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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0306%/8h= −33.5% APRpaid last 24h −0.107%
Price spread now: Ondo Perps against Binance−0.017%7-day average · you buy dearer than you sell
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−0.131%−$13 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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$9 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.131% in total (about -6.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance NATGASUSDT3.00200.0356pay 0.0178% / 4h3m 35s$10.4M$28.6M100x
ShortOndo Perps NATGAS-USD.P3.00150.0050get 0.0006% / 1h3m 35s$82K$26K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Binance. 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
−$64.24
Price spread: −0.017% → 0.000%
−$1.67
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$80.9
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 8 min ago; 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 Binance live order book, 8 min ago1.67 bp6.7 bp −$78.9 bp −$8932.2 bp −$3,219123.7 bp −$61.9K
Sell Ondo Perps no order-book sample
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%1h2.8384−5.450%as long as short
SunX NATGAS-USDT0.0000%4h3.0042+0.073%$2K$2.4M20xas long as short
HTX NATGAS-USDT0.0000%4h3.0027+0.023%$118K$221K75xas long as short
QFEX NATGAS-USD+0.0004%1h3.00200.000%$659K$96K20xas long as short
Lighter NATGAS+0.0032%1h3.0030+0.033%$631K$495K10xas long as short
Extended XNG-USD+0.0032%1h3.0016−0.013%$109K$271K5xas long as short
GRVT NATGAS_USDT_Perp+0.0042%4h3.00200.000%$18K$229K25xas long as short
Vest NG-PERP+0.0046%1h3.0030+0.033%$14K10xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h3.0021+0.003%$6.0M$5.3M10xas long as short
Ondo Perps NATGAS-USD.Pshort+0.0050%1h3.0015−0.017%$82K$26K10x
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex NG-USD-PERP+0.0051%8h3.0032+0.040%$5K5xas long as short
Pacifica NATGAS+0.0100%1h3.0004−0.053%$69K$32K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0100+0.266%$37K$215K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.067%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.00200.000%$1.5M$90K10xas long as short
Hotstuff NATGAS-PERP+0.0104%1h3.0023+0.010%$35K20xas long as short
KuCoin NATGASUSDTM+0.0140%4h3.0010−0.033%$1.0M$863K20xas long as short
Aster NATGASUSDT+0.0143%4h3.0040+0.067%$264K$69K50xas long as short
Variational Omni NATGAS+0.0339%4h3.0031+0.036%$318K$390Kas long as short
Binance NATGASUSDTlong+0.0356%4h3.0020long leg$10.4M$28.6M100x
edgeX NATGASUSDC+0.0387%4h3.0037+0.056%$85K$212K20xas long as short
BloFin NG-USDT+0.0530%8h3.0010−0.033%$76K$198K20xas long as short
OKX NG-USDT-SWAP+0.0544%8h3.0010−0.033%$802K$1.9M50xas long as short
Gate NG_USDT+0.0567%8h3.0050+0.100%$1.5M$197K100xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0586% / S −0.0600%1h3.0025+0.017%$88K45xas long as short
Bitget NATGASUSDT+0.0826%4h3.0000−0.067%$9.9M$3.0M100xas long as short
Kraken Futures PF_NATGASUSD+0.0862%1h3.0039+0.064%$56K$35K20xas long as short