Settings8H · net · $10k
Funding arb · Price arb /

LTC

all LTC markets
SwapBacktest
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
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX LTC/USD [ETH-USDC]60.901L −0.0045% / S +0.0179%get 0.0006% / 1h55m 34s$76K200x
ShortCoinbase International LTC-PERP-INTX61.1100.0712get 0.0089% / 1h55m 34s$1.1M$2.5M50x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

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
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell Coinbase International live order book, 3 min ago5.71 bp13.3 bp −$1320.1 bp −$201doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX LTC/USD [ETH-USDC]longL −0.0045% / S +0.0179%1h60.901long leg$76K200x
Kalshi KXLTCPERP0.0000%8h60.946+0.074%$339K$4.3M4xas long as short
gTrade (Gains Network) LTC/USDL +0.0002% / S −0.0002%1h60.912+0.019%$25K150xas long as short
Polymarket Perps LTC-USD+0.0018%1h60.879−0.036%$82K$740K10xas long as short
Injective LTC/USDC PERP+0.0033%1h58.730−3.564%$5K$22K12xas long as short
Variational Omni LTC+0.0035%8h60.884−0.027%$3.5M$2.7Mas long as short
Deribit LTC_USDC-PERPETUAL+0.0045%1h60.936+0.058%$689K$1.1M50xas long as short
Lighter LTC+0.0096%1h60.920+0.032%$937K$1.7M10xas long as short
Orderly PERP_LTC_USDC+0.0099%8h60.910+0.015%$13K$132K20xas long as short
Paradex LTC-USD-PERP+0.0100%8h60.892−0.015%$14K$10K20xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado LTC-PERP+0.0100%1h60.900−0.001%$265K$335K10xas long as short
Aster LTCUSDT+0.0100%8h60.915+0.024%$2.5M$2.5M75xas long as short
Pacifica LTC+0.0100%1h60.905+0.008%$532K$82K10xas long as short
Binance LTCUSDT+0.0100%8h60.890−0.018%$89.3M$234.2M75xas long as short
Bybit LTCUSDT+0.0100%8h60.870−0.050%$77.1M$61.6M75xas long as short
OKX LTC-USDT-SWAP+0.0100%8h60.870−0.050%$26.9M$76.6M50xas long as short
Gate LTC_USDT+0.0100%8h60.870−0.050%$13.4M$22.0M75xas long as short
MEXC LTC_USDT+0.0100%8h60.890−0.018%$56.4M$36.1M200xas long as short
KuCoin LTCUSDTM+0.0100%8h60.920+0.032%$18.7M$13.2M75xas long as short
Bitget LTCUSDT+0.0100%8h60.900−0.001%$31.4M$22.8M75xas long as short
BingX LTC-USDC+0.0100%8h60.880−0.034%$6.5Mas long as short
Backpack LTC_USDC_PERP+0.0100%1h60.883−0.029%$145K$268K10xas long as short
edgeX LTCUSDC+0.0100%4h61.036+0.222%$41K$374K20xas long as short
GRVT LTC_USDT_Perp+0.0100%8h60.961+0.099%$341K$2.0M10xas long as short
ApeX Omni LTCUSDT+0.0100%1h60.990+0.147%$107K$715K50xas long as short
SunX LTC-USDT+0.0100%8h61.000+0.163%$17K$3.8M30xas long as short
SoDEX LTC-USD+0.0100%1h60.890−0.018%$163$5K10xas long as short
HTX LTC-USDT+0.0100%8h60.890−0.018%$2.0M$5.0M75xas long as short
Phemex LTCUSDT+0.0100%8h60.920+0.032%$21.5M$9.0M50xas long as short
Extended LTC-USD+0.0104%1h60.854−0.076%$675K$1.1M25xas long as short
Aevo LTC-PERP+0.0104%1h60.908+0.011%$465K3xas long as short
Kraken Futures PF_LTCUSD+0.0131%1h60.902+0.002%$6.6M$6.5M50xas long as short
dYdX LTC-USD+0.0169%1h60.906+0.009%$428K$7K10xas long as short
BloFin LTC-USDT+0.0220%8h60.950+0.081%$4.2M$12.5M50xas long as short
Reya LTCRUSDPERP+0.0337%1h60.891−0.017%$8K25xas long as short
Hyperliquid LTC+0.0388%1h60.972+0.117%$38.4M$26.4M10xas long as short
Coinbase International LTC-PERP-INTXshort+0.0712%1h61.110+0.344%$1.1M$2.5M50x