LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0097%/8h= −10.6% APRnext payment −$0.12 per $10,000 · paid last 24h −0.023%

Price spread now: gTrade (Gains Network) against Backpack−0.026%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Backpack Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.026% cheaper against Backpack than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack LTC_USDC_PERP	61.926	0.0100	pay 0.0013% / 1h	33m 44s	$159K	$266K	10x
Short	gTrade (Gains Network) LTC/USD	61.910	L +0.0002% / S −0.0003%	get 0.0000% / 1h	33m 44s	$31K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Backpack. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BackpackbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.026%Rate

Funding earned: −$20.42
Price spread: −0.026% → 0.000%: −$2.58
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$43.01
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Backpack: live order book, 45 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Backpack live order book, 45 min ago	0.08 bp	6.3 bp −$6	doesn't fit	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

LTC on 37 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX LTC/USD [ETH-USDC]	L −0.0107% / S +0.0296%	1h	61.898	−0.046%	$113K	—	200x	as long as short
Variational Omni LTC	−0.0043%	8h	61.908	−0.029%	$3.6M	$4.0M	—	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.911	−0.024%	$314K	$4.2M	4x	as long as short
gTrade (Gains Network) LTC/USDshort	L +0.0002% / S −0.0003%	1h	61.910	−0.026%	$31K	—	150x
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.161%	$5K	$22K	12x	as long as short
Polymarket Perps LTC-USD	+0.0082%	1h	61.850	−0.123%	$85K	$378K	10x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0089%	1h	61.928	+0.003%	$699K	$1.1M	50x	as long as short
Gate LTC_USDT	+0.0092%	8h	61.940	+0.023%	$13.0M	$21.3M	75x	as long as short
Orderly PERP_LTC_USDC	+0.0100%	8h	61.890	−0.058%	$12K	$213K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	61.945	+0.031%	$14K	$10K	20x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado LTC-PERP	+0.0100%	1h	61.890	−0.058%	$264K	$323K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	61.998	+0.116%	$37.6M	$23.8M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	61.970	+0.071%	$2.6M	$2.3M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.956	+0.049%	$542K	$87K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.957	+0.050%	$96.0M	$223.2M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	61.940	+0.023%	$78.5M	$59.6M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.930	+0.006%	$27.6M	$75.4M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.960	+0.055%	$61.0M	$34.0M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.960	+0.055%	$19.1M	$12.6M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.960	+0.055%	$32.2M	$22.1M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	61.970	+0.071%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERPlong	+0.0100%	1h	61.926	long leg	$159K	$266K	10x
edgeX LTCUSDC	+0.0100%	4h	61.967	+0.067%	$42K	$356K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.940	+0.023%	$350K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.980	+0.087%	$118K	$713K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.970	+0.071%	$17K	$4.1M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.890	−0.058%	$637	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	61.890	−0.058%	$1.9M	$4.9M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.940	+0.023%	$22.2M	$9.1M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	61.939	+0.021%	$688K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.890	−0.058%	$473K	$499	3x	as long as short
Lighter LTC	+0.0160%	1h	62.024	+0.158%	$1.3M	$1.2M	10x	as long as short
BloFin LTC-USDT	+0.0220%	8h	61.920	−0.010%	$4.9M	$11.8M	50x	as long as short
Reya LTCRUSDPERP	+0.0335%	1h	61.874	−0.084%	$8K	—	25x	as long as short
Kraken Futures PF_LTCUSD	+0.0433%	1h	61.921	−0.007%	$6.8M	$5.8M	50x	as long as short
dYdX LTC-USD	+0.0829%	1h	61.973	+0.075%	$436K	$8K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0848%	1h	62.220	+0.475%	$1.2M	$2.3M	50x	as long as short