Funding you earn now, next payment 04:00 UTC−0.0278%/8h= −30.4% APRpaid last 24h −0.030%
Price spread now: KuCoin against Gate−0.033%7-day average −0.101% · you buy dearer than you sell
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$800.802% of the position
Funding, last 7 days−0.255%−$25 on $10k
+Price spread, last 7 days−0.112%−$11 · spread now −0.033%, 7d avg −0.101%
=The price spread pays, funding is against you. KuCoin is 0.067% dearer against Gate than usual: you sell high and buy low (spread −0.033% now, against its 7-day average of −0.101%): +$7 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 19 hours. At the pace of the last 7 days (−0.255% in total) that is about 44 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NG_USDT | 3.0040 | 0.0378 | pay 0.0378% / 8h | 7h 02m | $1.5M | $256K | 100x |
| Short | KuCoin NATGASUSDTM | 3.0030 | 0.0100 | get 0.0050% / 4h | 3h 02m | $1.0M | $1.1M | 20x |
Gate NG_USDT
KuCoin NATGASUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Gate. 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
- −$58.38
- Price spread: −0.033% → −0.101%
- $6.72
- Slippage, 4 orders
- −$53.23
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$131.89
- Costs to cover
- 0.802%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; KuCoin: live order book, 2 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 Gate live order book, 4 min ago | 1.66 bp | 22.9 bp −$23 | 60.3 bp −$603 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 1.66 bp | 19.9 bp −$20 | doesn't fit | 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 | 2.8380 | −5.526% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0052 | +0.040% | $2K | $2.6M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0015% | 1h | 3.0020 | −0.067% | $659K | $85K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0030 | −0.033% | $617K | $420K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0014 | −0.086% | $110K | $451K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0030 | −0.033% | — | $378 | 10x | as long as short |
| Hotstuff NATGAS-PERP | +0.0048% | 1h | 3.0017 | −0.077% | $35K | — | 20x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0018 | −0.073% | $5.9M | $5.9M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0049 | +0.030% | $84K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0053% | 8h | 3.0034 | −0.020% | $5K | — | 5x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
Vest NG-PERP
Hotstuff NATGAS-PERP
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.P
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 | 3.0018 | −0.073% | $68K | $33K | 10x | as long as short |
| KuCoin NATGASUSDTMshort | +0.0100% | 4h | 3.0030 | −0.033% | $1.0M | $1.1M | 20x | |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.133% | $37K | $217K | 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 | 3.0040 | 0.000% | $1.5M | $95K | 10x | as long as short |
| Aster NATGASUSDT | +0.0106% | 4h | 3.0030 | −0.033% | $266K | $73K | 50x | as long as short |
| HTX NATGAS-USDT | +0.0198% | 4h | 3.0043 | +0.010% | $98K | $212K | 75x | as long as short |
| Variational Omni NATGAS | +0.0200% | 4h | 3.0029 | −0.035% | $312K | $443K | — | as long as short |
| OKX NG-USDT-SWAP | +0.0265% | 8h | 3.0020 | −0.067% | $863K | $1.7M | 50x | as long as short |
| edgeX NATGASUSDC | +0.0271% | 4h | 3.0030 | −0.033% | $85K | $212K | 20x | as long as short |
| BloFin NG-USDT | +0.0288% | 8h | 2.9990 | −0.166% | $81K | $189K | 20x | as long as short |
| Binance NATGASUSDT | +0.0289% | 4h | 3.0035 | −0.017% | $10.1M | $29.2M | 100x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0322% | 4h | 3.0020 | −0.066% | $25K | $200K | 25x | as long as short |
| Gate NG_USDTlong | +0.0378% | 8h | 3.0040 | long leg | $1.5M | $256K | 100x | |
| GMX NATGAS/USD [ETH-USDC] | L +0.0414% / S −0.0350% | 1h | 3.0035 | −0.017% | $92K | — | 45x | as long as short |
| Bitget NATGASUSDT | +0.0416% | 4h | 3.0000 | −0.133% | $9.9M | $3.5M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1001% | 1h | 3.0042 | +0.007% | $52K | $36K | 20x | as long as short |
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Aster NATGASUSDT
HTX NATGAS-USDT
Variational Omni NATGAS
OKX NG-USDT-SWAP
edgeX NATGASUSDC
BloFin NG-USDT
Binance NATGASUSDT
GRVT NATGAS_USDT_Perp
GMX NATGAS/USD [ETH-USDC]
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD