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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0309%/8h= −33.9% APRpaid last 24h −0.043%
Price spread now: Orderly against Aster+0.002%49s7-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 5 days (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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$9 a day on $10k at the current rate. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster NATGASUSDT2.99990.0409pay 0.0205% / 4h1h 01m$265K$73K50x
ShortOrderly PERP_NATGAS_USDC_mythos3.00000.0100get 0.0100% / 8h5h 01m$3K$54410x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
−$64.96
Price spread: +0.002% → 0.000%
$0.21
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$78.75
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 60 min ago; Orderly: 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, 60 min ago6.66 bp68.3 bp −$68doesn't fitdoesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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/USDL 0.0000% / S 0.0000%1h2.8425−5.248%as long as short
SunX NATGAS-USDT0.0000%4h3.0031+0.105%$2K$2.4M20xas long as short
QFEX NATGAS-USD+0.0019%1h3.0000+0.002%$658K$85K20xas long as short
Lighter NATGAS+0.0032%1h2.9998−0.005%$618K$495K10xas long as short
Hotstuff NATGAS-PERP+0.0032%1h3.0008+0.029%$35K20xas long as short
Vest NG-PERP+0.0046%1h3.0010+0.035%$37810xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0028+0.095%$82K$26K10xas long as short
Paradex NG-USD-PERP+0.0060%8h3.0016+0.056%$5K5xas long as short
tradeXYZ xyz:NATGAS+0.0093%1h3.0008+0.029%$6.0M$5.9M10xas long as short
Pacifica NATGAS+0.0100%1h2.9978−0.071%$68K$33K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni NATGASUSDT+0.0100%1h3.0000+0.002%$37K$214K50xas long as short
Orderly PERP_NATGAS_USDC_mythosshort+0.0100%8h3.0000+0.002%$3K$54410x
Phemex NGUSDT+0.0100%4h3.0010+0.035%$1.5M$95K10xas long as short
Extended XNG-USD+0.0128%1h2.9991−0.029%$110K$445K5xas long as short
HTX NATGAS-USDT+0.0240%4h3.0022+0.075%$105K$216K75xas long as short
GRVT NATGAS_USDT_Perp+0.0382%4h3.0002+0.010%$25K$227K25xas long as short
KuCoin NATGASUSDTM+0.0386%4h3.0000+0.002%$1.1M$1.1M20xas long as short
Aster NATGASUSDTlong+0.0409%4h2.9999long leg$265K$73K50x
GMX NATGAS/USD [ETH-USDC]L +0.0442% / S −0.0381%1h3.0015+0.052%$92K45xas long as short
Gate NG_USDT+0.0459%8h3.0040+0.135%$1.5M$211K100xas long as short
BloFin NG-USDT+0.0475%8h2.9990−0.031%$80K$188K20xas long as short
OKX NG-USDT-SWAP+0.0478%8h3.0000+0.002%$852K$1.7M50xas long as short
Variational Omni NATGAS+0.0586%4h2.9999−0.001%$311K$444Kas long as short
edgeX NATGASUSDC+0.0617%4h2.9999−0.001%$85K$213K20xas long as short
Binance NATGASUSDT+0.0622%4h3.0015+0.051%$10.2M$28.9M100xas long as short
Bitget NATGASUSDT+0.0994%4h2.9980−0.065%$9.9M$3.4M100xas long as short
Kraken Futures PF_NATGASUSD+0.1109%1h3.0026+0.090%$53K$34K20xas long as short