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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.002%
Price spread now: HTX against Ondo Perps+0.047%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−0.196%−$20 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 pays, funding is against you. HTX is 0.047% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.047% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps NATGAS-USD.P2.99730.0050pay 0.0006% / 1h13m 53s$84K$43K10x
ShortHTX NATGAS-USDT2.99870get 0.0000% / 4h13m 53s$98K$212K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$10.58
Price spread: +0.047% → 0.000%
$4.67
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee HTX: 6 bp × 2 orders
−$12
Net
−$22.91
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; HTX: live order book, 62 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 HTX live order book, 62 min ago4.17 bp10.5 bp −$1018.7 bp −$187doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT NATGAS_USDT_Perp0.0000%4h2.9948−0.083%$13K$238K25xas long as short
gTrade (Gains Network) NATGAS/USDL 0.0000% / S 0.0000%1h2.8305−5.565%as long as short
SunX NATGAS-USDT0.0000%4h2.9972−0.003%$2K$2.6M20xas long as short
HTX NATGAS-USDTshort0.0000%4h2.9987+0.047%$98K$212K75x
QFEX NATGAS-USD+0.0030%1h2.9950−0.077%$657K$86K20xas long as short
Lighter NATGAS+0.0032%1h2.9968−0.017%$616K$419K10xas long as short
Extended XNG-USD+0.0040%1h2.9943−0.099%$110K$453K5xas long as short
Vest NG-PERP+0.0046%1h2.9960−0.043%$37810xas long as short
Aster NATGASUSDT+0.0050%4h2.9960−0.043%$265K$73K50xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h2.9947−0.087%$5.9M$6.0M10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps NATGAS-USD.Plong+0.0050%1h2.9973long leg$84K$43K10x
Paradex NG-USD-PERP+0.0065%8h2.9954−0.063%$5K5xas long as short
Hotstuff NATGAS-PERP+0.0072%1h2.9951−0.073%$35K20xas long as short
Variational Omni NATGAS+0.0080%4h2.9951−0.075%$311K$443Kas long as short
Pacifica NATGAS+0.0100%1h2.9948−0.084%$68K$33K10xas long as short
KuCoin NATGASUSDTM+0.0100%4h2.9950−0.077%$1.0M$1.2M20xas long as short
ApeX Omni NATGASUSDT+0.0100%1h2.9900−0.244%$36K$217K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000+0.090%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h2.9950−0.077%$1.5M$97K10xas long as short
OKX NG-USDT-SWAP+0.0124%8h2.9960−0.043%$856K$1.7M50xas long as short
BloFin NG-USDT+0.0157%8h2.9960−0.043%$80K$189K20xas long as short
Gate NG_USDT+0.0169%8h2.9980+0.023%$1.5M$285K100xas long as short
Binance NATGASUSDT+0.0175%4h2.9956−0.057%$10.1M$29.9M100xas long as short
edgeX NATGASUSDC+0.0208%4h2.9951−0.075%$85K$213K20xas long as short
Bitget NATGASUSDT+0.0266%4h2.9930−0.143%$10.0M$3.7M100xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0406% / S −0.0333%1h2.9955−0.060%$93K45xas long as short
Kraken Futures PF_NATGASUSD+0.1217%1h2.9968−0.017%$52K$39K20xas long as short