Funding you earn now, next payment 02:00 UTC+0.0475%/8h= +52.0% APRpaid last 24h +0.074%
Price spread now: Kraken Futures against edgeX+0.118%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+0.331%+$33 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Kraken Futures is 0.118% dearer against edgeX than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.331% in total (about 17.3% a year). A funding rate is set anew for every payment. 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 | edgeX NATGASUSDC | 3.0030 | 0.0349 | pay 0.0175% / 4h | 2h 39m | $85K | $211K | 20x |
| Short | Kraken Futures PF_NATGASUSD | 3.0066 | 0.0824 | get 0.0103% / 1h | 39m 09s | $54K | $37K | 20x |
edgeX NATGASUSDC
Kraken Futures PF_NATGASUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against edgeX. 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
- $99.74
- Price spread: +0.118% → 0.000%
- $11.81
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $92.55
- Costs to cover
- 0.190%
- Break-even
- 0.5 days
Slippage unknown: edgeX: live order book, 28 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 edgeX live order book, 28 min ago | 13.33 bp | 33.6 bp −$34 | 42.9 bp −$429 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff NATGAS-PERP | 0.0000% | 1h | 3.0020 | −0.033% | $35K | — | 20x | as long as short |
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8400 | −5.428% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0061 | +0.103% | $2K | $2.6M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0019% | 1h | 3.0030 | 0.000% | $659K | $86K | 20x | as long as short |
| Extended XNG-USD | +0.0040% | 1h | 3.0017 | −0.045% | $110K | $450K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0030 | 0.000% | — | $378 | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0027 | −0.010% | $5.9M | $5.9M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0022 | −0.027% | $82K | $27K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0058% | 8h | 3.0039 | +0.031% | $5K | — | 5x | as long as short |
| Lighter NATGAS | +0.0088% | 1h | 3.0039 | +0.030% | $618K | $444K | 10x | as long as short |
Hotstuff NATGAS-PERP
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Extended XNG-USD
Vest NG-PERP
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
Lighter NATGASShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGAS | +0.0100% | 1h | 3.0037 | +0.022% | $68K | $33K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0100% | 4h | 3.0030 | 0.000% | $1.0M | $1.1M | 20x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.100% | $37K | $217K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.100% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0040 | +0.033% | $1.5M | $94K | 10x | as long as short |
| Aster NATGASUSDT | +0.0165% | 4h | 3.0030 | 0.000% | $266K | $73K | 50x | as long as short |
| HTX NATGAS-USDT | +0.0235% | 4h | 3.0064 | +0.113% | $98K | $213K | 75x | as long as short |
| Variational Omni NATGAS | +0.0284% | 4h | 3.0030 | +0.001% | $312K | $443K | — | as long as short |
| BloFin NG-USDT | +0.0307% | 8h | 2.9980 | −0.167% | $81K | $188K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0321% | 8h | 3.0020 | −0.033% | $868K | $1.7M | 50x | as long as short |
| edgeX NATGASUSDClong | +0.0349% | 4h | 3.0030 | long leg | $85K | $211K | 20x | |
| Binance NATGASUSDT | +0.0363% | 4h | 3.0040 | +0.033% | $10.2M | $29.0M | 100x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0396% | 4h | 3.0023 | −0.024% | $12K | $214K | 25x | as long as short |
| Gate NG_USDT | +0.0403% | 8h | 3.0060 | +0.100% | $1.5M | $218K | 100x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0419% / S −0.0356% | 1h | 3.0045 | +0.050% | $92K | — | 45x | as long as short |
| Bitget NATGASUSDT | +0.0578% | 4h | 3.0010 | −0.067% | $9.9M | $3.5M | 100x | as long as short |
| Kraken Futures PF_NATGASUSDshort | +0.0824% | 1h | 3.0066 | +0.118% | $54K | $37K | 20x |
Pacifica NATGAS
KuCoin NATGASUSDTM
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Aster NATGASUSDT
HTX NATGAS-USDT
Variational Omni NATGAS
BloFin NG-USDT
OKX NG-USDT-SWAP
Binance NATGASUSDT
GRVT NATGAS_USDT_Perp
Gate NG_USDT
GMX NATGAS/USD [ETH-USDC]
Bitget NATGASUSDT