Funding you earn now, next payment 07:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.020%
Price spread now: Injective against Phemex−3.595%65s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+2.016%+$202 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 3.595% cheaper against Phemex than usual: you would sell low and buy high (−$359 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +2.016%, so the current rate has only just turned against you. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex LTCUSDT | 60.920 | 0.0100 | pay 0.0100% / 8h | 1h 55m | $21.5M | $9.0M | 50x |
| Short | Injective LTC/USDC PERP | 58.730 | 0.0033 | get 0.0004% / 1h | 55m 53s | $5K | $22K | 12x |
Phemex LTCUSDT
Injective LTC/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Phemex. 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
- −$14
- Price spread: −3.595% → 0.000%
- −$359.49
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$385.51
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Phemex: live order book, 3 min ago; Injective: 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 Phemex live order book, 3 min ago | 4.09 bp | 10.7 bp −$11 | 18.2 bp −$182 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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] | L −0.0045% / S +0.0179% | 1h | 60.901 | −0.032% | $76K | — | 200x | as long as short |
| Kalshi KXLTCPERP | 0.0000% | 8h | 60.946 | +0.043% | $339K | $4.3M | 4x | as long as short |
| gTrade (Gains Network) LTC/USD | L +0.0002% / S −0.0002% | 1h | 60.912 | −0.013% | $25K | — | 150x | as long as short |
| Polymarket Perps LTC-USD | +0.0018% | 1h | 60.879 | −0.067% | $82K | $740K | 10x | as long as short |
| Variational Omni LTC | +0.0033% | 8h | 61.004 | +0.137% | $3.6M | $2.7M | — | as long as short |
| Injective LTC/USDC PERPshort | +0.0033% | 1h | 58.730 | −3.595% | $5K | $22K | 12x | |
| Deribit LTC_USDC-PERPETUAL | +0.0045% | 1h | 60.936 | +0.026% | $689K | $1.1M | 50x | as long as short |
| Lighter LTC | +0.0096% | 1h | 60.910 | −0.016% | $937K | $1.7M | 10x | as long as short |
| Orderly PERP_LTC_USDC | +0.0099% | 8h | 60.910 | −0.016% | $13K | $132K | 20x | as long as short |
| Paradex LTC-USD-PERP | +0.0100% | 8h | 60.917 | −0.005% | $14K | $10K | 20x | as long as short |
GMX LTC/USD [ETH-USDC]
Kalshi KXLTCPERP
gTrade (Gains Network) LTC/USD
Polymarket Perps LTC-USD
Variational Omni LTC
Deribit LTC_USDC-PERPETUAL
Lighter LTC
Orderly PERP_LTC_USDC
Paradex LTC-USD-PERPShow 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 | −0.033% | $265K | $335K | 10x | as long as short |
| Aster LTCUSDT | +0.0100% | 8h | 60.923 | +0.006% | $2.5M | $2.5M | 75x | as long as short |
| Pacifica LTC | +0.0100% | 1h | 60.920 | 0.000% | $533K | $82K | 10x | as long as short |
| Binance LTCUSDT | +0.0100% | 8h | 60.892 | −0.046% | $89.3M | $234.4M | 75x | as long as short |
| Bybit LTCUSDT | +0.0100% | 8h | 60.870 | −0.082% | $77.1M | $61.6M | 75x | as long as short |
| OKX LTC-USDT-SWAP | +0.0100% | 8h | 60.870 | −0.082% | $26.9M | $76.6M | 50x | as long as short |
| Gate LTC_USDT | +0.0100% | 8h | 60.890 | −0.049% | $13.4M | $22.0M | 75x | as long as short |
| MEXC LTC_USDT | +0.0100% | 8h | 60.900 | −0.033% | $56.4M | $36.1M | 200x | as long as short |
| KuCoin LTCUSDTM | +0.0100% | 8h | 60.930 | +0.016% | $18.7M | $13.2M | 75x | as long as short |
| Bitget LTCUSDT | +0.0100% | 8h | 60.900 | −0.033% | $31.4M | $22.8M | 75x | as long as short |
| BingX LTC-USDT | +0.0100% | 8h | 60.880 | −0.066% | — | $18.5M | — | as long as short |
| Backpack LTC_USDC_PERP | +0.0100% | 1h | 60.883 | −0.061% | $145K | $268K | 10x | as long as short |
| edgeX LTCUSDC | +0.0100% | 4h | 61.036 | +0.190% | $41K | $374K | 20x | as long as short |
| GRVT LTC_USDT_Perp | +0.0100% | 8h | 61.035 | +0.189% | $340K | $2.0M | 10x | as long as short |
| ApeX Omni LTCUSDT | +0.0100% | 1h | 61.030 | +0.181% | $107K | $715K | 50x | as long as short |
| SunX LTC-USDT | +0.0100% | 8h | 61.000 | +0.131% | $17K | $3.8M | 30x | as long as short |
| SoDEX LTC-USD | +0.0100% | 1h | 60.890 | −0.049% | $163 | $5K | 10x | as long as short |
| HTX LTC-USDT | +0.0100% | 8h | 60.890 | −0.049% | $2.0M | $5.0M | 75x | as long as short |
| Phemex LTCUSDTlong | +0.0100% | 8h | 60.920 | long leg | $21.5M | $9.0M | 50x | |
| Extended LTC-USD | +0.0104% | 1h | 60.870 | −0.082% | $675K | $1.1M | 25x | as long as short |
| Aevo LTC-PERP | +0.0104% | 1h | 60.908 | −0.020% | $465K | — | 3x | as long as short |
| Kraken Futures PF_LTCUSD | +0.0131% | 1h | 60.902 | −0.029% | $6.6M | $6.5M | 50x | as long as short |
| dYdX LTC-USD | +0.0217% | 1h | 60.908 | −0.020% | $428K | $7K | 10x | as long as short |
| BloFin LTC-USDT | +0.0220% | 8h | 60.950 | +0.049% | $4.2M | $12.5M | 50x | as long as short |
| Reya LTCRUSDPERP | +0.0337% | 1h | 60.891 | −0.048% | $8K | — | 25x | as long as short |
| Hyperliquid LTC | +0.0386% | 1h | 60.973 | +0.087% | $38.4M | $26.4M | 10x | as long as short |
| Coinbase International LTC-PERP-INTX | +0.0712% | 1h | 61.110 | +0.312% | $1.1M | $2.5M | 50x | as long as short |
Nado LTC-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-USDT
Backpack LTC_USDC_PERP
edgeX LTCUSDC
GRVT LTC_USDT_Perp
ApeX Omni LTCUSDT
SunX LTC-USDT
SoDEX LTC-USD
HTX LTC-USDT
Extended LTC-USD
Aevo LTC-PERP
Kraken Futures PF_LTCUSD
dYdX LTC-USD
BloFin LTC-USDT
Reya LTCRUSDPERP
Hyperliquid LTC
Coinbase International LTC-PERP-INTX