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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0112%/8h= −12.3% APRpaid last 24h −0.002%
Price spread now: Ondo Perps against HTX−0.023%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+0.204%+$20 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 against this trade now: funding costs −$3 a day on $10k at the current rate, and Ondo Perps is 0.023% cheaper against HTX than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.204%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX NATGAS-USDT3.00370.0162pay 0.0081% / 4h11m 01s$105K$211K75x
ShortOndo Perps NATGAS-USD.P3.00300.0050get 0.0006% / 1h11m 01s$82K$26K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against HTX. 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
−$23.53
Price spread: −0.023% → 0.000%
−$2.33
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$42.86
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: HTX: live order book, 45 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 HTX live order book, 45 min ago3.50 bp9.5 bp −$915.5 bp −$155doesn't fitdoesn't fit
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%1h2.8449−5.287%as long as short
SunX NATGAS-USDT0.0000%4h3.0052+0.050%$2K$2.4M20xas long as short
QFEX NATGAS-USD+0.0022%1h3.0030−0.023%$669K$91K20xas long as short
Lighter NATGAS+0.0032%1h3.0029−0.027%$619K$494K10xas long as short
Extended XNG-USD+0.0032%1h3.0022−0.051%$110K$405K5xas long as short
Vest NG-PERP+0.0046%1h3.0030−0.023%$14K10xas long as short
Ondo Perps NATGAS-USD.Pshort+0.0050%1h3.0030−0.023%$82K$26K10x
Paradex NG-USD-PERP+0.0054%8h3.0049+0.040%$5K5xas long as short
tradeXYZ xyz:NATGAS+0.0073%1h3.0026−0.037%$6.0M$5.8M10xas long as short
Pacifica NATGAS+0.0100%1h3.0023−0.047%$68K$33K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.123%$37K$215K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.123%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0030−0.023%$1.5M$94K10xas long as short
HTX NATGAS-USDTlong+0.0162%4h3.0037long leg$105K$211K75x
Hotstuff NATGAS-PERP+0.0208%1h3.0040+0.010%$35K20xas long as short
GRVT NATGAS_USDT_Perp+0.0318%4h3.0058+0.070%$25K$227K25xas long as short
KuCoin NATGASUSDTM+0.0322%4h3.0010−0.090%$1.0M$1.0M20xas long as short
Aster NATGASUSDT+0.0376%4h3.0023−0.045%$266K$73K50xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0459% / S −0.0399%1h3.0035−0.007%$92K45xas long as short
Gate NG_USDT+0.0491%8h3.0060+0.077%$1.5M$194K100xas long as short
OKX NG-USDT-SWAP+0.0512%8h3.0030−0.023%$860K$1.7M50xas long as short
BloFin NG-USDT+0.0537%8h3.0040+0.010%$81K$192K20xas long as short
Variational Omni NATGAS+0.0574%4h3.0029−0.025%$317K$449Kas long as short
Binance NATGASUSDT+0.0593%4h3.0026−0.036%$10.2M$28.5M100xas long as short
edgeX NATGASUSDC+0.0622%4h3.0050+0.044%$85K$213K20xas long as short
Bitget NATGASUSDT+0.0968%4h2.9990−0.156%$9.9M$3.3M100xas long as short
Kraken Futures PF_NATGASUSD+0.0994%1h3.0039+0.006%$54K$33K20xas long as short