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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0414%/8h= −45.4% APRpaid last 24h −0.043%
Price spread now: Vest against GRVT−0.033%7-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 airdropGRVT: Active · Vest: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Vest is 0.033% cheaper against GRVT 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT NATGAS_USDT_Perp3.00200.0460pay 0.0230% / 4h3h 18m$13K$223K25x
ShortVest NG-PERP3.00100.0046get 0.0006% / 1h18m 43s$14K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against GRVT. 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
−$87.01
Price spread: −0.033% → 0.000%
−$3.33
Slippage, 4 orders
no order book: not counted
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Vest: 1 bp × 2 orders
−$2
Net
−$101.34
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: GRVT: live order book, 34 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 GRVT live order book, 34 min ago1.66 bp12.1 bp −$1231.2 bp −$312doesn'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 26 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
SunX NATGAS-USDT0.0000%4h3.0052+0.107%$2K$2.4M20xas long as short
QFEX NATGAS-USD+0.0009%1h3.00200.000%$669K$91K20xas long as short
Hotstuff NATGAS-PERP+0.0024%1h3.0016−0.013%$35K20xas long as short
Lighter NATGAS+0.0032%1h3.0031+0.037%$628K$502K10xas long as short
Vest NG-PERPshort+0.0046%1h3.0010−0.033%$14K10x
Ondo Perps NATGAS-USD.P+0.0050%1h3.0047+0.090%$82K$26K10xas long as short
Paradex NG-USD-PERP+0.0077%8h3.0066+0.152%$5K5xas long as short
tradeXYZ xyz:NATGAS+0.0090%1h3.0030+0.033%$6.0M$5.6M10xas long as short
Pacifica NATGAS+0.0100%1h3.0021+0.003%$68K$33K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0100+0.266%$37K$218K50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.067%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0030+0.033%$1.5M$93K10xas long as short
Extended XNG-USD+0.0160%1h3.0022+0.008%$110K$365K5xas long as short
KuCoin NATGASUSDTM+0.0364%4h3.00200.000%$1.0M$991K20xas long as short
Aster NATGASUSDT+0.0409%4h3.0056+0.120%$264K$74K50xas long as short
GRVT NATGAS_USDT_Perplong+0.0460%4h3.0020long leg$13K$223K25x
GMX NATGAS/USD [ETH-USDC]L +0.0485% / S −0.0428%1h3.0035+0.050%$92K45xas long as short
HTX NATGAS-USDT+0.0527%4h3.0074+0.180%$107K$211K75xas long as short
Gate NG_USDT+0.0549%8h3.0070+0.167%$1.5M$193K100xas long as short
OKX NG-USDT-SWAP+0.0588%8h3.0030+0.033%$866K$1.7M50xas long as short
BloFin NG-USDT+0.0600%8h3.00200.000%$81K$194K20xas long as short
Variational Omni NATGAS+0.0612%4h3.0030+0.032%$317K$439Kas long as short
edgeX NATGASUSDC+0.0639%4h3.0030+0.032%$85K$213K20xas long as short
Binance NATGASUSDT+0.0640%4h3.0046+0.088%$10.3M$28.2M100xas long as short
Kraken Futures PF_NATGASUSD+0.0855%1h3.0046+0.087%$56K$35K20xas long as short
Bitget NATGASUSDT+0.1010%4h3.0010−0.033%$9.9M$3.2M100xas long as short