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NATGAS — funding rate on Bitget
Bitget · NATGASUSDT+0.500%per 4h · +0.125%/hshorts receive
last settlement+0.500%→upcoming payout+0.500%• unchanged
2:53:39settlement
16warmheat
Price (mark)
3.389
+0.2% 1h+8.9% 24h
Vol 24h
$12.0M
Open interest
$11.5M
Price move in 2 min
+0.30%
avg 7d
+0.035%/h4 extreme in a row
avg 30d
+0.015%/h
Orderbook · nearest wallssnapshot 4 min ago
Support below (bid)
-0.88%
3.3591·$89K×5 median
Price now
3.389
Resistance above (ask)
+0.03%
3.39·$11K×5 median
Depth screenerPRO · open for now
observation window 4 days · snapshot 4 min ago
Support below (bid)
-0.88%3.3591$89K×5 median
broke through 3 of 4 times
-1.56%3.336$133K×8 median
broke through 1 of 2 times
-1.74%3.33$114K×7 median
broke through 2 of 2 times
-1.80%3.3281$238K×14 median
broke through 1 of 3 times
-2.00%3.3211$394K×24 median
broke through 3 of 4 times
Resistance above (ask)
+0.03%3.39$11K×5 median
price never reached it
+0.11%3.3928$34K×17 median
price never reached it
+0.21%3.3962$24K×12 median
price never reached it
+0.32%3.3999$77K×38 median
price never reached it
+0.41%3.403$82K×40 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$566
$0 longs$566 shorts
Shorts were wiped — 100% of the total. Quiet over the last hour.
Imbalance dynamicsPRO · open for now
now $11.5M·series over 15h 3m·event alive for 15h 7m
now $11.5M·series over 15h 3m·event alive for 15h 7m
positions are unwindingthe exit phase: entering now bets on what's left of the move
OI, NATGASpricesettlements · 4h
over the seriesover the last hourpositions+2.0%-3.1%price+7.4%+0.3%
Event life curvePRO · open for now
Across 8 closed events of this pair: a typical one lives 10h 55m, the peak usually lands at minute 95–100
median across 8 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 1 of 8 cases
median — 1.28% accrued against a 2.74% 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
- 4.0499 (+19.50% from price)
- Risk at this leverage
- low risk— price moved up to +0.30% in 2 min
- Max “green” leverage
- 72x
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 (23)
before cut-off · 5m · the snipe window (23)
avg+0.46% | -0.15%
max+1.50%
after · 5m
avg+0.26% | -0.11%
max+0.89%
before cut-off · 15m
avg+0.49% | -0.28%
max+1.57%
after · 15m
avg+0.31% | -0.17%
max+0.82%
| Cut-off | Rate | Before | After |
|---|---|---|---|
| 09.11 20:00 | +0.500% | +0.45% | +0.12% |
| 09.11 16:00 | +0.500% | +0.98% | +0.30% |
| 09.11 12:00 | +0.500% | +0.45% | +0.32% |
| 09.11 08:00 | +0.420% | +0.61% | -0.22% |
| 07.11 00:00 | +0.500% | +0.45% | -0.45% |
Settlement profilePRO · open for now
How this pair's price behaves around the payout — averaged over 23 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 | +0.500% / 4h | +0.125%/h | shorts | +0.340% |
| Bitget ← you are here | +0.500% / 4h | +0.125%/h | shorts | +0.340% |
Binance+0.125%/h
shortsrate +0.500% / 4hsnipe +0.340%
Bitget← you are here+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
Bitgetevery 4hBinanceevery 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
0.0006%/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.