data as of
Settings8H · net · $10k
Price arb /

NATGAS

RWAall NATGAS markets
SwapFunding view
Alert
Spread before costs (cost unknown: a leg has no order-book sample)−0.039%
7d averageif it closes, per $10,000$4funding while held, a day−$1.38
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest NG-PERP2.84700.0046pay 0.0006% / 1h3m 34s$37810x
ShortgTrade (Gains Network) NATGAS/USD2.8459L 0.0000% / S 0.0000%pay 0.0000% / 1h3m 34s

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$3.86
Funding while held
−$1.38
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$17.24
Spread needed to break even
0.120%
Slippage unknown: Vest: no order-book sample; gTrade (Gains Network): no order-book sample. Net counts fees only.

Cost of waiting

funding view
Funding /8h
−0.0046%
Per $10,000 a day
$1.38
Average in range /8h

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 gTrade (Gains Network) no order-book sample
Vest and gTrade (Gains Network): 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)2.8459cheapest
Vest2.8470+0.039%
Orderly3.0000+5.415%
BloFin3.0050+5.590%
Aster3.0068+5.653%
KuCoin3.0070+5.661%
Bitget3.0070+5.661%
edgeX3.0079+5.691%
OKX3.0080+5.696%
Phemex3.0080+5.696%
Pacifica3.0082+5.703%
Ondo Perps3.0084+5.710%
GMX3.0085+5.713%
Variational Omni3.0088+5.722%
HTX3.0088+5.724%
Binance3.0089+5.728%
tradeXYZ3.0090+5.731%
QFEX3.0090+5.731%
Hotstuff3.0095+5.749%
Kraken Futures3.0096+5.751%
Extended3.0097+5.757%
ApeX Omni3.0100+5.766%
Lighter3.0102+5.773%
SunX3.0102+5.773%
Paradex3.0103+5.778%
Gate3.0110+5.801%

NATGAS on 26 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
gTrade (Gains Network) NATGAS/USDshort−0.039%L 0.0000% / S 0.0000%1h
Vest NG-PERPlong0.000%+0.0046%1h$37810x
Orderly PERP_NATGAS_USDC_mythos+5.374%+0.0100%8h$3K$27810xas long as short
BloFin NG-USDT+5.550%+0.0259%8h$85K$190K20xas long as short
Aster NATGASUSDT+5.612%+0.0083%4h$265K$103K50xas long as short
KuCoin NATGASUSDTM+5.620%+0.0100%4h$1.0M$1.0M20xas long as short
Bitget NATGASUSDT+5.620%+0.0708%4h$10.0M$4.1M100xas long as short
edgeX NATGASUSDC+5.650%+0.0200%4h$85K$213K20xas long as short
OKX NG-USDT-SWAP+5.655%+0.0251%8h$896K$1.7M50xas long as short
Phemex NGUSDT+5.655%+0.0100%4h$1.5M$92K10xas long as short
Show all 26 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Pacifica NATGAS+5.662%+0.0100%1h$82K$21K10xas long as short
Ondo Perps NATGAS-USD.P+5.669%+0.0050%1h$87K$68K10xas long as short
GMX NATGAS/USD [ETH-USDC]+5.673%L +0.0413% / S −0.0333%1h$94K45xas long as short
Variational Omni NATGAS+5.682%+0.0140%4h$663K$149Kas long as short
HTX NATGAS-USDT+5.683%0.0000%4h$98K$223K75xas long as short
Binance NATGASUSDT+5.687%+0.0177%4h$10.1M$30.0M100xas long as short
tradeXYZ xyz:NATGAS+5.690%+0.0050%1h$5.7M$6.0M10xas long as short
QFEX NATGAS-USD+5.690%+0.0003%1h$661K$142K20xas long as short
Hotstuff NATGAS-PERP+5.708%+0.0120%1h$35K20xas long as short
Kraken Futures PF_NATGASUSD+5.710%+0.0479%1h$53K$55K20xas long as short
Extended XNG-USD+5.716%+0.0032%1h$109K$1.4M5xas long as short
ApeX Omni NATGASUSDT+5.725%+0.0100%1h$37K$215K50xas long as short
Lighter NATGAS+5.732%+0.0032%1h$622K$406K10xas long as short
SunX NATGAS-USDT+5.732%0.0000%4h$2K$2.6M20xas long as short
Paradex NG-USD-PERP+5.737%+0.0050%8h$5K5xas long as short
Gate NG_USDT+5.760%+0.0348%8h$1.5M$375K100xas long as short