Settings8H · net · $10k
Funding arb · Price arb /

LTC

all LTC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0716%/8h= −78.4% APRnext payment $0.90 per $10,000 · paid last 24h −0.030%
Price spread now: GMX against Kraken Futures−0.073%7-day average −0.008% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.247%+$25 on $10k
Price spread, last 4 days (all we have)+0.272%+$27 · spread now −0.073%, 7d avg −0.008%
Together, before fees+0.519%+$52 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and GMX is 0.065% cheaper against Kraken Futures than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.008%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.247%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_LTCUSD60.2530.0297pay 0.0037% / 1h46m 15s$6.7M$6.2M50x
ShortGMX LTC/USD [ETH-USDC]60.209L −0.0306% / S +0.0419%pay 0.0052% / 1h46m 15s$109K200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Kraken Futures. 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

Funding earned
−$150.43
Price spread: −0.073% → −0.008%
−$6.47
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
−$178.9
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Kraken Futures: live order book, 3 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
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures live order book, 3 min ago0.83 bp10.1 bp −$1019.0 bp −$19076.4 bp −$7,636doesn'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 37 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX LTC/USD [ETH-USDC]shortL −0.0306% / S +0.0419%1h60.209−0.073%$109K200x
Polymarket Perps LTC-USD−0.0230%1h60.163−0.150%$79K$397K10xas long as short
Kalshi KXLTCPERP0.0000%8h60.193−0.100%$334K$4.4M4xas long as short
Deribit LTC_USDC-PERPETUAL0.0000%1h60.249−0.007%$682K$1.1M50xas long as short
gTrade (Gains Network) LTC/USDL +0.0002% / S −0.0003%1h60.215−0.064%$30K150xas long as short
Variational Omni LTC+0.0018%8h60.244−0.015%$3.5M$2.6Mas long as short
Injective LTC/USDC PERP+0.0033%1h58.730−2.528%$5K$22K12xas long as short
Lighter LTC+0.0096%1h60.223−0.050%$951K$1.6M10xas long as short
Orderly PERP_LTC_USDC+0.0099%8h60.210−0.072%$13K$185K20xas long as short
Paradex LTC-USD-PERP+0.0100%8h60.209−0.074%$14K$10K20xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado LTC-PERP+0.0100%1h60.225−0.047%$265K$333K10xas long as short
Hyperliquid LTC+0.0100%1h60.263+0.016%$36.6M$24.8M10xas long as short
Aster LTCUSDT+0.0100%8h60.234−0.033%$2.6M$2.5M75xas long as short
Pacifica LTC+0.0100%1h60.236−0.029%$527K$83K10xas long as short
Binance LTCUSDT+0.0100%8h60.209−0.074%$89.5M$229.0M75xas long as short
Bybit LTCUSDT+0.0100%8h60.210−0.072%$76.1M$59.9M75xas long as short
OKX LTC-USDT-SWAP+0.0100%8h60.220−0.055%$26.6M$74.4M50xas long as short
Gate LTC_USDT+0.0100%8h60.210−0.072%$12.4M$21.6M75xas long as short
MEXC LTC_USDT+0.0100%8h60.220−0.055%$56.0M$35.2M200xas long as short
KuCoin LTCUSDTM+0.0100%8h60.210−0.072%$18.1M$12.9M75xas long as short
Bitget LTCUSDT+0.0100%8h60.220−0.055%$32.0M$22.4M75xas long as short
BingX LTC-USDC+0.0100%8h60.210−0.072%$6.5Mas long as short
Backpack LTC_USDC_PERP+0.0100%1h60.179−0.123%$152K$279K10xas long as short
edgeX LTCUSDC+0.0100%4h60.226−0.046%$41K$375K20xas long as short
GRVT LTC_USDT_Perp+0.0100%8h60.242−0.018%$335K$1.9M10xas long as short
ApeX Omni LTCUSDT+0.0100%1h60.290+0.061%$107K$719K50xas long as short
SunX LTC-USDT+0.0100%8h60.290+0.061%$17K$3.9M30xas long as short
SoDEX LTC-USD+0.0100%1h60.240−0.022%$161$5K10xas long as short
HTX LTC-USDT+0.0100%8h60.180−0.122%$1.9M$5.0M75xas long as short
Phemex LTCUSDT+0.0100%8h60.220−0.055%$21.4M$8.9M50xas long as short
Extended LTC-USD+0.0104%1h60.214−0.065%$668K$1.1M25xas long as short
Aevo LTC-PERP+0.0104%1h60.205−0.080%$460K3xas long as short
BloFin LTC-USDT+0.0220%8h60.210−0.072%$4.7M$12.1M50xas long as short
Kraken Futures PF_LTCUSDlong+0.0297%1h60.253long leg$6.7M$6.2M50x
Reya LTCRUSDPERP+0.0336%1h60.195−0.096%$8K25xas long as short
dYdX LTC-USD+0.0382%1h60.239−0.024%$423K$8K10xas long as short
Coinbase International LTC-PERP-INTX+0.0848%1h60.300+0.077%$1.1M$2.3M50xas long as short