Funding you earn now, next payment 04:00 UTC+0.0412%/8h= +45.2% APRnext payment +$2.06 per $10,000 · paid last 24h +0.074%
Price spread now: Variational Omni against HTX+0.001%7-day average −0.050% · 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)+0.102%+$10 on $10k
+Price spread, last 4 days (all we have)−0.018%−$2 · spread now +0.001%, 7d avg −0.050%
=Together, before fees+0.084%+ 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 0.051% dearer against HTX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.050%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.102% in total (about 10.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.06 per $10,000. 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 | HTX NATGAS-USDT | 3.0089 | 0.0198 | pay 0.0099% / 4h | 22m 52s | $105K | $211K | 75x |
| Short | Variational Omni NATGAS | 3.0089 | 0.0610 | get 0.0305% / 4h | 22m 52s | $312K | $444K | — |
HTX NATGAS-USDT
Variational Omni NATGASFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against HTX. 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
- $86.59
- Price spread: +0.001% → −0.050%
- $5.1
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $79.69
- Costs to cover
- 0.120%
- Break-even
- 0.6 days
Slippage unknown: HTX: live order book, 34 min ago; Variational Omni: RFQ quote, 36 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 HTX live order book, 34 min ago | 3.50 bp | 9.5 bp −$9 | 15.5 bp −$155 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 36 min ago | 4.48 bp | doesn't fit | 10.8 bp −$108 | 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 | 2.8499 | −5.284% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0112 | +0.076% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0022% | 1h | 3.0090 | +0.003% | $660K | $91K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0079 | −0.033% | $620K | $494K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0066 | −0.076% | $110K | $417K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0090 | +0.003% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0106 | +0.056% | $83K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0055% | 8h | 3.0111 | +0.073% | $5K | — | 5x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0095 | +0.020% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0100 | +0.037% | $37K | $216K | 50x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
Vest NG-PERP
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
Pacifica NATGAS
ApeX Omni NATGASUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.296% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0080 | −0.030% | $1.5M | $94K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0108% | 1h | 3.0072 | −0.056% | $6.0M | $5.8M | 10x | as long as short |
| Hotstuff NATGAS-PERP | +0.0112% | 1h | 3.0091 | +0.007% | $35K | — | 20x | as long as short |
| HTX NATGAS-USDTlong | +0.0198% | 4h | 3.0089 | long leg | $105K | $211K | 75x | |
| GRVT NATGAS_USDT_Perp | +0.0352% | 4h | 3.0084 | −0.015% | $25K | $227K | 25x | as long as short |
| KuCoin NATGASUSDTM | +0.0358% | 4h | 3.0060 | −0.096% | $1.1M | $1.0M | 20x | as long as short |
| Aster NATGASUSDT | +0.0415% | 4h | 3.0072 | −0.057% | $266K | $73K | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0456% / S −0.0396% | 1h | 3.0075 | −0.047% | $92K | — | 45x | as long as short |
| Gate NG_USDT | +0.0481% | 8h | 3.0110 | +0.070% | $1.5M | $193K | 100x | as long as short |
| BloFin NG-USDT | +0.0494% | 8h | 3.0060 | −0.096% | $81K | $192K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0505% | 8h | 3.0080 | −0.030% | $861K | $1.7M | 50x | as long as short |
| Variational Omni NATGASshort | +0.0610% | 4h | 3.0089 | +0.001% | $312K | $444K | — | |
| Binance NATGASUSDT | +0.0629% | 4h | 3.0070 | −0.063% | $10.2M | $28.5M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0634% | 4h | 3.0089 | +0.001% | $85K | $212K | 20x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0992% | 1h | 3.0100 | +0.035% | $54K | $33K | 20x | as long as short |
| Bitget NATGASUSDT | +0.1004% | 4h | 3.0050 | −0.130% | $9.9M | $3.3M | 100x | as long as short |
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
tradeXYZ xyz:NATGAS
Hotstuff NATGAS-PERP
GRVT NATGAS_USDT_Perp
KuCoin NATGASUSDTM
Aster NATGASUSDT
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
BloFin NG-USDT
OKX NG-USDT-SWAP
Binance NATGASUSDT
edgeX NATGASUSDC
Kraken Futures PF_NATGASUSD
Bitget NATGASUSDT