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+0.1171%/8h= +128.2% APRnext payment +$1.46 per $10,000 · paid last 24h +0.162%
Price spread now: Kraken Futures against Vest+0.027%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
Both sides work for this trade now. Funding pays +$35 a day on $10k at the current rate, and Kraken Futures is 0.027% 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-PERP2.99600.0046pay 0.0006% / 1h13m 57s$37810x
ShortKraken Futures PF_NATGASUSD2.99680.1217get 0.0152% / 1h13m 57s$52K$39K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$245.94
Price spread: +0.027% → 0.000%
$2.67
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$236.61
Costs to cover
0.120%
Break-even
0.3 days
Slippage unknown: Vest: no order-book sample; Kraken Futures: 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 Kraken Futures no order-book sample
Vest and Kraken Futures: 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%4h2.9948−0.039%$13K$238K25xas long as short
gTrade (Gains Network) NATGAS/USDL 0.0000% / S 0.0000%1h2.8305−5.524%as long as short
SunX NATGAS-USDT0.0000%4h2.9972+0.040%$2K$2.6M20xas long as short
HTX NATGAS-USDT0.0000%4h2.9987+0.090%$98K$212K75xas long as short
QFEX NATGAS-USD+0.0030%1h2.9950−0.033%$657K$86K20xas long as short
Lighter NATGAS+0.0032%1h2.9968+0.027%$616K$419K10xas long as short
Extended XNG-USD+0.0040%1h2.9943−0.056%$110K$453K5xas long as short
Vest NG-PERPlong+0.0046%1h2.9960long leg$37810x
Aster NATGASUSDT+0.0050%4h2.99600.000%$265K$73K50xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h2.9947−0.043%$5.9M$6.0M10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps NATGAS-USD.P+0.0050%1h2.9973+0.043%$84K$43K10xas long as short
Paradex NG-USD-PERP+0.0065%8h2.9954−0.020%$5K5xas long as short
Hotstuff NATGAS-PERP+0.0072%1h2.9951−0.030%$35K20xas long as short
Variational Omni NATGAS+0.0080%4h2.9951−0.031%$311K$443Kas long as short
Pacifica NATGAS+0.0100%1h2.9948−0.041%$68K$33K10xas long as short
KuCoin NATGASUSDTM+0.0100%4h2.9950−0.033%$1.0M$1.2M20xas long as short
ApeX Omni NATGASUSDT+0.0100%1h2.9900−0.200%$36K$217K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000+0.134%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h2.9950−0.033%$1.5M$97K10xas long as short
OKX NG-USDT-SWAP+0.0124%8h2.99600.000%$856K$1.7M50xas long as short
BloFin NG-USDT+0.0157%8h2.99600.000%$80K$189K20xas long as short
Gate NG_USDT+0.0169%8h2.9980+0.067%$1.5M$285K100xas long as short
Binance NATGASUSDT+0.0175%4h2.9950−0.032%$10.1M$29.9M100xas long as short
edgeX NATGASUSDC+0.0208%4h2.9951−0.031%$85K$213K20xas long as short
Bitget NATGASUSDT+0.0266%4h2.9930−0.100%$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_NATGASUSDshort+0.1217%1h2.9968+0.027%$52K$39K20x