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−0.0042%/8h= −4.6% APRnext payment $0.05 per $10,000 · paid last 24h −0.003%
Price spread now: Hotstuff against Ondo Perps+0.003%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · Hotstuff: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps NATGAS-USD.P3.00080.0050pay 0.0006% / 1h46m 33s$82K$26K10x
ShortHotstuff NATGAS-PERP3.00090.0008get 0.0001% / 1h46m 33s$35K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff 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
−$8.9
Price spread: +0.003% → 0.000%
$0.33
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$18.57
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Hotstuff: 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 Ondo Perps no order-book sample
Sell Hotstuff no order-book sample
Ondo Perps and Hotstuff: 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
gTrade (Gains Network) NATGAS/USDL 0.0000% / S 0.0000%1h2.8386−5.405%as long as short
SunX NATGAS-USDT0.0000%4h3.0042+0.113%$2K$2.4M20xas long as short
Hotstuff NATGAS-PERPshort+0.0008%1h3.0009+0.003%$35K20x
QFEX NATGAS-USD+0.0019%1h3.0010+0.007%$658K$85K20xas long as short
Lighter NATGAS+0.0032%1h3.0013+0.017%$618K$445K10xas long as short
Extended XNG-USD+0.0032%1h2.9998−0.034%$110K$442K5xas long as short
Vest NG-PERP+0.0046%1h3.0010+0.007%$37810xas long as short
Ondo Perps NATGAS-USD.Plong+0.0050%1h3.0008long leg$82K$26K10x
Paradex NG-USD-PERP+0.0062%8h3.0024+0.053%$5K5xas long as short
tradeXYZ xyz:NATGAS+0.0077%1h3.0009+0.003%$5.9M$5.9M10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NATGAS+0.0100%1h3.0011+0.010%$68K$33K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.027%$37K$218K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.027%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0020+0.040%$1.5M$95K10xas long as short
HTX NATGAS-USDT+0.0217%4h3.0047+0.130%$100K$213K75xas long as short
KuCoin NATGASUSDTM+0.0278%4h3.0010+0.007%$1.0M$1.1M20xas long as short
Aster NATGASUSDT+0.0297%4h3.0010+0.007%$265K$73K50xas long as short
GRVT NATGAS_USDT_Perp+0.0364%4h3.0010+0.007%$12K$214K25xas long as short
BloFin NG-USDT+0.0377%8h2.9990−0.060%$188K20xas long as short
OKX NG-USDT-SWAP+0.0391%8h3.0020+0.040%$862K$1.7M50xas long as short
Gate NG_USDT+0.0404%8h3.0050+0.140%$1.5M$208K100xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0428% / S −0.0365%1h3.0025+0.057%$92K45xas long as short
Variational Omni NATGAS+0.0459%4h3.0009+0.004%$311K$444Kas long as short
edgeX NATGASUSDC+0.0514%4h3.0018+0.032%$85K$213K20xas long as short
Binance NATGASUSDT+0.0517%4h3.0020+0.040%$10.2M$28.9M100xas long as short
Bitget NATGASUSDT+0.0844%4h3.0000−0.027%$9.9M$3.4M100xas long as short
Kraken Futures PF_NATGASUSD+0.1109%1h3.0034+0.087%$54K$36K20xas long as short