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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0050%/8h= −5.4% APRnext payment $0.06 per $10,000 · paid last 24h −0.009%
Price spread now: Ondo Perps against Pacifica+0.067%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+0.022%+$2 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · Ondo Perps: Active · farm boardneeds both histories
The price spread pays, funding is against you. Ondo Perps is 0.067% dearer against Pacifica than usual: you sell high and buy low (spread +0.067% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.5 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica NATGAS3.00190.0100pay 0.0013% / 1h30m 51s$68K$33K10x
ShortOndo Perps NATGAS-USD.P3.00390.0050get 0.0006% / 1h30m 51s$84K$27K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Pacifica. 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
−$10.42
Price spread: +0.067% → 0.000%
$6.67
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$16.74
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Pacifica: no order-book sample; Ondo Perps: 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 Pacifica no order-book sample
Sell Ondo Perps no order-book sample
Pacifica and 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%1h2.8374−5.480%as long as short
SunX NATGAS-USDT0.0000%4h3.0041+0.073%$2K$2.6M20xas long as short
QFEX NATGAS-USD+0.0015%1h3.0010−0.030%$659K$85K20xas long as short
Lighter NATGAS+0.0032%1h3.0024+0.017%$617K$413K10xas long as short
Extended XNG-USD+0.0032%1h3.0005−0.046%$112K$452K5xas long as short
Vest NG-PERP+0.0046%1h3.0010−0.030%$37810xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h3.0011−0.027%$5.9M$6.0M10xas long as short
Ondo Perps NATGAS-USD.Pshort+0.0050%1h3.0039+0.067%$84K$27K10x
Paradex NG-USD-PERP+0.0056%8h3.0027+0.025%$5K5xas long as short
Aster NATGASUSDT+0.0072%4h3.0030+0.037%$266K$73K50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NATGASlong+0.0100%1h3.0019long leg$68K$33K10x
KuCoin NATGASUSDTM+0.0100%4h3.0010−0.030%$1.0M$1.1M20xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.063%$37K$216K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.063%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0020+0.003%$1.5M$95K10xas long as short
Hotstuff NATGAS-PERP+0.0128%1h3.0013−0.020%$35K20xas long as short
Variational Omni NATGAS+0.0141%4h3.0020+0.005%$312K$443Kas long as short
OKX NG-USDT-SWAP+0.0205%8h3.0020+0.003%$863K$1.7M50xas long as short
BloFin NG-USDT+0.0217%8h3.0000−0.063%$80K$189K20xas long as short
Binance NATGASUSDT+0.0232%4h3.0020+0.003%$10.1M$29.5M100xas long as short
edgeX NATGASUSDC+0.0235%4h3.0019+0.002%$85K$212K20xas long as short
HTX NATGAS-USDT+0.0255%4h3.0036+0.057%$98K$211K75xas long as short
Bitget NATGASUSDT+0.0300%4h2.9990−0.097%$10.0M$3.5M100xas long as short
GRVT NATGAS_USDT_Perp+0.0398%4h3.0010−0.029%$25K$214K25xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0408% / S −0.0344%1h3.0025+0.020%$92K45xas long as short
Gate NG_USDT+0.0503%8h3.0040+0.070%$1.5M$255K100xas long as short
Kraken Futures PF_NATGASUSD+0.1001%1h3.0027+0.028%$52K$36K20xas long as short