NATGAS

Alert

Funding spread now, next payment 16:00 UTC−0.0413%/8h

next payment, per $10,000−$4.13paid, last 24h−0.073%paid, last 5 days−0.148%to open and closeno order book

The current rate is far above what this pair has been paying: over the last 5 days it paid -0.148% in total (about -11.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.13 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin NG-USDT	2.9980	0.0513	pay 0.0513% / 8h	1h 22m	$86K	$176K	20x
Short	Orderly PERP_NATGAS_USDC_mythos	3.0000	0.0100	get 0.0100% / 8h	1h 22m	$3K	$12	10x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee OrderlybpOrdersRate

Funding earned: −$86.69
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$104.69
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 47 min ago; Orderly: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: +0.067%
Avg gap 7d: —

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 BloFin live order book, 47 min ago	3.31 bp	12.6 bp −$13	17.1 bp −$171	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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 26 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
gTrade (Gains Network) NATGAS/USD	L 0.0000% / S 0.0000%	1h	—	—	—	as long as short
SunX NATGAS-USDT	0.0000%	4h	$2K	$2.4M	20x	as long as short
HTX NATGAS-USDT	0.0000%	4h	$95K	$221K	75x	as long as short
QFEX NATGAS-USD	0.0000%	1h	$659K	$144K	20x	as long as short
Lighter NATGAS	+0.0032%	1h	$629K	$346K	10x	as long as short
Extended XNG-USD	+0.0032%	1h	$114K	$1.4M	5x	as long as short
Vest NG-PERP	+0.0046%	1h	—	—	10x	as long as short
tradeXYZ xyz:NATGAS	+0.0050%	1h	$5.9M	$5.5M	10x	as long as short
Ondo Perps NATGAS-USD.P	+0.0050%	1h	$88K	$57K	10x	as long as short
Paradex NG-USD-PERP	+0.0053%	8h	$5K	—	5x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Pacifica NATGAS	+0.0100%	1h	$83K	$17K	10x	as long as short
ApeX Omni NATGASUSDT	+0.0100%	1h	$37K	$214K	50x	as long as short
Orderly PERP_NATGAS_USDC_mythosshort	+0.0100%	8h	$3K	$12	10x
Phemex NGUSDT	+0.0100%	4h	$1.5M	$78K	10x	as long as short
Hotstuff NATGAS-PERP	+0.0176%	1h	$35K	—	20x	as long as short
KuCoin NATGASUSDTM	+0.0188%	4h	$1.0M	$856K	20x	as long as short
Aster NATGASUSDT	+0.0241%	4h	$265K	$77K	50x	as long as short
Variational Omni NATGAS	+0.0287%	4h	$658K	$154K	—	as long as short
Binance NATGASUSDT	+0.0346%	4h	$10.2M	$25.5M	100x	as long as short
edgeX NATGASUSDC	+0.0363%	4h	$85K	$214K	20x	as long as short
Gate NG_USDT	+0.0462%	8h	$1.5M	$365K	100x	as long as short
OKX NG-USDT-SWAP	+0.0488%	8h	$896K	$1.5M	50x	as long as short
BloFin NG-USDTlong	+0.0513%	8h	$86K	$176K	20x
GMX NATGAS/USD [ETH-USDC]	L +0.0780% / S −0.0989%	1h	$83K	—	45x	as long as short
Bitget NATGASUSDT	+0.0886%	4h	$9.9M	$3.8M	100x	as long as short
Kraken Futures PF_NATGASUSD	+0.0925%	1h	$54K	$60K	20x	as long as short