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+0.0190%/8h= +20.9% APRnext payment +$0.95 per $10,000 · paid last 24h +0.025%
Price spread now: Variational Omni against Aster−0.028%7-day average −0.010% · 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)+0.032%+$3 on $10k
Price spread, last 4 days (all we have)+0.015%+$1 · spread now −0.028%, 7d avg −0.010%
Together, before fees+0.047%+ Points / potential airdropAster: Stage 5 · Variational Omni: Active · farm board+$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.010%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.032% in total (about 3.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.95 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster NATGASUSDT3.00180.0404pay 0.0202% / 4h44m 35s$265K$73K50x
ShortVariational Omni NATGAS3.00090.0594get 0.0297% / 4h44m 35s$311K$444K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Aster. 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
$40
Price spread: −0.028% → −0.010%
−$1.85
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$30.15
Costs to cover
0.080%
Break-even
1.7 days
Slippage unknown: Aster: live order book, 12 min ago; Variational Omni: RFQ quote, 14 min ago. 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 Aster live order book, 12 min ago6.66 bp71.4 bp −$71doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 14 min ago4.48 bpdoesn't fit10.8 bp −$108doesn't fitdoesn't fit

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%1h2.8435−5.273%as long as short
SunX NATGAS-USDT0.0000%4h3.0031+0.044%$2K$2.4M20xas long as short
QFEX NATGAS-USD+0.0022%1h3.0020+0.007%$659K$85K20xas long as short
Hotstuff NATGAS-PERP+0.0024%1h3.0030+0.040%$35K20xas long as short
Lighter NATGAS+0.0032%1h3.0033+0.050%$619K$494K10xas long as short
Vest NG-PERP+0.0046%1h3.0030+0.040%$37810xas long as short
Extended XNG-USD+0.0048%1h3.00180.000%$110K$441K5xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0040+0.074%$82K$26K10xas long as short
Paradex NG-USD-PERP+0.0057%8h3.0036+0.059%$5K5xas long as short
tradeXYZ xyz:NATGAS+0.0094%1h3.0023+0.017%$6.0M$5.9M10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NATGAS+0.0100%1h3.0023+0.016%$68K$33K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.059%$37K$215K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.059%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0020+0.007%$1.5M$95K10xas long as short
HTX NATGAS-USDT+0.0217%4h3.0033+0.050%$105K$213K75xas long as short
KuCoin NATGASUSDTM+0.0362%4h3.0010−0.026%$1.1M$1.0M20xas long as short
GRVT NATGAS_USDT_Perp+0.0362%4h3.0000−0.059%$25K$227K25xas long as short
Aster NATGASUSDTlong+0.0404%4h3.0018long leg$265K$73K50x
Gate NG_USDT+0.0446%8h3.0050+0.107%$1.5M$189K100xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0446% / S −0.0385%1h3.0015−0.009%$92K45xas long as short
BloFin NG-USDT+0.0467%8h2.9990−0.093%$81K$188K20xas long as short
OKX NG-USDT-SWAP+0.0473%8h3.0010−0.026%$853K$1.7M50xas long as short
Variational Omni NATGASshort+0.0594%4h3.0009−0.028%$311K$444K
Binance NATGASUSDT+0.0618%4h3.0026+0.026%$10.2M$28.6M100xas long as short
edgeX NATGASUSDC+0.0635%4h3.0010−0.027%$85K$213K20xas long as short
Bitget NATGASUSDT+0.0992%4h2.9990−0.093%$9.9M$3.3M100xas long as short
Kraken Futures PF_NATGASUSD+0.0994%1h3.0026+0.026%$53K$34K20xas long as short