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+0.0594%/8h= +65.0% APRpaid last 24h +0.117%
Price spread now: edgeX against Vest−0.034%63s7-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 · edgeX: Active · farm boardneeds both histories
Funding pays, the price is against you. edgeX is 0.034% cheaper against Vest than usual: you would sell low and buy high (spread −0.034% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 5 hours of funding at the current rate (+$18 a day). The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest NG-PERP3.00400.0046pay 0.0006% / 1h16m 29s$14K10x
ShortedgeX NATGASUSDC3.00300.0639get 0.0320% / 4h3h 16m$85K$213K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$124.69
Price spread: −0.034% → 0.000%
−$3.41
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$110.28
Costs to cover
0.110%
Break-even
0.8 days
Slippage unknown: Vest: no order-book sample; edgeX: live order book, 35 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 edgeX live order book, 35 min ago13.32 bp21.1 bp −$2128.1 bp −$281doesn'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%1h2.8446−5.306%as long as short
SunX NATGAS-USDT0.0000%4h3.0082+0.140%$2K$2.4M20xas long as short
QFEX NATGAS-USD+0.0009%1h3.0050+0.033%$659K$96K20xas long as short
Lighter NATGAS+0.0032%1h3.0044+0.013%$629K$503K10xas long as short
Hotstuff NATGAS-PERP+0.0032%1h3.0046+0.020%$35K20xas long as short
Vest NG-PERPlong+0.0046%1h3.0040long leg$14K10x
Ondo Perps NATGAS-USD.P+0.0050%1h3.0047+0.023%$83K$26K10xas long as short
Paradex NG-USD-PERP+0.0085%8h3.0082+0.141%$5K5xas long as short
tradeXYZ xyz:NATGAS+0.0090%1h3.0046+0.020%$6.0M$5.7M10xas long as short
Pacifica NATGAS+0.0100%1h3.0042+0.007%$68K$33K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.133%$37K$218K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.133%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0050+0.033%$1.5M$92K10xas long as short
Extended XNG-USD+0.0176%1h3.0033−0.024%$110K$365K5xas long as short
KuCoin NATGASUSDTM+0.0366%4h3.0020−0.067%$1.0M$990K20xas long as short
Aster NATGASUSDT+0.0414%4h3.0060+0.067%$264K$74K50xas long as short
GRVT NATGAS_USDT_Perp+0.0460%4h3.0020−0.067%$13K$223K25xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0485% / S −0.0428%1h3.0065+0.083%$92K45xas long as short
HTX NATGAS-USDT+0.0538%4h3.0073+0.110%$107K$211K75xas long as short
Gate NG_USDT+0.0553%8h3.0090+0.166%$1.5M$193K100xas long as short
OKX NG-USDT-SWAP+0.0593%8h3.0060+0.067%$867K$1.7M50xas long as short
Variational Omni NATGAS+0.0612%4h3.0030−0.034%$317K$439Kas long as short
BloFin NG-USDT+0.0612%8h3.0020−0.067%$82K$194K20xas long as short
edgeX NATGASUSDCshort+0.0639%4h3.0030−0.034%$85K$213K20x
Binance NATGASUSDT+0.0645%4h3.0060+0.067%$10.3M$28.2M100xas long as short
Kraken Futures PF_NATGASUSD+0.0854%1h3.0077+0.123%$56K$35K20xas long as short
Bitget NATGASUSDT+0.1018%4h3.0010−0.100%$9.9M$3.2M100xas long as short