← radar
NATGAS — funding rate on Binance
Binance · NATGASUSDT+0.500%per 4h · +0.125%/hshorts receive
last settlement+0.500%→upcoming payout+0.500%• unchanged
3:07:30settlement
20warmheat
Price (mark)
3.3813
+0.7% 1h+8.7% 24h
Vol 24h
$120.1M
Open interest
$20.6M−3% vs 7d median
Price move in 2 min
+0.66%
avg 7d
+0.036%/h4 extreme in a row
avg 30d
+0.013%/h
Orderbook · nearest wallssnapshot 5 min ago
Support below (bid)
-0.17%
3.3754·$54K×5 median
Price now
3.3813
Resistance above (ask)
+0.18%
3.3875·$40K×9 median
Depth screenerPRO · open for now
observation window 4 days · snapshot 5 min ago
Support below (bid)
-0.17%3.3754$54K×5 median
broke through 1 of 1 times
-0.37%3.3687$110K×11 median
broke through 4 of 4 times
-0.62%3.3604$170K×17 median
broke through 4 of 4 times
-0.72%3.357$997K×98 median
broke through 1 of 4 times
-0.94%3.3496$112K×11 median
broke through 1 of 3 times
Resistance above (ask)
+0.18%3.3875$40K×9 median
price never reached it
+0.26%3.39$40K×9 median
price never reached it
+0.33%3.3926$160K×34 median
price never reached it
+0.44%3.396$1.0M×215 median
price never reached it
+0.56%3.4001$40K×9 median
price never reached it
Price and skew
Price and settlements
287 five-minute candles — a day around the event
updown▲ settlement and ratemark price
Liquidations
24h$198K
$17K longs$182K shorts
Shorts were wiped — 92% of the total. $68 over the last hour.
Imbalance dynamicsPRO · open for now
now $20.6M·series over 15h 11m·event alive for 15h 20m
now $20.6M·series over 15h 11m·event alive for 15h 20m
imbalance is holdingno new positions are piling in, but none are leaving either
OI, NATGASpricesettlements · 4h
over the seriesover the last hourpositions+2.7%-1.7%price+7.4%+0.7%
Event life curvePRO · open for now
Across 7 closed events of this pair: a typical one lives 10h 53m, the peak usually lands at minute 100–105
median across 7 eventscurrent eventmedian peak minute
at later minutes only long-livers remain in the sample — the curve is conditional, not «acceleration»
How they ended: funding covered the adverse price move in 2 of 7 cases
median — 1.30% accrued against a 2.44% move
Entry economics
Position calculator
- Position size
- $2,500
- Funding per settlement (4h)
- $12.5 · $3.13/hour
- Net snipe per settlement
- $8.5 = 0.500% − 0.110% − 0.050%
- Break-even for entry
- rate covers the threshold 3.13×needs 0.160%+ per settlement
- Liquidation price
- 4.0406 (+19.50% from price)
- Risk at this leverage
- low risk— price moved up to +0.66% in 2 min
- Max “green” leverage
- 40x
Funding goes to whoever holds the position at the cut-off. MMR in the liquidation formula is +0.50%; verify the price on the exchange before trading.
Settlement window · facts (24)
before cut-off · 5m · the snipe window (24)
avg+0.43% | -0.14%
max+1.37%
after · 5m
avg+0.35% | -0.08%
max+0.88%
before cut-off · 15m
avg+0.43% | -0.20%
max+1.30%
after · 15m
avg+0.34% | -0.21%
max+0.85%
| Cut-off | Rate | Before | After |
|---|---|---|---|
| 09.11 20:00 | +0.500% | +0.51% | +0.09% |
| 09.11 16:00 | +0.500% | +0.83% | +0.49% |
| 09.11 12:00 | +0.500% | +0.41% | +0.29% |
| 09.11 08:00 | +0.446% | +0.57% | -0.16% |
| 07.11 00:00 | +0.500% | +0.45% | -0.42% |
Settlement profilePRO · open for now
How this pair's price behaves around the payout — averaged over 24 settlements
average across settlementsspread: worst … best outcome
Context and comparison
Funding history · 541 settlements
NATGAS on 2 exchanges
| Exchange | Rate | Per hour | Receives | Snipe |
|---|---|---|---|---|
| Binance ← you are here | +0.500% / 4h | +0.125%/h | shorts | +0.340% |
| Bitget | +0.500% / 4h | +0.125%/h | shorts | +0.340% |
Binance← you are here+0.125%/h
shortsrate +0.500% / 4hsnipe +0.340%
Bitget+0.125%/h
shortsrate +0.500% / 4hsnipe +0.340%
Max spread across exchanges: 0.000%/h
NATGAS across all exchanges: comparison & curves →Rates across exchangesPRO · open for now
2 exchanges on one timeline
Binanceevery 4hBitgetevery 4hrate corridor between exchanges
exchanges settle at different frequencies — an 8-hour step is bound to «lag» a 1-hour one, that's its grid, not a slower market
spread typically
0.0007%/h
widest spread
0.0083%/h
06.11 05:00 UTC · Binance ↔ Bitget
the spread is the hedge's rate before fees: that's what an hour of the pair-trade yields
How to read this
- Snipe: enter short before the cut-off, exit after settlement. Funding goes to whoever holds the position at the cut-off. The net capture in the calculator is already net of fees and slippage — and it does not include price moving against you in the settlement window (see volatility above).
- Hedged: a short here + an opposite position of the same size on another exchange or spot — funding capture without price risk, but four legs of fees.
- Extreme funding is a crowd story: price often runs into the cut-off and reverses after. This is data for a decision, not a recommendation.