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+0.0072%/8h= +7.9% APRpaid last 24h +0.016%
Price spread now: Paradex against gTrade (Gains Network)+5.784%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 airdropParadex: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Paradex is 5.784% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$578 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/USD2.8359L 0.0000% / S 0.0000%get 0.0000% / 1h13m 01s
ShortParadex NG-USD-PERP2.99990.0072get 0.0072% / 8h6h 13m$5K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
$15.07
Price spread: +5.784% → 0.000%
$578.37
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Paradex: 2 bp × 2 orders
−$4
Net
$579.43
Costs to cover
0.140%
Break-even
from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; Paradex: 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 Paradex no order-book sample
gTrade (Gains Network) and Paradex: 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%1h2.8359long leg
SunX NATGAS-USDT0.0000%4h3.0011+5.825%$2K$2.5M20xas long as short
Hotstuff NATGAS-PERP+0.0008%1h2.9987+5.741%$35K20xas long as short
QFEX NATGAS-USD+0.0019%1h2.9990+5.751%$658K$86K20xas long as short
Lighter NATGAS+0.0032%1h3.0001+5.790%$618K$445K10xas long as short
Vest NG-PERP+0.0046%1h2.9990+5.751%$37810xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h2.9983+5.727%$5.9M$5.9M10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0030+5.892%$82K$27K10xas long as short
Paradex NG-USD-PERPshort+0.0072%8h2.9999+5.784%$5K5x
Extended XNG-USD+0.0072%1h2.9976+5.703%$110K$449K5xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NATGAS+0.0100%1h2.9993+5.762%$68K$33K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0000+5.787%$37K$218K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000+5.787%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0000+5.787%$1.5M$95K10xas long as short
KuCoin NATGASUSDTM+0.0172%4h2.9990+5.751%$1.0M$1.1M20xas long as short
Aster NATGASUSDT+0.0238%4h2.9986+5.736%$265K$73K50xas long as short
HTX NATGAS-USDT+0.0247%4h3.0005+5.804%$98K$212K75xas long as short
OKX NG-USDT-SWAP+0.0355%8h3.0000+5.787%$860K$1.7M50xas long as short
Variational Omni NATGAS+0.0384%4h3.0009+5.820%$311K$444Kas long as short
GRVT NATGAS_USDT_Perp+0.0416%4h3.0019+5.852%$12K$214K25xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0423% / S −0.0360%1h2.9995+5.769%$92K45xas long as short
Gate NG_USDT+0.0431%8h3.0020+5.857%$1.5M$219K100xas long as short
edgeX NATGASUSDC+0.0440%4h3.0009+5.820%$85K$213K20xas long as short
Binance NATGASUSDT+0.0450%4h2.9990+5.751%$10.2M$29.1M100xas long as short
Bitget NATGASUSDT+0.0702%4h2.9980+5.716%$9.9M$3.4M100xas long as short
Kraken Futures PF_NATGASUSD+0.0826%1h3.0007+5.811%$53K$38K20xas long as short