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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0538%/8h= −58.9% APRpaid last 24h −0.104%
Price spread now: Vest against edgeX−0.030%63s7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropedgeX: Active · Vest: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Vest is 0.030% cheaper against edgeX than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX NATGASUSDC3.00190.0584pay 0.0292% / 4h1h 26m$85K$211K20x
ShortVest NG-PERP3.00100.0046get 0.0006% / 1h26m 25s$37810x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against edgeX. 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
−$112.99
Price spread: −0.030% → 0.000%
−$2.95
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Vest: 1 bp × 2 orders
−$2
Net
−$126.94
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: edgeX: live order book, 35 min ago; Vest: 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 edgeX live order book, 35 min ago13.34 bp33.4 bp −$3342.3 bp −$423doesn't fitdoesn't fit
Sell Vest no order-book sample
Vest: 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%1h2.8439−5.263%as long as short
SunX NATGAS-USDT0.0000%4h3.0041+0.074%$2K$2.4M20xas long as short
QFEX NATGAS-USD+0.0019%1h3.0010−0.030%$659K$85K20xas long as short
Lighter NATGAS+0.0032%1h3.0015−0.013%$619K$494K10xas long as short
Vest NG-PERPshort+0.0046%1h3.0010−0.030%$37810x
Ondo Perps NATGAS-USD.P+0.0050%1h3.0007−0.039%$82K$26K10xas long as short
Paradex NG-USD-PERP+0.0067%8h3.0029+0.032%$5K5xas long as short
Hotstuff NATGAS-PERP+0.0080%1h3.0015−0.013%$35K20xas long as short
tradeXYZ xyz:NATGAS+0.0099%1h3.0008−0.036%$6.0M$5.9M10xas long as short
Pacifica NATGAS+0.0100%1h3.0013−0.020%$68K$33K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni NATGASUSDT+0.0100%1h3.0100+0.270%$37K$216K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.063%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0030+0.037%$1.5M$95K10xas long as short
Extended XNG-USD+0.0104%1h3.0002−0.057%$110K$444K5xas long as short
HTX NATGAS-USDT+0.0247%4h3.0032+0.044%$101K$214K75xas long as short
KuCoin NATGASUSDTM+0.0348%4h3.0010−0.030%$1.1M$1.1M20xas long as short
Aster NATGASUSDT+0.0367%4h3.0016−0.009%$265K$73K50xas long as short
GRVT NATGAS_USDT_Perp+0.0400%4h3.0019+0.001%$12K$214K25xas long as short
OKX NG-USDT-SWAP+0.0431%8h3.0020+0.004%$853K$1.7M50xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0434% / S −0.0372%1h3.0025+0.020%$92K45xas long as short
Gate NG_USDT+0.0441%8h3.0070+0.170%$1.5M$209K100xas long as short
BloFin NG-USDT+0.0450%8h2.9990−0.096%$81K$188K20xas long as short
Variational Omni NATGAS+0.0532%4h3.00190.000%$311K$444Kas long as short
Binance NATGASUSDT+0.0583%4h3.0024+0.018%$10.2M$28.9M100xas long as short
edgeX NATGASUSDClong+0.0584%4h3.0019long leg$85K$211K20x
Bitget NATGASUSDT+0.0954%4h3.0000−0.063%$9.9M$3.4M100xas long as short
Kraken Futures PF_NATGASUSD+0.1109%1h3.0035+0.053%$54K$34K20xas long as short