LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0399%/8h= −43.7% APRnext payment −$0.50 per $10,000 · paid last 24h −0.048%

Price spread now: GMX against Deribit−0.150%54s7-day average −0.027% · you buy dearer than you sell

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

Long on Deribit Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.275%+$28 on $10k

Price spread, last 4 days (all we have)+0.251%+$25 · spread now −0.150%, 7d avg −0.027%

Together, before fees+0.527%+$53 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and GMX is 0.123% cheaper against Deribit than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.027%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.275%, so the current rate has only just turned against you. 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	Deribit LTC_USDC-PERPETUAL	60.961	0	get 0.0000% / 1h	27m 28s	$689K	$1.1M	50x
Short	GMX LTC/USD [ETH-USDC]	60.870	L −0.0254% / S +0.0399%	pay 0.0050% / 1h	27m 28s	$102K	—	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Deribit. 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 DeribitbpFee GMXbpOrdersPrice spread, now −0.150%Rate

Funding earned: −$83.85
Price spread: −0.150% → −0.027%: −$12.3
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee GMX: 6 bp × 2 orders: −$12
Net: −$115.15
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Deribit: 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 Deribit live order book, 1 min ago	3.28 bp	8.4 bp −$8	14.9 bp −$149	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 −0.0254% / S +0.0399%	1h	60.870	−0.150%	$102K	—	200x
Polymarket Perps LTC-USD	−0.0246%	1h	60.837	−0.203%	$93K	$612K	10x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.979	+0.030%	$347K	$4.3M	4x	as long as short
Deribit LTC_USDC-PERPETUALlong	0.0000%	1h	60.961	long leg	$689K	$1.1M	50x
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	60.863	−0.161%	$30K	—	150x	as long as short
Variational Omni LTC	+0.0027%	8h	61.074	+0.186%	$3.6M	$2.6M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.660%	$5K	$22K	12x	as long as short
Lighter LTC	+0.0096%	1h	60.923	−0.062%	$940K	$1.6M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.860	−0.166%	$13K	$145K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.858	−0.169%	$14K	$10K	20x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado LTC-PERP	+0.0100%	1h	60.865	−0.157%	$267K	$331K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	60.938	−0.038%	$37.2M	$25.3M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.880	−0.133%	$2.6M	$2.5M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.902	−0.098%	$532K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.860	−0.166%	$89.8M	$231.9M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.850	−0.182%	$77.4M	$61.6M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.850	−0.182%	$26.8M	$76.2M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.850	−0.182%	$12.8M	$21.9M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.870	−0.149%	$57.8M	$35.5M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.860	−0.166%	$18.2M	$13.1M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.870	−0.149%	$31.3M	$22.9M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	60.870	−0.149%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.925	−0.059%	$147K	$278K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.977	+0.027%	$41K	$373K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.970	+0.015%	$345K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.070	+0.179%	$107K	$716K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.010	+0.080%	$17K	$3.9M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.960	−0.002%	$163	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.920	−0.067%	$2.0M	$5.0M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.960	−0.002%	$21.6M	$8.9M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.847	−0.186%	$675K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.836	−0.205%	$465K	—	3x	as long as short
dYdX LTC-USD	+0.0215%	1h	60.908	−0.087%	$428K	$7K	10x	as long as short
BloFin LTC-USDT	+0.0220%	8h	61.010	+0.080%	$4.7M	$12.3M	50x	as long as short
Kraken Futures PF_LTCUSD	+0.0230%	1h	60.966	+0.008%	$6.7M	$6.3M	50x	as long as short
Reya LTCRUSDPERP	+0.0337%	1h	60.854	−0.175%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0792%	1h	61.110	+0.244%	$1.1M	$2.4M	50x	as long as short