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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0244%/8h= −26.7% APRnext payment $1.22 per $10,000 · paid last 24h −0.074%
Price spread now: HTX against Variational Omni+0.106%7-day average +0.047% · 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)−0.102%−$10 on $10k
Price spread, last 3 days (all we have)−0.039%−$4 · spread now +0.106%, 7d avg +0.047%
Together, before fees−0.141%+ Points / potential airdropVariational Omni: Active · farm board−$14 on $10k · with fees, hour by hour
The price spread pays, funding is against you. HTX is 0.059% dearer against Variational Omni than usual: you sell high and buy low (spread +0.106% now, against its 7-day average of +0.047%): +$6 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 19 hours. At the pace of the last 3 days (−0.102% in total) that is about 47 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni NATGAS3.00090.0459pay 0.0230% / 4h1h 48m$311K$444K
ShortHTX NATGAS-USDT3.00410.0216get 0.0108% / 4h1h 48m$98K$212K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$51.19
Price spread: +0.106% → +0.047%
$5.87
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee HTX: 6 bp × 2 orders
−$12
Net
−$57.32
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 15 min ago; HTX: live order book, 13 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, 15 min ago4.50 bpdoesn't fit11.3 bp −$113doesn't fitdoesn't fit
Sell HTX live order book, 13 min ago4.16 bp10.5 bp −$1019.4 bp −$194doesn'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
gTrade (Gains Network) NATGAS/USDL 0.0000% / S 0.0000%1h2.8385−5.412%as long as short
SunX NATGAS-USDT0.0000%4h3.0041+0.106%$2K$2.4M20xas long as short
QFEX NATGAS-USD+0.0019%1h3.0020+0.036%$659K$85K20xas long as short
Lighter NATGAS+0.0032%1h3.0026+0.056%$619K$445K10xas long as short
Extended XNG-USD+0.0032%1h3.0001−0.026%$110K$442K5xas long as short
Vest NG-PERP+0.0046%1h3.0010+0.003%$37810xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0031+0.073%$82K$26K10xas long as short
Paradex NG-USD-PERP+0.0063%8h3.0029+0.067%$5K5xas long as short
tradeXYZ xyz:NATGAS+0.0065%1h3.00090.000%$5.9M$5.9M10xas long as short
Pacifica NATGAS+0.0100%1h2.9998−0.037%$68K$33K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.030%$37K$218K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.030%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0030+0.069%$1.5M$95K10xas long as short
HTX NATGAS-USDTshort+0.0216%4h3.0041+0.106%$98K$212K75x
KuCoin NATGASUSDTM+0.0268%4h3.0010+0.003%$1.0M$1.1M20xas long as short
Hotstuff NATGAS-PERP+0.0272%1h3.0023+0.046%$35K20xas long as short
Aster NATGASUSDT+0.0287%4h3.0011+0.005%$265K$73K50xas long as short
GRVT NATGAS_USDT_Perp+0.0364%4h3.0010+0.003%$12K$214K25xas long as short
OKX NG-USDT-SWAP+0.0387%8h3.0020+0.036%$862K$1.7M50xas long as short
Gate NG_USDT+0.0404%8h3.0050+0.136%$1.5M$208K100xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0427% / S −0.0365%1h3.0025+0.053%$92K45xas long as short
Variational Omni NATGASlong+0.0459%4h3.0009long leg$311K$444K
Binance NATGASUSDT+0.0505%4h3.0020+0.036%$10.2M$28.9M100xas long as short
edgeX NATGASUSDC+0.0510%4h3.0010+0.003%$85K$212K20xas long as short
Bitget NATGASUSDT+0.0826%4h3.0000−0.030%$9.9M$3.4M100xas long as short
Kraken Futures PF_NATGASUSD+0.1109%1h3.0034+0.082%$54K$36K20xas long as short