LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0379%/8h= −41.5% APRnext payment −$0.47 per $10,000 · paid last 24h −0.024%

Price spread now: GMX against Deribit−0.015%7-day average −0.026% · you buy dearer than you sell

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

Long on Deribit Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.287%+$29 on $10k

Price spread, last 4 days (all we have)+0.382%+$38 · spread now −0.015%, 7d avg −0.026%

Together, before fees+0.669%+$67 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.026%, 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 +0.287%, 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	Deribit LTC_USDC-PERPETUAL	60.834	0	get 0.0000% / 1h	41m 56s	$689K	$1.1M	50x
Short	GMX LTC/USD [ETH-USDC]	60.825	L −0.0258% / S +0.0379%	pay 0.0047% / 1h	41m 56s	$111K	—	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Deribit. 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 DeribitbpFee GMXbpOrdersPrice spread, now −0.015%Rate

Funding earned: −$79.66
Price spread: −0.015% → −0.026%: $1.14
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee GMX: 6 bp × 2 orders: −$12
Net: −$97.51
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Deribit: live order book, 2 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 Deribit live order book, 2 min ago	3.29 bp	7.8 bp −$8	13.5 bp −$135	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 −0.0258% / S +0.0379%	1h	60.825	−0.015%	$111K	—	200x
Polymarket Perps LTC-USD	−0.0062%	1h	60.771	−0.104%	$80K	$390K	10x	as long as short
Variational Omni LTC	−0.0003%	8h	60.684	−0.246%	$3.6M	$2.6M	—	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.846	+0.020%	$320K	$4.3M	4x	as long as short
Deribit LTC_USDC-PERPETUALlong	0.0000%	1h	60.834	long leg	$689K	$1.1M	50x
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	60.835	+0.001%	$30K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.459%	$5K	$22K	12x	as long as short
Orderly PERP_LTC_USDC	+0.0100%	8h	60.800	−0.056%	$13K	$211K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.847	+0.021%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	60.875	+0.067%	$266K	$327K	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid LTC	+0.0100%	1h	60.842	+0.013%	$37.0M	$24.7M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.831	−0.006%	$2.6M	$2.4M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.866	+0.052%	$532K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.720	−0.187%	$91.2M	$225.0M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.720	−0.187%	$77.3M	$58.5M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.710	−0.204%	$26.9M	$74.1M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.740	−0.155%	$12.7M	$21.2M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.740	−0.155%	$57.8M	$34.6M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.800	−0.056%	$18.3M	$12.7M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.750	−0.138%	$32.5M	$22.2M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	60.760	−0.122%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.788	−0.076%	$153K	$277K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.742	−0.151%	$41K	$375K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.661	−0.284%	$336K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.810	−0.039%	$102K	$716K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	60.920	+0.141%	$17K	$3.9M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.820	−0.023%	$163	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.800	−0.056%	$2.0M	$4.9M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.820	−0.023%	$21.6M	$8.7M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.714	−0.197%	$675K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.800	−0.056%	$464K	—	3x	as long as short
Lighter LTC	+0.0152%	1h	60.879	+0.074%	$1.3M	$1.2M	10x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.810	−0.039%	$4.8M	$12.2M	50x	as long as short
dYdX LTC-USD	+0.0223%	1h	60.878	+0.073%	$428K	$8K	10x	as long as short
Reya LTCRUSDPERP	+0.0336%	1h	60.820	−0.022%	$8K	—	25x	as long as short
Kraken Futures PF_LTCUSD	+0.0350%	1h	60.851	+0.028%	$6.7M	$6.1M	50x	as long as short
Coinbase International LTC-PERP-INTX	+0.0832%	1h	60.820	−0.023%	$1.1M	$2.3M	50x	as long as short