NAT GAS (XNG) funding rates

NAT GAS (XNG) perpetual funding is currently quoted across 12 venues, ranging from -66.9% to +11.4% APR. The most reliable delta-neutral pairing for NAT GAS (XNG) right now is long Variational / short Lighter at +0.7% net APR (high risk, ~0.3d to break even).

as of 2026-06-12 09:57 UTC
Best delta-neutral pairing
Long Variational / Short Lighter
+0.7% net APR
Backtested (30d)
+8.0%
Stability
82.9%
Risk
high
Breakeven
~0.3d

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

Open this trade

XNG funding by exchange

ExchangeFunding APR
Decibel+11.39%
Pacifica+10.95%
TradeXYZ+5.48%
Lighter+3.50%
Extended+3.50%
QFEX+0.00%
Variational+0.00%
HotStuff+0.00%
Grvt+0.00%
Aster+0.00%
EdgeX-1.35%
Felix-66.90%

Frequently asked

What is the XNG funding rate right now?

NAT GAS (XNG) perpetual funding ranges from -66.90% to 11.39% APR across 12 exchanges we track; the widest delta-neutral spread is long Variational / short Lighter at 0.7% net APR.

Which exchange has the highest XNG funding rate?

Decibel currently has the highest at 11.39% APR. See the full ranking above.