After costs, if the gap returns to its 7d average, $10k−$73
spread now−0.066%7d average−0.013%fees + slippage, in and out−$68spread needed0.681%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX NATGASUSDC | 2.9820 | 0.0218 | pay 0.0109% / 4h | 1h 21m | $85K | $213K | 20x |
| Short | Binance NATGASUSDT | 2.9800 | 0.0235 | get 0.0118% / 4h | 1h 21m | $10.0M | $31.6M | 100x |
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
- −$6.61
- Funding while held
- $0.52
- Slippage, 4 orders
- −$49.1
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$74.2
- Spread needed to break even
- 0.681%
Slippage from edgeX: live order book, 12 min ago; Binance: live order book, 6 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0017%
- Per $10,000 a day
- +$0.52
- 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, 12 min ago | 13.34 bp | 33.7 bp −$34 | 43.0 bp −$430 | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 1.67 bp | 6.7 bp −$7 | 9.6 bp −$96 | 43.8 bp −$4,379 | 169.3 bp −$84.6K |
NATGAS price on every exchange
against the cheapest. Click to use as the short leg.gTrade (Gains Network)2.8211cheapest
gTrade (Gains Network)Vest2.8240+0.103%
KuCoin2.9780+5.562%Bitget2.9780+5.562%Extended2.9784+5.575%Pacifica2.9787+5.586%OKX2.9790+5.597%BloFin2.9790+5.597%GMX2.9795+5.615%tradeXYZ2.9797+5.622%Hotstuff2.9797+5.622%
Vest
KuCoin
Bitget
Extended
Pacifica
OKX
BloFin
GMX
tradeXYZ
HotstuffBinance2.9800+5.633%
ApeX Omni2.9800+5.633%Orderly2.9800+5.633%Phemex2.9800+5.633%Paradex2.9803+5.642%Lighter2.9810+5.668%QFEX2.9810+5.668%Ondo Perps2.9816+5.689%Kraken Futures2.9818+5.697%SunX2.9821+5.707%Aster2.9823+5.713%HTX2.9825+5.721%Gate2.9830+5.739%Variational Omni2.9846+5.797%
ApeX Omni
Orderly
Phemex
Paradex
Lighter
QFEX
Ondo Perps
Kraken Futures
SunX
Aster
HTX
Gate
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 | −5.395% | L 0.0000% / S 0.0000% | 1h | — | — | — | as long as short |
| Vest NG-PERP | −5.298% | +0.0046% | 1h | — | $378 | 10x | as long as short |
| KuCoin NATGASUSDTM | −0.133% | +0.0100% | 4h | $1.1M | $1.1M | 20x | as long as short |
| Bitget NATGASUSDT | −0.133% | +0.0716% | 4h | $9.9M | $4.2M | 100x | as long as short |
| Extended XNG-USD | −0.121% | +0.0032% | 1h | $104K | $1.4M | 5x | as long as short |
| Pacifica NATGAS | −0.110% | +0.0100% | 1h | $81K | $21K | 10x | as long as short |
| OKX NG-USDT-SWAP | −0.100% | +0.0248% | 8h | $885K | $1.8M | 50x | as long as short |
| BloFin NG-USDT | −0.100% | +0.0269% | 8h | $86K | $189K | 20x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | −0.083% | L +0.0412% / S −0.0333% | 1h | $93K | — | 45x | as long as short |
| tradeXYZ xyz:NATGAS | −0.076% | +0.0063% | 1h | $5.8M | $6.5M | 10x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Hotstuff NATGAS-PERP | −0.076% | −0.0056% | 1h | $35K | — | 20x | as long as short |
| Binance NATGASUSDTshort | −0.066% | +0.0235% | 4h | $10.0M | $31.6M | 100x | |
| ApeX Omni NATGASUSDT | −0.066% | +0.0100% | 1h | $36K | $216K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | −0.066% | +0.0100% | 8h | $3K | $278 | 10x | as long as short |
| Phemex NGUSDT | −0.066% | +0.0100% | 4h | $1.5M | $95K | 10x | as long as short |
| Paradex NG-USD-PERP | −0.057% | +0.0053% | 8h | $5K | — | 5x | as long as short |
| Lighter NATGAS | −0.033% | +0.0032% | 1h | $614K | $416K | 10x | as long as short |
| QFEX NATGAS-USD | −0.033% | +0.0002% | 1h | $654K | $99K | 20x | as long as short |
| Ondo Perps NATGAS-USD.P | −0.012% | +0.0050% | 1h | $83K | $69K | 10x | as long as short |
| Kraken Futures PF_NATGASUSD | −0.005% | +0.0426% | 1h | $52K | $56K | 20x | as long as short |
| edgeX NATGASUSDClong | 0.000% | +0.0218% | 4h | $85K | $213K | 20x | |
| SunX NATGAS-USDT | +0.004% | 0.0000% | 4h | $2K | $2.6M | 20x | as long as short |
| Aster NATGASUSDT | +0.010% | +0.0136% | 4h | $263K | $104K | 50x | as long as short |
| HTX NATGAS-USDT | +0.018% | 0.0000% | 4h | $97K | $224K | 75x | as long as short |
| Gate NG_USDT | +0.034% | +0.0326% | 8h | $1.5M | $383K | 100x | as long as short |
| Variational Omni NATGAS | +0.089% | +0.0174% | 4h | $658K | $147K | — | as long as short |