Funding you earn now, next payment 04:00 UTC−0.0067%/8h= −7.4% APRpaid last 24h +0.007%
Price spread now: Variational Omni against BloFin+0.134%86s7-day average +0.040% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.027%−$3 on $10k
+Price spread, last 3 days (all we have)−0.090%−$9 · spread now +0.134%, 7d avg +0.040%
=Together, before fees−0.117%+ Points / potential airdropVariational Omni: Active · farm board−$12 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.093% dearer against BloFin than usual: you sell high and buy low (spread +0.134% now, against its 7-day average of +0.040%): +$9 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.6 days. At the pace of the last 3 days (−0.027% in total) that is about 12 days. The two prices were read 86 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin NG-USDT | 2.9990 | 0.0222 | pay 0.0222% / 8h | 7h 23m | $80K | $189K | 20x |
| Short | Variational Omni NATGAS | 3.0030 | 0.0154 | get 0.0077% / 4h | 3h 23m | $312K | $443K | — |
BloFin NG-USDT
Variational Omni NATGASFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against BloFin. 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
- −$14.12
- Price spread: +0.134% → +0.040%
- $9.33
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$16.79
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 41 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 41 min ago | 1.67 bp | 10.5 bp −$11 | 17.5 bp −$175 | 102.3 bp −$10.2K | doesn't fit |
| Sell Variational Omni RFQ quote, 50 min ago | 4.49 bp | doesn't fit | 10.0 bp −$100 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8381 | −5.365% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0062 | +0.240% | $2K | $2.6M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0015% | 1h | 3.0030 | +0.133% | $659K | $85K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0026 | +0.120% | $617K | $414K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0008 | +0.059% | $112K | $452K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0030 | +0.133% | — | $378 | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0005 | +0.050% | $5.9M | $5.9M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0046 | +0.187% | $84K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0055% | 8h | 3.0044 | +0.181% | $5K | — | 5x | as long as short |
| Hotstuff NATGAS-PERP | +0.0064% | 1h | 3.0027 | +0.123% | $35K | — | 20x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
Vest NG-PERP
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
Hotstuff NATGAS-PERPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster NATGASUSDT | +0.0080% | 4h | 3.0030 | +0.133% | $266K | $73K | 50x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0012 | +0.073% | $68K | $33K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0100% | 4h | 3.0020 | +0.100% | $1.0M | $1.1M | 20x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | +0.033% | $37K | $216K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | +0.033% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0030 | +0.133% | $1.5M | $95K | 10x | as long as short |
| Variational Omni NATGASshort | +0.0154% | 4h | 3.0030 | +0.134% | $312K | $443K | — | |
| OKX NG-USDT-SWAP | +0.0217% | 8h | 3.0020 | +0.100% | $863K | $1.7M | 50x | as long as short |
| BloFin NG-USDTlong | +0.0222% | 8h | 2.9990 | long leg | $80K | $189K | 20x | |
| HTX NATGAS-USDT | +0.0224% | 4h | 3.0052 | +0.207% | $98K | $211K | 75x | as long as short |
| Binance NATGASUSDT | +0.0246% | 4h | 3.0027 | +0.123% | $10.1M | $29.5M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0255% | 4h | 3.0020 | +0.101% | $85K | $211K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0326% | 4h | 2.9990 | 0.000% | $10.0M | $3.5M | 100x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0364% | 4h | 3.0020 | +0.100% | $25K | $214K | 25x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0409% / S −0.0346% | 1h | 3.0035 | +0.150% | $92K | — | 45x | as long as short |
| Gate NG_USDT | +0.0497% | 8h | 3.0050 | +0.200% | $1.5M | $255K | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1001% | 1h | 3.0041 | +0.170% | $52K | $36K | 20x | as long as short |
Aster NATGASUSDT
Pacifica NATGAS
KuCoin NATGASUSDTM
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
OKX NG-USDT-SWAP
HTX NATGAS-USDT
Binance NATGASUSDT
edgeX NATGASUSDC
Bitget NATGASUSDT
GRVT NATGAS_USDT_Perp
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
Kraken Futures PF_NATGASUSD