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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0039%/8h= +4.3% APRnext payment +$0.20 per $10,000 · paid last 24h −0.026%
Price spread now: KuCoin against Variational Omni−0.037%7-day average −0.044% · 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)−0.004%$0 on $10k
Price spread, last 3 days (all we have)+0.003%$0 · spread now −0.037%, 7d avg −0.044%
Together, before fees−0.001%+ Points / potential airdropVariational Omni: Active · farm board$0 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.044%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni NATGAS2.99710.0061pay 0.0030% / 4h3h 52m$311K$443K
ShortKuCoin NATGASUSDTM2.99600.0100get 0.0050% / 4h3h 52m$1.0M$1.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$8.28
Price spread: −0.037% → −0.044%
$0.74
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$2.98
Costs to cover
0.120%
Break-even
9.5 days
Slippage unknown: Variational Omni: RFQ quote, 21 min ago; KuCoin: live order book, 2 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, 21 min ago4.49 bpdoesn't fit12.0 bp −$120doesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago1.67 bp47.1 bp −$47632.9 bp −$6,329doesn'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%1h2.8339−5.445%as long as short
SunX NATGAS-USDT0.0000%4h3.0002+0.104%$2K$2.6M20xas long as short
QFEX NATGAS-USD+0.0015%1h2.9970−0.003%$658K$86K20xas long as short
Extended XNG-USD+0.0032%1h2.9963−0.026%$110K$453K5xas long as short
Aster NATGASUSDT+0.0034%4h2.9960−0.037%$265K$73K50xas long as short
Hotstuff NATGAS-PERP+0.0040%1h2.9975+0.013%$35K20xas long as short
Vest NG-PERP+0.0046%1h2.9970−0.003%$37810xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h2.9967−0.013%$5.9M$6.0M10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h2.9993+0.074%$84K$42K10xas long as short
Lighter NATGAS+0.0056%1h2.9992+0.070%$617K$412K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex NG-USD-PERP+0.0060%8h2.9988+0.058%$5K5xas long as short
Variational Omni NATGASlong+0.0061%4h2.9971long leg$311K$443K
Pacifica NATGAS+0.0100%1h2.9974+0.010%$68K$33K10xas long as short
KuCoin NATGASUSDTMshort+0.0100%4h2.9960−0.037%$1.0M$1.2M20x
ApeX Omni NATGASUSDT+0.0100%1h2.9900−0.237%$36K$217K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000+0.097%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h2.9980+0.030%$1.5M$95K10xas long as short
BloFin NG-USDT+0.0127%8h2.9970−0.003%$80K$189K20xas long as short
OKX NG-USDT-SWAP+0.0142%8h2.9970−0.003%$857K$1.7M50xas long as short
edgeX NATGASUSDC+0.0169%4h2.99710.000%$85K$211K20xas long as short
Binance NATGASUSDT+0.0175%4h2.9980+0.030%$10.1M$29.7M100xas long as short
Bitget NATGASUSDT+0.0202%4h2.9950−0.070%$10.0M$3.5M100xas long as short
HTX NATGAS-USDT+0.0247%4h3.0000+0.097%$98K$211K75xas long as short
Gate NG_USDT+0.0283%8h2.9990+0.064%$1.5M$254K100xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0406% / S −0.0333%1h2.9985+0.047%$93K45xas long as short
GRVT NATGAS_USDT_Perp+0.0484%4h2.9969−0.006%$25K$241K25xas long as short
Kraken Futures PF_NATGASUSD+0.1002%1h2.9991+0.066%$52K$39K20xas long as short