Funding you earn now, next payment 08:00 UTC+0.0220%/8h= +24.1% APRpaid last 24h −0.021%
Price spread now: OKX against Variational Omni−0.064%7-day average −0.041% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.173%+$17 · spread now −0.064%, 7d avg −0.041%
=Together, before fees+0.169%+ Points / potential airdropVariational Omni: Active · farm board+$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. OKX is 0.023% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.064% now, against its 7-day average of −0.041%). If the spread goes back, that is −$2 on $10k: about 8 hours of funding at the current rate (+$7 a day).
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.004% in total (about -0.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni NATGAS | 3.0069 | 0.0402 | pay 0.0201% / 4h | 33m 46s | $319K | $390K | — |
| Short | OKX NG-USDT-SWAP | 3.0050 | 0.0622 | get 0.0622% / 8h | 33m 46s | $854K | $1.8M | 50x |
Variational Omni NATGAS
OKX NG-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $46.19
- Price spread: −0.064% → −0.041%
- −$2.3
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $33.89
- Costs to cover
- 0.100%
- Break-even
- 1.9 days
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; OKX: live order book, 3 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 Variational Omni RFQ quote, 5 min ago | 4.49 bp | doesn't fit | 12.1 bp −$121 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 3.33 bp | 8.3 bp −$8 | 21.6 bp −$216 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff NATGAS-PERP | −0.0072% | 1h | 3.0070 | +0.003% | $35K | — | 20x | as long as short |
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8439 | −5.421% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0082 | +0.043% | $2K | $2.4M | 20x | as long as short |
| HTX NATGAS-USDT | 0.0000% | 4h | 3.0076 | +0.023% | $117K | $216K | 75x | as long as short |
| QFEX NATGAS-USD | +0.0004% | 1h | 3.0050 | −0.064% | $660K | $96K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0078 | +0.029% | $631K | $494K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0067 | −0.006% | $111K | $271K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0070 | +0.003% | — | $14K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0076 | +0.023% | $6.0M | $5.2M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0081 | +0.039% | $83K | $26K | 10x | as long as short |
Hotstuff NATGAS-PERP
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
HTX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
Vest NG-PERP
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.PShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex NG-USD-PERP | +0.0051% | 8h | 3.0074 | +0.015% | $5K | — | 5x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0084% | 4h | 3.0039 | −0.099% | $15K | $222K | 25x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0064 | −0.018% | $70K | $32K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0100 | +0.103% | $37K | $216K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.230% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0080 | +0.036% | $1.5M | $91K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0170% | 4h | 3.0060 | −0.030% | $1.0M | $886K | 20x | as long as short |
| Aster NATGASUSDT | +0.0185% | 4h | 3.0066 | −0.009% | $265K | $65K | 50x | as long as short |
| Variational Omni NATGASlong | +0.0402% | 4h | 3.0069 | long leg | $319K | $390K | — | |
| Binance NATGASUSDT | +0.0421% | 4h | 3.0070 | +0.003% | $10.4M | $28.5M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0441% | 4h | 3.0054 | −0.050% | $85K | $212K | 20x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0577% / S −0.0588% | 1h | 3.0075 | +0.019% | $88K | — | 45x | as long as short |
| Gate NG_USDT | +0.0579% | 8h | 3.0090 | +0.069% | $1.5M | $195K | 100x | as long as short |
| OKX NG-USDT-SWAPshort | +0.0622% | 8h | 3.0050 | −0.064% | $854K | $1.8M | 50x | |
| BloFin NG-USDT | +0.0643% | 8h | 3.0060 | −0.030% | $82K | $198K | 20x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0861% | 1h | 3.0082 | +0.042% | $56K | $36K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0870% | 4h | 3.0040 | −0.097% | $9.9M | $3.0M | 100x | as long as short |
Paradex NG-USD-PERP
GRVT NATGAS_USDT_Perp
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
KuCoin NATGASUSDTM
Aster NATGASUSDT
Binance NATGASUSDT
edgeX NATGASUSDC
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
BloFin NG-USDT
Kraken Futures PF_NATGASUSD
Bitget NATGASUSDT