Funding you earn now, next payment 02:00 UTC−0.0456%/8h= −50.0% APRnext payment −$0.57 per $10,000 · paid last 24h −0.059%
Price spread now: GMX against Hyperliquid+0.043%7-day average −0.081% · 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)+0.116%+$12 on $10k
+Price spread, last 3 days (all we have)−0.109%−$11 · spread now +0.043%, 7d avg −0.081%
=Together, before fees+0.006%+ Points / potential airdropHyperliquid: Season 2 · farm board+$1 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GMX is 0.124% dearer against Hyperliquid than usual: you sell high and buy low (spread +0.043% now, against its 7-day average of −0.081%): +$12 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 22 hours. Mind the row above: over the last 3 days funding on this pair paid +0.116%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.116% in total (about 13.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.57 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 | Hyperliquid LTC | 61.403 | 0.0100 | pay 0.0013% / 1h | 33m 40s | $37.3M | $23.9M | 10x |
| Short | GMX LTC/USD [ETH-USDC] | 61.429 | L −0.0216% / S +0.0356% | pay 0.0045% / 1h | 33m 40s | $112K | — | 200x |
Hyperliquid LTC
GMX LTC/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Hyperliquid. 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
- −$95.8
- Price spread: +0.043% → −0.081%
- $12.43
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$104.36
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 10 min ago; GMX: 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 Hyperliquid live order book, 10 min ago | 1.96 bp | 6.5 bp −$6 | 9.6 bp −$96 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
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 36 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 | −0.0273% | 1h | 61.368 | −0.057% | $79K | $382K | 10x | as long as short |
| GMX LTC/USD [ETH-USDC]short | L −0.0216% / S +0.0356% | 1h | 61.429 | +0.043% | $112K | — | 200x | |
| Variational Omni LTC | −0.0035% | 8h | 61.335 | −0.110% | $3.6M | $2.6M | — | as long as short |
| Kalshi KXLTCPERP | 0.0000% | 8h | 61.453 | +0.081% | $289K | $4.2M | 4x | as long as short |
| gTrade (Gains Network) LTC/USD | L +0.0002% / S −0.0005% | 1h | 61.435 | +0.051% | $20K | — | 150x | as long as short |
| Injective LTC/USDC PERP | +0.0033% | 1h | 58.730 | −4.353% | $5K | $22K | 12x | as long as short |
| Kraken Futures PF_LTCUSD | +0.0049% | 1h | 61.457 | +0.088% | $6.8M | $5.8M | 50x | as long as short |
| Deribit LTC_USDC-PERPETUAL | +0.0092% | 1h | 61.456 | +0.086% | $701K | $1.1M | 50x | as long as short |
| Lighter LTC | +0.0096% | 1h | 61.429 | +0.042% | $1.3M | $1.2M | 10x | as long as short |
| Orderly PERP_LTC_USDC | +0.0100% | 8h | 61.420 | +0.028% | $13K | $216K | 20x | as long as short |
Polymarket Perps LTC-USD
Variational Omni LTC
Kalshi KXLTCPERP
gTrade (Gains Network) LTC/USD
Injective LTC/USDC PERP
Kraken Futures PF_LTCUSD
Deribit LTC_USDC-PERPETUAL
Lighter LTC
Orderly PERP_LTC_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex LTC-USD-PERP | +0.0100% | 8h | 61.333 | −0.114% | $14K | $10K | 20x | as long as short |
| Nado LTC-PERP | +0.0100% | 1h | 61.410 | +0.011% | $273K | $317K | 10x | as long as short |
| Hyperliquid LTClong | +0.0100% | 1h | 61.403 | long leg | $37.3M | $23.9M | 10x | |
| Aster LTCUSDT | +0.0100% | 8h | 61.494 | +0.148% | $2.6M | $2.3M | 75x | as long as short |
| Pacifica LTC | +0.0100% | 1h | 61.346 | −0.094% | $536K | $85K | 10x | as long as short |
| Binance LTCUSDT | +0.0100% | 8h | 61.330 | −0.119% | $93.4M | $221.1M | 75x | as long as short |
| Bybit LTCUSDT | +0.0100% | 8h | 61.330 | −0.119% | $78.1M | $57.9M | 75x | as long as short |
| OKX LTC-USDT-SWAP | +0.0100% | 8h | 61.310 | −0.151% | $27.2M | $74.5M | 50x | as long as short |
| Gate LTC_USDT | +0.0100% | 8h | 61.360 | −0.070% | $12.9M | $20.7M | 75x | as long as short |
| MEXC LTC_USDT | +0.0100% | 8h | 61.340 | −0.103% | $60.0M | $34.4M | 200x | as long as short |
| KuCoin LTCUSDTM | +0.0100% | 8h | 61.370 | −0.054% | $18.5M | $13.0M | 75x | as long as short |
| Bitget LTCUSDT | +0.0100% | 8h | 61.300 | −0.168% | $31.4M | $21.2M | 75x | as long as short |
| BingX LTC-USDC | +0.0100% | 8h | 61.340 | −0.103% | — | $6.5M | — | as long as short |
| Backpack LTC_USDC_PERP | +0.0100% | 1h | 61.447 | +0.072% | $156K | $275K | 10x | as long as short |
| edgeX LTCUSDC | +0.0100% | 4h | 61.349 | −0.088% | $41K | $374K | 20x | as long as short |
| GRVT LTC_USDT_Perp | +0.0100% | 8h | 61.160 | −0.396% | $341K | $2.0M | 10x | as long as short |
| ApeX Omni LTCUSDT | +0.0100% | 1h | 61.240 | −0.265% | $103K | $715K | 50x | as long as short |
| SunX LTC-USDT | +0.0100% | 8h | 61.530 | +0.207% | $18K | $4.0M | 30x | as long as short |
| SoDEX LTC-USD | +0.0100% | 1h | 61.430 | +0.044% | $165 | $5K | 10x | as long as short |
| HTX LTC-USDT | +0.0100% | 8h | 61.410 | +0.011% | $1.9M | $4.8M | 75x | as long as short |
| Phemex LTCUSDT | +0.0100% | 8h | 61.450 | +0.077% | $21.9M | $9.0M | 50x | as long as short |
| Extended LTC-USD | +0.0104% | 1h | 61.284 | −0.194% | $679K | $1.1M | 25x | as long as short |
| Aevo LTC-PERP | +0.0104% | 1h | 61.415 | +0.020% | $469K | — | 3x | as long as short |
| dYdX LTC-USD | +0.0257% | 1h | 61.358 | −0.074% | $431K | $8K | 10x | as long as short |
| Reya LTCRUSDPERP | +0.0336% | 1h | 61.411 | +0.013% | $8K | — | 25x | as long as short |
| Coinbase International LTC-PERP-INTX | +0.0808% | 1h | 61.490 | +0.142% | $1.2M | $2.2M | 50x | as long as short |
Paradex LTC-USD-PERP
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
Reya LTCRUSDPERP
Coinbase International LTC-PERP-INTX