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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0588%/8h= −64.4% APRnext payment $2.94 per $10,000 · paid last 24h −0.171%
Price spread now: Aster against Bitget+0.057%7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$205as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$1061.061% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.985%−$99 on $10k
Price spread, last 4 days (all we have)+0.373%+$37 · spread now +0.057%, 7d avg +0.064%
Together, before fees−0.612%+ Points / potential airdropAster: Stage 5 · farm board−$61 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.064%, so right now this pair is about funding alone: −$18 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget NATGASUSDT3.00000.0940pay 0.0470% / 4h1h 30m$9.9M$3.4M100x
ShortAster NATGASUSDT3.00170.0352get 0.0176% / 4h1h 30m$265K$73K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bitget. 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
−$123.51
Price spread: +0.057% → +0.064%
−$0.7
Slippage, 4 orders
−$86.08
Fee Bitget: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$230.29
Costs to cover
1.061%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; Aster: live order book, 31 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 3 min ago1.67 bp10.5 bp −$1120.3 bp −$20371.5 bp −$7,154doesn't fit
Sell Aster live order book, 31 min ago6.66 bp16.8 bp −$1718.8 bp −$188doesn't fitdoesn't fit

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%1h2.8445−5.183%as long as short
SunX NATGAS-USDT0.0000%4h3.0041+0.137%$2K$2.4M20xas long as short
QFEX NATGAS-USD+0.0019%1h3.0010+0.033%$659K$85K20xas long as short
Lighter NATGAS+0.0032%1h3.0025+0.083%$619K$494K10xas long as short
Vest NG-PERP+0.0046%1h3.0010+0.033%$37810xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h2.9996−0.013%$82K$26K10xas long as short
Extended XNG-USD+0.0056%1h3.0003+0.010%$110K$444K5xas long as short
Paradex NG-USD-PERP+0.0064%8h3.0029+0.096%$5K5xas long as short
Hotstuff NATGAS-PERP+0.0096%1h3.0011+0.037%$35K20xas long as short
Pacifica NATGAS+0.0100%1h3.0020+0.068%$68K$33K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni NATGASUSDT+0.0100%1h3.00000.000%$37K$217K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.00000.000%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0030+0.100%$1.5M$95K10xas long as short
tradeXYZ xyz:NATGAS+0.0104%1h3.0010+0.033%$6.0M$5.9M10xas long as short
HTX NATGAS-USDT+0.0238%4h3.0040+0.133%$101K$214K75xas long as short
KuCoin NATGASUSDTM+0.0338%4h3.0020+0.067%$1.0M$1.1M20xas long as short
Aster NATGASUSDTshort+0.0352%4h3.0017+0.057%$265K$73K50x
GRVT NATGAS_USDT_Perp+0.0390%4h3.0017+0.055%$12K$214K25xas long as short
BloFin NG-USDT+0.0415%8h2.9990−0.033%$81K$188K20xas long as short
OKX NG-USDT-SWAP+0.0422%8h3.0020+0.067%$854K$1.7M50xas long as short
Gate NG_USDT+0.0430%8h3.0060+0.200%$1.5M$209K100xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0433% / S −0.0371%1h3.0025+0.083%$92K45xas long as short
Variational Omni NATGAS+0.0532%4h3.0019+0.063%$311K$444Kas long as short
edgeX NATGASUSDC+0.0563%4h3.0011+0.037%$85K$213K20xas long as short
Binance NATGASUSDT+0.0569%4h3.0027+0.091%$10.2M$29.0M100xas long as short
Bitget NATGASUSDTlong+0.0940%4h3.0000long leg$9.9M$3.4M100x
Kraken Futures PF_NATGASUSD+0.1109%1h3.0035+0.118%$54K$36K20xas long as short