Funding you earn now, next payment 03:00 UTC+0.0287%/8h= +31.5% APRpaid last 24h −0.048%
Price spread now: Kraken Futures against Bitget+0.077%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−0.437%−$44 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 +$9 a day on $10k at the current rate, and Kraken Futures is 0.077% dearer against Bitget than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.437%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget NATGASUSDT | 3.0000 | 0.0822 | pay 0.0411% / 4h | 1h 50m | $9.9M | $3.4M | 100x |
| Short | Kraken Futures PF_NATGASUSD | 3.0023 | 0.1109 | get 0.0139% / 1h | 50m 38s | $53K | $36K | 20x |
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Bitget. 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
- $60.33
- Price spread: +0.077% → 0.000%
- $7.69
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $46.01
- Costs to cover
- 0.220%
- Break-even
- 1.7 days
Slippage unknown: Bitget: 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 Bitget live order book, 3 min ago | 1.67 bp | 11.4 bp −$11 | 21.7 bp −$217 | 72.6 bp −$7,264 | 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 26 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 | 2.8385 | −5.383% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0032 | +0.107% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0019% | 1h | 3.0010 | +0.033% | $659K | $85K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0026 | +0.087% | $619K | $445K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0001 | +0.004% | $110K | $442K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0010 | +0.033% | — | $378 | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0031 | +0.103% | $82K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0063% | 8h | 3.0026 | +0.088% | $5K | — | 5x | as long as short |
| Hotstuff NATGAS-PERP | +0.0072% | 1h | 3.0010 | +0.033% | $35K | — | 20x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0084% | 1h | 3.0011 | +0.037% | $5.9M | $5.9M | 10x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
Vest NG-PERP
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
Hotstuff NATGAS-PERP
tradeXYZ xyz:NATGASShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGAS | +0.0100% | 1h | 2.9998 | −0.007% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | 0.000% | $37K | $218K | 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 | $95K | 10x | as long as short |
| HTX NATGAS-USDT | +0.0218% | 4h | 3.0029 | +0.097% | $98K | $211K | 75x | as long as short |
| KuCoin NATGASUSDTM | +0.0268% | 4h | 3.0010 | +0.033% | $1.0M | $1.1M | 20x | as long as short |
| Aster NATGASUSDT | +0.0285% | 4h | 3.0010 | +0.035% | $265K | $73K | 50x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0370% | 4h | 3.0010 | +0.033% | $12K | $214K | 25x | as long as short |
| OKX NG-USDT-SWAP | +0.0384% | 8h | 3.0020 | +0.067% | $862K | $1.7M | 50x | as long as short |
| Gate NG_USDT | +0.0403% | 8h | 3.0040 | +0.133% | $1.5M | $208K | 100x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0427% / S −0.0364% | 1h | 3.0015 | +0.050% | $92K | — | 45x | as long as short |
| Variational Omni NATGAS | +0.0459% | 4h | 3.0009 | +0.030% | $311K | $444K | — | as long as short |
| Binance NATGASUSDT | +0.0504% | 4h | 3.0010 | +0.033% | $10.2M | $28.9M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0510% | 4h | 3.0010 | +0.034% | $85K | $212K | 20x | as long as short |
| Bitget NATGASUSDTlong | +0.0822% | 4h | 3.0000 | long leg | $9.9M | $3.4M | 100x | |
| Kraken Futures PF_NATGASUSDshort | +0.1109% | 1h | 3.0023 | +0.077% | $53K | $36K | 20x |
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
HTX NATGAS-USDT
KuCoin NATGASUSDTM
Aster NATGASUSDT
GRVT NATGAS_USDT_Perp
OKX NG-USDT-SWAP
Gate NG_USDT
GMX NATGAS/USD [ETH-USDC]
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC