LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.1039%/8h= −113.7% APRnext payment −$1.30 per $10,000 · paid last 24h −0.113%

Price spread now: GMX against Coinbase International−0.317%7-day average −0.104% · you buy dearer than you sell

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

Long on Coinbase International Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.005%−$1 on $10k

Price spread, last 3 days (all we have)+0.410%+$41 · spread now −0.317%, 7d avg −0.104%

Together, before fees+0.405%+$40 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$31 a day on $10k at the current rate, and GMX is 0.213% cheaper against Coinbase International than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of −0.104%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.005% in total (about -0.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.30 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International LTC-PERP-INTX	61.720	0.0760	pay 0.0095% / 1h	12m 19s	$1.2M	$2.2M	50x
Short	GMX LTC/USD [ETH-USDC]	61.524	L −0.0076% / S +0.0279%	pay 0.0035% / 1h	12m 19s	$112K	—	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Coinbase International. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Coinbase InternationalbpFee GMXbpOrdersPrice spread, now −0.317%Rate

Funding earned: −$218.14
Price spread: −0.317% → −0.104%: −$21.35
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: −$261.49
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 1 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 Coinbase International live order book, 1 min ago	6.49 bp	11.5 bp −$11	17.4 bp −$174	doesn't fit	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
GMX LTC/USD [ETH-USDC]short	L −0.0076% / S +0.0279%	1h	61.524	−0.317%	$112K	—	200x
Variational Omni LTC	−0.0062%	8h	61.507	−0.345%	$3.6M	$4.0M	—	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.546	−0.282%	$339K	$4.1M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	61.538	−0.296%	$30K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−4.844%	$5K	$22K	12x	as long as short
Gate LTC_USDT	+0.0048%	8h	61.530	−0.308%	$12.9M	$21.3M	75x	as long as short
Polymarket Perps LTC-USD	+0.0078%	1h	61.492	−0.369%	$85K	$378K	10x	as long as short
Kraken Futures PF_LTCUSD	+0.0087%	1h	61.562	−0.256%	$6.8M	$5.8M	50x	as long as short
Lighter LTC	+0.0096%	1h	61.604	−0.188%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0100%	8h	61.530	−0.308%	$12K	$213K	20x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex LTC-USD-PERP	+0.0100%	8h	61.503	−0.351%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	61.505	−0.348%	$253K	$321K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	61.576	−0.234%	$37.3M	$23.8M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	61.560	−0.259%	$2.6M	$2.2M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.532	−0.305%	$538K	$84K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.532	−0.305%	$95.3M	$222.5M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	61.500	−0.356%	$78.0M	$59.7M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.490	−0.373%	$27.4M	$74.6M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.520	−0.324%	$61.4M	$34.9M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.530	−0.308%	$19.0M	$12.6M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.520	−0.324%	$31.9M	$22.0M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	61.520	−0.324%	—	$37.4M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	61.507	−0.345%	$158K	$266K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	61.529	−0.310%	$42K	$357K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.530	−0.308%	$351K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.550	−0.275%	$103K	$708K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.610	−0.178%	$17K	$4.2M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.530	−0.308%	$634	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	61.520	−0.324%	$1.9M	$4.8M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.550	−0.275%	$22.0M	$9.1M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	61.507	−0.344%	$685K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.529	−0.309%	$470K	$499	3x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0172%	1h	61.567	−0.248%	$693K	$1.1M	50x	as long as short
BloFin LTC-USDT	+0.0220%	8h	61.470	−0.405%	$4.8M	$11.7M	50x	as long as short
Reya LTCRUSDPERP	+0.0334%	1h	61.517	−0.329%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTXlong	+0.0760%	1h	61.720	long leg	$1.2M	$2.2M	50x
dYdX LTC-USD	+0.0970%	1h	61.541	−0.289%	$433K	$8K	10x	as long as short