Funding you earn now, next payment 08:00 UTC+0.0690%/8h= +75.6% APRnext payment +$3.45 per $10,000 · paid last 24h +0.160%
Price spread now: Bitget against KuCoin−0.033%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1101.102% of the position
Funding, last 7 days+0.903%+$90 on $10k
+Price spread, last 7 days+0.110%+$11 · spread now −0.033%, 7d avg +0.002%
=Funding pays, the price is against you. Bitget is 0.035% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.033% now, against its 7-day average of +0.002%). If the spread goes back, that is −$4 on $10k: about 4 hours of funding at the current rate (+$21 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NATGASUSDTM | 3.0050 | 0.0272 | pay 0.0136% / 4h | 1h 28m | $1.0M | $919K | 20x |
| Short | Bitget NATGASUSDT | 3.0040 | 0.0962 | get 0.0481% / 4h | 1h 28m | $9.9M | $3.1M | 100x |
KuCoin NATGASUSDTM
Bitget NATGASUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against KuCoin. 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
- $144.9
- Price spread: −0.033% → +0.002%
- −$3.54
- Slippage, 4 orders
- −$86.24
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $31.12
- Costs to cover
- 1.102%
- Break-even
- 5.5 days
Slippage from KuCoin: live order book, 6 min ago; Bitget: live order book, 5 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 KuCoin live order book, 6 min ago | 1.66 bp | 44.7 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 1.66 bp | 10.5 bp −$11 | 18.9 bp −$189 | 74.7 bp −$7,471 | 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 | 2.8451 | −5.321% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0040 | −0.033% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0002% | 1h | 3.0060 | +0.033% | $660K | $96K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0068 | +0.060% | $629K | $502K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0058 | +0.026% | $111K | $283K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0070 | +0.067% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0089 | +0.130% | $83K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0055% | 8h | 3.0083 | +0.109% | $5K | — | 5x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0058% | 1h | 3.0066 | +0.053% | $6.0M | $5.5M | 10x | as long as short |
| HTX NATGAS-USDT | +0.0059% | 4h | 3.0087 | +0.123% | $107K | $203K | 75x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
Vest NG-PERP
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
tradeXYZ xyz:NATGAS
HTX NATGAS-USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGAS | +0.0100% | 1h | 3.0042 | −0.027% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0100 | +0.166% | $37K | $217K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0100 | +0.166% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0070 | +0.067% | $1.5M | $93K | 10x | as long as short |
| Hotstuff NATGAS-PERP | +0.0104% | 1h | 3.0071 | +0.070% | $35K | — | 20x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0152% | 4h | 3.0064 | +0.047% | $22K | $210K | 25x | as long as short |
| KuCoin NATGASUSDTMlong | +0.0272% | 4h | 3.0050 | long leg | $1.0M | $919K | 20x | |
| Aster NATGASUSDT | +0.0289% | 4h | 3.0084 | +0.113% | $265K | $70K | 50x | as long as short |
| Variational Omni NATGAS | +0.0511% | 4h | 3.0070 | +0.066% | $318K | $432K | — | as long as short |
| Binance NATGASUSDT | +0.0535% | 4h | 3.0070 | +0.067% | $10.3M | $28.6M | 100x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0551% / S −0.0557% | 1h | 3.0075 | +0.083% | $88K | — | 45x | as long as short |
| edgeX NATGASUSDC | +0.0553% | 4h | 3.0070 | +0.066% | $85K | $213K | 20x | as long as short |
| Gate NG_USDT | +0.0631% | 8h | 3.0080 | +0.100% | $1.5M | $196K | 100x | as long as short |
| OKX NG-USDT-SWAP | +0.0657% | 8h | 3.0060 | +0.033% | $874K | $1.8M | 50x | as long as short |
| BloFin NG-USDT | +0.0669% | 8h | 3.0050 | 0.000% | $83K | $195K | 20x | as long as short |
| Bitget NATGASUSDTshort | +0.0962% | 4h | 3.0040 | −0.033% | $9.9M | $3.1M | 100x | |
| Kraken Futures PF_NATGASUSD | +0.0986% | 1h | 3.0086 | +0.121% | $56K | $35K | 20x | as long as short |
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Hotstuff NATGAS-PERP
GRVT NATGAS_USDT_Perp
Aster NATGASUSDT
Variational Omni NATGAS
Binance NATGASUSDT
GMX NATGAS/USD [ETH-USDC]
edgeX NATGASUSDC
Gate NG_USDT
OKX NG-USDT-SWAP
BloFin NG-USDT
Kraken Futures PF_NATGASUSD