Funding you earn now, next payment 05:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h +0.010%
Price spread now: Lighter against gTrade (Gains Network)+5.626%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 5.626% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$563 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 | gTrade (Gains Network) NATGAS/USD | 2.8404 | L 0.0000% / S 0.0000% | get 0.0000% / 1h | 37m 11s | — | — | — |
| Short | Lighter NATGAS | 3.0002 | 0.0032 | get 0.0004% / 1h | 37m 11s | $626K | $501K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against gTrade (Gains Network). 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
- $6.72
- Price spread: +5.626% → 0.000%
- $562.6
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $559.32
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; Lighter: live order book, 8 min ago. 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 8 min ago | 0.67 bp | 5.0 bp −$5 | 16.0 bp −$160 | 71.6 bp −$7,165 | doesn't fit |
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 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/USDlong | L 0.0000% / S 0.0000% | 1h | 2.8404 | long leg | — | — | — | |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0042 | +5.767% | $2K | $2.4M | 20x | as long as short |
| Hotstuff NATGAS-PERP | +0.0008% | 1h | 3.0009 | +5.651% | $35K | — | 20x | as long as short |
| QFEX NATGAS-USD | +0.0009% | 1h | 3.0020 | +5.689% | $669K | $91K | 20x | as long as short |
| Lighter NATGASshort | +0.0032% | 1h | 3.0002 | +5.626% | $626K | $501K | 10x | |
| Extended XNG-USD | +0.0032% | 1h | 3.0001 | +5.623% | $110K | $391K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0010 | +5.654% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 2.9999 | +5.615% | $82K | $26K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0063% | 1h | 3.0015 | +5.672% | $6.0M | $5.7M | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0073% | 8h | 3.0024 | +5.702% | $5K | — | 5x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGAS | +0.0100% | 1h | 2.9991 | +5.587% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | +5.619% | $37K | $218K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | +5.619% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0020 | +5.689% | $1.5M | $93K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0328% | 4h | 3.0010 | +5.654% | $1.0M | $1.0M | 20x | as long as short |
| Aster NATGASUSDT | +0.0376% | 4h | 3.0040 | +5.760% | $263K | $74K | 50x | as long as short |
| HTX NATGAS-USDT | +0.0397% | 4h | 3.0055 | +5.813% | $107K | $213K | 75x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0444% | 4h | 3.0019 | +5.687% | $12K | $230K | 25x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0473% / S −0.0415% | 1h | 3.0025 | +5.707% | $92K | — | 45x | as long as short |
| Gate NG_USDT | +0.0531% | 8h | 3.0050 | +5.795% | $1.5M | $192K | 100x | as long as short |
| BloFin NG-USDT | +0.0547% | 8h | 3.0040 | +5.760% | $81K | $194K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0560% | 8h | 3.0010 | +5.654% | $861K | $1.7M | 50x | as long as short |
| Variational Omni NATGAS | +0.0576% | 4h | 3.0020 | +5.688% | $316K | $449K | — | as long as short |
| edgeX NATGASUSDC | +0.0598% | 4h | 3.0012 | +5.662% | $85K | $212K | 20x | as long as short |
| Binance NATGASUSDT | +0.0598% | 4h | 3.0026 | +5.710% | $10.2M | $28.4M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0856% | 1h | 3.0038 | +5.754% | $56K | $35K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0978% | 4h | 2.9990 | +5.584% | $9.9M | $3.2M | 100x | as long as short |
gTrade (Gains Network) NATGAS/USD
Lighter NATGAS
SunX NATGAS-USDT
Extended XNG-USD
tradeXYZ xyz:NATGAS
Paradex NG-USD-PERP
Pacifica NATGAS
ApeX Omni NATGASUSDT
Phemex NGUSDT
KuCoin NATGASUSDTM
Aster NATGASUSDT
HTX NATGAS-USDT
GRVT NATGAS_USDT_Perp
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
BloFin NG-USDT
OKX NG-USDT-SWAP
Variational Omni NATGAS
edgeX NATGASUSDC
Binance NATGASUSDT
Kraken Futures PF_NATGASUSD
Bitget NATGASUSDT