Funding you earn now, next payment 08:00 UTC−0.0444%/8h= −48.6% APRnext payment −$2.22 per $10,000 · paid last 24h −0.080%
Price spread now: HTX against Variational Omni+0.061%7-day average +0.050% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.122%−$12 on $10k
+Price spread, last 4 days (all we have)+0.003%$0 · spread now +0.061%, 7d avg +0.050%
=Together, before fees−0.119%+ Points / potential airdropVariational Omni: Active · farm board−$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.050%, so right now this pair is about funding alone: −$13 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.122% in total (about -12.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.22 per $10,000. 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 | 3.0070 | 0.0493 | pay 0.0247% / 4h | 1h 19m | $319K | $393K | — |
| Short | HTX NATGAS-USDT | 3.0088 | 0.0049 | get 0.0024% / 4h | 1h 19m | $107K | $201K | 75x |
Variational Omni NATGAS
HTX NATGAS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$93.3
- Price spread: +0.061% → +0.050%
- $1.09
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$104.21
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 24 min ago; HTX: live order book, 22 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, 24 min ago | 4.49 bp | doesn't fit | 14.0 bp −$140 | doesn't fit | doesn't fit |
| Sell HTX live order book, 22 min ago | 3.16 bp | 9.3 bp −$9 | 17.6 bp −$176 | 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 | 2.8456 | −5.367% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0047 | −0.076% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0002% | 1h | 3.0070 | +0.001% | $660K | $96K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0081 | +0.037% | $630K | $502K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0067 | −0.010% | $111K | $283K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0070 | +0.001% | — | $14K | 10x | as long as short |
| HTX NATGAS-USDTshort | +0.0049% | 4h | 3.0088 | +0.061% | $107K | $201K | 75x | |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0065 | −0.016% | $6.0M | $5.4M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0090 | +0.067% | $83K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0054% | 8h | 3.0078 | +0.026% | $5K | — | 5x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
Vest NG-PERP
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff NATGAS-PERP | +0.0056% | 1h | 3.0066 | −0.012% | $35K | — | 20x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0053 | −0.056% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0100 | +0.101% | $37K | $217K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.232% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0080 | +0.034% | $1.5M | $93K | 10x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0148% | 4h | 3.0070 | +0.001% | $22K | $211K | 25x | as long as short |
| KuCoin NATGASUSDTM | +0.0242% | 4h | 3.0050 | −0.066% | $1.0M | $912K | 20x | as long as short |
| Aster NATGASUSDT | +0.0272% | 4h | 3.0091 | +0.070% | $265K | $68K | 50x | as long as short |
| Variational Omni NATGASlong | +0.0493% | 4h | 3.0070 | long leg | $319K | $393K | — | |
| Binance NATGASUSDT | +0.0514% | 4h | 3.0077 | +0.024% | $10.3M | $28.6M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0546% | 4h | 3.0070 | 0.000% | $85K | $212K | 20x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0555% / S −0.0563% | 1h | 3.0075 | +0.018% | $88K | — | 45x | as long as short |
| Gate NG_USDT | +0.0617% | 8h | 3.0080 | +0.034% | $1.5M | $196K | 100x | as long as short |
| BloFin NG-USDT | +0.0634% | 8h | 3.0080 | +0.034% | $83K | $198K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0651% | 8h | 3.0080 | +0.034% | $877K | $1.8M | 50x | as long as short |
| Bitget NATGASUSDT | +0.0946% | 4h | 3.0040 | −0.099% | $9.9M | $3.1M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0986% | 1h | 3.0088 | +0.059% | $56K | $35K | 20x | as long as short |
Hotstuff NATGAS-PERP
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
GRVT NATGAS_USDT_Perp
KuCoin NATGASUSDTM
Aster NATGASUSDT
Binance NATGASUSDT
edgeX NATGASUSDC
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
BloFin NG-USDT
OKX NG-USDT-SWAP
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD