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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0003%/8h= −0.4% APRpaid last 24h −0.042%
Price spread now: Pacifica against Aster−0.008%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 7 days+0.058%+$6 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · Pacifica: Active · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster NATGASUSDT3.00300.0103pay 0.0052% / 4h3h 04m$266K$73K50x
ShortPacifica NATGAS3.00280.0100get 0.0013% / 1h4m 12s$68K$33K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
−$0.68
Price spread: −0.008% → 0.000%
−$0.83
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$17.51
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 3 min ago; Pacifica: 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, 3 min ago6.66 bp61.8 bp −$62doesn't fitdoesn't fitdoesn't fit
Sell Pacifica no order-book sample
Pacifica: 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%1h2.8379−5.498%as long as short
SunX NATGAS-USDT0.0000%4h3.0052+0.073%$2K$2.6M20xas long as short
QFEX NATGAS-USD+0.0015%1h3.0020−0.033%$659K$85K20xas long as short
Lighter NATGAS+0.0032%1h3.0029−0.003%$617K$417K10xas long as short
Extended XNG-USD+0.0032%1h3.0014−0.055%$110K$451K5xas long as short
Hotstuff NATGAS-PERP+0.0040%1h3.0017−0.043%$35K20xas long as short
Vest NG-PERP+0.0046%1h3.00300.000%$37810xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h3.0017−0.043%$5.9M$5.9M10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0020−0.033%$84K$26K10xas long as short
Paradex NG-USD-PERP+0.0053%8h3.0034+0.012%$5K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NATGASshort+0.0100%1h3.0028−0.008%$68K$33K10x
KuCoin NATGASUSDTM+0.0100%4h3.00300.000%$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%4h3.0040+0.033%$1.5M$95K10xas long as short
Aster NATGASUSDTlong+0.0103%4h3.0030long leg$266K$73K50x
Variational Omni NATGAS+0.0200%4h3.0029−0.002%$312K$443Kas long as short
HTX NATGAS-USDT+0.0202%4h3.0051+0.070%$98K$211K75xas long as short
OKX NG-USDT-SWAP+0.0262%8h3.0020−0.033%$863K$1.7M50xas long as short
BloFin NG-USDT+0.0268%8h2.9990−0.133%$81K$189K20xas long as short
edgeX NATGASUSDC+0.0271%4h3.00300.000%$85K$212K20xas long as short
Binance NATGASUSDT+0.0286%4h3.0034+0.012%$10.1M$29.2M100xas long as short
GRVT NATGAS_USDT_Perp+0.0298%4h3.0020−0.033%$25K$200K25xas long as short
Gate NG_USDT+0.0373%8h3.0040+0.033%$1.5M$256K100xas long as short
Bitget NATGASUSDT+0.0408%4h3.0010−0.067%$9.9M$3.5M100xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0413% / S −0.0350%1h3.0035+0.017%$92K45xas long as short
Kraken Futures PF_NATGASUSD+0.1001%1h3.0042+0.040%$52K$36K20xas long as short