Funding arb · Price arb /

LTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0378%/8h= −41.4% APRpaid last 24h +0.023%

Price spread now: GMX against Binance+0.019%7-day average 0.000% · you sell dearer than you buy

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

Long on Binance Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.280%+$28 on $10k

Price spread, last 3 days (all we have)+0.103%+$10 · spread now +0.019%, 7d avg 0.000%

Together, before fees+0.383%+$38 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of 0.000%, 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 paid +0.280%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance LTCUSDT	61.532	0.0100	pay 0.0100% / 8h	1h 14m	$95.3M	$222.5M	75x
Short	GMX LTC/USD [ETH-USDC]	61.544	L −0.0074% / S +0.0278%	pay 0.0035% / 1h	14m 02s	$112K	—	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Binance. 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 BinancebpFee GMXbpOrdersPrice spread, now +0.019%Rate

Funding earned: −$79.37
Price spread: +0.019% → 0.000%: $1.9
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: −$99.46
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 14 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 Binance live order book, 14 min ago	0.81 bp	7.7 bp −$8	12.6 bp −$126	33.7 bp −$3,367	146.1 bp −$73.1K
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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX LTC/USD [ETH-USDC]short	L −0.0074% / S +0.0278%	1h	61.544	+0.019%	$112K	—	200x
Variational Omni LTC	−0.0062%	8h	61.507	−0.040%	$3.6M	$4.0M	—	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.590	+0.094%	$339K	$4.1M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	61.558	+0.043%	$30K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−4.554%	$5K	$22K	12x	as long as short
Gate LTC_USDT	+0.0046%	8h	61.550	+0.029%	$12.8M	$21.2M	75x	as long as short
Polymarket Perps LTC-USD	+0.0075%	1h	61.524	−0.013%	$85K	$378K	10x	as long as short
Kraken Futures PF_LTCUSD	+0.0087%	1h	61.583	+0.083%	$6.8M	$5.8M	50x	as long as short
Orderly PERP_LTC_USDC	+0.0100%	8h	61.550	+0.029%	$12K	$213K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	61.561	+0.047%	$14K	$10K	20x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado LTC-PERP	+0.0100%	1h	61.565	+0.054%	$253K	$321K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	61.591	+0.095%	$37.4M	$23.8M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	61.612	+0.130%	$2.6M	$2.2M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.596	+0.103%	$539K	$84K	10x	as long as short
Binance LTCUSDTlong	+0.0100%	8h	61.532	long leg	$95.3M	$222.5M	75x
Bybit LTCUSDT	+0.0100%	8h	61.520	−0.020%	$78.0M	$59.7M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.530	−0.003%	$27.4M	$74.6M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.550	+0.029%	$61.7M	$34.8M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.570	+0.062%	$19.0M	$12.6M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.540	+0.013%	$31.9M	$22.0M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	61.550	+0.029%	—	$37.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	61.527	−0.008%	$158K	$266K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	61.529	−0.006%	$42K	$357K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.530	−0.003%	$351K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.550	+0.029%	$103K	$708K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.660	+0.208%	$17K	$4.2M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.550	+0.029%	$634	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	61.540	+0.013%	$1.9M	$4.8M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.590	+0.094%	$22.0M	$9.1M	50x	as long as short
Lighter LTC	+0.0104%	1h	61.626	+0.153%	$1.3M	$1.2M	10x	as long as short
Extended LTC-USD	+0.0104%	1h	61.512	−0.032%	$685K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.551	+0.030%	$470K	$499	3x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0140%	1h	61.580	+0.078%	$694K	$1.1M	50x	as long as short
BloFin LTC-USDT	+0.0220%	8h	61.560	+0.045%	$4.8M	$11.7M	50x	as long as short
Reya LTCRUSDPERP	+0.0334%	1h	61.537	+0.008%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0760%	1h	61.780	+0.403%	$1.2M	$2.2M	50x	as long as short
dYdX LTC-USD	+0.0963%	1h	61.581	+0.079%	$433K	$8K	10x	as long as short