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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0023%/8h= −2.5% APRpaid last 24h +0.005%
Price spread now: Ondo Perps against Paradex−0.082%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · Ondo Perps: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Ondo Perps is 0.082% cheaper against Paradex than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex NG-USD-PERP3.00240.0073pay 0.0073% / 8h3h 37m$5K5x
ShortOndo Perps NATGAS-USD.P2.99990.0050get 0.0006% / 1h37m 24s$82K$26K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Paradex. 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
−$4.77
Price spread: −0.082% → 0.000%
−$8.17
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$21.93
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; Ondo Perps: 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 Paradex no order-book sample
Sell Ondo Perps no order-book sample
Paradex 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 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%1h2.8404−5.394%as long as short
SunX NATGAS-USDT0.0000%4h3.0041+0.058%$2K$2.4M20xas long as short
Hotstuff NATGAS-PERP+0.0008%1h3.0009−0.048%$35K20xas long as short
QFEX NATGAS-USD+0.0009%1h3.0020−0.012%$669K$91K20xas long as short
Lighter NATGAS+0.0032%1h3.0003−0.068%$626K$501K10xas long as short
Extended XNG-USD+0.0032%1h2.9998−0.086%$110K$391K5xas long as short
Vest NG-PERP+0.0046%1h3.0010−0.045%$14K10xas long as short
Ondo Perps NATGAS-USD.Pshort+0.0050%1h2.9999−0.082%$82K$26K10x
tradeXYZ xyz:NATGAS+0.0063%1h3.0015−0.028%$6.0M$5.7M10xas long as short
Paradex NG-USD-PERPlong+0.0073%8h3.0024long leg$5K5x
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NATGAS+0.0100%1h2.9991−0.108%$68K$33K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.078%$37K$218K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.078%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0020−0.012%$1.5M$93K10xas long as short
KuCoin NATGASUSDTM+0.0328%4h3.0010−0.045%$1.0M$1.0M20xas long as short
Aster NATGASUSDT+0.0376%4h3.0038+0.048%$263K$74K50xas long as short
HTX NATGAS-USDT+0.0390%4h3.0054+0.102%$107K$213K75xas long as short
GRVT NATGAS_USDT_Perp+0.0444%4h3.0019−0.014%$12K$230K25xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0473% / S −0.0415%1h3.0025+0.005%$92K45xas long as short
Gate NG_USDT+0.0531%8h3.0050+0.088%$1.5M$192K100xas long as short
BloFin NG-USDT+0.0538%8h3.0020−0.012%$81K$193K20xas long as short
OKX NG-USDT-SWAP+0.0559%8h3.0010−0.045%$862K$1.7M50xas long as short
Variational Omni NATGAS+0.0576%4h3.0020−0.013%$316K$449Kas long as short
edgeX NATGASUSDC+0.0598%4h3.0012−0.038%$85K$212K20xas long as short
Binance NATGASUSDT+0.0598%4h3.0027+0.011%$10.2M$28.4M100xas long as short
Kraken Futures PF_NATGASUSD+0.0856%1h3.0038+0.047%$56K$35K20xas long as short
Bitget NATGASUSDT+0.0978%4h2.9990−0.112%$9.9M$3.2M100xas long as short