Funding you earn now, next payment 05:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.04 per $10,000 · paid last 24h −0.010%
Price spread now: gTrade (Gains Network) against Lighter−5.321%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$1 a day on $10k at the current rate, and gTrade (Gains Network) is 5.321% cheaper against Lighter than usual: you would sell low and buy high (−$532 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter NATGAS | 3.0050 | 0.0032 | pay 0.0004% / 1h | 15m 15s | $629K | $503K | 10x |
| Short | gTrade (Gains Network) NATGAS/USD | 2.8451 | L 0.0000% / S 0.0000% | pay 0.0000% / 1h | 15m 15s | — | — | — |
Lighter NATGAS
gTrade (Gains Network) NATGAS/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$6.76
- Price spread: −5.321% → 0.000%
- −$532.11
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$548.87
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 30 min ago; gTrade (Gains Network): no order-book sample. 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 Lighter live order book, 30 min ago | 0.67 bp | 0.7 bp −$1 | 19.1 bp −$191 | 94.2 bp −$9,422 | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
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/USDshort | L 0.0000% / S 0.0000% | 1h | 2.8451 | −5.321% | — | — | — | |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0082 | +0.106% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0009% | 1h | 3.0050 | 0.000% | $659K | $96K | 20x | as long as short |
| Hotstuff NATGAS-PERP | +0.0024% | 1h | 3.0057 | +0.023% | $35K | — | 20x | as long as short |
| Lighter NATGASlong | +0.0032% | 1h | 3.0050 | long leg | $629K | $503K | 10x | |
| Vest NG-PERP | +0.0046% | 1h | 3.0050 | 0.000% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0047 | −0.010% | $83K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0089% | 8h | 3.0086 | +0.120% | $5K | — | 5x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0091% | 1h | 3.0048 | −0.007% | $6.0M | $5.7M | 10x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0052 | +0.007% | $68K | $33K | 10x | as long as short |
SunX NATGAS-USDT
QFEX NATGAS-USD
Hotstuff NATGAS-PERP
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 | −0.166% | $37K | $218K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.166% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0070 | +0.067% | $1.5M | $92K | 10x | as long as short |
| Extended XNG-USD | +0.0200% | 1h | 3.0037 | −0.042% | $110K | $365K | 5x | as long as short |
| KuCoin NATGASUSDTM | +0.0364% | 4h | 3.0020 | −0.100% | $1.0M | $989K | 20x | as long as short |
| Aster NATGASUSDT | +0.0417% | 4h | 3.0060 | +0.033% | $264K | $74K | 50x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0474% | 4h | 3.0050 | +0.001% | $13K | $223K | 25x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0486% / S −0.0429% | 1h | 3.0065 | +0.050% | $92K | — | 45x | as long as short |
| HTX NATGAS-USDT | +0.0539% | 4h | 3.0069 | +0.063% | $106K | $211K | 75x | as long as short |
| Gate NG_USDT | +0.0554% | 8h | 3.0100 | +0.166% | $1.5M | $193K | 100x | as long as short |
| BloFin NG-USDT | +0.0572% | 8h | 3.0060 | +0.033% | $82K | $195K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0595% | 8h | 3.0060 | +0.033% | $867K | $1.7M | 50x | as long as short |
| Variational Omni NATGAS | +0.0627% | 4h | 3.0060 | +0.032% | $312K | $444K | — | as long as short |
| edgeX NATGASUSDC | +0.0646% | 4h | 3.0052 | +0.007% | $85K | $213K | 20x | as long as short |
| Binance NATGASUSDT | +0.0648% | 4h | 3.0065 | +0.050% | $10.3M | $28.2M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0854% | 1h | 3.0078 | +0.093% | $56K | $35K | 20x | as long as short |
| Bitget NATGASUSDT | +0.1018% | 4h | 3.0010 | −0.133% | $9.9M | $3.2M | 100x | as long as short |
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Extended XNG-USD
KuCoin NATGASUSDTM
Aster NATGASUSDT
GRVT NATGAS_USDT_Perp
GMX NATGAS/USD [ETH-USDC]
HTX NATGAS-USDT
Gate NG_USDT
BloFin NG-USDT
OKX NG-USDT-SWAP
Variational Omni NATGAS
edgeX NATGASUSDC
Binance NATGASUSDT
Kraken Futures PF_NATGASUSD
Bitget NATGASUSDT