Funding you earn now, next payment 04:00 UTC−0.0494%/8h= −54.1% APRpaid last 24h −0.068%
Price spread now: Orderly against Variational Omni−0.198%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Orderly is 0.198% cheaper against Variational Omni than usual: you would sell low and buy high (−$20 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni NATGAS | 3.0059 | 0.0594 | pay 0.0297% / 4h | 36m 21s | $312K | $444K | — |
| Short | Orderly PERP_NATGAS_USDC_mythos | 3.0000 | 0.0100 | get 0.0100% / 8h | 4h 36m | $3K | $544 | 10x |
Variational Omni NATGAS
Orderly PERP_NATGAS_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$103.74
- Price spread: −0.198% → 0.000%
- −$19.77
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$129.51
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 23 min ago; Orderly: no order-book sample. 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, 23 min ago | 4.48 bp | doesn't fit | 13.6 bp −$136 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
NATGAS on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0072 | +0.042% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0022% | 1h | 3.0040 | −0.065% | $659K | $85K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0050 | −0.031% | $619K | $494K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0037 | −0.076% | $110K | $434K | 5x | as long as short |
| Hotstuff NATGAS-PERP | +0.0040% | 1h | 3.0050 | −0.031% | $35K | — | 20x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0050 | −0.031% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0080 | +0.068% | $83K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0056% | 8h | 3.0056 | −0.012% | $5K | — | 5x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0045 | −0.048% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.198% | $37K | $216K | 50x | as long as short |
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
Hotstuff NATGAS-PERP
Vest NG-PERP
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
Pacifica NATGAS
ApeX Omni NATGASUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_NATGAS_USDC_mythosshort | +0.0100% | 8h | 3.0000 | −0.198% | $3K | $544 | 10x | |
| Phemex NGUSDT | +0.0100% | 4h | 3.0050 | −0.031% | $1.5M | $94K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0110% | 1h | 3.0051 | −0.028% | $6.0M | $5.9M | 10x | as long as short |
| HTX NATGAS-USDT | +0.0214% | 4h | 3.0073 | +0.045% | $105K | $212K | 75x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0344% | 4h | 3.0050 | −0.031% | $25K | $227K | 25x | as long as short |
| KuCoin NATGASUSDTM | +0.0368% | 4h | 3.0040 | −0.065% | $1.1M | $1.0M | 20x | as long as short |
| Aster NATGASUSDT | +0.0406% | 4h | 3.0041 | −0.060% | $266K | $73K | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0449% / S −0.0388% | 1h | 3.0055 | −0.015% | $92K | — | 45x | as long as short |
| Gate NG_USDT | +0.0455% | 8h | 3.0080 | +0.068% | $1.5M | $192K | 100x | as long as short |
| BloFin NG-USDT | +0.0466% | 8h | 3.0050 | −0.031% | $80K | $189K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0485% | 8h | 3.0050 | −0.031% | $855K | $1.7M | 50x | as long as short |
| Variational Omni NATGASlong | +0.0594% | 4h | 3.0059 | long leg | $312K | $444K | — | |
| edgeX NATGASUSDC | +0.0618% | 4h | 3.0060 | +0.001% | $85K | $212K | 20x | as long as short |
| Binance NATGASUSDT | +0.0622% | 4h | 3.0050 | −0.031% | $10.2M | $28.6M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0993% | 1h | 3.0065 | +0.017% | $54K | $34K | 20x | as long as short |
| Bitget NATGASUSDT | +0.1002% | 4h | 3.0020 | −0.131% | $9.9M | $3.3M | 100x | as long as short |
Phemex NGUSDT
tradeXYZ xyz:NATGAS
HTX NATGAS-USDT
GRVT NATGAS_USDT_Perp
KuCoin NATGASUSDTM
Aster NATGASUSDT
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
BloFin NG-USDT
OKX NG-USDT-SWAP
edgeX NATGASUSDC
Binance NATGASUSDT
Kraken Futures PF_NATGASUSD
Bitget NATGASUSDT