Funding you earn now, next payment 12:00 UTC−0.0117%/8h= −12.8% APRpaid last 24h −0.087%
Price spread now: Paradex against Variational Omni+0.009%53s7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · Paradex: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$4 a day on $10k at the current rate. The two prices were read 53 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 | 2.9967 | 0.0168 | pay 0.0084% / 4h | 1h 06m | $355K | $419K | — |
| Short | Paradex NG-USD-PERP | 2.9970 | 0.0051 | get 0.0051% / 8h | 5h 06m | $5K | — | 5x |
Variational Omni NATGAS
Paradex NG-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- −$24.56
- Price spread: +0.009% → 0.000%
- $0.94
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$27.62
- Costs to cover
- 0.040%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 40 min ago; Paradex: no order-book sample. 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, 40 min ago | 4.50 bp | doesn't fit | 8.0 bp −$80 | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
NATGAS on 27 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff NATGAS-PERP | −0.1600% | 1h | 2.9965 | −0.008% | $36K | $599 | 20x | as long as short |
| Kraken Futures PF_NATGASUSD | −0.0077% | 1h | 2.9957 | −0.034% | $53K | $47K | 20x | as long as short |
| QFEX NATGAS-USD | −0.0004% | 1h | 2.9960 | −0.025% | $660K | $92K | 20x | as long as short |
| GRVT NATGAS_USDT_Perp | 0.0000% | 4h | 2.9960 | −0.026% | $14K | $194K | 25x | as long as short |
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8326 | −5.477% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 2.9981 | +0.046% | $2K | $1.6M | 20x | as long as short |
| HTX NATGAS-USDT | 0.0000% | 4h | 2.9977 | +0.032% | $118K | $219K | 75x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 2.9957 | −0.035% | $645K | $795K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 2.9957 | −0.034% | $123K | $369K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 2.9970 | +0.009% | — | $14K | 10x | as long as short |
Hotstuff NATGAS-PERP
Kraken Futures PF_NATGASUSD
QFEX NATGAS-USD
GRVT NATGAS_USDT_Perp
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
HTX NATGAS-USDT
Lighter NATGAS
Extended XNG-USD
Vest NG-PERPShow all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 2.9962 | −0.018% | $6.0M | $4.9M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 2.9955 | −0.041% | $84K | $28K | 10x | as long as short |
| Paradex NG-USD-PERPshort | +0.0051% | 8h | 2.9970 | +0.009% | $5K | — | 5x | |
| Aster NATGASUSDT | +0.0074% | 4h | 2.9981 | +0.045% | $258K | $74K | 50x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 2.9945 | −0.075% | $68K | $39K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0100% | 4h | 2.9930 | −0.125% | $1.1M | $766K | 20x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 2.9900 | −0.225% | $36K | $215K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | +0.109% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 2.9960 | −0.025% | $1.5M | $94K | 10x | as long as short |
| Variational Omni NATGASlong | +0.0168% | 4h | 2.9967 | long leg | $355K | $419K | — | |
| Binance NATGASUSDT | +0.0234% | 4h | 2.9959 | −0.029% | $10.0M | $32.5M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0253% | 4h | 2.9960 | −0.026% | $85K | $211K | 20x | as long as short |
| Gate NG_USDT | +0.0300% | 8h | 2.9980 | +0.042% | $1.5M | $202K | 100x | as long as short |
| OKX NG-USDT-SWAP | +0.0357% | 8h | 2.9960 | −0.025% | $837K | $2.0M | 50x | as long as short |
| BloFin NG-USDT | +0.0363% | 8h | 2.9940 | −0.091% | $80K | $201K | 20x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0448% / S −0.0430% | 1h | 2.9965 | −0.008% | $88K | — | 45x | as long as short |
| Bitget NATGASUSDT | +0.0774% | 4h | 2.9940 | −0.091% | $9.9M | $2.8M | 100x | as long as short |
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.P
Aster NATGASUSDT
Pacifica NATGAS
KuCoin NATGASUSDTM
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Binance NATGASUSDT
edgeX NATGASUSDC
Gate NG_USDT
OKX NG-USDT-SWAP
BloFin NG-USDT
GMX NATGAS/USD [ETH-USDC]
Bitget NATGASUSDT