Spread before costs (cost unknown: a leg has no order-book sample)+0.088%
7d average+0.045%if it closes, per $10,000$9funding while held, a day−$17.46
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget NATGASUSDT | 3.0010 | 0.0652 | pay 0.0326% / 4h | 2h 54m | $10.0M | $4.0M | 100x |
| Short | Variational Omni NATGAS | 3.0036 | 0.0070 | get 0.0035% / 4h | 2h 54m | $664K | $146K | — |
Bitget NATGASUSDT
Variational Omni 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
- $8.78
- Funding while held
- −$17.46
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$20.68
- Spread needed to break even
- 0.120%
Slippage unknown: Bitget: live order book, 1 min ago; Variational Omni: RFQ quote, 51 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0582%
- Per $10,000 a day
- −$17.46
- 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 | 3.33 bp | 11.4 bp −$11 | 19.6 bp −$196 | 59.7 bp −$5,968 | doesn't fit |
| Sell Variational Omni RFQ quote, 51 min ago | 4.50 bp | doesn't fit | 8.1 bp −$81 | doesn't fit | doesn't fit |
NATGAS price on every exchange
against the cheapest. Click to use as the short leg.gTrade (Gains Network)2.8420cheapest
gTrade (Gains Network)Vest2.8430+0.035%
ApeX Omni3.0000+5.559%Orderly3.0000+5.559%edgeX3.0003+5.570%KuCoin3.0010+5.595%
Vest
ApeX Omni
Orderly
KuCoinBitget3.0010+5.595%
tradeXYZ3.0024+5.644%Extended3.0026+5.651%Binance3.0029+5.661%Aster3.0030+5.665%OKX3.0030+5.665%Phemex3.0030+5.665%Pacifica3.0031+5.668%GMX3.0035+5.683%
tradeXYZ
Extended
Binance
Aster
OKX
Phemex
Pacifica
GMXVariational Omni3.0036+5.687%
Lighter3.0037+5.690%QFEX3.0040+5.700%BloFin3.0040+5.700%Ondo Perps3.0042+5.707%Kraken Futures3.0043+5.710%Paradex3.0044+5.713%HTX3.0046+5.721%Hotstuff3.0047+5.725%SunX3.0052+5.742%Gate3.0060+5.771%
Lighter
QFEX
BloFin
Ondo Perps
Kraken Futures
Paradex
HTX
Hotstuff
SunX
GateNATGAS 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 | −5.298% | L 0.0000% / S 0.0000% | 1h | — | — | — | as long as short |
| Vest NG-PERP | −5.265% | +0.0046% | 1h | — | $378 | 10x | as long as short |
| ApeX Omni NATGASUSDT | −0.033% | +0.0100% | 1h | $37K | $218K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | −0.033% | +0.0100% | 8h | $3K | $278 | 10x | as long as short |
| edgeX NATGASUSDC | −0.024% | +0.0134% | 4h | $85K | $213K | 20x | as long as short |
| KuCoin NATGASUSDTM | 0.000% | +0.0100% | 4h | $1.0M | $984K | 20x | as long as short |
| Bitget NATGASUSDTlong | 0.000% | +0.0652% | 4h | $10.0M | $4.0M | 100x | |
| tradeXYZ xyz:NATGAS | +0.047% | +0.0050% | 1h | $5.7M | $5.9M | 10x | as long as short |
| Extended XNG-USD | +0.053% | +0.0032% | 1h | $109K | $1.4M | 5x | as long as short |
| Binance NATGASUSDT | +0.063% | +0.0129% | 4h | $10.1M | $28.8M | 100x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster NATGASUSDT | +0.067% | +0.0044% | 4h | $265K | $102K | 50x | as long as short |
| OKX NG-USDT-SWAP | +0.067% | +0.0274% | 8h | $895K | $1.7M | 50x | as long as short |
| Phemex NGUSDT | +0.067% | +0.0100% | 4h | $1.5M | $88K | 10x | as long as short |
| Pacifica NATGAS | +0.070% | +0.0100% | 1h | $82K | $19K | 10x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | +0.083% | L +0.0502% / S −0.0430% | 1h | $93K | — | 45x | as long as short |
| Variational Omni NATGASshort | +0.088% | +0.0070% | 4h | $664K | $146K | — | |
| Lighter NATGAS | +0.090% | +0.0032% | 1h | $621K | $404K | 10x | as long as short |
| QFEX NATGAS-USD | +0.100% | +0.0003% | 1h | $659K | $142K | 20x | as long as short |
| BloFin NG-USDT | +0.100% | +0.0293% | 8h | $85K | $178K | 20x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.107% | +0.0050% | 1h | $87K | $68K | 10x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.109% | +0.0480% | 1h | $53K | $58K | 20x | as long as short |
| Paradex NG-USD-PERP | +0.112% | +0.0050% | 8h | $5K | — | 5x | as long as short |
| HTX NATGAS-USDT | +0.120% | 0.0000% | 4h | $98K | $224K | 75x | as long as short |
| Hotstuff NATGAS-PERP | +0.123% | +0.0136% | 1h | $35K | — | 20x | as long as short |
| SunX NATGAS-USDT | +0.140% | 0.0000% | 4h | $2K | $2.6M | 20x | as long as short |
| Gate NG_USDT | +0.167% | +0.0346% | 8h | $1.5M | $374K | 100x | as long as short |