Funding you earn now, next payment 22:00 UTC+0.0846%/8h= +92.6% APRpaid last 24h +0.105%
Price spread now: Variational Omni against QFEX+0.080%7-day average +0.022% · 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)+0.109%+$11 on $10k
+Price spread, last 3 days (all we have)−0.082%−$8 · spread now +0.080%, 7d avg +0.022%
=Together, before fees+0.026%+ Points / potential airdropVariational Omni: Active · farm board+$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and Variational Omni is 0.058% dearer against QFEX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.022%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.109% in total (about 12.2% a year). A funding rate is set anew for every payment. 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 | QFEX NATGAS-USD | 2.9920 | 0.0024 | pay 0.0003% / 1h | 59m 08s | $656K | $119K | 20x |
| Short | Variational Omni NATGAS | 2.9944 | 0.0870 | get 0.0435% / 4h | 1h 59m | $310K | $491K | — |
QFEX NATGAS-USD
Variational Omni NATGASFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against QFEX. 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
- $177.61
- Price spread: +0.080% → +0.022%
- $5.84
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $173.45
- Costs to cover
- 0.100%
- Break-even
- 0.2 days
Slippage unknown: QFEX: live order book, 10 min ago; Variational Omni: RFQ quote, 25 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 QFEX live order book, 10 min ago | 3.34 bp | 11.7 bp −$12 | 11.7 bp −$117 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 25 min ago | 4.49 bp | doesn't fit | 18.7 bp −$187 | 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX NATGAS-USDT | 0.0000% | 4h | 2.9941 | +0.070% | $2K | $2.6M | 20x | as long as short |
| QFEX NATGAS-USDlong | +0.0024% | 1h | 2.9920 | long leg | $656K | $119K | 20x | |
| Lighter NATGAS | +0.0032% | 1h | 2.9903 | −0.057% | $617K | $410K | 10x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 2.9890 | −0.100% | — | $378 | 10x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 2.9928 | +0.026% | $68K | $34K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 2.9900 | −0.067% | $36K | $216K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 2.9900 | −0.067% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 2.9920 | 0.000% | $1.5M | $103K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0222% | 8h | 2.9940 | +0.066% | $5K | — | 5x | as long as short |
| Gate NG_USDT | +0.0228% | 8h | 2.9920 | 0.000% | $1.5M | $305K | 100x | as long as short |
SunX NATGAS-USDT
Lighter NATGAS
Vest NG-PERP
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Paradex NG-USD-PERP
Gate NG_USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:NATGAS | +0.0273% | 1h | 2.9894 | −0.087% | $6.0M | $6.4M | 10x | as long as short |
| Extended XNG-USD | +0.0312% | 1h | 2.9879 | −0.136% | $113K | $1.2M | 5x | as long as short |
| Hotstuff NATGAS-PERP | +0.0376% | 1h | 2.9956 | +0.120% | $35K | — | 20x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0416% / S −0.0333% | 1h | 2.9915 | −0.017% | $93K | — | 25x | as long as short |
| BloFin NG-USDT | +0.0446% | 8h | 2.9900 | −0.067% | $84K | $189K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0448% | 8h | 2.9890 | −0.100% | $896K | $1.7M | 50x | as long as short |
| KuCoin NATGASUSDTM | +0.0484% | 4h | 2.9910 | −0.033% | $1.0M | $1.3M | 20x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0516% | 1h | 2.9915 | −0.016% | $52K | $55K | 20x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0516% | 1h | 2.9959 | +0.130% | $84K | $66K | 10x | as long as short |
| HTX NATGAS-USDT | +0.0784% | 4h | 2.9936 | +0.053% | $98K | $216K | 75x | as long as short |
| Aster NATGASUSDT | +0.0867% | 4h | 2.9940 | +0.067% | $265K | $105K | 50x | as long as short |
| Variational Omni NATGASshort | +0.0870% | 4h | 2.9944 | +0.080% | $310K | $491K | — | |
| GRVT NATGAS_USDT_Perp | +0.0886% | 4h | 2.9941 | +0.070% | $13K | $255K | 25x | as long as short |
| edgeX NATGASUSDC | +0.0925% | 4h | 2.9944 | +0.080% | $85K | $213K | 20x | as long as short |
| Binance NATGASUSDT | +0.0932% | 4h | 2.9900 | −0.067% | $10.1M | $32.9M | 100x | as long as short |
| Bitget NATGASUSDT | +0.1182% | 4h | 2.9870 | −0.167% | $9.9M | $4.1M | 100x | as long as short |
tradeXYZ xyz:NATGAS
Extended XNG-USD
Hotstuff NATGAS-PERP
GMX NATGAS/USD [ETH-USDC]
BloFin NG-USDT
OKX NG-USDT-SWAP
KuCoin NATGASUSDTM
Kraken Futures PF_NATGASUSD
Ondo Perps NATGAS-USD.P
HTX NATGAS-USDT
Aster NATGASUSDT
GRVT NATGAS_USDT_Perp
edgeX NATGASUSDC
Binance NATGASUSDT
Bitget NATGASUSDT