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−0.0113%/8h= −12.3% APRpaid last 24h −0.007%
Price spread now: OKX against Variational Omni−0.031%7-day average −0.042% · 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)+0.024%+$2 on $10k
Price spread, last 4 days (all we have)+0.102%+$10 · spread now −0.031%, 7d avg −0.042%
Together, before fees+0.126%+ Points / potential airdropVariational Omni: Active · farm board+$13 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.042%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni NATGAS2.99990.0586pay 0.0293% / 4h1h 05m$311K$444K
ShortOKX NG-USDT-SWAP2.99900.0473get 0.0473% / 8h5h 05m$852K$1.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$23.67
Price spread: −0.031% → −0.042%
$1.15
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee OKX: 5 bp × 2 orders
−$10
Net
−$32.52
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 59 min ago; OKX: 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, 59 min ago4.50 bpdoesn't fit11.3 bp −$113doesn't fitdoesn't fit
Sell OKX live order book, 2 min ago1.67 bp9.7 bp −$1019.2 bp −$192doesn'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%1h2.8429−5.234%as long as short
SunX NATGAS-USDT0.0000%4h3.0022+0.076%$2K$2.4M20xas long as short
QFEX NATGAS-USD+0.0019%1h3.0000+0.003%$658K$85K20xas long as short
Hotstuff NATGAS-PERP+0.0024%1h3.0002+0.009%$35K20xas long as short
Lighter NATGAS+0.0032%1h3.0002+0.009%$618K$494K10xas long as short
Vest NG-PERP+0.0046%1h2.9990−0.031%$37810xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h2.9990−0.031%$82K$26K10xas long as short
Paradex NG-USD-PERP+0.0061%8h3.0011+0.040%$5K5xas long as short
tradeXYZ xyz:NATGAS+0.0091%1h3.0001+0.006%$6.0M$5.9M10xas long as short
Pacifica NATGAS+0.0100%1h2.9989−0.034%$68K$33K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni NATGASUSDT+0.0100%1h3.0000+0.003%$37K$215K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000+0.003%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0010+0.036%$1.5M$95K10xas long as short
Extended XNG-USD+0.0136%1h2.9985−0.049%$110K$445K5xas long as short
HTX NATGAS-USDT+0.0242%4h3.0018+0.063%$105K$216K75xas long as short
GRVT NATGAS_USDT_Perp+0.0384%4h3.0000+0.003%$25K$227K25xas long as short
KuCoin NATGASUSDTM+0.0384%4h2.9980−0.064%$1.1M$1.1M20xas long as short
Aster NATGASUSDT+0.0407%4h2.9996−0.010%$265K$73K50xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0441% / S −0.0380%1h3.0005+0.019%$92K45xas long as short
Gate NG_USDT+0.0458%8h3.0040+0.136%$1.5M$211K100xas long as short
BloFin NG-USDT+0.0465%8h3.0000+0.003%$81K$188K20xas long as short
OKX NG-USDT-SWAPshort+0.0473%8h2.9990−0.031%$852K$1.7M50x
Variational Omni NATGASlong+0.0586%4h2.9999long leg$311K$444K
edgeX NATGASUSDC+0.0612%4h2.9998−0.003%$85K$212K20xas long as short
Binance NATGASUSDT+0.0617%4h3.0004+0.017%$10.2M$28.9M100xas long as short
Bitget NATGASUSDT+0.0988%4h2.9960−0.131%$9.9M$3.4M100xas long as short
Kraken Futures PF_NATGASUSD+0.1110%1h3.0015+0.054%$53K$34K20xas long as short