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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0054%/8h= +5.9% APRpaid last 24h +0.068%
Price spread now: Variational Omni against ApeX Omni+0.100%103s7-day average +0.003% · 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 3 days (all we have)+0.026%+$3 on $10k
Price spread, last 3 days (all we have)−0.098%−$10 · spread now +0.100%, 7d avg +0.003%
Together, before fees−0.073%+ Points / potential airdropVariational Omni: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Variational Omni is 0.097% dearer against ApeX Omni than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.003%. The two prices were read 103 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni NATGASUSDT3.00000.0100pay 0.0013% / 1h23m 42s$37K$216K50x
ShortVariational Omni NATGAS3.00300.0154get 0.0077% / 4h3h 23m$312K$443K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against ApeX 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
$11.41
Price spread: +0.100% → +0.003%
$9.71
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$11.12
Costs to cover
0.100%
Break-even
0.2 days
Slippage unknown: ApeX Omni: live order book, 47 min ago; Variational Omni: RFQ quote, 50 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 ApeX Omni live order book, 47 min ago16.69 bp51.8 bp −$52261.5 bp −$2,615doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 50 min ago4.49 bpdoesn't fit10.0 bp −$100doesn't fitdoesn't fit

NATGAS on 27 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
gTrade (Gains Network) NATGAS/USDL 0.0000% / S 0.0000%1h2.8381−5.397%as long as short
SunX NATGAS-USDT0.0000%4h3.0062+0.207%$2K$2.6M20xas long as short
QFEX NATGAS-USD+0.0015%1h3.0010+0.033%$659K$85K20xas long as short
Lighter NATGAS+0.0032%1h3.0011+0.037%$617K$414K10xas long as short
Extended XNG-USD+0.0032%1h3.0007+0.025%$112K$452K5xas long as short
Vest NG-PERP+0.0046%1h3.0030+0.100%$37810xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h3.0005+0.017%$5.9M$5.9M10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0046+0.153%$84K$26K10xas long as short
Paradex NG-USD-PERP+0.0055%8h3.0022+0.073%$5K5xas long as short
Hotstuff NATGAS-PERP+0.0064%1h3.0026+0.087%$35K20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NATGASUSDT+0.0082%4h3.0030+0.100%$266K$73K50xas long as short
Pacifica NATGAS+0.0100%1h3.00000.000%$68K$33K10xas long as short
KuCoin NATGASUSDTM+0.0100%4h3.0010+0.033%$1.0M$1.1M20xas long as short
ApeX Omni NATGASUSDTlong+0.0100%1h3.0000long leg$37K$216K50x
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.00000.000%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0030+0.100%$1.5M$95K10xas long as short
Variational Omni NATGASshort+0.0154%4h3.0030+0.100%$312K$443K
OKX NG-USDT-SWAP+0.0217%8h3.0020+0.067%$863K$1.7M50xas long as short
BloFin NG-USDT+0.0222%8h2.9990−0.033%$80K$189K20xas long as short
HTX NATGAS-USDT+0.0224%4h3.0052+0.173%$98K$211K75xas long as short
Binance NATGASUSDT+0.0249%4h3.0025+0.085%$10.1M$29.5M100xas long as short
edgeX NATGASUSDC+0.0255%4h3.0020+0.068%$85K$211K20xas long as short
Bitget NATGASUSDT+0.0328%4h2.9980−0.067%$10.0M$3.5M100xas long as short
GRVT NATGAS_USDT_Perp+0.0364%4h3.0020+0.067%$25K$214K25xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0409% / S −0.0346%1h3.0035+0.117%$92K45xas long as short
Gate NG_USDT+0.0469%8h3.0040+0.133%$1.5M$255K100xas long as short
Kraken Futures PF_NATGASUSD+0.1001%1h3.0041+0.136%$52K$36K20xas long as short