Funding you earn now, next payment 03:00 UTC+0.0376%/8h= +41.2% APRnext payment +$0.47 per $10,000 · paid last 24h +0.033%
Price spread now: Hyperliquid against GMX+0.055%7-day average +0.083% · 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)−0.061%−$6 on $10k
+Price spread, last 4 days (all we have)−0.299%−$30 · spread now +0.055%, 7d avg +0.083%
=Together, before fees−0.360%+ Points / potential airdropHyperliquid: Season 2 · farm board−$36 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.027% cheaper against GMX than usual: you would sell low and buy high (spread +0.055% now, against its 7-day average of +0.083%). If the spread goes back, that is −$3 on $10k: about 6 hours of funding at the current rate (+$11 a day). Mind the row above: over the last 3 days funding on this pair cost −0.061%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.061% in total (about -6.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.47 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 | GMX LTC/USD [ETH-USDC] | 61.096 | L −0.0276% / S +0.0404% | get 0.0034% / 1h | 19m 57s | $111K | — | 200x |
| Short | Hyperliquid LTC | 61.130 | 0.0100 | get 0.0013% / 1h | 19m 57s | $37.2M | $24.6M | 10x |
GMX LTC/USD [ETH-USDC]
Hyperliquid LTCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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
- $78.95
- Price spread: +0.055% → +0.083%
- −$2.75
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $55.2
- Costs to cover
- 0.210%
- Break-even
- 2.1 days
Slippage unknown: GMX: no order-book sample; Hyperliquid: live order book, 3 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 Hyperliquid live order book, 3 min ago | 0.08 bp | 7.3 bp −$7 | doesn't fit | 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 −0.0276% / S +0.0404% | 1h | 61.096 | long leg | $111K | — | 200x | |
| Polymarket Perps LTC-USD | −0.0135% | 1h | 61.004 | −0.151% | $80K | $390K | 10x | as long as short |
| Kalshi KXLTCPERP | 0.0000% | 8h | 61.109 | +0.021% | $318K | $4.3M | 4x | as long as short |
| Deribit LTC_USDC-PERPETUAL | 0.0000% | 1h | 61.117 | +0.034% | $693K | $1.1M | 50x | as long as short |
| gTrade (Gains Network) LTC/USD | L +0.0002% / S −0.0003% | 1h | 61.095 | −0.002% | $30K | — | 150x | as long as short |
| Variational Omni LTC | +0.0010% | 8h | 61.074 | −0.037% | $3.6M | $2.6M | — | as long as short |
| Injective LTC/USDC PERP | +0.0033% | 1h | 58.730 | −3.873% | $5K | $22K | 12x | as long as short |
| Lighter LTC | +0.0096% | 1h | 61.145 | +0.080% | $1.3M | $1.2M | 10x | as long as short |
| Orderly PERP_LTC_USDC | +0.0099% | 8h | 61.060 | −0.060% | $13K | $210K | 20x | as long as short |
| Paradex LTC-USD-PERP | +0.0100% | 8h | 61.062 | −0.056% | $14K | $10K | 20x | as long as short |
Polymarket Perps LTC-USD
Kalshi KXLTCPERP
Deribit LTC_USDC-PERPETUAL
gTrade (Gains Network) LTC/USD
Variational Omni LTC
Injective LTC/USDC PERP
Lighter LTC
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 | 61.075 | −0.035% | $266K | $326K | 10x | as long as short |
| Hyperliquid LTCshort | +0.0100% | 1h | 61.130 | +0.055% | $37.2M | $24.6M | 10x | |
| Aster LTCUSDT | +0.0100% | 8h | 61.101 | +0.007% | $2.6M | $2.5M | 75x | as long as short |
| Pacifica LTC | +0.0100% | 1h | 61.093 | −0.006% | $534K | $83K | 10x | as long as short |
| Binance LTCUSDT | +0.0100% | 8h | 61.040 | −0.092% | $91.4M | $225.4M | 75x | as long as short |
| Bybit LTCUSDT | +0.0100% | 8h | 61.030 | −0.109% | $77.5M | $58.7M | 75x | as long as short |
| OKX LTC-USDT-SWAP | +0.0100% | 8h | 61.040 | −0.092% | $26.9M | $74.2M | 50x | as long as short |
| Gate LTC_USDT | +0.0100% | 8h | 61.050 | −0.076% | $12.7M | $21.3M | 75x | as long as short |
| MEXC LTC_USDT | +0.0100% | 8h | 61.070 | −0.043% | $57.5M | $34.8M | 200x | as long as short |
| KuCoin LTCUSDTM | +0.0100% | 8h | 61.050 | −0.076% | $18.4M | $12.8M | 75x | as long as short |
| Bitget LTCUSDT | +0.0100% | 8h | 61.080 | −0.027% | $32.8M | $22.3M | 75x | as long as short |
| BingX LTC-USDC | +0.0100% | 8h | 61.050 | −0.076% | — | $6.5M | — | as long as short |
| Backpack LTC_USDC_PERP | +0.0100% | 1h | 61.067 | −0.048% | $154K | $277K | 10x | as long as short |
| edgeX LTCUSDC | +0.0100% | 4h | 60.903 | −0.317% | $41K | $373K | 20x | as long as short |
| GRVT LTC_USDT_Perp | +0.0100% | 8h | 61.002 | −0.154% | $345K | $1.9M | 10x | as long as short |
| ApeX Omni LTCUSDT | +0.0100% | 1h | 61.000 | −0.158% | $102K | $717K | 50x | as long as short |
| SunX LTC-USDT | +0.0100% | 8h | 61.160 | +0.104% | $17K | $3.9M | 30x | as long as short |
| SoDEX LTC-USD | +0.0100% | 1h | 61.090 | −0.010% | $164 | $5K | 10x | as long as short |
| HTX LTC-USDT | +0.0100% | 8h | 61.040 | −0.092% | $2.0M | $4.8M | 75x | as long as short |
| Phemex LTCUSDT | +0.0100% | 8h | 61.090 | −0.010% | $21.7M | $8.8M | 50x | as long as short |
| Extended LTC-USD | +0.0104% | 1h | 61.049 | −0.077% | $675K | $1.1M | 25x | as long as short |
| Aevo LTC-PERP | +0.0104% | 1h | 61.075 | −0.035% | $466K | — | 3x | as long as short |
| dYdX LTC-USD | +0.0215% | 1h | 61.088 | −0.014% | $429K | $8K | 10x | as long as short |
| BloFin LTC-USDT | +0.0220% | 8h | 61.090 | −0.010% | $4.8M | $12.3M | 50x | as long as short |
| Reya LTCRUSDPERP | +0.0336% | 1h | 61.054 | −0.070% | $8K | — | 25x | as long as short |
| Kraken Futures PF_LTCUSD | +0.0348% | 1h | 61.117 | +0.035% | $6.8M | $6.1M | 50x | as long as short |
| Coinbase International LTC-PERP-INTX | +0.0832% | 1h | 61.260 | +0.268% | $1.1M | $2.3M | 50x | as long as short |
Nado LTC-PERP
Aster LTCUSDT
Pacifica LTC
Binance LTCUSDT
Bybit LTCUSDT
OKX LTC-USDT-SWAP
Gate LTC_USDT
MEXC LTC_USDT
KuCoin LTCUSDTM
Bitget LTCUSDT
BingX LTC-USDC
Backpack LTC_USDC_PERP
edgeX LTCUSDC
GRVT LTC_USDT_Perp
ApeX Omni LTCUSDT
SunX LTC-USDT
SoDEX LTC-USD
HTX LTC-USDT
Phemex LTCUSDT
Extended LTC-USD
Aevo LTC-PERP
dYdX LTC-USD
BloFin LTC-USDT
Reya LTCRUSDPERP
Kraken Futures PF_LTCUSD
Coinbase International LTC-PERP-INTX