Funding you earn now, next payment 08:00 UTC−0.0670%/8h= −73.4% APRnext payment −$3.35 per $10,000 · paid last 24h −0.160%
Price spread now: KuCoin against Bitget+0.033%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$530.526% of the position
Funding, last 7 days−0.903%−$90 on $10k
+Price spread, last 7 days−0.104%−$10 · spread now +0.033%, 7d avg −0.002%
=The price spread pays, funding is against you. KuCoin is 0.036% dearer against Bitget than usual: you sell high and buy low (spread +0.033% now, against its 7-day average of −0.002%): +$4 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 4 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget NATGASUSDT | 3.0040 | 0.0988 | pay 0.0494% / 4h | 2h 08m | $9.9M | $3.2M | 100x |
| Short | KuCoin NATGASUSDTM | 3.0050 | 0.0318 | get 0.0159% / 4h | 2h 08m | $1.0M | $945K | 20x |
Bitget NATGASUSDT
KuCoin NATGASUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$140.7
- Price spread: +0.033% → −0.002%
- $3.56
- Slippage, 4 orders
- −$28.57
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$189.71
- Costs to cover
- 0.526%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 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 Bitget live order book, 5 min ago | 1.66 bp | 11.0 bp −$11 | 23.5 bp −$235 | 55.0 bp −$5,502 | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 1.66 bp | 15.7 bp −$16 | 529.8 bp −$5,298 | doesn't fit | doesn't fit |
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 | 2.8454 | −5.280% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0082 | +0.140% | $2K | $2.4M | 20x | as long as short |
| Hotstuff NATGAS-PERP | +0.0016% | 1h | 3.0073 | +0.110% | $35K | — | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0062 | +0.073% | $629K | $504K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0065 | +0.083% | $110K | $333K | 5x | as long as short |
| QFEX NATGAS-USD | +0.0033% | 1h | 3.0050 | +0.033% | $660K | $96K | 20x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0060 | +0.067% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0049 | +0.030% | $83K | $26K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0059% | 1h | 3.0075 | +0.117% | $6.0M | $5.5M | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0063% | 8h | 3.0076 | +0.118% | $5K | — | 5x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
Hotstuff NATGAS-PERP
Lighter NATGAS
Extended XNG-USD
QFEX NATGAS-USD
Vest NG-PERP
Ondo Perps NATGAS-USD.P
tradeXYZ xyz:NATGAS
Paradex NG-USD-PERPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGAS | +0.0100% | 1h | 3.0059 | +0.063% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.133% | $37K | $218K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.133% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0070 | +0.100% | $1.5M | $93K | 10x | as long as short |
| HTX NATGAS-USDT | +0.0135% | 4h | 3.0081 | +0.136% | $107K | $212K | 75x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0170% | 4h | 3.0052 | +0.040% | $13K | $212K | 25x | as long as short |
| KuCoin NATGASUSDTMshort | +0.0318% | 4h | 3.0050 | +0.033% | $1.0M | $945K | 20x | |
| Aster NATGASUSDT | +0.0340% | 4h | 3.0095 | +0.182% | $265K | $75K | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0528% / S −0.0528% | 1h | 3.0065 | +0.083% | $88K | — | 45x | as long as short |
| Variational Omni NATGAS | +0.0561% | 4h | 3.0060 | +0.066% | $317K | $432K | — | as long as short |
| Binance NATGASUSDT | +0.0582% | 4h | 3.0079 | +0.130% | $10.3M | $28.5M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0592% | 4h | 3.0060 | +0.066% | $85K | $212K | 20x | as long as short |
| Gate NG_USDT | +0.0611% | 8h | 3.0090 | +0.166% | $1.5M | $196K | 100x | as long as short |
| BloFin NG-USDT | +0.0652% | 8h | 3.0070 | +0.100% | $81K | $195K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0653% | 8h | 3.0050 | +0.033% | $867K | $1.7M | 50x | as long as short |
| Bitget NATGASUSDTlong | +0.0988% | 4h | 3.0040 | long leg | $9.9M | $3.2M | 100x | |
| Kraken Futures PF_NATGASUSD | +0.1181% | 1h | 3.0083 | +0.143% | $56K | $35K | 20x | as long as short |
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
HTX NATGAS-USDT
GRVT NATGAS_USDT_Perp
Aster NATGASUSDT
GMX NATGAS/USD [ETH-USDC]
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
Gate NG_USDT
BloFin NG-USDT
OKX NG-USDT-SWAP
Kraken Futures PF_NATGASUSD