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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0070%/8h= −7.7% APRpaid last 24h −0.073%
Price spread now: Pacifica against Variational Omni−0.010%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · Pacifica: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni NATGAS2.99470.0170pay 0.0085% / 4h1h 03m$355K$419K
ShortPacifica NATGAS2.99440.0100get 0.0013% / 1h3m 55s$68K$39K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
−$14.75
Price spread: −0.010% → 0.000%
−$1.02
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$23.77
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 43 min ago; Pacifica: 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
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 43 min ago4.50 bpdoesn't fit8.0 bp −$80doesn't fitdoesn't fit
Sell Pacifica no order-book sample
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 exchanges

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−0.1600%1h2.9957+0.033%$36K$59920xas long as short
Kraken Futures PF_NATGASUSD−0.0077%1h2.9947+0.001%$53K$47K20xas long as short
QFEX NATGAS-USD−0.0004%1h2.9950+0.010%$659K$68K20xas long as short
GRVT NATGAS_USDT_Perp0.0000%4h2.9960+0.042%$14K$194K25xas long as short
gTrade (Gains Network) NATGAS/USDL 0.0000% / S 0.0000%1h2.8321−5.430%as long as short
SunX NATGAS-USDT0.0000%4h2.9971+0.080%$2K$1.6M20xas long as short
HTX NATGAS-USDT0.0000%4h2.9976+0.097%$118K$219K75xas long as short
Lighter NATGAS+0.0032%1h2.9956+0.030%$645K$795K10xas long as short
Extended XNG-USD+0.0032%1h2.9949+0.005%$123K$369K5xas long as short
Vest NG-PERP+0.0046%1h2.9950+0.010%$14K10xas long as short
Show all 27 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NATGAS+0.0050%1h2.9955+0.026%$6.0M$4.9M10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h2.9964+0.057%$84K$28K10xas long as short
Paradex NG-USD-PERP+0.0051%8h2.9960+0.044%$5K5xas long as short
Aster NATGASUSDT+0.0075%4h2.9982+0.117%$258K$74K50xas long as short
Pacifica NATGASshort+0.0100%1h2.9944−0.010%$68K$39K10x
KuCoin NATGASUSDTM+0.0100%4h2.9930−0.057%$1.1M$763K20xas long as short
ApeX Omni NATGASUSDT+0.0100%1h2.9900−0.157%$36K$215K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000+0.177%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h2.9950+0.010%$1.5M$94K10xas long as short
Variational Omni NATGASlong+0.0170%4h2.9947long leg$355K$419K
Binance NATGASUSDT+0.0234%4h2.9950+0.010%$10.0M$32.5M100xas long as short
edgeX NATGASUSDC+0.0234%4h2.9957+0.033%$85K$211K20xas long as short
Gate NG_USDT+0.0300%8h2.9980+0.110%$1.5M$203K100xas long as short
OKX NG-USDT-SWAP+0.0356%8h2.9950+0.010%$836K$2.0M50xas long as short
BloFin NG-USDT+0.0372%8h2.9950+0.010%$80K$201K20xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0448% / S −0.0430%1h2.9955+0.026%$88K45xas long as short
Bitget NATGASUSDT+0.0780%4h2.9930−0.057%$9.9M$2.8M100xas long as short