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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0151%/8h= +16.5% APRpaid last 24h +0.081%
Price spread now: Variational Omni against Extended+0.020%7-day average +0.009% · you sell dearer than you buy
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 4 days (all we have)+0.087%+$9 on $10k
Price spread, last 4 days (all we have)+0.001%$0 · spread now +0.020%, 7d avg +0.009%
Together, before fees+0.088%+ Points / potential airdropExtended: Active · Variational Omni: Active · farm board+$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.009%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XNG-USD3.00510.0032pay 0.0004% / 1h43m 06s$123K$357K5x
ShortVariational Omni NATGAS3.00570.0183get 0.0091% / 4h43m 06s$356K$419K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Extended. 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
$31.62
Price spread: +0.020% → +0.009%
$1.16
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$27.79
Costs to cover
0.050%
Break-even
0.8 days
Slippage unknown: Extended: live order book, 62 min ago; Variational Omni: RFQ quote, 64 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 Extended live order book, 62 min ago0.17 bp3.7 bp −$49.7 bp −$97doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 64 min ago4.50 bpdoesn't fit8.1 bp −$81doesn't fitdoesn't fit

NATGAS on 27 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff NATGAS-PERP−0.1600%1h2.9965−0.287%$36K$59920xas long as short
GRVT NATGAS_USDT_Perp0.0000%4h3.0087+0.119%$25K$195K25xas long as short
gTrade (Gains Network) NATGAS/USDL 0.0000% / S 0.0000%1h2.8436−5.375%as long as short
SunX NATGAS-USDT0.0000%4h3.0112+0.202%$2K$1.6M20xas long as short
HTX NATGAS-USDT0.0000%4h3.0086+0.116%$119K$219K75xas long as short
QFEX NATGAS-USD+0.0003%1h3.0080+0.096%$596K$101K20xas long as short
Lighter NATGAS+0.0032%1h3.0056+0.016%$649K$707K10xas long as short
Extended XNG-USDlong+0.0032%1h3.0051long leg$123K$357K5x
Vest NG-PERP+0.0046%1h3.0060+0.029%$14K10xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h3.0060+0.029%$6.0M$5.0M10xas long as short
Show all 27 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex NG-USD-PERP+0.0050%8h3.0095+0.147%$5K5xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0013−0.127%$84K$28K10xas long as short
Aster NATGASUSDT+0.0096%4h3.0086+0.117%$259K$71K50xas long as short
Pacifica NATGAS+0.0100%1h3.0073+0.073%$69K$39K10xas long as short
KuCoin NATGASUSDTM+0.0100%4h3.0050−0.004%$1.1M$746K20xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0100+0.162%$37K$215K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.170%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0070+0.063%$1.5M$96K10xas long as short
Variational Omni NATGASshort+0.0183%4h3.0057+0.020%$356K$419K
Kraken Futures PF_NATGASUSD+0.0240%1h3.0067+0.054%$53K$48K20xas long as short
Binance NATGASUSDT+0.0244%4h3.0060+0.029%$10.0M$32.9M100xas long as short
edgeX NATGASUSDC+0.0252%4h3.0069+0.060%$85K$212K20xas long as short
Gate NG_USDT+0.0336%8h3.0100+0.162%$1.5M$159K100xas long as short
OKX NG-USDT-SWAP+0.0355%8h3.0060+0.029%$841K$2.0M50xas long as short
BloFin NG-USDT+0.0374%8h3.0100+0.162%$81K$202K20xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0403% / S −0.0375%1h3.0065+0.046%$88K45xas long as short
Bitget NATGASUSDT+0.0800%4h3.0030−0.071%$10.0M$2.7M100xas long as short