Funding you earn now, next payment 08:00 UTC−0.0295%/8h= −32.3% APRpaid last 24h −0.136%
Price spread now: Gate against Kraken Futures+0.030%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−0.244%−$24 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Gate is 0.030% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.030% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 8 hours. At the pace of the last 7 days (−0.244% in total) that is about 20 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_NATGASUSD | 3.0041 | 0.0862 | pay 0.0108% / 1h | 3m 10s | $56K | $35K | 20x |
| Short | Gate NG_USDT | 3.0050 | 0.0567 | get 0.0567% / 8h | 3m 10s | $1.5M | $197K | 100x |
Kraken Futures PF_NATGASUSD
Gate NG_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Kraken Futures. 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
- −$61.9
- Price spread: +0.030% → 0.000%
- $2.98
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$83.92
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Gate: live order book, 4 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 4 min ago | 1.66 bp | 15.4 bp −$15 | 52.1 bp −$521 | doesn't fit | doesn't fit |
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 | 2.8390 | −5.496% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0042 | +0.003% | $2K | $2.4M | 20x | as long as short |
| HTX NATGAS-USDT | 0.0000% | 4h | 3.0033 | −0.027% | $118K | $221K | 75x | as long as short |
| QFEX NATGAS-USD | +0.0004% | 1h | 3.0020 | −0.070% | $659K | $96K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0030 | −0.037% | $631K | $495K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0020 | −0.071% | $109K | $271K | 5x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0042% | 4h | 3.0020 | −0.070% | $18K | $229K | 25x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0030 | −0.037% | — | $14K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0030 | −0.037% | $6.0M | $5.3M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0015 | −0.087% | $82K | $26K | 10x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
HTX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
GRVT NATGAS_USDT_Perp
Vest NG-PERP
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.PShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex NG-USD-PERP | +0.0051% | 8h | 3.0032 | −0.030% | $5K | — | 5x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0004 | −0.123% | $69K | $32K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0100 | +0.196% | $37K | $215K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.137% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0030 | −0.037% | $1.5M | $90K | 10x | as long as short |
| Hotstuff NATGAS-PERP | +0.0104% | 1h | 3.0023 | −0.060% | $35K | — | 20x | as long as short |
| KuCoin NATGASUSDTM | +0.0140% | 4h | 3.0020 | −0.070% | $1.0M | $863K | 20x | as long as short |
| Aster NATGASUSDT | +0.0143% | 4h | 3.0040 | −0.003% | $264K | $69K | 50x | as long as short |
| Variational Omni NATGAS | +0.0339% | 4h | 3.0031 | −0.034% | $318K | $390K | — | as long as short |
| Binance NATGASUSDT | +0.0356% | 4h | 3.0031 | −0.033% | $10.4M | $28.6M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0387% | 4h | 3.0037 | −0.014% | $85K | $212K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0544% | 8h | 3.0010 | −0.103% | $802K | $1.9M | 50x | as long as short |
| Gate NG_USDTshort | +0.0567% | 8h | 3.0050 | +0.030% | $1.5M | $197K | 100x | |
| BloFin NG-USDT | +0.0575% | 8h | 3.0000 | −0.137% | $76K | $198K | 20x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0586% / S −0.0600% | 1h | 3.0025 | −0.053% | $88K | — | 45x | as long as short |
| Bitget NATGASUSDT | +0.0826% | 4h | 3.0010 | −0.103% | $9.9M | $3.0M | 100x | as long as short |
| Kraken Futures PF_NATGASUSDlong | +0.0862% | 1h | 3.0041 | long leg | $56K | $35K | 20x |
Paradex NG-USD-PERP
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Hotstuff NATGAS-PERP
KuCoin NATGASUSDTM
Aster NATGASUSDT
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
OKX NG-USDT-SWAP
BloFin NG-USDT
GMX NATGAS/USD [ETH-USDC]
Bitget NATGASUSDT