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+0.0037%/8h= +4.0% APRnext payment +$0.05 per $10,000 · paid last 24h +0.008%
Price spread now: Vest against QFEX−0.067%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 airdropVest: Active · farm boardneeds both histories
Funding pays, the price is against you. Vest is 0.067% cheaper against QFEX than usual: you would sell low and buy high (spread −0.067% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 6.0 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX NATGAS-USD3.00500.0009pay 0.0001% / 1h16m 47s$659K$96K20x
ShortVest NG-PERP3.00300.0046get 0.0006% / 1h16m 47s$14K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against QFEX. 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
$7.76
Price spread: −0.067% → 0.000%
−$6.66
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee Vest: 1 bp × 2 orders
−$2
Net
−$10.89
Costs to cover
0.120%
Break-even
16.8 days
Slippage unknown: QFEX: live order book, 13 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 QFEX live order book, 13 min ago3.33 bp8.3 bp −$88.3 bp −$8312.4 bp −$1,236doesn'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%1h2.8446−5.338%as long as short
SunX NATGAS-USDT0.0000%4h3.0082+0.106%$2K$2.4M20xas long as short
QFEX NATGAS-USDlong+0.0009%1h3.0050long leg$659K$96K20x
Lighter NATGAS+0.0032%1h3.0044−0.020%$629K$503K10xas long as short
Hotstuff NATGAS-PERP+0.0032%1h3.0046−0.013%$35K20xas long as short
Vest NG-PERPshort+0.0046%1h3.0030−0.067%$14K10x
Ondo Perps NATGAS-USD.P+0.0050%1h3.0047−0.010%$83K$26K10xas long as short
Paradex NG-USD-PERP+0.0085%8h3.0082+0.108%$5K5xas long as short
tradeXYZ xyz:NATGAS+0.0090%1h3.0046−0.013%$6.0M$5.7M10xas long as short
Pacifica NATGAS+0.0100%1h3.0042−0.027%$68K$33K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.166%$37K$218K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.166%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.00500.000%$1.5M$92K10xas long as short
Extended XNG-USD+0.0176%1h3.0032−0.058%$110K$365K5xas long as short
KuCoin NATGASUSDTM+0.0366%4h3.0020−0.100%$1.0M$990K20xas long as short
Aster NATGASUSDT+0.0414%4h3.0060+0.033%$264K$74K50xas long as short
GRVT NATGAS_USDT_Perp+0.0460%4h3.0020−0.100%$13K$223K25xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0485% / S −0.0428%1h3.0065+0.050%$92K45xas long as short
HTX NATGAS-USDT+0.0538%4h3.0073+0.077%$107K$211K75xas long as short
Gate NG_USDT+0.0551%8h3.0090+0.133%$1.5M$193K100xas long as short
OKX NG-USDT-SWAP+0.0593%8h3.0060+0.033%$867K$1.7M50xas long as short
Variational Omni NATGAS+0.0612%4h3.0030−0.067%$317K$439Kas long as short
BloFin NG-USDT+0.0612%8h3.0020−0.100%$82K$194K20xas long as short
edgeX NATGASUSDC+0.0639%4h3.0030−0.067%$85K$213K20xas long as short
Binance NATGASUSDT+0.0645%4h3.0060+0.033%$10.3M$28.2M100xas long as short
Kraken Futures PF_NATGASUSD+0.0854%1h3.0077+0.090%$56K$35K20xas long as short
Bitget NATGASUSDT+0.1018%4h3.0010−0.133%$9.9M$3.2M100xas long as short