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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.030%
Price spread now: Pacifica against gTrade (Gains Network)+5.676%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 airdropPacifica: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Pacifica is 5.676% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$568 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/USD2.8346L 0.0000% / S 0.0000%get 0.0000% / 1h15m 07s
ShortPacifica NATGAS2.99550.0100get 0.0013% / 1h15m 07s$68K$39K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$21
Price spread: +5.676% → 0.000%
$567.55
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$570.55
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; Pacifica: 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 gTrade (Gains Network) no order-book sample
Sell Pacifica no order-book sample
gTrade (Gains Network) and Pacifica: 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 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−0.0032%1h2.9968+5.722%$35K20xas long as short
GRVT NATGAS_USDT_Perp0.0000%4h2.9960+5.695%$20K$208K25xas long as short
gTrade (Gains Network) NATGAS/USDlongL 0.0000% / S 0.0000%1h2.8346long leg
SunX NATGAS-USDT0.0000%4h2.9981+5.768%$2K$1.8M20xas long as short
HTX NATGAS-USDT0.0000%4h2.9979+5.761%$118K$221K75xas long as short
QFEX NATGAS-USD+0.0024%1h2.9970+5.729%$660K$98K20xas long as short
Lighter NATGAS+0.0032%1h2.9976+5.750%$681K$756K10xas long as short
Extended XNG-USD+0.0032%1h2.9976+5.751%$141K$361K5xas long as short
Vest NG-PERP+0.0046%1h2.9990+5.800%$14K10xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h2.9978+5.757%$6.0M$5.7M10xas long as short
Show all 27 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps NATGAS-USD.P+0.0050%1h2.9955+5.676%$84K$28K10xas long as short
Paradex NG-USD-PERP+0.0053%8h2.9973+5.738%$5K5xas long as short
Aster NATGASUSDT+0.0060%4h2.9998+5.829%$259K$74K50xas long as short
Pacifica NATGASshort+0.0100%1h2.9955+5.676%$68K$39K10x
ApeX Omni NATGASUSDT+0.0100%1h3.0000+5.835%$37K$214K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000+5.835%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h2.9970+5.729%$1.5M$92K10xas long as short
KuCoin NATGASUSDTM+0.0184%4h2.9970+5.729%$1.1M$819K20xas long as short
Variational Omni NATGAS+0.0199%4h2.9959+5.689%$355K$429Kas long as short
Binance NATGASUSDT+0.0247%4h2.9970+5.729%$9.7M$31.6M100xas long as short
Gate NG_USDT+0.0271%8h3.0010+5.870%$1.5M$205K100xas long as short
edgeX NATGASUSDC+0.0275%4h2.9970+5.729%$85K$212K20xas long as short
Kraken Futures PF_NATGASUSD+0.0298%1h2.9975+5.746%$54K$46K20xas long as short
BloFin NG-USDT+0.0405%8h2.9980+5.764%$78K$198K20xas long as short
OKX NG-USDT-SWAP+0.0410%8h2.9970+5.729%$838K$2.0M50xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0538% / S −0.0542%1h2.9965+5.712%$88K45xas long as short
Bitget NATGASUSDT+0.0770%4h2.9940+5.623%$9.9M$2.9M100xas long as short