Funding you earn now, next payment 04:00 UTC+0.0156%/8h= +17.0% APRnext payment +$0.78 per $10,000 · paid last 24h −0.049%
Price spread now: HTX against KuCoin+0.097%7-day average +0.093% · you sell dearer than you buy
Net, funding: paid 7d − costs−$129as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$1051.047% of the position
Funding, last 7 days−0.243%−$24 on $10k
+Price spread, last 3 days (all we have)+0.029%+$3 · spread now +0.097%, 7d avg +0.093%
=The price spread sits at its 7-day average of +0.093%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.243%, 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 | 3.0030 | 0.0100 | pay 0.0050% / 4h | 2h 36m | $1.0M | $1.1M | 20x |
| Short | HTX NATGAS-USDT | 3.0059 | 0.0256 | get 0.0128% / 4h | 2h 36m | $98K | $213K | 75x |
KuCoin NATGASUSDTM
HTX NATGAS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- $32.69
- Price spread: +0.097% → +0.093%
- $0.35
- Slippage, 4 orders
- −$80.65
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$71.61
- Costs to cover
- 1.047%
- Break-even
- 22.3 days
Slippage from KuCoin: live order book, 3 min ago; HTX: live order book, 30 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 | 3.33 bp | 42.3 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 30 min ago | 3.16 bp | 11.4 bp −$11 | 18.6 bp −$186 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff NATGAS-PERP | −0.0024% | 1h | 3.0027 | −0.010% | $35K | — | 20x | as long as short |
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8396 | −5.441% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0062 | +0.107% | $2K | $2.6M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0019% | 1h | 3.0030 | 0.000% | $659K | $86K | 20x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0030 | 0.000% | — | $378 | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0029 | −0.003% | $5.9M | $5.9M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0022 | −0.027% | $82K | $27K | 10x | as long as short |
| Extended XNG-USD | +0.0056% | 1h | 3.0017 | −0.044% | $110K | $450K | 5x | as long as short |
| Paradex NG-USD-PERP | +0.0063% | 8h | 3.0063 | +0.109% | $5K | — | 5x | as long as short |
| Lighter NATGAS | +0.0088% | 1h | 3.0039 | +0.030% | $618K | $444K | 10x | as long as short |
Hotstuff NATGAS-PERP
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Vest NG-PERP
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.P
Extended XNG-USD
Paradex NG-USD-PERP
Lighter NATGASShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGAS | +0.0100% | 1h | 3.0030 | 0.000% | $68K | $33K | 10x | as long as short |
| KuCoin NATGASUSDTMlong | +0.0100% | 4h | 3.0030 | long leg | $1.0M | $1.1M | 20x | |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.100% | $37K | $217K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.100% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0040 | +0.033% | $1.5M | $94K | 10x | as long as short |
| Aster NATGASUSDT | +0.0171% | 4h | 3.0030 | 0.000% | $266K | $73K | 50x | as long as short |
| HTX NATGAS-USDTshort | +0.0256% | 4h | 3.0059 | +0.097% | $98K | $213K | 75x | |
| Variational Omni NATGAS | +0.0284% | 4h | 3.0030 | +0.001% | $312K | $443K | — | as long as short |
| BloFin NG-USDT | +0.0307% | 8h | 2.9980 | −0.167% | $81K | $188K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0326% | 8h | 3.0020 | −0.033% | $868K | $1.7M | 50x | as long as short |
| edgeX NATGASUSDC | +0.0364% | 4h | 3.0040 | +0.033% | $85K | $212K | 20x | as long as short |
| Binance NATGASUSDT | +0.0375% | 4h | 3.0040 | +0.033% | $10.1M | $29.1M | 100x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0406% | 4h | 3.0040 | +0.032% | $12K | $214K | 25x | as long as short |
| Gate NG_USDT | +0.0414% | 8h | 3.0060 | +0.100% | $1.5M | $218K | 100x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0420% / S −0.0356% | 1h | 3.0045 | +0.050% | $92K | — | 45x | as long as short |
| Bitget NATGASUSDT | +0.0594% | 4h | 3.0010 | −0.067% | $9.9M | $3.5M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0824% | 1h | 3.0065 | +0.117% | $54K | $37K | 20x | as long as short |
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Aster NATGASUSDT
Variational Omni NATGAS
BloFin NG-USDT
OKX NG-USDT-SWAP
edgeX NATGASUSDC
Binance NATGASUSDT
GRVT NATGAS_USDT_Perp
Gate NG_USDT
GMX NATGAS/USD [ETH-USDC]
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD