Funding arb · Price arb /

LTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0360%/8h= −39.4% APRpaid last 24h +0.032%

Price spread now: GMX against Bitget+0.018%7-day average +0.037% · you sell dearer than you buy

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

Long on Bitget Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.283%+$28 on $10k

Price spread, last 3 days (all we have)+0.238%+$24 · spread now +0.018%, 7d avg +0.037%

Together, before fees+0.521%+$52 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.037%, so right now this pair is about funding alone: −$11 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair paid +0.283%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget LTCUSDT	62.310	0.0100	pay 0.0100% / 8h	2h 15m	$32.3M	$21.8M	75x
Short	GMX LTC/USD [ETH-USDC]	62.321	L −0.0030% / S +0.0260%	pay 0.0032% / 1h	15m 19s	$129K	—	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Bitget. 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 BitgetbpFee GMXbpOrdersPrice spread, now +0.018%Rate

Funding earned: −$75.57
Price spread: +0.018% → +0.037%: −$1.93
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee GMX: 6 bp × 2 orders: −$12
Net: −$101.5
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 4 min ago; GMX: 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 Bitget live order book, 4 min ago	0.80 bp	9.8 bp −$10	17.9 bp −$179	36.5 bp −$3,649	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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	−0.0311%	1h	62.261	−0.079%	$79K	$371K	10x	as long as short
Variational Omni LTC	−0.0083%	8h	62.342	+0.052%	$3.6M	$4.0M	—	as long as short
GMX LTC/USD [ETH-USDC]short	L −0.0030% / S +0.0260%	1h	62.321	+0.018%	$129K	—	200x
Gate LTC_USDT	−0.0028%	8h	62.290	−0.032%	$12.8M	$20.9M	75x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	62.346	+0.058%	$331K	$4.0M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	62.368	+0.093%	$698K	$1.0M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	62.333	+0.036%	$31K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.745%	$5K	$22K	12x	as long as short
Backpack LTC_USDC_PERP	+0.0047%	1h	62.336	+0.042%	$161K	$268K	10x	as long as short
Bybit LTCUSDT	+0.0086%	8h	62.300	−0.016%	$78.9M	$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	62.403	+0.149%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	62.320	+0.016%	$12K	$212K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	62.384	+0.119%	$16K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	62.310	0.000%	$253K	$327K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	62.377	+0.108%	$38.3M	$23.1M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	62.375	+0.104%	$2.6M	$2.1M	75x	as long as short
Pacifica LTC	+0.0100%	1h	62.370	+0.097%	$546K	$84K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	62.316	+0.010%	$96.4M	$221.4M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	62.310	0.000%	$27.8M	$75.2M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	62.300	−0.016%	$61.6M	$35.3M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	62.310	0.000%	$18.8M	$12.1M	75x	as long as short
Bitget LTCUSDTlong	+0.0100%	8h	62.310	long leg	$32.3M	$21.8M	75x
BingX LTC-USDT	+0.0100%	8h	62.310	0.000%	—	$37.5M	—	as long as short
edgeX LTCUSDC	+0.0100%	4h	62.363	+0.084%	$42K	$347K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	62.371	+0.097%	$345K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	62.400	+0.144%	$104K	$711K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	62.430	+0.193%	$18K	$4.2M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	62.310	0.000%	$642	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	62.260	−0.080%	$1.9M	$4.9M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	62.340	+0.048%	$22.3M	$9.1M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	62.312	+0.003%	$694K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	62.336	+0.042%	$476K	$499	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	62.340	+0.048%	$4.9M	$11.8M	50x	as long as short
Kraken Futures PF_LTCUSD	+0.0226%	1h	62.358	+0.077%	$6.9M	$5.8M	50x	as long as short
Reya LTCRUSDPERP	+0.0334%	1h	62.292	−0.028%	$8K	—	25x	as long as short
dYdX LTC-USD	+0.0536%	1h	62.354	+0.070%	$438K	$8K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0712%	1h	62.510	+0.321%	$1.2M	$2.1M	50x	as long as short