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+0.0421%/8h= +46.1% APRnext payment +$0.53 per $10,000 · paid last 24h +0.147%
Price spread now: GMX against Vest+0.017%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 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
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
LongVest NG-PERP3.00500.0046pay 0.0006% / 1h25m 37s$14K10x
ShortGMX NATGAS/USD [ETH-USDC]3.0055L +0.0520% / S −0.0467%get 0.0058% / 1h25m 37s$92K45x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$88.39
Price spread: +0.017% → 0.000%
$1.66
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee GMX: 6 bp × 2 orders
−$12
Net
$76.06
Costs to cover
0.140%
Break-even
1.0 days
Slippage unknown: Vest: no order-book sample; GMX: 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 Vest no order-book sample
Sell GMX no order-book sample
Vest and GMX: 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%1h2.8444−5.344%as long as short
SunX NATGAS-USDT0.0000%4h3.0072+0.073%$2K$2.4M20xas long as short
Lighter NATGAS+0.0032%1h3.0056+0.020%$629K$504K10xas long as short
Extended XNG-USD+0.0032%1h3.0047−0.008%$110K$334K5xas long as short
QFEX NATGAS-USD+0.0033%1h3.00500.000%$660K$96K20xas long as short
Vest NG-PERPlong+0.0046%1h3.0050long leg$14K10x
Ondo Perps NATGAS-USD.P+0.0050%1h3.0062+0.040%$83K$26K10xas long as short
Paradex NG-USD-PERP+0.0069%8h3.0068+0.060%$5K5xas long as short
tradeXYZ xyz:NATGAS+0.0072%1h3.0055+0.017%$6.0M$5.6M10xas long as short
Pacifica NATGAS+0.0100%1h3.0046−0.013%$68K$33K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.166%$37K$218K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.166%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0040−0.033%$1.5M$93K10xas long as short
Hotstuff NATGAS-PERP+0.0104%1h3.0055+0.017%$35K20xas long as short
HTX NATGAS-USDT+0.0223%4h3.0068+0.060%$107K$212K75xas long as short
GRVT NATGAS_USDT_Perp+0.0240%4h3.0041−0.031%$13K$212K25xas long as short
KuCoin NATGASUSDTM+0.0358%4h3.0040−0.033%$1.0M$959K20xas long as short
Aster NATGASUSDT+0.0389%4h3.0052+0.007%$264K$74K50xas long as short
GMX NATGAS/USD [ETH-USDC]shortL +0.0520% / S −0.0467%1h3.0055+0.017%$92K45x
Variational Omni NATGAS+0.0592%4h3.00500.000%$317K$432Kas long as short
Gate NG_USDT+0.0595%8h3.0080+0.100%$1.5M$195K100xas long as short
Binance NATGASUSDT+0.0620%4h3.0057+0.025%$10.3M$28.3M100xas long as short
edgeX NATGASUSDC+0.0638%4h3.00500.000%$85K$212K20xas long as short
OKX NG-USDT-SWAP+0.0657%8h3.00500.000%$867K$1.7M50xas long as short
BloFin NG-USDT+0.0670%8h3.0040−0.033%$82K$195K20xas long as short
Bitget NATGASUSDT+0.1016%4h3.0030−0.067%$9.9M$3.2M100xas long as short
Kraken Futures PF_NATGASUSD+0.1181%1h3.0075+0.082%$56K$35K20xas long as short