NAT GAS (XNG) funding rate on Lighter

Funding APR
-32.41%
-0.0037% / 1h
Interval
1h
next 23:00 UTC
Direction
Shorts pay
shorts pay longs
Venues tracked
12
listing this pair

Over the last 30 days, NAT GAS (XNG) funding on Lighter averaged +13.7% APR and stayed positive 94.4% of the time, ranging from -2193.7% to +588.3%. Right now it pays shorts pay longs at -32.4% APR, settled every 1h across 12 venues we track. The most reliable delta-neutral pairing for NAT GAS (XNG) right now is long HotStuff / short Pacifica at +44.9% net APR (high risk, ~0.8d to break even).

as of 2026-06-13 22:03 UTC

XNG funding history on Lighterlast 30d

30d average
+13.71%
Range
-2194% / 588%
% positive
94.4%
Volatility
99.7
Best delta-neutral pairing
Long HotStuff / Short Lighter
+5.1% net APR
Backtested (30d)
+16.8%
Stability
52%
Risk
medium
Breakeven
~6.1d

Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.

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How XNG funding compares across venues

ExchangeFunding APR
Pacifica+10.95%
Extended+3.50%
Felix+0.00%
QFEX+0.00%
Variational+0.00%
Grvt+0.00%
Aster+0.00%
EdgeX-0.90%
Lighter-32.41%
HotStuff-42.05%
Decibel-42.92%
TradeXYZ-60.50%

Frequently asked

What is the current XNG funding rate on Lighter?

NAT GAS (XNG) on Lighter is funding at -32.41% APR (-0.0037% every 1h), paid shorts pay longs, as of 2026-06-13 22:03 UTC.

How often does Lighter pay funding on XNG?

Every 1 hour.

How do I earn XNG funding without price risk?

Open a delta-neutral position: long HotStuff and short Lighter, currently 5.1% net APR (medium risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy