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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.014%
Price spread now: Vest against SunX−0.073%49s7-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 0.073% cheaper against SunX than usual: you would sell low and buy high (spread −0.073% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 5.3 days of funding at the current rate (+$1 a day). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX NATGAS-USDT3.00920get 0.0000% / 4h1h 23m$2K$2.4M20x
ShortVest NG-PERP3.00700.0046get 0.0006% / 1h23m 33s$14K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against SunX. 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
$9.59
Price spread: −0.073% → 0.000%
−$7.31
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Vest: 1 bp × 2 orders
−$2
Net
−$7.72
Costs to cover
0.100%
Break-even
12.6 days
Slippage unknown: SunX: live order book, 3 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 SunX live order book, 3 min ago15.12 bp19.5 bp −$20doesn't fitdoesn't fitdoesn'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%1h2.8461−5.420%as long as short
SunX NATGAS-USDTlong0.0000%4h3.0092long leg$2K$2.4M20x
QFEX NATGAS-USD+0.0002%1h3.0070−0.073%$660K$96K20xas long as short
Lighter NATGAS+0.0032%1h3.0080−0.040%$630K$502K10xas long as short
Extended XNG-USD+0.0032%1h3.0065−0.088%$111K$283K5xas long as short
Vest NG-PERPshort+0.0046%1h3.0070−0.073%$14K10x
tradeXYZ xyz:NATGAS+0.0050%1h3.0068−0.080%$6.0M$5.4M10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0056−0.120%$83K$26K10xas long as short
Paradex NG-USD-PERP+0.0055%8h3.0088−0.013%$5K5xas long as short
HTX NATGAS-USDT+0.0055%4h3.0087−0.017%$107K$201K75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NATGAS+0.0100%1h3.0053−0.130%$68K$33K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0100+0.027%$37K$217K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0100+0.027%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0070−0.073%$1.5M$93K10xas long as short
GRVT NATGAS_USDT_Perp+0.0152%4h3.0064−0.093%$22K$210K25xas long as short
Hotstuff NATGAS-PERP+0.0184%1h3.0072−0.066%$35K20xas long as short
KuCoin NATGASUSDTM+0.0256%4h3.0050−0.140%$1.0M$915K20xas long as short
Aster NATGASUSDT+0.0281%4h3.0091−0.003%$265K$70K50xas long as short
Variational Omni NATGAS+0.0508%4h3.0070−0.074%$319K$393Kas long as short
Binance NATGASUSDT+0.0523%4h3.0070−0.073%$10.3M$28.6M100xas long as short
edgeX NATGASUSDC+0.0547%4h3.0070−0.074%$85K$211K20xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0553% / S −0.0560%1h3.0075−0.056%$88K45xas long as short
Gate NG_USDT+0.0624%8h3.0090−0.007%$1.5M$196K100xas long as short
BloFin NG-USDT+0.0630%8h3.0050−0.140%$83K$198K20xas long as short
OKX NG-USDT-SWAP+0.0654%8h3.0080−0.040%$877K$1.8M50xas long as short
Bitget NATGASUSDT+0.0954%4h3.0040−0.173%$9.9M$3.1M100xas long as short
Kraken Futures PF_NATGASUSD+0.0986%1h3.0086−0.019%$56K$35K20xas long as short