Funding you earn now, next payment 04:00 UTC+0.0221%/8h= +24.2% APRnext payment +$1.11 per $10,000 · paid last 24h +0.045%
Price spread now: edgeX against KuCoin+0.029%113s7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1461.455% of the position
Funding, last 7 days+0.086%+$9 on $10k
+Price spread, last 4 days (all we have)−0.085%−$8 · spread now +0.029%, 7d avg +0.043%
=Together, before fees+0.001%+ Points / potential airdropedgeX: Active · farm board$0 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.043%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate. The two prices were read 113 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.086% in total (about 4.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.11 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 | KuCoin NATGASUSDTM | 3.0010 | 0.0358 | pay 0.0179% / 4h | 1h 23m | $1.1M | $1.1M | 20x |
| Short | edgeX NATGASUSDC | 3.0019 | 0.0579 | get 0.0290% / 4h | 1h 23m | $85K | $211K | 20x |
KuCoin NATGASUSDTM
edgeX NATGASUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $46.44
- Price spread: +0.029% → +0.043%
- −$1.35
- Slippage, 4 orders
- −$124.54
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$100.44
- Costs to cover
- 1.455%
- Break-even
- 22.1 days
Slippage from KuCoin: live order book, 1 min ago; edgeX: live order book, 38 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 | 45.4 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 38 min ago | 13.34 bp | 21.1 bp −$21 | 29.1 bp −$291 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0042 | +0.107% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0019% | 1h | 3.0010 | 0.000% | $659K | $85K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0020 | +0.033% | $619K | $494K | 10x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0020 | +0.033% | — | $378 | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0038 | +0.093% | $82K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0066% | 8h | 3.0026 | +0.054% | $5K | — | 5x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0095% | 1h | 3.0010 | 0.000% | $6.0M | $5.9M | 10x | as long as short |
| Hotstuff NATGAS-PERP | +0.0096% | 1h | 3.0014 | +0.013% | $35K | — | 20x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0012 | +0.007% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.033% | $37K | $216K | 50x | as long as short |
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Vest NG-PERP
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
tradeXYZ xyz:NATGAS
Hotstuff NATGAS-PERP
Pacifica NATGAS
ApeX Omni NATGASUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.033% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0020 | +0.033% | $1.5M | $95K | 10x | as long as short |
| Extended XNG-USD | +0.0120% | 1h | 3.0001 | −0.028% | $110K | $444K | 5x | as long as short |
| HTX NATGAS-USDT | +0.0252% | 4h | 3.0040 | +0.100% | $101K | $213K | 75x | as long as short |
| KuCoin NATGASUSDTMlong | +0.0358% | 4h | 3.0010 | long leg | $1.1M | $1.1M | 20x | |
| Aster NATGASUSDT | +0.0378% | 4h | 3.0017 | +0.023% | $265K | $73K | 50x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0404% | 4h | 3.0027 | +0.055% | $12K | $214K | 25x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0434% / S −0.0373% | 1h | 3.0025 | +0.050% | $92K | — | 45x | as long as short |
| OKX NG-USDT-SWAP | +0.0435% | 8h | 3.0020 | +0.033% | $853K | $1.7M | 50x | as long as short |
| BloFin NG-USDT | +0.0443% | 8h | 2.9990 | −0.067% | $81K | $188K | 20x | as long as short |
| Gate NG_USDT | +0.0448% | 8h | 3.0060 | +0.167% | $1.5M | $209K | 100x | as long as short |
| Variational Omni NATGAS | +0.0547% | 4h | 3.0019 | +0.029% | $311K | $444K | — | as long as short |
| edgeX NATGASUSDCshort | +0.0579% | 4h | 3.0019 | +0.029% | $85K | $211K | 20x | |
| Binance NATGASUSDT | +0.0590% | 4h | 3.0020 | +0.033% | $10.2M | $28.9M | 100x | as long as short |
| Bitget NATGASUSDT | +0.0964% | 4h | 2.9990 | −0.067% | $9.9M | $3.4M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1109% | 1h | 3.0032 | +0.073% | $53K | $34K | 20x | as long as short |
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Extended XNG-USD
HTX NATGAS-USDT
Aster NATGASUSDT
GRVT NATGAS_USDT_Perp
GMX NATGAS/USD [ETH-USDC]
OKX NG-USDT-SWAP
BloFin NG-USDT
Gate NG_USDT
Variational Omni NATGAS
Binance NATGASUSDT
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD