LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0284%/8h= −31.1% APRnext payment −$0.35 per $10,000 · paid last 24h −0.046%

Price spread now: GMX against Backpack+0.044%7-day average +0.034% · you sell dearer than you buy

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

Long on Backpack Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.250%+$25 on $10k

Price spread, last 4 days (all we have)+0.132%+$13 · spread now +0.044%, 7d avg +0.034%

Together, before fees+0.382%+$38 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.034%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair paid +0.250%, 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	Backpack LTC_USDC_PERP	60.920	0.0100	pay 0.0013% / 1h	17m 13s	$145K	$270K	10x
Short	GMX LTC/USD [ETH-USDC]	60.947	L −0.0049% / S +0.0184%	pay 0.0023% / 1h	17m 13s	$76K	—	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Backpack. 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 BackpackbpFee GMXbpOrdersPrice spread, now +0.044%Rate

Funding earned: −$59.58
Price spread: +0.044% → +0.034%: $1.08
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: −$80.5
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Backpack: live order book, 31 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 Backpack live order book, 31 min ago	0.08 bp	5.8 bp −$6	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 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	−0.0148%	1h	60.926	+0.010%	$87K	$666K	10x	as long as short
GMX LTC/USD [ETH-USDC]short	L −0.0049% / S +0.0184%	1h	60.947	+0.044%	$76K	—	200x
Kalshi KXLTCPERP	0.0000%	8h	60.978	+0.095%	$334K	$4.3M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0002%	1h	60.955	+0.058%	$25K	—	150x	as long as short
Kraken Futures PF_LTCUSD	+0.0012%	1h	60.967	+0.078%	$6.6M	$6.5M	50x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0012%	1h	60.985	+0.107%	$689K	$1.1M	50x	as long as short
Variational Omni LTC	+0.0028%	8h	60.814	−0.173%	$3.6M	$2.6M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.595%	$5K	$22K	12x	as long as short
Lighter LTC	+0.0096%	1h	60.974	+0.089%	$937K	$1.7M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.950	+0.049%	$13K	$134K	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	60.985	+0.106%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	60.955	+0.057%	$264K	$334K	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.991	+0.116%	$2.6M	$2.5M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.985	+0.107%	$533K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.944	+0.039%	$89.5M	$233.7M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.910	−0.016%	$77.1M	$61.5M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.910	−0.016%	$26.9M	$76.4M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.940	+0.033%	$13.3M	$22.2M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.930	+0.016%	$56.3M	$36.2M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.960	+0.066%	$18.0M	$13.1M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.940	+0.033%	$31.3M	$22.8M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	60.940	+0.033%	—	$18.4M	—	as long as short
Backpack LTC_USDC_PERPlong	+0.0100%	1h	60.920	long leg	$145K	$270K	10x
edgeX LTCUSDC	+0.0100%	4h	60.828	−0.151%	$41K	$375K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.020	+0.164%	$344K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.030	+0.181%	$107K	$716K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.040	+0.197%	$17K	$3.9M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.950	+0.049%	$163	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.930	+0.016%	$2.0M	$5.0M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.940	+0.033%	$21.6M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.929	+0.015%	$675K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.959	+0.064%	$465K	—	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	61.000	+0.131%	$4.1M	$12.5M	50x	as long as short
Hyperliquid LTC	+0.0250%	1h	60.994	+0.121%	$38.1M	$26.2M	10x	as long as short
dYdX LTC-USD	+0.0323%	1h	60.988	+0.112%	$429K	$7K	10x	as long as short
Reya LTCRUSDPERP	+0.0337%	1h	60.946	+0.043%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0728%	1h	61.120	+0.328%	$1.1M	$2.5M	50x	as long as short