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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.11 per $10,000 · paid last 24h +0.003%
Price spread now: Aster against KuCoin+0.056%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1231.235% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.112%−$11 on $10k
Price spread, last 4 days (all we have)+0.086%+$9 · spread now +0.056%, 7d avg +0.056%
Together, before fees−0.027%+ Points / potential airdropAster: Stage 5 · farm board−$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.056%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.112%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin NATGASUSDTM3.00600.0318pay 0.0159% / 4h2h 09m$1.0M$946K20x
ShortAster NATGASUSDT3.00770.0340get 0.0170% / 4h2h 09m$265K$75K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. 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
$4.65
Price spread: +0.056% → +0.056%
$0.03
Slippage, 4 orders
−$103.49
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$118.81
Costs to cover
1.235%
Break-even
186.0 days
Slippage from KuCoin: live order book, 5 min ago; Aster: live order book, 37 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 5 min ago1.66 bp16.6 bp −$17doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 37 min ago4.99 bp15.3 bp −$1515.6 bp −$156doesn't fitdoesn't fit

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%1h2.8471−5.286%as long as short
SunX NATGAS-USDT0.0000%4h3.0092+0.106%$2K$2.4M20xas long as short
Hotstuff NATGAS-PERP+0.0016%1h3.0073+0.043%$35K20xas long as short
Lighter NATGAS+0.0032%1h3.0068+0.027%$629K$504K10xas long as short
Extended XNG-USD+0.0032%1h3.0052−0.027%$110K$333K5xas long as short
QFEX NATGAS-USD+0.0033%1h3.0050−0.033%$660K$96K20xas long as short
Vest NG-PERP+0.0046%1h3.00600.000%$14K10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0049−0.037%$83K$26K10xas long as short
tradeXYZ xyz:NATGAS+0.0059%1h3.0073+0.043%$6.0M$5.5M10xas long as short
Paradex NG-USD-PERP+0.0063%8h3.0076+0.052%$5K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NATGAS+0.0100%1h3.0059−0.003%$68K$33K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.200%$37K$218K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.200%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0070+0.033%$1.5M$93K10xas long as short
HTX NATGAS-USDT+0.0139%4h3.0080+0.067%$107K$212K75xas long as short
GRVT NATGAS_USDT_Perp+0.0170%4h3.0052−0.026%$13K$212K25xas long as short
KuCoin NATGASUSDTMlong+0.0318%4h3.0060long leg$1.0M$946K20x
Aster NATGASUSDTshort+0.0340%4h3.0077+0.056%$265K$75K50x
GMX NATGAS/USD [ETH-USDC]L +0.0527% / S −0.0528%1h3.0075+0.050%$88K45xas long as short
Variational Omni NATGAS+0.0561%4h3.0060−0.001%$317K$432Kas long as short
Binance NATGASUSDT+0.0582%4h3.0061+0.003%$10.3M$28.5M100xas long as short
edgeX NATGASUSDC+0.0592%4h3.0060−0.001%$85K$212K20xas long as short
Gate NG_USDT+0.0611%8h3.0100+0.133%$1.5M$196K100xas long as short
BloFin NG-USDT+0.0644%8h3.00600.000%$82K$195K20xas long as short
OKX NG-USDT-SWAP+0.0653%8h3.0050−0.033%$867K$1.7M50xas long as short
Bitget NATGASUSDT+0.0988%4h3.0030−0.100%$9.9M$3.2M100xas long as short
Kraken Futures PF_NATGASUSD+0.1180%1h3.0096+0.118%$56K$35K20xas long as short