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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.01 per $10,000 · paid last 24h +0.006%
Price spread now: Extended against Vest−0.022%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 · Extended: Active · farm boardneeds both histories
Funding pays, the price is against you. Extended is 0.022% cheaper against Vest than usual: you would sell low and buy high (spread −0.022% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 7.1 days of funding at the current rate ($0 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest NG-PERP2.99500.0046pay 0.0006% / 1h15m 47s$37810x
ShortExtended XNG-USD2.99430.0056get 0.0007% / 1h15m 47s$110K$453K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$2.17
Price spread: −0.022% → 0.000%
−$2.21
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$7.04
Costs to cover
0.070%
Break-even
29.7 days
Slippage unknown: Vest: no order-book sample; Extended: live order book, 62 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 Extended live order book, 62 min ago0.67 bp3.5 bp −$48.1 bp −$81doesn'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
GRVT NATGAS_USDT_Perp0.0000%4h2.9949−0.003%$13K$238K25xas long as short
gTrade (Gains Network) NATGAS/USDL 0.0000% / S 0.0000%1h2.8305−5.492%as long as short
SunX NATGAS-USDT0.0000%4h2.9971+0.070%$2K$2.6M20xas long as short
HTX NATGAS-USDT0.0000%4h2.9987+0.124%$98K$212K75xas long as short
Hotstuff NATGAS-PERP+0.0008%1h2.9948−0.007%$35K20xas long as short
QFEX NATGAS-USD+0.0030%1h2.99500.000%$657K$86K20xas long as short
Lighter NATGAS+0.0032%1h2.9968+0.060%$616K$419K10xas long as short
Vest NG-PERPlong+0.0046%1h2.9950long leg$37810x
tradeXYZ xyz:NATGAS+0.0050%1h2.9947−0.010%$5.9M$6.0M10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h2.9940−0.033%$84K$43K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended XNG-USDshort+0.0056%1h2.9943−0.022%$110K$453K5x
Aster NATGASUSDT+0.0058%4h2.9960+0.033%$265K$73K50xas long as short
Paradex NG-USD-PERP+0.0066%8h2.99500.000%$5K5xas long as short
Variational Omni NATGAS+0.0080%4h2.9951+0.002%$311K$443Kas long as short
Pacifica NATGAS+0.0100%1h2.9948−0.007%$68K$33K10xas long as short
KuCoin NATGASUSDTM+0.0100%4h2.99500.000%$1.0M$1.2M20xas long as short
ApeX Omni NATGASUSDT+0.0100%1h2.9900−0.167%$36K$217K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000+0.167%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h2.9960+0.033%$1.5M$97K10xas long as short
OKX NG-USDT-SWAP+0.0130%8h2.9960+0.033%$856K$1.7M50xas long as short
BloFin NG-USDT+0.0168%8h2.9940−0.033%$80K$189K20xas long as short
Gate NG_USDT+0.0172%8h2.9980+0.100%$1.5M$285K100xas long as short
Binance NATGASUSDT+0.0182%4h2.9955+0.015%$10.1M$30.0M100xas long as short
edgeX NATGASUSDC+0.0230%4h2.9951+0.002%$85K$212K20xas long as short
Bitget NATGASUSDT+0.0280%4h2.9930−0.067%$10.0M$3.7M100xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0406% / S −0.0333%1h2.9955+0.017%$93K45xas long as short
Kraken Futures PF_NATGASUSD+0.1217%1h2.9971+0.069%$52K$39K20xas long as short