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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0054%/8h= −5.9% APRpaid last 24h −0.016%
Price spread now: Vest against Orderly+0.167%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 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 · farm boardneeds both histories
The price spread pays, funding is against you. Vest is 0.167% dearer against Orderly than usual: you sell high and buy low (spread +0.167% now, against zero (this spread has no 7-day history yet)): +$17 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 10 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_NATGAS_USDC_mythos3.00000.0100pay 0.0100% / 8h4h 34m$3K$54410x
ShortVest NG-PERP3.00500.0046get 0.0006% / 1h34m 39s$14K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Orderly. 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: +0.167% → 0.000%
$16.67
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Vest: 1 bp × 2 orders
−$2
Net
−$2.74
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Orderly: no order-book sample; Vest: no order-book sample. 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 Orderly no order-book sample
Sell Vest no order-book sample
Orderly 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 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%1h2.8470−5.100%as long as short
SunX NATGAS-USDT0.0000%4h3.0072+0.240%$2K$2.4M20xas long as short
QFEX NATGAS-USD+0.0022%1h3.0040+0.133%$659K$85K20xas long as short
Lighter NATGAS+0.0032%1h3.0046+0.153%$619K$494K10xas long as short
Extended XNG-USD+0.0032%1h3.0038+0.126%$110K$432K5xas long as short
Hotstuff NATGAS-PERP+0.0040%1h3.0053+0.177%$35K20xas long as short
Vest NG-PERPshort+0.0046%1h3.0050+0.167%$14K10x
Ondo Perps NATGAS-USD.P+0.0050%1h3.0040+0.133%$83K$26K10xas long as short
Paradex NG-USD-PERP+0.0056%8h3.0056+0.186%$5K5xas long as short
Pacifica NATGAS+0.0100%1h3.0045+0.150%$68K$33K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni NATGASUSDT+0.0100%1h3.00000.000%$37K$216K50xas long as short
Orderly PERP_NATGAS_USDC_mythoslong+0.0100%8h3.0000long leg$3K$54410x
Phemex NGUSDT+0.0100%4h3.0060+0.200%$1.5M$94K10xas long as short
tradeXYZ xyz:NATGAS+0.0114%1h3.0050+0.167%$6.0M$5.9M10xas long as short
HTX NATGAS-USDT+0.0215%4h3.0076+0.253%$105K$212K75xas long as short
GRVT NATGAS_USDT_Perp+0.0348%4h3.0041+0.137%$25K$227K25xas long as short
KuCoin NATGASUSDTM+0.0370%4h3.0040+0.133%$1.1M$1.0M20xas long as short
Aster NATGASUSDT+0.0407%4h3.0043+0.142%$266K$73K50xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0453% / S −0.0392%1h3.0055+0.183%$92K45xas long as short
Gate NG_USDT+0.0458%8h3.0080+0.267%$1.5M$192K100xas long as short
OKX NG-USDT-SWAP+0.0487%8h3.0050+0.167%$855K$1.7M50xas long as short
BloFin NG-USDT+0.0510%8h3.0050+0.167%$80K$188K20xas long as short
Variational Omni NATGAS+0.0601%4h3.0050+0.166%$312K$444Kas long as short
edgeX NATGASUSDC+0.0623%4h3.0051+0.169%$85K$212K20xas long as short
Binance NATGASUSDT+0.0624%4h3.0050+0.167%$10.2M$28.6M100xas long as short
Kraken Futures PF_NATGASUSD+0.0993%1h3.0067+0.224%$54K$34K20xas long as short
Bitget NATGASUSDT+0.1004%4h3.0020+0.067%$9.9M$3.3M100xas long as short