Funding you earn now, next payment 12:00 UTC+0.0188%/8h= +20.6% APRnext payment +$0.94 per $10,000 · paid last 24h +0.057%
Price spread now: Variational Omni against GRVT+0.063%7-day average +0.002% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.102%+$10 on $10k
+Price spread, last 4 days (all we have)−0.097%−$10 · spread now +0.063%, 7d avg +0.002%
=Together, before fees+0.005%+ Points / potential airdropGRVT: Active · Variational Omni: Active · farm board$0 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Variational Omni is 0.061% dearer against GRVT than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.002%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT NATGAS_USDT_Perp | 2.9940 | 0.0194 | pay 0.0097% / 4h | 2h 55m | $20K | $205K | 25x |
| Short | Variational Omni NATGAS | 2.9959 | 0.0382 | get 0.0191% / 4h | 2h 55m | $355K | $429K | — |
GRVT NATGAS_USDT_Perp
Variational Omni NATGASFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against GRVT. 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
- $39.43
- Price spread: +0.063% → +0.002%
- $6.14
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $36.57
- Costs to cover
- 0.090%
- Break-even
- 0.5 days
Slippage unknown: GRVT: live order book, 37 min ago; Variational Omni: RFQ quote, 39 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 GRVT live order book, 37 min ago | 1.66 bp | 12.4 bp −$12 | 17.3 bp −$173 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 39 min ago | 4.49 bp | doesn't fit | 7.9 bp −$79 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff NATGAS-PERP | −0.0008% | 1h | 2.9967 | +0.090% | $35K | — | 20x | as long as short |
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8324 | −5.398% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 2.9991 | +0.170% | $2K | $2.1M | 20x | as long as short |
| HTX NATGAS-USDT | +0.0019% | 4h | 2.9976 | +0.120% | $118K | $222K | 75x | as long as short |
| QFEX NATGAS-USD | +0.0024% | 1h | 2.9970 | +0.100% | $660K | $98K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 2.9984 | +0.146% | $632K | $484K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 2.9977 | +0.125% | $112K | $259K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 2.9980 | +0.133% | — | $14K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 2.9973 | +0.110% | $6.0M | $5.6M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 2.9973 | +0.110% | $84K | $28K | 10x | as long as short |
Hotstuff NATGAS-PERP
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
HTX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
Vest NG-PERP
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.PShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex NG-USD-PERP | +0.0075% | 8h | 2.9981 | +0.136% | $5K | — | 5x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 2.9964 | +0.080% | $70K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 2.9900 | −0.134% | $36K | $214K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | +0.200% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 2.9970 | +0.100% | $1.5M | $92K | 10x | as long as short |
| GRVT NATGAS_USDT_Perplong | +0.0194% | 4h | 2.9940 | long leg | $20K | $205K | 25x | |
| Aster NATGASUSDT | +0.0211% | 4h | 2.9958 | +0.058% | $264K | $68K | 50x | as long as short |
| KuCoin NATGASUSDTM | +0.0230% | 4h | 2.9970 | +0.100% | $1.1M | $849K | 20x | as long as short |
| Gate NG_USDT | +0.0246% | 8h | 3.0010 | +0.233% | $1.5M | $198K | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0298% | 1h | 2.9971 | +0.103% | $53K | $45K | 20x | as long as short |
| Variational Omni NATGASshort | +0.0382% | 4h | 2.9959 | +0.063% | $355K | $429K | — | |
| Binance NATGASUSDT | +0.0401% | 4h | 2.9977 | +0.124% | $9.8M | $31.5M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0412% | 4h | 2.9956 | +0.054% | $85K | $211K | 20x | as long as short |
| BloFin NG-USDT | +0.0467% | 8h | 2.9970 | +0.100% | $77K | $198K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0487% | 8h | 2.9960 | +0.066% | $811K | $1.9M | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0587% / S −0.0602% | 1h | 2.9975 | +0.116% | $88K | — | 45x | as long as short |
| Bitget NATGASUSDT | +0.0854% | 4h | 2.9960 | +0.066% | $9.9M | $3.0M | 100x | as long as short |
Paradex NG-USD-PERP
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Aster NATGASUSDT
KuCoin NATGASUSDTM
Gate NG_USDT
Kraken Futures PF_NATGASUSD
Binance NATGASUSDT
edgeX NATGASUSDC
BloFin NG-USDT
OKX NG-USDT-SWAP
GMX NATGAS/USD [ETH-USDC]
Bitget NATGASUSDT