After costs, if the gap returns to its 7d average, $10k−$42
spread now+0.090%7d average+0.197%fees + slippage, in and out−$31spread needed0.315%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter NATGAS | 2.9917 | 0.0032 | pay 0.0004% / 1h | 7m 11s | $618K | $404K | 10x |
| Short | HTX NATGAS-USDT | 2.9944 | 0 | get 0.0000% / 4h | 3h 07m | $97K | $224K | 75x |
Lighter NATGAS
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
- $9.02
- Funding while held
- −$0.96
- Slippage, 4 orders
- −$19.49
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$23.43
- Spread needed to break even
- 0.315%
Slippage from Lighter: live order book, 34 min ago; HTX: live order book, 36 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0032%
- Per $10,000 a day
- −$0.96
- 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 Lighter live order book, 34 min ago | 1.16 bp | 7.3 bp −$7 | 14.8 bp −$148 | 78.4 bp −$7,837 | doesn't fit |
| Sell HTX live order book, 36 min ago | 1.33 bp | 13.2 bp −$13 | 21.2 bp −$212 | 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%
Bitget2.9890+5.603%Orderly2.9900+5.639%BloFin2.9900+5.639%Extended2.9905+5.656%Pacifica2.9909+5.669%Binance2.9910+5.674%Phemex2.9910+5.674%GMX2.9915+5.692%
Vest
Bitget
Orderly
BloFin
Extended
Pacifica
Binance
Phemex
GMXLighter2.9917+5.699%
tradeXYZ2.9920+5.709%OKX2.9920+5.709%KuCoin2.9920+5.709%Kraken Futures2.9921+5.713%Aster2.9930+5.745%QFEX2.9930+5.745%Paradex2.9933+5.757%SunX2.9942+5.787%
tradeXYZ
OKX
KuCoin
Kraken Futures
Aster
QFEX
Paradex
SunXHTX2.9944+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%
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 | −5.392% | L 0.0000% / S 0.0000% | 1h | — | — | — | as long as short |
| Vest NG-PERP | −5.305% | +0.0046% | 1h | — | $378 | 10x | as long as short |
| Bitget NATGASUSDT | −0.090% | +0.0632% | 4h | $9.9M | $4.0M | 100x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | −0.057% | +0.0100% | 8h | $3K | $278 | 10x | as long as short |
| BloFin NG-USDT | −0.057% | +0.0303% | 8h | $85K | $177K | 20x | as long as short |
| Extended XNG-USD | −0.041% | +0.0032% | 1h | $109K | $1.4M | 5x | as long as short |
| Pacifica NATGAS | −0.028% | +0.0100% | 1h | $82K | $18K | 10x | as long as short |
| Binance NATGASUSDT | −0.024% | +0.0114% | 4h | $10.0M | $28.3M | 100x | as long as short |
| Phemex NGUSDT | −0.023% | +0.0100% | 4h | $1.5M | $86K | 10x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | −0.007% | L +0.0547% / S −0.0638% | 1h | $82K | — | 45x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter NATGASlong | 0.000% | +0.0032% | 1h | $618K | $404K | 10x | |
| tradeXYZ xyz:NATGAS | +0.010% | +0.0050% | 1h | $5.7M | $5.8M | 10x | as long as short |
| OKX NG-USDT-SWAP | +0.010% | +0.0276% | 8h | $891K | $1.7M | 50x | as long as short |
| KuCoin NATGASUSDTM | +0.010% | +0.0100% | 4h | $1.0M | $973K | 20x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.013% | +0.0662% | 1h | $52K | $58K | 20x | as long as short |
| Aster NATGASUSDT | +0.043% | +0.0025% | 4h | $264K | $102K | 50x | as long as short |
| QFEX NATGAS-USD | +0.043% | 0.0000% | 1h | $657K | $138K | 20x | as long as short |
| Paradex NG-USD-PERP | +0.055% | +0.0050% | 8h | $5K | — | 5x | as long as short |
| SunX NATGAS-USDT | +0.084% | 0.0000% | 4h | $2K | $2.6M | 20x | as long as short |
| HTX NATGAS-USDTshort | +0.090% | 0.0000% | 4h | $97K | $224K | 75x | |
| Gate NG_USDT | +0.110% | +0.0345% | 8h | $1.5M | $376K | 100x | as long as short |
| Hotstuff NATGAS-PERP | +0.130% | +0.0008% | 1h | $35K | — | 20x | as long as short |
| edgeX NATGASUSDC | +0.170% | +0.0126% | 4h | $85K | $213K | 20x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.204% | +0.0050% | 1h | $87K | $67K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.277% | +0.0100% | 1h | $37K | $218K | 50x | as long as short |
| Variational Omni NATGAS | +0.304% | +0.0045% | 4h | $664K | $146K | — | as long as short |