NATGAS

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0050%/8h= +5.4% APRnext payment +$0.06 per $10,000 · paid last 24h +0.009%

Price spread now: ApeX Omni against Ondo Perps−0.244%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Ondo Perps Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.023%−$2 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

Funding pays, the price is against you. ApeX Omni is 0.244% cheaper against Ondo Perps than usual: you would sell low and buy high (spread −0.244% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$24 on $10k: about 16 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps NATGAS-USD.P	2.9973	0.0050	pay 0.0006% / 1h	57m 30s	$84K	$28K	10x
Short	ApeX Omni NATGASUSDT	2.9900	0.0100	get 0.0013% / 1h	57m 30s	$36K	$214K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Ondo Perps. 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

Position, each leg$Hold fordaysFee Ondo PerpsbpFee ApeX OmnibpOrdersPrice spread, now −0.244%Rate

Funding earned: $10.42
Price spread: −0.244% → 0.000%: −$24.36
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$28.94
Costs to cover: 0.150%
Break-even: 26.4 days

Slippage unknown: Ondo Perps: no order-book sample; ApeX Omni: live order book, 34 min ago. 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 34 min ago	49.92 bp	90.8 bp −$91	317.1 bp −$3,171	doesn't fit	doesn't fit

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	2.8324	−5.502%	—	—	—	as long as short
SunX NATGAS-USDT	0.0000%	4h	2.9961	−0.040%	$2K	$2.1M	20x	as long as short
QFEX NATGAS-USD	+0.0024%	1h	2.9970	−0.010%	$660K	$98K	20x	as long as short
Lighter NATGAS	+0.0032%	1h	2.9968	−0.017%	$632K	$481K	10x	as long as short
Extended XNG-USD	+0.0032%	1h	2.9967	−0.021%	$112K	$259K	5x	as long as short
Vest NG-PERP	+0.0046%	1h	2.9970	−0.010%	—	$14K	10x	as long as short
Hotstuff NATGAS-PERP	+0.0048%	1h	2.9973	0.000%	$35K	—	20x	as long as short
tradeXYZ xyz:NATGAS	+0.0050%	1h	2.9961	−0.040%	$6.0M	$5.6M	10x	as long as short
Ondo Perps NATGAS-USD.Plong	+0.0050%	1h	2.9973	long leg	$84K	$28K	10x
HTX NATGAS-USDT	+0.0063%	4h	2.9946	−0.090%	$118K	$221K	75x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex NG-USD-PERP	+0.0076%	8h	2.9975	+0.008%	$5K	—	5x	as long as short
Pacifica NATGAS	+0.0100%	1h	2.9956	−0.057%	$70K	$33K	10x	as long as short
ApeX Omni NATGASUSDTshort	+0.0100%	1h	2.9900	−0.244%	$36K	$214K	50x
Orderly PERP_NATGAS_USDC_mythos	+0.0100%	8h	2.9900	−0.244%	$3K	$544	10x	as long as short
Phemex NGUSDT	+0.0100%	4h	2.9950	−0.077%	$1.5M	$92K	10x	as long as short
Aster NATGASUSDT	+0.0215%	4h	2.9950	−0.078%	$264K	$68K	50x	as long as short
KuCoin NATGASUSDTM	+0.0228%	4h	2.9960	−0.043%	$1.1M	$851K	20x	as long as short
Gate NG_USDT	+0.0247%	8h	2.9990	+0.057%	$1.5M	$198K	100x	as long as short
GRVT NATGAS_USDT_Perp	+0.0282%	4h	2.9946	−0.089%	$20K	$205K	25x	as long as short
Kraken Futures PF_NATGASUSD	+0.0298%	1h	2.9939	−0.113%	$53K	$45K	20x	as long as short
Variational Omni NATGAS	+0.0405%	4h	2.9949	−0.079%	$355K	$429K	—	as long as short
Binance NATGASUSDT	+0.0408%	4h	2.9960	−0.043%	$9.8M	$31.5M	100x	as long as short
edgeX NATGASUSDC	+0.0438%	4h	2.9959	−0.045%	$85K	$211K	20x	as long as short
OKX NG-USDT-SWAP	+0.0493%	8h	2.9940	−0.110%	$812K	$1.9M	50x	as long as short
BloFin NG-USDT	+0.0502%	8h	2.9950	−0.077%	$77K	$197K	20x	as long as short
GMX NATGAS/USD [ETH-USDC]	L +0.0586% / S −0.0602%	1h	2.9945	−0.093%	$88K	—	45x	as long as short
Bitget NATGASUSDT	+0.0856%	4h	2.9940	−0.110%	$9.9M	$3.0M	100x	as long as short