NATGAS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0049%/8h= +5.3% APRnext payment +$0.49 per $10,000 · paid last 24h +0.014%

Price spread now: Orderly against Paradex−0.245%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Paradex Short on Orderly

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Funding pays, the price is against you. Orderly is 0.245% cheaper against Paradex than usual: you would sell low and buy high (spread −0.245% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$25 on $10k: about 17 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex NG-USD-PERP	3.0074	0.0051	pay 0.0051% / 8h	32m 57s	$5K	—	5x
Short	Orderly PERP_NATGAS_USDC_mythos	3.0000	0.0100	get 0.0100% / 8h	32m 57s	$3K	$544	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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

Position, each leg$Hold fordaysFee ParadexbpFee OrderlybpOrdersPrice spread, now −0.245%Rate

Funding earned: $10.19
Price spread: −0.245% → 0.000%: −$24.5
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$24.32
Costs to cover: 0.100%
Break-even: 23.7 days

Slippage unknown: Paradex: no order-book sample; Orderly: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Paradex no order-book sample	—	—	—	—	—
Sell Orderly no order-book sample	—	—	—	—	—

Paradex and Orderly: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff NATGAS-PERP	−0.0088%	1h	3.0072	−0.006%	$35K	—	20x	as long as short
gTrade (Gains Network) NATGAS/USD	L 0.0000% / S 0.0000%	1h	2.8450	−5.399%	—	—	—	as long as short
SunX NATGAS-USDT	0.0000%	4h	3.0082	+0.028%	$2K	$2.4M	20x	as long as short
HTX NATGAS-USDT	0.0000%	4h	3.0073	−0.002%	$117K	$216K	75x	as long as short
QFEX NATGAS-USD	+0.0004%	1h	3.0070	−0.012%	$660K	$96K	20x	as long as short
Lighter NATGAS	+0.0032%	1h	3.0079	+0.018%	$632K	$494K	10x	as long as short
Extended XNG-USD	+0.0032%	1h	3.0068	−0.019%	$111K	$271K	5x	as long as short
Vest NG-PERP	+0.0046%	1h	3.0070	−0.012%	—	$14K	10x	as long as short
tradeXYZ xyz:NATGAS	+0.0050%	1h	3.0078	+0.014%	$6.0M	$5.2M	10x	as long as short
Ondo Perps NATGAS-USD.P	+0.0050%	1h	3.0081	+0.024%	$83K	$26K	10x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex NG-USD-PERPlong	+0.0051%	8h	3.0074	long leg	$5K	—	5x
GRVT NATGAS_USDT_Perp	+0.0076%	4h	3.0050	−0.079%	$15K	$222K	25x	as long as short
Pacifica NATGAS	+0.0100%	1h	3.0064	−0.033%	$70K	$32K	10x	as long as short
ApeX Omni NATGASUSDT	+0.0100%	1h	3.0000	−0.245%	$37K	$216K	50x	as long as short
Orderly PERP_NATGAS_USDC_mythosshort	+0.0100%	8h	3.0000	−0.245%	$3K	$544	10x
Phemex NGUSDT	+0.0100%	4h	3.0080	+0.021%	$1.5M	$91K	10x	as long as short
KuCoin NATGASUSDTM	+0.0170%	4h	3.0060	−0.046%	$1.0M	$886K	20x	as long as short
Aster NATGASUSDT	+0.0185%	4h	3.0064	−0.032%	$265K	$65K	50x	as long as short
Variational Omni NATGAS	+0.0402%	4h	3.0069	−0.015%	$319K	$390K	—	as long as short
Binance NATGASUSDT	+0.0421%	4h	3.0070	−0.012%	$10.4M	$28.5M	100x	as long as short
edgeX NATGASUSDC	+0.0441%	4h	3.0054	−0.065%	$85K	$212K	20x	as long as short
GMX NATGAS/USD [ETH-USDC]	L +0.0577% / S −0.0589%	1h	3.0075	+0.004%	$88K	—	45x	as long as short
Gate NG_USDT	+0.0579%	8h	3.0090	+0.054%	$1.5M	$195K	100x	as long as short
BloFin NG-USDT	+0.0615%	8h	3.0060	−0.046%	$82K	$198K	20x	as long as short
OKX NG-USDT-SWAP	+0.0619%	8h	3.0050	−0.079%	$854K	$1.8M	50x	as long as short
Kraken Futures PF_NATGASUSD	+0.0860%	1h	3.0090	+0.055%	$56K	$36K	20x	as long as short
Bitget NATGASUSDT	+0.0870%	4h	3.0040	−0.112%	$9.9M	$3.0M	100x	as long as short