After costs, if the gap returns to its 7d average, $10k−$76
spread now+0.165%7d average+0.001%fees + slippage, in and out−$92spread needed0.925%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster NATGASUSDT | 3.0030 | 0.0047 | pay 0.0023% / 4h | 2h 53m | $265K | $102K | 50x |
| Short | Gate NG_USDT | 3.0080 | 0.0361 | get 0.0361% / 8h | 6h 53m | $1.5M | $374K | 100x |
Aster NATGASUSDT
Gate NG_USDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $16.52
- Funding while held
- $9.43
- Slippage, 4 orders
- −$69.48
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$66.53
- Spread needed to break even
- 0.925%
Slippage from Aster: live order book, 50 min ago; Gate: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0314%
- Per $10,000 a day
- +$9.43
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aster live order book, 50 min ago | 3.33 bp | 36.0 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 1.66 bp | 15.3 bp −$15 | 41.8 bp −$418 | doesn't fit | doesn't fit |
NATGAS price on every exchange
against the cheapest. Click to use as the short leg.gTrade (Gains Network)2.8455cheapest
gTrade (Gains Network)Vest2.8460+0.018%
ApeX Omni3.0000+5.430%Orderly3.0000+5.430%BloFin3.0010+5.465%edgeX3.0023+5.510%SunX3.0028+5.528%Hotstuff3.0030+5.535%Bitget3.0030+5.535%
Vest
ApeX Omni
Orderly
BloFin
SunX
Hotstuff
BitgetAster3.0030+5.536%
Variational Omni3.0036+5.557%Pacifica3.0037+5.561%OKX3.0040+5.570%KuCoin3.0040+5.570%Ondo Perps3.0042+5.577%Binance3.0055+5.622%GMX3.0055+5.623%Extended3.0057+5.629%tradeXYZ3.0058+5.633%QFEX3.0060+5.640%Phemex3.0060+5.640%Paradex3.0064+5.653%Lighter3.0067+5.665%Kraken Futures3.0068+5.669%HTX3.0069+5.672%
Variational Omni
Pacifica
OKX
KuCoin
Ondo Perps
Binance
GMX
Extended
tradeXYZ
QFEX
Phemex
Paradex
Lighter
Kraken Futures
HTXGate3.0080+5.711%
NATGAS on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) NATGAS/USD | −5.246% | L 0.0000% / S 0.0000% | 1h | — | — | — | as long as short |
| Vest NG-PERP | −5.229% | +0.0046% | 1h | — | $378 | 10x | as long as short |
| ApeX Omni NATGASUSDT | −0.101% | +0.0100% | 1h | $37K | $218K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | −0.101% | +0.0100% | 8h | $3K | $278 | 10x | as long as short |
| BloFin NG-USDT | −0.068% | +0.0284% | 8h | $85K | $178K | 20x | as long as short |
| edgeX NATGASUSDC | −0.025% | +0.0137% | 4h | $85K | $213K | 20x | as long as short |
| SunX NATGAS-USDT | −0.008% | 0.0000% | 4h | $2K | $2.6M | 20x | as long as short |
| Hotstuff NATGAS-PERP | −0.001% | −0.0112% | 1h | $35K | — | 20x | as long as short |
| Bitget NATGASUSDT | −0.001% | +0.0654% | 4h | $10.0M | $4.0M | 100x | as long as short |
| Aster NATGASUSDTlong | 0.000% | +0.0047% | 4h | $265K | $102K | 50x |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni NATGAS | +0.020% | +0.0070% | 4h | $664K | $146K | — | as long as short |
| Pacifica NATGAS | +0.023% | +0.0100% | 1h | $82K | $19K | 10x | as long as short |
| OKX NG-USDT-SWAP | +0.032% | +0.0273% | 8h | $895K | $1.7M | 50x | as long as short |
| KuCoin NATGASUSDTM | +0.032% | +0.0100% | 4h | $1.0M | $985K | 20x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.039% | +0.0050% | 1h | $87K | $68K | 10x | as long as short |
| Binance NATGASUSDT | +0.081% | +0.0129% | 4h | $10.1M | $28.9M | 100x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | +0.082% | L +0.0502% / S −0.0430% | 1h | $93K | — | 45x | as long as short |
| Extended XNG-USD | +0.088% | +0.0032% | 1h | $109K | $1.4M | 5x | as long as short |
| tradeXYZ xyz:NATGAS | +0.092% | +0.0050% | 1h | $5.8M | $5.9M | 10x | as long as short |
| QFEX NATGAS-USD | +0.099% | +0.0003% | 1h | $660K | $142K | 20x | as long as short |
| Phemex NGUSDT | +0.099% | +0.0100% | 4h | $1.5M | $88K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.110% | +0.0050% | 8h | $5K | — | 5x | as long as short |
| Lighter NATGAS | +0.122% | +0.0032% | 1h | $621K | $404K | 10x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.125% | +0.0480% | 1h | $53K | $58K | 20x | as long as short |
| HTX NATGAS-USDT | +0.129% | 0.0000% | 4h | $98K | $224K | 75x | as long as short |
| Gate NG_USDTshort | +0.165% | +0.0361% | 8h | $1.5M | $374K | 100x |