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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni NATGAS | 3.0010 | 0.0125 | pay 0.0063% / 4h | 3h 36m | $311K | $443K | — |
| Short | GRVT NATGAS_USDT_Perp | 2.9980 | 0.0404 | get 0.0202% / 4h | 3h 36m | $25K | $214K | 25x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Variational Omni RFQ quote, 38 min ago | 4.49 bp | doesn't fit | 12.0 bp −$120 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 36 min ago | 1.67 bp | 6.2 bp −$6 | 23.6 bp −$236 | 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 | 2.8376 | −5.446% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0041 | +0.102% | $2K | $2.6M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0015% | 1h | 3.0010 | −0.001% | $659K | $85K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0024 | +0.045% | $617K | $413K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0006 | −0.015% | $112K | $452K | 5x | as long as short |
| Hotstuff NATGAS-PERP | +0.0032% | 1h | 3.0000 | −0.034% | $35K | — | 20x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0010 | −0.001% | — | $378 | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0008 | −0.008% | $5.9M | $6.0M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 2.9973 | −0.124% | $84K | $36K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0057% | 8h | 3.0021 | +0.035% | $5K | — | 5x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster NATGASUSDT | +0.0066% | 4h | 3.0030 | +0.065% | $266K | $73K | 50x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0004 | −0.021% | $68K | $33K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0100% | 4h | 3.0010 | −0.001% | $1.0M | $1.1M | 20x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.034% | $37K | $216K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.034% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0010 | −0.001% | $1.5M | $95K | 10x | as long as short |
| Variational Omni NATGASlong | +0.0125% | 4h | 3.0010 | long leg | $311K | $443K | — | |
| BloFin NG-USDT | +0.0163% | 8h | 2.9970 | −0.134% | $80K | $189K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0194% | 8h | 3.0020 | +0.032% | $863K | $1.7M | 50x | as long as short |
| edgeX NATGASUSDC | +0.0218% | 4h | 2.9989 | −0.071% | $85K | $212K | 20x | as long as short |
| Binance NATGASUSDT | +0.0220% | 4h | 3.0022 | +0.039% | $10.1M | $29.6M | 100x | as long as short |
| HTX NATGAS-USDT | +0.0277% | 4h | 3.0035 | +0.082% | $98K | $211K | 75x | as long as short |
| Bitget NATGASUSDT | +0.0284% | 4h | 2.9990 | −0.068% | $10.0M | $3.5M | 100x | as long as short |
| GRVT NATGAS_USDT_Perpshort | +0.0404% | 4h | 2.9980 | −0.101% | $25K | $214K | 25x | |
| GMX NATGAS/USD [ETH-USDC] | L +0.0406% / S −0.0343% | 1h | 3.0015 | +0.016% | $92K | — | 45x | as long as short |
| Gate NG_USDT | +0.0530% | 8h | 3.0040 | +0.099% | $1.5M | $255K | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1001% | 1h | 3.0023 | +0.043% | $52K | $39K | 20x | as long as short |
Variational Omni NATGAS
GRVT NATGAS_USDT_Perp
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
Lighter NATGAS
Extended XNG-USD
tradeXYZ xyz:NATGAS
Paradex NG-USD-PERP
Aster NATGASUSDT
Pacifica NATGAS
KuCoin NATGASUSDTM
ApeX Omni NATGASUSDT
Phemex NGUSDT
BloFin NG-USDT
OKX NG-USDT-SWAP
edgeX NATGASUSDC
Binance NATGASUSDT
HTX NATGAS-USDT
Bitget NATGASUSDT
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
Kraken Futures PF_NATGASUSD