Funding you earn now, next payment 04:00 UTC−0.0574%/8h= −62.8% APRpaid last 24h −0.098%
Price spread now: gTrade (Gains Network) against Variational Omni−5.256%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 1 day (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
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and gTrade (Gains Network) is 5.256% cheaper against Variational Omni than usual: you would sell low and buy high (−$526 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni NATGAS | 3.0029 | 0.0574 | pay 0.0287% / 4h | 10m 10s | $317K | $449K | — |
| Short | gTrade (Gains Network) NATGAS/USD | 2.8451 | L 0.0000% / S 0.0000% | pay 0.0000% / 1h | 10m 10s | — | — | — |
Variational Omni NATGAS
gTrade (Gains Network) NATGAS/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$120.48
- Price spread: −5.256% → 0.000%
- −$525.63
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$656.11
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 49 min ago; gTrade (Gains Network): 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, 49 min ago | 4.48 bp | doesn't fit | 13.6 bp −$136 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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/USDshort | L 0.0000% / S 0.0000% | 1h | 2.8451 | −5.256% | — | — | — | |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0042 | +0.042% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0022% | 1h | 3.0020 | −0.031% | $669K | $91K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0021 | −0.028% | $619K | $494K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0021 | −0.027% | $110K | $405K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0030 | +0.002% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0030 | +0.002% | $82K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0054% | 8h | 3.0041 | +0.038% | $5K | — | 5x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0070% | 1h | 3.0023 | −0.021% | $6.0M | $5.8M | 10x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0013 | −0.055% | $68K | $33K | 10x | as long as short |
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
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 | −0.098% | $37K | $215K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.098% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0030 | +0.002% | $1.5M | $93K | 10x | as long as short |
| HTX NATGAS-USDT | +0.0160% | 4h | 3.0043 | +0.045% | $105K | $210K | 75x | as long as short |
| Hotstuff NATGAS-PERP | +0.0208% | 1h | 3.0040 | +0.035% | $35K | — | 20x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0318% | 4h | 3.0058 | +0.095% | $25K | $227K | 25x | as long as short |
| KuCoin NATGASUSDTM | +0.0320% | 4h | 3.0010 | −0.065% | $1.0M | $1.0M | 20x | as long as short |
| Aster NATGASUSDT | +0.0371% | 4h | 3.0023 | −0.021% | $266K | $73K | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0459% / S −0.0399% | 1h | 3.0035 | +0.019% | $92K | — | 45x | as long as short |
| Gate NG_USDT | +0.0493% | 8h | 3.0060 | +0.102% | $1.5M | $194K | 100x | as long as short |
| OKX NG-USDT-SWAP | +0.0513% | 8h | 3.0030 | +0.002% | $860K | $1.7M | 50x | as long as short |
| BloFin NG-USDT | +0.0537% | 8h | 3.0040 | +0.035% | $81K | $192K | 20x | as long as short |
| Variational Omni NATGASlong | +0.0574% | 4h | 3.0029 | long leg | $317K | $449K | — | |
| Binance NATGASUSDT | +0.0590% | 4h | 3.0029 | 0.000% | $10.2M | $28.5M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0622% | 4h | 3.0050 | +0.069% | $85K | $213K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0966% | 4h | 3.0000 | −0.098% | $9.9M | $3.3M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0994% | 1h | 3.0040 | +0.034% | $54K | $33K | 20x | as long as short |
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
HTX NATGAS-USDT
Hotstuff NATGAS-PERP
GRVT NATGAS_USDT_Perp
KuCoin NATGASUSDTM
Aster NATGASUSDT
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
OKX NG-USDT-SWAP
BloFin NG-USDT
Binance NATGASUSDT
edgeX NATGASUSDC
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD