Spread before costs (cost unknown: a leg has no order-book sample)+0.041%
7d average—if it closes, per $10,000$4funding while held, a day+$3.88
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica NATGAS | 2.9939 | 0.0100 | pay 0.0013% / 1h | 30m 05s | $83K | $17K | 10x |
| Short | edgeX NATGASUSDC | 2.9951 | 0.0229 | get 0.0115% / 4h | 30m 05s | $85K | $214K | 20x |
Pacifica NATGASPrice 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
- $4.12
- Funding while held
- $3.88
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$9
- Spread needed to break even
- 0.170%
Slippage unknown: Pacifica: no order-book sample; edgeX: live order book, 18 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0129%
- Per $10,000 a day
- +$3.88
- 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 Pacifica no order-book sample | — | — | — | — | — |
| Sell edgeX live order book, 18 min ago | 13.36 bp | 24.4 bp −$24 | 33.3 bp −$333 | doesn't fit | doesn'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 price on every exchange
against the cheapest. Click to use as the short leg.gTrade (Gains Network)2.8416cheapest
gTrade (Gains Network)Vest2.8430+0.049%
BloFin2.9920+5.293%OKX2.9930+5.328%
Vest
BloFin
OKXPacifica2.9939+5.360%
KuCoin2.9940+5.363%Bitget2.9940+5.363%Variational Omni2.9942+5.371%Phemex2.9950+5.398%GMX2.9955+5.416%Ondo Perps2.9957+5.423%Extended2.9957+5.424%Hotstuff2.9958+5.427%Binance2.9960+5.434%QFEX2.9960+5.434%Paradex2.9960+5.434%tradeXYZ2.9965+5.451%Aster2.9970+5.469%Gate2.9970+5.469%SunX2.9972+5.476%Kraken Futures2.9974+5.481%Lighter2.9978+5.497%ApeX Omni3.0000+5.574%Orderly3.0000+5.574%HTX3.0007+5.599%
KuCoin
Bitget
Variational Omni
Phemex
GMX
Ondo Perps
Extended
Hotstuff
Binance
QFEX
Paradex
tradeXYZ
Aster
Gate
SunX
Kraken Futures
Lighter
ApeX Omni
Orderly
HTXNATGAS 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 | −5.087% | L 0.0000% / S 0.0000% | 1h | — | — | — | as long as short |
| Vest NG-PERP | −5.040% | +0.0046% | 1h | — | — | 10x | as long as short |
| BloFin NG-USDT | −0.063% | +0.0366% | 8h | $87K | $176K | 20x | as long as short |
| OKX NG-USDT-SWAP | −0.030% | +0.0387% | 8h | $896K | $1.6M | 50x | as long as short |
| Pacifica NATGASlong | 0.000% | +0.0100% | 1h | $83K | $17K | 10x | |
| KuCoin NATGASUSDTM | +0.003% | +0.0128% | 4h | $1.0M | $903K | 20x | as long as short |
| Bitget NATGASUSDT | +0.003% | +0.0778% | 4h | $9.9M | $3.9M | 100x | as long as short |
| Variational Omni NATGAS | +0.011% | +0.0113% | 4h | $657K | $154K | — | as long as short |
| Phemex NGUSDT | +0.037% | +0.0100% | 4h | $1.5M | $83K | 10x | as long as short |
| edgeX NATGASUSDCshort | +0.041% | +0.0229% | 4h | $85K | $214K | 20x |