NATGAS

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0306%/8h= −33.5% APRnext payment −$0.38 per $10,000 · paid last 24h −0.121%

Price spread now: Pacifica against GMX−0.033%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on GMX Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropPacifica: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Pacifica is 0.033% cheaper against GMX than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX NATGAS/USD [ETH-USDC]	2.9985	L +0.0406% / S −0.0333%	pay 0.0051% / 1h	48m 15s	$93K	—	45x
Short	Pacifica NATGAS	2.9975	0.0100	get 0.0013% / 1h	48m 15s	$68K	$33K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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

Position, each leg$Hold fordaysFee GMXbpFee PacificabpOrdersPrice spread, now −0.033%Rate

Funding earned: −$64.27
Price spread: −0.033% → 0.000%: −$3.34
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$87.6
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: GMX: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy GMX no order-book sample	—	—	—	—	—
Sell Pacifica no order-book sample	—	—	—	—	—

GMX 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 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) NATGAS/USD	L 0.0000% / S 0.0000%	1h	2.8336	−5.499%	—	—	—	as long as short
SunX NATGAS-USDT	0.0000%	4h	3.0002	+0.057%	$2K	$2.6M	20x	as long as short
QFEX NATGAS-USD	+0.0015%	1h	2.9970	−0.050%	$658K	$85K	20x	as long as short
Lighter NATGAS	+0.0032%	1h	2.9992	+0.023%	$616K	$412K	10x	as long as short
Extended XNG-USD	+0.0032%	1h	2.9966	−0.062%	$110K	$451K	5x	as long as short
Hotstuff NATGAS-PERP	+0.0032%	1h	2.9970	−0.050%	$35K	—	20x	as long as short
Aster NATGASUSDT	+0.0041%	4h	2.9960	−0.083%	$265K	$73K	50x	as long as short
Vest NG-PERP	+0.0046%	1h	2.9970	−0.050%	—	$378	10x	as long as short
tradeXYZ xyz:NATGAS	+0.0050%	1h	2.9970	−0.050%	$5.9M	$6.0M	10x	as long as short
Ondo Perps NATGAS-USD.P	+0.0050%	1h	3.0001	+0.053%	$84K	$36K	10x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex NG-USD-PERP	+0.0059%	8h	2.9988	+0.011%	$5K	—	5x	as long as short
Variational Omni NATGAS	+0.0074%	4h	2.9980	−0.015%	$311K	$443K	—	as long as short
Pacifica NATGASshort	+0.0100%	1h	2.9975	−0.033%	$68K	$33K	10x
KuCoin NATGASUSDTM	+0.0100%	4h	2.9970	−0.050%	$1.0M	$1.2M	20x	as long as short
ApeX Omni NATGASUSDT	+0.0100%	1h	2.9900	−0.283%	$36K	$217K	50x	as long as short
Orderly PERP_NATGAS_USDC_mythos	+0.0100%	8h	3.0000	+0.050%	$3K	$544	10x	as long as short
Phemex NGUSDT	+0.0100%	4h	2.9980	−0.017%	$1.5M	$95K	10x	as long as short
BloFin NG-USDT	+0.0127%	8h	2.9980	−0.017%	$80K	$189K	20x	as long as short
OKX NG-USDT-SWAP	+0.0159%	8h	2.9970	−0.050%	$857K	$1.7M	50x	as long as short
edgeX NATGASUSDC	+0.0179%	4h	2.9978	−0.023%	$85K	$212K	20x	as long as short
Binance NATGASUSDT	+0.0190%	4h	2.9988	+0.009%	$10.1M	$29.5M	100x	as long as short
Bitget NATGASUSDT	+0.0226%	4h	2.9950	−0.117%	$10.0M	$3.5M	100x	as long as short
HTX NATGAS-USDT	+0.0268%	4h	3.0002	+0.057%	$98K	$211K	75x	as long as short
GRVT NATGAS_USDT_Perp	+0.0296%	4h	2.9972	−0.042%	$25K	$214K	25x	as long as short
GMX NATGAS/USD [ETH-USDC]long	L +0.0406% / S −0.0333%	1h	2.9985	long leg	$93K	—	45x
Gate NG_USDT	+0.0437%	8h	3.0000	+0.050%	$1.5M	$254K	100x	as long as short
Kraken Futures PF_NATGASUSD	+0.1002%	1h	2.9990	+0.018%	$52K	$39K	20x	as long as short