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+0.0484%/8h= +53.0% APRpaid last 24h +0.061%
Price spread now: BloFin against Pacifica−0.013%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 7 days+0.225%+$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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$15 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.225% in total (about 11.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica NATGAS3.00040.0100pay 0.0013% / 1h9m 12s$69K$32K10x
ShortBloFin NG-USDT3.00000.0584get 0.0584% / 8h9m 12s$80K$198K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Pacifica. 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
$101.62
Price spread: −0.013% → 0.000%
−$1.33
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
$80.28
Costs to cover
0.200%
Break-even
1.5 days
Slippage unknown: Pacifica: no order-book sample; BloFin: live order book, 61 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 Pacifica no order-book sample
Sell BloFin live order book, 61 min ago3.32 bp9.3 bp −$915.2 bp −$152doesn't fitdoesn't fit
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
Hotstuff NATGAS-PERP−0.0016%1h3.0026+0.073%$35K20xas long as short
gTrade (Gains Network) NATGAS/USDL 0.0000% / S 0.0000%1h2.8394−5.366%as long as short
SunX NATGAS-USDT0.0000%4h3.0042+0.127%$2K$2.4M20xas long as short
HTX NATGAS-USDT0.0000%4h3.0025+0.070%$117K$216K75xas long as short
QFEX NATGAS-USD+0.0004%1h3.0010+0.020%$659K$96K20xas long as short
Lighter NATGAS+0.0032%1h3.0033+0.097%$631K$495K10xas long as short
Extended XNG-USD+0.0032%1h3.0018+0.047%$109K$273K5xas long as short
GRVT NATGAS_USDT_Perp+0.0044%4h3.0005+0.004%$15K$222K25xas long as short
Vest NG-PERP+0.0046%1h3.0030+0.087%$14K10xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h3.0031+0.090%$6.0M$5.2M10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps NATGAS-USD.P+0.0050%1h3.0003−0.003%$82K$26K10xas long as short
Paradex NG-USD-PERP+0.0051%8h3.0027+0.075%$5K5xas long as short
Pacifica NATGASlong+0.0100%1h3.0004long leg$69K$32K10x
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.013%$37K$215K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.013%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0020+0.053%$1.5M$90K10xas long as short
KuCoin NATGASUSDTM+0.0142%4h3.0010+0.020%$1.0M$867K20xas long as short
Aster NATGASUSDT+0.0153%4h3.0040+0.120%$264K$69K50xas long as short
Variational Omni NATGAS+0.0349%4h3.0011+0.024%$318K$390Kas long as short
Binance NATGASUSDT+0.0371%4h3.0032+0.093%$10.4M$28.6M100xas long as short
edgeX NATGASUSDC+0.0385%4h3.0011+0.024%$85K$212K20xas long as short
OKX NG-USDT-SWAP+0.0557%8h3.0000−0.013%$802K$1.8M50xas long as short
Gate NG_USDT+0.0571%8h3.0040+0.120%$1.5M$197K100xas long as short
BloFin NG-USDTshort+0.0584%8h3.0000−0.013%$80K$198K20x
GMX NATGAS/USD [ETH-USDC]L +0.0590% / S −0.0605%1h3.0025+0.070%$88K45xas long as short
Bitget NATGASUSDT+0.0828%4h3.0000−0.013%$9.9M$3.0M100xas long as short
Kraken Futures PF_NATGASUSD+0.0862%1h3.0041+0.122%$56K$35K20xas long as short