Funding you earn now, next payment 04:00 UTC+0.0376%/8h= +41.1% APRnext payment +$0.47 per $10,000 · paid last 24h 0.000%
Price spread now: Deribit against GMX+0.130%54s7-day average +0.027% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.234%−$23 on $10k
+Price spread, last 4 days (all we have)−0.294%−$29 · spread now +0.130%, 7d avg +0.027%
=Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Deribit is 0.103% dearer against GMX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.027%. Mind the row above: over the last 3 days funding on this pair cost −0.234%, so the current rate has only just turned in your favour. The two prices were read 54 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 | GMX LTC/USD [ETH-USDC] | 60.550 | L −0.0329% / S +0.0432% | get 0.0041% / 1h | 18m 26s | $110K | — | 200x |
| Short | Deribit LTC_USDC-PERPETUAL | 60.629 | 0.0047 | get 0.0006% / 1h | 18m 26s | $687K | $1.1M | 50x |
GMX LTC/USD [ETH-USDC]
Deribit LTC_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against GMX. 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
- $78.87
- Price spread: +0.130% → +0.027%
- $10.29
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $70.16
- Costs to cover
- 0.190%
- Break-even
- 0.8 days
Slippage unknown: GMX: no order-book sample; Deribit: live order book, just now. 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 Deribit live order book, just now | 3.30 bp | 7.8 bp −$8 | 12.8 bp −$128 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX LTC/USD [ETH-USDC]long | L −0.0329% / S +0.0432% | 1h | 60.550 | long leg | $110K | — | 200x | |
| Polymarket Perps LTC-USD | −0.0223% | 1h | 60.488 | −0.103% | $79K | $397K | 10x | as long as short |
| Kalshi KXLTCPERP | 0.0000% | 8h | 60.587 | +0.061% | $344K | $4.4M | 4x | as long as short |
| gTrade (Gains Network) LTC/USD | L +0.0002% / S −0.0003% | 1h | 60.566 | +0.026% | $30K | — | 150x | as long as short |
| Variational Omni LTC | +0.0025% | 8h | 60.554 | +0.006% | $3.6M | $2.6M | — | as long as short |
| Injective LTC/USDC PERP | +0.0033% | 1h | 58.730 | −3.006% | $5K | $22K | 12x | as long as short |
| Deribit LTC_USDC-PERPETUALshort | +0.0047% | 1h | 60.629 | +0.130% | $687K | $1.1M | 50x | |
| Lighter LTC | +0.0096% | 1h | 60.544 | −0.010% | $939K | $1.6M | 10x | as long as short |
| Orderly PERP_LTC_USDC | +0.0099% | 8h | 60.540 | −0.017% | $13K | $170K | 20x | as long as short |
| Paradex LTC-USD-PERP | +0.0100% | 8h | 60.541 | −0.016% | $14K | $10K | 20x | as long as short |
Polymarket Perps LTC-USD
Kalshi KXLTCPERP
gTrade (Gains Network) LTC/USD
Variational Omni LTC
Injective LTC/USDC PERP
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 | 60.525 | −0.042% | $266K | $333K | 10x | as long as short |
| Hyperliquid LTC | +0.0100% | 1h | 60.609 | +0.097% | $37.1M | $25.5M | 10x | as long as short |
| Aster LTCUSDT | +0.0100% | 8h | 60.578 | +0.045% | $2.5M | $2.6M | 75x | as long as short |
| Pacifica LTC | +0.0100% | 1h | 60.542 | −0.014% | $529K | $83K | 10x | as long as short |
| Binance LTCUSDT | +0.0100% | 8h | 60.550 | −0.001% | $89.8M | $229.7M | 75x | as long as short |
| Bybit LTCUSDT | +0.0100% | 8h | 60.540 | −0.017% | $76.3M | $60.6M | 75x | as long as short |
| OKX LTC-USDT-SWAP | +0.0100% | 8h | 60.550 | −0.001% | $26.7M | $75.2M | 50x | as long as short |
| Gate LTC_USDT | +0.0100% | 8h | 60.550 | −0.001% | $12.5M | $21.9M | 75x | as long as short |
| MEXC LTC_USDT | +0.0100% | 8h | 60.550 | −0.001% | $57.3M | $35.5M | 200x | as long as short |
| KuCoin LTCUSDTM | +0.0100% | 8h | 60.550 | −0.001% | $18.1M | $13.0M | 75x | as long as short |
| Bitget LTCUSDT | +0.0100% | 8h | 60.570 | +0.033% | $32.2M | $22.4M | 75x | as long as short |
| BingX LTC-USDT | +0.0100% | 8h | 60.550 | −0.001% | — | $38.3M | — | as long as short |
| Backpack LTC_USDC_PERP | +0.0100% | 1h | 60.576 | +0.042% | $153K | $276K | 10x | as long as short |
| edgeX LTCUSDC | +0.0100% | 4h | 60.599 | +0.080% | $41K | $374K | 20x | as long as short |
| GRVT LTC_USDT_Perp | +0.0100% | 8h | 60.624 | +0.122% | $338K | $2.0M | 10x | as long as short |
| ApeX Omni LTCUSDT | +0.0100% | 1h | 60.580 | +0.049% | $107K | $716K | 50x | as long as short |
| SunX LTC-USDT | +0.0100% | 8h | 60.680 | +0.214% | $17K | $3.9M | 30x | as long as short |
| SoDEX LTC-USD | +0.0100% | 1h | 60.600 | +0.082% | $162 | $5K | 10x | as long as short |
| HTX LTC-USDT | +0.0100% | 8h | 60.550 | −0.001% | $1.9M | $5.0M | 75x | as long as short |
| Phemex LTCUSDT | +0.0100% | 8h | 60.610 | +0.099% | $21.5M | $8.9M | 50x | as long as short |
| Extended LTC-USD | +0.0104% | 1h | 60.529 | −0.035% | $671K | $1.1M | 25x | as long as short |
| Aevo LTC-PERP | +0.0104% | 1h | 60.590 | +0.066% | $463K | — | 3x | as long as short |
| BloFin LTC-USDT | +0.0220% | 8h | 60.590 | +0.066% | $4.7M | $12.2M | 50x | as long as short |
| Kraken Futures PF_LTCUSD | +0.0295% | 1h | 60.620 | +0.115% | $6.7M | $6.3M | 50x | as long as short |
| dYdX LTC-USD | +0.0332% | 1h | 60.548 | −0.004% | $426K | $8K | 10x | as long as short |
| Reya LTCRUSDPERP | +0.0336% | 1h | 60.535 | −0.026% | $8K | — | 25x | as long as short |
| Coinbase International LTC-PERP-INTX | +0.0848% | 1h | 60.710 | +0.264% | $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
Phemex LTCUSDT
Extended LTC-USD
Aevo LTC-PERP
BloFin LTC-USDT
Kraken Futures PF_LTCUSD
dYdX LTC-USD
Reya LTCRUSDPERP
Coinbase International LTC-PERP-INTX