Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 3.2590 | L +0.3184S −0.7107 | pay 0.0398% / 1h | 16m 19s | $1.5M | $2.0M | 40x | Long GMX5% off | |
| SHORT | 3.2543 | +1.0000 | get 0.5000% / 4h | 16m 19s | $2.5M | $2.4M | 20x | Short Variational Omni+15% pts |
Price gap−0.145%
Funding gap+0.6816% /8h
Funding pays +$204 a day on $10k, but the gap is 0.021% under its 7d average: −$2 if it goes back, about under an hour of funding. At the last 7 days' pace that is about 2 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$196+0.6816% /8h now · paid +1.961% over the last 7D
Price−$2spread −0.145% now, avg −0.124% → −0.021% if it goes back
Costsno datano order book for GMX
Result, before costs+$194+1.94%+ Points / potential airdropVariational Omni: points · farm boardcosts unknown: no order book for GMX ·
The current funding rate is far above what this pair has been paying: over the last 7 days it paid +1.961% in total, about +0.0934%/8h on average.
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.145%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hNATGAS on 29 exchanges
lowest funding firstBefore you open
2 ok · 2 to watch- Note: Order book unknown—No order-book sample for GMX: its slippage is not counted.
- Note: Margin at max leverage$250 + $500GMX 40x, Variational Omni 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$204.48Long GMX: 24 payments, −$95.52; short Variational Omni: 6 payments, +$300.00.
- Watch: Gap narrower than usual−0.145% vs −0.124%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Note: Long leg is thinner$1.5M vs $2.5M OIBoth legs are deep; GMX is the smaller one.
- OK: Points on a legVariational Omni pointsVolume here counts toward the points program.
- OK: No KYC on either legGMX No · Variational Omni NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0934%/8h × 21 periods+$196.14
Price spread−0.145% → −0.124% (7d avg)−$2.11
Slippage, 4 ordersno data for GMX—
Fee GMX bp × 2 orders−$12.00
Fee Variational Omni bp × 2 orders$0.00
Net, fees only · 7 days · $10k+$182.03
Costs to cover0.120%Break-even0.5 days
Slippage: GMX: no order-book sample; Variational Omni: RFQ quote, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGGMX—————
SELL · SHORTVariational Omni4.297.8 bp−$811.4 bp−$114doesn’t fitdoesn’t fit
Closing costs about the same again.
GMX: no data.
NATGAS news
posts that mention NATGAS or Natural gas, from every exchange| 11-06 10:42 | gTrade (Gains Network) | Listing | new market NATGAS/USD ($NATGAS) seen by our collector |
| 10-26 12:25 | Kalshi | Other | JUST IN: Natural gas futures fall to lowest since April @Kalshi on X ↗ |
| 10-24 13:38 | ApeX Omni | Other | “We must save our wealth, our natural resources.” says @prabowo. Days later Indonesia cut the gas to @singapore. So why did US $NATGAS FALL 6%? Why Indonesia cut gas to Singapore, and what it really did to the markets👇 @OfficialApeXdex on X ↗ |
| 10-22 12:00 | KuCoin | Other | KuCoin TradFi now offers 170+ perpetual contract pairs across eight categories, giving eligible users 24/7 access to contracts referencing US, Hong Kong, and South Korean equities, metals, and other commodities. The lineup covers names like Tesla, NVIDIA, Micron, and SanDisk, plus crude oil, natural gas, copper, and silver, all settled in USDT. For VIP1+ users, the Unified Trading Account supports TradFi futures in one shared framework, and KCUSD can be used as margin while it keeps earning rewards. Explore the full lineup on the KuCoin Blog 👇 @kucoincom on X ↗ |
| 10-10 15:02 | Ondo Perps | Other | The most in-demand markets trade 24/7 as perpetuals, weekends included: ▸ Intel ▸ XRP ▸ Gold ▸ AMD ▸ Meta ▸ Tesla ▸ Ondo ▸ Silver ▸ Circle ▸ Apple ▸ Zcash ▸ Netflix ▸ CXMT ▸ TSMC ▸ PURR ▸ DRAM ▸ Oracle ▸ Micron ▸ Bitcoin ▸ US100 ▸ US500 ▸ Nebius ▸ Solana ▸ Ethena ▸ Marvell ▸ Unitree ▸ Copper ▸ NVIDIA ▸ BitMine ▸ Alibaba ▸ Palantir ▸ Corning ▸ SpaceX ▸ Sandisk ▸ Amazon ▸ Zhipu AI ▸ MiniMax ▸ Strategy ▸ SK hynix ▸ Moderna ▸ Alphabet ▸ Microsoft ▸ Semis 3x ▸ Cerebras ▸ USD/JPY ▸ Samsung ▸ Coinbase ▸ Take-Two ▸ Ethereum ▸ Broadcom ▸ Lumentum ▸ BlackBerry ▸ Robinhood ▸ Hyperliquid ▸ CoreWeave ▸ Natural Gas ▸ Arm Holdings ▸ S&P 500 ETF ▸ WTI Crude Oil ▸ Brent Crude Oil ▸ South Korea 3x ▸ Nasdaq 100 ETF ▸ South Korea ETF ▸ Uranium Miners ETF Alongside always-on spot markets: ▸ Tesla ▸ Circle ▸ DRAM ▸ Micron ▸ NVIDIA ▸ SpaceX ▸ Sandisk ▸ Alphabet ▸ Gold ETF ▸ OPAIPon ▸ Silver ETF ▸ S&P 500 ETF ▸ Nasdaq 100 ETF All on a single platform. @OndoPerps on X ↗ |
| 09-17 19:02 | tradeXYZ | Other | CVX references 1 share of Chevron Corporation common stock (NYSE: CVX), quoted in USD. Chevron produces crude oil and natural gas and manufactures transportation fuels, lubricants, and petrochemicals. @tradexyz on X ↗ |


gTrade (Gains Network)
Kalshi
ApeX Omni
KuCoin
tradeXYZ