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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.07 per $10,000 · paid last 24h +0.016%
Price spread now: ApeX Omni against Vest−0.200%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. ApeX Omni is 0.200% cheaper against Vest than usual: you would sell low and buy high (spread −0.200% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$20 on $10k: about 12 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest NG-PERP3.00600.0046pay 0.0006% / 1h44m 42s$14K10x
ShortApeX Omni NATGASUSDT3.00000.0100get 0.0013% / 1h44m 42s$37K$218K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Vest. 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: −0.200% → 0.000%
−$19.96
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$20.55
Costs to cover
0.120%
Break-even
19.6 days
Slippage unknown: Vest: no order-book sample; ApeX Omni: live order book, 1 min ago. 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 Vest no order-book sample
Sell ApeX Omni live order book, 1 min ago16.64 bp55.2 bp −$55274.8 bp −$2,748doesn't fitdoesn't fit
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%1h2.8446−5.369%as long as short
SunX NATGAS-USDT0.0000%4h3.0082+0.073%$2K$2.4M20xas long as short
Lighter NATGAS+0.0032%1h3.0054−0.020%$629K$503K10xas long as short
QFEX NATGAS-USD+0.0033%1h3.0050−0.033%$660K$96K20xas long as short
Vest NG-PERPlong+0.0046%1h3.0060long leg$14K10x
Extended XNG-USD+0.0048%1h3.0048−0.040%$110K$364K5xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0042−0.060%$82K$26K10xas long as short
Paradex NG-USD-PERP+0.0079%8h3.0076+0.052%$5K5xas long as short
Hotstuff NATGAS-PERP+0.0096%1h3.0062+0.007%$35K20xas long as short
Pacifica NATGAS+0.0100%1h3.0034−0.086%$68K$33K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni NATGASUSDTshort+0.0100%1h3.0000−0.200%$37K$218K50x
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.200%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.00600.000%$1.5M$92K10xas long as short
tradeXYZ xyz:NATGAS+0.0129%1h3.0059−0.003%$6.0M$5.6M10xas long as short
HTX NATGAS-USDT+0.0369%4h3.0072+0.040%$107K$212K75xas long as short
KuCoin NATGASUSDTM+0.0382%4h3.0050−0.033%$1.0M$973K20xas long as short
GRVT NATGAS_USDT_Perp+0.0390%4h3.0045−0.049%$13K$224K25xas long as short
Aster NATGASUSDT+0.0429%4h3.0054−0.021%$264K$74K50xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0504% / S −0.0449%1h3.0065+0.017%$92K45xas long as short
Gate NG_USDT+0.0578%8h3.0100+0.133%$1.5M$193K100xas long as short
Variational Omni NATGAS+0.0637%4h3.0050−0.034%$317K$449Kas long as short
BloFin NG-USDT+0.0639%8h3.0050−0.033%$82K$195K20xas long as short
OKX NG-USDT-SWAP+0.0643%8h3.00600.000%$869K$1.7M50xas long as short
Binance NATGASUSDT+0.0662%4h3.0064+0.014%$10.3M$28.2M100xas long as short
edgeX NATGASUSDC+0.0682%4h3.0050−0.034%$85K$213K20xas long as short
Bitget NATGASUSDT+0.1028%4h3.0030−0.100%$9.9M$3.2M100xas long as short
Kraken Futures PF_NATGASUSD+0.1181%1h3.0083+0.077%$56K$35K20xas long as short