Funding you earn now, next payment 04:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.020%
Price spread now: Phemex against Injective+3.797%65s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−2.036%−$204 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Phemex is 3.797% dearer against Injective than usual: you sell high and buy low: +$380 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −2.036%, so the current rate has only just turned in your favour. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
| 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 | 1m 23s | $5K | $22K | 12x |
| Short | Phemex LTCUSDT | 60.960 | 0.0100 | get 0.0100% / 8h | 4h 01m | $21.6M | $8.9M | 50x |
Injective LTC/USDC PERP
Phemex LTCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $14
- Price spread: +3.797% → 0.000%
- $379.7
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- $381.68
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Phemex: 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 Injective no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 3 min ago | 1.64 bp | 11.1 bp −$11 | 19.6 bp −$196 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX LTC/USD [ETH-USDC] | L −0.0337% / S +0.0436% | 1h | 60.964 | +3.805% | $111K | — | 200x | as long as short |
| Polymarket Perps LTC-USD | −0.0248% | 1h | 60.933 | +3.751% | $142K | $461K | 10x | as long as short |
| Kalshi KXLTCPERP | 0.0000% | 8h | 60.988 | +3.845% | $347K | $4.4M | 4x | as long as short |
| gTrade (Gains Network) LTC/USD | L +0.0002% / S −0.0003% | 1h | 60.974 | +3.820% | $30K | — | 150x | as long as short |
| Variational Omni LTC | +0.0026% | 8h | 60.624 | +3.226% | $3.6M | $2.6M | — | as long as short |
| Injective LTC/USDC PERPlong | +0.0033% | 1h | 58.730 | long leg | $5K | $22K | 12x | |
| Deribit LTC_USDC-PERPETUAL | +0.0095% | 1h | 60.978 | +3.828% | $691K | $1.1M | 50x | as long as short |
| Lighter LTC | +0.0096% | 1h | 61.010 | +3.882% | $940K | $1.6M | 10x | as long as short |
| Orderly PERP_LTC_USDC | +0.0100% | 8h | 60.950 | +3.780% | $13K | $151K | 20x | as long as short |
| Paradex LTC-USD-PERP | +0.0100% | 8h | 61.002 | +3.869% | $14K | $10K | 20x | as long as short |
GMX LTC/USD [ETH-USDC]
Polymarket Perps LTC-USD
Kalshi KXLTCPERP
gTrade (Gains Network) LTC/USD
Variational Omni LTC
Deribit LTC_USDC-PERPETUAL
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 | 60.990 | +3.848% | $268K | $333K | 10x | as long as short |
| Hyperliquid LTC | +0.0100% | 1h | 61.048 | +3.947% | $37.3M | $25.5M | 10x | as long as short |
| Aster LTCUSDT | +0.0100% | 8h | 61.008 | +3.879% | $2.6M | $2.6M | 75x | as long as short |
| Pacifica LTC | +0.0100% | 1h | 61.012 | +3.886% | $533K | $83K | 10x | as long as short |
| Binance LTCUSDT | +0.0100% | 8h | 61.011 | +3.884% | $90.5M | $230.2M | 75x | as long as short |
| Bybit LTCUSDT | +0.0100% | 8h | 60.990 | +3.848% | $77.9M | $61.5M | 75x | as long as short |
| OKX LTC-USDT-SWAP | +0.0100% | 8h | 60.990 | +3.848% | $27.0M | $75.9M | 50x | as long as short |
| Gate LTC_USDT | +0.0100% | 8h | 61.000 | +3.865% | $12.6M | $22.0M | 75x | as long as short |
| MEXC LTC_USDT | +0.0100% | 8h | 61.000 | +3.865% | $57.9M | $35.6M | 200x | as long as short |
| KuCoin LTCUSDTM | +0.0100% | 8h | 60.990 | +3.848% | $18.2M | $13.0M | 75x | as long as short |
| Bitget LTCUSDT | +0.0100% | 8h | 61.000 | +3.865% | $32.2M | $22.5M | 75x | as long as short |
| BingX LTC-USDT | +0.0100% | 8h | 60.970 | +3.814% | — | $38.4M | — | as long as short |
| Backpack LTC_USDC_PERP | +0.0100% | 1h | 60.938 | +3.760% | $153K | $276K | 10x | as long as short |
| edgeX LTCUSDC | +0.0100% | 4h | 60.859 | +3.625% | $41K | $375K | 20x | as long as short |
| GRVT LTC_USDT_Perp | +0.0100% | 8h | 60.888 | +3.674% | $339K | $2.0M | 10x | as long as short |
| ApeX Omni LTCUSDT | +0.0100% | 1h | 60.920 | +3.729% | $107K | $716K | 50x | as long as short |
| SunX LTC-USDT | +0.0100% | 8h | 60.980 | +3.831% | $17K | $3.9M | 30x | as long as short |
| SoDEX LTC-USD | +0.0100% | 1h | 60.940 | +3.763% | $163 | $5K | 10x | as long as short |
| HTX LTC-USDT | +0.0100% | 8h | 60.860 | +3.627% | $2.0M | $5.0M | 75x | as long as short |
| Phemex LTCUSDTshort | +0.0100% | 8h | 60.960 | +3.797% | $21.6M | $8.9M | 50x | |
| Extended LTC-USD | +0.0104% | 1h | 60.990 | +3.848% | $675K | $1.1M | 25x | as long as short |
| Aevo LTC-PERP | +0.0104% | 1h | 60.932 | +3.750% | $465K | — | 3x | as long as short |
| BloFin LTC-USDT | +0.0220% | 8h | 60.900 | +3.695% | $4.7M | $12.3M | 50x | as long as short |
| Kraken Futures PF_LTCUSD | +0.0294% | 1h | 60.970 | +3.813% | $6.7M | $6.3M | 50x | as long as short |
| dYdX LTC-USD | +0.0297% | 1h | 61.008 | +3.879% | $429K | $8K | 10x | as long as short |
| Reya LTCRUSDPERP | +0.0337% | 1h | 60.976 | +3.824% | $8K | — | 25x | as long as short |
| Coinbase International LTC-PERP-INTX | +0.0848% | 1h | 61.030 | +3.916% | $1.1M | $2.3M | 50x | as long as short |
Nado LTC-PERP
Hyperliquid LTC
Aster LTCUSDT
Pacifica LTC
Binance LTCUSDT
Bybit LTCUSDT
OKX LTC-USDT-SWAP
Gate LTC_USDT
MEXC LTC_USDT
KuCoin LTCUSDTM
Bitget LTCUSDT
BingX LTC-USDT
Backpack LTC_USDC_PERP
edgeX LTCUSDC
GRVT LTC_USDT_Perp
ApeX Omni LTCUSDT
SunX LTC-USDT
SoDEX LTC-USD
HTX LTC-USDT
Extended LTC-USD
Aevo LTC-PERP
BloFin LTC-USDT
Kraken Futures PF_LTCUSD
dYdX LTC-USD
Reya LTCRUSDPERP
Coinbase International LTC-PERP-INTX