After costs, if the gap returns to its 7d average, $10k−$67
spread now+0.003%7d average+0.092%fees + slippage, in and out−$58spread needed0.579%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NATGASUSDTM | 3.0090 | 0.0100 | pay 0.0050% / 4h | 2h 02m | $1.0M | $1.0M | 20x |
| Short | HTX NATGAS-USDT | 3.0091 | 0 | get 0.0000% / 4h | 2h 02m | $98K | $223K | 75x |
KuCoin NATGASUSDTM
HTX NATGAS-USDTPrice 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
- $0.33
- Funding while held
- −$3
- Slippage, 4 orders
- −$33.9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$60.56
- Spread needed to break even
- 0.579%
Slippage from KuCoin: live order book, 9 min ago; HTX: live order book, 36 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0100%
- Per $10,000 a day
- −$3.00
- 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, 9 min ago | 3.33 bp | 18.9 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 36 min ago | 2.50 bp | 12.0 bp −$12 | 19.5 bp −$195 | doesn't fit | doesn't fit |
NATGAS price on every exchange
against the cheapest. Click to use as the short leg.gTrade (Gains Network)2.8476cheapest
gTrade (Gains Network)Vest2.8480+0.014%
BloFin3.0050+5.527%Bitget3.0070+5.598%edgeX3.0079+5.628%OKX3.0080+5.633%Variational Omni3.0088+5.659%
Vest
BloFin
Bitget
OKX
Variational OmniKuCoin3.0090+5.668%
Phemex3.0090+5.668%
PhemexHTX3.0091+5.671%
Hotstuff3.0095+5.685%Pacifica3.0098+5.695%Binance3.0099+5.701%QFEX3.0100+5.703%ApeX Omni3.0100+5.703%Orderly3.0100+5.703%tradeXYZ3.0101+5.707%GMX3.0105+5.721%Extended3.0106+5.725%Aster3.0110+5.738%Lighter3.0113+5.749%Ondo Perps3.0113+5.749%Paradex3.0114+5.753%Kraken Futures3.0114+5.753%Gate3.0120+5.773%SunX3.0122+5.780%
Hotstuff
Pacifica
Binance
QFEX
ApeX Omni
Orderly
tradeXYZ
GMX
Extended
Aster
Lighter
Ondo Perps
Paradex
Kraken Futures
Gate
SunXNATGAS 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 | −5.364% | L 0.0000% / S 0.0000% | 1h | — | — | — | as long as short |
| Vest NG-PERP | −5.351% | +0.0046% | 1h | — | $378 | 10x | as long as short |
| BloFin NG-USDT | −0.133% | +0.0250% | 8h | $85K | $190K | 20x | as long as short |
| Bitget NATGASUSDT | −0.066% | +0.0710% | 4h | $10.0M | $4.1M | 100x | as long as short |
| edgeX NATGASUSDC | −0.038% | +0.0200% | 4h | $85K | $213K | 20x | as long as short |
| OKX NG-USDT-SWAP | −0.033% | +0.0251% | 8h | $896K | $1.7M | 50x | as long as short |
| Variational Omni NATGAS | −0.008% | +0.0140% | 4h | $663K | $149K | — | as long as short |
| KuCoin NATGASUSDTMlong | 0.000% | +0.0100% | 4h | $1.0M | $1.0M | 20x | |
| Phemex NGUSDT | 0.000% | +0.0100% | 4h | $1.5M | $92K | 10x | as long as short |
| HTX NATGAS-USDTshort | +0.003% | 0.0000% | 4h | $98K | $223K | 75x |