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−0.0015%/8h= −1.6% APRpaid last 24h −0.094%
Price spread now: Paradex against Variational Omni+0.012%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · Paradex: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: $0 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni NATGAS2.99510.0080pay 0.0040% / 4h12m 26s$311K$443K
ShortParadex NG-USD-PERP2.99540.0065get 0.0065% / 8h12m 26s$5K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
−$3.15
Price spread: +0.012% → 0.000%
$1.16
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$5.98
Costs to cover
0.040%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Paradex: 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
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 2 min ago4.49 bpdoesn't fit12.0 bp −$120doesn't fitdoesn't fit
Sell Paradex no order-book sample
Paradex: 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 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
GRVT NATGAS_USDT_Perp0.0000%4h2.9948−0.008%$13K$238K25xas long as short
gTrade (Gains Network) NATGAS/USDL 0.0000% / S 0.0000%1h2.8304−5.498%as long as short
SunX NATGAS-USDT0.0000%4h2.9972+0.071%$2K$2.6M20xas long as short
HTX NATGAS-USDT0.0000%4h2.9987+0.121%$98K$212K75xas long as short
QFEX NATGAS-USD+0.0030%1h2.9950−0.002%$657K$86K20xas long as short
Lighter NATGAS+0.0032%1h2.9968+0.058%$616K$419K10xas long as short
Extended XNG-USD+0.0032%1h2.9943−0.024%$110K$453K5xas long as short
Aster NATGASUSDT+0.0033%4h2.9960+0.031%$265K$73K50xas long as short
Vest NG-PERP+0.0046%1h2.9960+0.031%$37810xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h2.9947−0.012%$5.9M$6.0M10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps NATGAS-USD.P+0.0050%1h2.9973+0.075%$84K$43K10xas long as short
Paradex NG-USD-PERPshort+0.0065%8h2.9954+0.012%$5K5x
Variational Omni NATGASlong+0.0080%4h2.9951long leg$311K$443K
Hotstuff NATGAS-PERP+0.0080%1h2.9950−0.002%$35K20xas long as short
Pacifica NATGAS+0.0100%1h2.9951+0.002%$68K$33K10xas long as short
KuCoin NATGASUSDTM+0.0100%4h2.9950−0.002%$1.0M$1.2M20xas long as short
ApeX Omni NATGASUSDT+0.0100%1h2.9900−0.169%$36K$217K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000+0.165%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h2.9960+0.031%$1.5M$97K10xas long as short
OKX NG-USDT-SWAP+0.0121%8h2.9950−0.002%$856K$1.7M50xas long as short
BloFin NG-USDT+0.0151%8h2.9960+0.031%$80K$189K20xas long as short
Binance NATGASUSDT+0.0160%4h2.9952+0.005%$10.1M$29.9M100xas long as short
Gate NG_USDT+0.0166%8h2.9970+0.065%$1.5M$285K100xas long as short
edgeX NATGASUSDC+0.0204%4h2.99510.000%$85K$213K20xas long as short
Bitget NATGASUSDT+0.0254%4h2.9930−0.069%$10.0M$3.7M100xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0406% / S −0.0333%1h2.9955+0.015%$93K45xas long as short
Kraken Futures PF_NATGASUSD+0.1217%1h2.9965+0.046%$52K$39K20xas long as short