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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0116%/8h= −12.7% APRpaid last 24h −0.062%
Price spread now: Ondo Perps against KuCoin+0.093%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 7 days−0.049%−$5 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
The price spread pays, funding is against you. Ondo Perps is 0.093% dearer against KuCoin than usual: you sell high and buy low (spread +0.093% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.7 days. At the pace of the last 7 days (−0.049% in total) that is about 13 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin NATGASUSDTM3.00600.0166pay 0.0083% / 4h30m 58s$1.0M$885K20x
ShortOndo Perps NATGAS-USD.P3.00880.0050get 0.0006% / 1h30m 58s$83K$26K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against KuCoin. 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
−$24.28
Price spread: +0.093% → 0.000%
$9.31
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$31.96
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 4 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 KuCoin live order book, 4 min ago1.66 bp20.4 bp −$20doesn't fitdoesn'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
Hotstuff NATGAS-PERP−0.0088%1h3.0072+0.040%$35K20xas long as short
gTrade (Gains Network) NATGAS/USDL 0.0000% / S 0.0000%1h2.8455−5.339%as long as short
SunX NATGAS-USDT0.0000%4h3.0092+0.106%$2K$2.4M20xas long as short
HTX NATGAS-USDT0.0000%4h3.0092+0.106%$117K$217K75xas long as short
QFEX NATGAS-USD+0.0004%1h3.0070+0.033%$660K$96K20xas long as short
Lighter NATGAS+0.0032%1h3.0080+0.067%$632K$494K10xas long as short
Extended XNG-USD+0.0032%1h3.0068+0.025%$111K$271K5xas long as short
Vest NG-PERP+0.0046%1h3.0070+0.033%$14K10xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h3.0078+0.060%$6.0M$5.2M10xas long as short
Ondo Perps NATGAS-USD.Pshort+0.0050%1h3.0088+0.093%$83K$26K10x
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex NG-USD-PERP+0.0051%8h3.0078+0.060%$5K5xas long as short
GRVT NATGAS_USDT_Perp+0.0076%4h3.0050−0.033%$15K$222K25xas long as short
Pacifica NATGAS+0.0100%1h3.0071+0.035%$70K$32K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0100+0.133%$37K$216K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.200%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0070+0.033%$1.5M$91K10xas long as short
KuCoin NATGASUSDTMlong+0.0166%4h3.0060long leg$1.0M$885K20x
Aster NATGASUSDT+0.0183%4h3.0068+0.026%$265K$65K50xas long as short
Variational Omni NATGAS+0.0402%4h3.0069+0.030%$319K$390Kas long as short
Binance NATGASUSDT+0.0418%4h3.0070+0.033%$10.4M$28.4M100xas long as short
edgeX NATGASUSDC+0.0438%4h3.0067+0.022%$85K$213K20xas long as short
Gate NG_USDT+0.0578%8h3.0090+0.100%$1.5M$195K100xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0578% / S −0.0591%1h3.0075+0.050%$88K45xas long as short
BloFin NG-USDT+0.0611%8h3.00600.000%$82K$198K20xas long as short
OKX NG-USDT-SWAP+0.0613%8h3.0040−0.067%$852K$1.8M50xas long as short
Kraken Futures PF_NATGASUSD+0.0860%1h3.0090+0.101%$56K$35K20xas long as short
Bitget NATGASUSDT+0.0866%4h3.0040−0.067%$9.9M$3.0M100xas long as short