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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0014%/8h= −1.5% APRnext payment $0.02 per $10,000 · paid last 24h +0.006%
Price spread now: Extended against Vest−0.071%7-day average · you buy dearer than you sell
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 · Extended: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Extended is 0.071% cheaper against Vest than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest NG-PERP3.00300.0046pay 0.0006% / 1h58m 54s$37810x
ShortExtended XNG-USD3.00090.0032get 0.0004% / 1h58m 54s$110K$451K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$2.87
Price spread: −0.071% → 0.000%
−$7.05
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$16.93
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: Vest: no order-book sample; Extended: live order book, 9 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 Extended live order book, 9 min ago1.00 bp3.6 bp −$48.6 bp −$86doesn'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
gTrade (Gains Network) NATGAS/USDL 0.0000% / S 0.0000%1h2.8396−5.441%as long as short
SunX NATGAS-USDT0.0000%4h3.0062+0.107%$2K$2.6M20xas long as short
QFEX NATGAS-USD+0.0015%1h3.00300.000%$659K$85K20xas long as short
Lighter NATGAS+0.0032%1h3.0036+0.020%$617K$424K10xas long as short
Extended XNG-USDshort+0.0032%1h3.0009−0.071%$110K$451K5x
Vest NG-PERPlong+0.0046%1h3.0030long leg$37810x
Hotstuff NATGAS-PERP+0.0048%1h3.0021−0.030%$35K20xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h3.0015−0.050%$5.9M$5.9M10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0047+0.057%$84K$26K10xas long as short
Paradex NG-USD-PERP+0.0053%8h3.0037+0.023%$5K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NATGAS+0.0100%1h3.0028−0.005%$68K$33K10xas long as short
KuCoin NATGASUSDTM+0.0100%4h3.0010−0.067%$1.0M$1.1M20xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.100%$37K$217K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.100%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.00300.000%$1.5M$94K10xas long as short
Aster NATGASUSDT+0.0113%4h3.00300.000%$266K$73K50xas long as short
HTX NATGAS-USDT+0.0209%4h3.0063+0.110%$98K$211K75xas long as short
Variational Omni NATGAS+0.0215%4h3.0030−0.001%$312K$443Kas long as short
BloFin NG-USDT+0.0242%8h2.9990−0.133%$81K$189K20xas long as short
OKX NG-USDT-SWAP+0.0274%8h3.0020−0.033%$865K$1.7M50xas long as short
Binance NATGASUSDT+0.0298%4h3.0026−0.014%$10.1M$29.2M100xas long as short
edgeX NATGASUSDC+0.0304%4h3.00300.000%$85K$213K20xas long as short
GRVT NATGAS_USDT_Perp+0.0338%4h3.0024−0.021%$25K$200K25xas long as short
Gate NG_USDT+0.0393%8h3.0050+0.067%$1.5M$217K100xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0415% / S −0.0351%1h3.0045+0.050%$92K45xas long as short
Bitget NATGASUSDT+0.0436%4h2.9990−0.133%$9.9M$3.5M100xas long as short
Kraken Futures PF_NATGASUSD+0.0825%1h3.0055+0.083%$52K$36K20xas long as short