NATGAS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0405%/8h= +44.4% APRnext payment +$2.03 per $10,000 · paid last 24h +0.103%

Price spread now: Binance against HTX−0.043%7-day average −0.040% · you buy dearer than you sell

Net, funding: paid 7d − costs−$4as in the Funding arb table

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

costs, in and out, $10k−$360.359% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.315%+$32 on $10k

Price spread, last 2 days (all we have)−0.003%$0 · spread now −0.043%, 7d avg −0.040%

Together, before fees+0.312%+$31 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.040%, so right now this pair is about funding alone: +$12 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX NATGAS-USDT	2.9953	0.0213	pay 0.0106% / 4h	1h 18m	$98K	$214K	75x
Short	Binance NATGASUSDT	2.9940	0.0618	get 0.0309% / 4h	1h 18m	$10.1M	$30.9M	100x

Funding history

latest

Range statsloading…

Binance against HTX. 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 HTXbpFee BinancebpOrdersPrice spread, now −0.043%Rate

Slippage from HTX: live order book, 63 min ago; Binance: live order book, 8 min ago.

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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy HTX live order book, 63 min ago	0.50 bp	7.8 bp −$8	26.3 bp −$263	doesn't fit	doesn't fit
Sell Binance live order book, 8 min ago	1.67 bp	6.7 bp −$7	10.6 bp −$106	45.5 bp −$4,552	139.4 bp −$69.7K

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	−0.0024%	1h	2.9930	−0.077%	$35K	—	20x	as long as short
SunX NATGAS-USDT	0.0000%	4h	2.9962	+0.030%	$2K	$2.6M	20x	as long as short
Lighter NATGAS	+0.0032%	1h	2.9920	−0.110%	$618K	$411K	10x	as long as short
Vest NG-PERP	+0.0046%	1h	2.9910	−0.144%	—	$378	10x	as long as short
tradeXYZ xyz:NATGAS	+0.0050%	1h	2.9925	−0.093%	$5.9M	$6.0M	10x	as long as short
Ondo Perps NATGAS-USD.P	+0.0050%	1h	2.9954	+0.003%	$84K	$49K	10x	as long as short
Pacifica NATGAS	+0.0100%	1h	2.9907	−0.154%	$68K	$34K	10x	as long as short
ApeX Omni NATGASUSDT	+0.0100%	1h	2.9900	−0.177%	$36K	$216K	50x	as long as short
Orderly PERP_NATGAS_USDC_mythos	+0.0100%	8h	2.9900	−0.177%	$3K	$544	10x	as long as short
Phemex NGUSDT	+0.0100%	4h	2.9940	−0.043%	$1.5M	$100K	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	+0.0117%	8h	2.9936	−0.056%	$5K	—	5x	as long as short
QFEX NATGAS-USD	+0.0160%	1h	2.9930	−0.077%	$656K	$86K	20x	as long as short
KuCoin NATGASUSDTM	+0.0202%	4h	2.9920	−0.110%	$1.0M	$1.2M	20x	as long as short
HTX NATGAS-USDTlong	+0.0213%	4h	2.9953	long leg	$98K	$214K	75x
Extended XNG-USD	+0.0224%	1h	2.9906	−0.158%	$110K	$644K	5x	as long as short
Gate NG_USDT	+0.0227%	8h	2.9960	+0.023%	$1.5M	$307K	100x	as long as short
OKX NG-USDT-SWAP	+0.0316%	8h	2.9930	−0.077%	$856K	$1.7M	50x	as long as short
BloFin NG-USDT	+0.0330%	8h	2.9940	−0.043%	$80K	$189K	20x	as long as short
GRVT NATGAS_USDT_Perp	+0.0360%	4h	2.9923	−0.099%	$13K	$246K	25x	as long as short
GMX NATGAS/USD [ETH-USDC]	L +0.0406% / S −0.0333%	1h	2.9945	−0.027%	$93K	—	45x	as long as short
Kraken Futures PF_NATGASUSD	+0.0515%	1h	2.9953	−0.001%	$52K	$44K	20x	as long as short
Aster NATGASUSDT	+0.0532%	4h	2.9934	−0.062%	$265K	$105K	50x	as long as short
Variational Omni NATGAS	+0.0568%	4h	2.9931	−0.073%	$311K	$446K	—	as long as short
Binance NATGASUSDTshort	+0.0618%	4h	2.9940	−0.043%	$10.1M	$30.9M	100x
edgeX NATGASUSDC	+0.0649%	4h	2.9931	−0.073%	$85K	$212K	20x	as long as short
Bitget NATGASUSDT	+0.0818%	4h	2.9910	−0.144%	$10.0M	$4.0M	100x	as long as short