Funding you earn now, next payment 03:00 UTC−0.0519%/8h= −56.8% APRpaid last 24h −0.093%
Price spread now: Ondo Perps against Binance−0.106%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.102%−$10 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Ondo Perps is 0.106% cheaper against Binance than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.102% in total (about -5.3% 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 | Binance NATGASUSDT | 3.0028 | 0.0569 | pay 0.0285% / 4h | 1h 30m | $10.2M | $29.0M | 100x |
| Short | Ondo Perps NATGAS-USD.P | 2.9996 | 0.0050 | get 0.0006% / 1h | 30m 36s | $82K | $26K | 10x |
Binance NATGASUSDT
Ondo Perps NATGAS-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Binance. 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
- −$108.92
- Price spread: −0.106% → 0.000%
- −$10.59
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$134.51
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 11 min ago; Ondo Perps: 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 Binance live order book, 11 min ago | 1.67 bp | 6.7 bp −$7 | 11.5 bp −$115 | 38.5 bp −$3,854 | 134.1 bp −$67.0K |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8445 | −5.271% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0041 | +0.044% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0019% | 1h | 3.0010 | −0.059% | $658K | $85K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0025 | −0.009% | $619K | $494K | 10x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0010 | −0.059% | — | $378 | 10x | as long as short |
| Ondo Perps NATGAS-USD.Pshort | +0.0050% | 1h | 2.9996 | −0.106% | $82K | $26K | 10x | |
| Extended XNG-USD | +0.0056% | 1h | 3.0003 | −0.082% | $110K | $444K | 5x | as long as short |
| Paradex NG-USD-PERP | +0.0064% | 8h | 3.0029 | +0.003% | $5K | — | 5x | as long as short |
| Hotstuff NATGAS-PERP | +0.0096% | 1h | 3.0011 | −0.056% | $35K | — | 20x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0020 | −0.025% | $68K | $33K | 10x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Vest NG-PERP
Extended XNG-USD
Paradex NG-USD-PERP
Hotstuff NATGAS-PERP
Pacifica NATGASShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.093% | $37K | $217K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.093% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0030 | +0.007% | $1.5M | $95K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0105% | 1h | 3.0011 | −0.056% | $6.0M | $5.9M | 10x | as long as short |
| HTX NATGAS-USDT | +0.0238% | 4h | 3.0040 | +0.041% | $101K | $214K | 75x | as long as short |
| KuCoin NATGASUSDTM | +0.0338% | 4h | 3.0020 | −0.026% | $1.0M | $1.1M | 20x | as long as short |
| Aster NATGASUSDT | +0.0352% | 4h | 3.0014 | −0.047% | $265K | $73K | 50x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0390% | 4h | 3.0017 | −0.037% | $12K | $214K | 25x | as long as short |
| BloFin NG-USDT | +0.0415% | 8h | 2.9990 | −0.126% | $81K | $188K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0420% | 8h | 3.0020 | −0.026% | $854K | $1.7M | 50x | as long as short |
| Gate NG_USDT | +0.0430% | 8h | 3.0060 | +0.107% | $1.5M | $209K | 100x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0433% / S −0.0371% | 1h | 3.0025 | −0.009% | $92K | — | 45x | as long as short |
| Variational Omni NATGAS | +0.0532% | 4h | 3.0019 | −0.030% | $311K | $444K | — | as long as short |
| edgeX NATGASUSDC | +0.0563% | 4h | 3.0011 | −0.055% | $85K | $213K | 20x | as long as short |
| Binance NATGASUSDTlong | +0.0569% | 4h | 3.0028 | long leg | $10.2M | $29.0M | 100x | |
| Bitget NATGASUSDT | +0.0940% | 4h | 3.0000 | −0.093% | $9.9M | $3.4M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1109% | 1h | 3.0035 | +0.025% | $54K | $36K | 20x | as long as short |
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
tradeXYZ xyz:NATGAS
HTX NATGAS-USDT
KuCoin NATGASUSDTM
Aster NATGASUSDT
GRVT NATGAS_USDT_Perp
BloFin NG-USDT
OKX NG-USDT-SWAP
Gate NG_USDT
GMX NATGAS/USD [ETH-USDC]
Variational Omni NATGAS
edgeX NATGASUSDC
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD