LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0757%/8h= +82.9% APRnext payment +$0.95 per $10,000 · paid last 24h +0.177%

Price spread now: Coinbase International against GMX+0.344%7-day average +0.112% · 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)+0.141%+$14 on $10k

Price spread, last 4 days (all we have)−0.436%−$44 · spread now +0.344%, 7d avg +0.112%

Together, before fees−0.295%−$30 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and Coinbase International is 0.232% dearer against GMX than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of +0.112%.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.141% in total (about 15.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.95 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]	60.901	L −0.0045% / S +0.0179%	get 0.0006% / 1h	55m 34s	$76K	—	200x
Short	Coinbase International LTC-PERP-INTX	61.110	0.0712	get 0.0089% / 1h	55m 34s	$1.1M	$2.5M	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 +0.344%Rate

Funding earned: $159.01
Price spread: +0.344% → +0.112%: $23.19
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $160.2
Costs to cover: 0.220%
Break-even: from the start

Slippage unknown: GMX: no order-book sample; Coinbase International: live order book, 3 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, 3 min ago	5.71 bp	13.3 bp −$13	20.1 bp −$201	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 −0.0045% / S +0.0179%	1h	60.901	long leg	$76K	—	200x
Kalshi KXLTCPERP	0.0000%	8h	60.946	+0.074%	$339K	$4.3M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0002%	1h	60.912	+0.019%	$25K	—	150x	as long as short
Polymarket Perps LTC-USD	+0.0018%	1h	60.879	−0.036%	$82K	$740K	10x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.564%	$5K	$22K	12x	as long as short
Variational Omni LTC	+0.0035%	8h	60.884	−0.027%	$3.5M	$2.7M	—	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0045%	1h	60.936	+0.058%	$689K	$1.1M	50x	as long as short
Lighter LTC	+0.0096%	1h	60.920	+0.032%	$937K	$1.7M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.910	+0.015%	$13K	$132K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.892	−0.015%	$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	−0.001%	$265K	$335K	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.915	+0.024%	$2.5M	$2.5M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.905	+0.008%	$532K	$82K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.890	−0.018%	$89.3M	$234.2M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.870	−0.050%	$77.1M	$61.6M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.870	−0.050%	$26.9M	$76.6M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.870	−0.050%	$13.4M	$22.0M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.890	−0.018%	$56.4M	$36.1M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.920	+0.032%	$18.7M	$13.2M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.900	−0.001%	$31.4M	$22.8M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	60.880	−0.034%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.883	−0.029%	$145K	$268K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	61.036	+0.222%	$41K	$374K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.961	+0.099%	$341K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.990	+0.147%	$107K	$715K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.000	+0.163%	$17K	$3.8M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.890	−0.018%	$163	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.890	−0.018%	$2.0M	$5.0M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.920	+0.032%	$21.5M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.854	−0.076%	$675K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.908	+0.011%	$465K	—	3x	as long as short
Kraken Futures PF_LTCUSD	+0.0131%	1h	60.902	+0.002%	$6.6M	$6.5M	50x	as long as short
dYdX LTC-USD	+0.0169%	1h	60.906	+0.009%	$428K	$7K	10x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.950	+0.081%	$4.2M	$12.5M	50x	as long as short
Reya LTCRUSDPERP	+0.0337%	1h	60.891	−0.017%	$8K	—	25x	as long as short
Hyperliquid LTC	+0.0388%	1h	60.972	+0.117%	$38.4M	$26.4M	10x	as long as short
Coinbase International LTC-PERP-INTXshort	+0.0712%	1h	61.110	+0.344%	$1.1M	$2.5M	50x