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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0349%/8h= +38.2% APRnext payment +$1.75 per $10,000 · paid last 24h +0.080%
Price spread now: Variational Omni against HTX−0.046%7-day average −0.051% · 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 4 days (all we have)+0.122%+$12 on $10k
Price spread, last 4 days (all we have)−0.021%−$2 · spread now −0.046%, 7d avg −0.051%
Together, before fees+0.101%+ Points / potential airdropVariational Omni: Active · farm board+$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.051%, so right now this pair is about funding alone: +$10 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.122% in total (about 12.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.75 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX NATGAS-USDT3.00250get 0.0000% / 4h8m 41s$117K$216K75x
ShortVariational Omni NATGAS3.00110.0349get 0.0175% / 4h8m 41s$318K$390K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against HTX. 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
$73.32
Price spread: −0.046% → −0.051%
$0.49
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$61.81
Costs to cover
0.120%
Break-even
1.1 days
Slippage unknown: HTX: live order book, 28 min ago; Variational Omni: RFQ quote, 30 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 HTX live order book, 28 min ago4.32 bp10.3 bp −$1013.5 bp −$135doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 30 min ago4.49 bpdoesn't fit6.1 bp −$61doesn'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
Hotstuff NATGAS-PERP−0.0016%1h3.0026+0.003%$35K20xas long as short
gTrade (Gains Network) NATGAS/USDL 0.0000% / S 0.0000%1h2.8394−5.432%as long as short
SunX NATGAS-USDT0.0000%4h3.0042+0.057%$2K$2.4M20xas long as short
HTX NATGAS-USDTlong0.0000%4h3.0025long leg$117K$216K75x
QFEX NATGAS-USD+0.0004%1h3.0010−0.050%$659K$96K20xas long as short
Lighter NATGAS+0.0032%1h3.0037+0.040%$631K$495K10xas long as short
Extended XNG-USD+0.0032%1h3.0021−0.012%$109K$272K5xas long as short
GRVT NATGAS_USDT_Perp+0.0044%4h3.0005−0.066%$15K$222K25xas long as short
Vest NG-PERP+0.0046%1h3.0030+0.017%$14K10xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h3.0031+0.020%$6.0M$5.3M10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps NATGAS-USD.P+0.0050%1h3.0003−0.073%$82K$26K10xas long as short
Paradex NG-USD-PERP+0.0051%8h3.0041+0.052%$5K5xas long as short
Pacifica NATGAS+0.0100%1h3.0014−0.037%$69K$32K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.083%$37K$215K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.083%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0020−0.017%$1.5M$90K10xas long as short
KuCoin NATGASUSDTM+0.0142%4h3.0010−0.050%$1.0M$867K20xas long as short
Aster NATGASUSDT+0.0151%4h3.0040+0.050%$264K$69K50xas long as short
Variational Omni NATGASshort+0.0349%4h3.0011−0.046%$318K$390K
Binance NATGASUSDT+0.0369%4h3.0030+0.017%$10.4M$28.6M100xas long as short
edgeX NATGASUSDC+0.0385%4h3.0011−0.046%$85K$212K20xas long as short
OKX NG-USDT-SWAP+0.0557%8h3.0010−0.050%$802K$1.8M50xas long as short
Gate NG_USDT+0.0571%8h3.0040+0.050%$1.5M$197K100xas long as short
BloFin NG-USDT+0.0584%8h3.0000−0.083%$80K$198K20xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0590% / S −0.0605%1h3.00250.000%$88K45xas long as short
Bitget NATGASUSDT+0.0828%4h3.0000−0.083%$9.9M$3.0M100xas long as short
Kraken Futures PF_NATGASUSD+0.0862%1h3.0041+0.052%$56K$35K20xas long as short