Settings8H · net · $10k
Funding arb · Price arb /

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0038%/8h= −4.2% APRpaid last 24h +0.005%
Price spread now: Gate against Variational Omni+0.134%7-day average +0.021% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.023%−$2 on $10k
Price spread, last 4 days (all we have)−0.055%−$5 · spread now +0.134%, 7d avg +0.021%
Together, before fees−0.078%+ Points / potential airdropVariational Omni: Active · farm board−$8 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.113% dearer against Variational Omni than usual: you sell high and buy low (spread +0.134% now, against its 7-day average of +0.021%): +$11 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 9.8 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni NATGAS3.00300.0551pay 0.0276% / 4h3h 54m$317K$449K
ShortGate NG_USDT3.00700.0513get 0.0513% / 8h3h 54m$1.5M$191K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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

Funding earned
−$8.05
Price spread: +0.134% → +0.021%
$11.3
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$11.75
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 65 min ago; Gate: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 65 min ago4.48 bpdoesn't fit13.6 bp −$136doesn't fitdoesn't fit
Sell Gate live order book, 3 min ago1.66 bp18.9 bp −$1948.3 bp −$483doesn't fitdoesn't fit

NATGAS on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff NATGAS-PERP−0.0008%1h3.0026−0.012%$35K20xas long as short
gTrade (Gains Network) NATGAS/USDL 0.0000% / S 0.0000%1h2.8445−5.277%as long as short
SunX NATGAS-USDT0.0000%4h3.0062+0.107%$2K$2.4M20xas long as short
QFEX NATGAS-USD+0.0009%1h3.0030+0.001%$669K$91K20xas long as short
Lighter NATGAS+0.0032%1h3.0026−0.012%$621K$494K10xas long as short
Extended XNG-USD+0.0032%1h3.0018−0.038%$110K$404K5xas long as short
Vest NG-PERP+0.0046%1h3.0030+0.001%$14K10xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h3.0027−0.009%$6.0M$5.7M10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0051+0.071%$82K$26K10xas long as short
Paradex NG-USD-PERP+0.0053%8h3.0040+0.036%$5K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NATGAS+0.0100%1h3.0020−0.032%$68K$33K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.099%$37K$216K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.099%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0040+0.034%$1.5M$93K10xas long as short
KuCoin NATGASUSDTM+0.0320%4h3.0030+0.001%$1.0M$1.0M20xas long as short
GRVT NATGAS_USDT_Perp+0.0344%4h3.0030+0.001%$25K$227K25xas long as short
Aster NATGASUSDT+0.0352%4h3.0040+0.034%$265K$73K50xas long as short
HTX NATGAS-USDT+0.0370%4h3.0064+0.114%$107K$214K75xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0468% / S −0.0410%1h3.0045+0.051%$92K45xas long as short
BloFin NG-USDT+0.0506%8h3.0020−0.032%$81K$191K20xas long as short
Gate NG_USDTshort+0.0513%8h3.0070+0.134%$1.5M$191K100x
OKX NG-USDT-SWAP+0.0539%8h3.0040+0.034%$861K$1.7M50xas long as short
Variational Omni NATGASlong+0.0551%4h3.0030long leg$317K$449K
Binance NATGASUSDT+0.0576%4h3.0040+0.034%$10.2M$28.4M100xas long as short
edgeX NATGASUSDC+0.0578%4h3.0030+0.001%$85K$212K20xas long as short
Kraken Futures PF_NATGASUSD+0.0855%1h3.0054+0.080%$54K$33K20xas long as short
Bitget NATGASUSDT+0.0964%4h3.0010−0.066%$9.9M$3.2M100xas long as short