LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0063%/8h= +7.0% APRnext payment +$0.08 per $10,000 · paid last 24h +0.004%

Price spread now: Nado against Backpack+0.076%7-day average +0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$19as in the Price arb table

costs, in and out, $10k−$260.257% of the position

Long on Backpack Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.007%+$1 on $10k

Price spread, last 3 days (all we have)+0.050%+$5 · spread now +0.076%, 7d avg +0.008%

Together, before fees+0.057%+ Points / potential airdropNado: Active · farm board+$6 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Nado is 0.068% dearer against Backpack than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.008%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack LTC_USDC_PERP	62.138	0.0037	pay 0.0005% / 1h	12m 50s	$160K	$268K	10x
Short	Nado LTC-PERP	62.185	0.0100	get 0.0012% / 1h	12m 50s	$253K	$327K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now +0.076%Rate

Funding earned: $13.33
Price spread: +0.076% → +0.008%: $6.78
Slippage, 4 orders: −$8.72
Fee Backpack: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$5.61
Costs to cover: 0.257%
Break-even: 9.9 days

Slippage from Backpack: live order book, 10 min ago; Nado: live order book, 10 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, 10 min ago	0.08 bp	7.2 bp −$7	doesn't fit	doesn't fit	doesn't fit
Sell Nado live order book, 10 min ago	0.56 bp	6.8 bp −$7	20.7 bp −$207	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
Polymarket Perps LTC-USD	−0.0314%	1h	62.148	+0.016%	$79K	$371K	10x	as long as short
Variational Omni LTC	−0.0083%	8h	62.342	+0.329%	$3.6M	$4.0M	—	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0030% / S +0.0260%	1h	62.194	+0.090%	$129K	—	200x	as long as short
Gate LTC_USDT	−0.0027%	8h	62.130	−0.013%	$12.8M	$20.9M	75x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	62.270	+0.212%	$331K	$4.0M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	62.214	+0.122%	$696K	$1.0M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	62.204	+0.106%	$31K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.485%	$5K	$22K	12x	as long as short
Backpack LTC_USDC_PERPlong	+0.0037%	1h	62.138	long leg	$160K	$268K	10x
Bybit LTCUSDT	+0.0091%	8h	62.110	−0.045%	$78.7M	$59.7M	75x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter LTC	+0.0096%	1h	62.209	+0.114%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	62.200	+0.100%	$12K	$212K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	62.255	+0.189%	$16K	$10K	20x	as long as short
Nado LTC-PERPshort	+0.0100%	1h	62.185	+0.076%	$253K	$327K	10x
Hyperliquid LTC	+0.0100%	1h	62.205	+0.108%	$38.2M	$23.1M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	62.190	+0.084%	$2.6M	$2.1M	75x	as long as short
Pacifica LTC	+0.0100%	1h	62.137	−0.002%	$544K	$84K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	62.130	−0.013%	$96.2M	$221.4M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	62.110	−0.045%	$27.6M	$75.0M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	62.140	+0.003%	$61.0M	$35.5M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	62.130	−0.013%	$18.8M	$12.1M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	62.110	−0.045%	$32.2M	$21.8M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	62.130	−0.013%	—	$37.5M	—	as long as short
edgeX LTCUSDC	+0.0100%	4h	62.326	+0.302%	$42K	$347K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	62.371	+0.375%	$345K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	62.330	+0.309%	$104K	$712K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	62.320	+0.293%	$17K	$4.2M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	62.170	+0.051%	$640	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	62.170	+0.051%	$1.9M	$4.9M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	62.210	+0.116%	$22.3M	$9.1M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	62.110	−0.046%	$694K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	62.185	+0.075%	$475K	$499	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	62.140	+0.003%	$4.9M	$11.8M	50x	as long as short
Kraken Futures PF_LTCUSD	+0.0227%	1h	62.217	+0.128%	$6.8M	$5.8M	50x	as long as short
Reya LTCRUSDPERP	+0.0334%	1h	62.173	+0.056%	$8K	—	25x	as long as short
dYdX LTC-USD	+0.0547%	1h	62.156	+0.029%	$437K	$8K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0712%	1h	62.510	+0.599%	$1.2M	$2.1M	50x	as long as short