Funding you earn now, next payment 10:00 UTC+0.0086%/8h= +9.4% APRpaid last 24h +0.040%
Price spread now: KuCoin against ApeX Omni−0.100%52s7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$185as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1931.928% of the position
Funding, last 7 days+0.074%+$7 on $10k
+Price spread, last 4 days (all we have)+0.155%+$15 · spread now −0.100%, 7d avg −0.030%
=Funding pays, the price is against you. KuCoin is 0.070% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.100% now, against its 7-day average of −0.030%). If the spread goes back, that is −$7 on $10k: about 2.7 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.074% in total) that is about 6.6 days. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| 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 | 16m 42s | $37K | $213K | 50x |
| Short | KuCoin NATGASUSDTM | 2.9970 | 0.0186 | get 0.0093% / 4h | 2h 16m | $1.1M | $820K | 20x |
ApeX Omni NATGASUSDT
KuCoin NATGASUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $18.06
- Price spread: −0.100% → −0.030%
- −$7.03
- Slippage, 4 orders
- −$170.81
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$181.79
- Costs to cover
- 1.928%
- Break-even
- 77.5 days
Slippage from ApeX Omni: live order book, 32 min ago; KuCoin: live order book, 1 min ago.
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, 32 min ago | 33.33 bp | 71.3 bp −$71 | 259.3 bp −$2,593 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 3.34 bp | 23.0 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
NATGAS on 27 exchanges
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 | −0.0072% | 1h | 2.9973 | −0.090% | $35K | — | 20x | as long as short |
| GRVT NATGAS_USDT_Perp | 0.0000% | 4h | 2.9961 | −0.130% | $20K | $208K | 25x | as long as short |
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8355 | −5.483% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 2.9992 | −0.027% | $2K | $1.8M | 20x | as long as short |
| HTX NATGAS-USDT | 0.0000% | 4h | 2.9982 | −0.060% | $118K | $221K | 75x | as long as short |
| QFEX NATGAS-USD | +0.0024% | 1h | 2.9970 | −0.100% | $660K | $98K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 2.9977 | −0.077% | $681K | $756K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 2.9964 | −0.119% | $141K | $361K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 2.9990 | −0.033% | — | $14K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 2.9976 | −0.080% | $6.0M | $5.7M | 10x | as long as short |
Hotstuff NATGAS-PERP
GRVT NATGAS_USDT_Perp
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
HTX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
Vest NG-PERP
tradeXYZ xyz:NATGASShow all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 2.9955 | −0.150% | $84K | $28K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0053% | 8h | 2.9983 | −0.056% | $5K | — | 5x | as long as short |
| Aster NATGASUSDT | +0.0063% | 4h | 2.9997 | −0.011% | $258K | $74K | 50x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 2.9960 | −0.133% | $68K | $39K | 10x | as long as short |
| ApeX Omni NATGASUSDTlong | +0.0100% | 1h | 3.0000 | long leg | $37K | $213K | 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 | 2.9970 | −0.100% | $1.5M | $92K | 10x | as long as short |
| KuCoin NATGASUSDTMshort | +0.0186% | 4h | 2.9970 | −0.100% | $1.1M | $820K | 20x | |
| Variational Omni NATGAS | +0.0217% | 4h | 2.9969 | −0.104% | $355K | $429K | — | as long as short |
| Binance NATGASUSDT | +0.0250% | 4h | 2.9970 | −0.100% | $9.7M | $31.6M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0269% | 4h | 2.9969 | −0.105% | $85K | $212K | 20x | as long as short |
| Gate NG_USDT | +0.0276% | 8h | 3.0010 | +0.033% | $1.5M | $204K | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0298% | 1h | 2.9976 | −0.080% | $54K | $46K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0412% | 8h | 2.9970 | −0.100% | $838K | $2.0M | 50x | as long as short |
| BloFin NG-USDT | +0.0416% | 8h | 2.9970 | −0.100% | $78K | $198K | 20x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0538% / S −0.0542% | 1h | 2.9975 | −0.083% | $88K | — | 45x | as long as short |
| Bitget NATGASUSDT | +0.0776% | 4h | 2.9940 | −0.200% | $9.9M | $2.9M | 100x | as long as short |
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
Aster NATGASUSDT
Pacifica NATGAS
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
Gate NG_USDT
Kraken Futures PF_NATGASUSD
OKX NG-USDT-SWAP
BloFin NG-USDT
GMX NATGAS/USD [ETH-USDC]
Bitget NATGASUSDT