Spread before costs (cost unknown: a leg has no order-book sample)−0.071%
7d average—if it closes, per $10,000$7funding while held, a day−$1.49
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica NATGAS | 3.0085 | 0.0100 | pay 0.0013% / 1h | 35m 10s | $83K | $18K | 10x |
| Short | Ondo Perps NATGAS-USD.P | 3.0064 | 0.0050 | get 0.0006% / 1h | 35m 10s | $87K | $68K | 10x |
Pacifica NATGAS
Ondo Perps NATGAS-USD.PPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$7.1
- Funding while held
- −$1.49
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$21.59
- Spread needed to break even
- 0.130%
Slippage unknown: Pacifica: no order-book sample; Ondo Perps: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0050%
- Per $10,000 a day
- −$1.49
- Average in range /8h
- —
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 Pacifica no order-book sample | — | — | — | — | — |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Pacifica and 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 price on every exchange
against the cheapest. Click to use as the short leg.gTrade (Gains Network)2.8461cheapest
gTrade (Gains Network)Vest2.8480+0.067%
Bitget3.0040+5.548%edgeX3.0045+5.564%Hotstuff3.0057+5.608%Aster3.0061+5.623%
Vest
Bitget
Hotstuff
AsterOndo Perps3.0064+5.632%
OKX3.0070+5.653%KuCoin3.0070+5.653%Binance3.0075+5.671%GMX3.0075+5.671%Extended3.0077+5.679%tradeXYZ3.0080+5.688%Phemex3.0080+5.688%BloFin3.0080+5.688%Lighter3.0081+5.692%Variational Omni3.0084+5.702%
OKX
KuCoin
Binance
GMX
Extended
tradeXYZ
Phemex
BloFin
Lighter
Variational OmniPacifica3.0085+5.707%
QFEX3.0090+5.724%HTX3.0091+5.727%SunX3.0092+5.731%Paradex3.0096+5.744%Kraken Futures3.0098+5.751%Gate3.0100+5.759%ApeX Omni3.0100+5.759%Orderly3.0100+5.759%
QFEX
HTX
SunX
Paradex
Kraken Futures
Gate
ApeX Omni
OrderlyNATGAS on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) NATGAS/USD | −5.399% | L 0.0000% / S 0.0000% | 1h | — | — | — | as long as short |
| Vest NG-PERP | −5.336% | +0.0046% | 1h | — | $378 | 10x | as long as short |
| Bitget NATGASUSDT | −0.151% | +0.0630% | 4h | $10.0M | $3.9M | 100x | as long as short |
| edgeX NATGASUSDC | −0.136% | +0.0129% | 4h | $85K | $213K | 20x | as long as short |
| Hotstuff NATGAS-PERP | −0.094% | −0.0080% | 1h | $35K | — | 20x | as long as short |
| Aster NATGASUSDT | −0.080% | +0.0031% | 4h | $265K | $102K | 50x | as long as short |
| Ondo Perps NATGAS-USD.Pshort | −0.071% | +0.0050% | 1h | $87K | $68K | 10x | |
| OKX NG-USDT-SWAP | −0.051% | +0.0288% | 8h | $897K | $1.7M | 50x | as long as short |
| KuCoin NATGASUSDTM | −0.051% | +0.0100% | 4h | $1.0M | $948K | 20x | as long as short |
| Binance NATGASUSDT | −0.035% | +0.0118% | 4h | $10.1M | $27.8M | 100x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| GMX NATGAS/USD [ETH-USDC] | −0.034% | L +0.0548% / S −0.0638% | 1h | $82K | — | 45x | as long as short |
| Extended XNG-USD | −0.027% | +0.0032% | 1h | $118K | $1.4M | 5x | as long as short |
| tradeXYZ xyz:NATGAS | −0.018% | +0.0050% | 1h | $5.7M | $5.8M | 10x | as long as short |
| Phemex NGUSDT | −0.018% | +0.0100% | 4h | $1.5M | $85K | 10x | as long as short |
| BloFin NG-USDT | −0.018% | +0.0277% | 8h | $85K | $178K | 20x | as long as short |
| Lighter NATGAS | −0.014% | +0.0032% | 1h | $623K | $392K | 10x | as long as short |
| Variational Omni NATGAS | −0.005% | +0.0050% | 4h | $659K | $147K | — | as long as short |
| Pacifica NATGASlong | 0.000% | +0.0100% | 1h | $83K | $18K | 10x | |
| QFEX NATGAS-USD | +0.015% | 0.0000% | 1h | $660K | $138K | 20x | as long as short |
| HTX NATGAS-USDT | +0.019% | 0.0000% | 4h | $98K | $224K | 75x | as long as short |
| SunX NATGAS-USDT | +0.022% | 0.0000% | 4h | $2K | $2.7M | 20x | as long as short |
| Paradex NG-USD-PERP | +0.035% | +0.0050% | 8h | $5K | — | 5x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.041% | +0.0658% | 1h | $54K | $58K | 20x | as long as short |
| Gate NG_USDT | +0.049% | +0.0345% | 8h | $1.5M | $375K | 100x | as long as short |
| ApeX Omni NATGASUSDT | +0.049% | +0.0100% | 1h | $37K | $221K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.049% | +0.0100% | 8h | $3K | $12 | 10x | as long as short |