Funding you earn now, next payment 08:00 UTC+0.0098%/8h= +10.7% APRnext payment +$0.49 per $10,000 · paid last 24h −0.027%
Price spread now: GRVT against KuCoin−0.015%7-day average +0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$500.497% of the position
Funding, last 7 days−0.123%−$12 on $10k
+Price spread, last 4 days (all we have)+0.026%+$3 · spread now −0.015%, 7d avg +0.043%
=Together, before fees−0.097%+ Points / potential airdropGRVT: Active · farm board−$10 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.058% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.015% now, against its 7-day average of +0.043%). If the spread goes back, that is −$6 on $10k: about 47 hours of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.123%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NATGASUSDTM | 3.0060 | 0.0364 | pay 0.0182% / 4h | 3h 06m | $1.0M | $982K | 20x |
| Short | GRVT NATGAS_USDT_Perp | 3.0056 | 0.0462 | get 0.0231% / 4h | 3h 06m | $13K | $223K | 25x |
KuCoin NATGASUSDTM
GRVT NATGAS_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- $20.58
- Price spread: −0.015% → +0.043%
- −$5.76
- Slippage, 4 orders
- −$28.72
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$34.9
- Costs to cover
- 0.497%
- Break-even
- 18.9 days
Slippage from KuCoin: live order book, 3 min ago; GRVT: live order book, 46 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, 3 min ago | 1.66 bp | 16.0 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 46 min ago | 1.66 bp | 6.2 bp −$6 | 27.7 bp −$277 | 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 | 2.8456 | −5.336% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0092 | +0.106% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0009% | 1h | 3.0060 | 0.000% | $660K | $96K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0058 | −0.007% | $629K | $503K | 10x | as long as short |
| Hotstuff NATGAS-PERP | +0.0032% | 1h | 3.0063 | +0.010% | $35K | — | 20x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0050 | −0.033% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0057 | −0.010% | $83K | $26K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0095% | 1h | 3.0063 | +0.010% | $6.0M | $5.6M | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0099% | 8h | 3.0076 | +0.053% | $5K | — | 5x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0050 | −0.033% | $68K | $33K | 10x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Hotstuff NATGAS-PERP
Vest NG-PERP
Ondo Perps NATGAS-USD.P
tradeXYZ xyz:NATGAS
Paradex NG-USD-PERP
Pacifica NATGASShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.200% | $37K | $218K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.200% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0070 | +0.033% | $1.5M | $93K | 10x | as long as short |
| Extended XNG-USD | +0.0216% | 1h | 3.0048 | −0.040% | $110K | $364K | 5x | as long as short |
| KuCoin NATGASUSDTMlong | +0.0364% | 4h | 3.0060 | long leg | $1.0M | $982K | 20x | |
| Aster NATGASUSDT | +0.0428% | 4h | 3.0060 | 0.000% | $264K | $74K | 50x | as long as short |
| GRVT NATGAS_USDT_Perpshort | +0.0462% | 4h | 3.0056 | −0.015% | $13K | $223K | 25x | |
| GMX NATGAS/USD [ETH-USDC] | L +0.0488% / S −0.0432% | 1h | 3.0075 | +0.050% | $92K | — | 45x | as long as short |
| HTX NATGAS-USDT | +0.0517% | 4h | 3.0083 | +0.077% | $107K | $212K | 75x | as long as short |
| Gate NG_USDT | +0.0556% | 8h | 3.0100 | +0.133% | $1.5M | $193K | 100x | as long as short |
| BloFin NG-USDT | +0.0585% | 8h | 3.0080 | +0.067% | $82K | $195K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0609% | 8h | 3.0070 | +0.033% | $867K | $1.7M | 50x | as long as short |
| Variational Omni NATGAS | +0.0636% | 4h | 3.0069 | +0.031% | $312K | $444K | — | as long as short |
| Binance NATGASUSDT | +0.0663% | 4h | 3.0070 | +0.033% | $10.3M | $28.2M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0676% | 4h | 3.0070 | +0.032% | $85K | $212K | 20x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0854% | 1h | 3.0087 | +0.089% | $56K | $35K | 20x | as long as short |
| Bitget NATGASUSDT | +0.1034% | 4h | 3.0040 | −0.067% | $9.9M | $3.2M | 100x | as long as short |
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Extended XNG-USD
Aster NATGASUSDT
GMX NATGAS/USD [ETH-USDC]
HTX NATGAS-USDT
Gate NG_USDT
BloFin NG-USDT
OKX NG-USDT-SWAP
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
Kraken Futures PF_NATGASUSD
Bitget NATGASUSDT