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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0386%/8h= +42.3% APRpaid last 24h +0.072%
Price spread now: KuCoin against gTrade (Gains Network)+5.541%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 feesneeds both histories
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and KuCoin is 5.541% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$554 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/USD2.8425L 0.0000% / S 0.0000%get 0.0000% / 1h0m 36s
ShortKuCoin NATGASUSDTM3.00000.0386get 0.0193% / 4h1h 00m$1.1M$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$81.06
Price spread: +5.541% → 0.000%
$554.09
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$613.15
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; KuCoin: live order book, 4 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 KuCoin live order book, 4 min ago1.67 bp22.4 bp −$22538.8 bp −$5,388doesn'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%1h2.8425long leg
SunX NATGAS-USDT0.0000%4h3.0032+5.653%$2K$2.4M20xas long as short
QFEX NATGAS-USD+0.0019%1h3.0000+5.541%$658K$85K20xas long as short
Lighter NATGAS+0.0032%1h2.9998+5.534%$618K$495K10xas long as short
Hotstuff NATGAS-PERP+0.0032%1h3.0008+5.569%$35K20xas long as short
Vest NG-PERP+0.0046%1h3.0010+5.576%$37810xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0028+5.639%$82K$26K10xas long as short
Paradex NG-USD-PERP+0.0060%8h3.0016+5.598%$5K5xas long as short
tradeXYZ xyz:NATGAS+0.0093%1h3.0008+5.569%$6.0M$5.9M10xas long as short
Pacifica NATGAS+0.0100%1h2.9978+5.464%$68K$33K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni NATGASUSDT+0.0100%1h3.0000+5.541%$37K$214K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000+5.541%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0000+5.541%$1.5M$95K10xas long as short
Extended XNG-USD+0.0128%1h2.9991+5.510%$110K$445K5xas long as short
HTX NATGAS-USDT+0.0239%4h3.0030+5.646%$105K$216K75xas long as short
GRVT NATGAS_USDT_Perp+0.0382%4h3.0002+5.549%$25K$227K25xas long as short
KuCoin NATGASUSDTMshort+0.0386%4h3.0000+5.541%$1.1M$1.1M20x
Aster NATGASUSDT+0.0410%4h3.0000+5.540%$265K$73K50xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0442% / S −0.0381%1h3.0015+5.594%$92K45xas long as short
Gate NG_USDT+0.0460%8h3.0040+5.682%$1.5M$211K100xas long as short
OKX NG-USDT-SWAP+0.0480%8h3.0000+5.541%$853K$1.7M50xas long as short
BloFin NG-USDT+0.0481%8h3.0000+5.541%$80K$188K20xas long as short
Variational Omni NATGAS+0.0595%4h3.0009+5.572%$311K$444Kas long as short
edgeX NATGASUSDC+0.0617%4h2.9999+5.538%$85K$213K20xas long as short
Binance NATGASUSDT+0.0623%4h3.0010+5.576%$10.2M$28.9M100xas long as short
Bitget NATGASUSDT+0.0996%4h2.9980+5.471%$9.9M$3.4M100xas long as short
Kraken Futures PF_NATGASUSD+0.1109%1h3.0025+5.630%$53K$34K20xas long as short