After costs, if the gap returns to its 7d average, $10k−$55
spread now+0.015%7d average+0.040%fees + slippage, in and out−$52spread needed0.524%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NATGASUSDTM | 2.9900 | 0.0100 | pay 0.0050% / 4h | 3h 06m | $1.0M | $974K | 20x |
| Short | Extended XNG-USD | 2.9905 | 0.0032 | get 0.0004% / 1h | 6m 54s | $109K | $1.4M | 5x |
KuCoin NATGASUSDTM
Extended XNG-USDPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $1.52
- Funding while held
- −$2.04
- Slippage, 4 orders
- −$35.43
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$52.96
- Spread needed to break even
- 0.524%
Slippage from KuCoin: live order book, 4 min ago; Extended: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0068%
- Per $10,000 a day
- −$2.04
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 4 min ago | 8.34 bp | 24.1 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 3 min ago | 0.83 bp | 4.5 bp −$5 | 9.2 bp −$92 | doesn't fit | doesn't fit |
NATGAS price on every exchange
against the cheapest. Click to use as the short leg.gTrade (Gains Network)2.8304cheapest
gTrade (Gains Network)Vest2.8330+0.092%
Bitget2.9880+5.568%OKX2.9900+5.639%
Vest
Bitget
OKXKuCoin2.9900+5.639%
Orderly2.9900+5.639%BloFin2.9900+5.639%
Orderly
BloFinExtended2.9905+5.655%
Binance2.9905+5.658%Pacifica2.9909+5.669%Phemex2.9910+5.674%tradeXYZ2.9913+5.685%GMX2.9915+5.692%Lighter2.9917+5.699%Kraken Futures2.9921+5.713%Aster2.9930+5.745%QFEX2.9930+5.745%Paradex2.9933+5.757%SunX2.9942+5.787%HTX2.9944+5.794%Gate2.9950+5.815%Hotstuff2.9956+5.837%edgeX2.9968+5.878%Ondo Perps2.9978+5.914%ApeX Omni3.0000+5.992%Variational Omni3.0008+6.020%
Binance
Pacifica
Phemex
tradeXYZ
GMX
Lighter
Kraken Futures
Aster
QFEX
Paradex
SunX
HTX
Gate
Hotstuff
Ondo Perps
ApeX Omni
Variational OmniNATGAS on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) NATGAS/USD | −5.338% | L 0.0000% / S 0.0000% | 1h | — | — | — | as long as short |
| Vest NG-PERP | −5.251% | +0.0046% | 1h | — | $378 | 10x | as long as short |
| Bitget NATGASUSDT | −0.067% | +0.0632% | 4h | $9.9M | $4.0M | 100x | as long as short |
| OKX NG-USDT-SWAP | 0.000% | +0.0276% | 8h | $891K | $1.7M | 50x | as long as short |
| KuCoin NATGASUSDTMlong | 0.000% | +0.0100% | 4h | $1.0M | $974K | 20x | |
| Orderly PERP_NATGAS_USDC_mythos | 0.000% | +0.0100% | 8h | $3K | $278 | 10x | as long as short |
| BloFin NG-USDT | 0.000% | +0.0303% | 8h | $85K | $177K | 20x | as long as short |
| Extended XNG-USDshort | +0.015% | +0.0032% | 1h | $109K | $1.4M | 5x | |
| Binance NATGASUSDT | +0.018% | +0.0114% | 4h | $10.0M | $28.4M | 100x | as long as short |
| Pacifica NATGAS | +0.029% | +0.0100% | 1h | $82K | $18K | 10x | as long as short |