Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0358%/8h= +39.2% APRpaid last 24h −0.017%

Price spread now: Orderly against GMX−0.041%7-day average −0.029% · you buy dearer than you sell

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

Long on GMX Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.205%−$21 on $10k

Price spread, last 4 days (all we have)−0.397%−$40 · spread now −0.041%, 7d avg −0.029%

Together, before fees−0.603%−$60 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.029%, so right now this pair is about funding alone: +$11 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair cost −0.205%, 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]	60.825	L −0.0258% / S +0.0379%	get 0.0032% / 1h	41m 50s	$111K	—	200x
Short	Orderly PERP_LTC_USDC	60.800	0.0100	get 0.0100% / 8h	5h 41m	$13K	$211K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now −0.041%Rate

Funding earned: $75.13
Price spread: −0.041% → −0.029%: −$1.28
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Orderly: 3 bp × 2 orders: −$6
Net: $55.86
Costs to cover: 0.180%
Break-even: 1.8 days

Slippage unknown: GMX: no order-book sample; Orderly: no order-book sample. 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 Orderly no order-book sample	—	—	—	—	—

GMX and Orderly: 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 −0.0258% / S +0.0379%	1h	60.825	long leg	$111K	—	200x
Polymarket Perps LTC-USD	−0.0062%	1h	60.771	−0.089%	$80K	$390K	10x	as long as short
Variational Omni LTC	−0.0003%	8h	60.684	−0.231%	$3.6M	$2.6M	—	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.846	+0.034%	$320K	$4.3M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	60.834	+0.015%	$689K	$1.1M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	60.835	+0.016%	$30K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.445%	$5K	$22K	12x	as long as short
Orderly PERP_LTC_USDCshort	+0.0100%	8h	60.800	−0.041%	$13K	$211K	20x
Paradex LTC-USD-PERP	+0.0100%	8h	60.847	+0.035%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	60.875	+0.082%	$266K	$327K	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	60.779	−0.076%	$37.0M	$24.7M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.768	−0.094%	$2.6M	$2.4M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.735	−0.148%	$531K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.730	−0.156%	$91.2M	$225.0M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.720	−0.173%	$77.3M	$58.5M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.730	−0.156%	$26.8M	$74.1M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.740	−0.140%	$12.7M	$21.2M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.740	−0.140%	$57.8M	$34.6M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.800	−0.041%	$18.3M	$12.7M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.720	−0.173%	$32.5M	$22.2M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	60.760	−0.107%	—	$38.1M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.788	−0.061%	$153K	$277K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.742	−0.137%	$41K	$375K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.661	−0.270%	$336K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.810	−0.025%	$102K	$716K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	60.920	+0.156%	$17K	$3.9M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.820	−0.008%	$163	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.800	−0.041%	$2.0M	$4.9M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.820	−0.008%	$21.6M	$8.7M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.714	−0.182%	$675K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.800	−0.041%	$464K	—	3x	as long as short
Lighter LTC	+0.0152%	1h	60.797	−0.046%	$1.3M	$1.2M	10x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.810	−0.025%	$4.8M	$12.2M	50x	as long as short
dYdX LTC-USD	+0.0239%	1h	60.728	−0.159%	$427K	$8K	10x	as long as short
Reya LTCRUSDPERP	+0.0336%	1h	60.820	−0.008%	$8K	—	25x	as long as short
Kraken Futures PF_LTCUSD	+0.0350%	1h	60.851	+0.043%	$6.7M	$6.1M	50x	as long as short
Coinbase International LTC-PERP-INTX	+0.0832%	1h	60.820	−0.008%	$1.1M	$2.3M	50x	as long as short