Funding you earn now, next payment 04:00 UTC+0.0558%/8h= +61.1% APRnext payment +$2.79 per $10,000 · paid last 24h +0.171%
Price spread now: Bitget against KuCoin−0.033%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs+$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$550.546% of the position
Funding, last 7 days+0.866%+$87 on $10k
+Price spread, last 7 days+0.112%+$11 · spread now −0.033%, 7d avg +0.004%
=Funding pays, the price is against you. Bitget is 0.038% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.033% now, against its 7-day average of +0.004%). If the spread goes back, that is −$4 on $10k: about 5 hours of funding at the current rate (+$17 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NATGASUSDTM | 3.0010 | 0.0268 | pay 0.0134% / 4h | 1h 49m | $1.0M | $1.1M | 20x |
| Short | Bitget NATGASUSDT | 3.0000 | 0.0826 | get 0.0413% / 4h | 1h 49m | $9.9M | $3.4M | 100x |
KuCoin NATGASUSDTM
Bitget NATGASUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against KuCoin. 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
- $117.18
- Price spread: −0.033% → +0.004%
- −$3.77
- Slippage, 4 orders
- −$30.6
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $58.82
- Costs to cover
- 0.546%
- Break-even
- 3.5 days
Slippage from KuCoin: live order book, 1 min ago; Bitget: live order book, 4 min ago.
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 KuCoin live order book, 1 min ago | 1.67 bp | 16.2 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 1.67 bp | 10.0 bp −$10 | 20.3 bp −$203 | 94.2 bp −$9,425 | doesn't fit |
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 | −5.415% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0041 | +0.103% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0019% | 1h | 3.0020 | +0.033% | $659K | $85K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0026 | +0.053% | $619K | $445K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0001 | −0.029% | $110K | $442K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0010 | 0.000% | — | $378 | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0031 | +0.070% | $82K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0063% | 8h | 3.0029 | +0.064% | $5K | — | 5x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0065% | 1h | 3.0009 | −0.003% | $5.9M | $5.9M | 10x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 2.9998 | −0.040% | $68K | $33K | 10x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
Vest NG-PERP
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
tradeXYZ xyz:NATGAS
Pacifica NATGASShow 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 | −0.033% | $37K | $218K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.033% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0030 | +0.067% | $1.5M | $95K | 10x | as long as short |
| HTX NATGAS-USDT | +0.0216% | 4h | 3.0041 | +0.103% | $98K | $212K | 75x | as long as short |
| KuCoin NATGASUSDTMlong | +0.0268% | 4h | 3.0010 | long leg | $1.0M | $1.1M | 20x | |
| Hotstuff NATGAS-PERP | +0.0272% | 1h | 3.0023 | +0.043% | $35K | — | 20x | as long as short |
| Aster NATGASUSDT | +0.0287% | 4h | 3.0011 | +0.004% | $265K | $73K | 50x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0364% | 4h | 3.0010 | 0.000% | $12K | $214K | 25x | as long as short |
| OKX NG-USDT-SWAP | +0.0387% | 8h | 3.0020 | +0.033% | $862K | $1.7M | 50x | as long as short |
| Gate NG_USDT | +0.0404% | 8h | 3.0050 | +0.133% | $1.5M | $208K | 100x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0427% / S −0.0365% | 1h | 3.0025 | +0.050% | $92K | — | 45x | as long as short |
| Variational Omni NATGAS | +0.0459% | 4h | 3.0009 | −0.003% | $311K | $444K | — | as long as short |
| Binance NATGASUSDT | +0.0505% | 4h | 3.0022 | +0.039% | $10.2M | $28.9M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0510% | 4h | 3.0010 | 0.000% | $85K | $212K | 20x | as long as short |
| Bitget NATGASUSDTshort | +0.0826% | 4h | 3.0000 | −0.033% | $9.9M | $3.4M | 100x | |
| Kraken Futures PF_NATGASUSD | +0.1109% | 1h | 3.0034 | +0.079% | $54K | $36K | 20x | as long as short |
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
HTX NATGAS-USDT
Hotstuff NATGAS-PERP
Aster NATGASUSDT
GRVT NATGAS_USDT_Perp
OKX NG-USDT-SWAP
Gate NG_USDT
GMX NATGAS/USD [ETH-USDC]
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
Kraken Futures PF_NATGASUSD