Funding you earn now, next payment 00:00 UTC+0.0211%/8h= +23.2% APRpaid last 24h −0.060%
Price spread now: GRVT against GMX+0.080%69s7-day average −0.020% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.242%−$24 on $10k
+Price spread, last 3 days (all we have)−0.172%−$17 · spread now +0.080%, 7d avg −0.020%
=Together, before fees−0.414%+ Points / potential airdropGRVT: Active · farm board−$41 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and GRVT is 0.100% dearer against GMX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.020%. Mind the row above: over the last 3 days funding on this pair cost −0.242%, so the current rate has only just turned in your favour. The two prices were read 69 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX LTC/USD [ETH-USDC] | 61.895 | L −0.0111% / S +0.0298% | get 0.0014% / 1h | 28m 02s | $113K | — | 200x |
| Short | GRVT LTC_USDT_Perp | 61.945 | 0.0100 | get 0.0100% / 8h | 28m 02s | $350K | $1.9M | 10x |
GMX LTC/USD [ETH-USDC]
GRVT LTC_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against GMX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $44.41
- Price spread: +0.080% → −0.020%
- $9.97
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $33.37
- Costs to cover
- 0.210%
- Break-even
- 1.7 days
Slippage unknown: GMX: no order-book sample; GRVT: live order book, 5 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 GRVT live order book, 5 min ago | 0.81 bp | 10.0 bp −$10 | 39.3 bp −$393 | doesn't fit | doesn't fit |
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]long | L −0.0111% / S +0.0298% | 1h | 61.895 | long leg | $113K | — | 200x | |
| Variational Omni LTC | −0.0041% | 8h | 61.898 | +0.004% | $3.6M | $4.0M | — | as long as short |
| Kalshi KXLTCPERP | 0.0000% | 8h | 61.964 | +0.111% | $313K | $4.2M | 4x | as long as short |
| gTrade (Gains Network) LTC/USD | L +0.0002% / S −0.0003% | 1h | 61.907 | +0.019% | $31K | — | 150x | as long as short |
| Deribit LTC_USDC-PERPETUAL | +0.0025% | 1h | 61.926 | +0.050% | $699K | $1.1M | 50x | as long as short |
| Injective LTC/USDC PERP | +0.0033% | 1h | 58.730 | −5.114% | $5K | $22K | 12x | as long as short |
| Polymarket Perps LTC-USD | +0.0051% | 1h | 61.858 | −0.060% | $85K | $378K | 10x | as long as short |
| Gate LTC_USDT | +0.0088% | 8h | 61.900 | +0.008% | $13.0M | $21.3M | 75x | as long as short |
| Orderly PERP_LTC_USDC | +0.0100% | 8h | 61.900 | +0.008% | $12K | $213K | 20x | as long as short |
| Paradex LTC-USD-PERP | +0.0100% | 8h | 61.870 | −0.041% | $14K | $10K | 20x | as long as short |
Variational Omni LTC
Kalshi KXLTCPERP
gTrade (Gains Network) LTC/USD
Deribit LTC_USDC-PERPETUAL
Injective LTC/USDC PERP
Polymarket Perps LTC-USD
Gate LTC_USDT
Orderly PERP_LTC_USDC
Paradex LTC-USD-PERPShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado LTC-PERP | +0.0100% | 1h | 61.880 | −0.025% | $264K | $323K | 10x | as long as short |
| Hyperliquid LTC | +0.0100% | 1h | 61.941 | +0.074% | $37.5M | $23.8M | 10x | as long as short |
| Aster LTCUSDT | +0.0100% | 8h | 61.972 | +0.124% | $2.6M | $2.3M | 75x | as long as short |
| Pacifica LTC | +0.0100% | 1h | 61.892 | −0.005% | $541K | $87K | 10x | as long as short |
| Binance LTCUSDT | +0.0100% | 8h | 61.884 | −0.018% | $95.9M | $223.0M | 75x | as long as short |
| Bybit LTCUSDT | +0.0100% | 8h | 61.860 | −0.057% | $78.4M | $59.7M | 75x | as long as short |
| OKX LTC-USDT-SWAP | +0.0100% | 8h | 61.880 | −0.025% | $27.6M | $75.3M | 50x | as long as short |
| MEXC LTC_USDT | +0.0100% | 8h | 61.890 | −0.009% | $61.8M | $34.1M | 200x | as long as short |
| KuCoin LTCUSDTM | +0.0100% | 8h | 61.920 | +0.040% | $19.1M | $12.6M | 75x | as long as short |
| Bitget LTCUSDT | +0.0100% | 8h | 61.890 | −0.009% | $32.1M | $22.1M | 75x | as long as short |
| BingX LTC-USDC | +0.0100% | 8h | 61.880 | −0.025% | — | $6.5M | — | as long as short |
| Backpack LTC_USDC_PERP | +0.0100% | 1h | 61.868 | −0.044% | $159K | $267K | 10x | as long as short |
| edgeX LTCUSDC | +0.0100% | 4h | 61.958 | +0.101% | $42K | $357K | 20x | as long as short |
| GRVT LTC_USDT_Perpshort | +0.0100% | 8h | 61.945 | +0.080% | $350K | $1.9M | 10x | |
| ApeX Omni LTCUSDT | +0.0100% | 1h | 62.010 | +0.185% | $118K | $712K | 50x | as long as short |
| SunX LTC-USDT | +0.0100% | 8h | 61.970 | +0.121% | $17K | $4.1M | 30x | as long as short |
| SoDEX LTC-USD | +0.0100% | 1h | 61.880 | −0.025% | $637 | $5K | 10x | as long as short |
| HTX LTC-USDT | +0.0100% | 8h | 61.930 | +0.056% | $1.9M | $4.9M | 75x | as long as short |
| Phemex LTCUSDT | +0.0100% | 8h | 61.920 | +0.040% | $22.2M | $9.1M | 50x | as long as short |
| Extended LTC-USD | +0.0104% | 1h | 61.869 | −0.043% | $688K | $1.1M | 25x | as long as short |
| Aevo LTC-PERP | +0.0104% | 1h | 61.885 | −0.017% | $473K | $499 | 3x | as long as short |
| Lighter LTC | +0.0128% | 1h | 61.972 | +0.124% | $1.3M | $1.2M | 10x | as long as short |
| BloFin LTC-USDT | +0.0220% | 8h | 61.960 | +0.104% | $4.9M | $11.8M | 50x | as long as short |
| Reya LTCRUSDPERP | +0.0335% | 1h | 61.873 | −0.036% | $8K | — | 25x | as long as short |
| Kraken Futures PF_LTCUSD | +0.0434% | 1h | 61.919 | +0.039% | $6.8M | $5.8M | 50x | as long as short |
| dYdX LTC-USD | +0.0813% | 1h | 61.903 | +0.012% | $435K | $8K | 10x | as long as short |
| Coinbase International LTC-PERP-INTX | +0.0848% | 1h | 62.220 | +0.525% | $1.2M | $2.3M | 50x | as long as short |
Nado LTC-PERP
Hyperliquid LTC
Aster LTCUSDT
Pacifica LTC
Binance LTCUSDT
Bybit LTCUSDT
OKX LTC-USDT-SWAP
MEXC LTC_USDT
KuCoin LTCUSDTM
Bitget LTCUSDT
BingX LTC-USDC
Backpack LTC_USDC_PERP
edgeX LTCUSDC
ApeX Omni LTCUSDT
SunX LTC-USDT
SoDEX LTC-USD
HTX LTC-USDT
Phemex LTCUSDT
Extended LTC-USD
Aevo LTC-PERP
Lighter LTC
BloFin LTC-USDT
Reya LTCRUSDPERP
Kraken Futures PF_LTCUSD
dYdX LTC-USD
Coinbase International LTC-PERP-INTX