Spread before costs (cost unknown: a leg has no order-book sample)+0.133%
7d average—if it closes, per $10,000$13funding while held, a day+$7.71
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_NATGAS_USDC_mythos | 3.0000 | 0.0100 | pay 0.0100% / 8h | 6h 42m | $3K | $278 | 10x |
| Short | Gate NG_USDT | 3.0040 | 0.0357 | get 0.0357% / 8h | 6h 42m | $1.5M | $374K | 100x |
Price 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
- $13.33
- Funding while held
- $7.71
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $0.04
- Spread needed to break even
- 0.210%
Slippage unknown: Orderly: no order-book sample; Gate: live order book, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0257%
- Per $10,000 a day
- +$7.71
- 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 1 min ago | 1.66 bp | 18.4 bp −$18 | 50.2 bp −$502 | doesn't fit | doesn'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 price on every exchange
against the cheapest. Click to use as the short leg.NATGAS 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 | −5.363% | L 0.0000% / S 0.0000% | 1h | — | — | — | as long as short |
| Vest NG-PERP | −5.333% | +0.0046% | 1h | — | $378 | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | −0.067% | +0.0050% | 1h | $87K | $67K | 10x | as long as short |
| Pacifica NATGAS | −0.056% | +0.0100% | 1h | $82K | $19K | 10x | as long as short |
| Bitget NATGASUSDT | −0.033% | +0.0672% | 4h | $10.0M | $4.1M | 100x | as long as short |
| SunX NATGAS-USDT | −0.033% | 0.0000% | 4h | $2K | $2.6M | 20x | as long as short |
| BloFin NG-USDT | −0.033% | +0.0253% | 8h | $85K | $189K | 20x | as long as short |
| Variational Omni NATGAS | −0.013% | +0.0076% | 4h | $664K | $146K | — | as long as short |
| KuCoin NATGASUSDTM | 0.000% | +0.0100% | 4h | $1.0M | $994K | 20x | as long as short |
| ApeX Omni NATGASUSDT | 0.000% | +0.0100% | 1h | $37K | $217K | 50x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_NATGAS_USDC_mythoslong | 0.000% | +0.0100% | 8h | $3K | $278 | 10x | |
| edgeX NATGASUSDC | +0.004% | +0.0150% | 4h | $85K | $214K | 20x | as long as short |
| Hotstuff NATGAS-PERP | +0.027% | +0.0048% | 1h | $35K | — | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.033% | +0.0272% | 8h | $893K | $1.7M | 50x | as long as short |
| QFEX NATGAS-USD | +0.033% | +0.0003% | 1h | $659K | $142K | 20x | as long as short |
| Paradex NG-USD-PERP | +0.045% | +0.0050% | 8h | $5K | — | 5x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | +0.050% | L +0.0502% / S −0.0430% | 1h | $93K | — | 45x | as long as short |
| Extended XNG-USD | +0.052% | +0.0032% | 1h | $109K | $1.4M | 5x | as long as short |
| HTX NATGAS-USDT | +0.053% | 0.0000% | 4h | $97K | $224K | 75x | as long as short |
| Phemex NGUSDT | +0.067% | +0.0100% | 4h | $1.5M | $88K | 10x | as long as short |
| Lighter NATGAS | +0.073% | +0.0032% | 1h | $620K | $405K | 10x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.085% | +0.0480% | 1h | $53K | $55K | 20x | as long as short |
| Binance NATGASUSDT | +0.092% | +0.0142% | 4h | $10.1M | $29.1M | 100x | as long as short |
| tradeXYZ xyz:NATGAS | +0.100% | +0.0050% | 1h | $5.7M | $5.9M | 10x | as long as short |
| Aster NATGASUSDT | +0.100% | +0.0053% | 4h | $265K | $102K | 50x | as long as short |
| Gate NG_USDTshort | +0.133% | +0.0357% | 8h | $1.5M | $374K | 100x |
Gate NG_USDT
gTrade (Gains Network)
Pacifica
Bitget
SunX
BloFin
Variational Omni
KuCoin
ApeX Omni
OKX
Paradex
GMX
Extended
HTX
Phemex
Lighter
Kraken Futures
Binance
tradeXYZ
Aster