LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0098%/8h= +10.8% APRnext payment +$0.12 per $10,000 · paid last 24h +0.024%

Price spread now: Backpack against gTrade (Gains Network)−0.135%7-day average — · you buy dearer than you sell

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

Long on gTrade (Gains Network)Short on Backpack

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Backpack is 0.135% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.135% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 4.6 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) LTC/USD	62.010	L +0.0002% / S −0.0003%	pay 0.0000% / 1h	33m 23s	$31K	—	150x
Short	Backpack LTC_USDC_PERP	61.926	0.0100	get 0.0013% / 1h	33m 23s	$159K	$266K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee BackpackbpOrdersPrice spread, now −0.135%Rate

Funding earned: $20.66
Price spread: −0.135% → 0.000%: −$13.55
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Backpack: 5 bp × 2 orders: −$10
Net: −$12.89
Costs to cover: 0.200%
Break-even: 11.4 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Backpack: live order book, 45 min ago. 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Backpack live order book, 45 min ago	0.08 bp	7.2 bp −$7	doesn't fit	doesn't fit	doesn't fit

gTrade (Gains Network): 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]	L −0.0107% / S +0.0296%	1h	62.007	−0.004%	$113K	—	200x	as long as short
Variational Omni LTC	−0.0043%	8h	61.908	−0.165%	$3.6M	$4.0M	—	as long as short
Kalshi KXLTCPERP	0.0000%	8h	62.001	−0.015%	$314K	$4.2M	4x	as long as short
gTrade (Gains Network) LTC/USDlong	L +0.0002% / S −0.0003%	1h	62.010	long leg	$31K	—	150x
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.289%	$5K	$22K	12x	as long as short
Polymarket Perps LTC-USD	+0.0084%	1h	61.977	−0.053%	$85K	$378K	10x	as long as short
Gate LTC_USDT	+0.0092%	8h	61.990	−0.032%	$13.0M	$21.3M	75x	as long as short
Orderly PERP_LTC_USDC	+0.0100%	8h	62.000	−0.016%	$12K	$213K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	61.945	−0.105%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	61.960	−0.081%	$264K	$323K	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	62.049	+0.063%	$37.6M	$23.8M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	62.040	+0.048%	$2.6M	$2.3M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.956	−0.086%	$542K	$87K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	62.000	−0.016%	$96.1M	$223.1M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	61.980	−0.048%	$78.6M	$59.7M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.980	−0.048%	$27.7M	$75.5M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	62.010	0.000%	$61.1M	$34.0M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	62.010	0.000%	$19.1M	$12.6M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	62.000	−0.016%	$32.2M	$22.1M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	61.990	−0.032%	—	$37.7M	—	as long as short
Backpack LTC_USDC_PERPshort	+0.0100%	1h	61.926	−0.135%	$159K	$266K	10x
edgeX LTCUSDC	+0.0100%	4h	61.967	−0.069%	$42K	$356K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.940	−0.113%	$350K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.910	−0.161%	$118K	$713K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	62.080	+0.113%	$17K	$4.1M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.980	−0.048%	$638	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	61.940	−0.113%	$1.9M	$4.9M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.990	−0.032%	$22.2M	$9.1M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	61.969	−0.066%	$688K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.990	−0.032%	$473K	$499	3x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0153%	1h	62.033	+0.037%	$700K	$1.1M	50x	as long as short
Lighter LTC	+0.0160%	1h	62.039	+0.047%	$1.3M	$1.2M	10x	as long as short
BloFin LTC-USDT	+0.0220%	8h	61.960	−0.081%	$4.9M	$11.8M	50x	as long as short
Reya LTCRUSDPERP	+0.0335%	1h	61.983	−0.043%	$8K	—	25x	as long as short
Kraken Futures PF_LTCUSD	+0.0433%	1h	62.002	−0.013%	$6.9M	$5.8M	50x	as long as short
dYdX LTC-USD	+0.0829%	1h	61.973	−0.060%	$436K	$8K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0848%	1h	62.220	+0.339%	$1.2M	$2.3M	50x	as long as short