Funding you earn now, next payment 03:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h −0.008%
Price spread now: Lighter against Hotstuff−0.023%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHotstuff: Active · Lighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.023% cheaper against Hotstuff than usual: you would sell low and buy high, −$2 on $10k if it 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 | Hotstuff NATGAS-PERP | 3.0002 | 0.0024 | pay 0.0003% / 1h | 6m 34s | $35K | — | 20x |
| Short | Lighter NATGAS | 2.9995 | 0.0032 | get 0.0004% / 1h | 6m 34s | $618K | $494K | 10x |
Hotstuff NATGAS-PERP
Lighter NATGASFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Hotstuff. 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
- $1.68
- Price spread: −0.023% → 0.000%
- −$2.33
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$5.65
- Costs to cover
- 0.050%
- Break-even
- 30.6 days
Slippage unknown: Hotstuff: no order-book sample; Lighter: live order book, 49 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 Hotstuff no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 49 min ago | 0.83 bp | 1.5 bp −$1 | 21.3 bp −$213 | 85.9 bp −$8,592 | doesn't fit |
Hotstuff: 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/USD | L 0.0000% / S 0.0000% | 1h | 2.8426 | −5.253% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0022 | +0.067% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0019% | 1h | 2.9990 | −0.040% | $658K | $85K | 20x | as long as short |
| Hotstuff NATGAS-PERPlong | +0.0024% | 1h | 3.0002 | long leg | $35K | — | 20x | |
| Lighter NATGASshort | +0.0032% | 1h | 2.9995 | −0.023% | $618K | $494K | 10x | |
| Vest NG-PERP | +0.0046% | 1h | 2.9990 | −0.040% | — | $378 | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 2.9990 | −0.040% | $82K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0061% | 8h | 3.0006 | +0.014% | $5K | — | 5x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0089% | 1h | 3.0000 | −0.007% | $6.0M | $5.9M | 10x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 2.9978 | −0.080% | $68K | $33K | 10x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Vest NG-PERP
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
tradeXYZ xyz:NATGAS
Pacifica NATGASShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.007% | $37K | $215K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.007% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0000 | −0.007% | $1.5M | $95K | 10x | as long as short |
| Extended XNG-USD | +0.0136% | 1h | 2.9987 | −0.050% | $110K | $445K | 5x | as long as short |
| HTX NATGAS-USDT | +0.0242% | 4h | 3.0017 | +0.050% | $104K | $216K | 75x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0384% | 4h | 3.0000 | −0.007% | $25K | $227K | 25x | as long as short |
| KuCoin NATGASUSDTM | +0.0384% | 4h | 2.9980 | −0.073% | $1.1M | $1.1M | 20x | as long as short |
| Aster NATGASUSDT | +0.0404% | 4h | 2.9991 | −0.037% | $265K | $73K | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0438% / S −0.0376% | 1h | 3.0005 | +0.010% | $92K | — | 45x | as long as short |
| Gate NG_USDT | +0.0459% | 8h | 3.0040 | +0.127% | $1.5M | $210K | 100x | as long as short |
| OKX NG-USDT-SWAP | +0.0472% | 8h | 3.0000 | −0.007% | $852K | $1.7M | 50x | as long as short |
| BloFin NG-USDT | +0.0489% | 8h | 2.9990 | −0.040% | $80K | $188K | 20x | as long as short |
| Variational Omni NATGAS | +0.0573% | 4h | 3.0009 | +0.024% | $311K | $444K | — | as long as short |
| Binance NATGASUSDT | +0.0616% | 4h | 3.0000 | −0.007% | $10.2M | $28.9M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0621% | 4h | 3.0000 | −0.007% | $85K | $212K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0988% | 4h | 2.9960 | −0.140% | $9.9M | $3.4M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1110% | 1h | 3.0015 | +0.044% | $53K | $34K | 20x | as long as short |
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Extended XNG-USD
HTX NATGAS-USDT
GRVT NATGAS_USDT_Perp
KuCoin NATGASUSDTM
Aster NATGASUSDT
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
OKX NG-USDT-SWAP
BloFin NG-USDT
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD