LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0692%/8h= +75.8% APRnext payment +$0.86 per $10,000 · paid last 24h +0.165%

Price spread now: Coinbase International against ApeX Omni+0.098%75s7-day average +0.096% · you sell dearer than you buy

Net, funding: paid 7d − costs−$6as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$490.493% of the position

Long on ApeX Omni Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.436%+$44 on $10k

Price spread, last 4 days (all we have)−0.069%−$7 · spread now +0.098%, 7d avg +0.096%

Together, before fees+0.366%+$37 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.096%, so right now this pair is about funding alone: +$21 a day on $10k at the current rate. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.436% in total (about 22.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.86 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	ApeX Omni LTCUSDT	60.950	0.0100	pay 0.0013% / 1h	11m 39s	$107K	$716K	50x
Short	Coinbase International LTC-PERP-INTX	61.010	0.0792	get 0.0099% / 1h	11m 39s	$1.1M	$2.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against ApeX Omni. 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee Coinbase InternationalbpOrdersPrice spread, now +0.098%Rate

Funding earned: $145.32
Price spread: +0.098% → +0.096%: $0.21
Slippage, 4 orders: −$29.26
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $96.28
Costs to cover: 0.493%
Break-even: 2.4 days

Slippage from ApeX Omni: live order book, 42 min ago; Coinbase International: live order book, 2 min ago.

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 ApeX Omni live order book, 42 min ago	5.71 bp	14.5 bp −$14	74.9 bp −$749	doesn't fit	doesn't fit
Sell Coinbase International live order book, 2 min ago	1.64 bp	12.3 bp −$12	18.8 bp −$188	doesn't fit	doesn't fit

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 −0.0254% / S +0.0399%	1h	60.775	−0.288%	$102K	—	200x	as long as short
Polymarket Perps LTC-USD	−0.0229%	1h	60.761	−0.310%	$93K	$612K	10x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.857	−0.153%	$337K	$4.3M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	60.799	−0.248%	$687K	$1.1M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	60.773	−0.290%	$30K	—	150x	as long as short
Variational Omni LTC	+0.0023%	8h	60.834	−0.190%	$3.6M	$2.6M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.642%	$5K	$22K	12x	as long as short
Lighter LTC	+0.0096%	1h	60.797	−0.251%	$935K	$1.7M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.780	−0.279%	$13K	$143K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.760	−0.311%	$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	60.775	−0.287%	$264K	$334K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	60.847	−0.169%	$38.1M	$26.2M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.791	−0.261%	$2.6M	$2.5M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.780	−0.278%	$531K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.763	−0.308%	$89.5M	$232.7M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.760	−0.312%	$77.2M	$61.9M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.750	−0.328%	$26.9M	$76.5M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.750	−0.328%	$12.9M	$22.1M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.770	−0.295%	$57.7M	$35.6M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.780	−0.279%	$18.1M	$13.1M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.760	−0.312%	$31.2M	$23.1M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	60.760	−0.312%	—	$38.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.762	−0.308%	$146K	$276K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.858	−0.150%	$41K	$376K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.856	−0.154%	$336K	$2.0M	10x	as long as short
ApeX Omni LTCUSDTlong	+0.0100%	1h	60.950	long leg	$107K	$716K	50x
SunX LTC-USDT	+0.0100%	8h	60.900	−0.082%	$17K	$3.9M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.770	−0.295%	$163	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.790	−0.263%	$2.0M	$5.0M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.780	−0.279%	$21.5M	$8.9M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.742	−0.341%	$675K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.775	−0.287%	$464K	—	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.880	−0.115%	$4.7M	$12.3M	50x	as long as short
Kraken Futures PF_LTCUSD	+0.0231%	1h	60.768	−0.299%	$6.6M	$6.5M	50x	as long as short
dYdX LTC-USD	+0.0237%	1h	60.788	−0.265%	$427K	$7K	10x	as long as short
Reya LTCRUSDPERP	+0.0337%	1h	60.761	−0.311%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTXshort	+0.0792%	1h	61.010	+0.098%	$1.1M	$2.4M	50x