Funding you earn now, next payment 05:00 UTC+0.0150%/8h= +16.4% APRpaid last 24h +0.062%
Price spread now: KuCoin against Extended+0.040%7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$390.387% of the position
Funding, last 7 days+0.038%+$4 on $10k
+Price spread, last 4 days (all we have)−0.141%−$14 · spread now +0.040%, 7d avg −0.033%
=Together, before fees−0.103%+ Points / potential airdropExtended: Active · farm board−$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and KuCoin is 0.073% dearer against Extended than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.033%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended XNG-USD | 3.0048 | 0.0216 | pay 0.0027% / 1h | 6m 17s | $110K | $364K | 5x |
| Short | KuCoin NATGASUSDTM | 3.0060 | 0.0366 | get 0.0183% / 4h | 3h 06m | $1.0M | $982K | 20x |
Extended XNG-USD
KuCoin NATGASUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Extended. 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
- $31.5
- Price spread: +0.040% → −0.033%
- $7.31
- Slippage, 4 orders
- −$21.68
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $0.14
- Costs to cover
- 0.387%
- Break-even
- 7.0 days
Slippage from Extended: live order book, 46 min ago; KuCoin: live order book, 3 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 Extended live order book, 46 min ago | 0.33 bp | 3.8 bp −$4 | 8.6 bp −$86 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 1.66 bp | 15.4 bp −$15 | 528.4 bp −$5,284 | doesn't fit | doesn't fit |
NATGAS on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0082 | +0.113% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0009% | 1h | 3.0060 | +0.040% | $660K | $96K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0058 | +0.033% | $629K | $503K | 10x | as long as short |
| Hotstuff NATGAS-PERP | +0.0032% | 1h | 3.0063 | +0.050% | $35K | — | 20x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0050 | +0.007% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0057 | +0.030% | $83K | $26K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0096% | 1h | 3.0059 | +0.037% | $6.0M | $5.6M | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0098% | 8h | 3.0076 | +0.093% | $5K | — | 5x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0050 | +0.007% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.160% | $37K | $218K | 50x | as long as short |
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Hotstuff NATGAS-PERP
Vest NG-PERP
Ondo Perps NATGAS-USD.P
tradeXYZ xyz:NATGAS
Paradex NG-USD-PERP
Pacifica NATGAS
ApeX Omni NATGASUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.160% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0070 | +0.073% | $1.5M | $93K | 10x | as long as short |
| Extended XNG-USDlong | +0.0216% | 1h | 3.0048 | long leg | $110K | $364K | 5x | |
| KuCoin NATGASUSDTMshort | +0.0366% | 4h | 3.0060 | +0.040% | $1.0M | $982K | 20x | |
| Aster NATGASUSDT | +0.0430% | 4h | 3.0060 | +0.040% | $264K | $74K | 50x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0462% | 4h | 3.0056 | +0.026% | $13K | $223K | 25x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0489% / S −0.0432% | 1h | 3.0065 | +0.057% | $92K | — | 45x | as long as short |
| HTX NATGAS-USDT | +0.0517% | 4h | 3.0083 | +0.117% | $107K | $212K | 75x | as long as short |
| Gate NG_USDT | +0.0556% | 8h | 3.0100 | +0.173% | $1.5M | $193K | 100x | as long as short |
| BloFin NG-USDT | +0.0585% | 8h | 3.0080 | +0.107% | $82K | $195K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0611% | 8h | 3.0060 | +0.040% | $867K | $1.7M | 50x | as long as short |
| Variational Omni NATGAS | +0.0636% | 4h | 3.0069 | +0.072% | $312K | $444K | — | as long as short |
| Binance NATGASUSDT | +0.0665% | 4h | 3.0060 | +0.040% | $10.3M | $28.2M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0676% | 4h | 3.0070 | +0.072% | $85K | $212K | 20x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0854% | 1h | 3.0079 | +0.104% | $56K | $35K | 20x | as long as short |
| Bitget NATGASUSDT | +0.1038% | 4h | 3.0040 | −0.026% | $9.9M | $3.2M | 100x | as long as short |
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Aster NATGASUSDT
GRVT NATGAS_USDT_Perp
GMX NATGAS/USD [ETH-USDC]
HTX NATGAS-USDT
Gate NG_USDT
BloFin NG-USDT
OKX NG-USDT-SWAP
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
Kraken Futures PF_NATGASUSD
Bitget NATGASUSDT