Funding you earn now, next payment 06:00 UTC+0.0524%/8h= +57.4% APRpaid last 24h +0.130%
Price spread now: Kraken Futures against OKX+0.120%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.299%+$30 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Kraken Futures is 0.120% dearer against OKX than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.299% in total (about 15.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX NG-USDT-SWAP | 3.0050 | 0.0656 | pay 0.0656% / 8h | 2h 24m | $867K | $1.7M | 50x |
| Short | Kraken Futures PF_NATGASUSD | 3.0086 | 0.1181 | get 0.0148% / 1h | 24m 06s | $56K | $35K | 20x |
OKX NG-USDT-SWAP
Kraken Futures PF_NATGASUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against OKX. 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
- $110.07
- Price spread: +0.120% → 0.000%
- $11.99
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $102.06
- Costs to cover
- 0.200%
- Break-even
- 0.5 days
Slippage unknown: OKX: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy OKX live order book, 3 min ago | 1.66 bp | 10.2 bp −$10 | 18.3 bp −$183 | doesn't fit | doesn'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.| 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 | 2.8461 | −5.288% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0082 | +0.106% | $2K | $2.4M | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0067 | +0.057% | $629K | $504K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0057 | +0.024% | $110K | $334K | 5x | as long as short |
| QFEX NATGAS-USD | +0.0033% | 1h | 3.0060 | +0.033% | $660K | $96K | 20x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0060 | +0.033% | — | $14K | 10x | as long as short |
| Hotstuff NATGAS-PERP | +0.0048% | 1h | 3.0062 | +0.040% | $35K | — | 20x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0070 | +0.067% | $83K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0069% | 8h | 3.0074 | +0.081% | $5K | — | 5x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0071% | 1h | 3.0058 | +0.027% | $6.0M | $5.6M | 10x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
Lighter NATGAS
Extended XNG-USD
QFEX NATGAS-USD
Vest NG-PERP
Hotstuff NATGAS-PERP
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
tradeXYZ xyz:NATGASShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGAS | +0.0100% | 1h | 3.0047 | −0.010% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.166% | $37K | $218K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.166% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0060 | +0.033% | $1.5M | $93K | 10x | as long as short |
| HTX NATGAS-USDT | +0.0211% | 4h | 3.0073 | +0.077% | $107K | $212K | 75x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0240% | 4h | 3.0041 | −0.031% | $13K | $212K | 25x | as long as short |
| KuCoin NATGASUSDTM | +0.0354% | 4h | 3.0040 | −0.033% | $1.0M | $957K | 20x | as long as short |
| Aster NATGASUSDT | +0.0386% | 4h | 3.0080 | +0.099% | $264K | $75K | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0521% / S −0.0467% | 1h | 3.0065 | +0.050% | $92K | — | 45x | as long as short |
| Variational Omni NATGAS | +0.0592% | 4h | 3.0050 | 0.000% | $317K | $432K | — | as long as short |
| Gate NG_USDT | +0.0596% | 8h | 3.0090 | +0.133% | $1.5M | $195K | 100x | as long as short |
| Binance NATGASUSDT | +0.0617% | 4h | 3.0065 | +0.048% | $10.3M | $28.3M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0638% | 4h | 3.0050 | 0.000% | $85K | $212K | 20x | as long as short |
| BloFin NG-USDT | +0.0644% | 8h | 3.0040 | −0.033% | $82K | $195K | 20x | as long as short |
| OKX NG-USDT-SWAPlong | +0.0656% | 8h | 3.0050 | long leg | $867K | $1.7M | 50x | |
| Bitget NATGASUSDT | +0.1016% | 4h | 3.0040 | −0.033% | $9.9M | $3.2M | 100x | as long as short |
| Kraken Futures PF_NATGASUSDshort | +0.1181% | 1h | 3.0086 | +0.120% | $56K | $35K | 20x |
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
HTX NATGAS-USDT
GRVT NATGAS_USDT_Perp
KuCoin NATGASUSDTM
Aster NATGASUSDT
GMX NATGAS/USD [ETH-USDC]
Variational Omni NATGAS
Gate NG_USDT
Binance NATGASUSDT
edgeX NATGASUSDC
BloFin NG-USDT
Bitget NATGASUSDT