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+0.0018%/8h= +2.0% APRpaid last 24h −0.005%
Price spread now: Paradex against Ondo Perps+0.014%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 4 days (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 · Paradex: 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: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps NATGAS-USD.P3.00700.0050pay 0.0006% / 1h24m 47s$83K$26K10x
ShortParadex NG-USD-PERP3.00740.0069get 0.0069% / 8h2h 24m$5K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
$3.82
Price spread: +0.014% → 0.000%
$1.43
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$3.75
Costs to cover
0.090%
Break-even
13.9 days
Slippage unknown: Ondo Perps: no order-book sample; Paradex: 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 Paradex no order-book sample
Ondo Perps and Paradex: 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%1h2.8456−5.367%as long as short
SunX NATGAS-USDT0.0000%4h3.0072+0.007%$2K$2.4M20xas long as short
Lighter NATGAS+0.0032%1h3.0059−0.037%$629K$504K10xas long as short
Extended XNG-USD+0.0032%1h3.0049−0.071%$110K$334K5xas long as short
QFEX NATGAS-USD+0.0033%1h3.0050−0.067%$660K$96K20xas long as short
Vest NG-PERP+0.0046%1h3.0050−0.067%$14K10xas long as short
Ondo Perps NATGAS-USD.Plong+0.0050%1h3.0070long leg$83K$26K10x
Paradex NG-USD-PERPshort+0.0069%8h3.0074+0.014%$5K5x
tradeXYZ xyz:NATGAS+0.0071%1h3.0055−0.050%$6.0M$5.6M10xas long as short
Pacifica NATGAS+0.0100%1h3.0047−0.076%$68K$33K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
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%4h3.0050−0.067%$1.5M$93K10xas long as short
Hotstuff NATGAS-PERP+0.0104%1h3.0055−0.050%$35K20xas long as short
HTX NATGAS-USDT+0.0216%4h3.00700.000%$107K$212K75xas long as short
GRVT NATGAS_USDT_Perp+0.0240%4h3.0041−0.098%$13K$212K25xas long as short
KuCoin NATGASUSDTM+0.0356%4h3.0040−0.100%$1.0M$958K20xas long as short
Aster NATGASUSDT+0.0386%4h3.0080+0.032%$264K$75K50xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0520% / S −0.0467%1h3.0055−0.050%$92K45xas long as short
Variational Omni NATGAS+0.0592%4h3.0050−0.066%$317K$432Kas long as short
Gate NG_USDT+0.0595%8h3.0080+0.033%$1.5M$195K100xas long as short
Binance NATGASUSDT+0.0617%4h3.0060−0.033%$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+0.0657%8h3.0050−0.067%$867K$1.7M50xas long as short
Bitget NATGASUSDT+0.1016%4h3.0030−0.133%$9.9M$3.2M100xas long as short
Kraken Futures PF_NATGASUSD+0.1181%1h3.0076+0.018%$56K$35K20xas long as short