Settings8H · net · $10k
Funding arb · Price arb /

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0285%/8h= −31.2% APRpaid last 24h −0.101%
Price spread now: Orderly against edgeX−0.037%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropedgeX: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Orderly is 0.037% cheaper against edgeX than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX NATGASUSDC3.00110.0385pay 0.0192% / 4h7m 05s$85K$212K20x
ShortOrderly PERP_NATGAS_USDC_mythos3.00000.0100get 0.0100% / 8h7m 05s$3K$54410x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against edgeX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$59.82
Price spread: −0.037% → 0.000%
−$3.74
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$78.56
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: edgeX: live order book, 30 min ago; Orderly: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 30 min ago13.31 bp33.6 bp −$3443.3 bp −$433doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

NATGAS on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff NATGAS-PERP−0.0032%1h3.0041+0.099%$35K20xas long as short
gTrade (Gains Network) NATGAS/USDL 0.0000% / S 0.0000%1h2.8396−5.382%as long as short
SunX NATGAS-USDT0.0000%4h3.0052+0.136%$2K$2.4M20xas long as short
HTX NATGAS-USDT0.0000%4h3.0051+0.133%$119K$221K75xas long as short
QFEX NATGAS-USD+0.0004%1h3.0040+0.096%$659K$96K20xas long as short
Lighter NATGAS+0.0032%1h3.0041+0.099%$631K$495K10xas long as short
Extended XNG-USD+0.0032%1h3.0032+0.070%$109K$273K5xas long as short
GRVT NATGAS_USDT_Perp+0.0044%4h3.0005−0.020%$15K$222K25xas long as short
Vest NG-PERP+0.0046%1h3.0050+0.129%$14K10xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h3.0033+0.073%$6.0M$5.3M10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps NATGAS-USD.P+0.0050%1h3.0003−0.027%$82K$26K10xas long as short
Paradex NG-USD-PERP+0.0051%8h3.0047+0.119%$5K5xas long as short
Pacifica NATGAS+0.0100%1h3.0035+0.079%$69K$32K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.037%$37K$215K50xas long as short
Orderly PERP_NATGAS_USDC_mythosshort+0.0100%8h3.0000−0.037%$3K$54410x
Phemex NGUSDT+0.0100%4h3.0030+0.063%$1.5M$90K10xas long as short
KuCoin NATGASUSDTM+0.0142%4h3.0030+0.063%$1.0M$865K20xas long as short
Aster NATGASUSDT+0.0151%4h3.0040+0.096%$264K$69K50xas long as short
Variational Omni NATGAS+0.0349%4h3.00110.000%$318K$390Kas long as short
Binance NATGASUSDT+0.0366%4h3.0030+0.063%$10.4M$28.6M100xas long as short
edgeX NATGASUSDClong+0.0385%4h3.0011long leg$85K$212K20x
BloFin NG-USDT+0.0536%8h3.0000−0.037%$80K$198K20xas long as short
OKX NG-USDT-SWAP+0.0553%8h3.0020+0.029%$802K$1.8M50xas long as short
Gate NG_USDT+0.0571%8h3.0060+0.163%$1.5M$197K100xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0591% / S −0.0606%1h3.0035+0.079%$88K45xas long as short
Bitget NATGASUSDT+0.0826%4h3.0000−0.037%$9.9M$3.0M100xas long as short
Kraken Futures PF_NATGASUSD+0.0861%1h3.0055+0.145%$56K$35K20xas long as short