Funding arb · Price arb /

LTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0227%/8h= −24.8% APRpaid last 24h −0.070%

Price spread now: GMX against SunX−0.129%7-day average — · you buy dearer than you sell

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

Long on SunX Short on GMX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and GMX is 0.129% cheaper against SunX than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX LTC-USDT	60.480	0.0100	pay 0.0100% / 8h	5h 56m	$17K	$3.2M	30x
Short	GMX LTC/USD [ETH-USDC]	60.402	L −0.0006% / S +0.0127%	pay 0.0016% / 1h	56m 35s	$75K	—	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against SunX. 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 SunXbpFee GMXbpOrdersPrice spread, now −0.129%Rate

Funding earned: −$47.6
Price spread: −0.129% → 0.000%: −$12.89
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee GMX: 6 bp × 2 orders: −$12
Net: −$80.48
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 5 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 SunX live order book, 5 min ago	14.89 bp	19.3 bp −$19	doesn't fit	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 exchanges

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
Kraken Futures PF_LTCUSD	−0.0092%	1h	60.427	−0.088%	$6.5M	$6.1M	50x	as long as short
Variational Omni LTC	−0.0013%	8h	60.341	−0.230%	$3.5M	$1.2M	—	as long as short
GMX LTC/USD [ETH-USDC]short	L −0.0006% / S +0.0127%	1h	60.402	−0.129%	$75K	—	200x
Kalshi KXLTCPERP	0.0000%	8h	60.416	−0.106%	$344K	$4.0M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0002%	1h	60.409	−0.117%	$25K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−2.894%	$5K	$22K	12x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0065%	1h	60.431	−0.081%	$694K	$900K	50x	as long as short
dYdX LTC-USD	+0.0070%	1h	60.412	−0.113%	$424K	$4K	10x	as long as short
Bybit LTCUSDT	+0.0092%	8h	60.370	−0.182%	$77.3M	$56.8M	75x	as long as short
Lighter LTC	+0.0096%	1h	60.438	−0.069%	$929K	$1.5M	10x	as long as short

Show all 37 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_LTC_USDC	+0.0099%	8h	60.390	−0.149%	$13K	$76K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.378	−0.169%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	60.390	−0.149%	$257K	$316K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	60.465	−0.025%	$37.7M	$24.4M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.435	−0.074%	$2.5M	$2.5M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.414	−0.109%	$528K	$78K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.403	−0.128%	$88.2M	$213.5M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.380	−0.165%	$26.9M	$69.5M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.390	−0.149%	$15.1M	$19.8M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.380	−0.165%	$58.8M	$34.4M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.410	−0.116%	$18.2M	$13.1M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.400	−0.132%	$31.1M	$20.4M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	60.380	−0.165%	—	$18.6M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.380	−0.165%	$147K	$252K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.352	−0.211%	$41K	$381K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.431	−0.082%	$341K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.440	−0.066%	$106K	$702K	50x	as long as short
Polymarket Perps LTC-USD	+0.0100%	1h	60.415	−0.107%	$81K	$649K	10x	as long as short
SunX LTC-USDTlong	+0.0100%	8h	60.480	long leg	$17K	$3.2M	30x
SoDEX LTC-USD	+0.0100%	1h	60.400	−0.132%	$162	$6K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.400	−0.132%	$2.0M	$4.4M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.430	−0.083%	$21.3M	$8.6M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.360	−0.198%	$680K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.380	−0.165%	$461K	—	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.370	−0.182%	$4.2M	$12.3M	50x	as long as short
Reya LTCRUSDPERP	+0.0339%	1h	60.386	−0.156%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0616%	1h	60.550	+0.116%	$1.0M	$2.3M	50x	as long as short