Funding you earn now, next payment 07:00 UTC+0.0510%/8h= +55.9% APRnext payment +$0.64 per $10,000 · paid last 24h +0.137%
Price spread now: GMX against Ondo Perps+0.063%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and GMX is 0.063% dearer against Ondo Perps than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps NATGAS-USD.P | 3.0056 | 0.0050 | pay 0.0006% / 1h | 23m 03s | $83K | $26K | 10x |
| Short | GMX NATGAS/USD [ETH-USDC] | 3.0075 | L +0.0554% / S −0.0561% | get 0.0070% / 1h | 23m 03s | $88K | — | 45x |
Ondo Perps NATGAS-USD.P
GMX NATGAS/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $107.14
- Price spread: +0.063% → 0.000%
- $6.32
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $96.46
- Costs to cover
- 0.170%
- Break-even
- 0.7 days
Slippage unknown: Ondo Perps: no order-book sample; GMX: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Ondo Perps no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
Ondo Perps and GMX: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8459 | −5.313% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0092 | +0.120% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0002% | 1h | 3.0070 | +0.047% | $660K | $96K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0079 | +0.077% | $630K | $502K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0065 | +0.031% | $111K | $283K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0070 | +0.047% | — | $14K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0068 | +0.040% | $6.0M | $5.4M | 10x | as long as short |
| Ondo Perps NATGAS-USD.Plong | +0.0050% | 1h | 3.0056 | long leg | $83K | $26K | 10x | |
| HTX NATGAS-USDT | +0.0054% | 4h | 3.0089 | +0.110% | $107K | $201K | 75x | as long as short |
| Paradex NG-USD-PERP | +0.0055% | 8h | 3.0088 | +0.106% | $5K | — | 5x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
Vest NG-PERP
tradeXYZ xyz:NATGAS
HTX NATGAS-USDT
Paradex NG-USD-PERPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGAS | +0.0100% | 1h | 3.0053 | −0.010% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0100 | +0.146% | $37K | $217K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0100 | +0.146% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0080 | +0.080% | $1.5M | $93K | 10x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0152% | 4h | 3.0064 | +0.027% | $22K | $210K | 25x | as long as short |
| Hotstuff NATGAS-PERP | +0.0184% | 1h | 3.0072 | +0.053% | $35K | — | 20x | as long as short |
| KuCoin NATGASUSDTM | +0.0256% | 4h | 3.0050 | −0.020% | $1.0M | $915K | 20x | as long as short |
| Aster NATGASUSDT | +0.0281% | 4h | 3.0092 | +0.118% | $265K | $70K | 50x | as long as short |
| Variational Omni NATGAS | +0.0508% | 4h | 3.0070 | +0.046% | $319K | $393K | — | as long as short |
| Binance NATGASUSDT | +0.0523% | 4h | 3.0076 | +0.066% | $10.3M | $28.6M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0547% | 4h | 3.0070 | +0.046% | $85K | $211K | 20x | as long as short |
| GMX NATGAS/USD [ETH-USDC]short | L +0.0554% / S −0.0561% | 1h | 3.0075 | +0.063% | $88K | — | 45x | |
| Gate NG_USDT | +0.0624% | 8h | 3.0090 | +0.113% | $1.5M | $196K | 100x | as long as short |
| OKX NG-USDT-SWAP | +0.0653% | 8h | 3.0080 | +0.080% | $877K | $1.8M | 50x | as long as short |
| BloFin NG-USDT | +0.0679% | 8h | 3.0070 | +0.047% | $83K | $198K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0954% | 4h | 3.0050 | −0.020% | $9.9M | $3.1M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0986% | 1h | 3.0086 | +0.101% | $56K | $35K | 20x | as long as short |
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
GRVT NATGAS_USDT_Perp
Hotstuff NATGAS-PERP
KuCoin NATGASUSDTM
Aster NATGASUSDT
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
Gate NG_USDT
OKX NG-USDT-SWAP
BloFin NG-USDT
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD