Settings8H · net · $10k
Funding arb · Price arb /

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0188%/8h= +20.6% APRpaid last 24h +0.007%
Price spread now: HTX against Paradex+0.069%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and HTX is 0.069% dearer against Paradex than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex NG-USD-PERP3.00210.0065pay 0.0065% / 8h5h 21m$5K5x
ShortHTX NATGAS-USDT3.00420.0254get 0.0127% / 4h1h 21m$101K$213K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Paradex. 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

Funding earned
$39.53
Price spread: +0.069% → 0.000%
$6.92
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee HTX: 6 bp × 2 orders
−$12
Net
$30.45
Costs to cover
0.160%
Break-even
1.6 days
Slippage unknown: Paradex: no order-book sample; HTX: live order book, 40 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Paradex no order-book sample
Sell HTX live order book, 40 min ago4.16 bp10.5 bp −$1019.4 bp −$194doesn't fitdoesn't fit
Paradex: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) NATGAS/USDL 0.0000% / S 0.0000%1h2.8436−5.280%as long as short
SunX NATGAS-USDT0.0000%4h3.0032+0.036%$2K$2.4M20xas long as short
QFEX NATGAS-USD+0.0019%1h3.0010−0.037%$658K$85K20xas long as short
Lighter NATGAS+0.0032%1h3.0010−0.037%$618K$494K10xas long as short
Vest NG-PERP+0.0046%1h3.0020−0.004%$37810xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0038+0.056%$82K$26K10xas long as short
Paradex NG-USD-PERPlong+0.0065%8h3.0021long leg$5K5x
tradeXYZ xyz:NATGAS+0.0091%1h3.0005−0.054%$6.0M$5.9M10xas long as short
Pacifica NATGAS+0.0100%1h3.0004−0.057%$68K$33K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.071%$37K$215K50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.071%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0010−0.037%$1.5M$95K10xas long as short
Hotstuff NATGAS-PERP+0.0104%1h3.0008−0.044%$35K20xas long as short
Extended XNG-USD+0.0128%1h2.9996−0.083%$110K$444K5xas long as short
HTX NATGAS-USDTshort+0.0254%4h3.0042+0.069%$101K$213K75x
KuCoin NATGASUSDTM+0.0360%4h3.0010−0.037%$1.1M$1.1M20xas long as short
Aster NATGASUSDT+0.0384%4h3.0013−0.027%$265K$73K50xas long as short
GRVT NATGAS_USDT_Perp+0.0406%4h3.0022+0.002%$12K$214K25xas long as short
BloFin NG-USDT+0.0406%8h2.9990−0.104%$81K$188K20xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0435% / S −0.0373%1h3.0015−0.021%$92K45xas long as short
OKX NG-USDT-SWAP+0.0439%8h3.0020−0.004%$853K$1.7M50xas long as short
Gate NG_USDT+0.0453%8h3.0060+0.129%$1.5M$209K100xas long as short
Variational Omni NATGAS+0.0547%4h3.0019−0.008%$311K$444Kas long as short
Binance NATGASUSDT+0.0596%4h3.0010−0.037%$10.2M$28.9M100xas long as short
edgeX NATGASUSDC+0.0598%4h3.0019−0.009%$85K$212K20xas long as short
Bitget NATGASUSDT+0.0968%4h2.9980−0.137%$9.9M$3.4M100xas long as short
Kraken Futures PF_NATGASUSD+0.1109%1h3.0026+0.015%$53K$34K20xas long as short