Funding you earn now, next payment 07:00 UTC+0.0018%/8h= +1.9% APRpaid last 24h −0.012%
Price spread now: Kraken Futures against Bitget+0.233%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.432%−$43 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 +$1 a day on $10k at the current rate, and Kraken Futures is 0.233% dearer against Bitget than usual: you sell high and buy low: +$23 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.432%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget NATGASUSDT | 3.0040 | 0.0968 | pay 0.0484% / 4h | 1h 49m | $9.9M | $3.1M | 100x |
| Short | Kraken Futures PF_NATGASUSD | 3.0110 | 0.0986 | get 0.0123% / 1h | 49m 59s | $56K | $35K | 20x |
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Bitget. 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
- $3.71
- Price spread: +0.233% → 0.000%
- $23.3
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $5.01
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: Bitget: live order book, 3 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 Bitget live order book, 3 min ago | 1.66 bp | 11.8 bp −$12 | 22.0 bp −$220 | 43.3 bp −$4,335 | 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 | 2.8480 | −5.193% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0112 | +0.240% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0002% | 1h | 3.0090 | +0.166% | $660K | $96K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0090 | +0.166% | $630K | $500K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0065 | +0.084% | $110K | $332K | 5x | as long as short |
| HTX NATGAS-USDT | +0.0036% | 4h | 3.0087 | +0.156% | $107K | $209K | 75x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0090 | +0.166% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0101 | +0.203% | $83K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0059% | 8h | 3.0109 | +0.228% | $5K | — | 5x | as long as short |
| Hotstuff NATGAS-PERP | +0.0064% | 1h | 3.0100 | +0.200% | $35K | — | 20x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
HTX NATGAS-USDT
Vest NG-PERP
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
Hotstuff NATGAS-PERPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:NATGAS | +0.0067% | 1h | 3.0080 | +0.133% | $6.0M | $5.5M | 10x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0073 | +0.110% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0100 | +0.200% | $37K | $216K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0100 | +0.200% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0090 | +0.166% | $1.5M | $93K | 10x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0128% | 4h | 3.0100 | +0.200% | $22K | $210K | 25x | as long as short |
| KuCoin NATGASUSDTM | +0.0282% | 4h | 3.0060 | +0.067% | $1.0M | $936K | 20x | as long as short |
| Aster NATGASUSDT | +0.0300% | 4h | 3.0094 | +0.181% | $265K | $70K | 50x | as long as short |
| Variational Omni NATGAS | +0.0521% | 4h | 3.0090 | +0.167% | $318K | $432K | — | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0540% / S −0.0543% | 1h | 3.0095 | +0.183% | $88K | — | 45x | as long as short |
| Binance NATGASUSDT | +0.0544% | 4h | 3.0073 | +0.109% | $10.3M | $28.5M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0555% | 4h | 3.0087 | +0.156% | $85K | $212K | 20x | as long as short |
| Gate NG_USDT | +0.0628% | 8h | 3.0110 | +0.233% | $1.5M | $195K | 100x | as long as short |
| OKX NG-USDT-SWAP | +0.0652% | 8h | 3.0080 | +0.133% | $872K | $1.8M | 50x | as long as short |
| BloFin NG-USDT | +0.0663% | 8h | 3.0070 | +0.100% | $82K | $195K | 20x | as long as short |
| Bitget NATGASUSDTlong | +0.0968% | 4h | 3.0040 | long leg | $9.9M | $3.1M | 100x | |
| Kraken Futures PF_NATGASUSDshort | +0.0986% | 1h | 3.0110 | +0.233% | $56K | $35K | 20x |
tradeXYZ xyz:NATGAS
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
GRVT NATGAS_USDT_Perp
KuCoin NATGASUSDTM
Aster NATGASUSDT
Variational Omni NATGAS
GMX NATGAS/USD [ETH-USDC]
Binance NATGASUSDT
edgeX NATGASUSDC
Gate NG_USDT
OKX NG-USDT-SWAP
BloFin NG-USDT