NATGAS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0253%/8h= +27.8% APRnext payment +$1.27 per $10,000 · paid last 24h +0.237%

Price spread now: Bitget against Variational Omni−0.105%7-day average −0.046% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.297%+$30 on $10k

Price spread, last 3 days (all we have)+0.065%+$6 · spread now −0.105%, 7d avg −0.046%

Together, before fees+0.362%+ Points / potential airdropVariational Omni: Active · farm board+$36 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bitget is 0.059% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.105% now, against its 7-day average of −0.046%). If the spread goes back, that is −$6 on $10k: about 19 hours of funding at the current rate (+$8 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni NATGAS	2.9932	0.0689	pay 0.0344% / 4h	1h 31m	$311K	$446K	—
Short	Bitget NATGASUSDT	2.9900	0.0942	get 0.0471% / 4h	1h 31m	$10.0M	$4.0M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Variational OmnibpFee BitgetbpOrdersPrice spread, now −0.105%Rate

Funding earned: $53.23
Price spread: −0.105% → −0.046%: −$5.9
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Bitget: 6 bp × 2 orders: −$12
Net: $35.33
Costs to cover: 0.120%
Break-even: 2.4 days

Slippage unknown: Variational Omni: RFQ quote, 52 min ago; Bitget: live order book, 2 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 Variational Omni RFQ quote, 52 min ago	4.49 bp	doesn't fit	19.9 bp −$199	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	1.67 bp	12.5 bp −$12	26.2 bp −$262	76.0 bp −$7,605	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
Hotstuff NATGAS-PERP	−0.0088%	1h	2.9912	−0.065%	$35K	—	20x	as long as short
gTrade (Gains Network) NATGAS/USD	L 0.0000% / S 0.0000%	1h	2.8280	−5.518%	—	—	—	as long as short
SunX NATGAS-USDT	0.0000%	4h	2.9961	+0.098%	$2K	$2.6M	20x	as long as short
Lighter NATGAS	+0.0032%	1h	2.9914	−0.059%	$618K	$411K	10x	as long as short
Vest NG-PERP	+0.0046%	1h	2.9930	−0.005%	—	$378	10x	as long as short
tradeXYZ xyz:NATGAS	+0.0050%	1h	2.9912	−0.065%	$5.9M	$6.0M	10x	as long as short
Ondo Perps NATGAS-USD.P	+0.0050%	1h	2.9959	+0.092%	$84K	$50K	10x	as long as short
Pacifica NATGAS	+0.0100%	1h	2.9902	−0.100%	$68K	$34K	10x	as long as short
ApeX Omni NATGASUSDT	+0.0100%	1h	2.9900	−0.105%	$36K	$216K	50x	as long as short
Orderly PERP_NATGAS_USDC_mythos	+0.0100%	8h	2.9900	−0.105%	$3K	$544	10x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex NGUSDT	+0.0100%	4h	2.9940	+0.028%	$1.5M	$101K	10x	as long as short
Extended XNG-USD	+0.0128%	1h	2.9901	−0.102%	$110K	$1.2M	5x	as long as short
Paradex NG-USD-PERP	+0.0140%	8h	2.9930	−0.006%	$5K	—	5x	as long as short
QFEX NATGAS-USD	+0.0160%	1h	2.9930	−0.005%	$656K	$86K	20x	as long as short
Gate NG_USDT	+0.0235%	8h	2.9960	+0.095%	$1.5M	$306K	100x	as long as short
KuCoin NATGASUSDTM	+0.0292%	4h	2.9910	−0.072%	$1.0M	$1.2M	20x	as long as short
HTX NATGAS-USDT	+0.0335%	4h	2.9950	+0.062%	$98K	$217K	75x	as long as short
BloFin NG-USDT	+0.0353%	8h	2.9930	−0.005%	$84K	$189K	20x	as long as short
OKX NG-USDT-SWAP	+0.0356%	8h	2.9920	−0.039%	$855K	$1.7M	50x	as long as short
GMX NATGAS/USD [ETH-USDC]	L +0.0406% / S −0.0333%	1h	2.9945	+0.045%	$93K	—	25x	as long as short
GRVT NATGAS_USDT_Perp	+0.0504%	4h	2.9920	−0.039%	$13K	$246K	25x	as long as short
Kraken Futures PF_NATGASUSD	+0.0515%	1h	2.9952	+0.068%	$52K	$43K	20x	as long as short
Aster NATGASUSDT	+0.0629%	4h	2.9936	+0.015%	$265K	$105K	50x	as long as short
Variational Omni NATGASlong	+0.0689%	4h	2.9932	long leg	$311K	$446K	—
Binance NATGASUSDT	+0.0701%	4h	2.9935	+0.011%	$10.1M	$31.3M	100x	as long as short
edgeX NATGASUSDC	+0.0757%	4h	2.9932	+0.001%	$85K	$212K	20x	as long as short
Bitget NATGASUSDTshort	+0.0942%	4h	2.9900	−0.105%	$10.0M	$4.0M	100x