Settings8H · net · $10k
Funding arb · Price arb /

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0485%/8h= +53.1% APRpaid last 24h +0.107%
Price spread now: Binance against Ondo Perps0.000%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 7 days+0.131%+$13 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: 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: +$15 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.131% in total (about 6.8% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps NATGAS-USD.P3.00600.0050pay 0.0006% / 1h46m 10s$83K$26K10x
ShortBinance NATGASUSDT3.00600.0536get 0.0268% / 4h1h 46m$10.3M$28.6M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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

Funding earned
$101.91
Price spread: 0.000% → 0.000%
$0
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Binance: 5 bp × 2 orders
−$10
Net
$86.91
Costs to cover
0.150%
Break-even
1.0 days
Slippage unknown: Ondo Perps: no order-book sample; Binance: live order book, 10 min ago. 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 Ondo Perps no order-book sample
Sell Binance live order book, 10 min ago1.66 bp6.7 bp −$710.8 bp −$10836.9 bp −$3,694129.7 bp −$64.9K
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) NATGAS/USDL 0.0000% / S 0.0000%1h2.8441−5.386%as long as short
SunX NATGAS-USDT0.0000%4h3.0046−0.047%$2K$2.4M20xas long as short
QFEX NATGAS-USD+0.0002%1h3.0070+0.033%$660K$96K20xas long as short
Lighter NATGAS+0.0032%1h3.0056−0.013%$629K$501K10xas long as short
Extended XNG-USD+0.0032%1h3.0046−0.046%$111K$332K5xas long as short
HTX NATGAS-USDT+0.0033%4h3.0087+0.090%$107K$207K75xas long as short
Vest NG-PERP+0.0046%1h3.0070+0.033%$14K10xas long as short
Ondo Perps NATGAS-USD.Plong+0.0050%1h3.0060long leg$83K$26K10x
Paradex NG-USD-PERP+0.0058%8h3.0088+0.092%$5K5xas long as short
tradeXYZ xyz:NATGAS+0.0066%1h3.0053−0.023%$6.0M$5.5M10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NATGAS+0.0100%1h3.0047−0.042%$68K$33K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.200%$37K$216K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0100+0.133%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.00600.000%$1.5M$93K10xas long as short
Hotstuff NATGAS-PERP+0.0120%1h3.0072+0.040%$35K20xas long as short
GRVT NATGAS_USDT_Perp+0.0128%4h3.0094+0.114%$22K$210K25xas long as short
KuCoin NATGASUSDTM+0.0280%4h3.0050−0.033%$1.0M$933K20xas long as short
Aster NATGASUSDT+0.0295%4h3.0074+0.046%$265K$70K50xas long as short
Variational Omni NATGAS+0.0521%4h3.0090+0.100%$318K$432Kas long as short
Binance NATGASUSDTshort+0.0536%4h3.00600.000%$10.3M$28.6M100x
GMX NATGAS/USD [ETH-USDC]L +0.0543% / S −0.0546%1h3.0075+0.050%$88K45xas long as short
edgeX NATGASUSDC+0.0551%4h3.0073+0.044%$85K$213K20xas long as short
Gate NG_USDT+0.0633%8h3.0090+0.100%$1.5M$195K100xas long as short
OKX NG-USDT-SWAP+0.0651%8h3.0050−0.033%$871K$1.8M50xas long as short
BloFin NG-USDT+0.0680%8h3.0070+0.033%$82K$195K20xas long as short
Bitget NATGASUSDT+0.0962%4h3.0030−0.100%$9.9M$3.1M100xas long as short
Kraken Futures PF_NATGASUSD+0.0986%1h3.0085+0.083%$56K$35K20xas long as short