Funding you earn now, next payment 08:00 UTC+0.0244%/8h= +26.7% APRpaid last 24h +0.148%
Price spread now: Kraken Futures against OKX+0.134%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+0.332%+$33 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 +$7 a day on $10k at the current rate, and Kraken Futures is 0.134% dearer against OKX than usual: you sell high and buy low: +$13 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 | OKX NG-USDT-SWAP | 3.0050 | 0.0617 | pay 0.0617% / 8h | 31m 39s | $854K | $1.8M | 50x |
| Short | Kraken Futures PF_NATGASUSD | 3.0090 | 0.0860 | get 0.0108% / 1h | 31m 39s | $56K | $36K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against OKX. 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
- $51.2
- Price spread: +0.134% → 0.000%
- $13.39
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $44.59
- Costs to cover
- 0.200%
- Break-even
- 0.9 days
Slippage unknown: OKX: live order book, 5 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 OKX live order book, 5 min ago | 3.33 bp | 12.8 bp −$13 | 26.5 bp −$265 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff NATGAS-PERP | −0.0088% | 1h | 3.0072 | +0.073% | $35K | — | 20x | as long as short |
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8450 | −5.324% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0092 | +0.140% | $2K | $2.4M | 20x | as long as short |
| HTX NATGAS-USDT | 0.0000% | 4h | 3.0088 | +0.126% | $117K | $217K | 75x | as long as short |
| QFEX NATGAS-USD | +0.0004% | 1h | 3.0070 | +0.067% | $660K | $96K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0079 | +0.097% | $632K | $494K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0067 | +0.058% | $111K | $271K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0070 | +0.067% | — | $14K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0078 | +0.093% | $6.0M | $5.2M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0088 | +0.126% | $83K | $26K | 10x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex NG-USD-PERP | +0.0051% | 8h | 3.0078 | +0.094% | $5K | — | 5x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0076% | 4h | 3.0050 | 0.000% | $15K | $222K | 25x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0071 | +0.069% | $70K | $32K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.166% | $37K | $216K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.166% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0070 | +0.067% | $1.5M | $91K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0166% | 4h | 3.0060 | +0.033% | $1.0M | $885K | 20x | as long as short |
| Aster NATGASUSDT | +0.0183% | 4h | 3.0066 | +0.052% | $265K | $65K | 50x | as long as short |
| Variational Omni NATGAS | +0.0402% | 4h | 3.0069 | +0.064% | $319K | $390K | — | as long as short |
| Binance NATGASUSDT | +0.0418% | 4h | 3.0070 | +0.067% | $10.4M | $28.5M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0441% | 4h | 3.0054 | +0.013% | $85K | $212K | 20x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0578% / S −0.0590% | 1h | 3.0075 | +0.083% | $88K | — | 45x | as long as short |
| Gate NG_USDT | +0.0578% | 8h | 3.0090 | +0.133% | $1.5M | $195K | 100x | as long as short |
| BloFin NG-USDT | +0.0615% | 8h | 3.0060 | +0.033% | $82K | $198K | 20x | as long as short |
| OKX NG-USDT-SWAPlong | +0.0617% | 8h | 3.0050 | long leg | $854K | $1.8M | 50x | |
| Kraken Futures PF_NATGASUSDshort | +0.0860% | 1h | 3.0090 | +0.134% | $56K | $36K | 20x | |
| Bitget NATGASUSDT | +0.0866% | 4h | 3.0040 | −0.033% | $9.9M | $3.0M | 100x | as long as short |
OKX NG-USDT-SWAP
Kraken Futures PF_NATGASUSD
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
HTX NATGAS-USDT
Lighter NATGAS
Extended XNG-USD
tradeXYZ xyz:NATGAS
Paradex NG-USD-PERP
GRVT NATGAS_USDT_Perp
Pacifica NATGAS
ApeX Omni NATGASUSDT
Phemex NGUSDT
KuCoin NATGASUSDTM
Aster NATGASUSDT
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
BloFin NG-USDT
Bitget NATGASUSDT