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+0.0074%/8h= +8.1% APRpaid last 24h +0.059%
Price spread now: Aster against Vest+0.043%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 · Aster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Aster is 0.043% dearer against Vest than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest NG-PERP3.00100.0046pay 0.0006% / 1h56m 10s$37810x
ShortAster NATGASUSDT3.00230.0119get 0.0060% / 4h2h 56m$266K$73K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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
$15.46
Price spread: +0.043% → 0.000%
$4.28
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Aster: 4 bp × 2 orders
−$8
Net
$9.75
Costs to cover
0.100%
Break-even
2.6 days
Slippage unknown: Vest: no order-book sample; Aster: live order book, 11 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 Aster live order book, 11 min ago6.66 bp13.8 bp −$1416.0 bp −$160doesn'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 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%1h2.8365−5.482%as long as short
SunX NATGAS-USDT0.0000%4h3.0031+0.070%$2K$2.6M20xas long as short
QFEX NATGAS-USD+0.0019%1h3.0020+0.033%$659K$86K20xas long as short
Extended XNG-USD+0.0032%1h2.9985−0.084%$110K$451K5xas long as short
Vest NG-PERPlong+0.0046%1h3.0010long leg$37810x
tradeXYZ xyz:NATGAS+0.0050%1h2.9991−0.063%$5.9M$5.9M10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0047+0.123%$84K$26K10xas long as short
Paradex NG-USD-PERP+0.0053%8h3.0026+0.052%$5K5xas long as short
Lighter NATGAS+0.0072%1h3.0007−0.010%$617K$443K10xas long as short
Pacifica NATGAS+0.0100%1h3.0014+0.015%$68K$33K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NATGASUSDTM+0.0100%4h3.0000−0.033%$1.0M$1.1M20xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.033%$37K$217K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.033%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0020+0.033%$1.5M$94K10xas long as short
Aster NATGASUSDTshort+0.0119%4h3.0023+0.043%$266K$73K50x
Hotstuff NATGAS-PERP+0.0128%1h3.0007−0.010%$35K20xas long as short
HTX NATGAS-USDT+0.0200%4h3.0031+0.070%$98K$211K75xas long as short
Variational Omni NATGAS+0.0229%4h3.0010+0.001%$312K$443Kas long as short
BloFin NG-USDT+0.0264%8h2.9990−0.067%$81K$189K20xas long as short
OKX NG-USDT-SWAP+0.0282%8h3.00100.000%$865K$1.7M50xas long as short
edgeX NATGASUSDC+0.0300%4h3.0034+0.079%$85K$213K20xas long as short
Binance NATGASUSDT+0.0305%4h3.0013+0.010%$10.1M$29.2M100xas long as short
GRVT NATGAS_USDT_Perp+0.0336%4h3.0020+0.033%$25K$200K25xas long as short
Gate NG_USDT+0.0393%8h3.0030+0.067%$1.5M$217K100xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0416% / S −0.0352%1h3.0015+0.017%$92K45xas long as short
Bitget NATGASUSDT+0.0458%4h3.0000−0.033%$9.9M$3.5M100xas long as short
Kraken Futures PF_NATGASUSD+0.0825%1h3.0027+0.056%$52K$36K20xas long as short