After costs, if the gap returns to its 7d average, $10k−$45
spread now−0.033%7d average−0.106%fees + slippage, in and out−$52spread needed0.519%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NG_USDT | 3.0120 | 0.0355 | pay 0.0355% / 8h | 6h 01m | $1.5M | $375K | 100x |
| Short | tradeXYZ xyz:NATGAS | 3.0110 | 0.0050 | get 0.0006% / 1h | 1m 13s | $5.7M | $6.0M | 10x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$3.32
- Funding while held
- −$9.15
- Slippage, 4 orders
- −$18.9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$64.37
- Spread needed to break even
- 0.519%
Slippage from Gate: live order book, 3 min ago; tradeXYZ: live order book, 9 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0305%
- Per $10,000 a day
- −$9.15
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 3 min ago | 1.66 bp | 17.6 bp −$18 | 59.0 bp −$590 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 9 min ago | 0.67 bp | 11.4 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
NATGAS price on every exchange
against the cheapest. Click to use as the short leg.NATGAS on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) NATGAS/USD | −5.478% | L 0.0000% / S 0.0000% | 1h | — | — | — | as long as short |
| Vest NG-PERP | −5.445% | +0.0046% | 1h | — | $378 | 10x | as long as short |
| Bitget NATGASUSDT | −0.166% | +0.0708% | 4h | $10.0M | $4.1M | 100x | as long as short |
| OKX NG-USDT-SWAP | −0.133% | +0.0250% | 8h | $896K | $1.7M | 50x | as long as short |
| Variational Omni NATGAS | −0.108% | +0.0140% | 4h | $663K | $149K | — | as long as short |
| Pacifica NATGAS | −0.107% | +0.0100% | 1h | $82K | $21K | 10x | as long as short |
| KuCoin NATGASUSDTM | −0.100% | +0.0100% | 4h | $1.0M | $1.0M | 20x | as long as short |
| Phemex NGUSDT | −0.100% | +0.0100% | 4h | $1.5M | $92K | 10x | as long as short |
| BloFin NG-USDT | −0.100% | +0.0245% | 8h | $86K | $190K | 20x | as long as short |
| HTX NATGAS-USDT | −0.096% | 0.0000% | 4h | $98K | $223K | 75x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX NATGASUSDC | −0.095% | +0.0192% | 4h | $85K | $214K | 20x | as long as short |
| Binance NATGASUSDT | −0.066% | +0.0177% | 4h | $10.1M | $30.0M | 100x | as long as short |
| QFEX NATGAS-USD | −0.066% | +0.0003% | 1h | $661K | $142K | 20x | as long as short |
| ApeX Omni NATGASUSDT | −0.066% | +0.0100% | 1h | $37K | $215K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | −0.066% | +0.0100% | 8h | $3K | $278 | 10x | as long as short |
| Hotstuff NATGAS-PERP | −0.053% | +0.0160% | 1h | $35K | — | 20x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | −0.050% | L +0.0413% / S −0.0333% | 1h | $94K | — | 45x | as long as short |
| Extended XNG-USD | −0.037% | +0.0032% | 1h | $109K | $1.4M | 5x | as long as short |
| tradeXYZ xyz:NATGASshort | −0.033% | +0.0050% | 1h | $5.7M | $6.0M | 10x | |
| Lighter NATGAS | −0.033% | +0.0032% | 1h | $622K | $406K | 10x | as long as short |
| Aster NATGASUSDT | −0.033% | +0.0083% | 4h | $266K | $103K | 50x | as long as short |
| Kraken Futures PF_NATGASUSD | −0.028% | +0.0479% | 1h | $53K | $55K | 20x | as long as short |
| Ondo Perps NATGAS-USD.P | −0.023% | +0.0050% | 1h | $87K | $68K | 10x | as long as short |
| Paradex NG-USD-PERP | −0.003% | +0.0050% | 8h | $5K | — | 5x | as long as short |
| Gate NG_USDTlong | 0.000% | +0.0355% | 8h | $1.5M | $375K | 100x | |
| SunX NATGAS-USDT | +0.007% | 0.0000% | 4h | $2K | $2.6M | 20x | as long as short |
Gate NG_USDT
tradeXYZ xyz:NATGAS
gTrade (Gains Network)
Bitget
OKX
Variational Omni
Pacifica
KuCoin
Phemex
BloFin
HTX
Binance
ApeX Omni
GMX
Extended
Lighter
Aster
Kraken Futures
Paradex
SunX