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

NATGAS

RWAall NATGAS markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0364%/8h= +39.8% APRnext payment +$1.82 per $10,000 · paid last 24h +0.117%
Price spread now: edgeX against SunX−0.073%7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$1021.017% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.356%+$36 on $10k
Price spread, last 3 days (all we have)+0.025%+$2 · spread now −0.073%, 7d avg −0.058%
Together, before fees+0.381%+ Points / potential airdropedgeX: Active · farm board+$38 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.058%, so right now this pair is about funding alone: +$11 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX NATGAS-USDT3.00620get 0.0000% / 4h2h 37m$2K$2.6M20x
ShortedgeX NATGASUSDC3.00400.0364get 0.0182% / 4h2h 37m$85K$212K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against SunX. 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
$76.42
Price spread: −0.073% → −0.058%
−$1.49
Slippage, 4 orders
−$84.72
Fee SunX: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$26.79
Costs to cover
1.017%
Break-even
9.5 days
Slippage from SunX: live order book, 10 min ago; edgeX: live order book, 30 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 10 min ago14.97 bp19.4 bp −$19doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 30 min ago13.33 bp21.1 bp −$2128.3 bp −$283doesn't fitdoesn't fit

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%1h3.0027−0.116%$35K20xas long as short
gTrade (Gains Network) NATGAS/USDL 0.0000% / S 0.0000%1h2.8396−5.542%as long as short
SunX NATGAS-USDTlong0.0000%4h3.0062long leg$2K$2.6M20x
QFEX NATGAS-USD+0.0019%1h3.0030−0.106%$659K$86K20xas long as short
Vest NG-PERP+0.0046%1h3.0030−0.106%$37810xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h3.0024−0.126%$5.9M$5.9M10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0022−0.133%$82K$27K10xas long as short
Extended XNG-USD+0.0056%1h3.0017−0.151%$110K$450K5xas long as short
Paradex NG-USD-PERP+0.0063%8h3.0063+0.003%$5K5xas long as short
Lighter NATGAS+0.0088%1h3.0039−0.077%$618K$444K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NATGAS+0.0100%1h3.0030−0.106%$68K$33K10xas long as short
KuCoin NATGASUSDTM+0.0100%4h3.0030−0.106%$1.0M$1.1M20xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.206%$37K$217K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.206%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0040−0.073%$1.5M$94K10xas long as short
Aster NATGASUSDT+0.0171%4h3.0030−0.106%$266K$73K50xas long as short
HTX NATGAS-USDT+0.0256%4h3.0059−0.010%$98K$213K75xas long as short
Variational Omni NATGAS+0.0284%4h3.0030−0.105%$312K$443Kas long as short
BloFin NG-USDT+0.0307%8h2.9980−0.273%$81K$188K20xas long as short
OKX NG-USDT-SWAP+0.0326%8h3.0020−0.140%$868K$1.7M50xas long as short
edgeX NATGASUSDCshort+0.0364%4h3.0040−0.073%$85K$212K20x
Binance NATGASUSDT+0.0375%4h3.0040−0.073%$10.1M$29.1M100xas long as short
GRVT NATGAS_USDT_Perp+0.0406%4h3.0040−0.074%$12K$214K25xas long as short
Gate NG_USDT+0.0414%8h3.0060−0.007%$1.5M$218K100xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0420% / S −0.0356%1h3.0045−0.057%$92K45xas long as short
Bitget NATGASUSDT+0.0594%4h3.0010−0.173%$9.9M$3.5M100xas long as short
Kraken Futures PF_NATGASUSD+0.0824%1h3.0065+0.010%$54K$37K20xas long as short