Funding you earn now, next payment 08:00 UTC+0.0356%/8h= +39.0% APRpaid last 24h +0.008%
Price spread now: BloFin against KuCoin+0.067%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$590.585% of the position
Funding, last 7 days+0.153%+$15 on $10k
+Price spread, last 4 days (all we have)−0.047%−$5 · spread now +0.067%, 7d avg +0.003%
=Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and BloFin is 0.063% dearer against KuCoin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.003%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.153% in total (about 8.0% 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 | KuCoin NATGASUSDTM | 3.0060 | 0.0276 | pay 0.0138% / 4h | 1h 39m | $1.0M | $927K | 20x |
| Short | BloFin NG-USDT | 3.0080 | 0.0632 | get 0.0632% / 8h | 1h 39m | $82K | $195K | 20x |
KuCoin NATGASUSDTM
BloFin NG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $74.84
- Price spread: +0.067% → +0.003%
- $6.34
- Slippage, 4 orders
- −$34.52
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $22.66
- Costs to cover
- 0.585%
- Break-even
- 4.9 days
Slippage from KuCoin: live order book, 6 min ago; BloFin: live order book, 36 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 | 3.33 bp | 19.5 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 36 min ago | 3.33 bp | 12.2 bp −$12 | 13.7 bp −$137 | doesn't fit | doesn't fit |
NATGAS on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0092 | +0.106% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0002% | 1h | 3.0070 | +0.033% | $660K | $96K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0069 | +0.030% | $629K | $502K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0059 | −0.003% | $111K | $294K | 5x | as long as short |
| HTX NATGAS-USDT | +0.0039% | 4h | 3.0081 | +0.070% | $107K | $205K | 75x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0070 | +0.033% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0089 | +0.096% | $83K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0057% | 8h | 3.0093 | +0.109% | $5K | — | 5x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0067% | 1h | 3.0067 | +0.023% | $6.0M | $5.5M | 10x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0050 | −0.033% | $68K | $33K | 10x | as long as short |
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:NATGAS
Pacifica NATGASShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0100 | +0.133% | $37K | $217K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0100 | +0.133% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0070 | +0.033% | $1.5M | $93K | 10x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0134% | 4h | 3.0063 | +0.009% | $22K | $210K | 25x | as long as short |
| Hotstuff NATGAS-PERP | +0.0144% | 1h | 3.0073 | +0.043% | $35K | — | 20x | as long as short |
| KuCoin NATGASUSDTMlong | +0.0276% | 4h | 3.0060 | long leg | $1.0M | $927K | 20x | |
| Aster NATGASUSDT | +0.0290% | 4h | 3.0094 | +0.112% | $265K | $70K | 50x | as long as short |
| Variational Omni NATGAS | +0.0512% | 4h | 3.0070 | +0.032% | $317K | $432K | — | as long as short |
| Binance NATGASUSDT | +0.0534% | 4h | 3.0075 | +0.051% | $10.3M | $28.6M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0535% | 4h | 3.0067 | +0.024% | $85K | $212K | 20x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0547% / S −0.0552% | 1h | 3.0075 | +0.050% | $88K | — | 45x | as long as short |
| BloFin NG-USDTshort | +0.0632% | 8h | 3.0080 | +0.067% | $82K | $195K | 20x | |
| Gate NG_USDT | +0.0634% | 8h | 3.0100 | +0.133% | $1.5M | $196K | 100x | as long as short |
| OKX NG-USDT-SWAP | +0.0651% | 8h | 3.0080 | +0.067% | $875K | $1.8M | 50x | as long as short |
| Bitget NATGASUSDT | +0.0960% | 4h | 3.0050 | −0.033% | $9.9M | $3.1M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0986% | 1h | 3.0088 | +0.093% | $56K | $35K | 20x | as long as short |
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
GRVT NATGAS_USDT_Perp
Hotstuff NATGAS-PERP
Aster NATGASUSDT
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
OKX NG-USDT-SWAP
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD