Natural Gas perpetual futures (NATGAS)Open interest
Chart$88.0M -6.6% 24h
| Venue | Open interest | 24h change |
|---|---|---|
| Binance | $21.2M | |
| trade.xyz | $16.2M | -15.6% |
| Bitget | $11.4M | +5.5% |
| KuCoin | $6.3M | -13.4% |
Commodities perp · up to 100x · 23 venues
Natural Gas perpetual futures (NATGAS)
At 03:05 UTC on November 12, 2026, the Natural Gas (NATGAS) perp traded at $3.64 (+3.12% over 24 hours), with $88.0M in open interest across 23 venues, led by Binance with 24%. Maximum leverage is 100x, on Bitget; open-interest-weighted funding is 244.4% annualized.
Get Real-Time NATGAS Trade Alerts
Big position builds, funding swings and 10% days, by email. Unsubscribe in one click.
As of
- trade.xyz, 110 markets
- Lighter, 209 markets
- Aster, 577 markets
- GMX, 143 markets
- Paradex, 66 markets
- Extended, 340 markets
- QFEX, 237 markets
- Orderly, 142 markets
- Kraken Futures, 209 markets
- Variational, 588 markets
- Pacifica, 78 markets
- edgeX, 157 markets
- GRVT, 184 markets
- Aevo, unavailable
- OKX, 543 markets
- Bitget, 930 markets
- Gate, 1077 markets
- MEXC, 1204 markets
- HTX, 410 markets
- KuCoin, 721 markets
- Phemex, 147 markets
- Binance, 758 markets
- WhiteBIT, 395 markets
- Crypto.com, 414 markets
$3.64Live
Loading the price chart.
NATGAS at a glance
Volume, 24h
Chart$226.4M -5.8% d/d
- Volume / OI
- 2.57x
- Nov 10, full day
- $242.1M
- Nov 5: $132.2M
- Nov 6: $264.6M
- Nov 7: $35.9M
- Nov 8: $28.0M
- Nov 9: $257.0M
- Nov 10: $242.1M
Funding
Chart+244.4% a year
- Widest venue gap
- 2055.9% long WhiteBIT, short Crypto.com
- Paid over 24h, trade.xyz
- +1.788% longs paid
Liquidations
Chart$40.6K 24h
LongsShorts
| Window | Longs liquidated against shorts liquidated | Amount |
|---|---|---|
| 1h | recording | |
| 4h | recording | |
| 24h | recording | |
| 7d | recording |
Taker flow
No trade data for this market.
Long vs short
Accounts61% long, large accounts
- Long / short
- $11.8M / $7.4M
- Accounts
- 7 long · 13 short (0.54 L/S)
Liquidity ±1%
No order book depth for this market.
Liquidations within 5%
Map- Longs, price down 5%
- $0
- Shorts, price up 5%
- $2.3M
- Heaviest short level
- $2.1M near $3.79 (+4.1%)
NATGAS at your leverage
- Liquidation price
- $3.29 −9.5% from $3.64 on Bitget
- Position
- $10,000 +$100 for each 1% move
- Today at 10x
- +$312 +31% of margin from the 24-hour change
- Hold a day
- −$56.10 Funding and borrow at today's rate
| Venue | Offers 10x | Liquidation | Room | Hold a day |
|---|---|---|---|---|
| Bitget | Yes | $3.29 | −9.5% | −$56.10 |
| Gate | Yes | $3.29 | −9.5% | −$129 |
| MEXC | Yes | $3.29 | −9.5% | −$83.28 |
| HTX | Yes | $3.30 | −9.4% | −$65.87 |
| OKX | Yes | $3.31 | −9.1% | −$89.52 |
| WhiteBIT | Yes | $3.31 | −9.1% | +$166 |
| Crypto.com | Yes | $3.31 | −9.1% | −$397 |
| GMX | Yes | $3.32 | −8.9% | −$87.83 |
| QFEX | Yes | $3.36 | −7.7% | −$101 |
| Kraken Futures | Yes | $3.36 | −7.7% | −$71.34 |
| edgeX | Yes | $3.36 | −7.7% | −$61.09 |
| KuCoin | Yes | $3.36 | −7.7% | −$57.60 |
| trade.xyz | Yes | $3.45 | −5.3% | −$98.08 |
| Orderly | Yes | $3.45 | −5.3% | −$217 |
| Pacifica | Yes | $3.45 | −5.3% | −$33.45 |
| Lighter | Yes | $3.48 | −4.3% | −$78.96 |
Below 10x:Paradex Extended Phemex Aster cap not publishedVariational cap not publishedGRVT cap not publishedBinance cap not published
XAUT
BRENTOIL
PAXG
HYPENATGAS perpetual market
Funding spread 2055.9% · long WhiteBIT, short Crypto.com · Price dispersion 201 bps
Shorts pay Longs pay (blue tint: negative funding, red tint: positive funding, stronger at larger rates)
View
Dimmed: 7 venues that cap below your 10x.
| Binance · daily | NATGASUSDT | – | – | $21.2M | – | 24% | $102.5M | 4.84x | – | – |
|---|---|---|---|---|---|---|---|---|---|---|
| trade.xyz | xyz:NATGAS | $3.64 | +3.09% | $16.2M | -15.6% | 18% | $38.4M | 2.37x | +358.0% | 10x |
| Bitget | NATGASUSDT | $3.63 | +2.98% | $11.4M | +5.5% | 13% | $10.9M | 0.95x | +204.8% | 100x |
| KuCoin | NATGASUSDTM | $3.63 | +3.06% | $6.3M | -13.4% | 7.2% | $1.3M | 0.21x | +210.2% | 20x |
| OKX | NG-USDT-SWAP | $3.63 | +2.92% | $5.3M | +30.2% | 6.0% | $13.3M | 2.52x | +326.7% | 50x |
| QFEX | NATGAS-USD | $3.64 | +3.00% | $5.3M | -14.9% | 6.0% | $39.5M | 7.52x | +368.1% | 20x |
| MEXC | NGAS_USDT | $3.64 | +2.89% | $4.9M | +5.6% | 5.6% | $1.5M | 0.31x | +304.0% | 100x |
| WhiteBIT | NATGAS_PERP | $3.64 | +3.18% | $3.2M | +9.9% | 3.6% | $1.0M | 0.32x | -606.8% | 50x |
| Variational | NATGAS | $3.64 | +3.24% | $2.6M | -10.4% | 2.9% | $2.1M | 0.83x | +217.6% | – |
| Gate | NG_USDT | $3.65 | +2.85% | $2.5M | -37.8% | 2.8% | $4.7M | 1.91x | +470.7% | 100x |
| Phemex | NGUSDT | $3.63 | +2.80% | $2.3M | +2.2% | 2.6% | $199.7K | 0.09x | +10.9% | 3x |
| GMX | arb:NATGAS/USD [WETH-USDC] | $3.63 | +3.00% | $1.9M | +9.3% | 2.2% | $2.0M | 1.01x | +272.1% | 40x |
| Lighter | NATGAS | $3.64 | +3.30% | $1.6M | -14.7% | 1.8% | $1.6M | 1.01x | +288.2% | 10x |
| Extended | XNG-USD | $3.62 | +2.97% | $1.2M | +11.8% | 1.3% | $4.1M | 3.48x | +267.2% | 5x |
| Aster | NATGASUSDT | $3.63 | +3.35% | $868.0K | -34.9% | 1.0% | $1.5M | 1.76x | +192.0% | – |
| edgeX | NATGASUSDC | $3.63 | +2.98% | $456.8K | +2.9% | 0.5% | $252.5K | 0.55x | +223.0% | 20x |
| Paradex | NG-USD-PERP | $3.66 | +3.73% | $311.1K | +3.6% | 0.4% | $15 | 0.00x | +202.0% | 5x |
| Kraken Futures | PF_NATGASUSD | $3.63 | +3.05% | $284.2K | -4.6% | 0.3% | $124.7K | 0.44x | +260.4% | 20x |
| Pacifica | NATGAS | $3.63 | +3.03% | $139.7K | +4.3% | 0.2% | $95.0K | 0.68x | +122.1% | 10x |
| Crypto.com | NATGASUSD-PERP | $3.59 | +2.76% | $120.3K | -14.3% | 0.1% | $586.4K | 4.87x | +1449.1% | 50x |
| HTX | NATGAS-USDT | $3.63 | +2.92% | $75.2K | +20.6% | <0.1% | $407.7K | 5.42x | +240.4% | 75x |
| GRVT | NATGAS_USDT_Perp | $3.63 | +2.95% | $19.2K | -22.4% | <0.1% | $151.5K | 7.87x | +110.7% | – |
| Orderly | PERP_NATGAS_USDC_mythos | $3.63 | +3.13% | $2.3K | -43.6% | <0.1% | $96.9K | 42.87x | +793.8% | 10x |
| All venues | $3.64 | +3.12% | $88.0M | -6.6% | 100% | $226.4M | 2.57x | +244.4% | 100x |
NATGAS funding rate
NATGAS funding is +244.4% a year, weighted by open interest across 23 venues, with 2055.9% between the highest and lowest venue.
NATGAS funding settlements, 7 days
trade.xyz
Latest settled +326.9% APR · hourly
Lighter
Latest settled +317.1% APR · hourly
Aster
Latest settled +835.9% APR · every 4h
GMX
Latest settled +270.0% APR · hourly
Paradex
Latest settled +201.1% APR · every 8h
Extended
Latest settled +289.1% APR · hourly
QFEX
Latest settled +319.6% APR · hourly
Orderly
Latest settled +1095.0% APR · every 8h
Kraken Futures
Latest settled +317.2% APR · hourly
Variational
Latest settled +202.1% APR · every 4h
Pacifica
Latest settled +117.2% APR · hourly
edgeX
Latest settled +202.6% APR · every 4h
GRVT
Latest settled +100.7% APR · every 4h
OKX
Latest settled +488.8% APR · every 8h
Bitget
Latest settled +174.5% APR · every 4h
Gate
Latest settled +488.3% APR · every 8h
MEXC
Latest settled +256.7% APR · hourly
HTX
Latest settled +251.5% APR · every 4h
KuCoin
Latest settled +151.5% APR · hourly
Phemex
Latest settled +10.9% APR · every 4h
WhiteBIT
Latest settled -721.1% APR · every 4h
Crypto.com
Latest settled +1449.1% APR · hourly
| Venue | Settlements | 7-day avg APR | Lowest | Highest | Longs paid |
|---|---|---|---|---|---|
| trade.xyz | 167 | +537.2% | -57.5% | +2022.1% | 96% of hours |
| Lighter | 167 | +513.5% | -15.8% | +1916.7% | 98% of hours |
| Aster | 42 | +529.4% | 0.0% | +1095.0% | 74% of hours |
| GMX | 167 | +200.4% | +16.8% | +300.0% | 100% of hours |
| Paradex | 167 | +413.1% | -3.2% | +1100.1% | 99% of hours |
| Extended | 167 | +570.5% | -96.4% | +2522.9% | 98% of hours |
| QFEX | 167 | +564.9% | 0.0% | +2041.1% | 69% of hours |
| Orderly | 30 | +384.5% | -5.0% | +1095.0% | 95% of hours |
| Kraken Futures | 167 | +499.8% | -1300.1% | +2191.5% | 68% of hours |
| Variational | 167 | +543.0% | 0.0% | +1095.0% | 73% of hours |
| Pacifica | 167 | +480.3% | +10.9% | +2341.8% | 100% of hours |
| edgeX | 47 | +473.1% | 0.0% | +876.0% | 100% of hours |
| GRVT | 47 | +521.8% | 0.0% | +1095.0% | 74% of hours |
| OKX | 30 | +516.8% | -14.5% | +1095.0% | 76% of hours |
| Bitget | 47 | +513.1% | 0.0% | +1095.0% | 74% of hours |
| Gate | 30 | +554.3% | +148.9% | +974.7% | 100% of hours |
| MEXC | 167 | +573.6% | +4.4% | +2074.4% | 100% of hours |
| HTX | 47 | +528.6% | 0.0% | +1095.0% | 74% of hours |
| KuCoin | 107 | +542.6% | -211.1% | +2120.8% | 74% of hours |
| Phemex | 44 | +21.6% | +10.9% | +49.7% | 100% of hours |
| WhiteBIT | 167 | +805.3% | -1809.8% | +1825.0% | 86% of hours |
| Crypto.com | 165 | +614.8% | -391.3% | +2812.8% | 90% of hours |
NATGAS open interest
NATGAS open interest is $88.0M across 23 venues.
NATGAS liquidation map
Range
Current price $3.65. Hover or use the arrow keys to read a level.
| Price range | Longs | Shorts |
|---|---|---|
| $3.95 to $3.96 | $0 | $3.6M |
| $3.79 to $3.80 | $0 | $2.1M |
| $3.87 to $3.87 | $0 | $846.9K |
| $3.32 to $3.33 | $726.4K | $0 |
| $3.93 to $3.94 | $0 | $174.7K |
| $3.38 to $3.39 | $167.4K | $0 |
| $3.92 to $3.93 | $0 | $88.9K |
| $3.80 to $3.81 | $0 | $57.6K |
| $3.77 to $3.78 | $0 | $47.6K |
| $3.99 to $4.00 | $0 | $46.2K |
| $3.84 to $3.85 | $0 | $42.7K |
| $3.98 to $3.98 | $0 | $32.5K |
129 accounts on trade.xyz · $14.7M long · $13.1M short · Nov 12, 02:00 UTC
NATGAS liquidation history
NATGAS long and short liquidations by venue.
NATGAS volume and order flow
$226.4M of NATGAS traded in the last 24 hours across 23 venues.
NATGAS order book and taker flow
trade.xyz
| Window | Taker buys | Taker sells | Net | Buy share |
|---|---|---|---|---|
| 1 hour | – | – | – | – |
| 4 hours | – | – | – | – |
| 12 hours | – | – | – | – |
| 24 hours | – | – | – | – |
| 3 days | $100.5M | $96.2M | +$4.3M | 51% |
| 7 days | – | – | – | – |
NATGAS large trades, 7 days
Trades over $100K · liquidations over $10K
| Time | Venue | Trade | Size | Price |
|---|---|---|---|---|
| Nov 11, 17:40 UTC | Bitget | Long liquidated | $19.1K | $3.56 |
| Nov 11, 16:25 UTC | trade.xyz | Taker buy | $892.3K | $3.61 |
| Nov 11, 16:00 UTC | trade.xyz | Taker buy | $110.1K | $3.64 |
| Nov 11, 14:42 UTC | trade.xyz | Taker sell | $101.2K | $3.65 |
| Nov 11, 14:34 UTC | OKX | Short liquidated | $13.1K | $3.64 |
| Nov 11, 00:10 UTC | trade.xyz | Taker buy | $128.1K | $3.52 |
| Nov 11, 00:01 UTC | trade.xyz | Taker sell | $155.4K | $3.52 |
| Nov 11, 00:00 UTC | trade.xyz | Taker buy | $125.0K | $3.53 |
| Nov 11, 00:00 UTC | trade.xyz | Taker buy | $139.9K | $3.53 |
| Nov 10, 23:57 UTC | trade.xyz | Taker buy | $130.8K | $3.53 |
NATGAS news
Loading the latest NATGAS headlines.
Natural Gas coverage
NATGAS listing and leverage changes
| When | Venue | Change |
|---|---|---|
| Oct 13, 2026 to Nov 12, 2026 | GMX arb:NATGAS/USD [WETH-USDC] | Max leverage moves between 20x and 40x (43 changes), now 40x |
| Nov 9, 2026 | KuCoin NATGASUSDTM | Funding interval changed from every 4.0h to every 1h |
| Nov 9, 2026 | gTrade NATGAS/USD | Delisted |
| Nov 9, 2026 | gTrade NATGAS/USD | Max leverage changed from 4.0x to 150.0x |
| Nov 7, 2026 | KuCoin NATGASUSDTM | Funding interval changed from every 1.0h to every 4h |
| Nov 6, 2026 | gTrade NATGAS/USD | Max leverage changed from 150.0x to 4.0x |
| Nov 6, 2026 | KuCoin NATGASUSDTM | Funding interval changed from every 4.0h to every 1h |
| Oct 14, 2026 | KuCoin NATGASUSDTM | Funding interval changed from every 1.0h to every 4h |