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+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h +0.022%
Price spread now: Extended against gTrade (Gains Network)+5.635%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 airdropExtended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Extended is 5.635% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$563 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/USD2.8434L 0.0000% / S 0.0000%get 0.0000% / 1h57m 28s
ShortExtended XNG-USD3.00360.0032get 0.0004% / 1h57m 28s$111K$283K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$6.72
Price spread: +5.635% → 0.000%
$563.45
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$555.17
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; Extended: live order book, 45 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 Extended live order book, 45 min ago1.00 bp3.6 bp −$48.9 bp −$89doesn'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 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
gTrade (Gains Network) NATGAS/USDlongL 0.0000% / S 0.0000%1h2.8434long leg
SunX NATGAS-USDT0.0000%4h3.0102+5.866%$2K$2.4M20xas long as short
QFEX NATGAS-USD+0.0004%1h3.0040+5.648%$659K$96K20xas long as short
Lighter NATGAS+0.0032%1h3.0046+5.669%$629K$487K10xas long as short
Extended XNG-USDshort+0.0032%1h3.0036+5.635%$111K$283K5x
HTX NATGAS-USDT+0.0044%4h3.0063+5.729%$117K$218K75xas long as short
Vest NG-PERP+0.0046%1h3.0050+5.683%$14K10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0059+5.715%$83K$26K10xas long as short
Paradex NG-USD-PERP+0.0053%8h3.0059+5.714%$5K5xas long as short
tradeXYZ xyz:NATGAS+0.0070%1h3.0046+5.669%$6.0M$5.3M10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NATGAS+0.0100%1h3.0040+5.648%$68K$30K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0000+5.507%$37K$216K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000+5.507%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0060+5.719%$1.5M$92K10xas long as short
GRVT NATGAS_USDT_Perp+0.0132%4h3.0054+5.697%$15K$222K25xas long as short
KuCoin NATGASUSDTM+0.0204%4h3.0050+5.683%$1.0M$897K20xas long as short
Hotstuff NATGAS-PERP+0.0216%1h3.0059+5.715%$35K20xas long as short
Aster NATGASUSDT+0.0247%4h3.0070+5.753%$265K$68K50xas long as short
Variational Omni NATGAS+0.0472%4h3.0060+5.718%$318K$393Kas long as short
Binance NATGASUSDT+0.0491%4h3.0050+5.683%$10.3M$28.5M100xas long as short
edgeX NATGASUSDC+0.0510%4h3.0070+5.755%$85K$213K20xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0568% / S −0.0579%1h3.0055+5.701%$88K45xas long as short
Gate NG_USDT+0.0584%8h3.0070+5.754%$1.5M$195K100xas long as short
BloFin NG-USDT+0.0633%8h3.0050+5.683%$83K$198K20xas long as short
OKX NG-USDT-SWAP+0.0655%8h3.0050+5.683%$876K$1.7M50xas long as short
Kraken Futures PF_NATGASUSD+0.0861%1h3.0069+5.751%$56K$36K20xas long as short
Bitget NATGASUSDT+0.0916%4h3.0010+5.543%$9.9M$3.1M100xas long as short