Funding you earn now, next payment 12:00 UTC−0.0282%/8h= −30.9% APRpaid last 24h −0.073%
Price spread now: Orderly against Variational Omni−0.197%7-day average — · you buy dearer than you sell
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 airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Orderly is 0.197% cheaper against Variational Omni than usual: you would sell low and buy high (−$20 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 | 2.9959 | 0.0382 | pay 0.0191% / 4h | 2h 54m | $355K | $429K | — |
| Short | Orderly PERP_NATGAS_USDC_mythos | 2.9900 | 0.0100 | get 0.0100% / 8h | 6h 54m | $3K | $544 | 10x |
Variational Omni NATGAS
Orderly PERP_NATGAS_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$59.17
- Price spread: −0.197% → 0.000%
- −$19.75
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$84.91
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 40 min ago; Orderly: 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, 40 min ago | 4.49 bp | doesn't fit | 13.1 bp −$131 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | −0.0008% | 1h | 2.9977 | +0.060% | $35K | — | 20x | as long as short |
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8324 | −5.458% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 2.9981 | +0.073% | $2K | $2.1M | 20x | as long as short |
| HTX NATGAS-USDT | +0.0002% | 4h | 2.9976 | +0.056% | $118K | $222K | 75x | as long as short |
| QFEX NATGAS-USD | +0.0024% | 1h | 2.9960 | +0.003% | $659K | $98K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 2.9971 | +0.040% | $632K | $484K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 2.9961 | +0.007% | $112K | $259K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 2.9970 | +0.036% | — | $14K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 2.9958 | −0.004% | $6.0M | $5.6M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 2.9973 | +0.046% | $84K | $28K | 10x | as long as short |
Hotstuff NATGAS-PERP
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
HTX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
Vest NG-PERP
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.PShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex NG-USD-PERP | +0.0075% | 8h | 2.9984 | +0.083% | $5K | — | 5x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 2.9963 | +0.012% | $70K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 2.9900 | −0.197% | $36K | $214K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythosshort | +0.0100% | 8h | 2.9900 | −0.197% | $3K | $544 | 10x | |
| Phemex NGUSDT | +0.0100% | 4h | 2.9960 | +0.003% | $1.5M | $92K | 10x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0194% | 4h | 2.9940 | −0.063% | $20K | $205K | 25x | as long as short |
| Aster NATGASUSDT | +0.0207% | 4h | 2.9949 | −0.034% | $264K | $68K | 50x | as long as short |
| KuCoin NATGASUSDTM | +0.0230% | 4h | 2.9970 | +0.036% | $1.1M | $848K | 20x | as long as short |
| Gate NG_USDT | +0.0247% | 8h | 3.0000 | +0.136% | $1.5M | $198K | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0298% | 1h | 2.9958 | −0.004% | $53K | $45K | 20x | as long as short |
| Variational Omni NATGASlong | +0.0382% | 4h | 2.9959 | long leg | $355K | $429K | — | |
| Binance NATGASUSDT | +0.0399% | 4h | 2.9960 | +0.003% | $9.8M | $31.6M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0412% | 4h | 2.9956 | −0.009% | $85K | $211K | 20x | as long as short |
| BloFin NG-USDT | +0.0467% | 8h | 2.9970 | +0.036% | $77K | $198K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0484% | 8h | 2.9950 | −0.031% | $811K | $1.9M | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0587% / S −0.0602% | 1h | 2.9975 | +0.053% | $88K | — | 45x | as long as short |
| Bitget NATGASUSDT | +0.0856% | 4h | 2.9940 | −0.064% | $9.9M | $3.0M | 100x | as long as short |
Paradex NG-USD-PERP
Pacifica NATGAS
ApeX Omni NATGASUSDT
Phemex NGUSDT
GRVT NATGAS_USDT_Perp
Aster NATGASUSDT
KuCoin NATGASUSDTM
Gate NG_USDT
Kraken Futures PF_NATGASUSD
Binance NATGASUSDT
edgeX NATGASUSDC
BloFin NG-USDT
OKX NG-USDT-SWAP
GMX NATGAS/USD [ETH-USDC]
Bitget NATGASUSDT