Funding you earn now, next payment 23:00 UTC+0.0406%/8h= +44.4% APRpaid last 24h +0.081%
Price spread now: Variational Omni against ApeX Omni+0.137%7-day average +0.003% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.026%+$3 on $10k
+Price spread, last 3 days (all we have)−0.105%−$10 · spread now +0.137%, 7d avg +0.003%
=Together, before fees−0.079%+ Points / potential airdropVariational Omni: Active · farm board−$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Variational Omni is 0.134% dearer against ApeX Omni than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.003%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.026% in total (about 2.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni NATGASUSDT | 2.9900 | 0.0100 | pay 0.0013% / 1h | 6m 52s | $36K | $216K | 50x |
| Short | Variational Omni NATGAS | 2.9941 | 0.0506 | get 0.0253% / 4h | 1h 06m | $311K | $444K | — |
ApeX Omni NATGASUSDT
Variational Omni NATGASFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against ApeX Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $85.24
- Price spread: +0.137% → +0.003%
- $13.35
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $88.59
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: ApeX Omni: live order book, 9 min ago; Variational Omni: RFQ quote, 12 min ago. Net counts fees only.
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 ApeX Omni live order book, 9 min ago | 16.69 bp | 54.7 bp −$55 | 263.4 bp −$2,634 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 12 min ago | 4.49 bp | doesn't fit | 9.3 bp −$93 | doesn't fit | doesn't fit |
NATGAS on 27 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8281 | −5.415% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 2.9952 | +0.174% | $2K | $2.6M | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 2.9935 | +0.117% | $619K | $411K | 10x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 2.9930 | +0.100% | — | $378 | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 2.9960 | +0.201% | $84K | $45K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0062% | 1h | 2.9920 | +0.067% | $5.9M | $6.0M | 10x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 2.9917 | +0.056% | $68K | $34K | 10x | as long as short |
| ApeX Omni NATGASUSDTlong | +0.0100% | 1h | 2.9900 | long leg | $36K | $216K | 50x | |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 2.9900 | 0.000% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 2.9930 | +0.100% | $1.5M | $99K | 10x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
Lighter NATGAS
Vest NG-PERP
Ondo Perps NATGAS-USD.P
tradeXYZ xyz:NATGAS
Pacifica NATGAS
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex NG-USD-PERP | +0.0102% | 8h | 2.9932 | +0.107% | $5K | — | 5x | as long as short |
| KuCoin NATGASUSDTM | +0.0128% | 4h | 2.9920 | +0.067% | $1.0M | $1.2M | 20x | as long as short |
| HTX NATGAS-USDT | +0.0155% | 4h | 2.9971 | +0.237% | $98K | $215K | 75x | as long as short |
| QFEX NATGAS-USD | +0.0160% | 1h | 2.9930 | +0.100% | $657K | $86K | 20x | as long as short |
| Hotstuff NATGAS-PERP | +0.0192% | 1h | 2.9932 | +0.107% | $35K | — | 20x | as long as short |
| Gate NG_USDT | +0.0221% | 8h | 2.9960 | +0.201% | $1.5M | $307K | 100x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0286% | 4h | 2.9938 | +0.126% | $13K | $246K | 25x | as long as short |
| BloFin NG-USDT | +0.0287% | 8h | 2.9920 | +0.067% | $80K | $189K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0288% | 8h | 2.9930 | +0.100% | $856K | $1.7M | 50x | as long as short |
| Extended XNG-USD | +0.0320% | 1h | 2.9911 | +0.038% | $110K | $471K | 5x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0406% / S −0.0333% | 1h | 2.9935 | +0.117% | $93K | — | 45x | as long as short |
| Aster NATGASUSDT | +0.0463% | 4h | 2.9937 | +0.124% | $265K | $105K | 50x | as long as short |
| Variational Omni NATGASshort | +0.0506% | 4h | 2.9941 | +0.137% | $311K | $444K | — | |
| Kraken Futures PF_NATGASUSD | +0.0515% | 1h | 2.9950 | +0.166% | $52K | $42K | 20x | as long as short |
| Binance NATGASUSDT | +0.0559% | 4h | 2.9930 | +0.100% | $10.1M | $30.5M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0593% | 4h | 2.9941 | +0.137% | $85K | $211K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0734% | 4h | 2.9900 | 0.000% | $10.0M | $3.9M | 100x | as long as short |
Paradex NG-USD-PERP
KuCoin NATGASUSDTM
HTX NATGAS-USDT
QFEX NATGAS-USD
Hotstuff NATGAS-PERP
Gate NG_USDT
GRVT NATGAS_USDT_Perp
BloFin NG-USDT
OKX NG-USDT-SWAP
Extended XNG-USD
GMX NATGAS/USD [ETH-USDC]
Aster NATGASUSDT
Kraken Futures PF_NATGASUSD
Binance NATGASUSDT
edgeX NATGASUSDC
Bitget NATGASUSDT