Funding you earn now, next payment 07:00 UTC+0.0023%/8h= +2.5% APRpaid last 24h +0.007%
Price spread now: Paradex against Lighter+0.029%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (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 · Paradex: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Paradex is 0.029% dearer against Lighter than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter NATGAS | 3.0079 | 0.0032 | pay 0.0004% / 1h | 24m 24s | $630K | $502K | 10x |
| Short | Paradex NG-USD-PERP | 3.0088 | 0.0055 | get 0.0055% / 8h | 1h 24m | $5K | — | 5x |
Lighter NATGAS
Paradex NG-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- $4.8
- Price spread: +0.029% → 0.000%
- $2.89
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- $3.68
- Costs to cover
- 0.040%
- Break-even
- 1.6 days
Slippage unknown: Lighter: live order book, 11 min ago; Paradex: 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, 11 min ago | 0.83 bp | 4.1 bp −$4 | 15.0 bp −$150 | 80.8 bp −$8,078 | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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/USD | L 0.0000% / S 0.0000% | 1h | 2.8461 | −5.379% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0092 | +0.043% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0002% | 1h | 3.0070 | −0.030% | $660K | $96K | 20x | as long as short |
| Lighter NATGASlong | +0.0032% | 1h | 3.0079 | long leg | $630K | $502K | 10x | |
| Extended XNG-USD | +0.0032% | 1h | 3.0067 | −0.038% | $111K | $283K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0070 | −0.030% | — | $14K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0069 | −0.033% | $6.0M | $5.4M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0056 | −0.076% | $83K | $26K | 10x | as long as short |
| Paradex NG-USD-PERPshort | +0.0055% | 8h | 3.0088 | +0.029% | $5K | — | 5x | |
| HTX NATGAS-USDT | +0.0058% | 4h | 3.0089 | +0.033% | $107K | $204K | 75x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Extended XNG-USD
Vest NG-PERP
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.P
HTX NATGAS-USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGAS | +0.0100% | 1h | 3.0052 | −0.090% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0100 | +0.070% | $37K | $217K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0100 | +0.070% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0070 | −0.030% | $1.5M | $92K | 10x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0152% | 4h | 3.0064 | −0.050% | $22K | $210K | 25x | as long as short |
| Hotstuff NATGAS-PERP | +0.0224% | 1h | 3.0078 | −0.003% | $35K | — | 20x | as long as short |
| KuCoin NATGASUSDTM | +0.0260% | 4h | 3.0050 | −0.096% | $1.0M | $915K | 20x | as long as short |
| Aster NATGASUSDT | +0.0285% | 4h | 3.0094 | +0.050% | $265K | $70K | 50x | as long as short |
| Variational Omni NATGAS | +0.0508% | 4h | 3.0070 | −0.031% | $319K | $393K | — | as long as short |
| Binance NATGASUSDT | +0.0527% | 4h | 3.0070 | −0.030% | $10.3M | $28.6M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0547% | 4h | 3.0070 | −0.031% | $85K | $211K | 20x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0553% / S −0.0560% | 1h | 3.0075 | −0.013% | $88K | — | 45x | as long as short |
| Gate NG_USDT | +0.0626% | 8h | 3.0090 | +0.037% | $1.5M | $196K | 100x | as long as short |
| BloFin NG-USDT | +0.0630% | 8h | 3.0050 | −0.096% | $83K | $198K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0655% | 8h | 3.0080 | +0.003% | $877K | $1.8M | 50x | as long as short |
| Bitget NATGASUSDT | +0.0958% | 4h | 3.0040 | −0.130% | $9.9M | $3.1M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0986% | 1h | 3.0088 | +0.030% | $56K | $35K | 20x | as long as short |
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
GRVT NATGAS_USDT_Perp
Hotstuff NATGAS-PERP
KuCoin NATGASUSDTM
Aster NATGASUSDT
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
BloFin NG-USDT
OKX NG-USDT-SWAP
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD