Funding you earn now, next payment 10:00 UTC+0.0298%/8h= +32.6% APRnext payment +$0.37 per $10,000 · paid last 24h +0.244%
Price spread now: Kraken Futures against gTrade (Gains Network)+5.691%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 1 day (all we have)—no history yet
+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 +$9 a day on $10k at the current rate, and Kraken Futures is 5.691% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$569 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) NATGAS/USD | 2.8356 | L 0.0000% / S 0.0000% | get 0.0000% / 1h | 9m 50s | — | — | — |
| Short | Kraken Futures PF_NATGASUSD | 2.9970 | 0.0298 | get 0.0037% / 1h | 9m 50s | $54K | $46K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against gTrade (Gains Network). 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
- $62.57
- Price spread: +5.691% → 0.000%
- $569.13
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $611.69
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
gTrade (Gains Network) and 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 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 | −0.0088% | 1h | 2.9988 | +5.755% | $35K | — | 20x | as long as short |
| GRVT NATGAS_USDT_Perp | 0.0000% | 4h | 2.9960 | +5.658% | $20K | $208K | 25x | as long as short |
| gTrade (Gains Network) NATGAS/USDlong | L 0.0000% / S 0.0000% | 1h | 2.8356 | long leg | — | — | — | |
| SunX NATGAS-USDT | 0.0000% | 4h | 2.9992 | +5.770% | $2K | $1.8M | 20x | as long as short |
| HTX NATGAS-USDT | 0.0000% | 4h | 2.9990 | +5.762% | $118K | $221K | 75x | as long as short |
| QFEX NATGAS-USD | +0.0024% | 1h | 2.9970 | +5.692% | $660K | $98K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 2.9976 | +5.713% | $681K | $758K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 2.9977 | +5.716% | $141K | $349K | 5x | as long as short |
| Aster NATGASUSDT | +0.0040% | 4h | 2.9997 | +5.787% | $258K | $74K | 50x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 2.9990 | +5.762% | — | $14K | 10x | as long as short |
Show all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 2.9975 | +5.710% | $6.0M | $4.9M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 2.9954 | +5.635% | $84K | $28K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0052% | 8h | 2.9980 | +5.728% | $5K | — | 5x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 2.9968 | +5.685% | $68K | $39K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | +5.798% | $37K | $214K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | +5.798% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 2.9970 | +5.692% | $1.5M | $92K | 10x | as long as short |
| Variational Omni NATGAS | +0.0176% | 4h | 2.9968 | +5.686% | $355K | $429K | — | as long as short |
| KuCoin NATGASUSDTM | +0.0178% | 4h | 2.9970 | +5.692% | $1.1M | $816K | 20x | as long as short |
| Binance NATGASUSDT | +0.0224% | 4h | 2.9960 | +5.657% | $9.7M | $31.7M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0269% | 4h | 2.9963 | +5.666% | $85K | $212K | 20x | as long as short |
| Gate NG_USDT | +0.0272% | 8h | 3.0000 | +5.798% | $1.5M | $205K | 100x | as long as short |
| Kraken Futures PF_NATGASUSDshort | +0.0298% | 1h | 2.9970 | +5.691% | $54K | $46K | 20x | |
| OKX NG-USDT-SWAP | +0.0401% | 8h | 2.9970 | +5.692% | $836K | $2.0M | 50x | as long as short |
| BloFin NG-USDT | +0.0418% | 8h | 2.9970 | +5.692% | $77K | $198K | 20x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0538% / S −0.0542% | 1h | 2.9975 | +5.710% | $88K | — | 45x | as long as short |
| Bitget NATGASUSDT | +0.0756% | 4h | 2.9940 | +5.586% | $9.9M | $2.9M | 100x | as long as short |
gTrade (Gains Network) NATGAS/USD
Kraken Futures PF_NATGASUSD
GRVT NATGAS_USDT_Perp
SunX NATGAS-USDT
HTX NATGAS-USDT
Lighter NATGAS
Extended XNG-USD
Aster NATGASUSDT
tradeXYZ xyz:NATGAS
Paradex NG-USD-PERP
Pacifica NATGAS
ApeX Omni NATGASUSDT
Phemex NGUSDT
Variational Omni NATGAS
KuCoin NATGASUSDTM
Binance NATGASUSDT
edgeX NATGASUSDC
Gate NG_USDT
OKX NG-USDT-SWAP
BloFin NG-USDT
GMX NATGAS/USD [ETH-USDC]
Bitget NATGASUSDT