Spread before costs (cost unknown: a leg has no order-book sample)−0.097%
7d average—if it closes, per $10,000$10funding while held, a day+$1.49
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex NG-USD-PERP | 3.0119 | 0.0050 | pay 0.0050% / 8h | 6h 01m | $5K | — | 5x |
| Short | KuCoin NATGASUSDTM | 3.0090 | 0.0100 | get 0.0050% / 4h | 2h 01m | $1.0M | $1.0M | 20x |
Paradex NG-USD-PERP
KuCoin NATGASUSDTMPrice 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
- −$9.67
- Funding while held
- $1.49
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$24.17
- Spread needed to break even
- 0.160%
Slippage unknown: Paradex: no order-book sample; KuCoin: live order book, 9 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0050%
- Per $10,000 a day
- +$1.49
- 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 Paradex no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 9 min ago | 3.33 bp | 18.5 bp −$19 | 322.0 bp −$3,220 | doesn't fit | doesn't fit |
Paradex: 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)2.8476cheapest
gTrade (Gains Network)Vest2.8480+0.014%
BloFin3.0050+5.527%Bitget3.0070+5.598%OKX3.0080+5.633%Variational Omni3.0088+5.659%Pacifica3.0088+5.660%
Vest
BloFin
Bitget
OKX
Variational Omni
PacificaKuCoin3.0090+5.668%
Phemex3.0090+5.668%HTX3.0091+5.671%edgeX3.0091+5.673%Binance3.0100+5.703%QFEX3.0100+5.703%ApeX Omni3.0100+5.703%Orderly3.0100+5.703%Hotstuff3.0104+5.717%GMX3.0105+5.721%Extended3.0106+5.723%Lighter3.0109+5.735%tradeXYZ3.0110+5.738%Aster3.0110+5.738%Ondo Perps3.0113+5.749%Kraken Futures3.0114+5.753%
Phemex
HTX
Binance
QFEX
ApeX Omni
Orderly
Hotstuff
GMX
Extended
Lighter
tradeXYZ
Aster
Ondo Perps
Kraken FuturesParadex3.0119+5.770%
Gate3.0120+5.773%SunX3.0122+5.780%
Gate
SunXNATGAS 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 | −5.455% | L 0.0000% / S 0.0000% | 1h | — | — | — | as long as short |
| Vest NG-PERP | −5.442% | +0.0046% | 1h | — | $378 | 10x | as long as short |
| BloFin NG-USDT | −0.229% | +0.0250% | 8h | $85K | $190K | 20x | as long as short |
| Bitget NATGASUSDT | −0.163% | +0.0708% | 4h | $10.0M | $4.1M | 100x | as long as short |
| OKX NG-USDT-SWAP | −0.130% | +0.0251% | 8h | $896K | $1.7M | 50x | as long as short |
| Variational Omni NATGAS | −0.105% | +0.0140% | 4h | $663K | $149K | — | as long as short |
| Pacifica NATGAS | −0.104% | +0.0100% | 1h | $82K | $21K | 10x | as long as short |
| KuCoin NATGASUSDTMshort | −0.097% | +0.0100% | 4h | $1.0M | $1.0M | 20x | |
| Phemex NGUSDT | −0.097% | +0.0100% | 4h | $1.5M | $92K | 10x | as long as short |
| HTX NATGAS-USDT | −0.093% | 0.0000% | 4h | $98K | $223K | 75x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX NATGASUSDC | −0.092% | +0.0192% | 4h | $85K | $214K | 20x | as long as short |
| Binance NATGASUSDT | −0.063% | +0.0177% | 4h | $10.1M | $30.0M | 100x | as long as short |
| QFEX NATGAS-USD | −0.063% | +0.0003% | 1h | $661K | $142K | 20x | as long as short |
| ApeX Omni NATGASUSDT | −0.063% | +0.0100% | 1h | $37K | $215K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | −0.063% | +0.0100% | 8h | $3K | $278 | 10x | as long as short |
| Hotstuff NATGAS-PERP | −0.050% | +0.0160% | 1h | $35K | — | 20x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | −0.047% | L +0.0413% / S −0.0333% | 1h | $94K | — | 45x | as long as short |
| Extended XNG-USD | −0.044% | +0.0032% | 1h | $109K | $1.4M | 5x | as long as short |
| Lighter NATGAS | −0.034% | +0.0032% | 1h | $622K | $406K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | −0.030% | +0.0050% | 1h | $5.7M | $6.0M | 10x | as long as short |
| Aster NATGASUSDT | −0.030% | +0.0083% | 4h | $266K | $103K | 50x | as long as short |
| Ondo Perps NATGAS-USD.P | −0.020% | +0.0050% | 1h | $87K | $68K | 10x | as long as short |
| Kraken Futures PF_NATGASUSD | −0.016% | +0.0479% | 1h | $53K | $55K | 20x | as long as short |
| Paradex NG-USD-PERPlong | 0.000% | +0.0050% | 8h | $5K | — | 5x | |
| Gate NG_USDT | +0.003% | +0.0355% | 8h | $1.5M | $375K | 100x | as long as short |
| SunX NATGAS-USDT | +0.010% | 0.0000% | 4h | $2K | $2.6M | 20x | as long as short |