Funding you earn now, next payment 01:00 UTC+0.0112%/8h= +12.3% APRpaid last 24h +0.338%
Price spread now: Bitget against Lighter−0.140%7-day average +0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs+$10as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$290.287% of the position
Funding, last 7 days+0.384%+$38 on $10k
+Price spread, last 4 days (all we have)−0.023%−$2 · spread now −0.140%, 7d avg +0.071%
=Together, before fees+0.361%+ Points / potential airdropLighter: Season 3 · farm board+$36 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.211% cheaper against Lighter than usual: you would sell low and buy high (spread −0.140% now, against its 7-day average of +0.071%). If the spread goes back, that is −$21 on $10k: about 6.3 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter NATGAS | 2.9992 | 0.0080 | pay 0.0010% / 1h | 54m 34s | $617K | $412K | 10x |
| Short | Bitget NATGASUSDT | 2.9950 | 0.0192 | get 0.0096% / 4h | 3h 54m | $10.0M | $3.5M | 100x |
Lighter NATGAS
Bitget NATGASUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Lighter. 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
- $23.52
- Price spread: −0.140% → +0.071%
- −$21.08
- Slippage, 4 orders
- −$16.71
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$26.26
- Costs to cover
- 0.287%
- Break-even
- 14.8 days
Slippage from Lighter: live order book, 11 min ago; Bitget: live order book, 4 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 Lighter live order book, 11 min ago | 1.17 bp | 1.8 bp −$2 | 10.2 bp −$102 | 71.7 bp −$7,167 | doesn't fit |
| Sell Bitget live order book, 4 min ago | 1.67 bp | 10.5 bp −$11 | 25.0 bp −$250 | 102.5 bp −$10.2K | doesn't fit |
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 | 2.8334 | −5.528% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 2.9991 | −0.003% | $2K | $2.6M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0015% | 1h | 2.9970 | −0.073% | $658K | $86K | 20x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 2.9967 | −0.084% | $110K | $453K | 5x | as long as short |
| Aster NATGASUSDT | +0.0034% | 4h | 2.9960 | −0.107% | $265K | $73K | 50x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 2.9970 | −0.073% | — | $378 | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 2.9968 | −0.080% | $5.9M | $6.0M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 2.9950 | −0.140% | $84K | $42K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0060% | 8h | 2.9991 | −0.005% | $5K | — | 5x | as long as short |
| Variational Omni NATGAS | +0.0061% | 4h | 2.9971 | −0.070% | $311K | $443K | — | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Extended XNG-USD
Aster NATGASUSDT
Vest NG-PERP
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
Variational Omni NATGASShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter NATGASlong | +0.0080% | 1h | 2.9992 | long leg | $617K | $412K | 10x | |
| Pacifica NATGAS | +0.0100% | 1h | 2.9971 | −0.068% | $68K | $33K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0100% | 4h | 2.9970 | −0.073% | $1.0M | $1.2M | 20x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 2.9900 | −0.307% | $36K | $217K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | +0.027% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 2.9970 | −0.073% | $1.5M | $95K | 10x | as long as short |
| BloFin NG-USDT | +0.0111% | 8h | 2.9960 | −0.107% | $80K | $189K | 20x | as long as short |
| Gate NG_USDT | +0.0123% | 8h | 3.0000 | +0.027% | $1.5M | $254K | 100x | as long as short |
| OKX NG-USDT-SWAP | +0.0137% | 8h | 2.9970 | −0.073% | $857K | $1.7M | 50x | as long as short |
| Hotstuff NATGAS-PERP | +0.0160% | 1h | 2.9975 | −0.057% | $35K | — | 20x | as long as short |
| edgeX NATGASUSDC | +0.0169% | 4h | 2.9971 | −0.070% | $85K | $211K | 20x | as long as short |
| Binance NATGASUSDT | +0.0173% | 4h | 2.9975 | −0.056% | $10.1M | $29.7M | 100x | as long as short |
| Bitget NATGASUSDTshort | +0.0192% | 4h | 2.9950 | −0.140% | $10.0M | $3.5M | 100x | |
| HTX NATGAS-USDT | +0.0297% | 4h | 2.9996 | +0.013% | $98K | $211K | 75x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0406% / S −0.0333% | 1h | 2.9975 | −0.057% | $93K | — | 45x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0484% | 4h | 2.9969 | −0.077% | $25K | $241K | 25x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1003% | 1h | 2.9983 | −0.030% | $52K | $39K | 20x | as long as short |
Pacifica NATGAS
KuCoin NATGASUSDTM
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
BloFin NG-USDT
Gate NG_USDT
OKX NG-USDT-SWAP
Hotstuff NATGAS-PERP
edgeX NATGASUSDC
Binance NATGASUSDT
HTX NATGAS-USDT
GMX NATGAS/USD [ETH-USDC]
GRVT NATGAS_USDT_Perp
Kraken Futures PF_NATGASUSD