LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.1239%/8h= −135.6% APRnext payment −$1.55 per $10,000 · paid last 24h −0.145%

Price spread now: GMX against dYdX+0.168%7-day average +0.013% · you sell dearer than you buy

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

Long on dYdX Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.369%−$37 on $10k

Price spread, last 3 days (all we have)−0.036%−$4 · spread now +0.168%, 7d avg +0.013%

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

The price spread pays, funding is against you. GMX is 0.155% dearer against dYdX than usual: you sell high and buy low (spread +0.168% now, against its 7-day average of +0.013%): +$16 on $10k if it goes back. Holding the pair costs −$37 a day in funding at the current rate, which eats that in about 10 hours. At the pace of the last 3 days (−0.369% in total) that is about 31 hours.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.369% in total (about -43.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.55 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	dYdX LTC-USD	61.850	0.0972	pay 0.0122% / 1h	38m 40s	$435K	$8K	10x
Short	GMX LTC/USD [ETH-USDC]	61.954	L −0.0054% / S +0.0266%	pay 0.0033% / 1h	38m 40s	$112K	—	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against dYdX. 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 dYdXbpFee GMXbpOrdersPrice spread, now +0.168%Rate

Funding earned: −$260.12
Price spread: +0.168% → +0.013%: $15.51
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: −$266.6
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: dYdX: live order book, 45 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 dYdX live order book, 45 min ago	50.19 bp	55.2 bp −$55	55.2 bp −$552	55.2 bp −$5,519	123.1 bp −$61.5K
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
Variational Omni LTC	−0.0073%	8h	62.048	+0.320%	$3.6M	$4.0M	—	as long as short
GMX LTC/USD [ETH-USDC]short	L −0.0054% / S +0.0266%	1h	61.954	+0.168%	$112K	—	200x
Kalshi KXLTCPERP	0.0000%	8h	61.937	+0.140%	$333K	$4.1M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	61.960	+0.178%	$31K	—	150x	as long as short
Gate LTC_USDT	+0.0013%	8h	61.900	+0.081%	$12.8M	$21.0M	75x	as long as short
Polymarket Perps LTC-USD	+0.0018%	1h	61.943	+0.150%	$81K	$374K	10x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.045%	$5K	$22K	12x	as long as short
Kraken Futures PF_LTCUSD	+0.0087%	1h	61.978	+0.207%	$6.8M	$5.7M	50x	as long as short
Lighter LTC	+0.0096%	1h	61.958	+0.174%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	61.950	+0.162%	$12K	$212K	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	61.894	+0.071%	$16K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	61.980	+0.210%	$255K	$328K	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	61.956	+0.172%	$2.6M	$2.2M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.882	+0.051%	$541K	$84K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.890	+0.065%	$95.8M	$222.0M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	61.860	+0.016%	$78.4M	$59.6M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.880	+0.048%	$27.5M	$74.7M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.890	+0.065%	$62.3M	$34.5M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.920	+0.113%	$18.7M	$12.4M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.860	+0.016%	$32.1M	$21.8M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	61.890	+0.065%	—	$37.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	61.859	+0.014%	$159K	$265K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	62.036	+0.301%	$42K	$346K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.969	+0.193%	$344K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	62.010	+0.259%	$104K	$711K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	62.030	+0.291%	$18K	$4.2M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.940	+0.145%	$638	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	62.010	+0.259%	$1.9M	$4.8M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.900	+0.081%	$22.2M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	61.884	+0.055%	$691K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.954	+0.169%	$473K	$499	3x	as long as short
Hyperliquid LTC	+0.0111%	1h	61.929	+0.128%	$38.0M	$23.1M	10x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0154%	1h	61.972	+0.197%	$694K	$1.0M	50x	as long as short
BloFin LTC-USDT	+0.0220%	8h	61.950	+0.162%	$4.8M	$11.7M	50x	as long as short
Reya LTCRUSDPERP	+0.0334%	1h	61.974	+0.200%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0760%	1h	62.110	+0.420%	$1.2M	$2.2M	50x	as long as short
dYdX LTC-USDlong	+0.0972%	1h	61.850	long leg	$435K	$8K	10x