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
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%
=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
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- 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 |
GMX LTC/USD [ETH-USDC]
Coinbase International LTC-PERP-INTX
Polymarket Perps LTC-USD
Variational Omni LTC
Kalshi KXLTCPERP
Deribit LTC_USDC-PERPETUAL
gTrade (Gains Network) LTC/USD
Injective LTC/USDC PERP
Lighter LTC
Paradex LTC-USD-PERP
Aster LTCUSDT
Pacifica LTC
Binance LTCUSDT
Bybit LTCUSDT
OKX LTC-USDT-SWAP
Gate LTC_USDT
MEXC LTC_USDT
KuCoin LTCUSDTM
Bitget LTCUSDT
BingX LTC-USDC
Backpack LTC_USDC_PERP
edgeX LTCUSDC
GRVT LTC_USDT_Perp
ApeX Omni LTCUSDT
SunX LTC-USDT
SoDEX LTC-USD
HTX LTC-USDT
Phemex LTCUSDT
Hyperliquid LTC
Extended LTC-USD
Kraken Futures PF_LTCUSD
BloFin LTC-USDT