Funding you earn now, next payment 04:00 UTC−0.0212%/8h= −23.2% APRnext payment −$0.26 per $10,000 · paid last 24h +0.073%
Price spread now: GMX against Polymarket Perps+0.089%7-day average +0.065% · 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)+0.420%+$42 on $10k
+Price spread, last 4 days (all we have)+0.170%+$17 · spread now +0.089%, 7d avg +0.065%
=The price spread pays, funding is against you. GMX is 0.025% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.089% now, against its 7-day average of +0.065%): +$2 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 9 hours. Mind the row above: over the last 3 days funding on this pair paid +0.420%, 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 | Polymarket Perps LTC-USD | 60.546 | −0.0219 | get 0.0027% / 1h | 18m 46s | $79K | $397K | 10x |
| Short | GMX LTC/USD [ETH-USDC] | 60.600 | L −0.0328% / S +0.0431% | pay 0.0054% / 1h | 18m 46s | $110K | — | 200x |
Polymarket Perps LTC-USD
GMX LTC/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Polymarket Perps. 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
- −$44.48
- Price spread: +0.089% → +0.065%
- $2.47
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$62.01
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Polymarket Perps: live order book, 39 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 Polymarket Perps live order book, 39 min ago | 3.56 bp | 10.6 bp −$11 | 10.7 bp −$107 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX LTC/USD [ETH-USDC]short | L −0.0328% / S +0.0431% | 1h | 60.600 | +0.089% | $110K | — | 200x | |
| Polymarket Perps LTC-USDlong | −0.0219% | 1h | 60.546 | long leg | $79K | $397K | 10x | |
| Kalshi KXLTCPERP | 0.0000% | 8h | 60.587 | +0.068% | $344K | $4.4M | 4x | as long as short |
| gTrade (Gains Network) LTC/USD | L +0.0002% / S −0.0003% | 1h | 60.605 | +0.097% | $30K | — | 150x | as long as short |
| Variational Omni LTC | +0.0025% | 8h | 60.554 | +0.013% | $3.6M | $2.6M | — | as long as short |
| Injective LTC/USDC PERP | +0.0033% | 1h | 58.730 | −2.999% | $5K | $22K | 12x | as long as short |
| Deribit LTC_USDC-PERPETUAL | +0.0047% | 1h | 60.629 | +0.137% | $687K | $1.1M | 50x | as long as short |
| Lighter LTC | +0.0096% | 1h | 60.544 | −0.003% | $939K | $1.6M | 10x | as long as short |
| Orderly PERP_LTC_USDC | +0.0099% | 8h | 60.590 | +0.073% | $13K | $171K | 20x | as long as short |
| Paradex LTC-USD-PERP | +0.0100% | 8h | 60.568 | +0.037% | $14K | $10K | 20x | as long as short |
Kalshi KXLTCPERP
gTrade (Gains Network) LTC/USD
Variational Omni LTC
Injective LTC/USDC PERP
Deribit LTC_USDC-PERPETUAL
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 | 60.575 | +0.048% | $267K | $333K | 10x | as long as short |
| Hyperliquid LTC | +0.0100% | 1h | 60.589 | +0.071% | $37.1M | $25.5M | 10x | as long as short |
| Aster LTCUSDT | +0.0100% | 8h | 60.580 | +0.055% | $2.5M | $2.6M | 75x | as long as short |
| Pacifica LTC | +0.0100% | 1h | 60.593 | +0.077% | $530K | $83K | 10x | as long as short |
| Binance LTCUSDT | +0.0100% | 8h | 60.530 | −0.026% | $89.8M | $229.7M | 75x | as long as short |
| Bybit LTCUSDT | +0.0100% | 8h | 60.530 | −0.026% | $76.3M | $60.6M | 75x | as long as short |
| OKX LTC-USDT-SWAP | +0.0100% | 8h | 60.530 | −0.026% | $26.7M | $75.2M | 50x | as long as short |
| Gate LTC_USDT | +0.0100% | 8h | 60.560 | +0.023% | $12.5M | $21.9M | 75x | as long as short |
| MEXC LTC_USDT | +0.0100% | 8h | 60.550 | +0.007% | $57.3M | $35.5M | 200x | as long as short |
| KuCoin LTCUSDTM | +0.0100% | 8h | 60.550 | +0.007% | $18.1M | $13.0M | 75x | as long as short |
| Bitget LTCUSDT | +0.0100% | 8h | 60.540 | −0.010% | $32.2M | $22.4M | 75x | as long as short |
| BingX LTC-USDC | +0.0100% | 8h | 60.550 | +0.007% | — | $6.5M | — | as long as short |
| Backpack LTC_USDC_PERP | +0.0100% | 1h | 60.576 | +0.050% | $153K | $276K | 10x | as long as short |
| edgeX LTCUSDC | +0.0100% | 4h | 60.599 | +0.087% | $41K | $374K | 20x | as long as short |
| GRVT LTC_USDT_Perp | +0.0100% | 8h | 60.624 | +0.130% | $338K | $2.0M | 10x | as long as short |
| ApeX Omni LTCUSDT | +0.0100% | 1h | 60.580 | +0.056% | $107K | $716K | 50x | as long as short |
| SunX LTC-USDT | +0.0100% | 8h | 60.680 | +0.221% | $17K | $3.9M | 30x | as long as short |
| SoDEX LTC-USD | +0.0100% | 1h | 60.600 | +0.089% | $162 | $5K | 10x | as long as short |
| HTX LTC-USDT | +0.0100% | 8h | 60.550 | +0.007% | $1.9M | $5.0M | 75x | as long as short |
| Phemex LTCUSDT | +0.0100% | 8h | 60.610 | +0.106% | $21.5M | $8.9M | 50x | as long as short |
| Extended LTC-USD | +0.0104% | 1h | 60.519 | −0.045% | $671K | $1.1M | 25x | as long as short |
| Aevo LTC-PERP | +0.0104% | 1h | 60.590 | +0.073% | $463K | — | 3x | as long as short |
| BloFin LTC-USDT | +0.0220% | 8h | 60.590 | +0.073% | $4.7M | $12.2M | 50x | as long as short |
| Kraken Futures PF_LTCUSD | +0.0295% | 1h | 60.620 | +0.122% | $6.7M | $6.3M | 50x | as long as short |
| dYdX LTC-USD | +0.0318% | 1h | 60.618 | +0.119% | $426K | $8K | 10x | as long as short |
| Reya LTCRUSDPERP | +0.0336% | 1h | 60.585 | +0.064% | $8K | — | 25x | as long as short |
| Coinbase International LTC-PERP-INTX | +0.0848% | 1h | 60.710 | +0.271% | $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-USDC
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