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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0166%/8h= −18.2% APRnext payment $0.83 per $10,000 · paid last 24h −0.122%
Price spread now: SunX against edgeX+0.095%7-day average +0.061% · you sell dearer than you buy
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 7 days−0.404%−$40 on $10k
Price spread, last 4 days (all we have)−0.037%−$4 · spread now +0.095%, 7d avg +0.061%
Together, before fees−0.441%+ Points / potential airdropedgeX: Active · farm board−$44 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.033% dearer against edgeX than usual: you sell high and buy low (spread +0.095% now, against its 7-day average of +0.061%): +$3 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 16 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX NATGASUSDC3.00240.0166pay 0.0083% / 4h1h 43m$85K$212K20x
ShortSunX NATGAS-USDT3.00520get 0.0000% / 4h1h 43m$2K$1.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$34.94
Price spread: +0.095% → +0.061%
$3.33
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee SunX: 4 bp × 2 orders
−$8
Net
−$48.61
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: edgeX: live order book, 2 min ago; SunX: live order book, 6 min ago. 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, 2 min ago13.33 bp33.9 bp −$3442.6 bp −$426doesn't fitdoesn't fit
Sell SunX live order book, 6 min ago500.33 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

NATGAS on 27 exchanges

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−0.1600%1h3.0017−0.022%$35K20xas long as short
Kraken Futures PF_NATGASUSD−0.0077%1h3.0032+0.028%$54K$46K20xas long as short
QFEX NATGAS-USD−0.0004%1h3.0020−0.012%$661K$99K20xas long as short
Aster NATGASUSDT0.0000%4h3.0002−0.073%$258K$74K50xas long as short
GRVT NATGAS_USDT_Perp0.0000%4h3.0034+0.034%$19K$200K25xas long as short
gTrade (Gains Network) NATGAS/USDL 0.0000% / S 0.0000%1h2.8355−5.557%as long as short
SunX NATGAS-USDTshort0.0000%4h3.0052+0.095%$2K$1.7M20x
HTX NATGAS-USDT0.0000%4h3.0050+0.088%$118K$220K75xas long as short
Lighter NATGAS+0.0032%1h3.0022−0.005%$649K$793K10xas long as short
Extended XNG-USD+0.0032%1h3.0018−0.019%$122K$368K5xas long as short
Show all 27 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest NG-PERP+0.0046%1h3.0030+0.021%$14K10xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h3.0022−0.005%$6.0M$4.9M10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0013−0.035%$84K$28K10xas long as short
Paradex NG-USD-PERP+0.0051%8h3.0025+0.006%$5K5xas long as short
Variational Omni NATGAS+0.0088%4h3.0027+0.013%$356K$426Kas long as short
Pacifica NATGAS+0.0100%1h3.0000−0.078%$68K$39K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.078%$37K$215K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.078%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0030+0.021%$1.5M$93K10xas long as short
KuCoin NATGASUSDTM+0.0130%4h3.0000−0.078%$1.1M$797K20xas long as short
edgeX NATGASUSDClong+0.0166%4h3.0024long leg$85K$212K20x
Binance NATGASUSDT+0.0169%4h3.0030+0.021%$10.0M$32.7M100xas long as short
Gate NG_USDT+0.0270%8h3.0050+0.088%$1.5M$200K100xas long as short
OKX NG-USDT-SWAP+0.0346%8h3.0010−0.045%$833K$2.0M50xas long as short
BloFin NG-USDT+0.0371%8h3.0000−0.078%$80K$201K20xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0493% / S −0.0486%1h3.0035+0.038%$88K45xas long as short
Bitget NATGASUSDT+0.0710%4h3.0000−0.078%$9.9M$2.9M100xas long as short