NATGAS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0050%/8h= +5.4% APRnext payment +$0.06 per $10,000 · paid last 24h +0.009%

Price spread now: Pacifica against Ondo Perps−0.072%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Ondo Perps Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.022%−$2 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropOndo Perps: Active · Pacifica: Active · farm boardneeds both histories

Funding pays, the price is against you. Pacifica is 0.072% cheaper against Ondo Perps than usual: you would sell low and buy high (spread −0.072% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 4.8 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps NATGAS-USD.P	2.9973	0.0050	pay 0.0006% / 1h	12m 47s	$84K	$43K	10x
Short	Pacifica NATGAS	2.9951	0.0100	get 0.0013% / 1h	12m 47s	$68K	$33K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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

Position, each leg$Hold fordaysFee Ondo PerpsbpFee PacificabpOrdersPrice spread, now −0.072%Rate

Funding earned: $10.42
Price spread: −0.072% → 0.000%: −$7.2
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$9.78
Costs to cover: 0.130%
Break-even: 13.6 days

Slippage unknown: Ondo Perps: no order-book sample; Pacifica: 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 Pacifica no order-book sample	—	—	—	—	—

Ondo Perps and Pacifica: 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 26 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
GRVT NATGAS_USDT_Perp	0.0000%	4h	2.9948	−0.083%	$13K	$238K	25x	as long as short
SunX NATGAS-USDT	0.0000%	4h	2.9972	−0.003%	$2K	$2.6M	20x	as long as short
HTX NATGAS-USDT	0.0000%	4h	2.9987	+0.047%	$98K	$212K	75x	as long as short
QFEX NATGAS-USD	+0.0030%	1h	2.9950	−0.077%	$657K	$86K	20x	as long as short
Lighter NATGAS	+0.0032%	1h	2.9968	−0.017%	$616K	$419K	10x	as long as short
Extended XNG-USD	+0.0032%	1h	2.9943	−0.099%	$110K	$453K	5x	as long as short
Aster NATGASUSDT	+0.0033%	4h	2.9960	−0.043%	$265K	$73K	50x	as long as short
Vest NG-PERP	+0.0046%	1h	2.9960	−0.043%	—	$378	10x	as long as short
tradeXYZ xyz:NATGAS	+0.0050%	1h	2.9947	−0.087%	$5.9M	$6.0M	10x	as long as short
Ondo Perps NATGAS-USD.Plong	+0.0050%	1h	2.9973	long leg	$84K	$43K	10x

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex NG-USD-PERP	+0.0065%	8h	2.9955	−0.061%	$5K	—	5x	as long as short
Hotstuff NATGAS-PERP	+0.0072%	1h	2.9951	−0.073%	$35K	—	20x	as long as short
Variational Omni NATGAS	+0.0080%	4h	2.9951	−0.075%	$311K	$443K	—	as long as short
Pacifica NATGASshort	+0.0100%	1h	2.9951	−0.072%	$68K	$33K	10x
KuCoin NATGASUSDTM	+0.0100%	4h	2.9950	−0.077%	$1.0M	$1.2M	20x	as long as short
ApeX Omni NATGASUSDT	+0.0100%	1h	2.9900	−0.244%	$36K	$217K	50x	as long as short
Orderly PERP_NATGAS_USDC_mythos	+0.0100%	8h	3.0000	+0.090%	$3K	$544	10x	as long as short
Phemex NGUSDT	+0.0100%	4h	2.9960	−0.043%	$1.5M	$97K	10x	as long as short
OKX NG-USDT-SWAP	+0.0121%	8h	2.9950	−0.077%	$856K	$1.7M	50x	as long as short
BloFin NG-USDT	+0.0151%	8h	2.9960	−0.043%	$80K	$189K	20x	as long as short
Binance NATGASUSDT	+0.0160%	4h	2.9956	−0.058%	$10.1M	$29.9M	100x	as long as short
Gate NG_USDT	+0.0167%	8h	2.9980	+0.023%	$1.5M	$285K	100x	as long as short
edgeX NATGASUSDC	+0.0204%	4h	2.9951	−0.074%	$85K	$213K	20x	as long as short
Bitget NATGASUSDT	+0.0260%	4h	2.9930	−0.143%	$10.0M	$3.7M	100x	as long as short
GMX NATGAS/USD [ETH-USDC]	L +0.0406% / S −0.0333%	1h	2.9955	−0.060%	$93K	—	45x	as long as short
Kraken Futures PF_NATGASUSD	+0.1217%	1h	2.9965	−0.028%	$52K	$39K	20x	as long as short