# NGAS Funding Rates

As of 2026-10-04 16:30 UTC, NGAS perpetual funding averages 0.0068% per 8 hours (7.44% APR) across all 2 exchanges that list it, weighted by 24h volume (median 0.0140%). Highest: MEXC at 0.0035% per 1h (30.66% APR). Lowest: LBank at 0.0000% per 4h (0.00% APR). Going long on LBank and short on MEXC collects a gross spread of 0.0280% per 8 hours (30.66% APR) before fees.

## Funding rate by exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [MEXC](https://arbtide.com/funding-rates/ngas/mexc) | [NGAS/USDT:USDT](https://www.mexc.com/futures/NGAS_USDT) | 0.0035% | 1h | 30.66% | 2026-10-04 17:00 UTC |
| [LBank](https://arbtide.com/funding-rates/ngas/lbank) | [NGAS/USDT:USDT](https://www.lbank.com/futures/ngasusdt) | 0.0000% | 4h | 0.00% | 2026-10-04 20:00 UTC |

## Frequently asked questions

### Is the NGAS funding rate positive right now?

Mostly no. NGAS funding is positive on 1 of the 2 exchanges, which means longs are paying shorts on those venues.

### Which exchange has the highest NGAS funding rate?

MEXC at 0.0035% per 1h (30.66% APR). The lowest is LBank at 0.0000% per 4h (0.00% APR).

### What is the NGAS funding arbitrage spread?

The gross spread is 0.0280% per 8 hours (30.66% APR): long NGAS on LBank and short on MEXC. Trading fees, slippage and price basis reduce the net return.

### How often is NGAS funding paid?

NGAS funding is paid every 4 hours on LBank; every hour on MEXC. Rates on this page are also shown as APR so they can be compared directly.