Funding you earn now, next payment 12:00 UTC+0.0219%/8h= +24.0% APRpaid last 24h +0.028%
Price spread now: OKX against KuCoin+0.033%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$590.590% of the position
Funding, last 7 days+0.208%+$21 on $10k
+Price spread, last 7 days−0.033%−$3 · spread now +0.033%, 7d avg +0.011%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and OKX is 0.023% dearer against KuCoin than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NATGASUSDTM | 3.0000 | 0.0130 | pay 0.0065% / 4h | 1h 44m | $1.1M | $798K | 20x |
| Short | OKX NG-USDT-SWAP | 3.0010 | 0.0349 | get 0.0349% / 8h | 5h 44m | $833K | $2.0M | 50x |
KuCoin NATGASUSDTM
OKX NG-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $45.97
- Price spread: +0.033% → +0.011%
- $2.26
- Slippage, 4 orders
- −$36.96
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$10.73
- Costs to cover
- 0.590%
- Break-even
- 8.6 days
Slippage from KuCoin: live order book, 3 min ago; OKX: live order book, 5 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 | 1.67 bp | 19.2 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 1.67 bp | 8.8 bp −$9 | 17.5 bp −$175 | doesn't fit | doesn't fit |
NATGAS on 27 exchanges
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 | −0.1600% | 1h | 3.0022 | +0.073% | $35K | — | 20x | as long as short |
| Kraken Futures PF_NATGASUSD | −0.0077% | 1h | 3.0020 | +0.066% | $54K | $46K | 20x | as long as short |
| QFEX NATGAS-USD | −0.0004% | 1h | 3.0020 | +0.067% | $661K | $99K | 20x | as long as short |
| Aster NATGASUSDT | 0.0000% | 4h | 3.0000 | 0.000% | $258K | $74K | 50x | as long as short |
| GRVT NATGAS_USDT_Perp | 0.0000% | 4h | 3.0034 | +0.112% | $19K | $200K | 25x | as long as short |
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8355 | −5.483% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0042 | +0.140% | $2K | $1.7M | 20x | as long as short |
| HTX NATGAS-USDT | 0.0000% | 4h | 3.0040 | +0.133% | $118K | $220K | 75x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0016 | +0.053% | $649K | $793K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0014 | +0.047% | $122K | $368K | 5x | as long as short |
Hotstuff NATGAS-PERP
Kraken Futures PF_NATGASUSD
QFEX NATGAS-USD
Aster NATGASUSDT
GRVT NATGAS_USDT_Perp
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
HTX NATGAS-USDT
Lighter NATGAS
Extended XNG-USDShow all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest NG-PERP | +0.0046% | 1h | 3.0030 | +0.100% | — | $14K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0014 | +0.047% | $6.0M | $4.9M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0013 | +0.043% | $84K | $28K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0051% | 8h | 3.0025 | +0.084% | $5K | — | 5x | as long as short |
| Variational Omni NATGAS | +0.0088% | 4h | 3.0027 | +0.091% | $356K | $426K | — | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 2.9996 | −0.012% | $68K | $39K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0100 | +0.333% | $37K | $215K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | 0.000% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0020 | +0.067% | $1.5M | $93K | 10x | as long as short |
| KuCoin NATGASUSDTMlong | +0.0130% | 4h | 3.0000 | long leg | $1.1M | $798K | 20x | |
| Binance NATGASUSDT | +0.0167% | 4h | 3.0020 | +0.067% | $10.0M | $32.6M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0177% | 4h | 3.0026 | +0.087% | $85K | $212K | 20x | as long as short |
| Gate NG_USDT | +0.0268% | 8h | 3.0050 | +0.167% | $1.5M | $200K | 100x | as long as short |
| BloFin NG-USDT | +0.0329% | 8h | 3.0020 | +0.067% | $80K | $202K | 20x | as long as short |
| OKX NG-USDT-SWAPshort | +0.0349% | 8h | 3.0010 | +0.033% | $833K | $2.0M | 50x | |
| GMX NATGAS/USD [ETH-USDC] | L +0.0493% / S −0.0486% | 1h | 3.0025 | +0.083% | $88K | — | 45x | as long as short |
| Bitget NATGASUSDT | +0.0708% | 4h | 3.0000 | 0.000% | $9.9M | $2.9M | 100x | as long as short |
Vest NG-PERP
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
Variational Omni NATGAS
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Binance NATGASUSDT
edgeX NATGASUSDC
Gate NG_USDT
BloFin NG-USDT
GMX NATGAS/USD [ETH-USDC]
Bitget NATGASUSDT