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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0081%/8h= +8.8% APRnext payment +$0.10 per $10,000 · paid last 24h +0.025%
Price spread now: Pacifica against QFEX−0.007%7-day average · you buy dearer than you sell
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX NATGAS-USD3.00300.0019pay 0.0002% / 1h35m 58s$659K$86K20x
ShortPacifica NATGAS3.00280.0100get 0.0013% / 1h35m 58s$68K$33K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against QFEX. 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
$16.93
Price spread: −0.007% → 0.000%
−$0.67
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$1.73
Costs to cover
0.180%
Break-even
7.7 days
Slippage unknown: QFEX: live order book, 18 min ago; Pacifica: 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
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 18 min ago1.67 bp6.7 bp −$76.7 bp −$6710.4 bp −$1,043doesn't fit
Sell Pacifica no order-book sample
Pacifica: 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
Hotstuff NATGAS-PERP−0.0024%1h3.0027−0.010%$35K20xas long as short
gTrade (Gains Network) NATGAS/USDL 0.0000% / S 0.0000%1h2.8400−5.428%as long as short
SunX NATGAS-USDT0.0000%4h3.0062+0.107%$2K$2.6M20xas long as short
QFEX NATGAS-USDlong+0.0019%1h3.0030long leg$659K$86K20x
Vest NG-PERP+0.0046%1h3.00300.000%$37810xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h3.0029−0.003%$5.9M$5.9M10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0061+0.103%$82K$27K10xas long as short
Paradex NG-USD-PERP+0.0067%8h3.0065+0.117%$5K5xas long as short
Extended XNG-USD+0.0072%1h3.0017−0.044%$110K$450K5xas long as short
Lighter NATGAS+0.0080%1h3.0039+0.030%$618K$444K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NATGASshort+0.0100%1h3.0028−0.007%$68K$33K10x
KuCoin NATGASUSDTM+0.0100%4h3.00300.000%$1.0M$1.1M20xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.100%$37K$217K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.100%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0040+0.033%$1.5M$94K10xas long as short
Aster NATGASUSDT+0.0176%4h3.0023−0.023%$266K$73K50xas long as short
HTX NATGAS-USDT+0.0265%4h3.0061+0.103%$98K$213K75xas long as short
BloFin NG-USDT+0.0307%8h2.9980−0.167%$81K$188K20xas long as short
Variational Omni NATGAS+0.0316%4h3.0040+0.034%$312K$443Kas long as short
OKX NG-USDT-SWAP+0.0328%8h3.0020−0.033%$868K$1.7M50xas long as short
edgeX NATGASUSDC+0.0364%4h3.0040+0.033%$85K$212K20xas long as short
Binance NATGASUSDT+0.0378%4h3.0040+0.033%$10.1M$29.1M100xas long as short
GRVT NATGAS_USDT_Perp+0.0406%4h3.0040+0.032%$12K$214K25xas long as short
Gate NG_USDT+0.0419%8h3.0060+0.100%$1.5M$219K100xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0420% / S −0.0356%1h3.0045+0.050%$92K45xas long as short
Bitget NATGASUSDT+0.0602%4h3.0010−0.067%$9.9M$3.5M100xas long as short
Kraken Futures PF_NATGASUSD+0.0824%1h3.0065+0.116%$54K$37K20xas long as short