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−0.0117%/8h= −12.8% APRpaid last 24h −0.072%
Price spread now: gTrade (Gains Network) against Aster−5.511%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 1 day (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 5.511% cheaper against Aster than usual: you would sell low and buy high (−$551 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster NATGASUSDT3.00300.0116pay 0.0058% / 4h2h 57m$266K$73K50x
ShortgTrade (Gains Network) NATGAS/USD2.8375L 0.0000% / S 0.0000%pay 0.0000% / 1h57m 16s

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Aster. 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
−$24.49
Price spread: −5.511% → 0.000%
−$551.12
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$593.61
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 9 min ago; gTrade (Gains Network): 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 Aster live order book, 9 min ago6.66 bp61.8 bp −$62doesn't fitdoesn't fitdoesn't fit
Sell gTrade (Gains Network) no order-book sample
gTrade (Gains Network): 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/USDshortL 0.0000% / S 0.0000%1h2.8375−5.511%
SunX NATGAS-USDT0.0000%4h3.0042+0.040%$2K$2.6M20xas long as short
QFEX NATGAS-USD+0.0019%1h3.0020−0.033%$659K$86K20xas long as short
Extended XNG-USD+0.0032%1h3.0001−0.098%$110K$451K5xas long as short
Lighter NATGAS+0.0040%1h3.0026−0.013%$617K$430K10xas long as short
Vest NG-PERP+0.0046%1h3.0010−0.067%$37810xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h3.0006−0.080%$5.9M$5.9M10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0047+0.057%$84K$26K10xas long as short
Paradex NG-USD-PERP+0.0053%8h3.0027−0.010%$5K5xas long as short
Hotstuff NATGAS-PERP+0.0064%1h3.0017−0.043%$35K20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NATGAS+0.0100%1h3.0020−0.033%$68K$33K10xas long as short
KuCoin NATGASUSDTM+0.0100%4h3.0010−0.067%$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%4h3.0020−0.033%$1.5M$94K10xas long as short
Aster NATGASUSDTlong+0.0116%4h3.0030long leg$266K$73K50x
HTX NATGAS-USDT+0.0201%4h3.0035+0.017%$98K$211K75xas long as short
Variational Omni NATGAS+0.0215%4h3.0030−0.001%$312K$443Kas long as short
BloFin NG-USDT+0.0242%8h2.9990−0.133%$81K$189K20xas long as short
OKX NG-USDT-SWAP+0.0280%8h3.0020−0.033%$865K$1.7M50xas long as short
edgeX NATGASUSDC+0.0300%4h3.0034+0.012%$85K$213K20xas long as short
Binance NATGASUSDT+0.0302%4h3.0020−0.033%$10.1M$29.2M100xas long as short
GRVT NATGAS_USDT_Perp+0.0336%4h3.0020−0.033%$25K$200K25xas long as short
Gate NG_USDT+0.0394%8h3.0040+0.033%$1.5M$217K100xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0415% / S −0.0352%1h3.0025−0.017%$92K45xas long as short
Bitget NATGASUSDT+0.0450%4h3.0000−0.100%$9.9M$3.5M100xas long as short
Kraken Futures PF_NATGASUSD+0.0825%1h3.0034+0.012%$52K$36K20xas long as short