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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.5% APRpaid last 24h −0.005%
Price spread now: Paradex against Ondo Perps+0.106%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 · Paradex: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.106% dearer against Ondo Perps than usual: you sell high and buy low, +$11 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps NATGAS-USD.P3.00560.0050pay 0.0006% / 1h23m 08s$83K$26K10x
ShortParadex NG-USD-PERP3.00880.0055get 0.0055% / 8h1h 23m$5K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
$0.91
Price spread: +0.106% → 0.000%
$10.64
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Paradex: 2 bp × 2 orders
−$4
Net
$2.55
Costs to cover
0.090%
Break-even
from the start
Slippage unknown: Ondo Perps: no order-book sample; Paradex: 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 Paradex no order-book sample
Ondo Perps and Paradex: 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%1h2.8459−5.313%as long as short
SunX NATGAS-USDT0.0000%4h3.0092+0.120%$2K$2.4M20xas long as short
QFEX NATGAS-USD+0.0002%1h3.0070+0.047%$660K$96K20xas long as short
Lighter NATGAS+0.0032%1h3.0079+0.077%$630K$502K10xas long as short
Extended XNG-USD+0.0032%1h3.0066+0.034%$111K$283K5xas long as short
Vest NG-PERP+0.0046%1h3.0070+0.047%$14K10xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h3.0068+0.040%$6.0M$5.4M10xas long as short
Ondo Perps NATGAS-USD.Plong+0.0050%1h3.0056long leg$83K$26K10x
HTX NATGAS-USDT+0.0054%4h3.0089+0.110%$107K$201K75xas long as short
Paradex NG-USD-PERPshort+0.0055%8h3.0088+0.106%$5K5x
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NATGAS+0.0100%1h3.0053−0.010%$68K$33K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0100+0.146%$37K$217K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0100+0.146%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0080+0.080%$1.5M$93K10xas long as short
GRVT NATGAS_USDT_Perp+0.0152%4h3.0064+0.027%$22K$210K25xas long as short
Hotstuff NATGAS-PERP+0.0184%1h3.0072+0.053%$35K20xas long as short
KuCoin NATGASUSDTM+0.0256%4h3.0050−0.020%$1.0M$915K20xas long as short
Aster NATGASUSDT+0.0281%4h3.0092+0.120%$265K$70K50xas long as short
Variational Omni NATGAS+0.0508%4h3.0070+0.046%$319K$393Kas long as short
Binance NATGASUSDT+0.0523%4h3.0076+0.066%$10.3M$28.6M100xas long as short
edgeX NATGASUSDC+0.0547%4h3.0070+0.046%$85K$211K20xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0554% / S −0.0561%1h3.0075+0.063%$88K45xas long as short
Gate NG_USDT+0.0624%8h3.0090+0.113%$1.5M$196K100xas long as short
OKX NG-USDT-SWAP+0.0653%8h3.0080+0.080%$877K$1.8M50xas long as short
BloFin NG-USDT+0.0679%8h3.0070+0.047%$83K$198K20xas long as short
Bitget NATGASUSDT+0.0954%4h3.0050−0.020%$9.9M$3.1M100xas long as short
Kraken Futures PF_NATGASUSD+0.0986%1h3.0086+0.101%$56K$35K20xas long as short