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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0187%/8h= +20.5% APRpaid last 24h +0.072%
Price spread now: Aster against gTrade (Gains Network)+5.748%7-day average · 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 1 day (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Aster is 5.748% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$575 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) NATGAS/USD2.8381L 0.0000% / S 0.0000%get 0.0000% / 1h34m 09s
ShortAster NATGASUSDT3.00120.0187get 0.0094% / 4h2h 34m$265K$73K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against gTrade (Gains Network). 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
$39.34
Price spread: +5.748% → 0.000%
$574.78
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
$596.12
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; Aster: live order book, 33 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 gTrade (Gains Network) no order-book sample
Sell Aster live order book, 33 min ago6.66 bp13.8 bp −$1416.0 bp −$160doesn't fitdoesn't fit
gTrade (Gains Network): 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 26 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
gTrade (Gains Network) NATGAS/USDlongL 0.0000% / S 0.0000%1h2.8381long leg
SunX NATGAS-USDT0.0000%4h3.0062+5.923%$2K$2.5M20xas long as short
QFEX NATGAS-USD+0.0019%1h3.0030+5.810%$658K$86K20xas long as short
Hotstuff NATGAS-PERP+0.0024%1h3.0032+5.817%$35K20xas long as short
Vest NG-PERP+0.0046%1h3.0020+5.775%$37810xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h3.0010+5.740%$5.9M$5.9M10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0061+5.919%$82K$27K10xas long as short
Paradex NG-USD-PERP+0.0074%8h3.0066+5.937%$5K5xas long as short
Lighter NATGAS+0.0080%1h3.0026+5.796%$618K$445K10xas long as short
Extended XNG-USD+0.0096%1h3.0003+5.715%$110K$450K5xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NATGAS+0.0100%1h3.0028+5.803%$68K$33K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0000+5.705%$37K$217K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000+5.705%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0030+5.810%$1.5M$95K10xas long as short
KuCoin NATGASUSDTM+0.0102%4h3.0020+5.775%$1.0M$1.1M20xas long as short
Aster NATGASUSDTshort+0.0187%4h3.0012+5.748%$265K$73K50x
HTX NATGAS-USDT+0.0280%4h3.0039+5.842%$98K$213K75xas long as short
Variational Omni NATGAS+0.0316%4h3.0040+5.847%$312K$443Kas long as short
OKX NG-USDT-SWAP+0.0333%8h3.0020+5.775%$868K$1.7M50xas long as short
edgeX NATGASUSDC+0.0364%4h3.0040+5.845%$85K$212K20xas long as short
Binance NATGASUSDT+0.0390%4h3.0030+5.810%$10.1M$29.1M100xas long as short
GRVT NATGAS_USDT_Perp+0.0406%4h3.0040+5.844%$12K$214K25xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0419% / S −0.0355%1h3.0025+5.793%$92K45xas long as short
Gate NG_USDT+0.0426%8h3.0050+5.881%$1.5M$219K100xas long as short
Bitget NATGASUSDT+0.0620%4h3.0000+5.705%$9.9M$3.5M100xas long as short
Kraken Futures PF_NATGASUSD+0.0825%1h3.0047+5.869%$54K$37K20xas long as short