LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0193%/8h= +21.1% APRnext payment +$0.24 per $10,000 · paid last 24h −0.045%

Price spread now: Backpack against GMX−0.050%7-day average −0.034% · you buy dearer than you sell

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

Long on GMX Short on Backpack

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.228%−$23 on $10k

Price spread, last 3 days (all we have)−0.126%−$13 · spread now −0.050%, 7d avg −0.034%

Together, before fees−0.354%−$35 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: +$6 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair cost −0.228%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX LTC/USD [ETH-USDC]	62.071	L −0.0093% / S +0.0288%	get 0.0012% / 1h	51m 08s	$113K	—	200x
Short	Backpack LTC_USDC_PERP	62.040	0.0100	get 0.0013% / 1h	51m 08s	$159K	$265K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against GMX. 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 GMXbpFee BackpackbpOrdersPrice spread, now −0.050%Rate

Funding earned: $40.53
Price spread: −0.050% → −0.034%: −$1.57
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Backpack: 5 bp × 2 orders: −$10
Net: $16.96
Costs to cover: 0.220%
Break-even: 4.1 days

Slippage unknown: GMX: no order-book sample; Backpack: live order book, 27 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 GMX no order-book sample	—	—	—	—	—
Sell Backpack live order book, 27 min ago	0.08 bp	7.2 bp −$7	doesn't fit	doesn't fit	doesn't fit

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]long	L −0.0093% / S +0.0288%	1h	62.071	long leg	$113K	—	200x
Variational Omni LTC	−0.0047%	8h	61.757	−0.506%	$3.6M	$4.0M	—	as long as short
Kalshi KXLTCPERP	0.0000%	8h	62.078	+0.011%	$339K	$4.1M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	62.079	+0.013%	$31K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.382%	$5K	$22K	12x	as long as short
Gate LTC_USDT	+0.0074%	8h	62.060	−0.018%	$13.0M	$21.2M	75x	as long as short
Orderly PERP_LTC_USDC	+0.0100%	8h	62.060	−0.018%	$12K	$213K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	62.045	−0.042%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	62.070	−0.002%	$258K	$322K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	62.108	+0.060%	$37.6M	$23.7M	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster LTCUSDT	+0.0100%	8h	62.147	+0.122%	$2.7M	$2.3M	75x	as long as short
Pacifica LTC	+0.0100%	1h	62.072	+0.002%	$543K	$87K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	62.071	0.000%	$96.1M	$222.9M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	62.040	−0.050%	$78.7M	$59.7M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	62.080	+0.015%	$27.7M	$75.5M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	62.060	−0.018%	$61.7M	$33.8M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	62.090	+0.031%	$19.2M	$12.7M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	62.080	+0.015%	$32.2M	$22.1M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	62.060	−0.018%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERPshort	+0.0100%	1h	62.040	−0.050%	$159K	$265K	10x
edgeX LTCUSDC	+0.0100%	4h	61.910	−0.259%	$42K	$356K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.930	−0.227%	$353K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	62.010	−0.098%	$104K	$707K	50x	as long as short
Polymarket Perps LTC-USD	+0.0100%	1h	62.032	−0.063%	$86K	$378K	10x	as long as short
SunX LTC-USDT	+0.0100%	8h	62.160	+0.143%	$17K	$4.2M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	62.080	+0.015%	$639	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	62.040	−0.050%	$1.9M	$4.8M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	62.090	+0.031%	$22.2M	$9.1M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	62.063	−0.013%	$688K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	62.070	−0.002%	$474K	$499	3x	as long as short
Lighter LTC	+0.0184%	1h	62.143	+0.116%	$1.3M	$1.2M	10x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0201%	1h	62.105	+0.055%	$701K	$1.1M	50x	as long as short
BloFin LTC-USDT	+0.0220%	8h	62.070	−0.002%	$4.8M	$11.8M	50x	as long as short
Reya LTCRUSDPERP	+0.0335%	1h	62.062	−0.014%	$8K	—	25x	as long as short
Kraken Futures PF_LTCUSD	+0.0432%	1h	62.107	+0.058%	$6.9M	$5.8M	50x	as long as short
Coinbase International LTC-PERP-INTX	+0.0848%	1h	62.220	+0.240%	$1.2M	$2.3M	50x	as long as short
dYdX LTC-USD	+0.0849%	1h	62.031	−0.064%	$436K	$8K	10x	as long as short