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−0.0062%/8h= −6.8% APRnext payment $0.31 per $10,000 · paid last 24h −0.028%
Price spread now: Aster against Variational Omni+0.126%7-day average +0.010% · 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)−0.031%−$3 on $10k
Price spread, last 3 days (all we have)−0.116%−$12 · spread now +0.126%, 7d avg +0.010%
Together, before fees−0.147%+ Points / potential airdropVariational Omni: Active · Aster: Stage 5 · farm board−$15 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.117% dearer against Variational Omni than usual: you sell high and buy low (spread +0.126% now, against its 7-day average of +0.010%): +$12 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni NATGAS2.98920.0831pay 0.0416% / 4h1h 46m$310K$446K
ShortAster NATGASUSDT2.99300.0769get 0.0384% / 4h1h 46m$265K$105K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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
−$13.12
Price spread: +0.126% → +0.010%
$11.66
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
−$9.46
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 38 min ago; Aster: live order book, 36 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 Variational Omni RFQ quote, 38 min ago4.49 bpdoesn't fit19.9 bp −$199doesn't fitdoesn't fit
Sell Aster live order book, 36 min ago5.01 bp15.1 bp −$1520.4 bp −$204doesn'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
Hotstuff NATGAS-PERP−0.0024%1h2.9916+0.079%$35K20xas long as short
gTrade (Gains Network) NATGAS/USDL 0.0000% / S 0.0000%1h2.8279−5.398%as long as short
SunX NATGAS-USDT0.0000%4h2.9931+0.129%$2K$2.6M20xas long as short
Lighter NATGAS+0.0032%1h2.9911+0.062%$618K$411K10xas long as short
Vest NG-PERP+0.0046%1h2.9910+0.059%$37810xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h2.9908+0.052%$5.9M$6.0M10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h2.9874−0.062%$84K$49K10xas long as short
Pacifica NATGAS+0.0100%1h2.9901+0.027%$68K$34K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h2.9900+0.025%$36K$216K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h2.9900+0.025%$3K$54410xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex NGUSDT+0.0100%4h2.9910+0.059%$1.5M$102K10xas long as short
Extended XNG-USD+0.0136%1h2.9900+0.024%$113K$1.2M5xas long as short
QFEX NATGAS-USD+0.0160%1h2.9910+0.059%$656K$86K20xas long as short
Paradex NG-USD-PERP+0.0178%8h2.9914+0.071%$5K5xas long as short
Gate NG_USDT+0.0226%8h2.9940+0.159%$1.5M$306K100xas long as short
OKX NG-USDT-SWAP+0.0403%8h2.9900+0.025%$897K$1.7M50xas long as short
KuCoin NATGASUSDTM+0.0412%4h2.9910+0.059%$1.0M$1.2M20xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0415% / S −0.0333%1h2.9915+0.075%$93K25xas long as short
BloFin NG-USDT+0.0425%8h2.9880−0.042%$84K$189K20xas long as short
Kraken Futures PF_NATGASUSD+0.0515%1h2.9935+0.141%$52K$49K20xas long as short
HTX NATGAS-USDT+0.0556%4h2.9923+0.102%$98K$217K75xas long as short
GRVT NATGAS_USDT_Perp+0.0762%4h2.9898+0.018%$13K$246K25xas long as short
Aster NATGASUSDTshort+0.0769%4h2.9930+0.126%$265K$105K50x
Variational Omni NATGASlong+0.0831%4h2.9892long leg$310K$446K
Binance NATGASUSDT+0.0837%4h2.9914+0.073%$10.1M$31.9M100xas long as short
edgeX NATGASUSDC+0.0897%4h2.9891−0.004%$85K$213K20xas long as short
Bitget NATGASUSDT+0.1058%4h2.9880−0.042%$10.0M$4.0M100xas long as short