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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0354%/8h= −38.8% APRpaid last 24h −0.140%
Price spread now: BloFin against Kraken Futures−0.017%57s7-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−0.318%−$32 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds 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 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_NATGASUSD3.00850.0986pay 0.0123% / 1h38m 16s$56K$35K20x
ShortBloFin NG-USDT3.00800.0632get 0.0632% / 8h1h 38m$82K$195K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Kraken Futures. 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
−$74.36
Price spread: −0.017% → 0.000%
−$1.74
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$98.1
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Kraken Futures: no order-book sample; BloFin: live order book, 37 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 Kraken Futures no order-book sample
Sell BloFin live order book, 37 min ago3.33 bp12.2 bp −$1213.7 bp −$137doesn't fitdoesn't fit
Kraken Futures: 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 26 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
SunX NATGAS-USDT0.0000%4h3.0092+0.022%$2K$2.4M20xas long as short
QFEX NATGAS-USD+0.0002%1h3.0060−0.084%$660K$96K20xas long as short
Lighter NATGAS+0.0032%1h3.0069−0.054%$629K$502K10xas long as short
Extended XNG-USD+0.0032%1h3.0059−0.087%$111K$281K5xas long as short
HTX NATGAS-USDT+0.0040%4h3.0084−0.004%$107K$205K75xas long as short
Vest NG-PERP+0.0046%1h3.0070−0.051%$14K10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0089+0.013%$83K$26K10xas long as short
Hotstuff NATGAS-PERP+0.0056%1h3.0068−0.057%$35K20xas long as short
Paradex NG-USD-PERP+0.0057%8h3.0083−0.008%$5K5xas long as short
tradeXYZ xyz:NATGAS+0.0068%1h3.0068−0.057%$6.0M$5.5M10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NATGAS+0.0100%1h3.0050−0.117%$68K$33K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0100+0.049%$37K$217K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0100+0.049%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0070−0.051%$1.5M$93K10xas long as short
GRVT NATGAS_USDT_Perp+0.0134%4h3.0063−0.074%$22K$210K25xas long as short
KuCoin NATGASUSDTM+0.0278%4h3.0060−0.084%$1.0M$927K20xas long as short
Aster NATGASUSDT+0.0290%4h3.0095+0.032%$265K$70K50xas long as short
Variational Omni NATGAS+0.0512%4h3.0070−0.051%$317K$432Kas long as short
Binance NATGASUSDT+0.0533%4h3.0075−0.034%$10.3M$28.6M100xas long as short
edgeX NATGASUSDC+0.0535%4h3.0067−0.060%$85K$212K20xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0547% / S −0.0552%1h3.0075−0.034%$88K45xas long as short
BloFin NG-USDTshort+0.0632%8h3.0080−0.017%$82K$195K20x
Gate NG_USDT+0.0634%8h3.0100+0.049%$1.5M$196K100xas long as short
OKX NG-USDT-SWAP+0.0652%8h3.0080−0.017%$876K$1.8M50xas long as short
Bitget NATGASUSDT+0.0958%4h3.0050−0.117%$9.9M$3.1M100xas long as short
Kraken Futures PF_NATGASUSDlong+0.0986%1h3.0085long leg$56K$35K20x