Settings8H · net · $10k
Funding arb · Price arb /

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0692%/8h= +75.8% APRpaid last 24h +0.156%
Price spread now: Kraken Futures against KuCoin+0.101%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.488%+$49 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and Kraken Futures is 0.101% dearer against KuCoin than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin NATGASUSDTM3.00600.0168pay 0.0084% / 4h31m 56s$1.0M$885K20x
ShortKraken Futures PF_NATGASUSD3.00900.0860get 0.0108% / 1h31m 56s$56K$36K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$145.39
Price spread: +0.101% → 0.000%
$10.06
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$133.45
Costs to cover
0.220%
Break-even
0.6 days
Slippage unknown: KuCoin: live order book, 3 min ago; Kraken Futures: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 3 min ago1.66 bp20.4 bp −$20doesn't fitdoesn't fitdoesn't fit
Sell Kraken Futures no order-book sample
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

NATGAS on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff NATGAS-PERP−0.0088%1h3.0072+0.040%$35K20xas long as short
gTrade (Gains Network) NATGAS/USDL 0.0000% / S 0.0000%1h2.8450−5.356%as long as short
SunX NATGAS-USDT0.0000%4h3.0092+0.106%$2K$2.4M20xas long as short
HTX NATGAS-USDT0.0000%4h3.0088+0.093%$117K$217K75xas long as short
QFEX NATGAS-USD+0.0004%1h3.0070+0.033%$660K$96K20xas long as short
Lighter NATGAS+0.0032%1h3.0079+0.063%$632K$494K10xas long as short
Extended XNG-USD+0.0032%1h3.0067+0.025%$111K$271K5xas long as short
Vest NG-PERP+0.0046%1h3.0070+0.033%$14K10xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h3.0078+0.060%$6.0M$5.2M10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0088+0.093%$83K$26K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex NG-USD-PERP+0.0051%8h3.0079+0.062%$5K5xas long as short
GRVT NATGAS_USDT_Perp+0.0076%4h3.0050−0.033%$15K$222K25xas long as short
Pacifica NATGAS+0.0100%1h3.0071+0.035%$70K$32K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.200%$37K$216K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.200%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0070+0.033%$1.5M$91K10xas long as short
KuCoin NATGASUSDTMlong+0.0168%4h3.0060long leg$1.0M$885K20x
Aster NATGASUSDT+0.0185%4h3.0066+0.019%$265K$65K50xas long as short
Variational Omni NATGAS+0.0402%4h3.0069+0.030%$319K$390Kas long as short
Binance NATGASUSDT+0.0420%4h3.0070+0.033%$10.4M$28.5M100xas long as short
edgeX NATGASUSDC+0.0441%4h3.0054−0.020%$85K$212K20xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0578% / S −0.0590%1h3.0075+0.050%$88K45xas long as short
Gate NG_USDT+0.0578%8h3.0090+0.100%$1.5M$195K100xas long as short
BloFin NG-USDT+0.0615%8h3.00600.000%$82K$198K20xas long as short
OKX NG-USDT-SWAP+0.0617%8h3.0050−0.033%$854K$1.8M50xas long as short
Kraken Futures PF_NATGASUSDshort+0.0860%1h3.0090+0.101%$56K$36K20x
Bitget NATGASUSDT+0.0868%4h3.0040−0.067%$9.9M$3.0M100xas long as short