After costs, if the gap returns to its 7d average, $10k−$32
spread now+0.100%7d average−0.008%fees + slippage, in and out−$43spread needed0.430%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget NATGASUSDT | 2.9910 | 0.0742 | pay 0.0371% / 4h | 19m 08s | $9.9M | $3.9M | 100x |
| Short | tradeXYZ xyz:NATGAS | 2.9940 | 0.0050 | get 0.0006% / 1h | 19m 08s | $5.8M | $5.6M | 10x |
Bitget NATGASUSDT
tradeXYZ xyz:NATGASPrice 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
- $10.03
- Funding while held
- −$20.76
- Slippage, 4 orders
- −$13.05
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$53.78
- Spread needed to break even
- 0.430%
Slippage from Bitget: live order book, 1 min ago; tradeXYZ: live order book, 11 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0692%
- Per $10,000 a day
- −$20.76
- 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, 1 min ago | 1.67 bp | 9.7 bp −$10 | 18.7 bp −$187 | 83.1 bp −$8,308 | doesn't fit |
| Sell tradeXYZ live order book, 11 min ago | 0.83 bp | 10.7 bp −$11 | 13.6 bp −$136 | doesn't fit | doesn't fit |
NATGAS price on every exchange
against the cheapest. Click to use as the short leg.gTrade (Gains Network)2.8399cheapest
gTrade (Gains Network)Vest2.8410+0.039%
VestBitget2.9910+5.321%
OKX2.9930+5.391%Pacifica2.9938+5.420%Extended2.9939+5.422%
OKX
Pacifica
ExtendedtradeXYZ2.9940+5.426%
Binance2.9940+5.426%QFEX2.9940+5.426%KuCoin2.9940+5.426%Phemex2.9940+5.426%BloFin2.9940+5.426%Variational Omni2.9942+5.435%Hotstuff2.9945+5.444%GMX2.9945+5.444%edgeX2.9945+5.445%Aster2.9949+5.458%Paradex2.9951+5.464%Lighter2.9959+5.493%Gate2.9960+5.497%SunX2.9961+5.500%Kraken Futures2.9961+5.501%Ondo Perps2.9977+5.557%ApeX Omni3.0000+5.638%Orderly3.0000+5.638%HTX3.0008+5.666%
Binance
QFEX
KuCoin
Phemex
BloFin
Variational Omni
Hotstuff
GMX
Aster
Paradex
Lighter
Gate
SunX
Kraken Futures
Ondo Perps
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 | −5.052% | L 0.0000% / S 0.0000% | 1h | — | — | — | as long as short |
| Vest NG-PERP | −5.015% | +0.0046% | 1h | — | — | 10x | as long as short |
| Bitget NATGASUSDTlong | 0.000% | +0.0742% | 4h | $9.9M | $3.9M | 100x | |
| OKX NG-USDT-SWAP | +0.067% | +0.0360% | 8h | $896K | $1.6M | 50x | as long as short |
| Pacifica NATGAS | +0.094% | +0.0100% | 1h | $83K | $17K | 10x | as long as short |
| Extended XNG-USD | +0.096% | +0.0032% | 1h | $118K | $1.4M | 5x | as long as short |
| tradeXYZ xyz:NATGASshort | +0.100% | +0.0050% | 1h | $5.8M | $5.6M | 10x | |
| Binance NATGASUSDT | +0.100% | +0.0184% | 4h | $10.0M | $26.8M | 100x | as long as short |
| QFEX NATGAS-USD | +0.100% | −0.0003% | 1h | $657K | $144K | 20x | as long as short |
| KuCoin NATGASUSDTM | +0.100% | +0.0100% | 4h | $1.0M | $914K | 20x | as long as short |