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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against Orderly0.000%50s7-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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_NATGAS_USDC_mythos3.00000.0100pay 0.0100% / 8h2h 45m$3K$54410x
ShortApeX Omni NATGASUSDT3.00000.0100get 0.0013% / 1h45m 35s$37K$218K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Orderly. 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
$0
Price spread: 0.000% → 0.000%
$0
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$16
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; ApeX Omni: live order book, 1 min ago. 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 Orderly no order-book sample
Sell ApeX Omni live order book, 1 min ago16.64 bp55.2 bp −$55274.8 bp −$2,748doesn't fitdoesn't fit
Orderly: 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 26 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
SunX NATGAS-USDT0.0000%4h3.0072+0.240%$2K$2.4M20xas long as short
Lighter NATGAS+0.0032%1h3.0052+0.173%$629K$503K10xas long as short
QFEX NATGAS-USD+0.0033%1h3.0050+0.167%$660K$96K20xas long as short
Vest NG-PERP+0.0046%1h3.0050+0.167%$14K10xas long as short
Extended XNG-USD+0.0048%1h3.0051+0.169%$110K$364K5xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0042+0.140%$82K$26K10xas long as short
Paradex NG-USD-PERP+0.0080%8h3.0076+0.252%$5K5xas long as short
Hotstuff NATGAS-PERP+0.0096%1h3.0062+0.207%$35K20xas long as short
Pacifica NATGAS+0.0100%1h3.0034+0.113%$68K$33K10xas long as short
ApeX Omni NATGASUSDTshort+0.0100%1h3.00000.000%$37K$218K50x
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_NATGAS_USDC_mythoslong+0.0100%8h3.0000long leg$3K$54410x
Phemex NGUSDT+0.0100%4h3.0060+0.200%$1.5M$92K10xas long as short
tradeXYZ xyz:NATGAS+0.0130%1h3.0058+0.193%$6.0M$5.6M10xas long as short
HTX NATGAS-USDT+0.0375%4h3.0071+0.237%$107K$212K75xas long as short
KuCoin NATGASUSDTM+0.0380%4h3.0050+0.167%$1.0M$974K20xas long as short
GRVT NATGAS_USDT_Perp+0.0390%4h3.0045+0.151%$13K$224K25xas long as short
Aster NATGASUSDT+0.0429%4h3.0055+0.183%$264K$74K50xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0503% / S −0.0448%1h3.0055+0.183%$92K45xas long as short
Gate NG_USDT+0.0578%8h3.0100+0.333%$1.5M$193K100xas long as short
Variational Omni NATGAS+0.0637%4h3.0050+0.166%$317K$449Kas long as short
BloFin NG-USDT+0.0643%8h3.0050+0.167%$82K$195K20xas long as short
OKX NG-USDT-SWAP+0.0643%8h3.0060+0.200%$869K$1.7M50xas long as short
Binance NATGASUSDT+0.0662%4h3.0060+0.200%$10.3M$28.2M100xas long as short
edgeX NATGASUSDC+0.0682%4h3.0050+0.166%$85K$213K20xas long as short
Bitget NATGASUSDT+0.1030%4h3.0030+0.100%$9.9M$3.2M100xas long as short
Kraken Futures PF_NATGASUSD+0.1182%1h3.0059+0.196%$56K$35K20xas long as short