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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0128%/8h= +14.0% APRpaid last 24h +0.049%
Price spread now: KuCoin against Ondo Perps+0.053%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+0.051%+$5 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
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and KuCoin is 0.053% dearer against Ondo Perps than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps NATGAS-USD.P2.99540.0050pay 0.0006% / 1h9m 48s$84K$28K10x
ShortKuCoin NATGASUSDTM2.99700.0178get 0.0089% / 4h2h 09m$1.1M$816K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$26.8
Price spread: +0.053% → 0.000%
$5.34
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$15.14
Costs to cover
0.170%
Break-even
3.0 days
Slippage unknown: Ondo Perps: no order-book sample; KuCoin: live order book, 3 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 KuCoin live order book, 3 min ago1.67 bp24.1 bp −$24560.4 bp −$5,604doesn'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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff NATGAS-PERP−0.0088%1h2.9988+0.114%$35K20xas long as short
GRVT NATGAS_USDT_Perp0.0000%4h2.9960+0.021%$20K$208K25xas long as short
gTrade (Gains Network) NATGAS/USDL 0.0000% / S 0.0000%1h2.8356−5.335%as long as short
SunX NATGAS-USDT0.0000%4h2.9992+0.127%$2K$1.8M20xas long as short
HTX NATGAS-USDT0.0000%4h2.9990+0.120%$118K$221K75xas long as short
QFEX NATGAS-USD+0.0024%1h2.9970+0.053%$660K$98K20xas long as short
Lighter NATGAS+0.0032%1h2.9976+0.073%$681K$758K10xas long as short
Extended XNG-USD+0.0032%1h2.9977+0.076%$141K$349K5xas long as short
Aster NATGASUSDT+0.0040%4h2.9997+0.143%$258K$74K50xas long as short
Vest NG-PERP+0.0046%1h2.9990+0.120%$14K10xas long as short
Show all 27 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NATGAS+0.0050%1h2.9975+0.070%$6.0M$4.9M10xas long as short
Ondo Perps NATGAS-USD.Plong+0.0050%1h2.9954long leg$84K$28K10x
Paradex NG-USD-PERP+0.0052%8h2.9980+0.087%$5K5xas long as short
Pacifica NATGAS+0.0100%1h2.9968+0.047%$68K$39K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0000+0.154%$37K$214K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000+0.154%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h2.9970+0.053%$1.5M$92K10xas long as short
Variational Omni NATGAS+0.0176%4h2.9968+0.048%$355K$429Kas long as short
KuCoin NATGASUSDTMshort+0.0178%4h2.9970+0.053%$1.1M$816K20x
Binance NATGASUSDT+0.0224%4h2.9960+0.020%$9.7M$31.7M100xas long as short
edgeX NATGASUSDC+0.0269%4h2.9963+0.029%$85K$212K20xas long as short
Gate NG_USDT+0.0272%8h3.0000+0.154%$1.5M$205K100xas long as short
Kraken Futures PF_NATGASUSD+0.0298%1h2.9970+0.053%$54K$46K20xas long as short
OKX NG-USDT-SWAP+0.0401%8h2.9970+0.053%$836K$2.0M50xas long as short
BloFin NG-USDT+0.0418%8h2.9970+0.053%$77K$198K20xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0538% / S −0.0542%1h2.9975+0.070%$88K45xas long as short
Bitget NATGASUSDT+0.0756%4h2.9940−0.047%$9.9M$2.9M100xas long as short