NATGAS

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0478%/8h= −52.3% APRpaid last 24h −0.111%

Price spread now: gTrade (Gains Network) against Variational Omni−5.513%7-day average — · you buy dearer than you sell

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

Long on Variational Omni Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 24 hours (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and gTrade (Gains Network) is 5.513% cheaper against Variational Omni than usual: you would sell low and buy high (−$551 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni NATGAS	2.9931	0.0478	pay 0.0239% / 4h	1h 03m	$311K	$444K	—
Short	gTrade (Gains Network) NATGAS/USD	2.8281	L 0.0000% / S 0.0000%	pay 0.0000% / 1h	3m 38s	—	—	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 it

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 gTrade (Gains Network)bpOrdersPrice spread, now −5.513%Rate

Funding earned: −$100.36
Price spread: −5.513% → 0.000%: −$551.26
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$661.62
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 15 min ago; gTrade (Gains Network): no order-book sample. 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, 15 min ago	4.49 bp	doesn't fit	17.0 bp −$170	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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/USDshort	L 0.0000% / S 0.0000%	1h	2.8281	−5.513%	—	—	—
SunX NATGAS-USDT	0.0000%	4h	2.9952	+0.070%	$2K	$2.6M	20x	as long as short
Lighter NATGAS	+0.0032%	1h	2.9936	+0.017%	$619K	$411K	10x	as long as short
Vest NG-PERP	+0.0046%	1h	2.9930	−0.003%	—	$378	10x	as long as short
Ondo Perps NATGAS-USD.P	+0.0050%	1h	2.9950	+0.064%	$84K	$45K	10x	as long as short
tradeXYZ xyz:NATGAS	+0.0055%	1h	2.9920	−0.037%	$5.9M	$6.0M	10x	as long as short
Paradex NG-USD-PERP	+0.0097%	8h	2.9930	−0.003%	$5K	—	5x	as long as short
Pacifica NATGAS	+0.0100%	1h	2.9917	−0.047%	$68K	$34K	10x	as long as short
KuCoin NATGASUSDTM	+0.0100%	4h	2.9920	−0.037%	$1.0M	$1.2M	20x	as long as short
ApeX Omni NATGASUSDT	+0.0100%	1h	2.9900	−0.103%	$36K	$216K	50x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_NATGAS_USDC_mythos	+0.0100%	8h	2.9900	−0.103%	$3K	$544	10x	as long as short
Phemex NGUSDT	+0.0100%	4h	2.9930	−0.003%	$1.5M	$99K	10x	as long as short
HTX NATGAS-USDT	+0.0139%	4h	2.9954	+0.077%	$98K	$215K	75x	as long as short
QFEX NATGAS-USD	+0.0160%	1h	2.9930	−0.003%	$657K	$86K	20x	as long as short
Hotstuff NATGAS-PERP	+0.0184%	1h	2.9928	−0.010%	$35K	—	20x	as long as short
Gate NG_USDT	+0.0219%	8h	2.9960	+0.097%	$1.5M	$307K	100x	as long as short
OKX NG-USDT-SWAP	+0.0278%	8h	2.9930	−0.003%	$856K	$1.7M	50x	as long as short
GRVT NATGAS_USDT_Perp	+0.0286%	4h	2.9938	+0.023%	$13K	$246K	25x	as long as short
BloFin NG-USDT	+0.0308%	8h	2.9930	−0.003%	$80K	$189K	20x	as long as short
Extended XNG-USD	+0.0312%	1h	2.9916	−0.051%	$110K	$471K	5x	as long as short
GMX NATGAS/USD [ETH-USDC]	L +0.0406% / S −0.0333%	1h	2.9935	+0.014%	$93K	—	45x	as long as short
Aster NATGASUSDT	+0.0431%	4h	2.9941	+0.034%	$265K	$105K	50x	as long as short
Variational Omni NATGASlong	+0.0478%	4h	2.9931	long leg	$311K	$444K	—
Kraken Futures PF_NATGASUSD	+0.0515%	1h	2.9949	+0.061%	$52K	$40K	20x	as long as short
Binance NATGASUSDT	+0.0532%	4h	2.9936	+0.016%	$10.1M	$30.4M	100x	as long as short
edgeX NATGASUSDC	+0.0579%	4h	2.9931	0.000%	$85K	$212K	20x	as long as short
Bitget NATGASUSDT	+0.0688%	4h	2.9900	−0.103%	$10.0M	$3.9M	100x	as long as short