Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0124%/8h= +13.5% APRpaid last 24h −0.072%

Price spread now: Bybit against GMX−0.033%7-day average −0.047% · you buy dearer than you sell

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

Long on GMX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.244%−$24 on $10k

Price spread, last 3 days (all we have)−0.187%−$19 · spread now −0.033%, 7d avg −0.047%

Together, before fees−0.432%−$43 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.047%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair cost −0.244%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX LTC/USD [ETH-USDC]	62.121	L −0.0031% / S +0.0261%	get 0.0004% / 1h	8m 28s	$129K	—	200x
Short	Bybit LTCUSDT	62.100	0.0092	get 0.0092% / 8h	2h 08m	$78.7M	$59.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against GMX. 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 GMXbpFee BybitbpOrdersPrice spread, now −0.033%Rate

Funding earned: $25.97
Price spread: −0.033% → −0.047%: $1.36
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: $4.33
Costs to cover: 0.230%
Break-even: 5.8 days

Slippage unknown: GMX: no order-book sample; Bybit: live order book, 11 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 GMX no order-book sample	—	—	—	—	—
Sell Bybit live order book, 11 min ago	0.80 bp	10.5 bp −$11	16.8 bp −$168	49.4 bp −$4,942	doesn't fit

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
Polymarket Perps LTC-USD	−0.0316%	1h	62.085	−0.057%	$79K	$371K	10x	as long as short
Variational Omni LTC	−0.0080%	8h	62.174	+0.086%	$3.6M	$4.0M	—	as long as short
GMX LTC/USD [ETH-USDC]long	L −0.0031% / S +0.0261%	1h	62.121	long leg	$129K	—	200x
Gate LTC_USDT	−0.0022%	8h	62.110	−0.017%	$12.8M	$20.9M	75x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	62.221	+0.162%	$330K	$4.0M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	62.236	+0.186%	$696K	$1.0M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	62.133	+0.020%	$31K	—	150x	as long as short
Backpack LTC_USDC_PERP	+0.0025%	1h	62.154	+0.054%	$159K	$268K	10x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.458%	$5K	$22K	12x	as long as short
Bybit LTCUSDTshort	+0.0092%	8h	62.100	−0.033%	$78.7M	$59.7M	75x

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter LTC	+0.0096%	1h	62.209	+0.142%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	62.130	+0.015%	$12K	$212K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	62.128	+0.012%	$16K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	62.105	−0.025%	$254K	$330K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	62.183	+0.100%	$38.2M	$23.1M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	62.184	+0.101%	$2.6M	$2.2M	75x	as long as short
Pacifica LTC	+0.0100%	1h	62.137	+0.026%	$544K	$84K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	62.110	−0.017%	$96.1M	$221.5M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	62.090	−0.049%	$27.6M	$75.0M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	62.120	−0.001%	$60.8M	$35.6M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	62.120	−0.001%	$18.7M	$12.1M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	62.100	−0.033%	$32.2M	$21.8M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	62.100	−0.033%	—	$6.5M	—	as long as short
edgeX LTCUSDC	+0.0100%	4h	62.168	+0.077%	$42K	$346K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	62.206	+0.137%	$349K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	62.230	+0.176%	$104K	$711K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	62.290	+0.273%	$18K	$4.2M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	62.180	+0.096%	$640	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	62.200	+0.128%	$1.9M	$4.9M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	62.200	+0.128%	$22.3M	$9.1M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	62.101	−0.032%	$694K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	62.198	+0.124%	$475K	$499	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	62.190	+0.112%	$4.9M	$11.8M	50x	as long as short
Kraken Futures PF_LTCUSD	+0.0227%	1h	62.204	+0.135%	$6.8M	$5.8M	50x	as long as short
Reya LTCRUSDPERP	+0.0334%	1h	62.093	−0.044%	$8K	—	25x	as long as short
dYdX LTC-USD	+0.0568%	1h	62.154	+0.054%	$437K	$8K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0712%	1h	62.510	+0.627%	$1.2M	$2.1M	50x	as long as short