NAT GAS (XNG) funding rates

NAT GAS (XNG) perpetual funding is currently quoted across 11 venues, ranging from +0.0% to +34.2% APR. The most reliable delta-neutral pairing for NAT GAS (XNG) right now is long Variational / short Pacifica at +6.3% net APR (low risk, ~3.3d to break even).

as of 2026-07-29 10:04 UTC
Best delta-neutral pairing
Long Variational / Short Pacifica
+6.3% net APR
Backtested (30d)
+8.6%
Stability
97.2%
Risk
low
Breakeven
~3.3d

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

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XNG funding by exchange

ExchangeFunding APR
HotStuff+34.16%
TradeXYZ+32.60%
Pacifica+10.95%
Extended+10.51%
QFEX+8.76%
Decibel+6.13%
Lighter+3.50%
Variational+0.00%
Grvt+0.00%
Aster+0.00%
EdgeX+0.00%

Frequently asked

What is the XNG funding rate right now?

NAT GAS (XNG) perpetual funding ranges from 0.00% to 34.16% APR across 11 exchanges we track; the widest delta-neutral spread is long Variational / short Pacifica at 6.3% net APR.

Which exchange has the highest XNG funding rate?

HotStuff currently has the highest at 34.16% APR. See the full ranking above.