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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0221%/8h= −24.2% APRnext payment $2.21 per $10,000 · paid last 24h −0.096%
Price spread now: Paradex against Gate−0.054%7-day average · you buy dearer than you sell
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 4 days (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 against this trade now: funding costs −$7 a day on $10k at the current rate, and Paradex is 0.054% cheaper against Gate than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate NG_USDT2.99900.0273pay 0.0273% / 8h6h 08m$1.5M$205K100x
ShortParadex NG-USD-PERP2.99740.0052get 0.0052% / 8h6h 08m$5K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Gate. 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
−$46.37
Price spread: −0.054% → 0.000%
−$5.4
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$70.77
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 2 min ago; 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 Gate live order book, 2 min ago1.67 bp19.8 bp −$2058.4 bp −$584doesn't fitdoesn't fit
Sell Paradex no order-book sample
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 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−0.0088%1h2.9988−0.007%$35K20xas long as short
GRVT NATGAS_USDT_Perp0.0000%4h2.9964−0.088%$20K$208K25xas long as short
gTrade (Gains Network) NATGAS/USDL 0.0000% / S 0.0000%1h2.8356−5.448%as long as short
SunX NATGAS-USDT0.0000%4h2.9982−0.027%$2K$1.8M20xas long as short
HTX NATGAS-USDT0.0000%4h2.9973−0.057%$118K$221K75xas long as short
QFEX NATGAS-USD+0.0024%1h2.9960−0.100%$660K$98K20xas long as short
Lighter NATGAS+0.0032%1h2.9975−0.050%$681K$758K10xas long as short
Extended XNG-USD+0.0032%1h2.9978−0.040%$141K$349K5xas long as short
Aster NATGASUSDT+0.0040%4h2.9991+0.004%$258K$74K50xas long as short
Vest NG-PERP+0.0046%1h2.99900.000%$14K10xas long as short
Show all 27 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NATGAS+0.0050%1h2.9975−0.050%$6.0M$4.9M10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h2.9954−0.120%$84K$28K10xas long as short
Paradex NG-USD-PERPshort+0.0052%8h2.9974−0.054%$5K5x
Pacifica NATGAS+0.0100%1h2.9960−0.099%$68K$39K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0000+0.033%$37K$214K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000+0.033%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h2.9960−0.100%$1.5M$92K10xas long as short
KuCoin NATGASUSDTM+0.0174%4h2.9970−0.067%$1.1M$815K20xas long as short
Variational Omni NATGAS+0.0176%4h2.9968−0.073%$355K$429Kas long as short
Binance NATGASUSDT+0.0216%4h2.9960−0.100%$9.7M$31.6M100xas long as short
edgeX NATGASUSDC+0.0247%4h2.9964−0.087%$85K$211K20xas long as short
Gate NG_USDTlong+0.0273%8h2.9990long leg$1.5M$205K100x
Kraken Futures PF_NATGASUSD+0.0298%1h2.9964−0.086%$54K$46K20xas long as short
OKX NG-USDT-SWAP+0.0396%8h2.9960−0.100%$835K$2.0M50xas long as short
BloFin NG-USDT+0.0415%8h2.9970−0.067%$77K$198K20xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0538% / S −0.0542%1h2.9965−0.083%$88K45xas long as short
Bitget NATGASUSDT+0.0748%4h2.9940−0.167%$9.9M$2.9M100xas long as short