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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0059%/8h= −6.5% APRpaid last 24h −0.061%
Price spread now: Pacifica against OKX+0.030%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.229%−$23 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
The price spread pays, funding is against you. Pacifica is 0.030% dearer against OKX than usual: you sell high and buy low (spread +0.030% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 41 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX NG-USDT-SWAP2.99700.0159pay 0.0159% / 8h7h 47m$857K$1.7M50x
ShortPacifica NATGAS2.99790.0100get 0.0013% / 1h47m 39s$68K$33K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against OKX. 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
−$12.42
Price spread: +0.030% → 0.000%
$3.04
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$27.39
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 4 min ago; Pacifica: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 4 min ago1.67 bp11.0 bp −$1120.2 bp −$202doesn't fitdoesn't fit
Sell Pacifica no order-book sample
Pacifica: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h2.8336−5.452%as long as short
SunX NATGAS-USDT0.0000%4h3.0002+0.107%$2K$2.6M20xas long as short
QFEX NATGAS-USD+0.0015%1h2.99700.000%$658K$85K20xas long as short
Lighter NATGAS+0.0032%1h2.9992+0.073%$616K$412K10xas long as short
Extended XNG-USD+0.0032%1h2.9967−0.011%$110K$451K5xas long as short
Hotstuff NATGAS-PERP+0.0032%1h2.9975+0.017%$35K20xas long as short
Aster NATGASUSDT+0.0044%4h2.9960−0.033%$265K$73K50xas long as short
Vest NG-PERP+0.0046%1h2.99700.000%$37810xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h2.9972+0.007%$5.9M$6.0M10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0001+0.103%$84K$36K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex NG-USD-PERP+0.0058%8h2.9992+0.073%$5K5xas long as short
Variational Omni NATGAS+0.0074%4h2.9980+0.035%$311K$443Kas long as short
Pacifica NATGASshort+0.0100%1h2.9979+0.030%$68K$33K10x
KuCoin NATGASUSDTM+0.0100%4h2.99700.000%$1.0M$1.2M20xas long as short
ApeX Omni NATGASUSDT+0.0100%1h2.9900−0.234%$36K$217K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000+0.100%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h2.9980+0.033%$1.5M$95K10xas long as short
BloFin NG-USDT+0.0127%8h2.9980+0.033%$80K$189K20xas long as short
OKX NG-USDT-SWAPlong+0.0159%8h2.9970long leg$857K$1.7M50x
Binance NATGASUSDT+0.0192%4h2.9986+0.054%$10.1M$29.5M100xas long as short
edgeX NATGASUSDC+0.0194%4h2.9980+0.035%$85K$213K20xas long as short
Bitget NATGASUSDT+0.0232%4h2.9960−0.033%$10.0M$3.5M100xas long as short
HTX NATGAS-USDT+0.0268%4h3.0002+0.107%$98K$211K75xas long as short
GRVT NATGAS_USDT_Perp+0.0296%4h2.9972+0.008%$25K$214K25xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0406% / S −0.0333%1h2.9985+0.050%$93K45xas long as short
Gate NG_USDT+0.0468%8h3.0000+0.100%$1.5M$254K100xas long as short
Kraken Futures PF_NATGASUSD+0.1002%1h2.9990+0.068%$52K$39K20xas long as short