Funding you earn now, next payment 08:00 UTC+0.0259%/8h= +28.4% APRnext payment +$1.30 per $10,000 · paid last 24h +0.028%
Price spread now: Variational Omni against KuCoin+0.066%7-day average +0.043% · 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)+0.013%+$1 on $10k
+Price spread, last 4 days (all we have)−0.026%−$3 · spread now +0.066%, 7d avg +0.043%
=Together, before fees−0.013%+ Points / potential airdropVariational Omni: Active · farm board−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Variational Omni is 0.023% dearer against KuCoin than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.043%.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.013% in total (about 1.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.30 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 | KuCoin NATGASUSDTM | 3.0050 | 0.0234 | pay 0.0117% / 4h | 1h 17m | $1.0M | $912K | 20x |
| Short | Variational Omni NATGAS | 3.0070 | 0.0493 | get 0.0247% / 4h | 1h 17m | $319K | $393K | — |
KuCoin NATGASUSDTM
Variational Omni NATGASFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against KuCoin. 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
- $54.42
- Price spread: +0.066% → +0.043%
- $2.27
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $44.69
- Costs to cover
- 0.120%
- Break-even
- 1.3 days
Slippage unknown: KuCoin: live order book, 7 min ago; Variational Omni: RFQ quote, 26 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 KuCoin live order book, 7 min ago | 1.66 bp | 19.4 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 26 min ago | 4.49 bp | doesn't fit | 7.1 bp −$71 | 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 | 2.8476 | −5.238% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0112 | +0.206% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0002% | 1h | 3.0080 | +0.100% | $660K | $96K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0092 | +0.140% | $630K | $502K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0077 | +0.090% | $111K | $283K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0090 | +0.133% | — | $14K | 10x | as long as short |
| HTX NATGAS-USDT | +0.0048% | 4h | 3.0106 | +0.186% | $107K | $202K | 75x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0079 | +0.097% | $6.0M | $5.4M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0112 | +0.206% | $83K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0054% | 8h | 3.0097 | +0.158% | $5K | — | 5x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
Vest NG-PERP
HTX NATGAS-USDT
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGAS | +0.0100% | 1h | 3.0074 | +0.080% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0100 | +0.166% | $37K | $217K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0100 | +0.166% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0100 | +0.166% | $1.5M | $93K | 10x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0140% | 4h | 3.0078 | +0.094% | $22K | $211K | 25x | as long as short |
| Hotstuff NATGAS-PERP | +0.0216% | 1h | 3.0088 | +0.126% | $35K | — | 20x | as long as short |
| KuCoin NATGASUSDTMlong | +0.0234% | 4h | 3.0050 | long leg | $1.0M | $912K | 20x | |
| Aster NATGASUSDT | +0.0269% | 4h | 3.0104 | +0.181% | $265K | $68K | 50x | as long as short |
| Variational Omni NATGASshort | +0.0493% | 4h | 3.0070 | +0.066% | $319K | $393K | — | |
| Binance NATGASUSDT | +0.0512% | 4h | 3.0090 | +0.133% | $10.3M | $28.6M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0533% | 4h | 3.0070 | +0.066% | $85K | $213K | 20x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0557% / S −0.0564% | 1h | 3.0095 | +0.150% | $88K | — | 45x | as long as short |
| Gate NG_USDT | +0.0610% | 8h | 3.0090 | +0.133% | $1.5M | $196K | 100x | as long as short |
| BloFin NG-USDT | +0.0637% | 8h | 3.0080 | +0.100% | $83K | $198K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0652% | 8h | 3.0080 | +0.100% | $876K | $1.8M | 50x | as long as short |
| Bitget NATGASUSDT | +0.0944% | 4h | 3.0040 | −0.033% | $9.9M | $3.1M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0986% | 1h | 3.0109 | +0.195% | $56K | $36K | 20x | as long as short |
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
GRVT NATGAS_USDT_Perp
Hotstuff NATGAS-PERP
Aster NATGASUSDT
Binance NATGASUSDT
edgeX NATGASUSDC
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
BloFin NG-USDT
OKX NG-USDT-SWAP
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD