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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0028%/8h= −3.1% APRnext payment $0.03 per $10,000 · paid last 24h −0.011%
Price spread now: Hotstuff against ApeX Omni+0.171%117s7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
The price spread pays, funding is against you. Hotstuff is 0.171% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.171% now, against zero (this spread has no 7-day history yet)): +$17 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 20 days. The two prices were read 117 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni NATGASUSDT2.99000.0100pay 0.0013% / 1h13m 37s$36K$217K50x
ShortHotstuff NATGAS-PERP2.99510.0072get 0.0009% / 1h13m 37s$35K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against ApeX Omni. 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
−$5.88
Price spread: +0.171% → 0.000%
$17.06
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$3.82
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: ApeX Omni: live order book, 63 min ago; Hotstuff: 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 ApeX Omni live order book, 63 min ago16.69 bp54.7 bp −$55263.4 bp −$2,634doesn't fitdoesn't fit
Sell Hotstuff no order-book sample
Hotstuff: 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
GRVT NATGAS_USDT_Perp0.0000%4h2.9948+0.161%$13K$238K25xas long as short
gTrade (Gains Network) NATGAS/USDL 0.0000% / S 0.0000%1h2.8305−5.334%as long as short
SunX NATGAS-USDT0.0000%4h2.9972+0.241%$2K$2.6M20xas long as short
HTX NATGAS-USDT0.0000%4h2.9987+0.291%$98K$212K75xas long as short
QFEX NATGAS-USD+0.0030%1h2.9950+0.167%$657K$86K20xas long as short
Lighter NATGAS+0.0032%1h2.9968+0.227%$616K$419K10xas long as short
Extended XNG-USD+0.0040%1h2.9943+0.145%$110K$453K5xas long as short
Aster NATGASUSDT+0.0041%4h2.9960+0.201%$265K$73K50xas long as short
Vest NG-PERP+0.0046%1h2.9960+0.201%$37810xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h2.9947+0.157%$5.9M$6.0M10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps NATGAS-USD.P+0.0050%1h2.9973+0.244%$84K$43K10xas long as short
Paradex NG-USD-PERP+0.0065%8h2.9955+0.183%$5K5xas long as short
Hotstuff NATGAS-PERPshort+0.0072%1h2.9951+0.171%$35K20x
Variational Omni NATGAS+0.0080%4h2.9951+0.169%$311K$443Kas long as short
Pacifica NATGAS+0.0100%1h2.9951+0.172%$68K$33K10xas long as short
KuCoin NATGASUSDTM+0.0100%4h2.9950+0.167%$1.0M$1.2M20xas long as short
ApeX Omni NATGASUSDTlong+0.0100%1h2.9900long leg$36K$217K50x
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000+0.334%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h2.9950+0.167%$1.5M$97K10xas long as short
OKX NG-USDT-SWAP+0.0124%8h2.9950+0.167%$856K$1.7M50xas long as short
BloFin NG-USDT+0.0157%8h2.9960+0.201%$80K$189K20xas long as short
Gate NG_USDT+0.0167%8h2.9980+0.268%$1.5M$285K100xas long as short
Binance NATGASUSDT+0.0167%4h2.9951+0.170%$10.1M$29.9M100xas long as short
edgeX NATGASUSDC+0.0208%4h2.9951+0.169%$85K$213K20xas long as short
Bitget NATGASUSDT+0.0260%4h2.9930+0.100%$10.0M$3.7M100xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0406% / S −0.0333%1h2.9955+0.184%$93K45xas long as short
Kraken Futures PF_NATGASUSD+0.1217%1h2.9968+0.227%$52K$39K20xas long as short