Funding you earn now, next payment 03:00 UTC−0.0481%/8h= −52.7% APRnext payment −$0.60 per $10,000 · paid last 24h −0.067%
Price spread now: GMX against Hyperliquid−0.058%7-day average −0.083% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.110%+$11 on $10k
+Price spread, last 4 days (all we have)+0.302%+$30 · spread now −0.058%, 7d avg −0.083%
=Together, before fees+0.412%+ Points / potential airdropHyperliquid: Season 2 · farm board+$41 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GMX is 0.025% dearer against Hyperliquid than usual: you sell high and buy low (spread −0.058% now, against its 7-day average of −0.083%): +$2 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 4 hours. Mind the row above: over the last 3 days funding on this pair paid +0.110%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.110% in total (about 12.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.60 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 | Hyperliquid LTC | 60.729 | 0.0100 | pay 0.0013% / 1h | 37m 56s | $36.9M | $24.6M | 10x |
| Short | GMX LTC/USD [ETH-USDC] | 60.694 | L −0.0262% / S +0.0381% | pay 0.0048% / 1h | 37m 56s | $110K | — | 200x |
Hyperliquid LTC
GMX LTC/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Hyperliquid. 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
- −$101.04
- Price spread: −0.058% → −0.083%
- $2.46
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$119.58
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 5 min ago; GMX: no order-book sample. 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 Hyperliquid live order book, 5 min ago | 0.25 bp | 5.8 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
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]short | L −0.0262% / S +0.0381% | 1h | 60.694 | −0.058% | $110K | — | 200x | |
| Polymarket Perps LTC-USD | −0.0082% | 1h | 60.638 | −0.150% | $80K | $390K | 10x | as long as short |
| Kalshi KXLTCPERP | 0.0000% | 8h | 60.734 | +0.008% | $319K | $4.3M | 4x | as long as short |
| gTrade (Gains Network) LTC/USD | L +0.0002% / S −0.0003% | 1h | 60.694 | −0.057% | $30K | — | 150x | as long as short |
| Variational Omni LTC | +0.0002% | 8h | 60.723 | −0.009% | $3.6M | $2.6M | — | as long as short |
| Deribit LTC_USDC-PERPETUAL | +0.0014% | 1h | 60.710 | −0.031% | $688K | $1.1M | 50x | as long as short |
| Injective LTC/USDC PERP | +0.0033% | 1h | 58.730 | −3.292% | $5K | $22K | 12x | as long as short |
| Orderly PERP_LTC_USDC | +0.0100% | 8h | 60.680 | −0.081% | $13K | $210K | 20x | as long as short |
| Paradex LTC-USD-PERP | +0.0100% | 8h | 60.732 | +0.005% | $14K | $10K | 20x | as long as short |
| Nado LTC-PERP | +0.0100% | 1h | 60.690 | −0.064% | $265K | $327K | 10x | as long as short |
Polymarket Perps LTC-USD
Kalshi KXLTCPERP
gTrade (Gains Network) LTC/USD
Variational Omni LTC
Deribit LTC_USDC-PERPETUAL
Injective LTC/USDC PERP
Orderly PERP_LTC_USDC
Paradex LTC-USD-PERP
Nado LTC-PERPShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid LTClong | +0.0100% | 1h | 60.729 | long leg | $36.9M | $24.6M | 10x | |
| Aster LTCUSDT | +0.0100% | 8h | 60.695 | −0.056% | $2.6M | $2.5M | 75x | as long as short |
| Pacifica LTC | +0.0100% | 1h | 60.742 | +0.021% | $531K | $83K | 10x | as long as short |
| Binance LTCUSDT | +0.0100% | 8h | 60.680 | −0.081% | $91.1M | $225.1M | 75x | as long as short |
| Bybit LTCUSDT | +0.0100% | 8h | 60.680 | −0.081% | $77.3M | $58.5M | 75x | as long as short |
| OKX LTC-USDT-SWAP | +0.0100% | 8h | 60.670 | −0.097% | $26.8M | $73.9M | 50x | as long as short |
| Gate LTC_USDT | +0.0100% | 8h | 60.690 | −0.064% | $12.7M | $21.2M | 75x | as long as short |
| MEXC LTC_USDT | +0.0100% | 8h | 60.670 | −0.097% | $57.7M | $34.6M | 200x | as long as short |
| KuCoin LTCUSDTM | +0.0100% | 8h | 60.690 | −0.064% | $18.2M | $12.7M | 75x | as long as short |
| Bitget LTCUSDT | +0.0100% | 8h | 60.680 | −0.081% | $32.5M | $22.2M | 75x | as long as short |
| BingX LTC-USDT | +0.0100% | 8h | 60.680 | −0.081% | — | $38.1M | — | as long as short |
| Backpack LTC_USDC_PERP | +0.0100% | 1h | 60.658 | −0.117% | $153K | $277K | 10x | as long as short |
| edgeX LTCUSDC | +0.0100% | 4h | 60.732 | +0.005% | $41K | $373K | 20x | as long as short |
| GRVT LTC_USDT_Perp | +0.0100% | 8h | 60.850 | +0.199% | $346K | $1.9M | 10x | as long as short |
| ApeX Omni LTCUSDT | +0.0100% | 1h | 60.810 | +0.134% | $102K | $716K | 50x | as long as short |
| SunX LTC-USDT | +0.0100% | 8h | 60.770 | +0.068% | $17K | $3.9M | 30x | as long as short |
| SoDEX LTC-USD | +0.0100% | 1h | 60.680 | −0.081% | $163 | $5K | 10x | as long as short |
| HTX LTC-USDT | +0.0100% | 8h | 60.650 | −0.130% | $2.0M | $4.9M | 75x | as long as short |
| Phemex LTCUSDT | +0.0100% | 8h | 60.690 | −0.064% | $21.6M | $8.8M | 50x | as long as short |
| Extended LTC-USD | +0.0104% | 1h | 60.658 | −0.116% | $675K | $1.1M | 25x | as long as short |
| Aevo LTC-PERP | +0.0104% | 1h | 60.670 | −0.098% | $463K | — | 3x | as long as short |
| Lighter LTC | +0.0120% | 1h | 60.756 | +0.045% | $1.3M | $1.2M | 10x | as long as short |
| BloFin LTC-USDT | +0.0220% | 8h | 60.680 | −0.081% | $4.7M | $12.2M | 50x | as long as short |
| dYdX LTC-USD | +0.0231% | 1h | 60.728 | −0.002% | $427K | $8K | 10x | as long as short |
| Reya LTCRUSDPERP | +0.0336% | 1h | 60.680 | −0.080% | $8K | — | 25x | as long as short |
| Kraken Futures PF_LTCUSD | +0.0350% | 1h | 60.711 | −0.029% | $6.7M | $6.1M | 50x | as long as short |
| Coinbase International LTC-PERP-INTX | +0.0832% | 1h | 60.860 | +0.216% | $1.1M | $2.3M | 50x | as long as short |
Aster LTCUSDT
Pacifica LTC
Binance LTCUSDT
Bybit LTCUSDT
OKX LTC-USDT-SWAP
Gate LTC_USDT
MEXC LTC_USDT
KuCoin LTCUSDTM
Bitget LTCUSDT
BingX LTC-USDT
Backpack LTC_USDC_PERP
edgeX LTCUSDC
GRVT LTC_USDT_Perp
ApeX Omni LTCUSDT
SunX LTC-USDT
SoDEX LTC-USD
HTX LTC-USDT
Phemex LTCUSDT
Extended LTC-USD
Aevo LTC-PERP
Lighter LTC
BloFin LTC-USDT
dYdX LTC-USD
Reya LTCRUSDPERP
Kraken Futures PF_LTCUSD
Coinbase International LTC-PERP-INTX