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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0354%/8h= −38.7% APRpaid last 24h −0.081%
Price spread now: Ondo Perps against Gate−0.140%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−0.294%−$29 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 −$11 a day on $10k at the current rate, and Ondo Perps is 0.140% cheaper against Gate than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate NG_USDT3.00500.0404pay 0.0404% / 8h5h 46m$1.5M$209K100x
ShortOndo Perps NATGAS-USD.P3.00080.0050get 0.0006% / 1h46m 07s$82K$26K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Gate. 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
−$74.26
Price spread: −0.140% → 0.000%
−$13.98
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$108.23
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 1 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 Gate live order book, 1 min ago1.66 bp19.7 bp −$2058.1 bp −$581doesn'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 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
SunX NATGAS-USDT0.0000%4h3.0042−0.027%$2K$2.4M20xas long as short
Hotstuff NATGAS-PERP+0.0008%1h3.0009−0.136%$35K20xas long as short
QFEX NATGAS-USD+0.0019%1h3.0010−0.133%$658K$85K20xas long as short
Lighter NATGAS+0.0032%1h3.0023−0.090%$619K$445K10xas long as short
Extended XNG-USD+0.0032%1h2.9998−0.173%$110K$442K5xas long as short
Vest NG-PERP+0.0046%1h3.0010−0.133%$37810xas long as short
Ondo Perps NATGAS-USD.Pshort+0.0050%1h3.0008−0.140%$82K$26K10x
Paradex NG-USD-PERP+0.0062%8h3.0024−0.087%$5K5xas long as short
tradeXYZ xyz:NATGAS+0.0079%1h3.0013−0.123%$5.9M$5.9M10xas long as short
Pacifica NATGAS+0.0100%1h3.0011−0.130%$68K$33K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.166%$37K$218K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.166%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0030−0.067%$1.5M$95K10xas long as short
HTX NATGAS-USDT+0.0210%4h3.0040−0.033%$100K$213K75xas long as short
KuCoin NATGASUSDTM+0.0278%4h3.0010−0.133%$1.0M$1.1M20xas long as short
Aster NATGASUSDT+0.0297%4h3.0010−0.132%$265K$73K50xas long as short
GRVT NATGAS_USDT_Perp+0.0364%4h3.0010−0.133%$12K$214K25xas long as short
BloFin NG-USDT+0.0377%8h2.9990−0.200%$188K20xas long as short
OKX NG-USDT-SWAP+0.0391%8h3.0020−0.100%$862K$1.7M50xas long as short
Gate NG_USDTlong+0.0404%8h3.0050long leg$1.5M$209K100x
GMX NATGAS/USD [ETH-USDC]L +0.0428% / S −0.0365%1h3.0025−0.083%$92K45xas long as short
Variational Omni NATGAS+0.0471%4h3.0020−0.101%$311K$444Kas long as short
edgeX NATGASUSDC+0.0514%4h3.0018−0.108%$85K$213K20xas long as short
Binance NATGASUSDT+0.0517%4h3.0021−0.095%$10.2M$28.9M100xas long as short
Bitget NATGASUSDT+0.0844%4h3.0000−0.166%$9.9M$3.4M100xas long as short
Kraken Futures PF_NATGASUSD+0.1109%1h3.0034−0.053%$54K$36K20xas long as short