Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0122%/8h= +13.4% APRpaid last 24h −0.051%

Price spread now: Binance against GMX−0.110%7-day average 0.000% · you buy dearer than you sell

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

Long on GMX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.223%−$22 on $10k

Price spread, last 3 days (all we have)−0.299%−$30 · spread now −0.110%, 7d avg 0.000%

Together, before fees−0.522%−$52 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.110% cheaper against GMX than usual: you would sell low and buy high (spread −0.110% now, against its 7-day average of 0.000%). If the spread goes back, that is −$11 on $10k: about 3.0 days of funding at the current rate (+$4 a day). Mind the row above: over the last 3 days funding on this pair cost −0.223%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX LTC/USD [ETH-USDC]	62.053	L −0.0022% / S +0.0254%	get 0.0003% / 1h	50m 59s	$128K	—	200x
Short	Binance LTCUSDT	61.985	0.0100	get 0.0100% / 8h	2h 50m	$96.2M	$220.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against GMX. 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 GMXbpFee BinancebpOrdersPrice spread, now −0.110%Rate

Funding earned: $25.67
Price spread: −0.110% → 0.000%: −$10.99
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$7.32
Costs to cover: 0.220%
Break-even: 9.0 days

Slippage unknown: GMX: no order-book sample; Binance: live order book, 8 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 GMX no order-book sample	—	—	—	—	—
Sell Binance live order book, 8 min ago	0.80 bp	6.7 bp −$7	11.1 bp −$111	29.7 bp −$2,970	105.5 bp −$52.8K

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	−0.0406%	1h	61.988	−0.105%	$79K	$390K	10x	as long as short
Variational Omni LTC	−0.0092%	8h	62.245	+0.309%	$3.7M	$4.0M	—	as long as short
Gate LTC_USDT	−0.0036%	8h	61.980	−0.118%	$12.8M	$20.8M	75x	as long as short
Backpack LTC_USDC_PERP	−0.0028%	1h	61.995	−0.093%	$161K	$271K	10x	as long as short
GMX LTC/USD [ETH-USDC]long	L −0.0022% / S +0.0254%	1h	62.053	long leg	$128K	—	200x
Kalshi KXLTCPERP	0.0000%	8h	62.072	+0.031%	$345K	$4.0M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	62.054	+0.002%	$694K	$1.1M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	62.060	+0.011%	$31K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.355%	$5K	$22K	12x	as long as short
Bybit LTCUSDT	+0.0045%	8h	61.970	−0.134%	$78.5M	$59.4M	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	62.088	+0.056%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	62.020	−0.053%	$12K	$211K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	62.016	−0.060%	$16K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	62.005	−0.077%	$255K	$325K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	62.063	+0.016%	$38.2M	$23.0M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	62.041	−0.019%	$2.6M	$2.1M	75x	as long as short
Pacifica LTC	+0.0100%	1h	62.050	−0.005%	$544K	$83K	10x	as long as short
Binance LTCUSDTshort	+0.0100%	8h	61.985	−0.110%	$96.2M	$220.6M	75x
OKX LTC-USDT-SWAP	+0.0100%	8h	61.980	−0.118%	$27.6M	$74.6M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.990	−0.102%	$61.9M	$34.8M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	62.000	−0.085%	$19.1M	$12.0M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.990	−0.102%	$32.0M	$21.6M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	61.990	−0.102%	—	$37.4M	—	as long as short
edgeX LTCUSDC	+0.0100%	4h	62.112	+0.096%	$42K	$343K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	62.286	+0.375%	$349K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	62.160	+0.172%	$104K	$709K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	62.140	+0.140%	$17K	$4.2M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	62.000	−0.085%	$639	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	62.010	−0.069%	$1.9M	$4.9M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	62.030	−0.037%	$22.2M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	61.980	−0.117%	$694K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	62.008	−0.073%	$473K	$499	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	62.010	−0.069%	$4.9M	$11.8M	50x	as long as short
Kraken Futures PF_LTCUSD	+0.0228%	1h	62.035	−0.029%	$6.8M	$5.9M	50x	as long as short
Reya LTCRUSDPERP	+0.0334%	1h	62.027	−0.042%	$8K	$199	25x	as long as short
dYdX LTC-USD	+0.0572%	1h	62.050	−0.005%	$436K	$8K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0712%	1h	62.170	+0.189%	$1.2M	$2.1M	50x	as long as short