Funding arb · Price arb /

NATGAS

RWAall NATGAS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0321%/8h= +35.1% APRpaid last 24h +0.059%

Price spread now: Aster against Vest−0.033%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Vest Short on Aster

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVest: Active · Aster: Stage 5 · farm boardneeds both histories

Funding pays, the price is against you. Aster is 0.033% cheaper against Vest than usual: you would sell low and buy high (spread −0.033% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 8 hours of funding at the current rate (+$10 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest NG-PERP	3.0030	0.0046	pay 0.0006% / 1h	8m 23s	—	$14K	10x
Short	Aster NATGASUSDT	3.0020	0.0366	get 0.0183% / 4h	8m 23s	$265K	$72K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster 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

Position, each leg$Hold fordaysFee VestbpFee AsterbpOrdersPrice spread, now −0.033%Rate

Funding earned: $67.32
Price spread: −0.033% → 0.000%: −$3.33
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Aster: 4 bp × 2 orders: −$8
Net: $53.99
Costs to cover: 0.100%
Break-even: 1.4 days

Slippage unknown: Vest: no order-book sample; Aster: live order book, 48 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 Aster live order book, 48 min ago	6.66 bp	13.9 bp −$14	16.5 bp −$165	doesn't fit	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	3.0052	+0.073%	$2K	$2.4M	20x	as long as short
QFEX NATGAS-USD	+0.0022%	1h	3.0030	0.000%	$669K	$91K	20x	as long as short
Lighter NATGAS	+0.0032%	1h	3.0035	+0.017%	$619K	$494K	10x	as long as short
Extended XNG-USD	+0.0032%	1h	3.0026	−0.012%	$110K	$405K	5x	as long as short
Vest NG-PERPlong	+0.0046%	1h	3.0030	long leg	—	$14K	10x
Ondo Perps NATGAS-USD.P	+0.0050%	1h	3.0015	−0.050%	$82K	$26K	10x	as long as short
Paradex NG-USD-PERP	+0.0053%	8h	3.0050	+0.066%	$5K	—	5x	as long as short
tradeXYZ xyz:NATGAS	+0.0066%	1h	3.0028	−0.007%	$6.0M	$5.7M	10x	as long as short
Pacifica NATGAS	+0.0100%	1h	3.0014	−0.053%	$68K	$33K	10x	as long as short
ApeX Omni NATGASUSDT	+0.0100%	1h	3.0000	−0.100%	$37K	$216K	50x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_NATGAS_USDC_mythos	+0.0100%	8h	3.0000	−0.100%	$3K	$544	10x	as long as short
Phemex NGUSDT	+0.0100%	4h	3.0030	0.000%	$1.5M	$93K	10x	as long as short
Hotstuff NATGAS-PERP	+0.0152%	1h	3.0033	+0.010%	$35K	—	20x	as long as short
HTX NATGAS-USDT	+0.0161%	4h	3.0055	+0.083%	$105K	$211K	75x	as long as short
GRVT NATGAS_USDT_Perp	+0.0306%	4h	3.0030	+0.001%	$25K	$227K	25x	as long as short
KuCoin NATGASUSDTM	+0.0322%	4h	3.0020	−0.033%	$1.0M	$1.0M	20x	as long as short
Aster NATGASUSDTshort	+0.0366%	4h	3.0020	−0.033%	$265K	$72K	50x
GMX NATGAS/USD [ETH-USDC]	L +0.0459% / S −0.0400%	1h	3.0035	+0.017%	$92K	—	45x	as long as short
Gate NG_USDT	+0.0496%	8h	3.0070	+0.133%	$1.5M	$194K	100x	as long as short
BloFin NG-USDT	+0.0500%	8h	3.0040	+0.033%	$81K	$192K	20x	as long as short
OKX NG-USDT-SWAP	+0.0516%	8h	3.0030	0.000%	$861K	$1.7M	50x	as long as short
Variational Omni NATGAS	+0.0574%	4h	3.0029	−0.002%	$317K	$449K	—	as long as short
Binance NATGASUSDT	+0.0586%	4h	3.0030	0.000%	$10.2M	$28.5M	100x	as long as short
edgeX NATGASUSDC	+0.0606%	4h	3.0030	+0.002%	$85K	$212K	20x	as long as short
Bitget NATGASUSDT	+0.0968%	4h	3.0000	−0.100%	$9.9M	$3.3M	100x	as long as short
Kraken Futures PF_NATGASUSD	+0.0994%	1h	3.0045	+0.051%	$54K	$33K	20x	as long as short