Funding you earn now, next payment 00:00 UTC+0.0251%/8h= +27.5% APRnext payment +$1.26 per $10,000 · paid last 24h +0.049%
Price spread now: edgeX against KuCoin+0.038%68s7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$980.980% of the position
Funding, last 7 days+0.090%+$9 on $10k
+Price spread, last 3 days (all we have)−0.010%−$1 · spread now +0.038%, 7d avg +0.044%
=Together, before fees+0.079%+ Points / potential airdropedgeX: Active · farm board+$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.044%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.090% in total (about 4.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.26 per $10,000. 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 | 2.9930 | 0.0100 | pay 0.0050% / 4h | 36m 19s | $1.0M | $1.2M | 20x |
| Short | edgeX NATGASUSDC | 2.9941 | 0.0351 | get 0.0176% / 4h | 36m 19s | $85K | $212K | 20x |
KuCoin NATGASUSDTM
edgeX NATGASUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $52.77
- Price spread: +0.038% → +0.044%
- −$0.55
- Slippage, 4 orders
- −$77
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$45.78
- Costs to cover
- 0.980%
- Break-even
- 13.1 days
Slippage from KuCoin: live order book, 4 min ago; edgeX: live order book, 41 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, 4 min ago | 1.67 bp | 24.2 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 41 min ago | 13.37 bp | 21.1 bp −$21 | 28.3 bp −$283 | 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 | 2.9962 | +0.107% | $2K | $2.6M | 20x | as long as short |
| HTX NATGAS-USDT | 0.0000% | 4h | 2.9955 | +0.084% | $98K | $214K | 75x | as long as short |
| Hotstuff NATGAS-PERP | +0.0016% | 1h | 2.9936 | +0.020% | $35K | — | 20x | as long as short |
| QFEX NATGAS-USD | +0.0030% | 1h | 2.9930 | 0.000% | $657K | $86K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 2.9950 | +0.067% | $619K | $416K | 10x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 2.9930 | 0.000% | — | $378 | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 2.9933 | +0.010% | $5.9M | $6.0M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 2.9958 | +0.094% | $84K | $43K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0075% | 8h | 2.9940 | +0.032% | $5K | — | 5x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0082% | 4h | 2.9933 | +0.010% | $13K | $238K | 25x | as long as short |
SunX NATGAS-USDT
HTX NATGAS-USDT
Hotstuff NATGAS-PERP
QFEX NATGAS-USD
Lighter NATGAS
Vest NG-PERP
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
GRVT NATGAS_USDT_PerpShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGAS | +0.0100% | 1h | 2.9939 | +0.031% | $68K | $33K | 10x | as long as short |
| KuCoin NATGASUSDTMlong | +0.0100% | 4h | 2.9930 | long leg | $1.0M | $1.2M | 20x | |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 2.9900 | −0.100% | $36K | $216K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 2.9900 | −0.100% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 2.9950 | +0.067% | $1.5M | $97K | 10x | as long as short |
| Extended XNG-USD | +0.0128% | 1h | 2.9926 | −0.015% | $110K | $471K | 5x | as long as short |
| OKX NG-USDT-SWAP | +0.0191% | 8h | 2.9940 | +0.033% | $857K | $1.7M | 50x | as long as short |
| Gate NG_USDT | +0.0192% | 8h | 2.9970 | +0.134% | $1.5M | $285K | 100x | as long as short |
| Aster NATGASUSDT | +0.0204% | 4h | 2.9947 | +0.055% | $265K | $105K | 50x | as long as short |
| BloFin NG-USDT | +0.0207% | 8h | 2.9940 | +0.033% | $80K | $189K | 20x | as long as short |
| Variational Omni NATGAS | +0.0226% | 4h | 2.9942 | +0.039% | $311K | $443K | — | as long as short |
| Binance NATGASUSDT | +0.0316% | 4h | 2.9945 | +0.051% | $10.1M | $30.2M | 100x | as long as short |
| edgeX NATGASUSDCshort | +0.0351% | 4h | 2.9941 | +0.038% | $85K | $212K | 20x | |
| GMX NATGAS/USD [ETH-USDC] | L +0.0406% / S −0.0333% | 1h | 2.9945 | +0.050% | $93K | — | 45x | as long as short |
| Bitget NATGASUSDT | +0.0406% | 4h | 2.9910 | −0.067% | $10.0M | $3.9M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1217% | 1h | 2.9955 | +0.083% | $52K | $39K | 20x | as long as short |
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Extended XNG-USD
OKX NG-USDT-SWAP
Gate NG_USDT
Aster NATGASUSDT
BloFin NG-USDT
Variational Omni NATGAS
Binance NATGASUSDT
GMX NATGAS/USD [ETH-USDC]
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD