Spread before costs (cost unknown: a leg has no order-book sample)+5.738%
7d average—if it closes, per $10,000$574funding while held, a day+$13.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest NG-PERP | 2.8480 | 0.0046 | pay 0.0006% / 1h | 2m 13s | — | $378 | 10x |
| Short | Kraken Futures PF_NATGASUSD | 3.0114 | 0.0479 | get 0.0060% / 1h | 2m 13s | $53K | $55K | 20x |
Vest NG-PERP
Kraken Futures PF_NATGASUSDPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $573.83
- Funding while held
- $13
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $574.83
- Spread needed to break even
- 0.120%
Slippage unknown: Vest: no order-book sample; Kraken Futures: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0433%
- Per $10,000 a day
- +$13.00
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Vest no order-book sample | — | — | — | — | — |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Vest and Kraken Futures: 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)2.8476cheapest
gTrade (Gains Network)Vest2.8480+0.014%
BloFin3.0050+5.527%
BloFinBitget3.0070+5.598%
BitgetOKX3.0080+5.633%
OKXVariational Omni3.0088+5.659%
Variational OmniKuCoin3.0090+5.668%
KuCoinPhemex3.0090+5.668%
PhemexHTX3.0091+5.671%
HTXHotstuff3.0095+5.685%
HotstuffPacifica3.0098+5.695%
PacificaQFEX3.0100+5.703%
QFEXApeX Omni3.0100+5.703%
ApeX OmniOrderly3.0100+5.703%
OrderlyBinance3.0103+5.715%
BinanceGMX3.0105+5.721%
GMXExtended3.0106+5.725%
ExtendedtradeXYZ3.0110+5.738%
tradeXYZAster3.0110+5.738%
AsterLighter3.0113+5.749%
LighterOndo Perps3.0113+5.749%
Ondo PerpsParadex3.0114+5.753%
ParadexKraken Futures3.0114+5.753%
Gate3.0120+5.773%
GateSunX3.0122+5.780%
SunXNATGAS on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) NATGAS/USD | −0.014% | L 0.0000% / S 0.0000% | 1h | — | — | — | as long as short |
| Vest NG-PERPlong | 0.000% | +0.0046% | 1h | — | $378 | 10x | |
| BloFin NG-USDT | +5.513% | +0.0250% | 8h | $85K | $190K | 20x | as long as short |
| Bitget NATGASUSDT | +5.583% | +0.0710% | 4h | $10.0M | $4.1M | 100x | as long as short |
| edgeX NATGASUSDC | +5.613% | +0.0200% | 4h | $85K | $213K | 20x | as long as short |
| OKX NG-USDT-SWAP | +5.618% | +0.0251% | 8h | $896K | $1.7M | 50x | as long as short |
| Variational Omni NATGAS | +5.645% | +0.0140% | 4h | $663K | $149K | — | as long as short |
| KuCoin NATGASUSDTM | +5.653% | +0.0100% | 4h | $1.0M | $1.0M | 20x | as long as short |
| Phemex NGUSDT | +5.653% | +0.0100% | 4h | $1.5M | $92K | 10x | as long as short |
| HTX NATGAS-USDT | +5.657% | 0.0000% | 4h | $98K | $223K | 75x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Hotstuff NATGAS-PERP | +5.671% | +0.0120% | 1h | $35K | — | 20x | as long as short |
| Pacifica NATGAS | +5.680% | +0.0100% | 1h | $82K | $21K | 10x | as long as short |
| QFEX NATGAS-USD | +5.688% | +0.0003% | 1h | $661K | $142K | 20x | as long as short |
| ApeX Omni NATGASUSDT | +5.688% | +0.0100% | 1h | $37K | $215K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +5.688% | +0.0100% | 8h | $3K | $278 | 10x | as long as short |
| Binance NATGASUSDT | +5.700% | +0.0176% | 4h | $10.1M | $30.0M | 100x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | +5.706% | L +0.0413% / S −0.0333% | 1h | $94K | — | 45x | as long as short |
| Extended XNG-USD | +5.710% | +0.0032% | 1h | $109K | $1.4M | 5x | as long as short |
| tradeXYZ xyz:NATGAS | +5.723% | +0.0050% | 1h | $5.7M | $6.0M | 10x | as long as short |
| Aster NATGASUSDT | +5.723% | +0.0082% | 4h | $266K | $103K | 50x | as long as short |
| Lighter NATGAS | +5.734% | +0.0032% | 1h | $622K | $406K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +5.734% | +0.0050% | 1h | $87K | $68K | 10x | as long as short |
| Paradex NG-USD-PERP | +5.738% | +0.0050% | 8h | $5K | — | 5x | as long as short |
| Kraken Futures PF_NATGASUSDshort | +5.738% | +0.0479% | 1h | $53K | $55K | 20x | |
| Gate NG_USDT | +5.758% | +0.0351% | 8h | $1.5M | $375K | 100x | as long as short |
| SunX NATGAS-USDT | +5.765% | 0.0000% | 4h | $2K | $2.6M | 20x | as long as short |