Funding you earn now, next payment 03:00 UTC−0.0054%/8h= −5.9% APRpaid last 24h −0.016%
Price spread now: Vest against Phemex−0.033%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Vest is 0.033% cheaper against Phemex 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex NGUSDT | 3.0010 | 0.0100 | pay 0.0050% / 4h | 1h 01m | $1.5M | $95K | 10x |
| Short | Vest NG-PERP | 3.0000 | 0.0046 | get 0.0006% / 1h | 1m 54s | — | $378 | 10x |
Phemex NGUSDT
Vest NG-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against Phemex. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
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 Phemex: 6 bp × 2 orders
- −$12
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$28.74
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Phemex: live order book, 1 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Phemex live order book, 1 min ago | 3.33 bp | 34.6 bp −$35 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0031 | +0.070% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0019% | 1h | 3.0000 | −0.033% | $658K | $85K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0008 | −0.007% | $618K | $495K | 10x | as long as short |
| Hotstuff NATGAS-PERP | +0.0032% | 1h | 3.0008 | −0.007% | $35K | — | 20x | as long as short |
| Vest NG-PERPshort | +0.0046% | 1h | 3.0000 | −0.033% | — | $378 | 10x | |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0028 | +0.060% | $82K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0060% | 8h | 3.0016 | +0.021% | $5K | — | 5x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0092% | 1h | 3.0007 | −0.010% | $6.0M | $5.9M | 10x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 2.9979 | −0.104% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.033% | $37K | $215K | 50x | as long as short |
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Hotstuff NATGAS-PERP
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
tradeXYZ xyz:NATGAS
Pacifica NATGAS
ApeX Omni NATGASUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.033% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDTlong | +0.0100% | 4h | 3.0010 | long leg | $1.5M | $95K | 10x | |
| Extended XNG-USD | +0.0128% | 1h | 2.9997 | −0.044% | $110K | $445K | 5x | as long as short |
| HTX NATGAS-USDT | +0.0240% | 4h | 3.0022 | +0.040% | $105K | $216K | 75x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0384% | 4h | 2.9997 | −0.044% | $25K | $227K | 25x | as long as short |
| KuCoin NATGASUSDTM | +0.0386% | 4h | 2.9990 | −0.067% | $1.1M | $1.1M | 20x | as long as short |
| Aster NATGASUSDT | +0.0408% | 4h | 3.0002 | −0.025% | $265K | $73K | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0442% / S −0.0381% | 1h | 3.0015 | +0.017% | $92K | — | 45x | as long as short |
| Gate NG_USDT | +0.0458% | 8h | 3.0040 | +0.100% | $1.5M | $211K | 100x | as long as short |
| BloFin NG-USDT | +0.0475% | 8h | 2.9990 | −0.067% | $80K | $188K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0478% | 8h | 3.0000 | −0.033% | $852K | $1.7M | 50x | as long as short |
| Variational Omni NATGAS | +0.0586% | 4h | 2.9999 | −0.036% | $311K | $444K | — | as long as short |
| edgeX NATGASUSDC | +0.0617% | 4h | 2.9999 | −0.036% | $85K | $213K | 20x | as long as short |
| Binance NATGASUSDT | +0.0621% | 4h | 3.0016 | +0.019% | $10.2M | $28.9M | 100x | as long as short |
| Bitget NATGASUSDT | +0.0994% | 4h | 2.9980 | −0.100% | $9.9M | $3.4M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1109% | 1h | 3.0026 | +0.055% | $53K | $34K | 20x | as long as short |
Orderly PERP_NATGAS_USDC_mythos
Extended XNG-USD
HTX NATGAS-USDT
GRVT NATGAS_USDT_Perp
KuCoin NATGASUSDTM
Aster NATGASUSDT
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
BloFin NG-USDT
OKX NG-USDT-SWAP
Variational Omni NATGAS
edgeX NATGASUSDC
Binance NATGASUSDT
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD