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+0.0414%/8h= +45.4% APRpaid last 24h +0.043%
Price spread now: GRVT against Vest+0.033%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 · GRVT: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and GRVT is 0.033% dearer against Vest than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest NG-PERP3.00100.0046pay 0.0006% / 1h18m 46s$14K10x
ShortGRVT NATGAS_USDT_Perp3.00200.0460get 0.0230% / 4h3h 18m$13K$223K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
$87.01
Price spread: +0.033% → 0.000%
$3.33
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
$79.34
Costs to cover
0.110%
Break-even
0.6 days
Slippage unknown: Vest: no order-book sample; GRVT: live order book, 34 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 GRVT live order book, 34 min ago1.66 bp6.2 bp −$627.7 bp −$277doesn'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 26 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
SunX NATGAS-USDT0.0000%4h3.0052+0.140%$2K$2.4M20xas long as short
QFEX NATGAS-USD+0.0009%1h3.0020+0.033%$669K$91K20xas long as short
Hotstuff NATGAS-PERP+0.0024%1h3.0016+0.020%$35K20xas long as short
Lighter NATGAS+0.0032%1h3.0017+0.023%$628K$502K10xas long as short
Vest NG-PERPlong+0.0046%1h3.0010long leg$14K10x
Ondo Perps NATGAS-USD.P+0.0050%1h3.0019+0.030%$82K$26K10xas long as short
Paradex NG-USD-PERP+0.0074%8h3.0038+0.092%$5K5xas long as short
tradeXYZ xyz:NATGAS+0.0090%1h3.0030+0.067%$6.0M$5.6M10xas long as short
Pacifica NATGAS+0.0100%1h3.0000−0.033%$68K$33K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0100+0.300%$37K$218K50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.033%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0030+0.067%$1.5M$93K10xas long as short
Extended XNG-USD+0.0160%1h3.0021+0.035%$110K$365K5xas long as short
KuCoin NATGASUSDTM+0.0364%4h3.0020+0.033%$1.0M$991K20xas long as short
Aster NATGASUSDT+0.0405%4h3.0058+0.159%$264K$74K50xas long as short
GRVT NATGAS_USDT_Perpshort+0.0460%4h3.0020+0.033%$13K$223K25x
GMX NATGAS/USD [ETH-USDC]L +0.0485% / S −0.0428%1h3.0035+0.083%$92K45xas long as short
HTX NATGAS-USDT+0.0527%4h3.0074+0.213%$107K$211K75xas long as short
Gate NG_USDT+0.0547%8h3.0070+0.200%$1.5M$193K100xas long as short
OKX NG-USDT-SWAP+0.0588%8h3.0030+0.067%$866K$1.7M50xas long as short
BloFin NG-USDT+0.0600%8h3.0020+0.033%$81K$194K20xas long as short
Variational Omni NATGAS+0.0612%4h3.0030+0.066%$317K$439Kas long as short
Binance NATGASUSDT+0.0636%4h3.0048+0.128%$10.3M$28.2M100xas long as short
edgeX NATGASUSDC+0.0639%4h3.0030+0.066%$85K$213K20xas long as short
Kraken Futures PF_NATGASUSD+0.0855%1h3.0046+0.121%$56K$35K20xas long as short
Bitget NATGASUSDT+0.1008%4h3.00100.000%$9.9M$3.2M100xas long as short