Funding you earn now, next payment 03:00 UTC+0.1109%/8h= +121.4% APRpaid last 24h +0.196%
Price spread now: Kraken Futures against SunX−0.029%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.700%+$70 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Kraken Futures is 0.029% cheaper against SunX than usual: you would sell low and buy high (spread −0.029% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 2 hours of funding at the current rate (+$33 a day). At the pace of the last 7 days (+0.700% in total) that is about 7 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.700% in total (about 36.5% 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 | SunX NATGAS-USDT | 3.0041 | 0 | get 0.0000% / 4h | 1h 25m | $2K | $2.4M | 20x |
| Short | Kraken Futures PF_NATGASUSD | 3.0032 | 0.1109 | get 0.0139% / 1h | 25m 02s | $53K | $34K | 20x |
SunX NATGAS-USDT
Kraken Futures PF_NATGASUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against SunX. 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
- $232.88
- Price spread: −0.029% → 0.000%
- −$2.92
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $211.96
- Costs to cover
- 0.180%
- Break-even
- 0.6 days
Slippage unknown: SunX: live order book, 2 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 SunX live order book, 2 min ago | 14.98 bp | 19.4 bp −$19 | doesn't fit | 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 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-USDTlong | 0.0000% | 4h | 3.0041 | long leg | $2K | $2.4M | 20x | |
| QFEX NATGAS-USD | +0.0019% | 1h | 3.0010 | −0.103% | $659K | $85K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0020 | −0.070% | $619K | $494K | 10x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0020 | −0.070% | — | $378 | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0007 | −0.113% | $82K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0067% | 8h | 3.0026 | −0.049% | $5K | — | 5x | as long as short |
| Hotstuff NATGAS-PERP | +0.0096% | 1h | 3.0015 | −0.087% | $35K | — | 20x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0097% | 1h | 3.0010 | −0.103% | $6.0M | $5.9M | 10x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0012 | −0.097% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.136% | $37K | $216K | 50x | as long as short |
QFEX NATGAS-USD
Lighter NATGAS
Vest NG-PERP
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
Hotstuff NATGAS-PERP
tradeXYZ xyz:NATGAS
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 | −0.136% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0020 | −0.070% | $1.5M | $95K | 10x | as long as short |
| Extended XNG-USD | +0.0112% | 1h | 3.0002 | −0.131% | $110K | $444K | 5x | as long as short |
| HTX NATGAS-USDT | +0.0251% | 4h | 3.0042 | +0.003% | $101K | $213K | 75x | as long as short |
| KuCoin NATGASUSDTM | +0.0352% | 4h | 3.0010 | −0.103% | $1.1M | $1.1M | 20x | as long as short |
| Aster NATGASUSDT | +0.0371% | 4h | 3.0018 | −0.077% | $265K | $73K | 50x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0404% | 4h | 3.0027 | −0.048% | $12K | $214K | 25x | as long as short |
| OKX NG-USDT-SWAP | +0.0433% | 8h | 3.0020 | −0.070% | $853K | $1.7M | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0434% / S −0.0372% | 1h | 3.0025 | −0.053% | $92K | — | 45x | as long as short |
| Gate NG_USDT | +0.0443% | 8h | 3.0060 | +0.063% | $1.5M | $209K | 100x | as long as short |
| BloFin NG-USDT | +0.0443% | 8h | 2.9990 | −0.170% | $81K | $188K | 20x | as long as short |
| Variational Omni NATGAS | +0.0547% | 4h | 3.0019 | −0.074% | $311K | $444K | — | as long as short |
| edgeX NATGASUSDC | +0.0579% | 4h | 3.0019 | −0.074% | $85K | $211K | 20x | as long as short |
| Binance NATGASUSDT | +0.0584% | 4h | 3.0020 | −0.070% | $10.2M | $28.9M | 100x | as long as short |
| Bitget NATGASUSDT | +0.0958% | 4h | 3.0000 | −0.136% | $9.9M | $3.4M | 100x | as long as short |
| Kraken Futures PF_NATGASUSDshort | +0.1109% | 1h | 3.0032 | −0.029% | $53K | $34K | 20x |
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Extended XNG-USD
HTX NATGAS-USDT
KuCoin NATGASUSDTM
Aster NATGASUSDT
GRVT NATGAS_USDT_Perp
OKX NG-USDT-SWAP
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
BloFin NG-USDT
Variational Omni NATGAS
edgeX NATGASUSDC
Binance NATGASUSDT
Bitget NATGASUSDT