After costs, if the gap returns to its 7d average, $10k−$40
spread now−0.067%7d average−0.047%fees + slippage, in and out−$38spread needed0.383%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NATGASUSDT | 2.9970 | 0.0193 | pay 0.0096% / 4h | 23m 39s | $10.0M | $26.7M | 100x |
| Short | BloFin NG-USDT | 2.9950 | 0.0355 | get 0.0355% / 8h | 23m 39s | $87K | $176K | 20x |
Binance NATGASUSDT
BloFin 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
- −$6.67
- Funding while held
- $4.86
- Slippage, 4 orders
- −$16.35
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$40.16
- Spread needed to break even
- 0.383%
Slippage from Binance: live order book, 4 min ago; BloFin: live order book, 40 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0162%
- Per $10,000 a day
- +$4.86
- 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 Binance live order book, 4 min ago | 1.67 bp | 6.7 bp −$7 | 10.7 bp −$107 | 34.4 bp −$3,443 | 134.8 bp −$67.4K |
| Sell BloFin live order book, 40 min ago | 5.01 bp | 11.0 bp −$11 | 18.2 bp −$182 | doesn't fit | doesn't fit |
NATGAS price on every exchange
against the cheapest. Click to use as the short leg.gTrade (Gains Network)2.8440cheapest
gTrade (Gains Network)Vest2.8450+0.035%
Bitget2.9940+5.274%OKX2.9950+5.309%KuCoin2.9950+5.309%
Vest
Bitget
OKX
KuCoinBloFin2.9950+5.309%
Ondo Perps2.9953+5.320%Variational Omni2.9962+5.353%edgeX2.9964+5.357%Pacifica2.9966+5.364%tradeXYZ2.9968+5.373%Extended2.9968+5.374%
Ondo Perps
Variational Omni
Pacifica
tradeXYZ
ExtendedBinance2.9970+5.380%
QFEX2.9970+5.380%Phemex2.9970+5.380%GMX2.9975+5.397%Lighter2.9980+5.415%Aster2.9980+5.415%Paradex2.9982+5.422%Hotstuff2.9986+5.436%Gate2.9990+5.450%SunX2.9992+5.457%Kraken Futures2.9995+5.469%ApeX Omni3.0000+5.485%Orderly3.0000+5.485%HTX3.0006+5.506%
QFEX
Phemex
GMX
Lighter
Aster
Paradex
Hotstuff
Gate
SunX
Kraken Futures
ApeX Omni
Orderly
HTXNATGAS 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 | −5.105% | L 0.0000% / S 0.0000% | 1h | — | — | — | as long as short |
| Vest NG-PERP | −5.072% | +0.0046% | 1h | — | — | 10x | as long as short |
| Bitget NATGASUSDT | −0.100% | +0.0758% | 4h | $9.9M | $3.9M | 100x | as long as short |
| OKX NG-USDT-SWAP | −0.067% | +0.0372% | 8h | $897K | $1.6M | 50x | as long as short |
| KuCoin NATGASUSDTM | −0.067% | +0.0106% | 4h | $1.0M | $909K | 20x | as long as short |
| BloFin NG-USDTshort | −0.067% | +0.0355% | 8h | $87K | $176K | 20x | |
| Ondo Perps NATGAS-USD.P | −0.057% | +0.0050% | 1h | $83K | $64K | 10x | as long as short |
| Variational Omni NATGAS | −0.025% | +0.0106% | 4h | $657K | $152K | — | as long as short |
| edgeX NATGASUSDC | −0.021% | +0.0216% | 4h | $85K | $213K | 20x | as long as short |
| Pacifica NATGAS | −0.015% | +0.0100% | 1h | $83K | $17K | 10x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:NATGAS | −0.007% | +0.0050% | 1h | $5.8M | $5.6M | 10x | as long as short |
| Extended XNG-USD | −0.006% | +0.0032% | 1h | $118K | $1.4M | 5x | as long as short |
| Binance NATGASUSDTlong | 0.000% | +0.0193% | 4h | $10.0M | $26.7M | 100x | |
| QFEX NATGAS-USD | 0.000% | −0.0003% | 1h | $658K | $144K | 20x | as long as short |
| Phemex NGUSDT | 0.000% | +0.0100% | 4h | $1.5M | $83K | 10x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | +0.017% | L +0.0651% / S −0.0785% | 1h | $82K | — | 45x | as long as short |
| Lighter NATGAS | +0.033% | +0.0032% | 1h | $622K | $357K | 10x | as long as short |
| Aster NATGASUSDT | +0.033% | +0.0093% | 4h | $264K | $78K | 50x | as long as short |
| Paradex NG-USD-PERP | +0.040% | +0.0051% | 8h | $5K | — | 5x | as long as short |
| Hotstuff NATGAS-PERP | +0.053% | +0.0208% | 1h | $35K | — | 20x | as long as short |
| Gate NG_USDT | +0.067% | +0.0409% | 8h | $1.5M | $368K | 100x | as long as short |
| SunX NATGAS-USDT | +0.073% | 0.0000% | 4h | $2K | $2.6M | 20x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.085% | +0.0505% | 1h | $54K | $58K | 20x | as long as short |
| ApeX Omni NATGASUSDT | +0.100% | +0.0100% | 1h | $37K | $221K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.100% | +0.0100% | 8h | $3K | $12 | 10x | as long as short |
| HTX NATGAS-USDT | +0.120% | 0.0000% | 4h | $97K | $225K | 75x | as long as short |