Funding you earn now, next payment 08:00 UTC−0.0341%/8h= −37.4% APRpaid last 24h −0.089%
Price spread now: Extended against Variational Omni−0.174%7-day average −0.012% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.072%−$7 on $10k
+Price spread, last 4 days (all we have)+0.245%+$24 · spread now −0.174%, 7d avg −0.012%
=Together, before fees+0.172%+ Points / potential airdropVariational Omni: Active · Extended: Active · farm board+$17 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Extended is 0.163% cheaper against Variational Omni than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.012%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.072% in total (about -7.2% 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 | Variational Omni NATGAS | 3.0059 | 0.0373 | pay 0.0187% / 4h | 21m 29s | $318K | $390K | — |
| Short | Extended XNG-USD | 3.0007 | 0.0032 | get 0.0004% / 1h | 21m 29s | $111K | $271K | 5x |
Variational Omni NATGAS
Extended XNG-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$71.66
- Price spread: −0.174% → −0.012%
- −$16.26
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$92.92
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 18 min ago; Extended: live order book, 16 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, 18 min ago | 4.49 bp | doesn't fit | 12.1 bp −$121 | doesn't fit | doesn't fit |
| Sell Extended live order book, 16 min ago | 0.83 bp | 3.9 bp −$4 | 9.0 bp −$90 | 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 | 2.8384 | −5.574% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0031 | −0.095% | $2K | $2.4M | 20x | as long as short |
| HTX NATGAS-USDT | 0.0000% | 4h | 3.0033 | −0.088% | $117K | $217K | 75x | as long as short |
| QFEX NATGAS-USD | +0.0004% | 1h | 3.0010 | −0.164% | $659K | $96K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0019 | −0.135% | $630K | $495K | 10x | as long as short |
| Extended XNG-USDshort | +0.0032% | 1h | 3.0007 | −0.174% | $111K | $271K | 5x | |
| Hotstuff NATGAS-PERP | +0.0032% | 1h | 3.0014 | −0.151% | $35K | — | 20x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0010 | −0.164% | — | $14K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0008 | −0.171% | $6.0M | $5.3M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0039 | −0.068% | $82K | $26K | 10x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
HTX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Hotstuff NATGAS-PERP
Vest NG-PERP
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.PShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex NG-USD-PERP | +0.0051% | 8h | 3.0012 | −0.159% | $5K | — | 5x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0058% | 4h | 3.0060 | +0.002% | $15K | $222K | 25x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0007 | −0.173% | $69K | $32K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.198% | $37K | $216K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.198% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0010 | −0.164% | $1.5M | $91K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0154% | 4h | 3.0000 | −0.198% | $1.0M | $875K | 20x | as long as short |
| Aster NATGASUSDT | +0.0174% | 4h | 3.0034 | −0.085% | $264K | $69K | 50x | as long as short |
| Variational Omni NATGASlong | +0.0373% | 4h | 3.0059 | long leg | $318K | $390K | — | |
| Binance NATGASUSDT | +0.0392% | 4h | 3.0010 | −0.164% | $10.4M | $28.6M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0409% | 4h | 3.0024 | −0.118% | $85K | $212K | 20x | as long as short |
| Gate NG_USDT | +0.0574% | 8h | 3.0030 | −0.098% | $1.5M | $196K | 100x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0583% / S −0.0597% | 1h | 3.0015 | −0.148% | $88K | — | 45x | as long as short |
| OKX NG-USDT-SWAP | +0.0586% | 8h | 2.9990 | −0.231% | $839K | $1.8M | 50x | as long as short |
| BloFin NG-USDT | +0.0611% | 8h | 3.0020 | −0.131% | $81K | $198K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0846% | 4h | 2.9980 | −0.264% | $9.9M | $3.0M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0862% | 1h | 3.0028 | −0.103% | $55K | $35K | 20x | as long as short |
Paradex NG-USD-PERP
GRVT NATGAS_USDT_Perp
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
KuCoin NATGASUSDTM
Aster NATGASUSDT
Binance NATGASUSDT
edgeX NATGASUSDC
Gate NG_USDT
GMX NATGAS/USD [ETH-USDC]
OKX NG-USDT-SWAP
BloFin NG-USDT
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD