After costs, if the gap returns to its 7d average, $10k−$54
spread now+0.033%7d average−0.014%fees + slippage, in and out−$58spread needed0.583%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX NG-USDT-SWAP | 3.0080 | 0.0250 | pay 0.0250% / 8h | 6h 01m | $896K | $1.7M | 50x |
| Short | KuCoin NATGASUSDTM | 3.0090 | 0.0100 | get 0.0050% / 4h | 2h 01m | $1.0M | $1.0M | 20x |
OKX NG-USDT-SWAP
KuCoin NATGASUSDTMPrice 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
- $3.32
- Funding while held
- −$4.5
- Slippage, 4 orders
- −$36.25
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$59.43
- Spread needed to break even
- 0.583%
Slippage from OKX: live order book, 2 min ago; KuCoin: live order book, 10 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0150%
- Per $10,000 a day
- −$4.50
- 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 OKX live order book, 2 min ago | 1.66 bp | 11.4 bp −$11 | 24.7 bp −$247 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 3.33 bp | 18.5 bp −$19 | 322.0 bp −$3,220 | doesn't fit | doesn't fit |
NATGAS price on every exchange
against the cheapest. Click to use as the short leg.gTrade (Gains Network)2.8470cheapest
gTrade (Gains Network)Vest2.8480+0.035%
BloFin3.0050+5.550%Bitget3.0070+5.620%
Vest
BloFin
BitgetOKX3.0080+5.655%
Variational Omni3.0088+5.682%Pacifica3.0088+5.682%
Variational Omni
PacificaKuCoin3.0090+5.690%
Phemex3.0090+5.690%HTX3.0091+5.694%edgeX3.0091+5.695%Binance3.0100+5.725%QFEX3.0100+5.725%ApeX Omni3.0100+5.725%Orderly3.0100+5.725%Hotstuff3.0104+5.739%GMX3.0105+5.743%tradeXYZ3.0106+5.746%Extended3.0109+5.756%Lighter3.0109+5.757%Aster3.0110+5.760%Kraken Futures3.0112+5.766%Ondo Perps3.0113+5.771%Paradex3.0119+5.792%Gate3.0120+5.796%SunX3.0122+5.803%
Phemex
HTX
Binance
QFEX
ApeX Omni
Orderly
Hotstuff
GMX
tradeXYZ
Extended
Lighter
Aster
Kraken Futures
Ondo Perps
Paradex
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 | −5.352% | L 0.0000% / S 0.0000% | 1h | — | — | — | as long as short |
| Vest NG-PERP | −5.319% | +0.0046% | 1h | — | $378 | 10x | as long as short |
| BloFin NG-USDT | −0.100% | +0.0250% | 8h | $85K | $190K | 20x | as long as short |
| Bitget NATGASUSDT | −0.033% | +0.0708% | 4h | $10.0M | $4.1M | 100x | as long as short |
| OKX NG-USDT-SWAPlong | 0.000% | +0.0250% | 8h | $896K | $1.7M | 50x | |
| Variational Omni NATGAS | +0.025% | +0.0140% | 4h | $663K | $149K | — | as long as short |
| Pacifica NATGAS | +0.026% | +0.0100% | 1h | $82K | $21K | 10x | as long as short |
| KuCoin NATGASUSDTMshort | +0.033% | +0.0100% | 4h | $1.0M | $1.0M | 20x | |
| Phemex NGUSDT | +0.033% | +0.0100% | 4h | $1.5M | $92K | 10x | as long as short |
| HTX NATGAS-USDT | +0.037% | 0.0000% | 4h | $98K | $223K | 75x | as long as short |