Funding you earn now, next payment 00:00 UTC+0.0083%/8h= +9.1% APRpaid last 24h +0.102%
Price spread now: Variational Omni against Lighter−0.044%7-day average +0.132% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.662%−$66 on $10k
+Price spread, last 3 days (all we have)+0.012%+$1 · spread now −0.044%, 7d avg +0.132%
=Together, before fees−0.650%+ Points / potential airdropLighter: Season 3 · Variational Omni: Active · farm board−$65 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.176% cheaper against Lighter than usual: you would sell low and buy high (spread −0.044% now, against its 7-day average of +0.132%). If the spread goes back, that is −$18 on $10k: about 7.1 days of funding at the current rate (+$2 a day). Mind the row above: over the last 3 days funding on this pair cost −0.662%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter NATGAS | 2.9964 | 0.0032 | pay 0.0004% / 1h | 20m 15s | $619K | $416K | 10x |
| Short | Variational Omni NATGAS | 2.9951 | 0.0115 | get 0.0057% / 4h | 20m 15s | $311K | $443K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Lighter. 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
- $17.36
- Price spread: −0.044% → +0.132%
- −$17.56
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$0.19
- Costs to cover
- 0.000%
- Break-even
- 7.1 days
Slippage unknown: Lighter: live order book, 50 min ago; Variational Omni: RFQ quote, 59 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 Lighter live order book, 50 min ago | 0.50 bp | 8.4 bp −$8 | 15.3 bp −$153 | 73.6 bp −$7,364 | doesn't fit |
| Sell Variational Omni RFQ quote, 59 min ago | 4.49 bp | doesn't fit | 9.3 bp −$93 | doesn't fit | doesn't fit |
NATGAS on 26 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 | −0.0024% | 1h | 2.9947 | −0.057% | $35K | — | 20x | as long as short |
| GRVT NATGAS_USDT_Perp | 0.0000% | 4h | 2.9948 | −0.054% | $13K | $238K | 25x | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 2.9972 | +0.027% | $2K | $2.6M | 20x | as long as short |
| HTX NATGAS-USDT | 0.0000% | 4h | 2.9987 | +0.077% | $98K | $213K | 75x | as long as short |
| QFEX NATGAS-USD | +0.0030% | 1h | 2.9950 | −0.047% | $657K | $86K | 20x | as long as short |
| Lighter NATGASlong | +0.0032% | 1h | 2.9964 | long leg | $619K | $416K | 10x | |
| Vest NG-PERP | +0.0046% | 1h | 2.9950 | −0.047% | — | $378 | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 2.9947 | −0.057% | $5.9M | $6.0M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 2.9940 | −0.080% | $84K | $43K | 10x | as long as short |
| Extended XNG-USD | +0.0064% | 1h | 2.9938 | −0.088% | $110K | $453K | 5x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex NG-USD-PERP | +0.0068% | 8h | 2.9950 | −0.048% | $5K | — | 5x | as long as short |
| Aster NATGASUSDT | +0.0091% | 4h | 2.9960 | −0.013% | $265K | $73K | 50x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 2.9937 | −0.092% | $68K | $33K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0100% | 4h | 2.9950 | −0.047% | $1.0M | $1.2M | 20x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 2.9900 | −0.214% | $36K | $217K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | +0.120% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 2.9950 | −0.047% | $1.5M | $97K | 10x | as long as short |
| Variational Omni NATGASshort | +0.0115% | 4h | 2.9951 | −0.044% | $311K | $443K | — | |
| BloFin NG-USDT | +0.0132% | 8h | 2.9960 | −0.013% | $80K | $189K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0142% | 8h | 2.9950 | −0.047% | $858K | $1.7M | 50x | as long as short |
| Gate NG_USDT | +0.0177% | 8h | 2.9970 | +0.020% | $1.5M | $285K | 100x | as long as short |
| Binance NATGASUSDT | +0.0214% | 4h | 2.9950 | −0.047% | $10.1M | $30.0M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0252% | 4h | 2.9951 | −0.045% | $85K | $212K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0304% | 4h | 2.9930 | −0.113% | $10.0M | $3.7M | 100x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0406% / S −0.0333% | 1h | 2.9955 | −0.030% | $93K | — | 45x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1217% | 1h | 2.9970 | +0.020% | $52K | $39K | 20x | as long as short |
Lighter NATGAS
Variational Omni NATGAS
GRVT NATGAS_USDT_Perp
SunX NATGAS-USDT
HTX NATGAS-USDT
tradeXYZ xyz:NATGAS
Extended XNG-USD
Paradex NG-USD-PERP
Aster NATGASUSDT
Pacifica NATGAS
KuCoin NATGASUSDTM
ApeX Omni NATGASUSDT
Phemex NGUSDT
BloFin NG-USDT
OKX NG-USDT-SWAP
Gate NG_USDT
Binance NATGASUSDT
edgeX NATGASUSDC
Bitget NATGASUSDT
GMX NATGAS/USD [ETH-USDC]
Kraken Futures PF_NATGASUSD