Funding you earn now, next payment 05:00 UTC+0.0364%/8h= +39.9% APRnext payment +$0.45 per $10,000 · paid last 24h +0.141%
Price spread now: GMX against Ondo Perps+0.087%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+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 +$11 a day on $10k at the current rate, and GMX is 0.087% dearer against Ondo Perps than usual: you sell high and buy low: +$9 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 | 2.9999 | 0.0050 | pay 0.0006% / 1h | 38m 17s | $82K | $26K | 10x |
| Short | GMX NATGAS/USD [ETH-USDC] | 3.0025 | L +0.0472% / S −0.0414% | get 0.0052% / 1h | 38m 17s | $92K | — | 45x |
Ondo Perps NATGAS-USD.P
GMX NATGAS/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- $76.44
- Price spread: +0.087% → 0.000%
- $8.67
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $68.1
- Costs to cover
- 0.170%
- Break-even
- 0.8 days
Slippage unknown: Ondo Perps: no order-book sample; GMX: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Ondo Perps no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
Ondo Perps and GMX: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8405 | −5.314% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0041 | +0.140% | $2K | $2.4M | 20x | as long as short |
| Hotstuff NATGAS-PERP | +0.0008% | 1h | 3.0007 | +0.027% | $35K | — | 20x | as long as short |
| QFEX NATGAS-USD | +0.0009% | 1h | 3.0010 | +0.037% | $668K | $91K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0004 | +0.017% | $626K | $501K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 2.9998 | −0.004% | $110K | $395K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0010 | +0.037% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.Plong | +0.0050% | 1h | 2.9999 | long leg | $82K | $26K | 10x | |
| tradeXYZ xyz:NATGAS | +0.0058% | 1h | 3.0008 | +0.030% | $6.0M | $5.7M | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0074% | 8h | 3.0022 | +0.078% | $5K | — | 5x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
Hotstuff NATGAS-PERP
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
Vest NG-PERP
tradeXYZ xyz:NATGAS
Paradex NG-USD-PERPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGAS | +0.0100% | 1h | 2.9989 | −0.033% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | +0.003% | $37K | $217K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | +0.003% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0020 | +0.070% | $1.5M | $93K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0326% | 4h | 3.0010 | +0.037% | $1.0M | $1.0M | 20x | as long as short |
| Aster NATGASUSDT | +0.0374% | 4h | 3.0039 | +0.134% | $263K | $74K | 50x | as long as short |
| HTX NATGAS-USDT | +0.0390% | 4h | 3.0054 | +0.183% | $107K | $213K | 75x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0468% | 4h | 3.0020 | +0.070% | $12K | $230K | 25x | as long as short |
| GMX NATGAS/USD [ETH-USDC]short | L +0.0472% / S −0.0414% | 1h | 3.0025 | +0.087% | $92K | — | 45x | |
| Gate NG_USDT | +0.0530% | 8h | 3.0050 | +0.170% | $1.5M | $192K | 100x | as long as short |
| BloFin NG-USDT | +0.0538% | 8h | 3.0020 | +0.070% | $81K | $193K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0559% | 8h | 3.0010 | +0.037% | $863K | $1.7M | 50x | as long as short |
| Variational Omni NATGAS | +0.0576% | 4h | 3.0020 | +0.069% | $316K | $449K | — | as long as short |
| Binance NATGASUSDT | +0.0597% | 4h | 3.0025 | +0.087% | $10.2M | $28.4M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0600% | 4h | 3.0010 | +0.036% | $85K | $212K | 20x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0856% | 1h | 3.0038 | +0.128% | $56K | $35K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0976% | 4h | 2.9990 | −0.030% | $9.9M | $3.2M | 100x | as long as short |
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
KuCoin NATGASUSDTM
Aster NATGASUSDT
HTX NATGAS-USDT
GRVT NATGAS_USDT_Perp
Gate NG_USDT
BloFin NG-USDT
OKX NG-USDT-SWAP
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
Kraken Futures PF_NATGASUSD
Bitget NATGASUSDT