Funding you earn now, next payment 09:00 UTC+0.0289%/8h= +31.7% APRpaid last 24h +0.073%
Price spread now: Variational Omni against Pacifica+0.219%7-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 airdropPacifica: Active · Variational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Variational Omni is 0.219% dearer against Pacifica than usual: you sell high and buy low: +$22 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica NATGAS | 2.9955 | 0.0100 | pay 0.0013% / 1h | 17m 26s | $69K | $30K | 10x |
| Short | Variational Omni NATGAS | 3.0021 | 0.0389 | get 0.0195% / 4h | 3h 17m | $347K | $420K | — |
Pacifica NATGAS
Variational Omni NATGASFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Pacifica. 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
- $60.72
- Price spread: +0.219% → 0.000%
- $21.92
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $74.63
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Pacifica: no order-book sample; Variational Omni: RFQ quote, 17 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 Pacifica no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 17 min ago | 4.49 bp | doesn't fit | 7.9 bp −$79 | doesn't fit | doesn't fit |
Pacifica: 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff NATGAS-PERP | −0.0024% | 1h | 2.9970 | +0.050% | $35K | — | 20x | as long as short |
| QFEX NATGAS-USD | 0.0000% | 1h | 2.9980 | +0.083% | $658K | $96K | 20x | as long as short |
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8325 | −5.441% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0002 | +0.157% | $2K | $2.2M | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 2.9971 | +0.053% | $630K | $484K | 10x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 2.9970 | +0.050% | — | $14K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 2.9972 | +0.057% | $6.0M | $5.2M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0039 | +0.280% | $84K | $29K | 10x | as long as short |
| Extended XNG-USD | +0.0056% | 1h | 2.9965 | +0.035% | $109K | $253K | 5x | as long as short |
| Paradex NG-USD-PERP | +0.0075% | 8h | 2.9999 | +0.148% | $5K | — | 5x | as long as short |
Hotstuff NATGAS-PERP
QFEX NATGAS-USD
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
Lighter NATGAS
Vest NG-PERP
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.P
Extended XNG-USD
Paradex NG-USD-PERPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGASlong | +0.0100% | 1h | 2.9955 | long leg | $69K | $30K | 10x | |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | +0.150% | $37K | $214K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 2.9900 | −0.184% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 2.9990 | +0.117% | $1.5M | $91K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0182% | 4h | 2.9980 | +0.083% | $1.0M | $835K | 20x | as long as short |
| Aster NATGASUSDT | +0.0229% | 4h | 3.0007 | +0.175% | $264K | $69K | 50x | as long as short |
| Gate NG_USDT | +0.0230% | 8h | 3.0000 | +0.150% | $1.5M | $193K | 100x | as long as short |
| HTX NATGAS-USDT | +0.0288% | 4h | 3.0004 | +0.164% | $118K | $221K | 75x | as long as short |
| Variational Omni NATGASshort | +0.0389% | 4h | 3.0021 | +0.219% | $347K | $420K | — | |
| edgeX NATGASUSDC | +0.0411% | 4h | 3.0012 | +0.189% | $85K | $212K | 20x | as long as short |
| Binance NATGASUSDT | +0.0420% | 4h | 2.9980 | +0.083% | $10.4M | $29.0M | 100x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0428% | 4h | 3.0003 | +0.160% | $20K | $213K | 25x | as long as short |
| BloFin NG-USDT | +0.0497% | 8h | 3.0000 | +0.150% | $76K | $197K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0505% | 8h | 2.9980 | +0.083% | $801K | $1.9M | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0587% / S −0.0602% | 1h | 2.9985 | +0.100% | $88K | — | 45x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0686% | 1h | 2.9964 | +0.030% | $52K | $37K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0878% | 4h | 2.9960 | +0.017% | $9.9M | $2.9M | 100x | as long as short |
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
KuCoin NATGASUSDTM
Aster NATGASUSDT
Gate NG_USDT
HTX NATGAS-USDT
edgeX NATGASUSDC
Binance NATGASUSDT
GRVT NATGAS_USDT_Perp
BloFin NG-USDT
OKX NG-USDT-SWAP
GMX NATGAS/USD [ETH-USDC]
Kraken Futures PF_NATGASUSD
Bitget NATGASUSDT