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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0054%/8h= −5.9% APRpaid last 24h −0.016%
Price spread now: Vest against Orderly+0.033%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · farm boardneeds both histories
The price spread pays, funding is against you. Vest is 0.033% dearer against Orderly than usual: you sell high and buy low (spread +0.033% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.0 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_NATGAS_USDC_mythos3.00000.0100pay 0.0100% / 8h6h 17m$3K$54410x
ShortVest NG-PERP3.00100.0046get 0.0006% / 1h17m 37s$37810x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Orderly. 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
−$11.41
Price spread: +0.033% → 0.000%
$3.33
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Vest: 1 bp × 2 orders
−$2
Net
−$16.07
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; 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 Orderly no order-book sample
Sell Vest no order-book sample
Orderly and 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
gTrade (Gains Network) NATGAS/USDL 0.0000% / S 0.0000%1h2.8379−5.403%as long as short
SunX NATGAS-USDT0.0000%4h3.0032+0.107%$2K$2.5M20xas long as short
QFEX NATGAS-USD+0.0019%1h3.0010+0.033%$658K$86K20xas long as short
Hotstuff NATGAS-PERP+0.0024%1h3.0006+0.020%$35K20xas long as short
Lighter NATGAS+0.0032%1h3.0020+0.067%$618K$445K10xas long as short
Vest NG-PERPshort+0.0046%1h3.0010+0.033%$37810x
tradeXYZ xyz:NATGAS+0.0050%1h3.0006+0.020%$5.9M$5.9M10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h2.9998−0.007%$82K$27K10xas long as short
Paradex NG-USD-PERP+0.0074%8h3.0018+0.060%$5K5xas long as short
Extended XNG-USD+0.0080%1h2.9997−0.008%$110K$449K5xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NATGAS+0.0100%1h3.0004+0.013%$68K$33K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.00000.000%$37K$218K50xas long as short
Orderly PERP_NATGAS_USDC_mythoslong+0.0100%8h3.0000long leg$3K$54410x
Phemex NGUSDT+0.0100%4h3.0010+0.033%$1.5M$95K10xas long as short
KuCoin NATGASUSDTM+0.0166%4h3.0010+0.033%$1.0M$1.1M20xas long as short
Aster NATGASUSDT+0.0230%4h3.0008+0.028%$265K$73K50xas long as short
HTX NATGAS-USDT+0.0278%4h3.0028+0.093%$98K$212K75xas long as short
OKX NG-USDT-SWAP+0.0358%8h3.00000.000%$859K$1.7M50xas long as short
Variational Omni NATGAS+0.0370%4h3.0009+0.031%$311K$444Kas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0422% / S −0.0359%1h3.0025+0.083%$92K45xas long as short
GRVT NATGAS_USDT_Perp+0.0434%4h3.0016+0.054%$12K$214K25xas long as short
Gate NG_USDT+0.0435%8h3.0040+0.133%$1.5M$219K100xas long as short
Binance NATGASUSDT+0.0438%4h3.0018+0.061%$10.2M$29.1M100xas long as short
edgeX NATGASUSDC+0.0445%4h3.0012+0.041%$85K$212K20xas long as short
Bitget NATGASUSDT+0.0694%4h2.9980−0.067%$9.9M$3.4M100xas long as short
Kraken Futures PF_NATGASUSD+0.0825%1h3.0031+0.104%$53K$38K20xas long as short