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

NATGAS

RWAall NATGAS markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0279%/8h= +30.5% APRnext payment +$1.39 per $10,000 · paid last 24h −0.082%
Price spread now: GRVT against Variational Omni−0.101%89s7-day average 0.000% · you buy dearer than you sell
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 3 days (all we have)−0.103%−$10 on $10k
Price spread, last 3 days (all we have)+0.089%+$9 · spread now −0.101%, 7d avg 0.000%
Together, before fees−0.014%+ Points / potential airdropVariational Omni: Active · GRVT: Active · farm board−$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.101% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.101% now, against its 7-day average of 0.000%). If the spread goes back, that is −$10 on $10k: about 29 hours of funding at the current rate (+$8 a day). Mind the row above: over the last 3 days funding on this pair cost −0.103%, so the current rate has only just turned in your favour. The two prices were read 89 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni NATGAS3.00100.0125pay 0.0063% / 4h3h 36m$311K$443K
ShortGRVT NATGAS_USDT_Perp2.99800.0404get 0.0202% / 4h3h 36m$25K$214K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
$58.49
Price spread: −0.101% → 0.000%
−$10.1
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
$39.39
Costs to cover
0.090%
Break-even
2.3 days
Slippage unknown: Variational Omni: RFQ quote, 38 min ago; GRVT: live order book, 36 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, 38 min ago4.49 bpdoesn't fit12.0 bp −$120doesn't fitdoesn't fit
Sell GRVT live order book, 36 min ago1.67 bp6.2 bp −$623.6 bp −$236doesn'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
gTrade (Gains Network) NATGAS/USDL 0.0000% / S 0.0000%1h2.8376−5.446%as long as short
SunX NATGAS-USDT0.0000%4h3.0041+0.102%$2K$2.6M20xas long as short
QFEX NATGAS-USD+0.0015%1h3.0010−0.001%$659K$85K20xas long as short
Lighter NATGAS+0.0032%1h3.0024+0.045%$617K$413K10xas long as short
Extended XNG-USD+0.0032%1h3.0006−0.015%$112K$452K5xas long as short
Hotstuff NATGAS-PERP+0.0032%1h3.0000−0.034%$35K20xas long as short
Vest NG-PERP+0.0046%1h3.0010−0.001%$37810xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h3.0008−0.008%$5.9M$6.0M10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h2.9973−0.124%$84K$36K10xas long as short
Paradex NG-USD-PERP+0.0057%8h3.0021+0.035%$5K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NATGASUSDT+0.0066%4h3.0030+0.065%$266K$73K50xas long as short
Pacifica NATGAS+0.0100%1h3.0004−0.021%$68K$33K10xas long as short
KuCoin NATGASUSDTM+0.0100%4h3.0010−0.001%$1.0M$1.1M20xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.034%$37K$216K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.034%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0010−0.001%$1.5M$95K10xas long as short
Variational Omni NATGASlong+0.0125%4h3.0010long leg$311K$443K
BloFin NG-USDT+0.0163%8h2.9970−0.134%$80K$189K20xas long as short
OKX NG-USDT-SWAP+0.0194%8h3.0020+0.032%$863K$1.7M50xas long as short
edgeX NATGASUSDC+0.0218%4h2.9989−0.071%$85K$212K20xas long as short
Binance NATGASUSDT+0.0220%4h3.0022+0.039%$10.1M$29.6M100xas long as short
HTX NATGAS-USDT+0.0277%4h3.0035+0.082%$98K$211K75xas long as short
Bitget NATGASUSDT+0.0284%4h2.9990−0.068%$10.0M$3.5M100xas long as short
GRVT NATGAS_USDT_Perpshort+0.0404%4h2.9980−0.101%$25K$214K25x
GMX NATGAS/USD [ETH-USDC]L +0.0406% / S −0.0343%1h3.0015+0.016%$92K45xas long as short
Gate NG_USDT+0.0530%8h3.0040+0.099%$1.5M$255K100xas long as short
Kraken Futures PF_NATGASUSD+0.1001%1h3.0023+0.043%$52K$39K20xas long as short