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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0078%/8h= +8.6% APRnext payment +$0.10 per $10,000 · paid last 24h +0.025%
Price spread now: Pacifica against QFEX+0.017%7-day average · you sell dearer than you buy
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 4 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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX NATGAS-USD3.00400.0022pay 0.0003% / 1h36m 30s$659K$85K20x
ShortPacifica NATGAS3.00450.0100get 0.0013% / 1h36m 30s$68K$33K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against QFEX. 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
$16.48
Price spread: +0.017% → 0.000%
$1.66
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$0.15
Costs to cover
0.180%
Break-even
6.9 days
Slippage unknown: QFEX: live order book, 73 min ago; Pacifica: 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 QFEX live order book, 73 min ago1.67 bp9.9 bp −$1010.0 bp −$10014.8 bp −$1,481doesn't fit
Sell Pacifica no order-book sample
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 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%1h2.8469−5.230%as long as short
SunX NATGAS-USDT0.0000%4h3.0072+0.107%$2K$2.4M20xas long as short
QFEX NATGAS-USDlong+0.0022%1h3.0040long leg$659K$85K20x
Lighter NATGAS+0.0032%1h3.0050+0.033%$619K$494K10xas long as short
Extended XNG-USD+0.0032%1h3.0037−0.011%$110K$434K5xas long as short
Hotstuff NATGAS-PERP+0.0040%1h3.0050+0.033%$35K20xas long as short
Vest NG-PERP+0.0046%1h3.0050+0.033%$14K10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0080+0.133%$83K$26K10xas long as short
Paradex NG-USD-PERP+0.0056%8h3.0056+0.053%$5K5xas long as short
Pacifica NATGASshort+0.0100%1h3.0045+0.017%$68K$33K10x
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.133%$37K$216K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.133%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0050+0.033%$1.5M$94K10xas long as short
tradeXYZ xyz:NATGAS+0.0108%1h3.0050+0.033%$6.0M$5.9M10xas long as short
HTX NATGAS-USDT+0.0214%4h3.0073+0.110%$105K$212K75xas long as short
GRVT NATGAS_USDT_Perp+0.0344%4h3.0050+0.033%$25K$227K25xas long as short
KuCoin NATGASUSDTM+0.0366%4h3.00400.000%$1.1M$1.0M20xas long as short
Aster NATGASUSDT+0.0406%4h3.0042+0.007%$266K$73K50xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0448% / S −0.0387%1h3.0055+0.050%$92K45xas long as short
Gate NG_USDT+0.0455%8h3.0080+0.133%$1.5M$192K100xas long as short
BloFin NG-USDT+0.0466%8h3.0050+0.033%$80K$189K20xas long as short
OKX NG-USDT-SWAP+0.0485%8h3.0050+0.033%$855K$1.7M50xas long as short
Variational Omni NATGAS+0.0594%4h3.0059+0.065%$312K$444Kas long as short
edgeX NATGASUSDC+0.0618%4h3.0060+0.065%$85K$212K20xas long as short
Binance NATGASUSDT+0.0622%4h3.0054+0.048%$10.2M$28.6M100xas long as short
Kraken Futures PF_NATGASUSD+0.0993%1h3.0065+0.082%$54K$34K20xas long as short
Bitget NATGASUSDT+0.1002%4h3.0020−0.067%$9.9M$3.3M100xas long as short