LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0604%/8h= +66.1% APRnext payment +$0.75 per $10,000 · paid last 24h −0.006%

Price spread now: Kraken Futures against GMX+0.016%7-day average +0.008% · you sell dearer than you buy

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

Long on GMX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.199%−$20 on $10k

Price spread, last 4 days (all we have)−0.215%−$21 · spread now +0.016%, 7d avg +0.008%

Together, before fees−0.414%−$41 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.008%, so right now this pair is about funding alone: +$18 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair cost −0.199%, 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 -0.199% in total (about -22.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.75 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]	60.227	L −0.0307% / S +0.0420%	get 0.0038% / 1h	45m 17s	$109K	—	200x
Short	Kraken Futures PF_LTCUSD	60.236	0.0297	get 0.0037% / 1h	45m 17s	$6.7M	$6.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.016%Rate

Funding earned: $126.8
Price spread: +0.016% → +0.008%: $0.74
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $105.54
Costs to cover: 0.220%
Break-even: 1.2 days

Slippage unknown: GMX: no order-book sample; Kraken Futures: live order book, 4 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 Kraken Futures live order book, 4 min ago	0.83 bp	13.7 bp −$14	18.6 bp −$186	74.5 bp −$7,447	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 −0.0307% / S +0.0420%	1h	60.227	long leg	$109K	—	200x
Polymarket Perps LTC-USD	−0.0233%	1h	60.175	−0.086%	$79K	$397K	10x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.238	+0.019%	$334K	$4.4M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	60.253	+0.044%	$683K	$1.1M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	60.235	+0.014%	$30K	—	150x	as long as short
Variational Omni LTC	+0.0020%	8h	60.194	−0.054%	$3.5M	$2.6M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−2.485%	$5K	$22K	12x	as long as short
Lighter LTC	+0.0096%	1h	60.220	−0.011%	$947K	$1.6M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.220	−0.011%	$13K	$184K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.217	−0.016%	$14K	$10K	20x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado LTC-PERP	+0.0100%	1h	60.215	−0.019%	$265K	$333K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	60.276	+0.082%	$36.6M	$24.8M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.242	+0.026%	$2.6M	$2.6M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.218	−0.014%	$526K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.220	−0.010%	$89.5M	$229.0M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.210	−0.028%	$76.1M	$59.9M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.220	−0.011%	$26.6M	$74.5M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.220	−0.011%	$12.4M	$21.6M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.230	+0.006%	$56.0M	$35.2M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.230	+0.006%	$18.1M	$12.9M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.240	+0.022%	$32.0M	$22.4M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	60.220	−0.011%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.206	−0.034%	$152K	$278K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.195	−0.052%	$41K	$375K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.242	+0.026%	$335K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.240	+0.022%	$107K	$719K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	60.310	+0.138%	$17K	$3.9M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.210	−0.028%	$161	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.190	−0.061%	$1.9M	$5.0M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.250	+0.039%	$21.4M	$8.9M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.199	−0.046%	$668K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.210	−0.028%	$460K	—	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.200	−0.044%	$4.7M	$12.1M	50x	as long as short
Kraken Futures PF_LTCUSDshort	+0.0297%	1h	60.236	+0.016%	$6.7M	$6.2M	50x
Reya LTCRUSDPERP	+0.0336%	1h	60.225	−0.003%	$8K	—	25x	as long as short
dYdX LTC-USD	+0.0408%	1h	60.200	−0.044%	$423K	$8K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0848%	1h	60.300	+0.122%	$1.1M	$2.3M	50x	as long as short