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: KuCoin against Ondo Perps−0.093%7-day average · you buy dearer than you sell
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
Funding pays, the price is against you. KuCoin is 0.093% cheaper against Ondo Perps than usual: you would sell low and buy high (spread −0.093% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 2.7 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.049% in total) that is about 13 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps NATGAS-USD.P3.00880.0050pay 0.0006% / 1h30m 51s$83K$26K10x
ShortKuCoin NATGASUSDTM3.00600.0166get 0.0083% / 4h30m 51s$1.0M$885K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$24.28
Price spread: −0.093% → 0.000%
−$9.31
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$2.03
Costs to cover
0.170%
Break-even
7.6 days
Slippage unknown: Ondo Perps: no order-book sample; KuCoin: live order book, 4 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 KuCoin live order book, 4 min ago1.66 bp15.2 bp −$15535.0 bp −$5,350doesn't fitdoesn't fit
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%1h3.0072−0.053%$35K20xas long as short
gTrade (Gains Network) NATGAS/USDL 0.0000% / S 0.0000%1h2.8455−5.427%as long as short
SunX NATGAS-USDT0.0000%4h3.0092+0.013%$2K$2.4M20xas long as short
HTX NATGAS-USDT0.0000%4h3.0092+0.013%$117K$217K75xas long as short
QFEX NATGAS-USD+0.0004%1h3.0070−0.060%$660K$96K20xas long as short
Lighter NATGAS+0.0032%1h3.0080−0.027%$632K$495K10xas long as short
Extended XNG-USD+0.0032%1h3.0068−0.068%$111K$271K5xas long as short
Vest NG-PERP+0.0046%1h3.0070−0.060%$14K10xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h3.0075−0.043%$6.0M$5.2M10xas long as short
Ondo Perps NATGAS-USD.Plong+0.0050%1h3.0088long leg$83K$26K10x
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex NG-USD-PERP+0.0051%8h3.0078−0.033%$5K5xas long as short
GRVT NATGAS_USDT_Perp+0.0076%4h3.0050−0.126%$15K$222K25xas long as short
Pacifica NATGAS+0.0100%1h3.0071−0.058%$70K$32K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0100+0.040%$37K$216K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.292%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0070−0.060%$1.5M$91K10xas long as short
KuCoin NATGASUSDTMshort+0.0166%4h3.0060−0.093%$1.0M$885K20x
Aster NATGASUSDT+0.0183%4h3.0068−0.068%$265K$65K50xas long as short
Variational Omni NATGAS+0.0393%4h3.0069−0.062%$319K$390Kas long as short
Binance NATGASUSDT+0.0418%4h3.0070−0.060%$10.4M$28.4M100xas long as short
edgeX NATGASUSDC+0.0438%4h3.0067−0.071%$85K$213K20xas long as short
Gate NG_USDT+0.0578%8h3.0090+0.007%$1.5M$195K100xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0578% / S −0.0591%1h3.0075−0.043%$88K45xas long as short
BloFin NG-USDT+0.0611%8h3.0060−0.093%$82K$198K20xas long as short
OKX NG-USDT-SWAP+0.0613%8h3.0040−0.160%$852K$1.8M50xas long as short
Kraken Futures PF_NATGASUSD+0.0860%1h3.0090+0.007%$56K$35K20xas long as short
Bitget NATGASUSDT+0.0866%4h3.0040−0.160%$9.9M$3.0M100xas long as short