LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.013%

Price spread now: Kalshi against Bybit+0.168%7-day average +0.029% · you sell dearer than you buy

Net, funding: paid 7d − costs−$55as in the Funding arb table

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$430.427% of the position

Long on Bybit Short on Kalshi

What this pair did over the last

the charts below follow

Funding, last 7 days−0.127%−$13 on $10k

Price spread, last 7 days−0.100%−$10 · spread now +0.168%, 7d avg +0.029%

Together, before fees−0.228%−$23 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Kalshi is 0.139% dearer against Bybit than usual: you sell high and buy low (spread +0.168% now, against its 7-day average of +0.029%): +$14 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit LTCUSDT	60.620	0.0100	pay 0.0100% / 8h	4h 25m	$76.4M	$60.6M	75x
Short	Kalshi KXLTCPERP	60.722	0	get 0.0000% / 8h	25m 00s	$340K	$4.4M	4x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi against Bybit. 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 BybitbpFee KalshibpOrdersPrice spread, now +0.168%Rate

Funding earned: −$21
Price spread: +0.168% → +0.029%: $13.88
Slippage, 4 orders: −$21.68
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$49.79
Costs to cover: 0.427%
Break-even: never at this rate

Slippage from Bybit: live order book, 4 min ago; Kalshi: live order book, 3 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 Bybit live order book, 4 min ago	0.82 bp	7.7 bp −$8	11.7 bp −$117	46.6 bp −$4,655	doesn't fit
Sell Kalshi live order book, 3 min ago	6.11 bp	13.4 bp −$13	22.6 bp −$226	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 −0.0323% / S +0.0428%	1h	60.677	+0.094%	$110K	—	200x	as long as short
Polymarket Perps LTC-USD	−0.0214%	1h	60.618	−0.003%	$79K	$397K	10x	as long as short
Kalshi KXLTCPERPshort	0.0000%	8h	60.722	+0.168%	$340K	$4.4M	4x
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	60.710	+0.148%	$688K	$1.1M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	60.684	+0.106%	$30K	—	150x	as long as short
Variational Omni LTC	+0.0024%	8h	60.534	−0.142%	$3.6M	$2.6M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.118%	$5K	$22K	12x	as long as short
Lighter LTC	+0.0096%	1h	60.679	+0.097%	$943K	$1.6M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.660	+0.066%	$13K	$175K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.642	+0.036%	$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	60.665	+0.074%	$267K	$333K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	60.681	+0.101%	$37.1M	$25.6M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.630	+0.016%	$2.6M	$2.6M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.653	+0.055%	$530K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.617	−0.005%	$90.0M	$229.7M	75x	as long as short
Bybit LTCUSDTlong	+0.0100%	8h	60.620	long leg	$76.4M	$60.6M	75x
OKX LTC-USDT-SWAP	+0.0100%	8h	60.620	0.000%	$26.8M	$75.2M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.630	+0.016%	$12.5M	$21.9M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.620	0.000%	$57.4M	$35.5M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.620	0.000%	$18.1M	$13.0M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.640	+0.033%	$32.2M	$22.4M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	60.620	0.000%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.629	+0.015%	$153K	$277K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.562	−0.095%	$41K	$373K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.600	−0.033%	$338K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.610	−0.016%	$108K	$718K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	60.770	+0.247%	$17K	$3.9M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.680	+0.099%	$163	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.620	0.000%	$1.9M	$5.0M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.690	+0.115%	$21.5M	$8.9M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.609	−0.019%	$671K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.669	+0.081%	$463K	—	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.650	+0.049%	$4.7M	$12.2M	50x	as long as short
Kraken Futures PF_LTCUSD	+0.0295%	1h	60.705	+0.140%	$6.7M	$6.2M	50x	as long as short
Reya LTCRUSDPERP	+0.0336%	1h	60.665	+0.074%	$8K	—	25x	as long as short
dYdX LTC-USD	+0.0363%	1h	60.628	+0.014%	$426K	$8K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0848%	1h	60.710	+0.148%	$1.1M	$2.3M	50x	as long as short