NATGAS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0218%/8h= +23.8% APRnext payment +$1.09 per $10,000 · paid last 24h +0.222%

Price spread now: Bitget against Binance−0.067%7-day average −0.061% · you buy dearer than you sell

Net, funding: paid 7d − costs+$50as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$360.355% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.855%+$85 on $10k

Price spread, last 2 days (all we have)+0.044%+$4 · spread now −0.067%, 7d avg −0.061%

Together, before fees+0.899%+$90 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.061%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance NATGASUSDT	2.9920	0.0676	pay 0.0338% / 4h	1h 27m	$10.1M	$31.2M	100x
Short	Bitget NATGASUSDT	2.9900	0.0894	get 0.0447% / 4h	1h 27m	$10.0M	$4.0M	100x

Funding history

latest

Range statsloading…

Bitget against Binance. 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 BinancebpFee BitgetbpOrdersPrice spread, now −0.067%Rate

Slippage from Binance: live order book, 14 min ago; Bitget: live order book, 1 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 14 min ago	1.67 bp	6.7 bp −$7	15.6 bp −$156	38.4 bp −$3,841	145.9 bp −$73.0K
Sell Bitget live order book, 1 min ago	1.67 bp	10.0 bp −$10	20.3 bp −$203	68.0 bp −$6,804	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
Hotstuff NATGAS-PERP	−0.0016%	1h	2.9913	−0.023%	$35K	—	20x	as long as short
SunX NATGAS-USDT	0.0000%	4h	2.9941	+0.070%	$2K	$2.6M	20x	as long as short
Lighter NATGAS	+0.0032%	1h	2.9909	−0.037%	$618K	$411K	10x	as long as short
Vest NG-PERP	+0.0046%	1h	2.9920	0.000%	—	$378	10x	as long as short
tradeXYZ xyz:NATGAS	+0.0050%	1h	2.9913	−0.023%	$5.9M	$6.0M	10x	as long as short
Ondo Perps NATGAS-USD.P	+0.0050%	1h	2.9908	−0.040%	$84K	$50K	10x	as long as short
Pacifica NATGAS	+0.0100%	1h	2.9902	−0.062%	$68K	$34K	10x	as long as short
ApeX Omni NATGASUSDT	+0.0100%	1h	2.9900	−0.067%	$36K	$216K	50x	as long as short
Orderly PERP_NATGAS_USDC_mythos	+0.0100%	8h	2.9900	−0.067%	$3K	$544	10x	as long as short
Phemex NGUSDT	+0.0100%	4h	2.9920	0.000%	$1.5M	$101K	10x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex NG-USD-PERP	+0.0132%	8h	2.9922	+0.006%	$5K	—	5x	as long as short
Extended XNG-USD	+0.0144%	1h	2.9901	−0.064%	$110K	$1.2M	5x	as long as short
QFEX NATGAS-USD	+0.0160%	1h	2.9910	−0.033%	$656K	$86K	20x	as long as short
Gate NG_USDT	+0.0235%	8h	2.9950	+0.100%	$1.5M	$306K	100x	as long as short
KuCoin NATGASUSDTM	+0.0264%	4h	2.9910	−0.033%	$1.0M	$1.2M	20x	as long as short
HTX NATGAS-USDT	+0.0300%	4h	2.9946	+0.087%	$98K	$216K	75x	as long as short
BloFin NG-USDT	+0.0328%	8h	2.9910	−0.033%	$84K	$189K	20x	as long as short
OKX NG-USDT-SWAP	+0.0343%	8h	2.9920	0.000%	$855K	$1.7M	50x	as long as short
GMX NATGAS/USD [ETH-USDC]	L +0.0406% / S −0.0333%	1h	2.9925	+0.017%	$93K	—	25x	as long as short
GRVT NATGAS_USDT_Perp	+0.0440%	4h	2.9916	−0.015%	$13K	$246K	25x	as long as short
Kraken Futures PF_NATGASUSD	+0.0515%	1h	2.9939	+0.065%	$52K	$44K	20x	as long as short
Aster NATGASUSDT	+0.0603%	4h	2.9940	+0.067%	$265K	$105K	50x	as long as short
Variational Omni NATGAS	+0.0644%	4h	2.9931	+0.038%	$311K	$446K	—	as long as short
Binance NATGASUSDTlong	+0.0676%	4h	2.9920	long leg	$10.1M	$31.2M	100x
edgeX NATGASUSDC	+0.0711%	4h	2.9921	+0.004%	$85K	$211K	20x	as long as short
Bitget NATGASUSDTshort	+0.0894%	4h	2.9900	−0.067%	$10.0M	$4.0M	100x