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−0.0074%/8h= −8.1% APRpaid last 24h −0.009%
Price spread now: Gate against Variational Omni+0.134%7-day average +0.022% · 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)−0.051%−$5 on $10k
Price spread, last 4 days (all we have)−0.059%−$6 · spread now +0.134%, 7d avg +0.022%
Together, before fees−0.110%+ Points / potential airdropVariational Omni: Active · farm board−$11 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.112% dearer against Variational Omni than usual: you sell high and buy low (spread +0.134% now, against its 7-day average of +0.022%): +$11 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.0 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni NATGAS3.00600.0627pay 0.0313% / 4h3h 15m$312K$444K
ShortGate NG_USDT3.01000.0553get 0.0553% / 8h3h 15m$1.5M$193K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$15.47
Price spread: +0.134% → +0.022%
$11.15
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$19.32
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 38 min ago; Gate: live order book, 1 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 Variational Omni RFQ quote, 38 min ago4.49 bpdoesn't fit10.7 bp −$107doesn't fitdoesn't fit
Sell Gate live order book, 1 min ago1.66 bp22.7 bp −$2347.5 bp −$475doesn't fitdoesn't fit

NATGAS on 26 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
SunX NATGAS-USDT0.0000%4h3.0082+0.074%$2K$2.4M20xas long as short
QFEX NATGAS-USD+0.0009%1h3.0050−0.032%$659K$96K20xas long as short
Lighter NATGAS+0.0032%1h3.0045−0.049%$629K$503K10xas long as short
Hotstuff NATGAS-PERP+0.0032%1h3.0046−0.046%$35K20xas long as short
Vest NG-PERP+0.0046%1h3.0040−0.066%$14K10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0047−0.042%$83K$26K10xas long as short
Paradex NG-USD-PERP+0.0085%8h3.0082+0.076%$5K5xas long as short
tradeXYZ xyz:NATGAS+0.0091%1h3.0048−0.039%$6.0M$5.7M10xas long as short
Pacifica NATGAS+0.0100%1h3.0042−0.059%$68K$33K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.199%$37K$218K50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.199%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0070+0.034%$1.5M$92K10xas long as short
Extended XNG-USD+0.0192%1h3.0038−0.073%$110K$365K5xas long as short
KuCoin NATGASUSDTM+0.0366%4h3.0020−0.132%$1.0M$989K20xas long as short
Aster NATGASUSDT+0.0414%4h3.0060+0.001%$264K$74K50xas long as short
GRVT NATGAS_USDT_Perp+0.0460%4h3.0020−0.132%$13K$223K25xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0486% / S −0.0429%1h3.0065+0.018%$92K45xas long as short
HTX NATGAS-USDT+0.0541%4h3.0079+0.064%$106K$211K75xas long as short
Gate NG_USDTshort+0.0553%8h3.0100+0.134%$1.5M$193K100x
OKX NG-USDT-SWAP+0.0593%8h3.0070+0.034%$868K$1.7M50xas long as short
BloFin NG-USDT+0.0612%8h3.0020−0.132%$82K$194K20xas long as short
Variational Omni NATGASlong+0.0627%4h3.0060long leg$312K$444K
edgeX NATGASUSDC+0.0639%4h3.0030−0.100%$85K$213K20xas long as short
Binance NATGASUSDT+0.0645%4h3.0068+0.029%$10.3M$28.2M100xas long as short
Kraken Futures PF_NATGASUSD+0.0855%1h3.0067+0.023%$56K$35K20xas long as short
Bitget NATGASUSDT+0.1018%4h3.0010−0.165%$9.9M$3.2M100xas long as short