Funding you earn now, next payment 01:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.001%
Price spread now: Ondo Perps against Hotstuff+0.093%7-day average — · you sell dearer than you buy
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 airdropHotstuff: Active · Ondo Perps: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Ondo Perps is 0.093% dearer against Hotstuff than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff NATGAS-PERP | 3.0018 | 0 | get 0.0000% / 1h | 25m 55s | $35K | — | 20x |
| Short | Ondo Perps NATGAS-USD.P | 3.0046 | 0.0050 | get 0.0006% / 1h | 25m 55s | $84K | $27K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Hotstuff. 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
- $10.58
- Price spread: +0.093% → 0.000%
- $9.33
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- $9.91
- Costs to cover
- 0.100%
- Break-even
- 0.4 days
Slippage unknown: Hotstuff: no order-book sample; 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 Hotstuff no order-book sample | — | — | — | — | — |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Hotstuff and 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff NATGAS-PERPlong | 0.0000% | 1h | 3.0018 | long leg | $35K | — | 20x | |
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8384 | −5.443% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0052 | +0.113% | $2K | $2.6M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0015% | 1h | 3.0020 | +0.007% | $659K | $85K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0032 | +0.047% | $617K | $414K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0017 | −0.005% | $112K | $452K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0020 | +0.007% | — | $378 | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0016 | −0.007% | $5.9M | $6.0M | 10x | as long as short |
| Ondo Perps NATGAS-USD.Pshort | +0.0050% | 1h | 3.0046 | +0.093% | $84K | $27K | 10x | |
| Paradex NG-USD-PERP | +0.0055% | 8h | 3.0032 | +0.048% | $5K | — | 5x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster NATGASUSDT | +0.0075% | 4h | 3.0030 | +0.040% | $266K | $73K | 50x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0000 | −0.060% | $68K | $33K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0100% | 4h | 3.0010 | −0.027% | $1.0M | $1.1M | 20x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.060% | $37K | $216K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.060% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0040 | +0.073% | $1.5M | $95K | 10x | as long as short |
| Variational Omni NATGAS | +0.0154% | 4h | 3.0030 | +0.040% | $312K | $443K | — | as long as short |
| BloFin NG-USDT | +0.0196% | 8h | 2.9990 | −0.093% | $80K | $189K | 20x | as long as short |
| HTX NATGAS-USDT | +0.0215% | 4h | 3.0042 | +0.080% | $98K | $211K | 75x | as long as short |
| OKX NG-USDT-SWAP | +0.0215% | 8h | 3.0020 | +0.007% | $863K | $1.7M | 50x | as long as short |
| Binance NATGASUSDT | +0.0241% | 4h | 3.0038 | +0.067% | $10.1M | $29.5M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0245% | 4h | 3.0020 | +0.008% | $85K | $211K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0320% | 4h | 2.9990 | −0.093% | $10.0M | $3.5M | 100x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0380% | 4h | 3.0011 | −0.024% | $25K | $214K | 25x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0409% / S −0.0345% | 1h | 3.0035 | +0.057% | $92K | — | 45x | as long as short |
| Gate NG_USDT | +0.0492% | 8h | 3.0040 | +0.073% | $1.5M | $255K | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1001% | 1h | 3.0038 | +0.068% | $52K | $36K | 20x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
Lighter NATGAS
Extended XNG-USD
tradeXYZ xyz:NATGAS
Paradex NG-USD-PERP
Aster NATGASUSDT
Pacifica NATGAS
KuCoin NATGASUSDTM
ApeX Omni NATGASUSDT
Phemex NGUSDT
Variational Omni NATGAS
BloFin NG-USDT
HTX NATGAS-USDT
OKX NG-USDT-SWAP
Binance NATGASUSDT
edgeX NATGASUSDC
Bitget NATGASUSDT
GRVT NATGAS_USDT_Perp
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
Kraken Futures PF_NATGASUSD