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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0290%/8h= +31.8% APRpaid last 24h +0.001%
Price spread now: HTX against Orderly+0.180%54s7-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
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and HTX is 0.180% dearer against Orderly than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_NATGAS_USDC_mythos3.00000.0100pay 0.0100% / 8h3h 37m$3K$54410x
ShortHTX NATGAS-USDT3.00540.0390get 0.0195% / 4h3h 37m$107K$213K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$60.91
Price spread: +0.180% → 0.000%
$18
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee HTX: 6 bp × 2 orders
−$12
Net
$60.91
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: Orderly: no order-book sample; HTX: live order book, 14 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 HTX live order book, 14 min ago1.50 bp13.0 bp −$1318.7 bp −$187doesn'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%1h2.8404−5.320%as long as short
SunX NATGAS-USDT0.0000%4h3.0041+0.137%$2K$2.4M20xas long as short
Hotstuff NATGAS-PERP+0.0008%1h3.0009+0.030%$35K20xas long as short
QFEX NATGAS-USD+0.0009%1h3.0020+0.067%$669K$91K20xas long as short
Lighter NATGAS+0.0032%1h3.0003+0.010%$626K$501K10xas long as short
Extended XNG-USD+0.0032%1h2.9998−0.008%$110K$391K5xas long as short
Vest NG-PERP+0.0046%1h3.0010+0.033%$14K10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h2.9999−0.003%$82K$26K10xas long as short
tradeXYZ xyz:NATGAS+0.0063%1h3.0015+0.050%$6.0M$5.7M10xas long as short
Paradex NG-USD-PERP+0.0073%8h3.0024+0.078%$5K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NATGAS+0.0100%1h2.9991−0.030%$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$93K10xas long as short
KuCoin NATGASUSDTM+0.0328%4h3.0010+0.033%$1.0M$1.0M20xas long as short
Aster NATGASUSDT+0.0376%4h3.0038+0.127%$263K$74K50xas long as short
HTX NATGAS-USDTshort+0.0390%4h3.0054+0.180%$107K$213K75x
GRVT NATGAS_USDT_Perp+0.0444%4h3.0019+0.065%$12K$230K25xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0473% / S −0.0415%1h3.0025+0.083%$92K45xas long as short
Gate NG_USDT+0.0531%8h3.0050+0.167%$1.5M$192K100xas long as short
BloFin NG-USDT+0.0538%8h3.0020+0.067%$81K$193K20xas long as short
OKX NG-USDT-SWAP+0.0559%8h3.0010+0.033%$862K$1.7M50xas long as short
Variational Omni NATGAS+0.0576%4h3.0020+0.066%$316K$449Kas long as short
edgeX NATGASUSDC+0.0598%4h3.0012+0.041%$85K$212K20xas long as short
Binance NATGASUSDT+0.0598%4h3.0027+0.089%$10.2M$28.4M100xas long as short
Kraken Futures PF_NATGASUSD+0.0856%1h3.0038+0.125%$56K$35K20xas long as short
Bitget NATGASUSDT+0.0978%4h2.9990−0.033%$9.9M$3.2M100xas long as short