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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0005%/8h= +0.5% APRnext payment +$0.01 per $10,000 · paid last 24h +0.007%
Price spread now: Ondo Perps against Vest−0.033%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 airdropVest: Active · Ondo Perps: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Ondo Perps is 0.033% cheaper against Vest than usual: you would sell low and buy high, −$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest NG-PERP3.00500.0046pay 0.0006% / 1h33m 08s$14K10x
ShortOndo Perps NATGAS-USD.P3.00400.0050get 0.0006% / 1h33m 08s$83K$26K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
$0.99
Price spread: −0.033% → 0.000%
−$3.33
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$9.34
Costs to cover
0.070%
Break-even
72.9 days
Slippage unknown: Vest: no order-book sample; Ondo Perps: 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 Vest no order-book sample
Sell Ondo Perps no order-book sample
Vest and Ondo Perps: 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%1h2.8476−5.238%as long as short
SunX NATGAS-USDT0.0000%4h3.0082+0.106%$2K$2.4M20xas long as short
QFEX NATGAS-USD+0.0022%1h3.00500.000%$659K$85K20xas long as short
Lighter NATGAS+0.0032%1h3.00500.000%$619K$494K10xas long as short
Extended XNG-USD+0.0032%1h3.0038−0.040%$110K$428K5xas long as short
Hotstuff NATGAS-PERP+0.0040%1h3.0058+0.027%$35K20xas long as short
Vest NG-PERPlong+0.0046%1h3.0050long leg$14K10x
Ondo Perps NATGAS-USD.Pshort+0.0050%1h3.0040−0.033%$83K$26K10x
Paradex NG-USD-PERP+0.0055%8h3.0064+0.046%$5K5xas long as short
Pacifica NATGAS+0.0100%1h3.0045−0.017%$68K$33K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.166%$37K$216K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.166%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0060+0.033%$1.5M$94K10xas long as short
tradeXYZ xyz:NATGAS+0.0117%1h3.0055+0.017%$6.0M$5.9M10xas long as short
HTX NATGAS-USDT+0.0217%4h3.0070+0.067%$105K$212K75xas long as short
GRVT NATGAS_USDT_Perp+0.0348%4h3.0041−0.031%$25K$227K25xas long as short
KuCoin NATGASUSDTM+0.0374%4h3.0040−0.033%$1.1M$1.0M20xas long as short
Aster NATGASUSDT+0.0408%4h3.0044−0.019%$266K$73K50xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0453% / S −0.0393%1h3.0065+0.050%$92K45xas long as short
Gate NG_USDT+0.0458%8h3.0080+0.100%$1.5M$192K100xas long as short
BloFin NG-USDT+0.0468%8h3.00500.000%$80K$188K20xas long as short
OKX NG-USDT-SWAP+0.0492%8h3.00500.000%$855K$1.7M50xas long as short
Variational Omni NATGAS+0.0601%4h3.0050−0.001%$312K$444Kas long as short
Binance NATGASUSDT+0.0625%4h3.0060+0.033%$10.2M$28.6M100xas long as short
edgeX NATGASUSDC+0.0635%4h3.0050−0.001%$85K$213K20xas long as short
Kraken Futures PF_NATGASUSD+0.0993%1h3.0077+0.088%$54K$34K20xas long as short
Bitget NATGASUSDT+0.1004%4h3.0030−0.067%$9.9M$3.3M100xas long as short