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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Orderly against Pacifica−0.187%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.187% cheaper against Pacifica than usual: you would sell low and buy high, −$19 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica NATGAS2.99560.0100pay 0.0013% / 1h57m 29s$70K$33K10x
ShortOrderly PERP_NATGAS_USDC_mythos2.99000.0100get 0.0100% / 8h6h 57m$3K$54410x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$0
Price spread: −0.187% → 0.000%
−$18.69
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$32.69
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Pacifica: no order-book sample; Orderly: no order-book sample. 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 Orderly no order-book sample
Pacifica and 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%1h2.8324−5.448%as long as short
SunX NATGAS-USDT0.0000%4h2.9961+0.017%$2K$2.1M20xas long as short
QFEX NATGAS-USD+0.0024%1h2.9970+0.047%$660K$98K20xas long as short
Lighter NATGAS+0.0032%1h2.9968+0.040%$632K$481K10xas long as short
Extended XNG-USD+0.0032%1h2.9967+0.036%$112K$259K5xas long as short
Vest NG-PERP+0.0046%1h2.9970+0.047%$14K10xas long as short
Hotstuff NATGAS-PERP+0.0048%1h2.9973+0.057%$35K20xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h2.9961+0.017%$6.0M$5.6M10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h2.9973+0.057%$84K$28K10xas long as short
HTX NATGAS-USDT+0.0063%4h2.9946−0.033%$118K$221K75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex NG-USD-PERP+0.0076%8h2.9975+0.064%$5K5xas long as short
Pacifica NATGASlong+0.0100%1h2.9956long leg$70K$33K10x
ApeX Omni NATGASUSDT+0.0100%1h2.9900−0.187%$36K$214K50xas long as short
Orderly PERP_NATGAS_USDC_mythosshort+0.0100%8h2.9900−0.187%$3K$54410x
Phemex NGUSDT+0.0100%4h2.9950−0.020%$1.5M$92K10xas long as short
Aster NATGASUSDT+0.0215%4h2.9950−0.021%$264K$68K50xas long as short
KuCoin NATGASUSDTM+0.0228%4h2.9960+0.013%$1.1M$851K20xas long as short
Gate NG_USDT+0.0247%8h2.9990+0.113%$1.5M$198K100xas long as short
GRVT NATGAS_USDT_Perp+0.0282%4h2.9946−0.032%$20K$205K25xas long as short
Kraken Futures PF_NATGASUSD+0.0298%1h2.9939−0.056%$53K$45K20xas long as short
Variational Omni NATGAS+0.0405%4h2.9949−0.022%$355K$429Kas long as short
Binance NATGASUSDT+0.0408%4h2.9960+0.013%$9.8M$31.5M100xas long as short
edgeX NATGASUSDC+0.0438%4h2.9959+0.011%$85K$211K20xas long as short
OKX NG-USDT-SWAP+0.0493%8h2.9940−0.053%$812K$1.9M50xas long as short
BloFin NG-USDT+0.0502%8h2.9950−0.020%$77K$197K20xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0586% / S −0.0602%1h2.9945−0.037%$88K45xas long as short
Bitget NATGASUSDT+0.0856%4h2.9940−0.053%$9.9M$3.0M100xas long as short