Spread before costs (cost unknown: a leg has no order-book sample)+0.007%
7d average—if it closes, per $10,000$1funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica NATGAS | 2.9958 | 0.0100 | pay 0.0013% / 1h | 29m 13s | $83K | $17K | 10x |
| Short | Phemex NGUSDT | 2.9960 | 0.0100 | get 0.0050% / 4h | 29m 13s | $1.5M | $83K | 10x |
Pacifica NATGAS
Phemex NGUSDTPrice 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
- $0.67
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$19.33
- Spread needed to break even
- 0.200%
Slippage unknown: Pacifica: no order-book sample; Phemex: live order book, 5 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 Phemex live order book, 5 min ago | 1.67 bp | 32.6 bp −$33 | doesn't fit | 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)2.8430cheapest
gTrade (Gains Network)Vest2.8440+0.035%
OKX2.9940+5.311%KuCoin2.9940+5.311%Bitget2.9940+5.311%Variational Omni2.9942+5.319%edgeX2.9945+5.330%BloFin2.9950+5.346%Ondo Perps2.9957+5.371%
Vest
OKX
KuCoin
Bitget
Variational Omni
BloFin
Ondo PerpsPacifica2.9958+5.375%
Phemex2.9960+5.382%
tradeXYZ2.9965+5.399%GMX2.9965+5.399%Binance2.9965+5.400%Extended2.9968+5.411%Aster2.9970+5.417%QFEX2.9970+5.417%Paradex2.9975+5.433%Hotstuff2.9978+5.445%Lighter2.9980+5.452%Gate2.9980+5.452%SunX2.9982+5.459%Kraken Futures2.9985+5.470%ApeX Omni3.0000+5.522%Orderly3.0000+5.522%HTX3.0005+5.540%
tradeXYZ
GMX
Binance
Extended
Aster
QFEX
Paradex
Hotstuff
Lighter
Gate
SunX
Kraken Futures
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 | −5.100% | L 0.0000% / S 0.0000% | 1h | — | — | — | as long as short |
| Vest NG-PERP | −5.067% | +0.0046% | 1h | — | — | 10x | as long as short |
| OKX NG-USDT-SWAP | −0.060% | +0.0387% | 8h | $896K | $1.6M | 50x | as long as short |
| KuCoin NATGASUSDTM | −0.060% | +0.0126% | 4h | $1.0M | $905K | 20x | as long as short |
| Bitget NATGASUSDT | −0.060% | +0.0776% | 4h | $9.9M | $3.9M | 100x | as long as short |
| Variational Omni NATGAS | −0.053% | +0.0113% | 4h | $657K | $154K | — | as long as short |
| edgeX NATGASUSDC | −0.042% | +0.0209% | 4h | $85K | $215K | 20x | as long as short |
| BloFin NG-USDT | −0.027% | +0.0375% | 8h | $87K | $176K | 20x | as long as short |
| Ondo Perps NATGAS-USD.P | −0.003% | +0.0050% | 1h | $83K | $64K | 10x | as long as short |
| Pacifica NATGASlong | 0.000% | +0.0100% | 1h | $83K | $17K | 10x |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phemex NGUSDTshort | +0.007% | +0.0100% | 4h | $1.5M | $83K | 10x | |
| tradeXYZ xyz:NATGAS | +0.023% | +0.0050% | 1h | $5.8M | $5.6M | 10x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | +0.023% | L +0.0651% / S −0.0785% | 1h | $82K | — | 45x | as long as short |
| Binance NATGASUSDT | +0.024% | +0.0200% | 4h | $10.1M | $26.5M | 100x | as long as short |
| Extended XNG-USD | +0.034% | +0.0032% | 1h | $118K | $1.4M | 5x | as long as short |
| Aster NATGASUSDT | +0.040% | +0.0096% | 4h | $264K | $77K | 50x | as long as short |
| QFEX NATGAS-USD | +0.040% | −0.0003% | 1h | $658K | $144K | 20x | as long as short |
| Paradex NG-USD-PERP | +0.055% | +0.0051% | 8h | $5K | — | 5x | as long as short |
| Hotstuff NATGAS-PERP | +0.067% | +0.0016% | 1h | $35K | — | 20x | as long as short |
| Lighter NATGAS | +0.073% | +0.0032% | 1h | $622K | $356K | 10x | as long as short |
| Gate NG_USDT | +0.073% | +0.0412% | 8h | $1.5M | $368K | 100x | as long as short |
| SunX NATGAS-USDT | +0.080% | 0.0000% | 4h | $2K | $2.6M | 20x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.090% | +0.0505% | 1h | $53K | $58K | 20x | as long as short |
| ApeX Omni NATGASUSDT | +0.140% | +0.0100% | 1h | $37K | $220K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.140% | +0.0100% | 8h | $3K | $12 | 10x | as long as short |
| HTX NATGAS-USDT | +0.157% | 0.0000% | 4h | $97K | $225K | 75x | as long as short |