Funding you earn now, next payment 08:00 UTC+0.0428%/8h= +46.9% APRpaid last 24h +0.019%
Price spread now: Gate against KuCoin+0.133%7-day average +0.099% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$700.695% of the position
Funding, last 7 days+0.244%+$24 on $10k
+Price spread, last 7 days−0.035%−$3 · spread now +0.133%, 7d avg +0.099%
=Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Gate is 0.034% dearer against KuCoin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.099%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.244% in total (about 12.7% a year). A funding rate is set anew for every payment. 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 | 0.0140 | pay 0.0070% / 4h | 3m 53s | $1.0M | $864K | 20x |
| Short | Gate NG_USDT | 3.0050 | 0.0568 | get 0.0568% / 8h | 3m 53s | $1.5M | $197K | 100x |
KuCoin NATGASUSDTM
Gate NG_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $89.88
- Price spread: +0.133% → +0.099%
- $3.45
- Slippage, 4 orders
- −$42.53
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $23.8
- Costs to cover
- 0.695%
- Break-even
- 5.1 days
Slippage from KuCoin: live order book, 1 min ago; Gate: live order book, 3 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 | 17.7 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 1.66 bp | 15.4 bp −$15 | 52.1 bp −$521 | doesn't fit | doesn't fit |
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 | 2.8384 | −5.418% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0042 | +0.107% | $2K | $2.4M | 20x | as long as short |
| HTX NATGAS-USDT | 0.0000% | 4h | 3.0027 | +0.057% | $118K | $221K | 75x | as long as short |
| QFEX NATGAS-USD | +0.0004% | 1h | 3.0020 | +0.033% | $659K | $96K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0030 | +0.067% | $631K | $495K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0016 | +0.020% | $109K | $271K | 5x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0042% | 4h | 3.0020 | +0.033% | $18K | $229K | 25x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0030 | +0.067% | — | $14K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0021 | +0.037% | $6.0M | $5.3M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0015 | +0.017% | $82K | $26K | 10x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
HTX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
GRVT NATGAS_USDT_Perp
Vest NG-PERP
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.PShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex NG-USD-PERP | +0.0051% | 8h | 3.0029 | +0.065% | $5K | — | 5x | as long as short |
| Hotstuff NATGAS-PERP | +0.0096% | 1h | 3.0031 | +0.070% | $35K | — | 20x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0002 | −0.027% | $69K | $32K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0100 | +0.300% | $37K | $215K | 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 | 3.0020 | +0.033% | $1.5M | $90K | 10x | as long as short |
| KuCoin NATGASUSDTMlong | +0.0140% | 4h | 3.0010 | long leg | $1.0M | $864K | 20x | |
| Aster NATGASUSDT | +0.0145% | 4h | 3.0040 | +0.100% | $264K | $69K | 50x | as long as short |
| Variational Omni NATGAS | +0.0339% | 4h | 3.0031 | +0.070% | $318K | $390K | — | as long as short |
| Binance NATGASUSDT | +0.0359% | 4h | 3.0020 | +0.033% | $10.4M | $28.6M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0387% | 4h | 3.0037 | +0.089% | $85K | $212K | 20x | as long as short |
| BloFin NG-USDT | +0.0530% | 8h | 3.0010 | 0.000% | $76K | $198K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0546% | 8h | 3.0010 | 0.000% | $802K | $1.9M | 50x | as long as short |
| Gate NG_USDTshort | +0.0568% | 8h | 3.0050 | +0.133% | $1.5M | $197K | 100x | |
| GMX NATGAS/USD [ETH-USDC] | L +0.0586% / S −0.0600% | 1h | 3.0025 | +0.050% | $88K | — | 45x | as long as short |
| Bitget NATGASUSDT | +0.0826% | 4h | 3.0000 | −0.033% | $9.9M | $3.0M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0862% | 1h | 3.0039 | +0.097% | $56K | $35K | 20x | as long as short |
Paradex NG-USD-PERP
Hotstuff NATGAS-PERP
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Aster NATGASUSDT
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
BloFin NG-USDT
OKX NG-USDT-SWAP
GMX NATGAS/USD [ETH-USDC]
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD