NATGAS

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.1009%/8h= +110.5% APRnext payment +$1.26 per $10,000 · paid last 24h +0.166%

Price spread now: Kraken Futures against Pacifica+0.119%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Pacifica Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.490%+$49 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropPacifica: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$30 a day on $10k at the current rate, and Kraken Futures is 0.119% dearer against Pacifica than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.490% in total (about 25.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.26 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica NATGAS	2.9998	0.0100	pay 0.0013% / 1h	49m 02s	$68K	$33K	10x
Short	Kraken Futures PF_NATGASUSD	3.0034	0.1109	get 0.0139% / 1h	49m 02s	$54K	$36K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Pacifica. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee PacificabpFee Kraken FuturesbpOrdersPrice spread, now +0.119%Rate

Funding earned: $211.86
Price spread: +0.119% → 0.000%: $11.9
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $205.77
Costs to cover: 0.180%
Break-even: 0.2 days

Slippage unknown: Pacifica: no order-book sample; 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 Pacifica no order-book sample	—	—	—	—	—
Sell Kraken Futures no order-book sample	—	—	—	—	—

Pacifica and 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	−5.377%	—	—	—	as long as short
SunX NATGAS-USDT	0.0000%	4h	3.0041	+0.143%	$2K	$2.4M	20x	as long as short
QFEX NATGAS-USD	+0.0019%	1h	3.0020	+0.073%	$659K	$85K	20x	as long as short
Lighter NATGAS	+0.0032%	1h	3.0026	+0.093%	$619K	$445K	10x	as long as short
Extended XNG-USD	+0.0032%	1h	3.0001	+0.011%	$110K	$442K	5x	as long as short
Vest NG-PERP	+0.0046%	1h	3.0010	+0.040%	—	$378	10x	as long as short
Ondo Perps NATGAS-USD.P	+0.0050%	1h	3.0031	+0.110%	$82K	$26K	10x	as long as short
Paradex NG-USD-PERP	+0.0063%	8h	3.0029	+0.104%	$5K	—	5x	as long as short
tradeXYZ xyz:NATGAS	+0.0065%	1h	3.0009	+0.037%	$5.9M	$5.9M	10x	as long as short
Pacifica NATGASlong	+0.0100%	1h	2.9998	long leg	$68K	$33K	10x

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni NATGASUSDT	+0.0100%	1h	3.0000	+0.007%	$37K	$218K	50x	as long as short
Orderly PERP_NATGAS_USDC_mythos	+0.0100%	8h	3.0000	+0.007%	$3K	$544	10x	as long as short
Phemex NGUSDT	+0.0100%	4h	3.0030	+0.107%	$1.5M	$95K	10x	as long as short
HTX NATGAS-USDT	+0.0216%	4h	3.0041	+0.143%	$98K	$212K	75x	as long as short
KuCoin NATGASUSDTM	+0.0268%	4h	3.0010	+0.040%	$1.0M	$1.1M	20x	as long as short
Hotstuff NATGAS-PERP	+0.0272%	1h	3.0023	+0.083%	$35K	—	20x	as long as short
Aster NATGASUSDT	+0.0287%	4h	3.0011	+0.044%	$265K	$73K	50x	as long as short
GRVT NATGAS_USDT_Perp	+0.0364%	4h	3.0010	+0.040%	$12K	$214K	25x	as long as short
OKX NG-USDT-SWAP	+0.0387%	8h	3.0020	+0.073%	$862K	$1.7M	50x	as long as short
Gate NG_USDT	+0.0404%	8h	3.0050	+0.173%	$1.5M	$208K	100x	as long as short
GMX NATGAS/USD [ETH-USDC]	L +0.0427% / S −0.0365%	1h	3.0025	+0.090%	$92K	—	45x	as long as short
Variational Omni NATGAS	+0.0459%	4h	3.0009	+0.037%	$311K	$444K	—	as long as short
Binance NATGASUSDT	+0.0505%	4h	3.0022	+0.079%	$10.2M	$28.9M	100x	as long as short
edgeX NATGASUSDC	+0.0510%	4h	3.0010	+0.040%	$85K	$212K	20x	as long as short
Bitget NATGASUSDT	+0.0826%	4h	3.0000	+0.007%	$9.9M	$3.4M	100x	as long as short
Kraken Futures PF_NATGASUSDshort	+0.1109%	1h	3.0034	+0.119%	$54K	$36K	20x