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
Funding, last 7 days+0.148%+$15 on $10k
+Price spread, last 7 days—no 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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps NATGAS-USD.P | 3.0013 | 0.0050 | pay 0.0006% / 1h | 0m 02s | $84K | $28K | 10x |
| Short | Binance NATGASUSDT | 3.0030 | 0.0186 | get 0.0093% / 4h | 2h 00m | $9.6M | $31.8M | 100x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 5 min ago | 1.67 bp | 6.7 bp −$7 | 9.9 bp −$99 | 34.5 bp −$3,448 | 123.5 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff NATGAS-PERP | −0.1600% | 1h | 3.0037 | +0.080% | $35K | — | 20x | as long as short |
| GRVT NATGAS_USDT_Perp | 0.0000% | 4h | 3.0007 | −0.021% | $20K | $208K | 25x | as long as short |
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8410 | −5.341% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0042 | +0.097% | $2K | $1.7M | 20x | as long as short |
| HTX NATGAS-USDT | 0.0000% | 4h | 3.0043 | +0.100% | $118K | $221K | 75x | as long as short |
| Aster NATGASUSDT | +0.0009% | 4h | 3.0030 | +0.057% | $259K | $73K | 50x | as long as short |
| QFEX NATGAS-USD | +0.0024% | 1h | 3.0030 | +0.057% | $661K | $99K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0042 | +0.097% | $678K | $764K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0045 | +0.108% | $141K | $349K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0050 | +0.123% | — | $14K | 10x | as long as short |
Show all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0040 | +0.090% | $6.0M | $5.0M | 10x | as long as short |
| Ondo Perps NATGAS-USD.Plong | +0.0050% | 1h | 3.0013 | long leg | $84K | $28K | 10x | |
| Paradex NG-USD-PERP | +0.0052% | 8h | 3.0041 | +0.093% | $5K | — | 5x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0026 | +0.045% | $68K | $39K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.043% | $37K | $214K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.043% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0030 | +0.057% | $1.5M | $92K | 10x | as long as short |
| Variational Omni NATGAS | +0.0125% | 4h | 3.0028 | +0.050% | $356K | $429K | — | as long as short |
| KuCoin NATGASUSDTM | +0.0164% | 4h | 3.0030 | +0.057% | $1.1M | $811K | 20x | as long as short |
| Binance NATGASUSDTshort | +0.0186% | 4h | 3.0030 | +0.057% | $9.6M | $31.8M | 100x | |
| edgeX NATGASUSDC | +0.0225% | 4h | 2.9950 | −0.211% | $85K | $212K | 20x | as long as short |
| Gate NG_USDT | +0.0282% | 8h | 3.0060 | +0.157% | $1.5M | $205K | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0297% | 1h | 3.0032 | +0.064% | $55K | $46K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0376% | 8h | 3.0010 | −0.010% | $834K | $2.0M | 50x | as long as short |
| BloFin NG-USDT | +0.0395% | 8h | 3.0040 | +0.090% | $80K | $200K | 20x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0493% / S −0.0486% | 1h | 3.0025 | +0.040% | $88K | — | 45x | as long as short |
| Bitget NATGASUSDT | +0.0724% | 4h | 3.0020 | +0.023% | $10.0M | $2.9M | 100x | as long as short |
Binance NATGASUSDT
GRVT NATGAS_USDT_Perp
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
HTX NATGAS-USDT
Aster NATGASUSDT
Lighter NATGAS
Extended XNG-USD
tradeXYZ xyz:NATGAS
Paradex NG-USD-PERP
Pacifica NATGAS
ApeX Omni NATGASUSDT
Phemex NGUSDT
Variational Omni NATGAS
KuCoin NATGASUSDTM
edgeX NATGASUSDC
Gate NG_USDT
Kraken Futures PF_NATGASUSD
OKX NG-USDT-SWAP
BloFin NG-USDT
GMX NATGAS/USD [ETH-USDC]
Bitget NATGASUSDT