LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0098%/8h= +10.8% APRnext payment +$0.12 per $10,000 · paid last 24h +0.024%

Price spread now: Backpack against gTrade (Gains Network)−0.049%7-day average — · you buy dearer than you sell

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

Long on gTrade (Gains Network)Short on Backpack

What this pair did over the last

the charts below follow

Funding, last 3 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

Funding pays, the price is against you. Backpack is 0.049% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.049% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 40 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) LTC/USD	60.900	L +0.0002% / S −0.0003%	pay 0.0000% / 1h	31m 44s	$30K	—	150x
Short	Backpack LTC_USDC_PERP	60.870	0.0100	get 0.0013% / 1h	31m 44s	$153K	$277K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee BackpackbpOrdersPrice spread, now −0.049%Rate

Funding earned: $20.66
Price spread: −0.049% → 0.000%: −$4.93
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Backpack: 5 bp × 2 orders: −$10
Net: −$4.27
Costs to cover: 0.200%
Break-even: 8.4 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Backpack: live order book, 32 min ago. 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Backpack live order book, 32 min ago	0.08 bp	5.8 bp −$6	doesn't fit	doesn't fit	doesn't fit

gTrade (Gains Network): 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]	L −0.0266% / S +0.0384%	1h	60.889	−0.018%	$111K	—	200x	as long as short
Polymarket Perps LTC-USD	−0.0091%	1h	60.851	−0.080%	$80K	$390K	10x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.939	+0.064%	$320K	$4.3M	4x	as long as short
gTrade (Gains Network) LTC/USDlong	L +0.0002% / S −0.0003%	1h	60.900	long leg	$30K	—	150x
Variational Omni LTC	+0.0005%	8h	60.793	−0.175%	$3.6M	$2.6M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.563%	$5K	$22K	12x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0078%	1h	60.905	+0.008%	$691K	$1.1M	50x	as long as short
Lighter LTC	+0.0096%	1h	60.993	+0.153%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0100%	8h	60.880	−0.033%	$13K	$210K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.896	−0.006%	$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	60.900	0.000%	$266K	$327K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	60.979	+0.130%	$37.1M	$24.6M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.943	+0.071%	$2.6M	$2.5M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.940	+0.066%	$533K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.928	+0.047%	$91.5M	$225.4M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.920	+0.033%	$77.4M	$58.7M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.930	+0.049%	$26.9M	$74.3M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.930	+0.049%	$12.7M	$21.3M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.920	+0.033%	$57.6M	$34.7M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.930	+0.049%	$18.3M	$12.7M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.940	+0.066%	$32.6M	$22.2M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	60.930	+0.049%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERPshort	+0.0100%	1h	60.870	−0.049%	$153K	$277K	10x
edgeX LTCUSDC	+0.0100%	4h	60.781	−0.196%	$41K	$374K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.833	−0.110%	$336K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.810	−0.148%	$102K	$716K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	60.960	+0.099%	$17K	$3.9M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.880	−0.033%	$163	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.840	−0.099%	$2.0M	$4.9M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.910	+0.016%	$21.7M	$8.8M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.908	+0.013%	$675K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.886	−0.022%	$465K	—	3x	as long as short
dYdX LTC-USD	+0.0214%	1h	60.928	+0.046%	$428K	$8K	10x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.900	0.000%	$4.8M	$12.2M	50x	as long as short
Reya LTCRUSDPERP	+0.0336%	1h	60.885	−0.025%	$8K	—	25x	as long as short
Kraken Futures PF_LTCUSD	+0.0349%	1h	60.908	+0.013%	$6.7M	$6.1M	50x	as long as short
Coinbase International LTC-PERP-INTX	+0.0832%	1h	60.930	+0.049%	$1.1M	$2.3M	50x	as long as short