NATGAS

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0502%/8h= +54.9% APRnext payment +$0.63 per $10,000 · paid last 24h +0.142%

Price spread now: GMX against Pacifica+0.041%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Pacifica Short on GMX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropPacifica: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and GMX is 0.041% dearer against Pacifica than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica NATGAS	2.9963	0.0100	pay 0.0013% / 1h	53m 43s	$70K	$33K	10x
Short	GMX NATGAS/USD [ETH-USDC]	2.9975	L +0.0587% / S −0.0602%	get 0.0075% / 1h	53m 43s	$88K	—	45x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Pacifica. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee PacificabpFee GMXbpOrdersPrice spread, now +0.041%Rate

Funding earned: $105.35
Price spread: +0.041% → 0.000%: $4.07
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee GMX: 6 bp × 2 orders: −$12
Net: $89.42
Costs to cover: 0.200%
Break-even: 1.1 days

Slippage unknown: Pacifica: no order-book sample; GMX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Pacifica no order-book sample	—	—	—	—	—
Sell GMX no order-book sample	—	—	—	—	—

Pacifica and GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

NATGAS on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff NATGAS-PERP	−0.0008%	1h	2.9977	+0.047%	$35K	—	20x	as long as short
gTrade (Gains Network) NATGAS/USD	L 0.0000% / S 0.0000%	1h	2.8324	−5.469%	—	—	—	as long as short
SunX NATGAS-USDT	0.0000%	4h	2.9981	+0.061%	$2K	$2.1M	20x	as long as short
HTX NATGAS-USDT	+0.0002%	4h	2.9976	+0.044%	$118K	$222K	75x	as long as short
QFEX NATGAS-USD	+0.0024%	1h	2.9960	−0.009%	$659K	$98K	20x	as long as short
Lighter NATGAS	+0.0032%	1h	2.9971	+0.027%	$632K	$484K	10x	as long as short
Extended XNG-USD	+0.0032%	1h	2.9963	+0.002%	$112K	$259K	5x	as long as short
Vest NG-PERP	+0.0046%	1h	2.9970	+0.024%	—	$14K	10x	as long as short
tradeXYZ xyz:NATGAS	+0.0050%	1h	2.9958	−0.016%	$6.0M	$5.6M	10x	as long as short
Ondo Perps NATGAS-USD.P	+0.0050%	1h	2.9973	+0.034%	$84K	$28K	10x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex NG-USD-PERP	+0.0075%	8h	2.9984	+0.071%	$5K	—	5x	as long as short
Pacifica NATGASlong	+0.0100%	1h	2.9963	long leg	$70K	$33K	10x
ApeX Omni NATGASUSDT	+0.0100%	1h	2.9900	−0.210%	$36K	$214K	50x	as long as short
Orderly PERP_NATGAS_USDC_mythos	+0.0100%	8h	2.9900	−0.210%	$3K	$544	10x	as long as short
Phemex NGUSDT	+0.0100%	4h	2.9960	−0.009%	$1.5M	$92K	10x	as long as short
GRVT NATGAS_USDT_Perp	+0.0194%	4h	2.9940	−0.076%	$20K	$205K	25x	as long as short
Aster NATGASUSDT	+0.0207%	4h	2.9947	−0.053%	$264K	$68K	50x	as long as short
KuCoin NATGASUSDTM	+0.0230%	4h	2.9970	+0.024%	$1.1M	$848K	20x	as long as short
Gate NG_USDT	+0.0247%	8h	3.0000	+0.124%	$1.5M	$198K	100x	as long as short
Kraken Futures PF_NATGASUSD	+0.0298%	1h	2.9958	−0.016%	$53K	$45K	20x	as long as short
Variational Omni NATGAS	+0.0382%	4h	2.9959	−0.012%	$355K	$429K	—	as long as short
Binance NATGASUSDT	+0.0399%	4h	2.9960	−0.009%	$9.8M	$31.6M	100x	as long as short
edgeX NATGASUSDC	+0.0412%	4h	2.9956	−0.022%	$85K	$211K	20x	as long as short
BloFin NG-USDT	+0.0467%	8h	2.9970	+0.024%	$77K	$198K	20x	as long as short
OKX NG-USDT-SWAP	+0.0484%	8h	2.9950	−0.043%	$811K	$1.9M	50x	as long as short
GMX NATGAS/USD [ETH-USDC]short	L +0.0587% / S −0.0602%	1h	2.9975	+0.041%	$88K	—	45x
Bitget NATGASUSDT	+0.0856%	4h	2.9940	−0.076%	$9.9M	$3.0M	100x	as long as short