Funding arb · Price arb /

LTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0455%/8h= −49.8% APRpaid last 24h +0.005%

Price spread now: GMX against HTX−0.005%7-day average +0.037% · you buy dearer than you sell

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

Long on HTX Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.262%+$26 on $10k

Price spread, last 3 days (all we have)+0.119%+$12 · spread now −0.005%, 7d avg +0.037%

Together, before fees+0.381%+$38 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and GMX is 0.042% cheaper against HTX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.037%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.262%, 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	HTX LTC-USDT	61.990	0.0100	pay 0.0100% / 8h	7h 32m	$2.0M	$4.8M	75x
Short	GMX LTC/USD [ETH-USDC]	61.987	L −0.0185% / S +0.0355%	pay 0.0044% / 1h	32m 47s	$122K	—	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against HTX. 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 HTXbpFee GMXbpOrdersPrice spread, now −0.005%Rate

Funding earned: −$95.45
Price spread: −0.005% → +0.037%: −$4.21
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee GMX: 6 bp × 2 orders: −$12
Net: −$123.66
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: HTX: live order book, 1 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 HTX live order book, 1 min ago	3.22 bp	9.4 bp −$9	15.8 bp −$158	46.5 bp −$4,646	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps LTC-USD	−0.0281%	1h	61.964	−0.042%	$85K	$370K	10x	as long as short
GMX LTC/USD [ETH-USDC]short	L −0.0185% / S +0.0355%	1h	61.987	−0.005%	$122K	—	200x
Variational Omni LTC	−0.0047%	8h	62.035	+0.073%	$3.6M	$4.0M	—	as long as short
Kalshi KXLTCPERP	0.0000%	8h	62.058	+0.110%	$316K	$4.1M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	62.012	+0.035%	$711K	$1.1M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	61.999	+0.014%	$31K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.259%	$5K	$22K	12x	as long as short
Bybit LTCUSDT	+0.0096%	8h	61.990	0.000%	$78.7M	$59.1M	75x	as long as short
Lighter LTC	+0.0096%	1h	62.069	+0.127%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0100%	8h	61.990	0.000%	$12K	$213K	20x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex LTC-USD-PERP	+0.0100%	8h	62.047	+0.092%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	62.045	+0.089%	$266K	$320K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	62.075	+0.137%	$37.8M	$23.8M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	62.087	+0.157%	$2.7M	$2.3M	75x	as long as short
Pacifica LTC	+0.0100%	1h	62.061	+0.115%	$543K	$87K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.997	+0.011%	$95.5M	$222.1M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.990	0.000%	$27.7M	$75.1M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	62.000	+0.016%	$13.0M	$20.8M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	62.010	+0.032%	$61.7M	$34.2M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	62.020	+0.048%	$19.1M	$12.7M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	62.010	+0.032%	$32.2M	$21.9M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	61.990	0.000%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	61.980	−0.016%	$158K	$264K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	62.003	+0.021%	$42K	$357K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	62.016	+0.042%	$351K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	62.070	+0.129%	$118K	$706K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	62.090	+0.161%	$18K	$4.1M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.990	0.000%	$638	$5K	10x	as long as short
HTX LTC-USDTlong	+0.0100%	8h	61.990	long leg	$2.0M	$4.8M	75x
Phemex LTCUSDT	+0.0100%	8h	62.010	+0.032%	$22.2M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	61.998	+0.013%	$687K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.970	−0.032%	$473K	—	3x	as long as short
Kraken Futures PF_LTCUSD	+0.0211%	1h	62.026	+0.059%	$6.9M	$5.8M	50x	as long as short
BloFin LTC-USDT	+0.0220%	8h	61.970	−0.032%	$4.8M	$11.7M	50x	as long as short
Reya LTCRUSDPERP	+0.0335%	1h	62.001	+0.018%	$8K	—	25x	as long as short
dYdX LTC-USD	+0.0699%	1h	62.050	+0.097%	$436K	$8K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0840%	1h	62.220	+0.371%	$1.2M	$2.3M	50x	as long as short