Settings8H · net · $10k
Funding arb · Price arb /

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.07 per $10,000 · paid last 24h +0.016%
Price spread now: ApeX Omni against Vest+0.100%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 4 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 +$2 a day on $10k at the current rate, and ApeX Omni is 0.100% dearer against Vest than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest NG-PERP3.00700.0046pay 0.0006% / 1h31m 04s$14K10x
ShortApeX Omni NATGASUSDT3.01000.0100get 0.0013% / 1h31m 04s$37K$216K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni 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
$11.41
Price spread: +0.100% → 0.000%
$9.98
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$9.38
Costs to cover
0.120%
Break-even
1.2 days
Slippage unknown: Vest: no order-book sample; ApeX Omni: live order book, 5 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 ApeX Omni live order book, 5 min ago16.64 bp56.6 bp −$57270.0 bp −$2,700doesn'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 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
Hotstuff NATGAS-PERP−0.0088%1h3.0072+0.007%$35K20xas long as short
gTrade (Gains Network) NATGAS/USDL 0.0000% / S 0.0000%1h2.8455−5.371%as long as short
SunX NATGAS-USDT0.0000%4h3.0092+0.073%$2K$2.4M20xas long as short
HTX NATGAS-USDT0.0000%4h3.0092+0.073%$117K$217K75xas long as short
QFEX NATGAS-USD+0.0004%1h3.00700.000%$660K$96K20xas long as short
Lighter NATGAS+0.0032%1h3.0080+0.033%$632K$494K10xas long as short
Extended XNG-USD+0.0032%1h3.0068−0.007%$111K$271K5xas long as short
Vest NG-PERPlong+0.0046%1h3.0070long leg$14K10x
tradeXYZ xyz:NATGAS+0.0050%1h3.0078+0.027%$6.0M$5.2M10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0088+0.060%$83K$26K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex NG-USD-PERP+0.0051%8h3.0078+0.027%$5K5xas long as short
GRVT NATGAS_USDT_Perp+0.0076%4h3.0050−0.067%$15K$222K25xas long as short
Pacifica NATGAS+0.0100%1h3.0071+0.002%$70K$32K10xas long as short
ApeX Omni NATGASUSDTshort+0.0100%1h3.0100+0.100%$37K$216K50x
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.233%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.00700.000%$1.5M$91K10xas long as short
KuCoin NATGASUSDTM+0.0166%4h3.0060−0.033%$1.0M$885K20xas long as short
Aster NATGASUSDT+0.0183%4h3.0067−0.010%$265K$65K50xas long as short
Variational Omni NATGAS+0.0402%4h3.0069−0.003%$319K$390Kas long as short
Binance NATGASUSDT+0.0418%4h3.00700.000%$10.4M$28.4M100xas long as short
edgeX NATGASUSDC+0.0438%4h3.0067−0.011%$85K$213K20xas long as short
Gate NG_USDT+0.0578%8h3.0090+0.067%$1.5M$195K100xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0578% / S −0.0591%1h3.0075+0.017%$88K45xas long as short
BloFin NG-USDT+0.0611%8h3.0060−0.033%$82K$198K20xas long as short
OKX NG-USDT-SWAP+0.0613%8h3.0040−0.100%$852K$1.8M50xas long as short
Kraken Futures PF_NATGASUSD+0.0860%1h3.0090+0.067%$56K$35K20xas long as short
Bitget NATGASUSDT+0.0866%4h3.0040−0.100%$9.9M$3.0M100xas long as short