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+0.0054%/8h= +5.9% APRnext payment +$0.07 per $10,000 · paid last 24h +0.016%
Price spread now: ApeX Omni against Vest+0.033%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
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and ApeX Omni is 0.033% dearer against Vest than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest NG-PERP2.99900.0046pay 0.0006% / 1h12m 56s$37810x
ShortApeX Omni NATGASUSDT3.00000.0100get 0.0013% / 1h12m 56s$37K$218K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni 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
$11.41
Price spread: +0.033% → 0.000%
$3.33
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$2.74
Costs to cover
0.120%
Break-even
5.3 days
Slippage unknown: Vest: no order-book sample; ApeX Omni: live order book, 53 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 ApeX Omni live order book, 53 min ago16.64 bp56.4 bp −$56275.9 bp −$2,759doesn'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 26 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%1h2.8359−5.438%as long as short
SunX NATGAS-USDT0.0000%4h3.0011+0.070%$2K$2.5M20xas long as short
Hotstuff NATGAS-PERP+0.0008%1h2.9987−0.010%$35K20xas long as short
QFEX NATGAS-USD+0.0019%1h2.99900.000%$658K$86K20xas long as short
Lighter NATGAS+0.0032%1h3.0001+0.037%$618K$445K10xas long as short
Vest NG-PERPlong+0.0046%1h2.9990long leg$37810x
tradeXYZ xyz:NATGAS+0.0050%1h2.9983−0.023%$5.9M$5.9M10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0030+0.133%$82K$27K10xas long as short
Paradex NG-USD-PERP+0.0072%8h2.9999+0.031%$5K5xas long as short
Extended XNG-USD+0.0072%1h2.9976−0.045%$110K$449K5xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NATGAS+0.0100%1h2.9993+0.010%$68K$33K10xas long as short
ApeX Omni NATGASUSDTshort+0.0100%1h3.0000+0.033%$37K$218K50x
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000+0.033%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0000+0.033%$1.5M$95K10xas long as short
KuCoin NATGASUSDTM+0.0172%4h2.99900.000%$1.0M$1.1M20xas long as short
Aster NATGASUSDT+0.0238%4h2.9986−0.014%$265K$73K50xas long as short
HTX NATGAS-USDT+0.0247%4h3.0005+0.050%$98K$212K75xas long as short
OKX NG-USDT-SWAP+0.0355%8h3.0000+0.033%$860K$1.7M50xas long as short
Variational Omni NATGAS+0.0384%4h3.0009+0.065%$311K$444Kas long as short
GRVT NATGAS_USDT_Perp+0.0416%4h3.0019+0.096%$12K$214K25xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0423% / S −0.0360%1h2.9995+0.017%$92K45xas long as short
Gate NG_USDT+0.0431%8h3.0020+0.100%$1.5M$219K100xas long as short
edgeX NATGASUSDC+0.0440%4h3.0009+0.065%$85K$213K20xas long as short
Binance NATGASUSDT+0.0450%4h2.99900.000%$10.2M$29.1M100xas long as short
Bitget NATGASUSDT+0.0702%4h2.9980−0.033%$9.9M$3.4M100xas long as short
Kraken Futures PF_NATGASUSD+0.0826%1h3.0007+0.056%$53K$38K20xas long as short