Funding you earn now, next payment 10:00 UTC−0.0241%/8h= −26.4% APRpaid last 24h −0.102%
Price spread now: Lighter against Gate−0.130%7-day average −0.133% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$580.575% of the position
Funding, last 7 days+0.267%+$27 on $10k
+Price spread, last 4 days (all we have)+0.248%+$25 · spread now −0.130%, 7d avg −0.133%
=Together, before fees+0.515%+ Points / potential airdropLighter: Season 3 · farm board+$51 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.133%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.267%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NG_USDT | 3.0010 | 0.0273 | pay 0.0273% / 8h | 6h 17m | $1.5M | $204K | 100x |
| Short | Lighter NATGAS | 2.9971 | 0.0032 | get 0.0004% / 1h | 17m 34s | $681K | $753K | 10x |
Gate NG_USDT
Lighter NATGASFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Gate. 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
- −$50.61
- Price spread: −0.130% → −0.133%
- $0.34
- Slippage, 4 orders
- −$42.52
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$107.79
- Costs to cover
- 0.575%
- Break-even
- never at this rate
Slippage from Gate: live order book, 3 min ago; Lighter: live order book, 30 min ago.
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 Gate live order book, 3 min ago | 3.33 bp | 20.2 bp −$20 | 57.5 bp −$575 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 30 min ago | 2.34 bp | 18.3 bp −$18 | 27.5 bp −$275 | 104.2 bp −$10.4K | doesn't fit |
NATGAS on 27 exchanges
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 | −0.0072% | 1h | 2.9973 | −0.123% | $35K | — | 20x | as long as short |
| GRVT NATGAS_USDT_Perp | 0.0000% | 4h | 2.9961 | −0.163% | $20K | $208K | 25x | as long as short |
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8350 | −5.531% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 2.9992 | −0.060% | $2K | $1.8M | 20x | as long as short |
| HTX NATGAS-USDT | 0.0000% | 4h | 2.9989 | −0.070% | $118K | $221K | 75x | as long as short |
| QFEX NATGAS-USD | +0.0024% | 1h | 2.9970 | −0.133% | $660K | $98K | 20x | as long as short |
| Lighter NATGASshort | +0.0032% | 1h | 2.9971 | −0.130% | $681K | $753K | 10x | |
| Extended XNG-USD | +0.0032% | 1h | 2.9983 | −0.089% | $141K | $361K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 2.9990 | −0.067% | — | $14K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 2.9972 | −0.127% | $6.0M | $5.7M | 10x | as long as short |
Hotstuff NATGAS-PERP
GRVT NATGAS_USDT_Perp
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
HTX NATGAS-USDT
QFEX NATGAS-USD
Extended XNG-USD
Vest NG-PERP
tradeXYZ xyz:NATGASShow all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 2.9987 | −0.077% | $84K | $28K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0053% | 8h | 2.9990 | −0.065% | $5K | — | 5x | as long as short |
| Aster NATGASUSDT | +0.0066% | 4h | 3.0004 | −0.020% | $259K | $74K | 50x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 2.9957 | −0.178% | $68K | $39K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.033% | $37K | $213K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.033% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 2.9970 | −0.133% | $1.5M | $92K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0190% | 4h | 2.9970 | −0.133% | $1.1M | $821K | 20x | as long as short |
| Variational Omni NATGAS | +0.0217% | 4h | 2.9969 | −0.137% | $355K | $429K | — | as long as short |
| Binance NATGASUSDT | +0.0251% | 4h | 2.9976 | −0.113% | $9.7M | $31.6M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0269% | 4h | 2.9969 | −0.138% | $85K | $212K | 20x | as long as short |
| Gate NG_USDTlong | +0.0273% | 8h | 3.0010 | long leg | $1.5M | $204K | 100x | |
| Kraken Futures PF_NATGASUSD | +0.0298% | 1h | 2.9975 | −0.116% | $54K | $46K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0412% | 8h | 2.9970 | −0.133% | $838K | $2.0M | 50x | as long as short |
| BloFin NG-USDT | +0.0441% | 8h | 2.9960 | −0.167% | $78K | $198K | 20x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0538% / S −0.0542% | 1h | 2.9975 | −0.117% | $88K | — | 45x | as long as short |
| Bitget NATGASUSDT | +0.0778% | 4h | 2.9950 | −0.200% | $9.9M | $2.9M | 100x | as long as short |
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
Aster NATGASUSDT
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
KuCoin NATGASUSDTM
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
Kraken Futures PF_NATGASUSD
OKX NG-USDT-SWAP
BloFin NG-USDT
GMX NATGAS/USD [ETH-USDC]
Bitget NATGASUSDT