Funding you earn now, next payment 02:00 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−5.470%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 5.470% cheaper against Lighter than usual: you would sell low and buy high (−$547 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 | 3.0018 | 0.0032 | pay 0.0004% / 1h | 14m 44s | $618K | $445K | 10x |
| Short | gTrade (Gains Network) NATGAS/USD | 2.8376 | L 0.0000% / S 0.0000% | pay 0.0000% / 1h | 14m 44s | — | — | — |
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: −5.470% → 0.000%
- −$547.01
- 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
- −$563.76
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 46 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, 46 min ago | 1.16 bp | 5.3 bp −$5 | 11.3 bp −$113 | 71.6 bp −$7,163 | 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 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff NATGAS-PERP | −0.0008% | 1h | 3.0011 | −0.023% | $35K | — | 20x | as long as short |
| gTrade (Gains Network) NATGAS/USDshort | L 0.0000% / S 0.0000% | 1h | 2.8376 | −5.470% | — | — | — | |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0032 | +0.047% | $2K | $2.5M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0019% | 1h | 3.0010 | −0.027% | $658K | $86K | 20x | as long as short |
| Lighter NATGASlong | +0.0032% | 1h | 3.0018 | long leg | $618K | $445K | 10x | |
| Vest NG-PERP | +0.0046% | 1h | 3.0010 | −0.027% | — | $378 | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0003 | −0.050% | $5.9M | $5.9M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 2.9998 | −0.067% | $82K | $27K | 10x | as long as short |
| Extended XNG-USD | +0.0072% | 1h | 2.9993 | −0.082% | $110K | $449K | 5x | as long as short |
| Paradex NG-USD-PERP | +0.0073% | 8h | 3.0018 | +0.002% | $5K | — | 5x | as long as short |
Hotstuff NATGAS-PERP
SunX NATGAS-USDT
QFEX NATGAS-USD
Vest NG-PERP
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.P
Extended XNG-USD
Paradex NG-USD-PERPShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGAS | +0.0100% | 1h | 3.0004 | −0.047% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.060% | $37K | $218K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.060% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0010 | −0.027% | $1.5M | $95K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0166% | 4h | 3.0010 | −0.027% | $1.0M | $1.1M | 20x | as long as short |
| Aster NATGASUSDT | +0.0235% | 4h | 3.0007 | −0.036% | $265K | $73K | 50x | as long as short |
| HTX NATGAS-USDT | +0.0245% | 4h | 3.0058 | +0.133% | $98K | $212K | 75x | as long as short |
| OKX NG-USDT-SWAP | +0.0355% | 8h | 3.0000 | −0.060% | $860K | $1.7M | 50x | as long as short |
| Variational Omni NATGAS | +0.0384% | 4h | 3.0009 | −0.028% | $311K | $444K | — | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0422% / S −0.0359% | 1h | 3.0015 | −0.010% | $92K | — | 45x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0426% | 4h | 3.0018 | −0.001% | $12K | $214K | 25x | as long as short |
| Gate NG_USDT | +0.0433% | 8h | 3.0040 | +0.073% | $1.5M | $219K | 100x | as long as short |
| edgeX NATGASUSDC | +0.0436% | 4h | 3.0009 | −0.028% | $85K | $213K | 20x | as long as short |
| Binance NATGASUSDT | +0.0443% | 4h | 3.0010 | −0.027% | $10.2M | $29.1M | 100x | as long as short |
| Bitget NATGASUSDT | +0.0698% | 4h | 2.9980 | −0.127% | $9.9M | $3.4M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0825% | 1h | 3.0028 | +0.032% | $53K | $38K | 20x | as long as short |
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
KuCoin NATGASUSDTM
Aster NATGASUSDT
HTX NATGAS-USDT
OKX NG-USDT-SWAP
Variational Omni NATGAS
GMX NATGAS/USD [ETH-USDC]
GRVT NATGAS_USDT_Perp
Gate NG_USDT
edgeX NATGASUSDC
Binance NATGASUSDT
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD