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+0.0051%/8h= +5.6% APRpaid last 24h +0.003%
Price spread now: Paradex against Vest+0.120%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 · Paradex: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Paradex is 0.120% dearer against Vest than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest NG-PERP3.00500.0046pay 0.0006% / 1h13m 29s$14K10x
ShortParadex NG-USD-PERP3.00860.0097get 0.0097% / 8h3h 13m$5K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
$10.75
Price spread: +0.120% → 0.000%
$12.03
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Paradex: 2 bp × 2 orders
−$4
Net
$16.78
Costs to cover
0.060%
Break-even
from the start
Slippage unknown: Vest: no order-book sample; Paradex: 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 Paradex no order-book sample
Vest and Paradex: 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%4h3.0082+0.106%$2K$2.4M20xas long as short
QFEX NATGAS-USD+0.0009%1h3.00500.000%$659K$96K20xas long as short
Hotstuff NATGAS-PERP+0.0024%1h3.0057+0.023%$35K20xas long as short
Lighter NATGAS+0.0032%1h3.0055+0.017%$629K$503K10xas long as short
Vest NG-PERPlong+0.0046%1h3.0050long leg$14K10x
Ondo Perps NATGAS-USD.P+0.0050%1h3.0082+0.106%$83K$26K10xas long as short
tradeXYZ xyz:NATGAS+0.0091%1h3.0049−0.003%$6.0M$5.7M10xas long as short
Paradex NG-USD-PERPshort+0.0097%8h3.0086+0.120%$5K5x
Pacifica NATGAS+0.0100%1h3.0051+0.003%$68K$33K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.166%$37K$218K50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.166%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0070+0.067%$1.5M$92K10xas long as short
Extended XNG-USD+0.0208%1h3.0041−0.030%$110K$364K5xas long as short
KuCoin NATGASUSDTM+0.0360%4h3.00500.000%$1.0M$987K20xas long as short
Aster NATGASUSDT+0.0420%4h3.0060+0.033%$264K$74K50xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0486% / S −0.0429%1h3.0065+0.050%$92K45xas long as short
GRVT NATGAS_USDT_Perp+0.0490%4h3.0052+0.005%$13K$223K25xas long as short
HTX NATGAS-USDT+0.0536%4h3.0081+0.103%$106K$211K75xas long as short
Gate NG_USDT+0.0555%8h3.0100+0.166%$1.5M$193K100xas long as short
BloFin NG-USDT+0.0572%8h3.0060+0.033%$82K$195K20xas long as short
OKX NG-USDT-SWAP+0.0598%8h3.0060+0.033%$867K$1.7M50xas long as short
Variational Omni NATGAS+0.0627%4h3.0060+0.032%$312K$444Kas long as short
Binance NATGASUSDT+0.0653%4h3.0069+0.062%$10.3M$28.2M100xas long as short
edgeX NATGASUSDC+0.0658%4h3.0060+0.032%$85K$214K20xas long as short
Kraken Futures PF_NATGASUSD+0.0854%1h3.0078+0.092%$56K$35K20xas long as short
Bitget NATGASUSDT+0.1024%4h3.0040−0.033%$9.9M$3.2M100xas long as short