NATGAS

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0358%/8h= +39.2% APRnext payment +$1.79 per $10,000 · paid last 24h +0.072%

Price spread now: KuCoin against SunX−0.107%7-day average −0.103% · you buy dearer than you sell

Net, funding: paid 7d − costs−$111as in the Funding arb table

Net, price: spread back to 7d avg − costs−$138as in the Price arb table

costs, in and out, $10k−$1381.381% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.272%+$27 on $10k

Price spread, last 4 days (all we have)+0.067%+$7 · spread now −0.107%, 7d avg −0.103%

Together, before fees+0.339%+$34 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.103%, so right now this pair is about funding alone: +$11 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX NATGAS-USDT	3.0042	0	get 0.0000% / 4h	1h 23m	$2K	$2.4M	20x
Short	KuCoin NATGASUSDTM	3.0010	0.0358	get 0.0179% / 4h	1h 23m	$1.1M	$1.1M	20x

Funding history

latest

Range statsloading…

KuCoin against SunX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee SunXbpFee KuCoinbpOrdersPrice spread, now −0.107%Rate

Slippage from SunX: live order book, 4 min ago; KuCoin: live order book, 2 min ago.

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, 4 min ago	14.98 bp	19.4 bp −$19	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	1.67 bp	45.7 bp −$46	doesn't fit	doesn't fit	doesn't fit

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	2.8440	−5.333%	—	—	—	as long as short
SunX NATGAS-USDTlong	0.0000%	4h	3.0042	long leg	$2K	$2.4M	20x
QFEX NATGAS-USD	+0.0019%	1h	3.0010	−0.107%	$659K	$85K	20x	as long as short
Lighter NATGAS	+0.0032%	1h	3.0022	−0.067%	$619K	$494K	10x	as long as short
Vest NG-PERP	+0.0046%	1h	3.0020	−0.073%	—	$378	10x	as long as short
Ondo Perps NATGAS-USD.P	+0.0050%	1h	3.0038	−0.013%	$82K	$26K	10x	as long as short
Paradex NG-USD-PERP	+0.0066%	8h	3.0026	−0.052%	$5K	—	5x	as long as short
tradeXYZ xyz:NATGAS	+0.0094%	1h	3.0010	−0.107%	$6.0M	$5.9M	10x	as long as short
Pacifica NATGAS	+0.0100%	1h	3.0012	−0.100%	$68K	$33K	10x	as long as short
ApeX Omni NATGASUSDT	+0.0100%	1h	3.0000	−0.140%	$37K	$215K	50x	as long as short

Show all 27 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	−0.140%	$3K	$544	10x	as long as short
Phemex NGUSDT	+0.0100%	4h	3.0020	−0.073%	$1.5M	$95K	10x	as long as short
Hotstuff NATGAS-PERP	+0.0112%	1h	3.0013	−0.097%	$35K	—	20x	as long as short
Extended XNG-USD	+0.0128%	1h	3.0002	−0.134%	$110K	$444K	5x	as long as short
HTX NATGAS-USDT	+0.0253%	4h	3.0042	0.000%	$101K	$213K	75x	as long as short
KuCoin NATGASUSDTMshort	+0.0358%	4h	3.0010	−0.107%	$1.1M	$1.1M	20x
Aster NATGASUSDT	+0.0378%	4h	3.0016	−0.088%	$265K	$73K	50x	as long as short
GRVT NATGAS_USDT_Perp	+0.0404%	4h	3.0027	−0.052%	$12K	$214K	25x	as long as short
BloFin NG-USDT	+0.0406%	8h	2.9990	−0.173%	$81K	$188K	20x	as long as short
GMX NATGAS/USD [ETH-USDC]	L +0.0435% / S −0.0373%	1h	3.0025	−0.057%	$92K	—	45x	as long as short
OKX NG-USDT-SWAP	+0.0436%	8h	3.0020	−0.073%	$853K	$1.7M	50x	as long as short
Gate NG_USDT	+0.0448%	8h	3.0060	+0.060%	$1.5M	$209K	100x	as long as short
Variational Omni NATGAS	+0.0547%	4h	3.0019	−0.077%	$311K	$444K	—	as long as short
Binance NATGASUSDT	+0.0590%	4h	3.0020	−0.073%	$10.2M	$28.9M	100x	as long as short
edgeX NATGASUSDC	+0.0598%	4h	3.0019	−0.078%	$85K	$212K	20x	as long as short
Bitget NATGASUSDT	+0.0964%	4h	3.0000	−0.140%	$9.9M	$3.4M	100x	as long as short
Kraken Futures PF_NATGASUSD	+0.1109%	1h	3.0035	−0.024%	$54K	$34K	20x	as long as short