Funding you earn now, next payment 07:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h +0.010%
Price spread now: Lighter against gTrade (Gains Network)+5.685%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 1 day (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 5.685% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$568 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) NATGAS/USD | 2.8461 | L 0.0000% / S 0.0000% | get 0.0000% / 1h | 26m 16s | — | — | — |
| Short | Lighter NATGAS | 3.0079 | 0.0032 | get 0.0004% / 1h | 26m 16s | $630K | $502K | 10x |
gTrade (Gains Network) NATGAS/USD
Lighter NATGASFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against gTrade (Gains Network). 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
- $6.72
- Price spread: +5.685% → 0.000%
- $568.5
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $565.22
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; Lighter: live order book, 9 min ago. 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 9 min ago | 0.83 bp | 9.2 bp −$9 | 18.3 bp −$183 | 85.4 bp −$8,544 | doesn't fit |
gTrade (Gains Network): 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/USDlong | L 0.0000% / S 0.0000% | 1h | 2.8461 | long leg | — | — | — | |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0092 | +5.731% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0002% | 1h | 3.0070 | +5.653% | $660K | $96K | 20x | as long as short |
| Lighter NATGASshort | +0.0032% | 1h | 3.0079 | +5.685% | $630K | $502K | 10x | |
| Extended XNG-USD | +0.0032% | 1h | 3.0068 | +5.646% | $111K | $283K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0070 | +5.653% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0056 | +5.604% | $83K | $26K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0053% | 1h | 3.0069 | +5.650% | $6.0M | $5.5M | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0055% | 8h | 3.0088 | +5.716% | $5K | — | 5x | as long as short |
| HTX NATGAS-USDT | +0.0060% | 4h | 3.0088 | +5.717% | $107K | $204K | 75x | as long as short |
SunX NATGAS-USDT
QFEX NATGAS-USD
Extended XNG-USD
Vest NG-PERP
Ondo Perps NATGAS-USD.P
tradeXYZ xyz:NATGAS
Paradex NG-USD-PERP
HTX NATGAS-USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGAS | +0.0100% | 1h | 3.0054 | +5.597% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0100 | +5.759% | $37K | $217K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0100 | +5.759% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0070 | +5.653% | $1.5M | $93K | 10x | as long as short |
| Hotstuff NATGAS-PERP | +0.0136% | 1h | 3.0071 | +5.657% | $35K | — | 20x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0152% | 4h | 3.0064 | +5.632% | $22K | $210K | 25x | as long as short |
| KuCoin NATGASUSDTM | +0.0268% | 4h | 3.0050 | +5.583% | $1.0M | $917K | 20x | as long as short |
| Aster NATGASUSDT | +0.0288% | 4h | 3.0097 | +5.747% | $265K | $70K | 50x | as long as short |
| Variational Omni NATGAS | +0.0511% | 4h | 3.0070 | +5.652% | $318K | $432K | — | as long as short |
| Binance NATGASUSDT | +0.0534% | 4h | 3.0070 | +5.653% | $10.3M | $28.6M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0544% | 4h | 3.0070 | +5.652% | $85K | $211K | 20x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0552% / S −0.0558% | 1h | 3.0075 | +5.671% | $88K | — | 45x | as long as short |
| Gate NG_USDT | +0.0629% | 8h | 3.0090 | +5.724% | $1.5M | $196K | 100x | as long as short |
| OKX NG-USDT-SWAP | +0.0656% | 8h | 3.0070 | +5.653% | $876K | $1.8M | 50x | as long as short |
| BloFin NG-USDT | +0.0680% | 8h | 3.0070 | +5.653% | $83K | $198K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0964% | 4h | 3.0040 | +5.548% | $9.9M | $3.1M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0986% | 1h | 3.0089 | +5.719% | $56K | $35K | 20x | as long as short |
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Hotstuff NATGAS-PERP
GRVT NATGAS_USDT_Perp
KuCoin NATGASUSDTM
Aster NATGASUSDT
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
OKX NG-USDT-SWAP
BloFin NG-USDT
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD