NATGAS

Alert

Funding spread now, next payment 15:00 UTC−0.0451%/8h

paid, last 24h−0.096%paid, last 7 days+0.286%to open and close $10k−$38

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.286% in total (about 14.9% 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	OKX NG-USDT-SWAP	3.0000	0.0483	pay 0.0483% / 8h	1h 19m	$895K	$1.6M	50x
Short	Lighter NATGAS	3.0006	0.0032	get 0.0004% / 1h	19m 21s	$628K	$346K	10x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee OKXbpFee LighterbpOrdersRate

Funding earned: −$94.72
Slippage, 4 orders: −$28.07
Fee OKX: 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: −$132.79
Break-even: never at this rate

Slippage from OKX: live order book, 4 min ago; Lighter: live order book, 32 min ago.

Price risk

price view

Price gap now: +0.020%
Avg gap 7d: −0.102%

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 OKX live order book, 4 min ago	1.67 bp	12.0 bp −$12	22.3 bp −$223	doesn't fit	doesn't fit
Sell Lighter live order book, 32 min ago	1.16 bp	16.3 bp −$16	25.8 bp −$258	96.3 bp −$9,632	doesn't fit

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	$2.5M	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 NATGASshort	+0.0032%	1h	$628K	$346K	10x
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
Hotstuff NATGAS-PERP	+0.0048%	1h	$35K	—	20x	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	$89K	$57K	10x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Paradex NG-USD-PERP	+0.0053%	8h	$5K	—	5x	as long as short
Pacifica NATGAS	+0.0100%	1h	$83K	$17K	10x	as long as short
ApeX Omni NATGASUSDT	+0.0100%	1h	$37K	$215K	50x	as long as short
Orderly PERP_NATGAS_USDC_mythos	+0.0100%	8h	$3K	$12	10x	as long as short
Phemex NGUSDT	+0.0100%	4h	$1.5M	$78K	10x	as long as short
KuCoin NATGASUSDTM	+0.0178%	4h	$1.0M	$858K	20x	as long as short
Aster NATGASUSDT	+0.0223%	4h	$265K	$77K	50x	as long as short
Variational Omni NATGAS	+0.0262%	4h	$659K	$154K	—	as long as short
Binance NATGASUSDT	+0.0332%	4h	$10.2M	$25.6M	100x	as long as short
edgeX NATGASUSDC	+0.0371%	4h	$85K	$214K	20x	as long as short
Gate NG_USDT	+0.0457%	8h	$1.5M	$365K	100x	as long as short
OKX NG-USDT-SWAPlong	+0.0483%	8h	$895K	$1.6M	50x
BloFin NG-USDT	+0.0495%	8h	$86K	$176K	20x	as long as short
GMX NATGAS/USD [ETH-USDC]	L +0.0780% / S −0.0989%	1h	$83K	—	45x	as long as short
Bitget NATGASUSDT	+0.0876%	4h	$9.9M	$3.8M	100x	as long as short
Kraken Futures PF_NATGASUSD	+0.0926%	1h	$54K	$60K	20x	as long as short