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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0142%/8h= −15.5% APRpaid last 24h +0.007%
Price spread now: Pacifica against HTX−0.169%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 7 days+0.182%+$18 on $10k
Price spread, last 7 daysno 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 −$4 a day on $10k at the current rate, and Pacifica is 0.169% cheaper against HTX than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.182%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX NATGAS-USDT3.00200.0242pay 0.0121% / 4h1h 03m$105K$216K75x
ShortPacifica NATGAS2.99690.0100get 0.0013% / 1h3m 57s$68K$33K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against HTX. 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
−$29.72
Price spread: −0.169% → 0.000%
−$16.92
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$66.63
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: HTX: live order book, 57 min ago; 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
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 57 min ago4.16 bp10.2 bp −$1013.8 bp −$138doesn't fitdoesn't fit
Sell Pacifica no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) NATGAS/USDL 0.0000% / S 0.0000%1h2.8414−5.350%as long as short
SunX NATGAS-USDT0.0000%4h3.0022+0.007%$2K$2.4M20xas long as short
QFEX NATGAS-USD+0.0019%1h3.0000−0.067%$658K$85K20xas long as short
Lighter NATGAS+0.0032%1h2.9997−0.077%$618K$494K10xas long as short
Hotstuff NATGAS-PERP+0.0032%1h3.0003−0.057%$35K20xas long as short
Vest NG-PERP+0.0046%1h2.9990−0.100%$37810xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h2.9990−0.100%$82K$26K10xas long as short
Paradex NG-USD-PERP+0.0061%8h3.0011−0.029%$5K5xas long as short
tradeXYZ xyz:NATGAS+0.0092%1h3.0003−0.057%$6.0M$5.9M10xas long as short
Pacifica NATGASshort+0.0100%1h2.9969−0.169%$68K$33K10x
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.067%$37K$215K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.067%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0010−0.033%$1.5M$95K10xas long as short
Extended XNG-USD+0.0128%1h2.9986−0.112%$110K$445K5xas long as short
HTX NATGAS-USDTlong+0.0242%4h3.0020long leg$105K$216K75x
GRVT NATGAS_USDT_Perp+0.0384%4h3.0000−0.067%$25K$227K25xas long as short
KuCoin NATGASUSDTM+0.0386%4h2.9990−0.100%$1.1M$1.1M20xas long as short
Aster NATGASUSDT+0.0407%4h2.9991−0.096%$265K$73K50xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0442% / S −0.0381%1h3.0005−0.050%$92K45xas long as short
Gate NG_USDT+0.0459%8h3.0040+0.067%$1.5M$211K100xas long as short
BloFin NG-USDT+0.0465%8h3.0000−0.067%$81K$188K20xas long as short
OKX NG-USDT-SWAP+0.0475%8h2.9990−0.100%$852K$1.7M50xas long as short
Variational Omni NATGAS+0.0586%4h2.9999−0.069%$311K$444Kas long as short
edgeX NATGASUSDC+0.0612%4h2.9998−0.073%$85K$212K20xas long as short
Binance NATGASUSDT+0.0618%4h3.0007−0.042%$10.2M$28.9M100xas long as short
Bitget NATGASUSDT+0.0990%4h2.9970−0.167%$9.9M$3.4M100xas long as short
Kraken Futures PF_NATGASUSD+0.1110%1h3.0015−0.017%$53K$34K20xas long as short