Funding you earn now, next payment 12:00 UTC+0.0092%/8h= +10.1% APRnext payment +$0.46 per $10,000 · paid last 24h +0.019%
Price spread now: edgeX against Variational Omni+0.075%59s7-day average −0.001% · 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)+0.037%+$4 on $10k
+Price spread, last 4 days (all we have)−0.085%−$9 · spread now +0.075%, 7d avg −0.001%
=Together, before fees−0.049%+ Points / potential airdropVariational Omni: Active · edgeX: Active · farm board−$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and edgeX is 0.075% dearer against Variational Omni than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.001%. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni NATGAS | 2.9967 | 0.0101 | pay 0.0051% / 4h | 1h 52m | $355K | $429K | — |
| Short | edgeX NATGASUSDC | 2.9990 | 0.0194 | get 0.0097% / 4h | 1h 52m | $85K | $210K | 20x |
Variational Omni NATGAS
edgeX NATGASUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Variational Omni. 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
- $19.42
- Price spread: +0.075% → −0.001%
- $7.54
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $17.95
- Costs to cover
- 0.090%
- Break-even
- 0.5 days
Slippage unknown: Variational Omni: RFQ quote, 59 min ago; edgeX: live order book, 57 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, 59 min ago | 4.49 bp | doesn't fit | 9.6 bp −$96 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 57 min ago | 13.36 bp | 21.1 bp −$21 | 30.3 bp −$303 | doesn't fit | doesn't fit |
NATGAS on 27 exchanges
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 | −0.1600% | 1h | 3.0035 | +0.226% | $35K | — | 20x | as long as short |
| Kraken Futures PF_NATGASUSD | −0.0077% | 1h | 2.9995 | +0.093% | $54K | $45K | 20x | as long as short |
| QFEX NATGAS-USD | −0.0004% | 1h | 2.9980 | +0.042% | $660K | $99K | 20x | as long as short |
| Aster NATGASUSDT | 0.0000% | 4h | 3.0002 | +0.115% | $259K | $73K | 50x | as long as short |
| GRVT NATGAS_USDT_Perp | 0.0000% | 4h | 2.9980 | +0.042% | $19K | $208K | 25x | as long as short |
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8360 | −5.364% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0011 | +0.146% | $2K | $1.7M | 20x | as long as short |
| HTX NATGAS-USDT | 0.0000% | 4h | 3.0012 | +0.149% | $118K | $221K | 75x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0029% | 1h | 2.9980 | +0.042% | $6.0M | $4.9M | 10x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 2.9978 | +0.036% | $670K | $768K | 10x | as long as short |
Hotstuff NATGAS-PERP
Kraken Futures PF_NATGASUSD
QFEX NATGAS-USD
Aster NATGASUSDT
GRVT NATGAS_USDT_Perp
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
HTX NATGAS-USDT
tradeXYZ xyz:NATGAS
Lighter NATGASShow all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended XNG-USD | +0.0032% | 1h | 2.9975 | +0.026% | $132K | $358K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0000 | +0.109% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 2.9963 | −0.015% | $84K | $28K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0052% | 8h | 2.9989 | +0.072% | $5K | — | 5x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 2.9966 | −0.004% | $68K | $39K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | +0.109% | $37K | $215K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | +0.109% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0000 | +0.109% | $1.5M | $93K | 10x | as long as short |
| Variational Omni NATGASlong | +0.0101% | 4h | 2.9967 | long leg | $355K | $429K | — | |
| KuCoin NATGASUSDTM | +0.0142% | 4h | 2.9980 | +0.042% | $1.1M | $804K | 20x | as long as short |
| Binance NATGASUSDT | +0.0157% | 4h | 2.9982 | +0.050% | $9.6M | $32.0M | 100x | as long as short |
| edgeX NATGASUSDCshort | +0.0194% | 4h | 2.9990 | +0.075% | $85K | $210K | 20x | |
| Gate NG_USDT | +0.0259% | 8h | 3.0020 | +0.176% | $1.5M | $199K | 100x | as long as short |
| OKX NG-USDT-SWAP | +0.0354% | 8h | 2.9980 | +0.042% | $832K | $2.0M | 50x | as long as short |
| BloFin NG-USDT | +0.0362% | 8h | 2.9980 | +0.042% | $80K | $201K | 20x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0493% / S −0.0486% | 1h | 2.9995 | +0.092% | $88K | — | 45x | as long as short |
| Bitget NATGASUSDT | +0.0704% | 4h | 2.9950 | −0.058% | $9.9M | $2.9M | 100x | as long as short |
Extended XNG-USD
Vest NG-PERP
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
KuCoin NATGASUSDTM
Binance NATGASUSDT
Gate NG_USDT
OKX NG-USDT-SWAP
BloFin NG-USDT
GMX NATGAS/USD [ETH-USDC]
Bitget NATGASUSDT