LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.1002%/8h= +109.7% APRnext payment +$1.25 per $10,000 · paid last 24h +0.102%

Price spread now: Coinbase International against GMX+0.366%7-day average +0.105% · you sell dearer than you buy

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

Long on GMX Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.074%+$7 on $10k

Price spread, last 3 days (all we have)−0.412%−$41 · spread now +0.366%, 7d avg +0.105%

Together, before fees−0.339%−$34 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$30 a day on $10k at the current rate, and Coinbase International is 0.261% dearer against GMX than usual: you sell high and buy low: +$26 more if the spread goes back to its 7-day average of +0.105%.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.074% in total (about 8.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.25 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX LTC/USD [ETH-USDC]	61.884	L −0.0162% / S +0.0343%	get 0.0020% / 1h	55m 12s	$122K	—	200x
Short	Coinbase International LTC-PERP-INTX	62.110	0.0840	get 0.0105% / 1h	55m 12s	$1.2M	$2.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against GMX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Coinbase InternationalbpOrdersPrice spread, now +0.366%Rate

Funding earned: $210.32
Price spread: +0.366% → +0.105%: $26.07
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $214.39
Costs to cover: 0.220%
Break-even: from the start

Slippage unknown: GMX: no order-book sample; Coinbase International: live order book, 4 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 Coinbase International live order book, 4 min ago	7.25 bp	13.3 bp −$13	17.8 bp −$178	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
Polymarket Perps LTC-USD	−0.0208%	1h	61.822	−0.100%	$85K	$370K	10x	as long as short
GMX LTC/USD [ETH-USDC]long	L −0.0162% / S +0.0343%	1h	61.884	long leg	$122K	—	200x
Variational Omni LTC	−0.0047%	8h	61.977	+0.150%	$3.6M	$4.0M	—	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.949	+0.105%	$313K	$4.2M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	61.912	+0.046%	$709K	$1.1M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	61.899	+0.025%	$31K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.096%	$5K	$22K	12x	as long as short
Lighter LTC	+0.0096%	1h	61.960	+0.123%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0100%	8h	61.870	−0.022%	$12K	$213K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	61.863	−0.034%	$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	61.855	−0.046%	$264K	$322K	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	61.940	+0.091%	$2.6M	$2.3M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.913	+0.047%	$541K	$87K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.900	+0.026%	$95.7M	$223.2M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	61.890	+0.010%	$78.5M	$59.6M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.910	+0.042%	$27.6M	$75.2M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	61.920	+0.059%	$13.0M	$20.7M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.890	+0.010%	$61.8M	$34.1M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.930	+0.075%	$19.1M	$12.7M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.900	+0.026%	$32.1M	$22.0M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	61.910	+0.042%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	61.887	+0.005%	$159K	$266K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	61.927	+0.070%	$42K	$356K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.930	+0.075%	$341K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.950	+0.107%	$118K	$708K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.960	+0.123%	$17K	$4.1M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.880	−0.006%	$637	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	61.850	−0.055%	$1.9M	$4.8M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.910	+0.042%	$22.1M	$9.1M	50x	as long as short
Hyperliquid LTC	+0.0104%	1h	61.984	+0.162%	$37.6M	$23.9M	10x	as long as short
Extended LTC-USD	+0.0104%	1h	61.848	−0.057%	$693K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.913	+0.046%	$473K	—	3x	as long as short
Kraken Futures PF_LTCUSD	+0.0211%	1h	61.914	+0.049%	$6.8M	$5.8M	50x	as long as short
BloFin LTC-USDT	+0.0220%	8h	61.880	−0.006%	$4.8M	$11.9M	50x	as long as short
Reya LTCRUSDPERP	+0.0335%	1h	61.857	−0.043%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTXshort	+0.0840%	1h	62.110	+0.366%	$1.2M	$2.3M	50x
dYdX LTC-USD	+0.1547%	1h	61.908	+0.039%	$435K	$8K	10x	as long as short