ArbiLayer

NG arbitrage

live

Live NG price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread+0.24%OKX → Gate · Perp–Perp
Best perp–perp spread+0.40%OKX → Gate
Markets tracked22 venues · 2 perp · 0 spot · 0 DEX
Price range0.43%$3.22 – $3.24

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
No venue pairs for this coin in this mode right now.
Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

NG price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
OKX logoOKXPerpetual · NG-USDT-SWAPPerpetual $3.22$3.23$3.22-0.22% +2.086%$6.26M
Gate logoGatePerpetual · NG_USDTPerpetual $3.24$3.24$3.24+0.22% +1.813%$1.72M
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

NG arbitrage explained

Right now NG trades on 2 venues we scan: 2 perpetual markets, 0 spot markets and 0 DEX pools. The lowest ask is on OKX perp at $3.23 and the highest bid on Gate perp at $3.24.

The widest NG perpetual spread is between OKX and Gate: long NG on OKX at $3.23 and short on Gate at $3.24 for +0.40% gross, or +0.24% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is -0.273% per day, which the position pays while it is open.

Small NG gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.

Related: NG funding rates · NG spread charts · arbitrage scanner for all coins.

Is there a NG arbitrage opportunity right now?

The best NG route right now is to buy on OKX → sell on Gate (Perp–Perp): +0.40% gross and +0.24% after fees. It is positive after the fee model, but check depth and funding before trading.

Which exchange has the cheapest NG?

OKX (perp) has the lowest NG ask at $3.23, and Gate (perp) the highest bid at $3.24. Prices update every 15 seconds on this page.

How many exchanges list NG?

ArbiLayer tracks 2 NG markets on 2 venues: 2 perpetual, 0 spot and 0 DEX pools.

How do I arbitrage NG without transferring coins?

Use two perpetual contracts: go long NG on the cheaper exchange (OKX now) and short it on the more expensive one (Gate), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins