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−0.1044%/8h= −114.3% APRpaid last 24h −0.180%
Price spread now: Paradex against Kraken Futures−0.015%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · 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: −$31 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_NATGASUSD3.00260.1109pay 0.0139% / 1h21m 36s$53K$34K20x
ShortParadex NG-USD-PERP3.00210.0065get 0.0065% / 8h5h 21m$5K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
−$219.19
Price spread: −0.015% → 0.000%
−$1.51
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$234.7
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Paradex: 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 Kraken Futures no order-book sample
Sell Paradex no order-book sample
Kraken Futures and Paradex: 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%1h2.8436−5.295%as long as short
SunX NATGAS-USDT0.0000%4h3.0032+0.021%$2K$2.4M20xas long as short
QFEX NATGAS-USD+0.0019%1h3.0010−0.052%$658K$85K20xas long as short
Lighter NATGAS+0.0032%1h3.0010−0.052%$618K$494K10xas long as short
Vest NG-PERP+0.0046%1h3.0020−0.019%$37810xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0038+0.041%$82K$26K10xas long as short
Paradex NG-USD-PERPshort+0.0065%8h3.0021−0.015%$5K5x
tradeXYZ xyz:NATGAS+0.0091%1h3.0005−0.069%$6.0M$5.9M10xas long as short
Pacifica NATGAS+0.0100%1h3.0004−0.072%$68K$33K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.086%$37K$215K50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.086%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0010−0.052%$1.5M$95K10xas long as short
Hotstuff NATGAS-PERP+0.0104%1h3.0008−0.059%$35K20xas long as short
Extended XNG-USD+0.0128%1h2.9996−0.098%$110K$444K5xas long as short
HTX NATGAS-USDT+0.0254%4h3.0042+0.054%$101K$213K75xas long as short
KuCoin NATGASUSDTM+0.0360%4h3.0010−0.052%$1.1M$1.1M20xas long as short
Aster NATGASUSDT+0.0384%4h3.0013−0.043%$265K$73K50xas long as short
GRVT NATGAS_USDT_Perp+0.0406%4h3.0022−0.013%$12K$214K25xas long as short
BloFin NG-USDT+0.0406%8h2.9990−0.119%$81K$188K20xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0435% / S −0.0373%1h3.0015−0.036%$92K45xas long as short
OKX NG-USDT-SWAP+0.0439%8h3.0020−0.019%$853K$1.7M50xas long as short
Gate NG_USDT+0.0453%8h3.0060+0.114%$1.5M$209K100xas long as short
Variational Omni NATGAS+0.0547%4h3.0019−0.023%$311K$444Kas long as short
Binance NATGASUSDT+0.0596%4h3.0010−0.052%$10.2M$28.9M100xas long as short
edgeX NATGASUSDC+0.0598%4h3.0019−0.024%$85K$212K20xas long as short
Bitget NATGASUSDT+0.0968%4h2.9980−0.152%$9.9M$3.4M100xas long as short
Kraken Futures PF_NATGASUSDlong+0.1109%1h3.0026long leg$53K$34K20x