Funding you earn now, next payment 02:00 UTC+0.0379%/8h= +41.5% APRpaid last 24h +0.078%
Price spread now: Variational Omni against Hotstuff+0.026%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHotstuff: Active · Variational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Variational Omni is 0.026% dearer against Hotstuff than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff NATGAS-PERP | 2.9992 | 0.0040 | pay 0.0005% / 1h | 4m 11s | $35K | — | 20x |
| Short | Variational Omni NATGAS | 3.0000 | 0.0419 | get 0.0210% / 4h | 2h 04m | $311K | $444K | — |
Hotstuff NATGAS-PERP
Variational Omni NATGASFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Hotstuff. 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
- $79.67
- Price spread: +0.026% → 0.000%
- $2.58
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $77.26
- Costs to cover
- 0.050%
- Break-even
- 0.2 days
Slippage unknown: Hotstuff: no order-book sample; Variational Omni: RFQ quote, 65 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 Hotstuff no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 65 min ago | 4.49 bp | doesn't fit | 9.7 bp −$97 | doesn't fit | doesn't fit |
Hotstuff: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
NATGAS on 25 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0021 | +0.097% | $2K | $2.5M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0019% | 1h | 3.0000 | +0.027% | $658K | $86K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0014 | +0.073% | $618K | $445K | 10x | as long as short |
| Extended XNG-USD | +0.0040% | 1h | 2.9987 | −0.017% | $110K | $446K | 5x | as long as short |
| Hotstuff NATGAS-PERPlong | +0.0040% | 1h | 2.9992 | long leg | $35K | — | 20x | |
| Vest NG-PERP | +0.0046% | 1h | 2.9990 | −0.007% | — | $378 | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 2.9993 | +0.003% | $5.9M | $5.9M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0019 | +0.090% | $82K | $27K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0068% | 8h | 3.0006 | +0.047% | $5K | — | 5x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 2.9996 | +0.014% | $68K | $33K | 10x | as long as short |
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
Vest NG-PERP
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
Pacifica NATGASShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | +0.027% | $37K | $218K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | +0.027% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0000 | +0.027% | $1.5M | $95K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0222% | 4h | 3.0000 | +0.027% | $1.0M | $1.1M | 20x | as long as short |
| HTX NATGAS-USDT | +0.0245% | 4h | 3.0024 | +0.107% | $98K | $212K | 75x | as long as short |
| Aster NATGASUSDT | +0.0265% | 4h | 2.9998 | +0.021% | $265K | $73K | 50x | as long as short |
| OKX NG-USDT-SWAP | +0.0364% | 8h | 3.0000 | +0.027% | $861K | $1.7M | 50x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0410% | 4h | 3.0000 | +0.027% | $12K | $214K | 25x | as long as short |
| Variational Omni NATGASshort | +0.0419% | 4h | 3.0000 | +0.026% | $311K | $444K | — | |
| Gate NG_USDT | +0.0420% | 8h | 3.0030 | +0.127% | $1.5M | $219K | 100x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0424% / S −0.0361% | 1h | 3.0005 | +0.043% | $92K | — | 45x | as long as short |
| edgeX NATGASUSDC | +0.0464% | 4h | 3.0000 | +0.025% | $85K | $212K | 20x | as long as short |
| Binance NATGASUSDT | +0.0476% | 4h | 3.0000 | +0.027% | $10.2M | $29.0M | 100x | as long as short |
| Bitget NATGASUSDT | +0.0760% | 4h | 2.9990 | −0.007% | $9.9M | $3.4M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0826% | 1h | 3.0013 | +0.071% | $53K | $38K | 20x | as long as short |
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
KuCoin NATGASUSDTM
HTX NATGAS-USDT
Aster NATGASUSDT
OKX NG-USDT-SWAP
GRVT NATGAS_USDT_Perp
Gate NG_USDT
GMX NATGAS/USD [ETH-USDC]
edgeX NATGASUSDC
Binance NATGASUSDT
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD