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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0042%/8h= +4.6% APRnext payment +$0.21 per $10,000 · paid last 24h +0.028%
Price spread now: Variational Omni against Aster−0.052%7-day average −0.009% · 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 3 days (all we have)+0.031%+$3 on $10k
Price spread, last 3 days (all we have)−0.030%−$3 · spread now −0.052%, 7d avg −0.009%
Together, before fees+0.001%+ Points / potential airdropAster: Stage 5 · Variational Omni: Active · farm board$0 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.042% cheaper against Aster than usual: you would sell low and buy high (spread −0.052% now, against its 7-day average of −0.009%). If the spread goes back, that is −$4 on $10k: about 3.4 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster NATGASUSDT2.99400.0606pay 0.0303% / 4h3h 30m$265K$104K50x
ShortVariational Omni NATGAS2.99250.0648get 0.0324% / 4h3h 30m$311K$493K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Aster. 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
$8.82
Price spread: −0.052% → −0.009%
−$4.22
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$3.4
Costs to cover
0.080%
Break-even
9.7 days
Slippage unknown: Aster: live order book, 16 min ago; Variational Omni: RFQ quote, 19 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 Aster live order book, 16 min ago3.34 bp38.4 bp −$38doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 19 min ago4.51 bpdoesn't fit12.0 bp −$120doesn'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%4h2.9942+0.007%$2K$2.7M20xas long as short
QFEX NATGAS-USD+0.0021%1h2.9920−0.067%$656K$120K20xas long as short
Lighter NATGAS+0.0032%1h2.9930−0.033%$618K$414K10xas long as short
Vest NG-PERP+0.0046%1h2.8350−5.311%$37810xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h2.9956+0.053%$84K$70K10xas long as short
Paradex NG-USD-PERP+0.0100%8h2.9930−0.033%$5K5xas long as short
Pacifica NATGAS+0.0100%1h2.9903−0.124%$80K$22K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h2.9900−0.134%$36K$212K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h2.9900−0.134%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h2.9920−0.067%$1.5M$101K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff NATGAS-PERP+0.0176%1h2.9924−0.053%$35K20xas long as short
tradeXYZ xyz:NATGAS+0.0239%1h2.9932−0.027%$5.9M$6.8M10xas long as short
Extended XNG-USD+0.0272%1h2.9905−0.116%$112K$1.3M5xas long as short
HTX NATGAS-USDT+0.0351%4h2.9939−0.003%$97K$224K75xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0409% / S −0.0333%1h2.9925−0.050%$93K45xas long as short
KuCoin NATGASUSDTM+0.0414%4h2.9920−0.067%$1.0M$1.2M20xas long as short
BloFin NG-USDT+0.0419%8h2.9900−0.134%$84K$190K20xas long as short
OKX NG-USDT-SWAP+0.0419%8h2.9900−0.134%$894K$1.8M50xas long as short
Gate NG_USDT+0.0424%8h2.9930−0.033%$1.5M$388K100xas long as short
Aster NATGASUSDTlong+0.0606%4h2.9940long leg$265K$104K50x
Variational Omni NATGASshort+0.0648%4h2.9925−0.052%$311K$493K
GRVT NATGAS_USDT_Perp+0.0652%4h2.9928−0.039%$21K$279K25xas long as short
edgeX NATGASUSDC+0.0683%4h2.9935−0.016%$85K$213K20xas long as short
Binance NATGASUSDT+0.0687%4h2.9930−0.033%$10.1M$33.1M100xas long as short
Kraken Futures PF_NATGASUSD+0.1067%1h2.9941+0.005%$52K$55K20xas long as short
Bitget NATGASUSDT+0.1128%4h2.9900−0.134%$9.9M$4.3M100xas long as short