Funding you earn now, next payment 06:00 UTC−0.0014%/8h= −1.5% APRnext payment −$0.02 per $10,000 · paid last 24h −0.004%
Price spread now: Lighter against Vest+0.017%46s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVest: Active · Lighter: Season 3 · 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: $0 a day on $10k at the current rate. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest NG-PERP | 3.0070 | 0.0046 | pay 0.0006% / 1h | 10m 40s | — | $14K | 10x |
| Short | Lighter NATGAS | 3.0075 | 0.0032 | get 0.0004% / 1h | 10m 40s | $629K | $504K | 10x |
Vest NG-PERP
Lighter NATGASFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Vest. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$2.87
- Price spread: +0.017% → 0.000%
- $1.66
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$3.21
- Costs to cover
- 0.020%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; Lighter: live order book, 30 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Vest no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 30 min ago | 0.83 bp | 11.1 bp −$11 | 21.1 bp −$211 | 89.0 bp −$8,896 | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0082 | +0.040% | $2K | $2.4M | 20x | as long as short |
| Hotstuff NATGAS-PERP | +0.0016% | 1h | 3.0073 | +0.010% | $35K | — | 20x | as long as short |
| Lighter NATGASshort | +0.0032% | 1h | 3.0075 | +0.017% | $629K | $504K | 10x | |
| Extended XNG-USD | +0.0032% | 1h | 3.0070 | +0.001% | $110K | $333K | 5x | as long as short |
| QFEX NATGAS-USD | +0.0033% | 1h | 3.0070 | 0.000% | $660K | $96K | 20x | as long as short |
| Vest NG-PERPlong | +0.0046% | 1h | 3.0070 | long leg | — | $14K | 10x | |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0049 | −0.070% | $83K | $26K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0060% | 1h | 3.0071 | +0.003% | $6.0M | $5.6M | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0063% | 8h | 3.0085 | +0.050% | $5K | — | 5x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0072 | +0.008% | $68K | $33K | 10x | as long as short |
SunX NATGAS-USDT
Hotstuff NATGAS-PERP
Extended XNG-USD
QFEX NATGAS-USD
Ondo Perps NATGAS-USD.P
tradeXYZ xyz:NATGAS
Paradex NG-USD-PERP
Pacifica NATGASShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.233% | $37K | $218K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.233% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0070 | 0.000% | $1.5M | $93K | 10x | as long as short |
| HTX NATGAS-USDT | +0.0144% | 4h | 3.0081 | +0.037% | $107K | $212K | 75x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0182% | 4h | 3.0050 | −0.067% | $13K | $212K | 25x | as long as short |
| KuCoin NATGASUSDTM | +0.0320% | 4h | 3.0060 | −0.033% | $1.0M | $947K | 20x | as long as short |
| Aster NATGASUSDT | +0.0344% | 4h | 3.0096 | +0.087% | $265K | $75K | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0526% / S −0.0527% | 1h | 3.0065 | −0.017% | $88K | — | 45x | as long as short |
| Variational Omni NATGAS | +0.0561% | 4h | 3.0060 | −0.034% | $317K | $432K | — | as long as short |
| Binance NATGASUSDT | +0.0587% | 4h | 3.0078 | +0.027% | $10.3M | $28.5M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0608% | 4h | 3.0060 | −0.034% | $85K | $211K | 20x | as long as short |
| Gate NG_USDT | +0.0608% | 8h | 3.0100 | +0.100% | $1.5M | $196K | 100x | as long as short |
| BloFin NG-USDT | +0.0644% | 8h | 3.0060 | −0.033% | $82K | $195K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0653% | 8h | 3.0060 | −0.033% | $868K | $1.7M | 50x | as long as short |
| Bitget NATGASUSDT | +0.0992% | 4h | 3.0030 | −0.133% | $9.9M | $3.2M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1181% | 1h | 3.0079 | +0.029% | $56K | $35K | 20x | as long as short |
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
HTX NATGAS-USDT
GRVT NATGAS_USDT_Perp
KuCoin NATGASUSDTM
Aster NATGASUSDT
GMX NATGAS/USD [ETH-USDC]
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
Gate NG_USDT
BloFin NG-USDT
OKX NG-USDT-SWAP
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD