Funding you earn now, next payment 07:00 UTC+0.0842%/8h= +92.2% APRnext payment +$1.05 per $10,000 · paid last 24h +0.208%
Price spread now: Kraken Futures against Hotstuff+0.051%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and Kraken Futures is 0.051% dearer against Hotstuff than usual: you sell high and buy low: +$5 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 | Hotstuff NATGAS-PERP | 3.0073 | 0.0144 | pay 0.0018% / 1h | 40m 36s | $35K | — | 20x |
| Short | Kraken Futures PF_NATGASUSD | 3.0088 | 0.0986 | get 0.0123% / 1h | 40m 36s | $56K | $35K | 20x |
Hotstuff NATGAS-PERP
Kraken Futures PF_NATGASUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Hotstuff. 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
- $176.9
- Price spread: +0.051% → 0.000%
- $5.12
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $167.02
- Costs to cover
- 0.150%
- Break-even
- 0.4 days
Slippage unknown: Hotstuff: 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 Hotstuff no order-book sample | — | — | — | — | — |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Hotstuff 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 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 | 2.8450 | −5.397% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0092 | +0.063% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0002% | 1h | 3.0060 | −0.043% | $660K | $96K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0064 | −0.030% | $629K | $502K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0059 | −0.046% | $111K | $330K | 5x | as long as short |
| HTX NATGAS-USDT | +0.0034% | 4h | 3.0083 | +0.033% | $107K | $205K | 75x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0070 | −0.010% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0083 | +0.033% | $83K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0057% | 8h | 3.0084 | +0.036% | $5K | — | 5x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0071% | 1h | 3.0069 | −0.013% | $6.0M | $5.5M | 10x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
HTX NATGAS-USDT
Vest NG-PERP
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
tradeXYZ xyz:NATGASShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGAS | +0.0100% | 1h | 3.0043 | −0.100% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.243% | $37K | $217K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0100 | +0.090% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0080 | +0.023% | $1.5M | $93K | 10x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0132% | 4h | 3.0060 | −0.043% | $22K | $210K | 25x | as long as short |
| Hotstuff NATGAS-PERPlong | +0.0144% | 1h | 3.0073 | long leg | $35K | — | 20x | |
| KuCoin NATGASUSDTM | +0.0280% | 4h | 3.0050 | −0.076% | $1.0M | $929K | 20x | as long as short |
| Aster NATGASUSDT | +0.0290% | 4h | 3.0091 | +0.059% | $265K | $70K | 50x | as long as short |
| Variational Omni NATGAS | +0.0512% | 4h | 3.0070 | −0.011% | $317K | $432K | — | as long as short |
| Binance NATGASUSDT | +0.0534% | 4h | 3.0077 | +0.014% | $10.3M | $28.6M | 100x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0546% / S −0.0550% | 1h | 3.0075 | +0.007% | $88K | — | 45x | as long as short |
| edgeX NATGASUSDC | +0.0549% | 4h | 3.0058 | −0.048% | $85K | $213K | 20x | as long as short |
| Gate NG_USDT | +0.0634% | 8h | 3.0100 | +0.090% | $1.5M | $196K | 100x | as long as short |
| BloFin NG-USDT | +0.0643% | 8h | 3.0060 | −0.043% | $82K | $195K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0650% | 8h | 3.0080 | +0.023% | $875K | $1.8M | 50x | as long as short |
| Bitget NATGASUSDT | +0.0960% | 4h | 3.0040 | −0.110% | $9.9M | $3.1M | 100x | as long as short |
| Kraken Futures PF_NATGASUSDshort | +0.0986% | 1h | 3.0088 | +0.051% | $56K | $35K | 20x |
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
GRVT NATGAS_USDT_Perp
KuCoin NATGASUSDTM
Aster NATGASUSDT
Variational Omni NATGAS
Binance NATGASUSDT
GMX NATGAS/USD [ETH-USDC]
edgeX NATGASUSDC
Gate NG_USDT
BloFin NG-USDT
OKX NG-USDT-SWAP
Bitget NATGASUSDT