Funding you earn now, next payment 05:00 UTC+0.0145%/8h= +15.9% APRpaid last 24h −0.038%
Price spread now: Variational Omni against GMX+0.016%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 · 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX NATGAS/USD [ETH-USDC] | 3.0055 | L +0.0497% / S −0.0442% | pay 0.0062% / 1h | 3m 41s | $92K | — | 45x |
| Short | Variational Omni NATGAS | 3.0060 | 0.0642 | get 0.0321% / 4h | 3h 03m | $317K | $449K | — |
GMX NATGAS/USD [ETH-USDC]
Variational Omni NATGASFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against GMX. 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
- $30.43
- Price spread: +0.016% → 0.000%
- $1.58
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $20.01
- Costs to cover
- 0.120%
- Break-even
- 2.4 days
Slippage unknown: GMX: no order-book sample; Variational Omni: RFQ quote, 50 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 GMX no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 50 min ago | 4.49 bp | doesn't fit | 12.6 bp −$126 | doesn't fit | doesn't fit |
GMX: 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 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 | 2.8440 | −5.373% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0072 | +0.057% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0009% | 1h | 3.0040 | −0.050% | $659K | $96K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0045 | −0.033% | $629K | $503K | 10x | as long as short |
| Hotstuff NATGAS-PERP | +0.0032% | 1h | 3.0047 | −0.027% | $35K | — | 20x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0050 | −0.017% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0080 | +0.083% | $83K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0095% | 8h | 3.0066 | +0.036% | $5K | — | 5x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0095% | 1h | 3.0050 | −0.017% | $6.0M | $5.6M | 10x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0040 | −0.050% | $68K | $33K | 10x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Hotstuff NATGAS-PERP
Vest NG-PERP
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
tradeXYZ xyz:NATGAS
Pacifica NATGASShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.183% | $37K | $218K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.183% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0050 | −0.017% | $1.5M | $93K | 10x | as long as short |
| Extended XNG-USD | +0.0208% | 1h | 3.0038 | −0.056% | $110K | $364K | 5x | as long as short |
| KuCoin NATGASUSDTM | +0.0364% | 4h | 3.0040 | −0.050% | $1.0M | $982K | 20x | as long as short |
| Aster NATGASUSDT | +0.0431% | 4h | 3.0060 | +0.017% | $264K | $74K | 50x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0448% | 4h | 3.0050 | −0.017% | $13K | $223K | 25x | as long as short |
| HTX NATGAS-USDT | +0.0495% | 4h | 3.0072 | +0.057% | $107K | $212K | 75x | as long as short |
| GMX NATGAS/USD [ETH-USDC]long | L +0.0497% / S −0.0442% | 1h | 3.0055 | long leg | $92K | — | 45x | |
| Gate NG_USDT | +0.0557% | 8h | 3.0090 | +0.116% | $1.5M | $193K | 100x | as long as short |
| BloFin NG-USDT | +0.0603% | 8h | 3.0060 | +0.017% | $81K | $195K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0612% | 8h | 3.0050 | −0.017% | $867K | $1.7M | 50x | as long as short |
| Variational Omni NATGASshort | +0.0642% | 4h | 3.0060 | +0.016% | $317K | $449K | — | |
| Binance NATGASUSDT | +0.0665% | 4h | 3.0054 | −0.005% | $10.3M | $28.2M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0676% | 4h | 3.0070 | +0.048% | $85K | $212K | 20x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0855% | 1h | 3.0068 | +0.043% | $56K | $35K | 20x | as long as short |
| Bitget NATGASUSDT | +0.1036% | 4h | 3.0030 | −0.083% | $9.9M | $3.2M | 100x | as long as short |
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Extended XNG-USD
KuCoin NATGASUSDTM
Aster NATGASUSDT
GRVT NATGAS_USDT_Perp
HTX NATGAS-USDT
Gate NG_USDT
BloFin NG-USDT
OKX NG-USDT-SWAP
Binance NATGASUSDT
edgeX NATGASUSDC
Kraken Futures PF_NATGASUSD
Bitget NATGASUSDT