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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.02 per $10,000 · paid last 24h +0.004%
Price spread now: Vest against Lighter+0.007%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 airdropLighter: Season 3 · Vest: 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: $0 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter NATGAS2.99680.0032pay 0.0004% / 1h57m 29s$632K$481K10x
ShortVest NG-PERP2.99700.0046get 0.0006% / 1h57m 29s$14K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Lighter. 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
$2.87
Price spread: +0.007% → 0.000%
$0.67
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Vest: 1 bp × 2 orders
−$2
Net
$1.54
Costs to cover
0.020%
Break-even
3.2 days
Slippage unknown: Lighter: live order book, 28 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 Lighter live order book, 28 min ago1.17 bp1.2 bp −$112.2 bp −$12284.5 bp −$8,450doesn'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%1h2.8324−5.486%as long as short
SunX NATGAS-USDT0.0000%4h2.9961−0.023%$2K$2.1M20xas long as short
QFEX NATGAS-USD+0.0024%1h2.9970+0.007%$660K$98K20xas long as short
Lighter NATGASlong+0.0032%1h2.9968long leg$632K$481K10x
Extended XNG-USD+0.0032%1h2.9967−0.004%$112K$259K5xas long as short
Vest NG-PERPshort+0.0046%1h2.9970+0.007%$14K10x
Hotstuff NATGAS-PERP+0.0048%1h2.9973+0.017%$35K20xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h2.9961−0.023%$6.0M$5.6M10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h2.9973+0.017%$84K$28K10xas long as short
HTX NATGAS-USDT+0.0063%4h2.9946−0.073%$118K$221K75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex NG-USD-PERP+0.0076%8h2.9975+0.024%$5K5xas long as short
Pacifica NATGAS+0.0100%1h2.9956−0.040%$70K$33K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h2.9900−0.227%$36K$214K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h2.9900−0.227%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h2.9950−0.060%$1.5M$92K10xas long as short
Aster NATGASUSDT+0.0215%4h2.9950−0.061%$264K$68K50xas long as short
KuCoin NATGASUSDTM+0.0228%4h2.9960−0.027%$1.1M$851K20xas long as short
Gate NG_USDT+0.0247%8h2.9990+0.073%$1.5M$198K100xas long as short
GRVT NATGAS_USDT_Perp+0.0282%4h2.9946−0.072%$20K$205K25xas long as short
Kraken Futures PF_NATGASUSD+0.0298%1h2.9939−0.096%$53K$45K20xas long as short
Variational Omni NATGAS+0.0405%4h2.9949−0.062%$355K$429Kas long as short
Binance NATGASUSDT+0.0408%4h2.9960−0.027%$9.8M$31.5M100xas long as short
edgeX NATGASUSDC+0.0438%4h2.9959−0.029%$85K$211K20xas long as short
OKX NG-USDT-SWAP+0.0493%8h2.9940−0.093%$812K$1.9M50xas long as short
BloFin NG-USDT+0.0502%8h2.9950−0.060%$77K$197K20xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0586% / S −0.0602%1h2.9945−0.077%$88K45xas long as short
Bitget NATGASUSDT+0.0856%4h2.9940−0.093%$9.9M$3.0M100xas long as short