Funding you earn now, next payment 02:00 UTC+0.0206%/8h= +22.6% APRpaid last 24h +0.053%
Price spread now: KuCoin against Hotstuff+0.023%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and KuCoin is 0.023% dearer against Hotstuff than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff NATGAS-PERP | 3.0003 | −0.0040 | get 0.0005% / 1h | 14m 17s | $35K | — | 20x |
| Short | KuCoin NATGASUSDTM | 3.0010 | 0.0166 | get 0.0083% / 4h | 2h 14m | $1.0M | $1.1M | 20x |
Hotstuff NATGAS-PERP
KuCoin NATGASUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Hotstuff. 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
- $43.26
- Price spread: +0.023% → 0.000%
- $2.33
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $28.59
- Costs to cover
- 0.170%
- Break-even
- 2.4 days
Slippage unknown: Hotstuff: no order-book sample; KuCoin: live order book, 1 min ago. 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 Hotstuff no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 1 min ago | 1.67 bp | 16.3 bp −$16 | 517.6 bp −$5,176 | doesn't fit | doesn't fit |
Hotstuff: 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff NATGAS-PERPlong | −0.0040% | 1h | 3.0003 | long leg | $35K | — | 20x | |
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8361 | −5.473% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0021 | +0.060% | $2K | $2.5M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0019% | 1h | 3.0010 | +0.023% | $658K | $86K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0001 | −0.007% | $618K | $445K | 10x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0000 | −0.010% | — | $378 | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 2.9992 | −0.037% | $5.9M | $5.9M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0030 | +0.090% | $82K | $27K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0072% | 8h | 3.0015 | +0.038% | $5K | — | 5x | as long as short |
| Extended XNG-USD | +0.0080% | 1h | 2.9976 | −0.089% | $110K | $449K | 5x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Vest NG-PERP
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
Extended XNG-USDShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGAS | +0.0100% | 1h | 3.0004 | +0.003% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.010% | $37K | $218K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.010% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 2.9990 | −0.043% | $1.5M | $95K | 10x | as long as short |
| KuCoin NATGASUSDTMshort | +0.0166% | 4h | 3.0010 | +0.023% | $1.0M | $1.1M | 20x | |
| Aster NATGASUSDT | +0.0235% | 4h | 2.9986 | −0.057% | $265K | $73K | 50x | as long as short |
| HTX NATGAS-USDT | +0.0247% | 4h | 3.0009 | +0.020% | $98K | $212K | 75x | as long as short |
| OKX NG-USDT-SWAP | +0.0355% | 8h | 3.0000 | −0.010% | $860K | $1.7M | 50x | as long as short |
| Variational Omni NATGAS | +0.0384% | 4h | 3.0009 | +0.021% | $311K | $444K | — | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0422% / S −0.0359% | 1h | 3.0005 | +0.007% | $92K | — | 45x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0426% | 4h | 3.0018 | +0.049% | $12K | $214K | 25x | as long as short |
| Gate NG_USDT | +0.0433% | 8h | 3.0030 | +0.090% | $1.5M | $219K | 100x | as long as short |
| edgeX NATGASUSDC | +0.0436% | 4h | 3.0009 | +0.022% | $85K | $213K | 20x | as long as short |
| Binance NATGASUSDT | +0.0447% | 4h | 2.9990 | −0.043% | $10.2M | $29.1M | 100x | as long as short |
| Bitget NATGASUSDT | +0.0700% | 4h | 2.9960 | −0.143% | $9.9M | $3.4M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0826% | 1h | 3.0015 | +0.041% | $53K | $38K | 20x | as long as short |
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Aster NATGASUSDT
HTX NATGAS-USDT
OKX NG-USDT-SWAP
Variational Omni NATGAS
GMX NATGAS/USD [ETH-USDC]
GRVT NATGAS_USDT_Perp
Gate NG_USDT
edgeX NATGASUSDC
Binance NATGASUSDT
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD