Funding you earn now, next payment 06:00 UTC+0.1081%/8h= +118.3% APRnext payment +$1.35 per $10,000 · paid last 24h +0.191%
Price spread now: Kraken Futures against ApeX Omni+0.287%75s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.527%+$53 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$32 a day on $10k at the current rate, and Kraken Futures is 0.287% dearer against ApeX Omni than usual: you sell high and buy low: +$29 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.527% in total (about 27.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.35 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni NATGASUSDT | 3.0000 | 0.0100 | pay 0.0013% / 1h | 24m 06s | $37K | $218K | 50x |
| Short | Kraken Futures PF_NATGASUSD | 3.0086 | 0.1181 | get 0.0148% / 1h | 24m 06s | $56K | $35K | 20x |
ApeX Omni NATGASUSDT
Kraken Futures PF_NATGASUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against ApeX Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $226.92
- Price spread: +0.287% → 0.000%
- $28.67
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $235.59
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: ApeX Omni: live order book, 22 min ago; Kraken Futures: 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 ApeX Omni live order book, 22 min ago | 16.64 bp | 52.3 bp −$52 | 271.1 bp −$2,711 | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Kraken Futures: 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8461 | −5.130% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0082 | +0.273% | $2K | $2.4M | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0067 | +0.223% | $629K | $504K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0054 | +0.179% | $110K | $334K | 5x | as long as short |
| QFEX NATGAS-USD | +0.0033% | 1h | 3.0060 | +0.200% | $660K | $96K | 20x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0060 | +0.200% | — | $14K | 10x | as long as short |
| Hotstuff NATGAS-PERP | +0.0048% | 1h | 3.0062 | +0.207% | $35K | — | 20x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0070 | +0.233% | $83K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0069% | 8h | 3.0074 | +0.248% | $5K | — | 5x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0071% | 1h | 3.0058 | +0.193% | $6.0M | $5.6M | 10x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
Lighter NATGAS
Extended XNG-USD
QFEX NATGAS-USD
Vest NG-PERP
Hotstuff NATGAS-PERP
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
tradeXYZ xyz:NATGASShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGAS | +0.0100% | 1h | 3.0047 | +0.157% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDTlong | +0.0100% | 1h | 3.0000 | long leg | $37K | $218K | 50x | |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | 0.000% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0060 | +0.200% | $1.5M | $93K | 10x | as long as short |
| HTX NATGAS-USDT | +0.0211% | 4h | 3.0073 | +0.243% | $107K | $212K | 75x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0240% | 4h | 3.0041 | +0.135% | $13K | $212K | 25x | as long as short |
| KuCoin NATGASUSDTM | +0.0354% | 4h | 3.0040 | +0.133% | $1.0M | $957K | 20x | as long as short |
| Aster NATGASUSDT | +0.0386% | 4h | 3.0076 | +0.253% | $264K | $75K | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0521% / S −0.0467% | 1h | 3.0065 | +0.217% | $92K | — | 45x | as long as short |
| Variational Omni NATGAS | +0.0592% | 4h | 3.0050 | +0.167% | $317K | $432K | — | as long as short |
| Gate NG_USDT | +0.0596% | 8h | 3.0090 | +0.300% | $1.5M | $195K | 100x | as long as short |
| Binance NATGASUSDT | +0.0617% | 4h | 3.0060 | +0.200% | $10.3M | $28.3M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0638% | 4h | 3.0050 | +0.167% | $85K | $212K | 20x | as long as short |
| BloFin NG-USDT | +0.0644% | 8h | 3.0040 | +0.133% | $82K | $195K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0656% | 8h | 3.0050 | +0.167% | $867K | $1.7M | 50x | as long as short |
| Bitget NATGASUSDT | +0.1016% | 4h | 3.0040 | +0.133% | $9.9M | $3.2M | 100x | as long as short |
| Kraken Futures PF_NATGASUSDshort | +0.1181% | 1h | 3.0086 | +0.287% | $56K | $35K | 20x |
Pacifica NATGAS
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
HTX NATGAS-USDT
GRVT NATGAS_USDT_Perp
KuCoin NATGASUSDTM
Aster NATGASUSDT
GMX NATGAS/USD [ETH-USDC]
Variational Omni NATGAS
Gate NG_USDT
Binance NATGASUSDT
edgeX NATGASUSDC
BloFin NG-USDT
OKX NG-USDT-SWAP
Bitget NATGASUSDT