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−0.0054%/8h= −5.9% APRnext payment $0.07 per $10,000 · paid last 24h −0.016%
Price spread now: Vest against Pacifica+0.030%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 airdropPacifica: Active · Vest: Active · farm boardneeds both histories
The price spread pays, funding is against you. Vest is 0.030% dearer against Pacifica than usual: you sell high and buy low (spread +0.030% 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 44 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica NATGAS3.00110.0100pay 0.0013% / 1h47m 11s$68K$33K10x
ShortVest NG-PERP3.00200.0046get 0.0006% / 1h47m 11s$14K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Pacifica. 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: +0.030% → 0.000%
$3
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Vest: 1 bp × 2 orders
−$2
Net
−$18.41
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Pacifica: 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 Pacifica no order-book sample
Sell Vest no order-book sample
Pacifica 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 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%1h2.8414−5.321%as long as short
SunX NATGAS-USDT0.0000%4h3.0062+0.170%$2K$2.4M20xas long as short
QFEX NATGAS-USD+0.0009%1h3.0040+0.097%$669K$91K20xas long as short
Lighter NATGAS+0.0032%1h3.0002−0.030%$626K$499K10xas long as short
Extended XNG-USD+0.0032%1h3.0002−0.030%$110K$407K5xas long as short
Hotstuff NATGAS-PERP+0.0040%1h3.0043+0.107%$35K20xas long as short
Vest NG-PERPshort+0.0046%1h3.0020+0.030%$14K10x
Ondo Perps NATGAS-USD.P+0.0050%1h3.0030+0.063%$82K$26K10xas long as short
Paradex NG-USD-PERP+0.0073%8h3.0073+0.207%$5K5xas long as short
tradeXYZ xyz:NATGAS+0.0091%1h3.0012+0.003%$6.0M$5.7M10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NATGASlong+0.0100%1h3.0011long leg$68K$33K10x
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.037%$37K$217K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.037%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0030+0.063%$1.5M$93K10xas long as short
KuCoin NATGASUSDTM+0.0326%4h3.0020+0.030%$1.0M$1.0M20xas long as short
Aster NATGASUSDT+0.0371%4h3.0030+0.063%$264K$74K50xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0470% / S −0.0412%1h3.0025+0.047%$92K45xas long as short
Gate NG_USDT+0.0522%8h3.0060+0.163%$1.5M$192K100xas long as short
BloFin NG-USDT+0.0527%8h3.0050+0.130%$81K$192K20xas long as short
OKX NG-USDT-SWAP+0.0549%8h3.0030+0.063%$863K$1.7M50xas long as short
Variational Omni NATGAS+0.0561%4h3.0040+0.096%$317K$449Kas long as short
HTX NATGAS-USDT+0.0581%4h3.0055+0.147%$107K$214K75xas long as short
edgeX NATGASUSDC+0.0588%4h3.0049+0.127%$85K$213K20xas long as short
Binance NATGASUSDT+0.0596%4h3.0030+0.063%$10.2M$28.5M100xas long as short
GRVT NATGAS_USDT_Perp+0.0622%4h3.0040+0.097%$25K$218K25xas long as short
Kraken Futures PF_NATGASUSD+0.0856%1h3.0035+0.080%$54K$33K20xas long as short
Bitget NATGASUSDT+0.0984%4h2.9990−0.070%$9.9M$3.2M100xas long as short