PerpEquitiesCOT positioning
Long36.9%
Short63.1%
Net position-216,530
Increasing Bullish
Commodity
Natural Gas perpetual futures
NATGAS perpetual futures on 22 crypto exchanges – live perp price vs the stock, funding rate, open interest and where to trade NATGASUSDT.
Natural Gas tracked across crypto venues with normalized contract specifications.
$3.12+0.8%
Price chart
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Use the left and right arrow keys to inspect points on the chart.
Collecting venue price data...
venue perp mark · Binance (NATGAS/USDT)
Auto: highest-volume live perp venueOpen in TradingView
Trading data
Perpetual market activity
23/23 live markets
Trading data
Perpetual market activity
Venues
22
Live markets
23/23
24h volume
$16.2MCoverage: 19/23 marketsExchange-reported volume: $61.4M
Open interest
$36.9MCoverage: 19/23 markets
Best liquidity
$12.1M
Ourbit
Tightest spread
+1.3 bps
Hyperliquid HIP-3
Highest volume
$4.9M
Bitget
Settlement mix
USDT · 15/23
Perp/spot vol.
-
OI / float
-
Venue matrix
23 markets
Some venue links are sponsored. We may receive a commission, and eligible users may occasionally receive trading-fee discounts, at no additional cost to you.
| Trade | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
 Bitget | Trade | NATGAS/USDT | Trading | $3.12 | +49.1% APR +0.022% every 4h | +3.2 bps | $10.3M | $4.9M | $11.6M | USDT | 100x | |
 Hyperliquid HIP-3 | Trade | xyz:NATGAS | Trading | $3.12 | +5.5% APR +0.00063% every 1h | +1.3 bps | $148.3K | $4M | $7.2M | USDC | 10x | |
 OKX | Trade | NG/USDT | Trading | $3.12 | 0.0% APR 0.000% every 8h | +3.2 bps | $202.3K | $1.6M | $1M | USDT | 50x | |
 Bitunix | Trade | NATGAS/USDT | Trading | $3.12 | +1.9% APR +0.00088% every 4h | +3.2 bps | $597.4K | $1.3M | - | USDT | 100x | |
 LBank | Trade | NGAS/USDT | Trading | $3.12 | 0.0% APR 0.000% every 4h | +3.2 bps | $6.7M | $1.1M | - | USDT | 50x | |
 MEXC | Trade | GAS(NG)/USDT | Trading | $3.12 | +66.6% APR +0.00760% every 1h | +6.4 bps | $942.1K | $1.1M | $5M | USDT | 100x | |
 Gate.io | Trade | NG/USDT | Trading | $3.12 | 0.0% APR 0.000% every 8h | +3.2 bps | - | $728.1K | $1.6M | USDT | 100x | |
 KuCoin | Trade | NATGAS/USDT | Trading | $3.12 | +18.8% APR +0.00860% every 4h | +12.8 bps | $32.3K | $712.4K | $919.9K | USDT | 20x | |
 GRVT | Trade | NATGAS/USDT | Trading | $3.12 | 0.0% APR 0.000% every 4h | +3.2 bps | $460.3K | $193.8K | $18.4K | USDT | - | |
 Crypto.com Exchange | Trade | NATGAS/USD | Trading | $3.12 | +162.0% APR +0.018% every 1h | +4.8 bps | $52.4K | $174.1K | $129K | USD | 50x | |
 HTX | Trade | NATGAS/USDT | Trading | $3.12 | - | +8.3 bps | $1.5M | $118.1K | - | USDT | - | |
 BloFin | Trade | NATGAS/USDT | Trading | $3.12 | +26.3% APR +0.012% every 4h | +3.2 bps | $9.9M | $74.5K | $0 | USDT | 100x | |
 Ondo Perps | Trade | NATGAS/USD | Trading | $3.12 | - | +8.6 bps | $242.6K | $68.4K | $118.3K | USDC | 10x | |
 Aster | Trade | NATGASUSDT | Trading | $3.12 | 0.0% APR 0.000% every 4h | +9.6 bps | $250K | $51.4K | $181.2K | USDT | - | |
 Kraken | Trade | PF_NATGASUSD | Trading | $3.12 | +9.1% APR +0.00104% every 1h | +13.8 bps | $255.8K | $41.2K | $36.9K | USD | - | |
| BloFin | Trade | NG/USDT | Trading | $3.12 | +3.1% APR +0.00284% every 8h | +6.4 bps | $1.2M | $40.7K | $96.8K | USDT | 20x | |
 Pacifica | Trade | NATGAS/USDC | Trading | $3.12 | +11.0% APR +0.00125% every 1h | +4.5 bps | $24.2K | $11.1K | $32.2K | USDC | 10x | |
 Orderly Network | Trade | NATGAS/USDC | Trading | $3.13 | +11.0% APR +0.010% every 8h | - | - | $1.9K | $2.6K | USDC | - | |
 Paradex | Trade | NG/USD | Trading | $3.12 | +5.5% APR +0.00501% every 8h | +14,285.9 bps | $0 | $895.5 | $2.4K | USDC | 5x | |
 Vest | Trade | NG/USDC | Trading | $3.12 | +5.0% APR +0.00057% every 1h | +12.8 bps | $1.4M | - | - | USDC | 10x | |
 Binance | Trade | NATGAS/USDT | Trading | $3.12 | 0.0% APR 0.000% every 4h | +3.2 bps | $4.6M | $33.5M⚠ | $8.8M | USDT | - | |
 Ourbit | Trade | NATGAS/USDT | Trading | $3.12 | 0.0% APR 0.000% every 4h | +3.2 bps | $12.1M | $10.4M⚠ | $152.8K | USDT | 20x | |
 XT.com | Trade | NATGAS/USDT | Trading | $3.12 | 0.0% APR 0.000% every 4h | +3.2 bps | $28.8K | $1.3M⚠ | $12.3K | USDT | 100x |
Unverified volume: implausibly high against open interest, a typical sign of wash trading. These venues are listed last.
Tradability
Execution quality
Entry cost and depth per venue at $1k–$100k
Tradability
Execution quality
Entry cost and depth per venue at $1k–$100kBroad liquidity · 18 of 22 venues absorb $10k · Typical cost: +7.8 bps – +12.0 bps
Too thin: Pacifica
No fresh book data: Gate.io, Orderly Network, Paradex
Taker execution estimate incl. approx. fees - maker fills are not guaranteed.
Best venues for this underlying
Best liquidity
NATGASTightest spread
NATGASHighest volume
NATGASEpisodic Last 7d: 30% of hours above 100% APR · median 73% · 9 episodes
Funding history
Stored venue snapshots by market
Funding history
Stored venue snapshots by marketNext catalyst
Catalysts
Next catalyst
Catalysts
No unusual perp activity right now.
FMP reference data
Market context
FMP reference data
Market context
Bearish
Macro calendar
12UpdatedEventPreviousEstimateActual
USD · JOLTs Job Openings (Aug)7.27 M7.24 M-
USD · ADP Employment Change (Sep)38 K72 K-
USD · Goods Trade Balance (Aug)-118.8 B-113.5 B-
USD · Personal Spending MoM (Aug)0.2 %0.8 %-
USD · GDP Growth Rate QoQ (Q2)2.1 %1.5 %1.5 %
USD · Personal Income MoM (Aug)0.4 %0.4 %-
USD · Core PCE Price Index MoM (Aug)0.2 %0.3 %-
USD · Core PCE Price Index YoY (Aug)3.3 %3.4 %-
USD · Continuing Jobless Claims (Sep/19)1,719 K1,720 K-
USD · Initial Jobless Claims (Sep/26)197 K200 K-
USD · Jobless Claims 4-Week Average (Sep/26)202.25 K199 K-
USD · ISM Manufacturing PMI (Sep)54.654.9-
Frequently asked questions
Where can I trade NATGAS perpetual futures?
Natural Gas (NATGAS) perpetual futures trade on 22 crypto venues, including Binance, Ourbit, Bitget. PerpEquities compares them by live price, funding rate, open interest and liquidity.
Can I trade NATGAS around the clock?
Yes. Unlike the underlying stock, NATGAS perpetuals trade 24/7 — including weekends and outside regular market hours.
What is the funding rate on NATGAS perpetuals?
Right now the NATGAS perp funding rate is +5.5% annualized (venue median), ranging from 0.0% to +66.6% across 22 venues. A positive rate means longs pay shorts. PerpEquities shows the live rate and its history for every venue.
What is a NATGAS perpetual future?
A NATGAS perpetual is a derivative that tracks the price of Natural Gas with no expiry date. It lets you take long or short exposure to Natural Gas on crypto venues, around the clock.
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