Funding you earn now, next payment 00:00 UTC+0.0346%/8h= +37.8% APRpaid last 24h +0.106%
Price spread now: edgeX against Ondo Perps+0.038%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.142%+$14 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropOndo Perps: Active · edgeX: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and edgeX is 0.038% dearer against Ondo Perps than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.142% in total (about 7.4% 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 | Ondo Perps NATGAS-USD.P | 2.9920 | 0.0050 | pay 0.0006% / 1h | 41m 00s | $84K | $43K | 10x |
| Short | edgeX NATGASUSDC | 2.9931 | 0.0396 | get 0.0198% / 4h | 41m 00s | $85K | $213K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $72.57
- Price spread: +0.038% → 0.000%
- $3.76
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $62.33
- Costs to cover
- 0.140%
- Break-even
- 1.0 days
Slippage unknown: Ondo Perps: no order-book sample; edgeX: live order book, 36 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 edgeX live order book, 36 min ago | 13.37 bp | 21.1 bp −$21 | 28.3 bp −$283 | 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 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 | 2.9951 | +0.104% | $2K | $2.6M | 20x | as long as short |
| HTX NATGAS-USDT | 0.0000% | 4h | 2.9955 | +0.117% | $98K | $214K | 75x | as long as short |
| QFEX NATGAS-USD | +0.0030% | 1h | 2.9920 | 0.000% | $657K | $86K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 2.9946 | +0.087% | $619K | $416K | 10x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 2.9930 | +0.033% | — | $378 | 10x | as long as short |
| Hotstuff NATGAS-PERP | +0.0048% | 1h | 2.9928 | +0.027% | $35K | — | 20x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 2.9928 | +0.027% | $5.9M | $6.0M | 10x | as long as short |
| Ondo Perps NATGAS-USD.Plong | +0.0050% | 1h | 2.9920 | long leg | $84K | $43K | 10x | |
| Paradex NG-USD-PERP | +0.0079% | 8h | 2.9932 | +0.040% | $5K | — | 5x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0092% | 4h | 2.9930 | +0.032% | $13K | $238K | 25x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGAS | +0.0100% | 1h | 2.9927 | +0.022% | $68K | $33K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0100% | 4h | 2.9930 | +0.033% | $1.0M | $1.2M | 20x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 2.9900 | −0.067% | $36K | $217K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 2.9900 | −0.067% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 2.9940 | +0.067% | $1.5M | $98K | 10x | as long as short |
| Extended XNG-USD | +0.0136% | 1h | 2.9921 | +0.005% | $110K | $471K | 5x | as long as short |
| Gate NG_USDT | +0.0195% | 8h | 2.9960 | +0.134% | $1.5M | $284K | 100x | as long as short |
| OKX NG-USDT-SWAP | +0.0207% | 8h | 2.9930 | +0.033% | $857K | $1.7M | 50x | as long as short |
| BloFin NG-USDT | +0.0228% | 8h | 2.9930 | +0.033% | $80K | $189K | 20x | as long as short |
| Aster NATGASUSDT | +0.0239% | 4h | 2.9945 | +0.082% | $265K | $105K | 50x | as long as short |
| Variational Omni NATGAS | +0.0298% | 4h | 2.9931 | +0.038% | $311K | $443K | — | as long as short |
| Binance NATGASUSDT | +0.0353% | 4h | 2.9938 | +0.060% | $10.1M | $30.3M | 100x | as long as short |
| edgeX NATGASUSDCshort | +0.0396% | 4h | 2.9931 | +0.038% | $85K | $213K | 20x | |
| GMX NATGAS/USD [ETH-USDC] | L +0.0405% / S −0.0333% | 1h | 2.9935 | +0.050% | $93K | — | 45x | as long as short |
| Bitget NATGASUSDT | +0.0456% | 4h | 2.9900 | −0.067% | $10.0M | $3.9M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1218% | 1h | 2.9949 | +0.098% | $52K | $39K | 20x | as long as short |
edgeX NATGASUSDC
SunX NATGAS-USDT
HTX NATGAS-USDT
Lighter NATGAS
tradeXYZ xyz:NATGAS
Paradex NG-USD-PERP
GRVT NATGAS_USDT_Perp
Pacifica NATGAS
KuCoin NATGASUSDTM
ApeX Omni NATGASUSDT
Phemex NGUSDT
Extended XNG-USD
Gate NG_USDT
OKX NG-USDT-SWAP
BloFin NG-USDT
Aster NATGASUSDT
Variational Omni NATGAS
Binance NATGASUSDT
GMX NATGAS/USD [ETH-USDC]
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD