After costs, if the gap returns to its 7d average, $10k−$35
spread now+0.011%7d average+0.032%fees + slippage, in and out−$33spread needed0.331%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX NATGAS-USD | 2.9820 | 0.0002 | pay 0.0000% / 1h | 18m 34s | $654K | $99K | 20x |
| Short | Binance NATGASUSDT | 2.9823 | 0.0249 | get 0.0125% / 4h | 1h 18m | $10.0M | $31.7M | 100x |
QFEX NATGAS-USD
Binance NATGASUSDTPrice 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
- $1.14
- Funding while held
- $7.42
- Slippage, 4 orders
- −$13.08
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$24.52
- Spread needed to break even
- 0.331%
Slippage from QFEX: live order book, 58 min ago; Binance: live order book, 9 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0247%
- Per $10,000 a day
- +$7.42
- 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 QFEX live order book, 58 min ago | 1.66 bp | 9.9 bp −$10 | 10.0 bp −$100 | 11.5 bp −$1,152 | doesn't fit |
| Sell Binance live order book, 9 min ago | 1.67 bp | 6.7 bp −$7 | 9.6 bp −$96 | 43.8 bp −$4,379 | 169.3 bp −$84.6K |
NATGAS price on every exchange
against the cheapest. Click to use as the short leg.gTrade (Gains Network)2.8216cheapest
gTrade (Gains Network)Vest2.8240+0.085%
Bitget2.9790+5.578%BloFin2.9790+5.578%OKX2.9800+5.614%KuCoin2.9800+5.614%ApeX Omni2.9800+5.614%Orderly2.9800+5.614%Extended2.9802+5.621%edgeX2.9806+5.635%Variational Omni2.9806+5.635%tradeXYZ2.9808+5.642%Pacifica2.9808+5.642%Hotstuff2.9808+5.642%Paradex2.9814+5.662%GMX2.9815+5.667%Ondo Perps2.9816+5.671%Lighter2.9820+5.685%
Vest
Bitget
BloFin
OKX
KuCoin
ApeX Omni
Orderly
Extended
Variational Omni
tradeXYZ
Pacifica
Hotstuff
Paradex
GMX
Ondo Perps
LighterQFEX2.9820+5.685%
Phemex2.9820+5.685%
PhemexBinance2.9823+5.697%
SunX2.9831+5.724%Kraken Futures2.9832+5.726%HTX2.9832+5.727%Gate2.9840+5.756%Aster2.9841+5.760%
SunX
Kraken Futures
HTX
Gate
AsterNATGAS 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 | −5.379% | L 0.0000% / S 0.0000% | 1h | — | — | — | as long as short |
| Vest NG-PERP | −5.298% | +0.0046% | 1h | — | $378 | 10x | as long as short |
| Bitget NATGASUSDT | −0.101% | +0.0726% | 4h | $9.9M | $4.2M | 100x | as long as short |
| BloFin NG-USDT | −0.101% | +0.0262% | 8h | $86K | $189K | 20x | as long as short |
| OKX NG-USDT-SWAP | −0.067% | +0.0251% | 8h | $885K | $1.8M | 50x | as long as short |
| KuCoin NATGASUSDTM | −0.067% | +0.0100% | 4h | $1.1M | $1.1M | 20x | as long as short |
| ApeX Omni NATGASUSDT | −0.067% | +0.0100% | 1h | $36K | $216K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | −0.067% | +0.0100% | 8h | $3K | $278 | 10x | as long as short |
| Extended XNG-USD | −0.061% | +0.0032% | 1h | $104K | $1.3M | 5x | as long as short |
| edgeX NATGASUSDC | −0.047% | +0.0232% | 4h | $85K | $213K | 20x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni NATGAS | −0.047% | +0.0197% | 4h | $656K | $147K | — | as long as short |
| tradeXYZ xyz:NATGAS | −0.040% | +0.0069% | 1h | $5.8M | $6.5M | 10x | as long as short |
| Pacifica NATGAS | −0.040% | +0.0100% | 1h | $80K | $22K | 10x | as long as short |
| Hotstuff NATGAS-PERP | −0.040% | −0.0040% | 1h | $35K | — | 20x | as long as short |
| Paradex NG-USD-PERP | −0.021% | +0.0054% | 8h | $5K | — | 5x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | −0.017% | L +0.0412% / S −0.0333% | 1h | $93K | — | 45x | as long as short |
| Ondo Perps NATGAS-USD.P | −0.013% | +0.0050% | 1h | $83K | $69K | 10x | as long as short |
| Lighter NATGAS | 0.000% | +0.0032% | 1h | $614K | $416K | 10x | as long as short |
| QFEX NATGAS-USDlong | 0.000% | +0.0002% | 1h | $654K | $99K | 20x | |
| Phemex NGUSDT | 0.000% | +0.0100% | 4h | $1.5M | $95K | 10x | as long as short |
| Binance NATGASUSDTshort | +0.011% | +0.0249% | 4h | $10.0M | $31.7M | 100x | |
| SunX NATGAS-USDT | +0.037% | 0.0000% | 4h | $2K | $2.6M | 20x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.039% | +0.0425% | 1h | $52K | $56K | 20x | as long as short |
| HTX NATGAS-USDT | +0.040% | 0.0000% | 4h | $97K | $224K | 75x | as long as short |
| Gate NG_USDT | +0.067% | +0.0329% | 8h | $1.5M | $383K | 100x | as long as short |
| Aster NATGASUSDT | +0.071% | +0.0150% | 4h | $263K | $104K | 50x | as long as short |