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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0826%/8h= −90.4% APRpaid last 24h −0.191%
Price spread now: SunX against Kraken Futures+0.014%7-day average · you sell dearer than you buy
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−0.687%−$69 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: −$25 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_NATGASUSD3.00070.0826pay 0.0103% / 1h13m 10s$53K$38K20x
ShortSunX NATGAS-USDT3.00110get 0.0000% / 4h2h 13m$2K$2.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$173.43
Price spread: +0.014% → 0.000%
$1.37
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$190.06
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Kraken Futures: no order-book sample; SunX: live order book, 4 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 SunX live order book, 4 min ago14.98 bp27.7 bp −$28doesn't fitdoesn'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
gTrade (Gains Network) NATGAS/USDL 0.0000% / S 0.0000%1h2.8359−5.492%as long as short
SunX NATGAS-USDTshort0.0000%4h3.0011+0.014%$2K$2.5M20x
Hotstuff NATGAS-PERP+0.0008%1h2.9987−0.066%$35K20xas long as short
QFEX NATGAS-USD+0.0019%1h2.9990−0.056%$658K$86K20xas long as short
Lighter NATGAS+0.0032%1h3.0001−0.020%$618K$445K10xas long as short
Vest NG-PERP+0.0046%1h2.9990−0.056%$37810xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h2.9987−0.066%$5.9M$5.9M10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0030+0.077%$82K$27K10xas long as short
Paradex NG-USD-PERP+0.0072%8h2.9999−0.026%$5K5xas long as short
Extended XNG-USD+0.0072%1h2.9977−0.101%$110K$449K5xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NATGAS+0.0100%1h2.9993−0.046%$68K$33K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.023%$37K$218K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.023%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0000−0.023%$1.5M$95K10xas long as short
KuCoin NATGASUSDTM+0.0172%4h2.9990−0.056%$1.0M$1.1M20xas long as short
Aster NATGASUSDT+0.0238%4h2.9985−0.074%$265K$73K50xas long as short
HTX NATGAS-USDT+0.0247%4h3.0005−0.006%$98K$212K75xas long as short
OKX NG-USDT-SWAP+0.0355%8h3.0000−0.023%$860K$1.7M50xas long as short
Variational Omni NATGAS+0.0384%4h3.0009+0.009%$311K$444Kas long as short
GRVT NATGAS_USDT_Perp+0.0416%4h3.0019+0.039%$12K$214K25xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0423% / S −0.0360%1h2.9995−0.040%$92K45xas long as short
Gate NG_USDT+0.0431%8h3.0020+0.044%$1.5M$219K100xas long as short
edgeX NATGASUSDC+0.0440%4h3.0009+0.009%$85K$213K20xas long as short
Binance NATGASUSDT+0.0450%4h2.9994−0.042%$10.2M$29.1M100xas long as short
Bitget NATGASUSDT+0.0702%4h2.9980−0.090%$9.9M$3.4M100xas long as short
Kraken Futures PF_NATGASUSDlong+0.0826%1h3.0007long leg$53K$38K20x