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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0022%/8h= −2.4% APRpaid last 24h +0.005%
Price spread now: Ondo Perps against Paradex+0.052%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · Ondo Perps: Active · farm boardneeds both histories
The price spread pays, funding is against you. Ondo Perps is 0.052% dearer against Paradex than usual: you sell high and buy low (spread +0.052% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.9 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex NG-USD-PERP3.00150.0072pay 0.0072% / 8h6h 14m$5K5x
ShortOndo Perps NATGAS-USD.P3.00300.0050get 0.0006% / 1h14m 19s$82K$27K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Paradex. 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
−$4.59
Price spread: +0.052% → 0.000%
$5.15
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$8.44
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Paradex: 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 Paradex no order-book sample
Sell Ondo Perps no order-book sample
Paradex 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 26 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
Hotstuff NATGAS-PERP−0.0040%1h3.0003−0.038%$35K20xas long as short
gTrade (Gains Network) NATGAS/USDL 0.0000% / S 0.0000%1h2.8361−5.509%as long as short
SunX NATGAS-USDT0.0000%4h3.0021+0.022%$2K$2.5M20xas long as short
QFEX NATGAS-USD+0.0019%1h3.0010−0.015%$658K$86K20xas long as short
Lighter NATGAS+0.0032%1h3.0001−0.045%$618K$445K10xas long as short
Vest NG-PERP+0.0046%1h3.0000−0.048%$37810xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h2.9992−0.075%$5.9M$5.9M10xas long as short
Ondo Perps NATGAS-USD.Pshort+0.0050%1h3.0030+0.052%$82K$27K10x
Paradex NG-USD-PERPlong+0.0072%8h3.0015long leg$5K5x
Extended XNG-USD+0.0080%1h2.9976−0.127%$110K$449K5xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NATGAS+0.0100%1h3.0004−0.035%$68K$33K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.048%$37K$218K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.048%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h2.9990−0.082%$1.5M$95K10xas long as short
KuCoin NATGASUSDTM+0.0166%4h3.0010−0.015%$1.0M$1.1M20xas long as short
Aster NATGASUSDT+0.0235%4h2.9986−0.096%$265K$73K50xas long as short
HTX NATGAS-USDT+0.0247%4h3.0009−0.018%$98K$212K75xas long as short
OKX NG-USDT-SWAP+0.0355%8h3.0000−0.048%$860K$1.7M50xas long as short
Variational Omni NATGAS+0.0384%4h3.0009−0.017%$311K$444Kas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0422% / S −0.0359%1h3.0005−0.032%$92K45xas long as short
GRVT NATGAS_USDT_Perp+0.0426%4h3.0018+0.011%$12K$214K25xas long as short
Gate NG_USDT+0.0433%8h3.0030+0.052%$1.5M$219K100xas long as short
edgeX NATGASUSDC+0.0436%4h3.0009−0.017%$85K$213K20xas long as short
Binance NATGASUSDT+0.0447%4h2.9990−0.082%$10.2M$29.1M100xas long as short
Bitget NATGASUSDT+0.0700%4h2.9960−0.182%$9.9M$3.4M100xas long as short
Kraken Futures PF_NATGASUSD+0.0826%1h3.0015+0.002%$53K$38K20xas long as short