NATGAS

Alert

Funding spread now, next payment 14:00 UTC+0.0474%/8h

paid, last 24h+0.072%paid, last 3 days+0.067%to open and closeno order book

The current rate is far above what this pair has been paying: over the last 3 days it paid 0.067% in total (about 9.6% a year). A funding rate is set anew for every payment. 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	Hotstuff NATGAS-PERP	3.0026	0.0176	pay 0.0022% / 1h	28m 35s	$35K	—	20x
Short	Binance NATGASUSDT	3.0040	0.0650	get 0.0325% / 4h	2h 28m	$10.3M	$22.2M	100x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee HotstuffbpFee BinancebpOrdersRate

Funding earned: $99.59
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee Binance: 5 bp × 2 orders: −$10
Net: $84.59
Break-even: 1.1 days

Slippage unknown: Hotstuff: no order-book sample; Binance: live order book, 14 min ago. Net counts fees only.

Price risk

price view

Price gap now: +0.047%
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 Hotstuff no order-book sample	—	—	—	—	—
Sell Binance live order book, 14 min ago	1.66 bp	6.7 bp −$7	8.8 bp −$88	36.9 bp −$3,690	134.7 bp −$67.4K

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 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	$2.1M	20x	as long as short
QFEX NATGAS-USD	+0.0026%	1h	$659K	$126K	20x	as long as short
Lighter NATGAS	+0.0032%	1h	$626K	$318K	10x	as long as short
Extended XNG-USD	+0.0032%	1h	$116K	$1.4M	5x	as long as short
Vest NG-PERP	+0.0046%	1h	—	—	10x	as long as short
tradeXYZ xyz:NATGAS	+0.0050%	1h	$6.1M	$5.2M	10x	as long as short
Ondo Perps NATGAS-USD.P	+0.0050%	1h	$88K	$56K	10x	as long as short
Paradex NG-USD-PERP	+0.0063%	8h	$5K	—	5x	as long as short
Pacifica NATGAS	+0.0100%	1h	$83K	$17K	10x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
ApeX Omni NATGASUSDT	+0.0100%	1h	$36K	$217K	50x	as long as short
Orderly PERP_NATGAS_USDC_mythos	+0.0100%	8h	$3K	—	10x	as long as short
Phemex NGUSDT	+0.0100%	4h	$1.5M	$74K	10x	as long as short
Hotstuff NATGAS-PERPlong	+0.0176%	1h	$35K	—	20x
HTX NATGAS-USDT	+0.0231%	4h	$95K	$219K	75x	as long as short
KuCoin NATGASUSDTM	+0.0396%	4h	$1.0M	$807K	20x	as long as short
Gate NG_USDT	+0.0489%	8h	$1.5M	$353K	100x	as long as short
Aster NATGASUSDT	+0.0514%	4h	$265K	$76K	50x	as long as short
Variational Omni NATGAS	+0.0604%	4h	$657K	$176K	—	as long as short
OKX NG-USDT-SWAP	+0.0634%	8h	$948K	$1.3M	50x	as long as short
Binance NATGASUSDTshort	+0.0650%	4h	$10.3M	$22.2M	100x
edgeX NATGASUSDC	+0.0673%	4h	$85K	$214K	20x	as long as short
BloFin NG-USDT	+0.0826%	8h	$91K	$98K	20x	as long as short
GMX NATGAS/USD [ETH-USDC]	L +0.0849% / S −0.1091%	1h	$83K	—	45x	as long as short
Kraken Futures PF_NATGASUSD	+0.1001%	1h	$53K	$57K	20x	as long as short
Bitget NATGASUSDT	+0.1110%	4h	$10.0M	$3.5M	100x	as long as short