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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0432%/8h= −47.3% APRpaid last 24h −0.097%
Price spread now: Vest against Variational Omni−0.003%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 airdropVariational Omni: Active · Vest: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$13 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni NATGAS2.99310.0478pay 0.0239% / 4h1h 04m$311K$444K
ShortVest NG-PERP2.99300.0046get 0.0006% / 1h4m 20s$37810x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Variational Omni. 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
−$90.73
Price spread: −0.003% → 0.000%
−$0.32
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Vest: 1 bp × 2 orders
−$2
Net
−$93.05
Costs to cover
0.020%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 15 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 Variational Omni RFQ quote, 15 min ago4.49 bpdoesn't fit17.0 bp −$170doesn'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%1h2.8281−5.513%as long as short
SunX NATGAS-USDT0.0000%4h2.9952+0.070%$2K$2.6M20xas long as short
Lighter NATGAS+0.0032%1h2.9936+0.017%$619K$411K10xas long as short
Vest NG-PERPshort+0.0046%1h2.9930−0.003%$37810x
Ondo Perps NATGAS-USD.P+0.0050%1h2.9950+0.064%$84K$45K10xas long as short
tradeXYZ xyz:NATGAS+0.0056%1h2.9920−0.037%$5.9M$6.0M10xas long as short
Paradex NG-USD-PERP+0.0098%8h2.9930−0.002%$5K5xas long as short
Pacifica NATGAS+0.0100%1h2.9916−0.049%$68K$34K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h2.9900−0.103%$36K$216K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h2.9900−0.103%$3K$54410xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex NGUSDT+0.0100%4h2.9930−0.003%$1.5M$99K10xas long as short
KuCoin NATGASUSDTM+0.0106%4h2.9920−0.037%$1.0M$1.2M20xas long as short
HTX NATGAS-USDT+0.0144%4h2.9954+0.077%$98K$215K75xas long as short
QFEX NATGAS-USD+0.0160%1h2.9930−0.003%$657K$86K20xas long as short
Hotstuff NATGAS-PERP+0.0184%1h2.9928−0.010%$35K20xas long as short
Gate NG_USDT+0.0221%8h2.9960+0.097%$1.5M$307K100xas long as short
OKX NG-USDT-SWAP+0.0278%8h2.9930−0.003%$856K$1.7M50xas long as short
GRVT NATGAS_USDT_Perp+0.0286%4h2.9938+0.023%$13K$246K25xas long as short
BloFin NG-USDT+0.0308%8h2.9930−0.003%$80K$189K20xas long as short
Extended XNG-USD+0.0320%1h2.9915−0.054%$110K$471K5xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0406% / S −0.0333%1h2.9935+0.014%$93K45xas long as short
Aster NATGASUSDT+0.0442%4h2.9939+0.028%$265K$105K50xas long as short
Variational Omni NATGASlong+0.0478%4h2.9931long leg$311K$444K
Kraken Futures PF_NATGASUSD+0.0515%1h2.9949+0.060%$52K$42K20xas long as short
Binance NATGASUSDT+0.0539%4h2.9934+0.012%$10.1M$30.4M100xas long as short
edgeX NATGASUSDC+0.0579%4h2.99310.000%$85K$212K20xas long as short
Bitget NATGASUSDT+0.0700%4h2.9900−0.103%$10.0M$3.9M100xas long as short