Funding you earn now, next payment 05:00 UTC+0.0756%/8h= +82.7% APRnext payment +$0.94 per $10,000 · paid last 24h +0.184%
Price spread now: Kraken Futures against Pacifica+0.184%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+0.517%+$52 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and Kraken Futures is 0.184% dearer against Pacifica than usual: you sell high and buy low: +$18 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 0.517% in total (about 26.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.94 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 | 2.9985 | 0.0100 | pay 0.0013% / 1h | 41m 11s | $68K | $33K | 10x |
| Short | Kraken Futures PF_NATGASUSD | 3.0040 | 0.0856 | get 0.0107% / 1h | 41m 11s | $56K | $35K | 20x |
Pacifica NATGAS
Kraken Futures PF_NATGASUSDFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $158.66
- Price spread: +0.184% → 0.000%
- $18.42
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $159.08
- Costs to cover
- 0.180%
- Break-even
- from the start
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 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 | 2.8414 | −5.239% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0031 | +0.153% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0009% | 1h | 3.0020 | +0.117% | $669K | $91K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0014 | +0.097% | $626K | $501K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0008 | +0.078% | $110K | $395K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0010 | +0.083% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 2.9999 | +0.047% | $82K | $26K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0057% | 1h | 3.0009 | +0.080% | $6.0M | $5.7M | 10x | as long as short |
| Hotstuff NATGAS-PERP | +0.0072% | 1h | 3.0002 | +0.057% | $35K | — | 20x | as long as short |
| Paradex NG-USD-PERP | +0.0075% | 8h | 3.0027 | +0.141% | $5K | — | 5x | 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
tradeXYZ xyz:NATGAS
Hotstuff NATGAS-PERP
Paradex NG-USD-PERPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGASlong | +0.0100% | 1h | 2.9985 | long leg | $68K | $33K | 10x | |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | +0.050% | $37K | $217K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | +0.050% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0020 | +0.117% | $1.5M | $93K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0326% | 4h | 3.0010 | +0.083% | $1.0M | $1.0M | 20x | as long as short |
| Aster NATGASUSDT | +0.0374% | 4h | 3.0042 | +0.192% | $264K | $74K | 50x | as long as short |
| HTX NATGAS-USDT | +0.0403% | 4h | 3.0054 | +0.230% | $107K | $214K | 75x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0472% / S −0.0414% | 1h | 3.0025 | +0.133% | $92K | — | 45x | as long as short |
| Gate NG_USDT | +0.0531% | 8h | 3.0050 | +0.217% | $1.5M | $192K | 100x | as long as short |
| OKX NG-USDT-SWAP | +0.0557% | 8h | 3.0010 | +0.083% | $861K | $1.7M | 50x | as long as short |
| Variational Omni NATGAS | +0.0576% | 4h | 3.0020 | +0.116% | $316K | $449K | — | as long as short |
| BloFin NG-USDT | +0.0580% | 8h | 2.9990 | +0.017% | $81K | $191K | 20x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0596% | 4h | 3.0017 | +0.107% | $12K | $230K | 25x | as long as short |
| Binance NATGASUSDT | +0.0598% | 4h | 3.0020 | +0.117% | $10.2M | $28.4M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0617% | 4h | 3.0012 | +0.090% | $85K | $211K | 20x | as long as short |
| Kraken Futures PF_NATGASUSDshort | +0.0856% | 1h | 3.0040 | +0.184% | $56K | $35K | 20x | |
| Bitget NATGASUSDT | +0.0978% | 4h | 2.9990 | +0.017% | $9.9M | $3.2M | 100x | as long as short |
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
KuCoin NATGASUSDTM
Aster NATGASUSDT
HTX NATGAS-USDT
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
OKX NG-USDT-SWAP
Variational Omni NATGAS
BloFin NG-USDT
GRVT NATGAS_USDT_Perp
Binance NATGASUSDT
edgeX NATGASUSDC
Bitget NATGASUSDT