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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0530%/8h= −58.0% APRpaid last 24h −0.098%
Price spread now: Vest against Variational Omni−0.032%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 airdropVariational Omni: Active · Vest: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Vest is 0.032% cheaper against Variational Omni than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni NATGAS3.00200.0576pay 0.0288% / 4h3h 39m$316K$449K
ShortVest NG-PERP3.00100.0046get 0.0006% / 1h39m 52s$14K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Variational Omni. 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
−$111.29
Price spread: −0.032% → 0.000%
−$3.25
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Vest: 1 bp × 2 orders
−$2
Net
−$116.53
Costs to cover
0.020%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 14 min ago; 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 Variational Omni RFQ quote, 14 min ago4.49 bpdoesn't fit10.7 bp −$107doesn't fitdoesn't fit
Sell Vest no order-book sample
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%1h2.8405−5.379%as long as short
SunX NATGAS-USDT0.0000%4h3.0042+0.074%$2K$2.4M20xas long as short
QFEX NATGAS-USD+0.0009%1h3.0020+0.001%$669K$91K20xas long as short
Lighter NATGAS+0.0032%1h3.0004−0.052%$626K$501K10xas long as short
Extended XNG-USD+0.0032%1h2.9998−0.072%$110K$395K5xas long as short
Vest NG-PERPshort+0.0046%1h3.0010−0.032%$14K10x
Ondo Perps NATGAS-USD.P+0.0050%1h2.9999−0.069%$82K$26K10xas long as short
Hotstuff NATGAS-PERP+0.0056%1h3.0012−0.026%$35K20xas long as short
tradeXYZ xyz:NATGAS+0.0056%1h3.0010−0.032%$6.0M$5.7M10xas long as short
Paradex NG-USD-PERP+0.0075%8h3.0027+0.025%$5K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NATGAS+0.0100%1h2.9988−0.106%$68K$33K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.066%$37K$217K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.066%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0020+0.001%$1.5M$93K10xas long as short
KuCoin NATGASUSDTM+0.0328%4h3.0010−0.032%$1.0M$1.0M20xas long as short
Aster NATGASUSDT+0.0374%4h3.0042+0.073%$263K$74K50xas long as short
HTX NATGAS-USDT+0.0402%4h3.0052+0.107%$107K$213K75xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0472% / S −0.0414%1h3.0025+0.018%$92K45xas long as short
Gate NG_USDT+0.0531%8h3.0060+0.134%$1.5M$192K100xas long as short
OKX NG-USDT-SWAP+0.0557%8h3.0010−0.032%$861K$1.7M50xas long as short
Variational Omni NATGASlong+0.0576%4h3.0020long leg$316K$449K
BloFin NG-USDT+0.0580%8h2.9990−0.099%$81K$191K20xas long as short
GRVT NATGAS_USDT_Perp+0.0596%4h3.0017−0.009%$12K$230K25xas long as short
Binance NATGASUSDT+0.0597%4h3.0020+0.001%$10.2M$28.4M100xas long as short
edgeX NATGASUSDC+0.0617%4h3.0012−0.026%$85K$211K20xas long as short
Kraken Futures PF_NATGASUSD+0.0855%1h3.0042+0.075%$56K$35K20xas long as short
Bitget NATGASUSDT+0.0978%4h2.9990−0.099%$9.9M$3.2M100xas long as short