Spread before costs (cost unknown: a leg has no order-book sample)+0.087%
7d average—if it closes, per $10,000$9funding while held, a day+$6.39
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica NATGAS | 3.0004 | 0.0100 | pay 0.0013% / 1h | 44m 03s | $83K | $17K | 10x |
| Short | Gate NG_USDT | 3.0030 | 0.0313 | get 0.0313% / 8h | 7h 44m | $1.5M | $375K | 100x |
Pacifica NATGAS
Gate NG_USDTPrice 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
- $8.67
- Funding while held
- $6.39
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$7.94
- Spread needed to break even
- 0.230%
Slippage unknown: Pacifica: no order-book sample; Gate: live order book, 5 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0213%
- Per $10,000 a day
- +$6.39
- 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 Gate live order book, 5 min ago | 1.66 bp | 15.7 bp −$16 | 80.2 bp −$802 | 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)2.8389cheapest
gTrade (Gains Network)Vest2.8410+0.074%
Bitget2.9980+5.604%OKX2.9990+5.640%KuCoin2.9990+5.640%BloFin2.9990+5.640%QFEX3.0000+5.675%ApeX Omni3.0000+5.675%Orderly3.0000+5.675%tradeXYZ3.0003+5.685%
Vest
Bitget
OKX
KuCoin
BloFin
QFEX
ApeX Omni
Orderly
tradeXYZPacifica3.0004+5.689%
GMX3.0005+5.692%Binance3.0005+5.693%Extended3.0008+5.702%edgeX3.0008+5.703%Phemex3.0010+5.710%Lighter3.0012+5.717%Variational Omni3.0016+5.732%Aster3.0017+5.736%Kraken Futures3.0021+5.747%Hotstuff3.0021+5.749%SunX3.0021+5.749%Paradex3.0025+5.764%
GMX
Binance
Extended
Phemex
Lighter
Variational Omni
Aster
Kraken Futures
Hotstuff
SunX
ParadexGate3.0030+5.780%
Ondo Perps3.0034+5.794%HTX3.0035+5.798%
Ondo Perps
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 | −5.383% | L 0.0000% / S 0.0000% | 1h | — | — | — | as long as short |
| Vest NG-PERP | −5.313% | +0.0046% | 1h | — | $378 | 10x | as long as short |
| Bitget NATGASUSDT | −0.080% | +0.0634% | 4h | $10.0M | $3.9M | 100x | as long as short |
| OKX NG-USDT-SWAP | −0.047% | +0.0295% | 8h | $895K | $1.7M | 50x | as long as short |
| KuCoin NATGASUSDTM | −0.047% | +0.0100% | 4h | $1.0M | $941K | 20x | as long as short |
| BloFin NG-USDT | −0.047% | +0.0286% | 8h | $85K | $177K | 20x | as long as short |
| QFEX NATGAS-USD | −0.013% | 0.0000% | 1h | $659K | $138K | 20x | as long as short |
| ApeX Omni NATGASUSDT | −0.013% | +0.0100% | 1h | $37K | $221K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | −0.013% | +0.0100% | 8h | $3K | $12 | 10x | as long as short |
| tradeXYZ xyz:NATGAS | −0.003% | +0.0050% | 1h | $5.7M | $5.7M | 10x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Pacifica NATGASlong | 0.000% | +0.0100% | 1h | $83K | $17K | 10x | |
| GMX NATGAS/USD [ETH-USDC] | +0.003% | L +0.0596% / S −0.0707% | 1h | $82K | — | 45x | as long as short |
| Binance NATGASUSDT | +0.004% | +0.0122% | 4h | $10.1M | $27.5M | 100x | as long as short |
| Extended XNG-USD | +0.013% | +0.0032% | 1h | $118K | $1.4M | 5x | as long as short |
| edgeX NATGASUSDC | +0.013% | +0.0142% | 4h | $85K | $214K | 20x | as long as short |
| Phemex NGUSDT | +0.020% | +0.0100% | 4h | $1.5M | $84K | 10x | as long as short |
| Lighter NATGAS | +0.027% | +0.0032% | 1h | $621K | $392K | 10x | as long as short |
| Variational Omni NATGAS | +0.041% | +0.0049% | 4h | $658K | $147K | — | as long as short |
| Aster NATGASUSDT | +0.044% | +0.0039% | 4h | $265K | $102K | 50x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.055% | +0.0659% | 1h | $54K | $58K | 20x | as long as short |
| Hotstuff NATGAS-PERP | +0.057% | +0.0184% | 1h | $35K | — | 20x | as long as short |
| SunX NATGAS-USDT | +0.057% | 0.0000% | 4h | $2K | $2.7M | 20x | as long as short |
| Paradex NG-USD-PERP | +0.071% | +0.0050% | 8h | $5K | — | 5x | as long as short |
| Gate NG_USDTshort | +0.087% | +0.0313% | 8h | $1.5M | $375K | 100x | |
| Ondo Perps NATGAS-USD.P | +0.100% | +0.0050% | 1h | $87K | $68K | 10x | as long as short |
| HTX NATGAS-USDT | +0.103% | 0.0000% | 4h | $98K | $224K | 75x | as long as short |