Funding you earn now, next payment 01:00 UTC−0.0068%/8h= −7.4% APRpaid last 24h −0.053%
Price spread now: Extended against KuCoin+0.017%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1071.066% of the position
Funding, last 7 days−0.041%−$4 on $10k
+Price spread, last 4 days (all we have)+0.035%+$3 · spread now +0.017%, 7d avg +0.035%
=Together, before fees−0.006%+ Points / potential airdropExtended: Active · farm board−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.035%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NATGASUSDTM | 3.0020 | 0.0100 | pay 0.0050% / 4h | 3h 24m | $1.0M | $1.1M | 20x |
| Short | Extended XNG-USD | 3.0025 | 0.0032 | get 0.0004% / 1h | 24m 32s | $112K | $452K | 5x |
KuCoin NATGASUSDTM
Extended XNG-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$14.28
- Price spread: +0.017% → +0.035%
- −$1.76
- Slippage, 4 orders
- −$89.62
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$122.65
- Costs to cover
- 1.066%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; Extended: live order book, 48 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, 5 min ago | 3.33 bp | 49.3 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 48 min ago | 0.17 bp | 3.3 bp −$3 | 7.1 bp −$71 | doesn't fit | 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 | 2.8391 | −5.426% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0052 | +0.107% | $2K | $2.6M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0015% | 1h | 3.0030 | +0.033% | $659K | $85K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0044 | +0.080% | $618K | $414K | 10x | as long as short |
| Extended XNG-USDshort | +0.0032% | 1h | 3.0025 | +0.017% | $112K | $452K | 5x | |
| Vest NG-PERP | +0.0046% | 1h | 3.0030 | +0.033% | — | $378 | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0026 | +0.020% | $5.9M | $5.9M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0046 | +0.087% | $84K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0055% | 8h | 3.0044 | +0.081% | $5K | — | 5x | as long as short |
| Hotstuff NATGAS-PERP | +0.0064% | 1h | 3.0027 | +0.023% | $35K | — | 20x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Vest NG-PERP
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
Hotstuff NATGAS-PERPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster NATGASUSDT | +0.0080% | 4h | 3.0030 | +0.033% | $266K | $73K | 50x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0012 | −0.027% | $68K | $33K | 10x | as long as short |
| KuCoin NATGASUSDTMlong | +0.0100% | 4h | 3.0020 | long leg | $1.0M | $1.1M | 20x | |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.067% | $37K | $216K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.067% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0040 | +0.067% | $1.5M | $95K | 10x | as long as short |
| Variational Omni NATGAS | +0.0154% | 4h | 3.0030 | +0.033% | $312K | $443K | — | as long as short |
| OKX NG-USDT-SWAP | +0.0217% | 8h | 3.0020 | 0.000% | $863K | $1.7M | 50x | as long as short |
| BloFin NG-USDT | +0.0222% | 8h | 2.9990 | −0.100% | $80K | $189K | 20x | as long as short |
| HTX NATGAS-USDT | +0.0222% | 4h | 3.0059 | +0.130% | $98K | $211K | 75x | as long as short |
| Binance NATGASUSDT | +0.0246% | 4h | 3.0040 | +0.067% | $10.1M | $29.5M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0255% | 4h | 3.0020 | +0.001% | $85K | $211K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0326% | 4h | 3.0010 | −0.033% | $10.0M | $3.5M | 100x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0364% | 4h | 3.0020 | 0.000% | $25K | $214K | 25x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0409% / S −0.0345% | 1h | 3.0045 | +0.083% | $92K | — | 45x | as long as short |
| Gate NG_USDT | +0.0497% | 8h | 3.0050 | +0.100% | $1.5M | $255K | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1000% | 1h | 3.0046 | +0.087% | $52K | $36K | 20x | as long as short |
Aster NATGASUSDT
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Variational Omni NATGAS
OKX NG-USDT-SWAP
BloFin NG-USDT
HTX NATGAS-USDT
Binance NATGASUSDT
edgeX NATGASUSDC
Bitget NATGASUSDT
GRVT NATGAS_USDT_Perp
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
Kraken Futures PF_NATGASUSD