After costs, if the gap returns to its 7d average, $10k−$52
spread now+0.023%7d average−0.039%fees + slippage, in and out−$58spread needed0.578%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NATGASUSDT | 2.9943 | 0.0111 | pay 0.0055% / 4h | 3h 08m | $10.0M | $28.2M | 100x |
| Short | KuCoin NATGASUSDTM | 2.9950 | 0.0100 | get 0.0050% / 4h | 3h 08m | $1.0M | $970K | 20x |
Binance NATGASUSDT
KuCoin NATGASUSDTMPrice 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
- $2.35
- Funding while held
- −$0.33
- Slippage, 4 orders
- −$35.78
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$55.76
- Spread needed to break even
- 0.578%
Slippage from Binance: live order book, 4 min ago; KuCoin: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0011%
- Per $10,000 a day
- −$0.33
- 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 | 9.2 bp −$92 | 36.2 bp −$3,622 | 138.2 bp −$69.1K |
| Sell KuCoin live order book, 2 min ago | 8.34 bp | 20.3 bp −$20 | 549.8 bp −$5,498 | doesn't fit | doesn't fit |
NATGAS price on every exchange
against the cheapest. Click to use as the short leg.gTrade (Gains Network)2.8346cheapest
gTrade (Gains Network)Vest2.8380+0.120%
Orderly2.9900+5.482%Bitget2.9920+5.553%tradeXYZ2.9938+5.616%Extended2.9938+5.617%OKX2.9940+5.623%
Vest
Orderly
Bitget
tradeXYZ
Extended
OKXBinance2.9943+5.634%
Lighter2.9943+5.634%Pacifica2.9946+5.645%
Lighter
PacificaKuCoin2.9950+5.659%
GMX2.9955+5.676%QFEX2.9960+5.694%Phemex2.9960+5.694%Paradex2.9961+5.698%Kraken Futures2.9968+5.724%Aster2.9975+5.746%Ondo Perps2.9978+5.757%Gate2.9980+5.764%SunX2.9982+5.772%BloFin2.9990+5.800%ApeX Omni3.0000+5.835%Hotstuff3.0004+5.849%HTX3.0005+5.853%Variational Omni3.0008+5.863%edgeX3.0010+5.871%
GMX
QFEX
Phemex
Paradex
Kraken Futures
Aster
Ondo Perps
Gate
SunX
BloFin
ApeX Omni
Hotstuff
HTX
Variational OmniNATGAS 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 | −5.333% | L 0.0000% / S 0.0000% | 1h | — | — | — | as long as short |
| Vest NG-PERP | −5.220% | +0.0046% | 1h | — | $378 | 10x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | −0.144% | +0.0100% | 8h | $3K | $12 | 10x | as long as short |
| Bitget NATGASUSDT | −0.077% | +0.0628% | 4h | $9.9M | $4.0M | 100x | as long as short |
| tradeXYZ xyz:NATGAS | −0.017% | +0.0050% | 1h | $5.7M | $5.8M | 10x | as long as short |
| Extended XNG-USD | −0.016% | +0.0032% | 1h | $109K | $1.4M | 5x | as long as short |
| OKX NG-USDT-SWAP | −0.010% | +0.0276% | 8h | $894K | $1.7M | 50x | as long as short |
| Binance NATGASUSDTlong | 0.000% | +0.0111% | 4h | $10.0M | $28.2M | 100x | |
| Lighter NATGAS | 0.000% | +0.0032% | 1h | $619K | $403K | 10x | as long as short |
| Pacifica NATGAS | +0.010% | +0.0100% | 1h | $83K | $18K | 10x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin NATGASUSDTMshort | +0.023% | +0.0100% | 4h | $1.0M | $970K | 20x | |
| GMX NATGAS/USD [ETH-USDC] | +0.040% | L +0.0547% / S −0.0638% | 1h | $82K | — | 45x | as long as short |
| QFEX NATGAS-USD | +0.057% | 0.0000% | 1h | $658K | $138K | 20x | as long as short |
| Phemex NGUSDT | +0.057% | +0.0100% | 4h | $1.5M | $86K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.060% | +0.0050% | 8h | $5K | — | 5x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.085% | +0.0660% | 1h | $53K | $57K | 20x | as long as short |
| Aster NATGASUSDT | +0.106% | +0.0022% | 4h | $264K | $102K | 50x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.117% | +0.0050% | 1h | $87K | $67K | 10x | as long as short |
| Gate NG_USDT | +0.124% | +0.0354% | 8h | $1.5M | $376K | 100x | as long as short |
| SunX NATGAS-USDT | +0.130% | 0.0000% | 4h | $2K | $2.6M | 20x | as long as short |
| BloFin NG-USDT | +0.157% | +0.0282% | 8h | $85K | $178K | 20x | as long as short |
| ApeX Omni NATGASUSDT | +0.190% | +0.0100% | 1h | $37K | $219K | 50x | as long as short |
| Hotstuff NATGAS-PERP | +0.204% | −0.0064% | 1h | $35K | — | 20x | as long as short |
| HTX NATGAS-USDT | +0.207% | 0.0000% | 4h | $97K | $224K | 75x | as long as short |
| Variational Omni NATGAS | +0.217% | +0.0045% | 4h | $664K | $146K | — | as long as short |
| edgeX NATGASUSDC | +0.224% | +0.0113% | 4h | $85K | $213K | 20x | as long as short |