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

NATGAS

RWAall NATGAS markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0132%/8h= +14.5% APRnext payment +$0.66 per $10,000 · paid last 24h +0.070%
Price spread now: KuCoin against SunX−0.173%7-day average −0.103% · you buy dearer than you sell
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+0.284%+$28 on $10k
Price spread, last 4 days (all we have)+0.079%+$8 · spread now −0.173%, 7d avg −0.103%
Together, before fees+0.363%+$36 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.070% cheaper against SunX than usual: you would sell low and buy high (spread −0.173% now, against its 7-day average of −0.103%). If the spread goes back, that is −$7 on $10k: about 42 hours of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX NATGAS-USDT3.00520get 0.0000% / 4h1h 45m$2K$1.7M20x
ShortKuCoin NATGASUSDTM3.00000.0132get 0.0066% / 4h1h 45m$1.1M$799K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against SunX. 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
$27.72
Price spread: −0.173% → −0.103%
−$6.99
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$0.73
Costs to cover
0.200%
Break-even
6.8 days
Slippage unknown: SunX: live order book, 3 min ago; KuCoin: live order book, 2 min ago. 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 SunX live order book, 3 min ago500.33 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago1.67 bp17.8 bp −$18doesn't fitdoesn't fitdoesn't fit

NATGAS on 27 exchanges

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−0.1600%1h3.0022−0.100%$35K20xas long as short
Kraken Futures PF_NATGASUSD−0.0077%1h3.0029−0.078%$54K$46K20xas long as short
QFEX NATGAS-USD−0.0004%1h3.0020−0.106%$661K$99K20xas long as short
Aster NATGASUSDT0.0000%4h3.0000−0.173%$258K$74K50xas long as short
GRVT NATGAS_USDT_Perp0.0000%4h3.0030−0.073%$19K$208K25xas long as short
gTrade (Gains Network) NATGAS/USDL 0.0000% / S 0.0000%1h2.8386−5.544%as long as short
SunX NATGAS-USDTlong0.0000%4h3.0052long leg$2K$1.7M20x
HTX NATGAS-USDT0.0000%4h3.0044−0.027%$118K$220K75xas long as short
Lighter NATGAS+0.0032%1h3.0019−0.110%$650K$791K10xas long as short
Extended XNG-USD+0.0032%1h3.0017−0.118%$122K$368K5xas long as short
Show all 27 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest NG-PERP+0.0046%1h3.0030−0.073%$14K10xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h3.0021−0.103%$6.0M$4.9M10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h2.9960−0.306%$84K$28K10xas long as short
Paradex NG-USD-PERP+0.0051%8h3.0025−0.089%$5K5xas long as short
Variational Omni NATGAS+0.0086%4h2.9977−0.248%$355K$426Kas long as short
Pacifica NATGAS+0.0100%1h3.0013−0.130%$68K$39K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h2.9900−0.506%$36K$215K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.173%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0030−0.073%$1.5M$93K10xas long as short
KuCoin NATGASUSDTMshort+0.0132%4h3.0000−0.173%$1.1M$799K20x
edgeX NATGASUSDC+0.0157%4h2.9982−0.232%$85K$211K20xas long as short
Binance NATGASUSDT+0.0162%4h3.0030−0.073%$10.0M$32.6M100xas long as short
Gate NG_USDT+0.0274%8h3.0050−0.007%$1.5M$200K100xas long as short
OKX NG-USDT-SWAP+0.0350%8h3.0010−0.140%$833K$2.0M50xas long as short
BloFin NG-USDT+0.0366%8h3.0020−0.106%$80K$202K20xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0493% / S −0.0486%1h3.0035−0.057%$88K45xas long as short
Bitget NATGASUSDT+0.0706%4h3.0010−0.140%$9.9M$2.9M100xas long as short