LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.007%

Price spread now: Extended against Backpack+0.146%7-day average −0.023% · you sell dearer than you buy

Net, funding: paid 7d − costs−$22as in the Funding arb table

Net, price: spread back to 7d avg − costs−$13as in the Price arb table

costs, in and out, $10k−$300.296% of the position

Long on Backpack Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.080%+$8 on $10k

Price spread, last 4 days (all we have)−0.047%−$5 · spread now +0.146%, 7d avg −0.023%

Together, before fees+0.033%+ Points / potential airdropExtended: Active · farm board+$3 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.169% dearer against Backpack than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of −0.023%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack LTC_USDC_PERP	60.985	0.0100	pay 0.0013% / 1h	22m 32s	$154K	$277K	10x
Short	Extended LTC-USD	61.074	0.0104	get 0.0013% / 1h	22m 32s	$675K	$1.1M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Backpack. 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 BackpackbpFee ExtendedbpOrdersPrice spread, now +0.146%Rate

Funding earned: $0.84
Price spread: +0.146% → −0.023%: $16.86
Slippage, 4 orders: −$14.55
Fee Backpack: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$11.85
Costs to cover: 0.296%
Break-even: 105.7 days

Slippage from Backpack: live order book, 41 min ago; Extended: live order book, 1 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 Backpack live order book, 41 min ago	0.08 bp	7.2 bp −$7	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 1 min ago	2.46 bp	7.9 bp −$8	12.9 bp −$129	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 −0.0274% / S +0.0403%	1h	61.004	+0.031%	$111K	—	200x	as long as short
Polymarket Perps LTC-USD	−0.0129%	1h	60.930	−0.090%	$80K	$390K	10x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.024	+0.064%	$318K	$4.3M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	61.007	+0.036%	$30K	—	150x	as long as short
Variational Omni LTC	+0.0008%	8h	60.833	−0.250%	$3.6M	$2.6M	—	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0012%	1h	61.033	+0.079%	$692K	$1.1M	50x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.698%	$5K	$22K	12x	as long as short
Lighter LTC	+0.0096%	1h	61.115	+0.213%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0100%	8h	60.980	−0.008%	$13K	$210K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	61.086	+0.165%	$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	60.985	0.000%	$266K	$326K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	61.115	+0.213%	$37.2M	$24.6M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	61.079	+0.154%	$2.6M	$2.5M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.070	+0.140%	$534K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.090	+0.172%	$91.5M	$225.3M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	61.070	+0.139%	$77.6M	$58.7M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.090	+0.172%	$26.9M	$74.3M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	61.100	+0.189%	$12.7M	$21.3M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.070	+0.139%	$57.5M	$34.8M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.070	+0.139%	$18.4M	$12.8M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.100	+0.189%	$32.7M	$22.2M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	61.090	+0.172%	—	$38.0M	—	as long as short
Backpack LTC_USDC_PERPlong	+0.0100%	1h	60.985	long leg	$154K	$277K	10x
edgeX LTCUSDC	+0.0100%	4h	60.903	−0.135%	$41K	$373K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.783	−0.331%	$344K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.960	−0.041%	$102K	$718K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.060	+0.123%	$17K	$3.9M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.000	+0.025%	$163	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.980	−0.008%	$2.0M	$4.8M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.030	+0.074%	$21.7M	$8.8M	50x	as long as short
Extended LTC-USDshort	+0.0104%	1h	61.074	+0.146%	$675K	$1.1M	25x
Aevo LTC-PERP	+0.0104%	1h	60.989	+0.006%	$466K	—	3x	as long as short
dYdX LTC-USD	+0.0212%	1h	61.078	+0.152%	$429K	$8K	10x	as long as short
BloFin LTC-USDT	+0.0220%	8h	61.020	+0.057%	$4.8M	$12.3M	50x	as long as short
Reya LTCRUSDPERP	+0.0336%	1h	60.985	0.000%	$8K	—	25x	as long as short
Kraken Futures PF_LTCUSD	+0.0349%	1h	61.035	+0.082%	$6.8M	$6.1M	50x	as long as short
Coinbase International LTC-PERP-INTX	+0.0832%	1h	61.170	+0.303%	$1.1M	$2.3M	50x	as long as short