Funding you earn now, next payment 23:00 UTC−0.0123%/8h= −13.5% APRnext payment −$0.15 per $10,000 · paid last 24h +0.016%
Price spread now: Backpack against Injective+5.539%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−2.130%−$213 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Backpack is 5.539% dearer against Injective than usual: you sell high and buy low (spread +5.539% now, against zero (this spread has no 7-day history yet)): +$554 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 5 months. At the pace of the last 7 days (−2.130% in total) that is about 18 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective LTC/USDC PERP | 58.730 | 0.0033 | pay 0.0004% / 1h | 56m 42s | $5K | $22K | 12x |
| Short | Backpack LTC_USDC_PERP | 61.983 | −0.0090 | pay 0.0011% / 1h | 56m 42s | $159K | $266K | 10x |
Injective LTC/USDC PERP
Backpack LTC_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against Injective. 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
- −$25.81
- Price spread: +5.539% → 0.000%
- $553.89
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- $518.06
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Backpack: live order book, 27 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 Injective no order-book sample | — | — | — | — | — |
| Sell Backpack live order book, 27 min ago | 0.08 bp | 5.9 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps LTC-USD | −0.0250% | 1h | 61.928 | +5.445% | $79K | $371K | 10x | as long as short |
| Backpack LTC_USDC_PERPshort | −0.0090% | 1h | 61.983 | +5.539% | $159K | $266K | 10x | |
| Variational Omni LTC | −0.0077% | 8h | 62.013 | +5.590% | $3.6M | $4.0M | — | as long as short |
| GMX LTC/USD [ETH-USDC] | L −0.0034% / S +0.0263% | 1h | 61.986 | +5.544% | $128K | — | 200x | as long as short |
| Gate LTC_USDT | −0.0017% | 8h | 62.050 | +5.653% | $12.8M | $20.7M | 75x | as long as short |
| Kalshi KXLTCPERP | 0.0000% | 8h | 61.999 | +5.566% | $330K | $4.0M | 4x | as long as short |
| Deribit LTC_USDC-PERPETUAL | 0.0000% | 1h | 62.032 | +5.622% | $694K | $1.0M | 50x | as long as short |
| gTrade (Gains Network) LTC/USD | L +0.0002% / S −0.0003% | 1h | 61.991 | +5.552% | $31K | — | 150x | as long as short |
| Injective LTC/USDC PERPlong | +0.0033% | 1h | 58.730 | long leg | $5K | $22K | 12x | |
| Kraken Futures PF_LTCUSD | +0.0087% | 1h | 62.046 | +5.645% | $6.8M | $5.7M | 50x | as long as short |
Polymarket Perps LTC-USD
Variational Omni LTC
GMX LTC/USD [ETH-USDC]
Gate LTC_USDT
Kalshi KXLTCPERP
Deribit LTC_USDC-PERPETUAL
gTrade (Gains Network) LTC/USD
Kraken Futures PF_LTCUSDShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter LTC | +0.0096% | 1h | 62.162 | +5.844% | $1.3M | $1.2M | 10x | as long as short |
| Orderly PERP_LTC_USDC | +0.0099% | 8h | 62.030 | +5.619% | $12K | $212K | 20x | as long as short |
| Paradex LTC-USD-PERP | +0.0100% | 8h | 62.002 | +5.571% | $16K | $10K | 20x | as long as short |
| Nado LTC-PERP | +0.0100% | 1h | 61.945 | +5.474% | $254K | $329K | 10x | as long as short |
| Hyperliquid LTC | +0.0100% | 1h | 62.144 | +5.813% | $38.2M | $23.2M | 10x | as long as short |
| Aster LTCUSDT | +0.0100% | 8h | 62.067 | +5.682% | $2.6M | $2.2M | 75x | as long as short |
| Pacifica LTC | +0.0100% | 1h | 62.055 | +5.661% | $543K | $84K | 10x | as long as short |
| Binance LTCUSDT | +0.0100% | 8h | 62.044 | +5.644% | $96.1M | $221.9M | 75x | as long as short |
| Bybit LTCUSDT | +0.0100% | 8h | 62.000 | +5.568% | $78.6M | $59.6M | 75x | as long as short |
| OKX LTC-USDT-SWAP | +0.0100% | 8h | 61.990 | +5.551% | $27.5M | $74.8M | 50x | as long as short |
| MEXC LTC_USDT | +0.0100% | 8h | 62.010 | +5.585% | $60.4M | $34.2M | 200x | as long as short |
| KuCoin LTCUSDTM | +0.0100% | 8h | 62.040 | +5.636% | $18.7M | $12.1M | 75x | as long as short |
| Bitget LTCUSDT | +0.0100% | 8h | 62.060 | +5.670% | $32.2M | $21.7M | 75x | as long as short |
| BingX LTC-USDT | +0.0100% | 8h | 62.070 | +5.687% | — | $37.5M | — | as long as short |
| edgeX LTCUSDC | +0.0100% | 4h | 61.981 | +5.536% | $42K | $345K | 20x | as long as short |
| GRVT LTC_USDT_Perp | +0.0100% | 8h | 62.045 | +5.644% | $348K | $1.9M | 10x | as long as short |
| ApeX Omni LTCUSDT | +0.0100% | 1h | 62.070 | +5.687% | $104K | $712K | 50x | as long as short |
| SunX LTC-USDT | +0.0100% | 8h | 62.040 | +5.636% | $17K | $4.2M | 30x | as long as short |
| SoDEX LTC-USD | +0.0100% | 1h | 61.990 | +5.551% | $638 | $5K | 10x | as long as short |
| HTX LTC-USDT | +0.0100% | 8h | 62.010 | +5.585% | $1.9M | $4.8M | 75x | as long as short |
| Phemex LTCUSDT | +0.0100% | 8h | 62.010 | +5.585% | $22.2M | $9.1M | 50x | as long as short |
| Extended LTC-USD | +0.0104% | 1h | 62.026 | +5.612% | $694K | $1.1M | 25x | as long as short |
| Aevo LTC-PERP | +0.0104% | 1h | 61.991 | +5.553% | $473K | $499 | 3x | as long as short |
| BloFin LTC-USDT | +0.0220% | 8h | 62.010 | +5.585% | $4.9M | $11.7M | 50x | as long as short |
| Reya LTCRUSDPERP | +0.0334% | 1h | 61.961 | +5.502% | $8K | — | 25x | as long as short |
| Coinbase International LTC-PERP-INTX | +0.0760% | 1h | 62.060 | +5.670% | $1.2M | $2.1M | 50x | as long as short |
| dYdX LTC-USD | +0.0795% | 1h | 62.034 | +5.626% | $436K | $8K | 10x | as long as short |
Lighter LTC
Orderly PERP_LTC_USDC
Paradex LTC-USD-PERP
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-USDT
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
BloFin LTC-USDT
Reya LTCRUSDPERP
Coinbase International LTC-PERP-INTX
dYdX LTC-USD