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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0299%/8h= −32.7% APRpaid last 24h −0.069%
Price spread now: Paradex against Aster−0.049%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 4 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 · Paradex: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Paradex is 0.049% cheaper against Aster than usual: you would sell low and buy high (−$5 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 NATGASUSDT3.00420.0374pay 0.0187% / 4h3h 41m$264K$74K50x
ShortParadex NG-USD-PERP3.00270.0075get 0.0075% / 8h3h 41m$5K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
−$62.8
Price spread: −0.049% → 0.000%
−$4.89
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$79.68
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 10 min ago; Paradex: 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, 10 min ago6.65 bp41.8 bp −$42238.1 bp −$2,381doesn't fitdoesn't fit
Sell Paradex no order-book sample
Paradex: 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%1h2.8414−5.419%as long as short
SunX NATGAS-USDT0.0000%4h3.0031−0.037%$2K$2.4M20xas long as short
QFEX NATGAS-USD+0.0009%1h3.0020−0.073%$669K$91K20xas long as short
Lighter NATGAS+0.0032%1h3.0006−0.120%$626K$501K10xas long as short
Extended XNG-USD+0.0032%1h3.0004−0.125%$110K$395K5xas long as short
Vest NG-PERP+0.0046%1h3.0010−0.107%$14K10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h2.9999−0.143%$82K$26K10xas long as short
tradeXYZ xyz:NATGAS+0.0057%1h3.0009−0.110%$6.0M$5.7M10xas long as short
Hotstuff NATGAS-PERP+0.0072%1h3.0002−0.133%$35K20xas long as short
Paradex NG-USD-PERPshort+0.0075%8h3.0027−0.049%$5K5x
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NATGAS+0.0100%1h2.9985−0.190%$68K$33K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.140%$37K$217K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.140%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0010−0.107%$1.5M$93K10xas long as short
KuCoin NATGASUSDTM+0.0326%4h3.0010−0.107%$1.0M$1.0M20xas long as short
Aster NATGASUSDTlong+0.0374%4h3.0042long leg$264K$74K50x
HTX NATGAS-USDT+0.0430%4h3.0056+0.046%$107K$214K75xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0472% / S −0.0414%1h3.0025−0.057%$92K45xas long as short
BloFin NG-USDT+0.0528%8h3.0030−0.040%$81K$191K20xas long as short
Gate NG_USDT+0.0531%8h3.0050+0.026%$1.5M$192K100xas long as short
OKX NG-USDT-SWAP+0.0557%8h3.0010−0.107%$861K$1.7M50xas long as short
Variational Omni NATGAS+0.0576%4h3.0020−0.074%$316K$449Kas long as short
GRVT NATGAS_USDT_Perp+0.0596%4h3.0017−0.083%$12K$230K25xas long as short
Binance NATGASUSDT+0.0598%4h3.0020−0.073%$10.2M$28.4M100xas long as short
edgeX NATGASUSDC+0.0617%4h3.0012−0.100%$85K$211K20xas long as short
Kraken Futures PF_NATGASUSD+0.0856%1h3.0024−0.059%$53K$33K20xas long as short
Bitget NATGASUSDT+0.0978%4h2.9990−0.173%$9.9M$3.2M100xas long as short