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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0195%/8h= +21.4% APRpaid last 24h +0.098%
Price spread now: Gate against Vest+0.100%7-day average · you sell dearer than you buy
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 4 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
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Gate is 0.100% dearer against Vest than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest NG-PERP2.99900.0046pay 0.0006% / 1h42m 57s$14K10x
ShortGate NG_USDT3.00200.0241get 0.0241% / 8h7h 42m$1.5M$193K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$41.02
Price spread: +0.100% → 0.000%
$10
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$34.02
Costs to cover
0.170%
Break-even
1.2 days
Slippage unknown: Vest: no order-book sample; Gate: live order book, 5 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 Gate live order book, 5 min ago1.66 bp20.3 bp −$2054.7 bp −$547doesn'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
QFEX NATGAS-USD0.0000%1h3.0000+0.033%$658K$96K20xas long as short
gTrade (Gains Network) NATGAS/USDL 0.0000% / S 0.0000%1h2.8366−5.415%as long as short
SunX NATGAS-USDT0.0000%4h3.0021+0.103%$2K$2.4M20xas long as short
Lighter NATGAS+0.0032%1h3.0005+0.050%$630K$483K10xas long as short
Extended XNG-USD+0.0032%1h2.9987−0.011%$109K$253K5xas long as short
Vest NG-PERPlong+0.0046%1h2.9990long leg$14K10x
tradeXYZ xyz:NATGAS+0.0050%1h2.99900.000%$6.0M$5.2M10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0015+0.083%$82K$26K10xas long as short
Paradex NG-USD-PERP+0.0050%8h3.0006+0.054%$5K5xas long as short
Pacifica NATGAS+0.0100%1h2.9984−0.020%$69K$30K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni NATGASUSDT+0.0100%1h3.0000+0.033%$37K$214K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000+0.033%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0000+0.033%$1.5M$90K10xas long as short
Hotstuff NATGAS-PERP+0.0120%1h2.9984−0.020%$35K20xas long as short
KuCoin NATGASUSDTM+0.0152%4h2.99900.000%$1.0M$848K20xas long as short
Aster NATGASUSDT+0.0171%4h3.0027+0.124%$264K$69K50xas long as short
Gate NG_USDTshort+0.0241%8h3.0020+0.100%$1.5M$193K100x
HTX NATGAS-USDT+0.0282%4h3.0013+0.077%$118K$220K75xas long as short
GRVT NATGAS_USDT_Perp+0.0316%4h2.9990+0.001%$18K$218K25xas long as short
Variational Omni NATGAS+0.0340%4h3.0000+0.034%$318K$390Kas long as short
Binance NATGASUSDT+0.0365%4h3.0000+0.033%$10.4M$28.7M100xas long as short
edgeX NATGASUSDC+0.0373%4h2.9995+0.017%$85K$213K20xas long as short
OKX NG-USDT-SWAP+0.0514%8h2.9980−0.033%$801K$1.9M50xas long as short
BloFin NG-USDT+0.0517%8h3.0000+0.033%$76K$198K20xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0595% / S −0.0612%1h3.0005+0.050%$88K45xas long as short
Kraken Futures PF_NATGASUSD+0.0685%1h2.9996+0.019%$53K$36K20xas long as short
Bitget NATGASUSDT+0.0840%4h2.9980−0.033%$9.9M$3.0M100xas long as short