After costs, if the gap returns to its 7d average, $10k−$70
spread now−0.008%7d average+0.050%fees + slippage, in and out−$64spread needed0.642%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NATGASUSDT | 2.9864 | 0.0311 | pay 0.0156% / 4h | 1h 05m | $10.0M | $32.2M | 100x |
| Short | SunX NATGAS-USDT | 2.9862 | 0 | get 0.0000% / 4h | 1h 05m | $2K | $2.6M | 20x |
Binance NATGASUSDT
SunX NATGAS-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
- −$0.76
- Funding while held
- −$9.34
- Slippage, 4 orders
- −$44.18
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee SunX: 5 bp × 2 orders
- −$10
- Net
- −$74.28
- Spread needed to break even
- 0.642%
Slippage from Binance: live order book, 7 min ago; SunX: live order book, 8 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0311%
- Per $10,000 a day
- −$9.34
- 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, 7 min ago | 1.68 bp | 6.7 bp −$7 | 10.3 bp −$103 | 39.5 bp −$3,948 | 145.6 bp −$72.8K |
| Sell SunX live order book, 8 min ago | 15.08 bp | 28.9 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
NATGAS price on every exchange
against the cheapest. Click to use as the short leg.gTrade (Gains Network)2.8246cheapest
gTrade (Gains Network)Vest2.8270+0.085%
ApeX Omni2.9800+5.502%Orderly2.9800+5.502%Variational Omni2.9816+5.558%Pacifica2.9824+5.587%edgeX2.9826+5.592%OKX2.9830+5.608%Bitget2.9830+5.608%BloFin2.9830+5.608%Extended2.9836+5.629%Aster2.9840+5.643%KuCoin2.9840+5.643%tradeXYZ2.9843+5.654%Hotstuff2.9844+5.657%Ondo Perps2.9845+5.661%Phemex2.9850+5.679%Lighter2.9855+5.696%GMX2.9855+5.696%QFEX2.9860+5.714%
Vest
ApeX Omni
Orderly
Variational Omni
Pacifica
OKX
Bitget
BloFin
Extended
Aster
KuCoin
tradeXYZ
Hotstuff
Ondo Perps
Phemex
Lighter
GMX
QFEXSunX2.9862+5.721%
Binance2.9864+5.729%
Gate2.9870+5.749%Kraken Futures2.9871+5.753%HTX2.9877+5.774%Paradex2.9881+5.788%
Gate
Kraken Futures
HTX
ParadexNATGAS 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 | −5.419% | L 0.0000% / S 0.0000% | 1h | — | — | — | as long as short |
| Vest NG-PERP | −5.338% | +0.0046% | 1h | — | $378 | 10x | as long as short |
| ApeX Omni NATGASUSDT | −0.215% | +0.0100% | 1h | $36K | $215K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | −0.215% | +0.0100% | 8h | $3K | $278 | 10x | as long as short |
| Variational Omni NATGAS | −0.162% | +0.0236% | 4h | $657K | $147K | — | as long as short |
| Pacifica NATGAS | −0.135% | +0.0100% | 1h | $80K | $22K | 10x | as long as short |
| edgeX NATGASUSDC | −0.129% | +0.0291% | 4h | $85K | $213K | 20x | as long as short |
| OKX NG-USDT-SWAP | −0.115% | +0.0260% | 8h | $887K | $1.8M | 50x | as long as short |
| Bitget NATGASUSDT | −0.115% | +0.0750% | 4h | $9.9M | $4.3M | 100x | as long as short |
| BloFin NG-USDT | −0.115% | +0.0234% | 8h | $84K | $189K | 20x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended XNG-USD | −0.095% | +0.0032% | 1h | $102K | $1.3M | 5x | as long as short |
| Aster NATGASUSDT | −0.081% | +0.0215% | 4h | $264K | $104K | 50x | as long as short |
| KuCoin NATGASUSDTM | −0.081% | +0.0108% | 4h | $1.0M | $1.1M | 20x | as long as short |
| tradeXYZ xyz:NATGAS | −0.071% | +0.0077% | 1h | $5.8M | $6.6M | 10x | as long as short |
| Hotstuff NATGAS-PERP | −0.068% | −0.0032% | 1h | $35K | — | 20x | as long as short |
| Ondo Perps NATGAS-USD.P | −0.065% | +0.0050% | 1h | $83K | $70K | 10x | as long as short |
| Phemex NGUSDT | −0.048% | +0.0100% | 4h | $1.5M | $96K | 10x | as long as short |
| Lighter NATGAS | −0.031% | +0.0032% | 1h | $616K | $417K | 10x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | −0.031% | L +0.0412% / S −0.0333% | 1h | $93K | — | 45x | as long as short |
| QFEX NATGAS-USD | −0.014% | +0.0002% | 1h | $655K | $102K | 20x | as long as short |
| SunX NATGAS-USDTshort | −0.008% | 0.0000% | 4h | $2K | $2.6M | 20x | |
| Binance NATGASUSDTlong | 0.000% | +0.0311% | 4h | $10.0M | $32.2M | 100x | |
| Gate NG_USDT | +0.019% | +0.0330% | 8h | $1.5M | $384K | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.023% | +0.0425% | 1h | $52K | $56K | 20x | as long as short |
| HTX NATGAS-USDT | +0.043% | 0.0000% | 4h | $97K | $224K | 75x | as long as short |
| Paradex NG-USD-PERP | +0.056% | +0.0063% | 8h | $5K | — | 5x | as long as short |