NATGAS

Alert

Spread before costs (cost unknown: a leg has no order-book sample)+5.679%

7d average—if it closes, per $10,000$568funding while held, a day+$0.13

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest NG-PERP	2.8420	0.0046	pay 0.0006% / 1h	42m 47s	—	$378	10x
Short	tradeXYZ xyz:NATGAS	3.0034	0.0050	get 0.0006% / 1h	42m 47s	$5.8M	$6.1M	10x

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 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee VestbpFee tradeXYZbpOrdersClose when spread is

Spread captured: $567.91
Funding while held: $0.13
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: $548.04
Spread needed to break even: 0.200%

Slippage unknown: Vest: no order-book sample; tradeXYZ: live order book, 6 min ago. Net counts fees only.

Cost of waiting

funding view

Funding /8h: +0.0004%
Per $10,000 a day: +$0.13
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 tradeXYZ live order book, 6 min ago	0.50 bp	11.3 bp −$11	doesn't fit	doesn't fit	doesn'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 price on every exchange

against the cheapest. Click to use as the short leg.

gTrade (Gains Network)2.8396cheapest

Vest2.8420+0.085%

Orderly3.0000+5.649%

GMX3.0015+5.702%

Lighter3.0020+5.719%

QFEX3.0020+5.719%

Bitget3.0020+5.719%

Phemex3.0020+5.719%

Pacifica3.0022+5.725%

HTX3.0022+5.726%

Hotstuff3.0023+5.730%

Paradex3.0024+5.733%

Kraken Futures3.0027+5.742%

OKX3.0030+5.754%

KuCoin3.0030+5.754%

tradeXYZ3.0034+5.768%

Extended3.0035+5.773%

Aster3.0039+5.787%

Gate3.0040+5.790%

BloFin3.0040+5.790%

Binance3.0050+5.825%

SunX3.0052+5.832%

edgeX3.0067+5.883%

Ondo Perps3.0070+5.895%

Variational Omni3.0076+5.915%

ApeX Omni3.0100+6.001%

NATGAS 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	−0.084%	L 0.0000% / S 0.0000%	1h	—	—	—	as long as short
Vest NG-PERPlong	0.000%	+0.0046%	1h	—	$378	10x
Orderly PERP_NATGAS_USDC_mythos	+5.559%	+0.0100%	8h	$3K	$278	10x	as long as short
GMX NATGAS/USD [ETH-USDC]	+5.612%	L +0.0412% / S −0.0333%	1h	$93K	—	45x	as long as short
Lighter NATGAS	+5.630%	+0.0032%	1h	$620K	$407K	10x	as long as short
QFEX NATGAS-USD	+5.630%	+0.0002%	1h	$659K	$142K	20x	as long as short
Bitget NATGASUSDT	+5.630%	+0.0696%	4h	$10.0M	$4.2M	100x	as long as short
Phemex NGUSDT	+5.630%	+0.0100%	4h	$1.5M	$93K	10x	as long as short
Pacifica NATGAS	+5.636%	+0.0100%	1h	$82K	$21K	10x	as long as short
HTX NATGAS-USDT	+5.637%	0.0000%	4h	$97K	$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	+5.640%	−0.0032%	1h	$35K	—	20x	as long as short
Paradex NG-USD-PERP	+5.644%	+0.0050%	8h	$5K	—	5x	as long as short
Kraken Futures PF_NATGASUSD	+5.653%	+0.0423%	1h	$52K	$56K	20x	as long as short
OKX NG-USDT-SWAP	+5.665%	+0.0238%	8h	$895K	$1.7M	50x	as long as short
KuCoin NATGASUSDTM	+5.665%	+0.0100%	4h	$969K	$1.0M	20x	as long as short
tradeXYZ xyz:NATGASshort	+5.679%	+0.0050%	1h	$5.8M	$6.1M	10x
Extended XNG-USD	+5.684%	+0.0032%	1h	$104K	$1.4M	5x	as long as short
Aster NATGASUSDT	+5.697%	+0.0080%	4h	$265K	$103K	50x	as long as short
Gate NG_USDT	+5.700%	+0.0345%	8h	$1.5M	$375K	100x	as long as short
BloFin NG-USDT	+5.700%	+0.0233%	8h	$85K	$190K	20x	as long as short
Binance NATGASUSDT	+5.735%	+0.0177%	4h	$10.0M	$30.5M	100x	as long as short
SunX NATGAS-USDT	+5.742%	0.0000%	4h	$2K	$2.6M	20x	as long as short
edgeX NATGASUSDC	+5.794%	+0.0177%	4h	$85K	$214K	20x	as long as short
Ondo Perps NATGAS-USD.P	+5.806%	+0.0050%	1h	$87K	$70K	10x	as long as short
Variational Omni NATGAS	+5.826%	+0.0140%	4h	$663K	$147K	—	as long as short
ApeX Omni NATGASUSDT	+5.911%	+0.0100%	1h	$37K	$215K	50x	as long as short