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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0068%/8h= −7.4% APRpaid last 24h −0.011%
Price spread now: Extended against Orderly−0.007%7-day average · you buy dearer than you sell
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 fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_NATGAS_USDC_mythos3.00000.0100pay 0.0100% / 8h5h 46m$3K$54410x
ShortExtended XNG-USD2.99980.0032get 0.0004% / 1h46m 53s$110K$442K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$14.28
Price spread: −0.007% → 0.000%
−$0.68
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$25.96
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Extended: live order book, 16 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 Extended live order book, 16 min ago0.67 bp4.6 bp −$59.6 bp −$96doesn'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 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%1h2.8386−5.380%as long as short
SunX NATGAS-USDT0.0000%4h3.0042+0.140%$2K$2.4M20xas long as short
Hotstuff NATGAS-PERP+0.0008%1h3.0009+0.030%$35K20xas long as short
QFEX NATGAS-USD+0.0019%1h3.0010+0.033%$658K$85K20xas long as short
Lighter NATGAS+0.0032%1h3.0023+0.077%$619K$445K10xas long as short
Extended XNG-USDshort+0.0032%1h2.9998−0.007%$110K$442K5x
Vest NG-PERP+0.0046%1h3.0010+0.033%$37810xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0008+0.027%$82K$26K10xas long as short
Paradex NG-USD-PERP+0.0062%8h3.0023+0.077%$5K5xas long as short
tradeXYZ xyz:NATGAS+0.0075%1h3.0008+0.027%$5.9M$5.9M10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NATGAS+0.0100%1h3.0012+0.040%$68K$33K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.00000.000%$37K$218K50xas long as short
Orderly PERP_NATGAS_USDC_mythoslong+0.0100%8h3.0000long leg$3K$54410x
Phemex NGUSDT+0.0100%4h3.0020+0.067%$1.5M$95K10xas long as short
HTX NATGAS-USDT+0.0217%4h3.0047+0.157%$100K$213K75xas long as short
KuCoin NATGASUSDTM+0.0274%4h3.0010+0.033%$1.0M$1.1M20xas long as short
Aster NATGASUSDT+0.0293%4h3.0011+0.038%$265K$73K50xas long as short
GRVT NATGAS_USDT_Perp+0.0364%4h3.0010+0.033%$12K$214K25xas long as short
OKX NG-USDT-SWAP+0.0389%8h3.0020+0.067%$862K$1.7M50xas long as short
Gate NG_USDT+0.0404%8h3.0050+0.167%$1.5M$208K100xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0428% / S −0.0365%1h3.0025+0.083%$92K45xas long as short
Variational Omni NATGAS+0.0459%4h3.0009+0.030%$311K$444Kas long as short
Binance NATGASUSDT+0.0513%4h3.0020+0.067%$10.2M$28.9M100xas long as short
edgeX NATGASUSDC+0.0514%4h3.0018+0.059%$85K$213K20xas long as short
BloFin NATGAS-USDT+0.0517%4h3.0010+0.033%$21K100xas long as short
Bitget NATGASUSDT+0.0838%4h3.00000.000%$9.9M$3.4M100xas long as short
Kraken Futures PF_NATGASUSD+0.1109%1h3.0034+0.114%$54K$36K20xas long as short