Funding you earn now, next payment 00:00 UTC+0.1217%/8h= +133.2% APRpaid last 24h +0.151%
Price spread now: Kraken Futures against GRVT+0.074%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+0.497%+$50 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$37 a day on $10k at the current rate, and Kraken Futures is 0.074% dearer against GRVT than usual: you sell high and buy low: +$7 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 0.497% in total (about 25.9% 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 | GRVT NATGAS_USDT_Perp | 2.9948 | 0 | get 0.0000% / 4h | 15m 13s | $13K | $238K | 25x |
| Short | Kraken Futures PF_NATGASUSD | 2.9970 | 0.1217 | get 0.0152% / 1h | 15m 13s | $52K | $39K | 20x |
GRVT NATGAS_USDT_Perp
Kraken Futures PF_NATGASUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against GRVT. 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
- $255.51
- Price spread: +0.074% → 0.000%
- $7.36
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $243.87
- Costs to cover
- 0.190%
- Break-even
- 0.3 days
Slippage unknown: GRVT: live order book, 62 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 GRVT live order book, 62 min ago | 1.67 bp | 9.0 bp −$9 | 20.5 bp −$205 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT NATGAS_USDT_Perplong | 0.0000% | 4h | 2.9948 | long leg | $13K | $238K | 25x | |
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8306 | −5.483% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 2.9947 | −0.004% | $2K | $2.6M | 20x | as long as short |
| HTX NATGAS-USDT | 0.0000% | 4h | 2.9987 | +0.130% | $98K | $212K | 75x | as long as short |
| QFEX NATGAS-USD | +0.0030% | 1h | 2.9950 | +0.006% | $657K | $86K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 2.9968 | +0.066% | $616K | $419K | 10x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 2.9950 | +0.006% | — | $378 | 10x | as long as short |
| Extended XNG-USD | +0.0048% | 1h | 2.9943 | −0.016% | $110K | $453K | 5x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 2.9947 | −0.004% | $5.9M | $6.0M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 2.9973 | +0.083% | $84K | $43K | 10x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
HTX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Vest NG-PERP
Extended XNG-USD
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.PShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff NATGAS-PERP | +0.0056% | 1h | 2.9952 | +0.013% | $35K | — | 20x | as long as short |
| Aster NATGASUSDT | +0.0058% | 4h | 2.9960 | +0.039% | $265K | $73K | 50x | as long as short |
| Paradex NG-USD-PERP | +0.0066% | 8h | 2.9953 | +0.016% | $5K | — | 5x | as long as short |
| Variational Omni NATGAS | +0.0080% | 4h | 2.9951 | +0.008% | $311K | $443K | — | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 2.9951 | +0.010% | $68K | $33K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0100% | 4h | 2.9950 | +0.006% | $1.0M | $1.2M | 20x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 2.9900 | −0.161% | $36K | $217K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | +0.173% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 2.9950 | +0.006% | $1.5M | $97K | 10x | as long as short |
| OKX NG-USDT-SWAP | +0.0127% | 8h | 2.9960 | +0.039% | $856K | $1.7M | 50x | as long as short |
| BloFin NG-USDT | +0.0157% | 8h | 2.9960 | +0.039% | $80K | $189K | 20x | as long as short |
| Gate NG_USDT | +0.0171% | 8h | 2.9980 | +0.106% | $1.5M | $285K | 100x | as long as short |
| Binance NATGASUSDT | +0.0182% | 4h | 2.9950 | +0.006% | $10.1M | $29.9M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0208% | 4h | 2.9951 | +0.008% | $85K | $213K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0274% | 4h | 2.9930 | −0.061% | $10.0M | $3.7M | 100x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0406% / S −0.0333% | 1h | 2.9955 | +0.023% | $93K | — | 45x | as long as short |
| Kraken Futures PF_NATGASUSDshort | +0.1217% | 1h | 2.9970 | +0.074% | $52K | $39K | 20x |
Hotstuff NATGAS-PERP
Aster NATGASUSDT
Paradex NG-USD-PERP
Variational Omni NATGAS
Pacifica NATGAS
KuCoin NATGASUSDTM
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
OKX NG-USDT-SWAP
BloFin NG-USDT
Gate NG_USDT
Binance NATGASUSDT
edgeX NATGASUSDC
Bitget NATGASUSDT
GMX NATGAS/USD [ETH-USDC]