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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0371%/8h= −40.6% APRpaid last 24h −0.087%
Price spread now: Aster against GMX−0.001%241s7-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 airdropAster: Stage 5 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$11 a day on $10k at the current rate. The two prices were read 241 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX NATGAS/USD [ETH-USDC]2.9945L +0.0586% / S −0.0602%pay 0.0073% / 1h57m 24s$88K45x
ShortAster NATGASUSDT2.99450.0215get 0.0108% / 4h2h 57m$264K$68K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against GMX. 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
−$77.89
Price spread: −0.001% → 0.000%
−$0.07
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$97.96
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Aster: live order book, 34 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 GMX no order-book sample
Sell Aster live order book, 34 min ago4.99 bp15.2 bp −$1519.4 bp −$194doesn't fitdoesn't fit
GMX: 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/USDL 0.0000% / S 0.0000%1h2.8324−5.413%as long as short
SunX NATGAS-USDT0.0000%4h2.9981+0.120%$2K$2.1M20xas long as short
QFEX NATGAS-USD+0.0024%1h2.9970+0.083%$660K$98K20xas long as short
Lighter NATGAS+0.0032%1h2.9968+0.077%$632K$481K10xas long as short
Extended XNG-USD+0.0032%1h2.9959+0.046%$112K$259K5xas long as short
Vest NG-PERP+0.0046%1h2.9970+0.083%$14K10xas long as short
Hotstuff NATGAS-PERP+0.0048%1h2.9973+0.094%$35K20xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h2.9957+0.040%$6.0M$5.6M10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h2.9973+0.094%$84K$28K10xas long as short
HTX NATGAS-USDT+0.0063%4h2.9946+0.003%$118K$221K75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex NG-USD-PERP+0.0076%8h2.9975+0.101%$5K5xas long as short
Pacifica NATGAS+0.0100%1h2.9956+0.037%$70K$33K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h2.9900−0.150%$36K$214K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h2.9900−0.150%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h2.9950+0.017%$1.5M$92K10xas long as short
Aster NATGASUSDTshort+0.0215%4h2.9945−0.001%$264K$68K50x
KuCoin NATGASUSDTM+0.0228%4h2.9960+0.050%$1.1M$851K20xas long as short
Gate NG_USDT+0.0247%8h2.9990+0.150%$1.5M$198K100xas long as short
GRVT NATGAS_USDT_Perp+0.0282%4h2.9946+0.005%$20K$205K25xas long as short
Kraken Futures PF_NATGASUSD+0.0298%1h2.9959+0.048%$53K$45K20xas long as short
Variational Omni NATGAS+0.0405%4h2.9949+0.015%$355K$429Kas long as short
Binance NATGASUSDT+0.0408%4h2.9960+0.050%$9.8M$31.5M100xas long as short
edgeX NATGASUSDC+0.0438%4h2.9959+0.048%$85K$211K20xas long as short
OKX NG-USDT-SWAP+0.0490%8h2.9940−0.017%$812K$1.9M50xas long as short
BloFin NG-USDT+0.0502%8h2.9950+0.017%$77K$197K20xas long as short
GMX NATGAS/USD [ETH-USDC]longL +0.0586% / S −0.0602%1h2.9945long leg$88K45x
Bitget NATGASUSDT+0.0856%4h2.9940−0.017%$9.9M$3.0M100xas long as short