Funding you earn now, next payment 06:00 UTC−0.0592%/8h= −64.9% APRpaid last 24h −0.070%
Price spread now: Ondo Perps against BloFin−0.027%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−0.202%−$20 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 −$18 a day on $10k at the current rate, and Ondo Perps is 0.027% cheaper against BloFin than usual: you would sell low and buy high (−$3 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 -0.202% in total (about -10.5% 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 | BloFin NG-USDT | 3.0050 | 0.0643 | pay 0.0643% / 8h | 2h 46m | $82K | $195K | 20x |
| Short | Ondo Perps NATGAS-USD.P | 3.0042 | 0.0050 | get 0.0006% / 1h | 46m 11s | $82K | $26K | 10x |
BloFin NG-USDT
Ondo Perps NATGAS-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against BloFin. 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
- −$124.38
- Price spread: −0.027% → 0.000%
- −$2.66
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$144.04
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 34 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 BloFin live order book, 34 min ago | 1.66 bp | 12.3 bp −$12 | 15.0 bp −$150 | 72.5 bp −$7,247 | doesn't fit |
| 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 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 | +0.073% | $2K | $2.4M | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0052 | +0.007% | $629K | $503K | 10x | as long as short |
| QFEX NATGAS-USD | +0.0033% | 1h | 3.0050 | 0.000% | $660K | $96K | 20x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0050 | 0.000% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.Pshort | +0.0050% | 1h | 3.0042 | −0.027% | $82K | $26K | 10x | |
| Extended XNG-USD | +0.0064% | 1h | 3.0050 | +0.002% | $110K | $364K | 5x | as long as short |
| Paradex NG-USD-PERP | +0.0081% | 8h | 3.0070 | +0.067% | $5K | — | 5x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0034 | −0.053% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0100 | +0.166% | $37K | $219K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.166% | $3K | $544 | 10x | as long as short |
SunX NATGAS-USDT
Lighter NATGAS
QFEX NATGAS-USD
Vest NG-PERP
Extended XNG-USD
Paradex NG-USD-PERP
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythosShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex NGUSDT | +0.0100% | 4h | 3.0060 | +0.033% | $1.5M | $92K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0131% | 1h | 3.0059 | +0.030% | $6.0M | $5.6M | 10x | as long as short |
| Hotstuff NATGAS-PERP | +0.0200% | 1h | 3.0062 | +0.040% | $35K | — | 20x | as long as short |
| HTX NATGAS-USDT | +0.0375% | 4h | 3.0071 | +0.070% | $107K | $212K | 75x | as long as short |
| KuCoin NATGASUSDTM | +0.0380% | 4h | 3.0050 | 0.000% | $1.0M | $974K | 20x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0426% | 4h | 3.0042 | −0.028% | $13K | $224K | 25x | as long as short |
| Aster NATGASUSDT | +0.0432% | 4h | 3.0060 | +0.033% | $264K | $74K | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0503% / S −0.0448% | 1h | 3.0055 | +0.017% | $92K | — | 45x | as long as short |
| Gate NG_USDT | +0.0577% | 8h | 3.0100 | +0.166% | $1.5M | $193K | 100x | as long as short |
| Variational Omni NATGAS | +0.0637% | 4h | 3.0050 | −0.001% | $317K | $449K | — | as long as short |
| OKX NG-USDT-SWAP | +0.0642% | 8h | 3.0060 | +0.033% | $869K | $1.7M | 50x | as long as short |
| BloFin NG-USDTlong | +0.0643% | 8h | 3.0050 | long leg | $82K | $195K | 20x | |
| Binance NATGASUSDT | +0.0666% | 4h | 3.0058 | +0.026% | $10.3M | $28.2M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0689% | 4h | 3.0051 | +0.003% | $85K | $213K | 20x | as long as short |
| Bitget NATGASUSDT | +0.1032% | 4h | 3.0030 | −0.067% | $9.9M | $3.2M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1182% | 1h | 3.0059 | +0.030% | $56K | $35K | 20x | as long as short |
Phemex NGUSDT
tradeXYZ xyz:NATGAS
Hotstuff NATGAS-PERP
HTX NATGAS-USDT
KuCoin NATGASUSDTM
GRVT NATGAS_USDT_Perp
Aster NATGASUSDT
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
Variational Omni NATGAS
OKX NG-USDT-SWAP
Binance NATGASUSDT
edgeX NATGASUSDC
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD