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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 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%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 · 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest NG-PERP3.00500.0046pay 0.0006% / 1h34m 16s$14K10x
ShortLighter NATGAS3.00550.0032get 0.0004% / 1h34m 16s$631K$483K10x

Funding 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 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: +0.017% → 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, 56 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 Lighter live order book, 56 min ago1.83 bp2.5 bp −$215.4 bp −$15484.5 bp −$8,449doesn'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
QFEX NATGAS-USD0.0000%1h3.00500.000%$659K$96K20xas long as short
gTrade (Gains Network) NATGAS/USDL 0.0000% / S 0.0000%1h2.8421−5.421%as long as short
SunX NATGAS-USDT0.0000%4h3.0072+0.073%$2K$2.3M20xas long as short
Lighter NATGASshort+0.0032%1h3.0055+0.017%$631K$483K10x
Extended XNG-USD+0.0032%1h3.0034−0.054%$109K$253K5xas long as short
Vest NG-PERPlong+0.0046%1h3.0050long leg$14K10x
tradeXYZ xyz:NATGAS+0.0050%1h3.0040−0.033%$6.0M$5.2M10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0028−0.073%$82K$26K10xas long as short
Paradex NG-USD-PERP+0.0051%8h3.0066+0.055%$5K5xas long as short
Pacifica NATGAS+0.0100%1h3.0043−0.023%$69K$30K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.166%$37K$214K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.166%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.00500.000%$1.5M$90K10xas long as short
Hotstuff NATGAS-PERP+0.0128%1h3.0035−0.050%$35K20xas long as short
KuCoin NATGASUSDTM+0.0146%4h3.0030−0.067%$1.0M$843K20xas long as short
HTX NATGAS-USDT+0.0172%4h3.0070+0.067%$119K$221K75xas long as short
Aster NATGASUSDT+0.0173%4h3.0030−0.067%$264K$69K50xas long as short
GRVT NATGAS_USDT_Perp+0.0264%4h3.0030−0.067%$20K$221K25xas long as short
Gate NG_USDT+0.0296%8h3.0080+0.100%$1.5M$193K100xas long as short
Variational Omni NATGAS+0.0342%4h3.0070+0.067%$318K$391Kas long as short
Binance NATGASUSDT+0.0365%4h3.00500.000%$10.4M$28.8M100xas long as short
edgeX NATGASUSDC+0.0370%4h3.0027−0.075%$85K$212K20xas long as short
BloFin NG-USDT+0.0488%8h3.0030−0.067%$76K$198K20xas long as short
OKX NG-USDT-SWAP+0.0504%8h3.0030−0.067%$803K$1.9M50xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0587% / S −0.0602%1h3.0055+0.017%$88K45xas long as short
Kraken Futures PF_NATGASUSD+0.0684%1h3.0045−0.018%$54K$36K20xas long as short
Bitget NATGASUSDT+0.0846%4h3.0020−0.100%$9.9M$3.0M100xas long as short