Spread before costs (cost unknown: a leg has no order-book sample)−5.298%
7d average—if it closes, per $10,000$530funding while held, a day−$15.03
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX NATGAS/USD [ETH-USDC] | 2.9915 | L +0.0547% / S −0.0638% | pay 0.0068% / 1h | 7m 16s | $82K | — | 45x |
| Short | Vest NG-PERP | 2.8330 | 0.0046 | get 0.0006% / 1h | 7m 16s | — | $378 | 10x |
GMX NATGAS/USD [ETH-USDC]
Vest NG-PERPPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$529.83
- Funding while held
- −$15.03
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$558.87
- Spread needed to break even
- 0.140%
Slippage unknown: GMX: no order-book sample; Vest: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0501%
- Per $10,000 a day
- −$15.03
- Average in range /8h
- —
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 GMX no order-book sample | — | — | — | — | — |
| Sell Vest no order-book sample | — | — | — | — | — |
GMX and 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 price on every exchange
against the cheapest. Click to use as the short leg.gTrade (Gains Network)2.8304cheapest
gTrade (Gains Network)Vest2.8330+0.092%
Bitget2.9890+5.603%Orderly2.9900+5.639%BloFin2.9900+5.639%Extended2.9905+5.656%Pacifica2.9909+5.669%Binance2.9910+5.674%Phemex2.9910+5.674%
Bitget
Orderly
BloFin
Extended
Pacifica
Binance
PhemexGMX2.9915+5.692%
Lighter2.9917+5.699%tradeXYZ2.9920+5.709%OKX2.9920+5.709%KuCoin2.9920+5.709%Kraken Futures2.9921+5.713%Aster2.9930+5.745%QFEX2.9930+5.745%Paradex2.9933+5.757%SunX2.9942+5.787%HTX2.9944+5.794%Gate2.9950+5.815%Hotstuff2.9956+5.837%edgeX2.9968+5.878%Ondo Perps2.9978+5.914%ApeX Omni3.0000+5.992%Variational Omni3.0008+6.020%
Lighter
tradeXYZ
OKX
KuCoin
Kraken Futures
Aster
QFEX
Paradex
SunX
HTX
Gate
Hotstuff
Ondo Perps
ApeX Omni
Variational OmniNATGAS on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) NATGAS/USD | −5.385% | L 0.0000% / S 0.0000% | 1h | — | — | — | as long as short |
| Vest NG-PERPshort | −5.298% | +0.0046% | 1h | — | $378 | 10x | |
| Bitget NATGASUSDT | −0.084% | +0.0632% | 4h | $9.9M | $4.0M | 100x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | −0.050% | +0.0100% | 8h | $3K | $278 | 10x | as long as short |
| BloFin NG-USDT | −0.050% | +0.0303% | 8h | $85K | $177K | 20x | as long as short |
| Extended XNG-USD | −0.034% | +0.0032% | 1h | $109K | $1.4M | 5x | as long as short |
| Pacifica NATGAS | −0.021% | +0.0100% | 1h | $82K | $18K | 10x | as long as short |
| Binance NATGASUSDT | −0.017% | +0.0114% | 4h | $10.0M | $28.3M | 100x | as long as short |
| Phemex NGUSDT | −0.017% | +0.0100% | 4h | $1.5M | $86K | 10x | as long as short |
| GMX NATGAS/USD [ETH-USDC]long | 0.000% | L +0.0547% / S −0.0638% | 1h | $82K | — | 45x |