After costs, if the gap returns to its 7d average, $10k−$36
spread now+0.067%7d average+0.059%fees + slippage, in and out−$37spread needed0.368%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget NATGASUSDT | 3.0000 | 0.0660 | pay 0.0330% / 4h | 2h 49m | $10.0M | $4.0M | 100x |
| Short | Binance NATGASUSDT | 3.0020 | 0.0133 | get 0.0066% / 4h | 2h 49m | $10.1M | $29.0M | 100x |
Bitget NATGASUSDT
Binance NATGASUSDTPrice 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
- −$15.82
- Slippage, 4 orders
- −$14.84
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$46
- Spread needed to break even
- 0.368%
Slippage from Bitget: live order book, 5 min ago; Binance: live order book, 8 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0527%
- Per $10,000 a day
- −$15.82
- 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 Bitget live order book, 5 min ago | 3.33 bp | 11.4 bp −$11 | 19.6 bp −$196 | 59.7 bp −$5,968 | doesn't fit |
| Sell Binance live order book, 8 min ago | 1.67 bp | 6.7 bp −$7 | 11.6 bp −$116 | 40.2 bp −$4,016 | 137.8 bp −$68.9K |
NATGAS price on every exchange
against the cheapest. Click to use as the short leg.gTrade (Gains Network)2.8420cheapest
gTrade (Gains Network)Vest2.8440+0.070%
VestBitget3.0000+5.559%
ApeX Omni3.0000+5.559%Orderly3.0000+5.559%Pacifica3.0013+5.605%Extended3.0017+5.620%
ApeX Omni
Orderly
Pacifica
ExtendedBinance3.0020+5.630%
KuCoin3.0020+5.630%Aster3.0030+5.665%BloFin3.0030+5.665%tradeXYZ3.0038+5.693%QFEX3.0040+5.700%Hotstuff3.0041+5.704%Paradex3.0044+5.713%GMX3.0045+5.718%Ondo Perps3.0047+5.725%Lighter3.0049+5.732%OKX3.0050+5.735%Phemex3.0050+5.735%edgeX3.0050+5.737%Kraken Futures3.0051+5.739%HTX3.0052+5.742%Gate3.0060+5.771%SunX3.0062+5.778%Variational Omni3.0066+5.793%
KuCoin
Aster
BloFin
tradeXYZ
QFEX
Hotstuff
Paradex
GMX
Ondo Perps
Lighter
OKX
Phemex
Kraken Futures
HTX
Gate
SunX
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 | −5.267% | L 0.0000% / S 0.0000% | 1h | — | — | — | as long as short |
| Vest NG-PERP | −5.200% | +0.0046% | 1h | — | $378 | 10x | as long as short |
| Bitget NATGASUSDTlong | 0.000% | +0.0660% | 4h | $10.0M | $4.0M | 100x | |
| ApeX Omni NATGASUSDT | 0.000% | +0.0100% | 1h | $37K | $217K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | 0.000% | +0.0100% | 8h | $3K | $278 | 10x | as long as short |
| Pacifica NATGAS | +0.043% | +0.0100% | 1h | $82K | $19K | 10x | as long as short |
| Extended XNG-USD | +0.057% | +0.0032% | 1h | $109K | $1.4M | 5x | as long as short |
| Binance NATGASUSDTshort | +0.067% | +0.0133% | 4h | $10.1M | $29.0M | 100x | |
| KuCoin NATGASUSDTM | +0.067% | +0.0100% | 4h | $1.0M | $987K | 20x | as long as short |
| Aster NATGASUSDT | +0.100% | +0.0049% | 4h | $265K | $102K | 50x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin NG-USDT | +0.100% | +0.0260% | 8h | $85K | $178K | 20x | as long as short |
| tradeXYZ xyz:NATGAS | +0.127% | +0.0050% | 1h | $5.7M | $5.9M | 10x | as long as short |
| QFEX NATGAS-USD | +0.133% | +0.0003% | 1h | $659K | $142K | 20x | as long as short |
| Hotstuff NATGAS-PERP | +0.137% | −0.0112% | 1h | $35K | — | 20x | as long as short |
| Paradex NG-USD-PERP | +0.145% | +0.0050% | 8h | $5K | — | 5x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | +0.150% | L +0.0502% / S −0.0430% | 1h | $93K | — | 45x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.157% | +0.0050% | 1h | $87K | $68K | 10x | as long as short |
| Lighter NATGAS | +0.163% | +0.0032% | 1h | $621K | $405K | 10x | as long as short |
| OKX NG-USDT-SWAP | +0.167% | +0.0273% | 8h | $895K | $1.7M | 50x | as long as short |
| Phemex NGUSDT | +0.167% | +0.0100% | 4h | $1.5M | $88K | 10x | as long as short |
| edgeX NATGASUSDC | +0.168% | +0.0137% | 4h | $85K | $213K | 20x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.170% | +0.0480% | 1h | $53K | $55K | 20x | as long as short |
| HTX NATGAS-USDT | +0.173% | 0.0000% | 4h | $98K | $223K | 75x | as long as short |
| Gate NG_USDT | +0.200% | +0.0363% | 8h | $1.5M | $374K | 100x | as long as short |
| SunX NATGAS-USDT | +0.207% | 0.0000% | 4h | $2K | $2.6M | 20x | as long as short |
| Variational Omni NATGAS | +0.221% | +0.0072% | 4h | $665K | $146K | — | as long as short |