Funding you earn now, next payment 22:00 UTC−0.0019%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h −0.016%
Price spread now: Injective against Backpack−5.767%72s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+2.130%+$213 on $10k
+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 −$1 a day on $10k at the current rate, and Injective is 5.767% cheaper against Backpack than usual: you would sell low and buy high (−$577 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +2.130%, so the current rate has only just turned against you. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack LTC_USDC_PERP | 62.324 | 0.0052 | pay 0.0006% / 1h | 17m 59s | $161K | $268K | 10x |
| Short | Injective LTC/USDC PERP | 58.730 | 0.0033 | get 0.0004% / 1h | 17m 59s | $5K | $22K | 12x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Backpack. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$3.91
- Price spread: −5.767% → 0.000%
- −$576.66
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$590.6
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Backpack: live order book, 5 min ago; Injective: 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, 5 min ago | 0.08 bp | 7.2 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps LTC-USD | −0.0307% | 1h | 62.306 | −0.029% | $79K | $371K | 10x | as long as short |
| Variational Omni LTC | −0.0082% | 8h | 62.432 | +0.173% | $3.6M | $4.0M | — | as long as short |
| GMX LTC/USD [ETH-USDC] | L −0.0029% / S +0.0259% | 1h | 62.364 | +0.065% | $129K | — | 200x | as long as short |
| Gate LTC_USDT | −0.0027% | 8h | 62.330 | +0.010% | $12.8M | $20.9M | 75x | as long as short |
| Kalshi KXLTCPERP | 0.0000% | 8h | 62.375 | +0.082% | $348K | $4.0M | 4x | as long as short |
| Deribit LTC_USDC-PERPETUAL | 0.0000% | 1h | 62.395 | +0.114% | $698K | $1.0M | 50x | as long as short |
| gTrade (Gains Network) LTC/USD | L +0.0002% / S −0.0003% | 1h | 62.374 | +0.080% | $31K | — | 150x | as long as short |
| Injective LTC/USDC PERPshort | +0.0033% | 1h | 58.730 | −5.767% | $5K | $22K | 12x | |
| Backpack LTC_USDC_PERPlong | +0.0052% | 1h | 62.324 | long leg | $161K | $268K | 10x | |
| Bybit LTCUSDT | +0.0082% | 8h | 62.350 | +0.042% | $79.0M | $59.7M | 75x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter LTC | +0.0096% | 1h | 62.433 | +0.175% | $1.3M | $1.2M | 10x | as long as short |
| Orderly PERP_LTC_USDC | +0.0099% | 8h | 62.360 | +0.058% | $12K | $212K | 20x | as long as short |
| Paradex LTC-USD-PERP | +0.0100% | 8h | 62.338 | +0.023% | $16K | $10K | 20x | as long as short |
| Nado LTC-PERP | +0.0100% | 1h | 62.330 | +0.010% | $253K | $327K | 10x | as long as short |
| Hyperliquid LTC | +0.0100% | 1h | 62.406 | +0.132% | $38.4M | $23.1M | 10x | as long as short |
| Aster LTCUSDT | +0.0100% | 8h | 62.430 | +0.170% | $2.6M | $2.1M | 75x | as long as short |
| Pacifica LTC | +0.0100% | 1h | 62.351 | +0.043% | $546K | $84K | 10x | as long as short |
| Binance LTCUSDT | +0.0100% | 8h | 62.360 | +0.058% | $96.5M | $221.3M | 75x | as long as short |
| OKX LTC-USDT-SWAP | +0.0100% | 8h | 62.350 | +0.042% | $27.8M | $75.2M | 50x | as long as short |
| MEXC LTC_USDT | +0.0100% | 8h | 62.360 | +0.058% | $61.6M | $35.3M | 200x | as long as short |
| KuCoin LTCUSDTM | +0.0100% | 8h | 62.360 | +0.058% | $18.8M | $12.1M | 75x | as long as short |
| Bitget LTCUSDT | +0.0100% | 8h | 62.360 | +0.058% | $32.4M | $21.8M | 75x | as long as short |
| BingX LTC-USDC | +0.0100% | 8h | 62.340 | +0.026% | — | $6.5M | — | as long as short |
| edgeX LTCUSDC | +0.0100% | 4h | 62.447 | +0.197% | $42K | $346K | 20x | as long as short |
| GRVT LTC_USDT_Perp | +0.0100% | 8h | 62.388 | +0.102% | $345K | $2.0M | 10x | as long as short |
| ApeX Omni LTCUSDT | +0.0100% | 1h | 62.460 | +0.218% | $104K | $711K | 50x | as long as short |
| SunX LTC-USDT | +0.0100% | 8h | 62.450 | +0.202% | $17K | $4.2M | 30x | as long as short |
| SoDEX LTC-USD | +0.0100% | 1h | 62.340 | +0.026% | $642 | $5K | 10x | as long as short |
| HTX LTC-USDT | +0.0100% | 8h | 62.330 | +0.010% | $1.9M | $4.9M | 75x | as long as short |
| Phemex LTCUSDT | +0.0100% | 8h | 62.360 | +0.058% | $22.3M | $9.1M | 50x | as long as short |
| Extended LTC-USD | +0.0104% | 1h | 62.343 | +0.030% | $694K | $1.1M | 25x | as long as short |
| Aevo LTC-PERP | +0.0104% | 1h | 62.359 | +0.056% | $476K | $499 | 3x | as long as short |
| BloFin LTC-USDT | +0.0220% | 8h | 62.360 | +0.058% | $4.9M | $11.8M | 50x | as long as short |
| Kraken Futures PF_LTCUSD | +0.0226% | 1h | 62.400 | +0.122% | $6.9M | $5.8M | 50x | as long as short |
| Reya LTCRUSDPERP | +0.0334% | 1h | 62.333 | +0.015% | $8K | — | 25x | as long as short |
| dYdX LTC-USD | +0.0536% | 1h | 62.360 | +0.058% | $438K | $8K | 10x | as long as short |
| Coinbase International LTC-PERP-INTX | +0.0712% | 1h | 62.580 | +0.411% | $1.2M | $2.1M | 50x | as long as short |
Backpack LTC_USDC_PERP
Injective LTC/USDC PERP
Polymarket Perps LTC-USD
Variational Omni LTC
GMX LTC/USD [ETH-USDC]
Gate LTC_USDT
Kalshi KXLTCPERP
Deribit LTC_USDC-PERPETUAL
gTrade (Gains Network) LTC/USD
Bybit LTCUSDT
Lighter LTC
Paradex LTC-USD-PERP
Hyperliquid LTC
Aster LTCUSDT
Pacifica LTC
Binance LTCUSDT
OKX LTC-USDT-SWAP
MEXC LTC_USDT
KuCoin LTCUSDTM
Bitget LTCUSDT
BingX LTC-USDC
edgeX LTCUSDC
GRVT LTC_USDT_Perp
ApeX Omni LTCUSDT
SunX LTC-USDT
SoDEX LTC-USD
HTX LTC-USDT
Phemex LTCUSDT
Extended LTC-USD
BloFin LTC-USDT
Kraken Futures PF_LTCUSD
Coinbase International LTC-PERP-INTX