Funding you earn now, next payment 06:00 UTC+0.0841%/8h= +92.0% APRpaid last 24h +0.136%
Price spread now: Kraken Futures against Aster−0.021%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.567%+$57 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Kraken Futures is 0.021% cheaper against Aster than usual: you would sell low and buy high (spread −0.021% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 2 hours of funding at the current rate (+$25 a day). At the pace of the last 7 days (+0.567% in total) that is about 6 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.567% in total (about 29.6% 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 | Aster NATGASUSDT | 3.0090 | 0.0340 | pay 0.0170% / 4h | 2h 09m | $265K | $75K | 50x |
| Short | Kraken Futures PF_NATGASUSD | 3.0083 | 0.1181 | get 0.0148% / 1h | 9m 04s | $56K | $35K | 20x |
Aster NATGASUSDT
Kraken Futures PF_NATGASUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Aster. 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
- $176.52
- Price spread: −0.021% → 0.000%
- −$2.14
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $156.38
- Costs to cover
- 0.180%
- Break-even
- 0.8 days
Slippage unknown: Aster: live order book, 38 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 Aster live order book, 38 min ago | 4.99 bp | 76.2 bp −$76 | doesn't fit | 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 | 2.8454 | −5.435% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0082 | −0.025% | $2K | $2.4M | 20x | as long as short |
| Hotstuff NATGAS-PERP | +0.0016% | 1h | 3.0073 | −0.055% | $35K | — | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0062 | −0.091% | $629K | $504K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0065 | −0.081% | $110K | $333K | 5x | as long as short |
| QFEX NATGAS-USD | +0.0033% | 1h | 3.0050 | −0.131% | $660K | $96K | 20x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0060 | −0.098% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0049 | −0.135% | $83K | $26K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0060% | 1h | 3.0062 | −0.091% | $6.0M | $5.5M | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0063% | 8h | 3.0076 | −0.046% | $5K | — | 5x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
Hotstuff NATGAS-PERP
Lighter NATGAS
Extended XNG-USD
QFEX NATGAS-USD
Vest NG-PERP
Ondo Perps NATGAS-USD.P
tradeXYZ xyz:NATGAS
Paradex NG-USD-PERPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGAS | +0.0100% | 1h | 3.0059 | −0.101% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.297% | $37K | $218K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.297% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0070 | −0.065% | $1.5M | $93K | 10x | as long as short |
| HTX NATGAS-USDT | +0.0135% | 4h | 3.0081 | −0.028% | $107K | $212K | 75x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0170% | 4h | 3.0052 | −0.124% | $13K | $212K | 25x | as long as short |
| KuCoin NATGASUSDTM | +0.0318% | 4h | 3.0050 | −0.131% | $1.0M | $945K | 20x | as long as short |
| Aster NATGASUSDTlong | +0.0340% | 4h | 3.0090 | long leg | $265K | $75K | 50x | |
| GMX NATGAS/USD [ETH-USDC] | L +0.0528% / S −0.0528% | 1h | 3.0065 | −0.081% | $88K | — | 45x | as long as short |
| Variational Omni NATGAS | +0.0561% | 4h | 3.0060 | −0.099% | $317K | $432K | — | as long as short |
| Binance NATGASUSDT | +0.0582% | 4h | 3.0075 | −0.050% | $10.3M | $28.5M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0592% | 4h | 3.0060 | −0.099% | $85K | $212K | 20x | as long as short |
| Gate NG_USDT | +0.0611% | 8h | 3.0090 | +0.002% | $1.5M | $196K | 100x | as long as short |
| BloFin NG-USDT | +0.0652% | 8h | 3.0070 | −0.065% | $81K | $195K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0653% | 8h | 3.0050 | −0.131% | $867K | $1.7M | 50x | as long as short |
| Bitget NATGASUSDT | +0.0988% | 4h | 3.0040 | −0.165% | $9.9M | $3.2M | 100x | as long as short |
| Kraken Futures PF_NATGASUSDshort | +0.1181% | 1h | 3.0083 | −0.021% | $56K | $35K | 20x |
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
HTX NATGAS-USDT
GRVT NATGAS_USDT_Perp
KuCoin NATGASUSDTM
GMX NATGAS/USD [ETH-USDC]
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
Gate NG_USDT
BloFin NG-USDT
OKX NG-USDT-SWAP
Bitget NATGASUSDT