After costs, if the gap returns to its 7d average, $10k−$87
spread now+0.096%7d average+0.012%fees + slippage, in and out−$95spread needed0.954%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX NATGASUSDC | 3.0076 | 0.0187 | pay 0.0093% / 4h | 1h 47m | $85K | $214K | 20x |
| Short | Aster NATGASUSDT | 3.0104 | 0.0081 | get 0.0040% / 4h | 1h 47m | $266K | $103K | 50x |
Aster 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
- $9.58
- Funding while held
- −$3.17
- Slippage, 4 orders
- −$78.42
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$89.01
- Spread needed to break even
- 0.954%
Slippage from edgeX: live order book, 51 min ago; Aster: live order book, 51 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0106%
- Per $10,000 a day
- −$3.17
- 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 edgeX live order book, 51 min ago | 13.35 bp | 33.8 bp −$34 | 41.6 bp −$416 | doesn't fit | doesn't fit |
| Sell Aster live order book, 51 min ago | 5.00 bp | 12.1 bp −$12 | 15.6 bp −$156 | doesn't fit | doesn't fit |
NATGAS price on every exchange
against the cheapest. Click to use as the short leg.gTrade (Gains Network)2.8481cheapest
gTrade (Gains Network)Vest2.8490+0.032%
Variational Omni3.0056+5.529%KuCoin3.0060+5.544%Bitget3.0060+5.544%Ondo Perps3.0067+5.569%OKX3.0070+5.579%Binance3.0073+5.589%Phemex3.0080+5.614%BloFin3.0080+5.614%tradeXYZ3.0082+5.621%Lighter3.0083+5.625%GMX3.0085+5.632%Pacifica3.0086+5.634%Extended3.0087+5.638%HTX3.0087+5.639%Hotstuff3.0091+5.653%QFEX3.0100+5.684%Gate3.0100+5.684%ApeX Omni3.0100+5.684%Orderly3.0100+5.684%
Vest
Variational Omni
KuCoin
Bitget
Ondo Perps
OKX
Binance
Phemex
BloFin
tradeXYZ
Lighter
GMX
Pacifica
Extended
HTX
Hotstuff
QFEX
Gate
ApeX Omni
OrderlyAster3.0104+5.700%
Paradex3.0105+5.701%Kraken Futures3.0105+5.702%SunX3.0112+5.727%
Paradex
Kraken Futures
SunXNATGAS 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 | −5.302% | L 0.0000% / S 0.0000% | 1h | — | — | — | as long as short |
| Vest NG-PERP | −5.272% | +0.0046% | 1h | — | $378 | 10x | as long as short |
| Variational Omni NATGAS | −0.066% | +0.0140% | 4h | $662K | $147K | — | as long as short |
| KuCoin NATGASUSDTM | −0.052% | +0.0100% | 4h | $975K | $1.0M | 20x | as long as short |
| Bitget NATGASUSDT | −0.052% | +0.0698% | 4h | $10.0M | $4.1M | 100x | as long as short |
| Ondo Perps NATGAS-USD.P | −0.028% | +0.0050% | 1h | $87K | $68K | 10x | as long as short |
| OKX NG-USDT-SWAP | −0.018% | +0.0238% | 8h | $897K | $1.7M | 50x | as long as short |
| Binance NATGASUSDT | −0.009% | +0.0176% | 4h | $10.1M | $30.3M | 100x | as long as short |
| edgeX NATGASUSDClong | 0.000% | +0.0187% | 4h | $85K | $214K | 20x | |
| Phemex NGUSDT | +0.015% | +0.0100% | 4h | $1.5M | $93K | 10x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin NG-USDT | +0.015% | +0.0230% | 8h | $85K | $190K | 20x | as long as short |
| tradeXYZ xyz:NATGAS | +0.021% | +0.0050% | 1h | $5.8M | $6.1M | 10x | as long as short |
| Lighter NATGAS | +0.025% | +0.0032% | 1h | $621K | $406K | 10x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | +0.031% | L +0.0413% / S −0.0333% | 1h | $94K | — | 45x | as long as short |
| Pacifica NATGAS | +0.034% | +0.0100% | 1h | $82K | $21K | 10x | as long as short |
| Extended XNG-USD | +0.037% | +0.0032% | 1h | $104K | $1.4M | 5x | as long as short |
| HTX NATGAS-USDT | +0.038% | 0.0000% | 4h | $98K | $223K | 75x | as long as short |
| Hotstuff NATGAS-PERP | +0.051% | −0.0104% | 1h | $35K | — | 20x | as long as short |
| QFEX NATGAS-USD | +0.081% | +0.0002% | 1h | $660K | $142K | 20x | as long as short |
| Gate NG_USDT | +0.081% | +0.0351% | 8h | $1.5M | $375K | 100x | as long as short |
| ApeX Omni NATGASUSDT | +0.081% | +0.0100% | 1h | $37K | $215K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.081% | +0.0100% | 8h | $3K | $278 | 10x | as long as short |
| Aster NATGASUSDTshort | +0.096% | +0.0081% | 4h | $266K | $103K | 50x | |
| Paradex NG-USD-PERP | +0.097% | +0.0050% | 8h | $5K | — | 5x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.098% | +0.0421% | 1h | $53K | $56K | 20x | as long as short |
| SunX NATGAS-USDT | +0.121% | 0.0000% | 4h | $2K | $2.6M | 20x | as long as short |