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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0136%/8h= +14.9% APRpaid last 24h +0.098%
Price spread now: Binance against Ondo Perps+0.057%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+0.148%+$15 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 for this trade now. Funding pays +$4 a day on $10k at the current rate, and Binance is 0.057% 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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps NATGAS-USD.P3.00130.0050pay 0.0006% / 1h0m 02s$84K$28K10x
ShortBinance NATGASUSDT3.00300.0186get 0.0093% / 4h2h 00m$9.6M$31.8M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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

Funding earned
$28.49
Price spread: +0.057% → 0.000%
$5.66
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Binance: 5 bp × 2 orders
−$10
Net
$19.16
Costs to cover
0.150%
Break-even
2.3 days
Slippage unknown: Ondo Perps: no order-book sample; Binance: live order book, 5 min ago. 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 Ondo Perps no order-book sample
Sell Binance live order book, 5 min ago1.67 bp6.7 bp −$79.9 bp −$9934.5 bp −$3,448123.5 bp −$61.7K
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 exchanges

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−0.1600%1h3.0037+0.080%$35K20xas long as short
GRVT NATGAS_USDT_Perp0.0000%4h3.0007−0.021%$20K$208K25xas long as short
gTrade (Gains Network) NATGAS/USDL 0.0000% / S 0.0000%1h2.8410−5.341%as long as short
SunX NATGAS-USDT0.0000%4h3.0042+0.097%$2K$1.7M20xas long as short
HTX NATGAS-USDT0.0000%4h3.0043+0.100%$118K$221K75xas long as short
Aster NATGASUSDT+0.0009%4h3.0030+0.057%$259K$73K50xas long as short
QFEX NATGAS-USD+0.0024%1h3.0030+0.057%$661K$99K20xas long as short
Lighter NATGAS+0.0032%1h3.0042+0.097%$678K$764K10xas long as short
Extended XNG-USD+0.0032%1h3.0045+0.108%$141K$349K5xas long as short
Vest NG-PERP+0.0046%1h3.0050+0.123%$14K10xas long as short
Show all 27 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NATGAS+0.0050%1h3.0040+0.090%$6.0M$5.0M10xas long as short
Ondo Perps NATGAS-USD.Plong+0.0050%1h3.0013long leg$84K$28K10x
Paradex NG-USD-PERP+0.0052%8h3.0041+0.093%$5K5xas long as short
Pacifica NATGAS+0.0100%1h3.0026+0.045%$68K$39K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.043%$37K$214K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.043%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0030+0.057%$1.5M$92K10xas long as short
Variational Omni NATGAS+0.0125%4h3.0028+0.050%$356K$429Kas long as short
KuCoin NATGASUSDTM+0.0164%4h3.0030+0.057%$1.1M$811K20xas long as short
Binance NATGASUSDTshort+0.0186%4h3.0030+0.057%$9.6M$31.8M100x
edgeX NATGASUSDC+0.0225%4h2.9950−0.211%$85K$212K20xas long as short
Gate NG_USDT+0.0282%8h3.0060+0.157%$1.5M$205K100xas long as short
Kraken Futures PF_NATGASUSD+0.0297%1h3.0032+0.064%$55K$46K20xas long as short
OKX NG-USDT-SWAP+0.0376%8h3.0010−0.010%$834K$2.0M50xas long as short
BloFin NG-USDT+0.0395%8h3.0040+0.090%$80K$200K20xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0493% / S −0.0486%1h3.0025+0.040%$88K45xas long as short
Bitget NATGASUSDT+0.0724%4h3.0020+0.023%$10.0M$2.9M100xas long as short