Funding you earn now, next payment 05:00 UTC+0.0258%/8h= +28.2% APRpaid last 24h +0.083%
Price spread now: Kraken Futures against edgeX+0.084%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+0.340%+$34 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Kraken Futures is 0.084% dearer against edgeX than usual: you sell high and buy low: +$8 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 | edgeX NATGASUSDC | 3.0012 | 0.0598 | pay 0.0299% / 4h | 3h 37m | $85K | $212K | 20x |
| Short | Kraken Futures PF_NATGASUSD | 3.0038 | 0.0856 | get 0.0107% / 1h | 37m 26s | $56K | $35K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against edgeX. 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
- $54.14
- Price spread: +0.084% → 0.000%
- $8.44
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $43.58
- Costs to cover
- 0.190%
- Break-even
- 1.4 days
Slippage unknown: edgeX: live order book, 14 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 edgeX live order book, 14 min ago | 13.32 bp | 33.8 bp −$34 | 41.5 bp −$415 | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8404 | −5.359% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0041 | +0.096% | $2K | $2.4M | 20x | as long as short |
| Hotstuff NATGAS-PERP | +0.0008% | 1h | 3.0009 | −0.011% | $35K | — | 20x | as long as short |
| QFEX NATGAS-USD | +0.0009% | 1h | 3.0020 | +0.026% | $669K | $91K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0003 | −0.031% | $626K | $501K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 2.9998 | −0.048% | $110K | $391K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0010 | −0.007% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 2.9999 | −0.044% | $82K | $26K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0063% | 1h | 3.0015 | +0.009% | $6.0M | $5.7M | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0073% | 8h | 3.0024 | +0.038% | $5K | — | 5x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGAS | +0.0100% | 1h | 2.9991 | −0.071% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.041% | $37K | $218K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.041% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0020 | +0.026% | $1.5M | $93K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0328% | 4h | 3.0010 | −0.007% | $1.0M | $1.0M | 20x | as long as short |
| Aster NATGASUSDT | +0.0376% | 4h | 3.0038 | +0.086% | $263K | $74K | 50x | as long as short |
| HTX NATGAS-USDT | +0.0390% | 4h | 3.0054 | +0.139% | $107K | $213K | 75x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0444% | 4h | 3.0019 | +0.024% | $12K | $230K | 25x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0473% / S −0.0415% | 1h | 3.0025 | +0.043% | $92K | — | 45x | as long as short |
| Gate NG_USDT | +0.0531% | 8h | 3.0050 | +0.126% | $1.5M | $192K | 100x | as long as short |
| BloFin NG-USDT | +0.0538% | 8h | 3.0020 | +0.026% | $81K | $193K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0559% | 8h | 3.0010 | −0.007% | $862K | $1.7M | 50x | as long as short |
| Variational Omni NATGAS | +0.0576% | 4h | 3.0020 | +0.025% | $316K | $449K | — | as long as short |
| edgeX NATGASUSDClong | +0.0598% | 4h | 3.0012 | long leg | $85K | $212K | 20x | |
| Binance NATGASUSDT | +0.0598% | 4h | 3.0027 | +0.048% | $10.2M | $28.4M | 100x | as long as short |
| Kraken Futures PF_NATGASUSDshort | +0.0856% | 1h | 3.0038 | +0.084% | $56K | $35K | 20x | |
| Bitget NATGASUSDT | +0.0978% | 4h | 2.9990 | −0.074% | $9.9M | $3.2M | 100x | as long as short |
edgeX NATGASUSDC
Kraken Futures PF_NATGASUSD
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
Lighter NATGAS
Extended XNG-USD
tradeXYZ xyz:NATGAS
Paradex NG-USD-PERP
Pacifica NATGAS
ApeX Omni NATGASUSDT
Phemex NGUSDT
KuCoin NATGASUSDTM
Aster NATGASUSDT
HTX NATGAS-USDT
GRVT NATGAS_USDT_Perp
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
BloFin NG-USDT
OKX NG-USDT-SWAP
Variational Omni NATGAS
Binance NATGASUSDT
Bitget NATGASUSDT