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

NATGAS

RWAall NATGAS markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0636%/8h= +69.6% APRnext payment +$3.18 per $10,000 · paid last 24h +0.111%
Price spread now: Variational Omni against SunX−0.075%7-day average −0.059% · 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)+0.153%+$15 on $10k
Price spread, last 4 days (all we have)+0.027%+$3 · spread now −0.075%, 7d avg −0.059%
Together, before fees+0.180%+ Points / potential airdropVariational Omni: Active · farm board+$18 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.059%, so right now this pair is about funding alone: +$19 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.153% in total (about 15.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.18 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX NATGAS-USDT3.00920get 0.0000% / 4h3h 07m$2K$2.4M20x
ShortVariational Omni NATGAS3.00690.0636get 0.0318% / 4h3h 07m$312K$444K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against SunX. 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
$133.52
Price spread: −0.075% → −0.059%
−$1.59
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$123.93
Costs to cover
0.080%
Break-even
0.5 days
Slippage unknown: SunX: live order book, 10 min ago; Variational Omni: RFQ quote, 47 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 SunX live order book, 10 min ago15.13 bp19.5 bp −$20doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 47 min ago4.49 bpdoesn't fit12.6 bp −$126doesn'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%1h2.8456−5.437%as long as short
SunX NATGAS-USDTlong0.0000%4h3.0092long leg$2K$2.4M20x
QFEX NATGAS-USD+0.0009%1h3.0060−0.106%$660K$96K20xas long as short
Lighter NATGAS+0.0032%1h3.0058−0.113%$629K$503K10xas long as short
Hotstuff NATGAS-PERP+0.0032%1h3.0063−0.096%$35K20xas long as short
Vest NG-PERP+0.0046%1h3.0050−0.140%$14K10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0057−0.116%$83K$26K10xas long as short
tradeXYZ xyz:NATGAS+0.0095%1h3.0063−0.096%$6.0M$5.6M10xas long as short
Paradex NG-USD-PERP+0.0099%8h3.0076−0.054%$5K5xas long as short
Pacifica NATGAS+0.0100%1h3.0050−0.140%$68K$33K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.306%$37K$218K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.306%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0070−0.073%$1.5M$93K10xas long as short
Extended XNG-USD+0.0216%1h3.0048−0.146%$110K$364K5xas long as short
KuCoin NATGASUSDTM+0.0364%4h3.0060−0.106%$1.0M$982K20xas long as short
Aster NATGASUSDT+0.0428%4h3.0060−0.106%$264K$74K50xas long as short
GRVT NATGAS_USDT_Perp+0.0462%4h3.0056−0.121%$13K$223K25xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0488% / S −0.0432%1h3.0075−0.056%$92K45xas long as short
HTX NATGAS-USDT+0.0517%4h3.0083−0.030%$107K$212K75xas long as short
Gate NG_USDT+0.0556%8h3.0100+0.027%$1.5M$193K100xas long as short
BloFin NG-USDT+0.0585%8h3.0080−0.040%$82K$195K20xas long as short
OKX NG-USDT-SWAP+0.0609%8h3.0070−0.073%$867K$1.7M50xas long as short
Variational Omni NATGASshort+0.0636%4h3.0069−0.075%$312K$444K
Binance NATGASUSDT+0.0663%4h3.0070−0.073%$10.3M$28.2M100xas long as short
edgeX NATGASUSDC+0.0676%4h3.0070−0.075%$85K$212K20xas long as short
Kraken Futures PF_NATGASUSD+0.0854%1h3.0087−0.017%$56K$35K20xas long as short
Bitget NATGASUSDT+0.1034%4h3.0040−0.173%$9.9M$3.2M100xas long as short