Funding you earn now, next payment 09:00 UTC−0.0765%/8h= −83.7% APRnext payment −$0.96 per $10,000 · paid last 24h −0.216%
Price spread now: Hotstuff against Kraken Futures+0.008%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$23 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_NATGASUSD | 3.0006 | 0.0685 | pay 0.0086% / 1h | 20m 02s | $53K | $37K | 20x |
| Short | Hotstuff NATGAS-PERP | 3.0008 | −0.0080 | pay 0.0010% / 1h | 20m 02s | $35K | — | 20x |
Kraken Futures PF_NATGASUSD
Hotstuff NATGAS-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff 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
- −$160.58
- Price spread: +0.008% → 0.000%
- $0.77
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$174.8
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Hotstuff: 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
Kraken Futures and 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff NATGAS-PERPshort | −0.0080% | 1h | 3.0008 | +0.008% | $35K | — | 20x | |
| QFEX NATGAS-USD | 0.0000% | 1h | 3.0010 | +0.014% | $658K | $96K | 20x | as long as short |
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8369 | −5.455% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0042 | +0.121% | $2K | $2.2M | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0009 | +0.011% | $630K | $483K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 2.9981 | −0.082% | $109K | $253K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0010 | +0.014% | — | $14K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0002 | −0.012% | $6.0M | $5.2M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0039 | +0.111% | $84K | $29K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0070% | 8h | 3.0039 | +0.110% | $5K | — | 5x | as long as short |
QFEX NATGAS-USD
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
Lighter NATGAS
Extended XNG-USD
Vest NG-PERP
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.P
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 | 2.9993 | −0.042% | $69K | $30K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.019% | $37K | $214K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.019% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0020 | +0.048% | $1.5M | $91K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0166% | 4h | 3.0000 | −0.019% | $1.0M | $837K | 20x | as long as short |
| Gate NG_USDT | +0.0203% | 8h | 3.0030 | +0.081% | $1.5M | $193K | 100x | as long as short |
| Aster NATGASUSDT | +0.0216% | 4h | 3.0018 | +0.043% | $264K | $69K | 50x | as long as short |
| HTX NATGAS-USDT | +0.0279% | 4h | 3.0041 | +0.118% | $118K | $220K | 75x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0386% | 4h | 3.0013 | +0.025% | $20K | $213K | 25x | as long as short |
| Variational Omni NATGAS | +0.0389% | 4h | 3.0021 | +0.050% | $347K | $420K | — | as long as short |
| edgeX NATGASUSDC | +0.0404% | 4h | 3.0024 | +0.060% | $85K | $212K | 20x | as long as short |
| Binance NATGASUSDT | +0.0408% | 4h | 3.0000 | −0.019% | $10.4M | $29.0M | 100x | as long as short |
| BloFin NG-USDT | +0.0473% | 8h | 3.0000 | −0.019% | $76K | $197K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0501% | 8h | 3.0000 | −0.019% | $802K | $1.9M | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0587% / S −0.0602% | 1h | 3.0025 | +0.064% | $88K | — | 45x | as long as short |
| Kraken Futures PF_NATGASUSDlong | +0.0685% | 1h | 3.0006 | long leg | $53K | $37K | 20x | |
| Bitget NATGASUSDT | +0.0872% | 4h | 2.9980 | −0.086% | $9.9M | $2.9M | 100x | as long as short |
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
KuCoin NATGASUSDTM
Gate NG_USDT
Aster NATGASUSDT
HTX NATGAS-USDT
GRVT NATGAS_USDT_Perp
Variational Omni NATGAS
edgeX NATGASUSDC
Binance NATGASUSDT
BloFin NG-USDT
OKX NG-USDT-SWAP
GMX NATGAS/USD [ETH-USDC]
Bitget NATGASUSDT