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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.02 per $10,000 · paid last 24h +0.005%
Price spread now: tradeXYZ 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−0.099%−$10 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · tradeXYZ: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and tradeXYZ 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). Mind the row above: over the last 7 days funding on this pair cost −0.099%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps NATGAS-USD.P2.99990.0050pay 0.0006% / 1h37m 24s$82K$26K10x
ShorttradeXYZ xyz:NATGAS3.00150.0063get 0.0008% / 1h37m 24s$6.0M$5.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$2.58
Price spread: +0.053% → 0.000%
$5.33
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$15.09
Costs to cover
0.230%
Break-even
48.0 days
Slippage unknown: Ondo Perps: no order-book sample; tradeXYZ: live order book, 11 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 tradeXYZ live order book, 11 min ago0.17 bp10.8 bp −$11doesn't fitdoesn'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
gTrade (Gains Network) NATGAS/USDL 0.0000% / S 0.0000%1h2.8404−5.317%as long as short
SunX NATGAS-USDT0.0000%4h3.0041+0.140%$2K$2.4M20xas long as short
Hotstuff NATGAS-PERP+0.0008%1h3.0009+0.033%$35K20xas long as short
QFEX NATGAS-USD+0.0009%1h3.0020+0.070%$669K$91K20xas long as short
Lighter NATGAS+0.0032%1h3.0003+0.013%$626K$501K10xas long as short
Extended XNG-USD+0.0032%1h2.9998−0.004%$110K$391K5xas long as short
Vest NG-PERP+0.0046%1h3.0010+0.037%$14K10xas long as short
Ondo Perps NATGAS-USD.Plong+0.0050%1h2.9999long leg$82K$26K10x
tradeXYZ xyz:NATGASshort+0.0063%1h3.0015+0.053%$6.0M$5.7M10x
Paradex NG-USD-PERP+0.0073%8h3.0024+0.082%$5K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NATGAS+0.0100%1h2.9991−0.027%$68K$33K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0000+0.003%$37K$218K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000+0.003%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0020+0.070%$1.5M$93K10xas long as short
KuCoin NATGASUSDTM+0.0328%4h3.0010+0.037%$1.0M$1.0M20xas long as short
Aster NATGASUSDT+0.0376%4h3.0038+0.130%$263K$74K50xas long as short
HTX NATGAS-USDT+0.0390%4h3.0054+0.183%$107K$213K75xas long as short
GRVT NATGAS_USDT_Perp+0.0444%4h3.0019+0.068%$12K$230K25xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0473% / S −0.0415%1h3.0025+0.087%$92K45xas long as short
Gate NG_USDT+0.0531%8h3.0050+0.170%$1.5M$192K100xas long as short
BloFin NG-USDT+0.0538%8h3.0020+0.070%$81K$193K20xas long as short
OKX NG-USDT-SWAP+0.0559%8h3.0010+0.037%$862K$1.7M50xas long as short
Variational Omni NATGAS+0.0576%4h3.0020+0.069%$316K$449Kas long as short
edgeX NATGASUSDC+0.0598%4h3.0012+0.044%$85K$212K20xas long as short
Binance NATGASUSDT+0.0598%4h3.0027+0.092%$10.2M$28.4M100xas long as short
Kraken Futures PF_NATGASUSD+0.0856%1h3.0038+0.128%$56K$35K20xas long as short
Bitget NATGASUSDT+0.0978%4h2.9990−0.030%$9.9M$3.2M100xas long as short