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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0051%/8h= −5.5% APRnext payment $0.06 per $10,000 · paid last 24h −0.021%
Price spread now: gTrade (Gains Network) against Ondo Perps−5.351%7-day average · you buy dearer than you sell
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 1 day (all we have)no history yet
Price spread, last 7 daysno 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 −$2 a day on $10k at the current rate, and gTrade (Gains Network) is 5.351% cheaper against Ondo Perps than usual: you would sell low and buy high (−$535 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps NATGAS-USD.P3.00700.0050pay 0.0006% / 1h24m 07s$83K$26K10x
ShortgTrade (Gains Network) NATGAS/USD2.8461L 0.0000% / S 0.0000%pay 0.0000% / 1h24m 07s

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
−$10.62
Price spread: −5.351% → 0.000%
−$535.08
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$560.71
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; gTrade (Gains Network): 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
LegHalf-spread$10k$100k$1M$5M
Buy Ondo Perps no order-book sample
Sell gTrade (Gains Network) no order-book sample
Ondo Perps and gTrade (Gains Network): 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/USDshortL 0.0000% / S 0.0000%1h2.8461−5.351%
SunX NATGAS-USDT0.0000%4h3.0082+0.040%$2K$2.4M20xas long as short
Lighter NATGAS+0.0032%1h3.0067−0.010%$629K$504K10xas long as short
Extended XNG-USD+0.0032%1h3.0057−0.043%$110K$334K5xas long as short
QFEX NATGAS-USD+0.0033%1h3.0060−0.033%$660K$96K20xas long as short
Vest NG-PERP+0.0046%1h3.0060−0.033%$14K10xas long as short
Hotstuff NATGAS-PERP+0.0048%1h3.0062−0.027%$35K20xas long as short
Ondo Perps NATGAS-USD.Plong+0.0050%1h3.0070long leg$83K$26K10x
Paradex NG-USD-PERP+0.0069%8h3.0074+0.014%$5K5xas long as short
tradeXYZ xyz:NATGAS+0.0071%1h3.0058−0.040%$6.0M$5.6M10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NATGAS+0.0100%1h3.0047−0.076%$68K$33K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.233%$37K$218K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.233%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0060−0.033%$1.5M$93K10xas long as short
HTX NATGAS-USDT+0.0211%4h3.0073+0.010%$107K$212K75xas long as short
GRVT NATGAS_USDT_Perp+0.0240%4h3.0041−0.098%$13K$212K25xas long as short
KuCoin NATGASUSDTM+0.0354%4h3.0040−0.100%$1.0M$957K20xas long as short
Aster NATGASUSDT+0.0386%4h3.0080+0.032%$264K$75K50xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0521% / S −0.0467%1h3.0065−0.017%$92K45xas long as short
Variational Omni NATGAS+0.0592%4h3.0050−0.066%$317K$432Kas long as short
Gate NG_USDT+0.0596%8h3.0090+0.067%$1.5M$195K100xas long as short
Binance NATGASUSDT+0.0617%4h3.0065−0.018%$10.3M$28.3M100xas long as short
edgeX NATGASUSDC+0.0638%4h3.0050−0.067%$85K$212K20xas long as short
BloFin NG-USDT+0.0644%8h3.0040−0.100%$82K$195K20xas long as short
OKX NG-USDT-SWAP+0.0656%8h3.0050−0.067%$867K$1.7M50xas long as short
Bitget NATGASUSDT+0.1016%4h3.0040−0.100%$9.9M$3.2M100xas long as short
Kraken Futures PF_NATGASUSD+0.1181%1h3.0086+0.053%$56K$35K20xas long as short