Funding you earn now, next payment 03:00 UTC−0.0628%/8h= −68.8% APRpaid last 24h −0.125%
Price spread now: BloFin against Coinbase International−0.148%58s7-day average −0.108% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as 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−$440.440% of the position
Funding, last 7 days−0.240%−$24 on $10k
+Price spread, last 4 days (all we have)+0.201%+$20 · spread now −0.148%, 7d avg −0.108%
=Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and BloFin is 0.040% cheaper against Coinbase International than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.108%). Swap the legs. The two prices were read 58 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 -0.240% in total (about -12.5% a year). A funding rate is set anew for every payment. 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 | Coinbase International LTC-PERP-INTX | 60.830 | 0.0848 | pay 0.0106% / 1h | 28m 13s | $1.1M | $2.3M | 50x |
| Short | BloFin LTC-USDT | 60.740 | 0.0220 | get 0.0220% / 8h | 4h 28m | $4.7M | $12.2M | 50x |
Coinbase International LTC-PERP-INTX
BloFin LTC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Coinbase International. 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
- −$131.88
- Price spread: −0.148% → −0.108%
- −$3.96
- Slippage, 4 orders
- −$22.05
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$179.89
- Costs to cover
- 0.440%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 1 min ago; BloFin: live order book, 6 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 Coinbase International live order book, 1 min ago | 6.58 bp | 13.1 bp −$13 | 18.6 bp −$186 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 6 min ago | 0.83 bp | 10.8 bp −$11 | 16.1 bp −$161 | 35.8 bp −$3,583 | 77.2 bp −$38.6K |
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 −0.0320% / S +0.0427% | 1h | 60.598 | −0.381% | $110K | — | 200x | as long as short |
| Polymarket Perps LTC-USD | −0.0213% | 1h | 60.564 | −0.437% | $79K | $397K | 10x | as long as short |
| Kalshi KXLTCPERP | 0.0000% | 8h | 60.620 | −0.345% | $339K | $4.4M | 4x | as long as short |
| Deribit LTC_USDC-PERPETUAL | 0.0000% | 1h | 60.605 | −0.370% | $687K | $1.1M | 50x | as long as short |
| gTrade (Gains Network) LTC/USD | L +0.0002% / S −0.0003% | 1h | 60.600 | −0.378% | $30K | — | 150x | as long as short |
| Variational Omni LTC | +0.0024% | 8h | 60.664 | −0.272% | $3.6M | $2.6M | — | as long as short |
| Injective LTC/USDC PERP | +0.0033% | 1h | 58.730 | −3.452% | $5K | $22K | 12x | as long as short |
| Lighter LTC | +0.0096% | 1h | 60.585 | −0.403% | $942K | $1.6M | 10x | as long as short |
| Orderly PERP_LTC_USDC | +0.0099% | 8h | 60.570 | −0.427% | $13K | $175K | 20x | as long as short |
| Paradex LTC-USD-PERP | +0.0100% | 8h | 60.650 | −0.295% | $14K | $10K | 20x | as long as short |
GMX LTC/USD [ETH-USDC]
Polymarket Perps LTC-USD
Kalshi KXLTCPERP
Deribit LTC_USDC-PERPETUAL
gTrade (Gains Network) LTC/USD
Variational Omni LTC
Injective LTC/USDC PERP
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 | 60.620 | −0.345% | $267K | $333K | 10x | as long as short |
| Hyperliquid LTC | +0.0100% | 1h | 60.596 | −0.385% | $37.1M | $25.6M | 10x | as long as short |
| Aster LTCUSDT | +0.0100% | 8h | 60.657 | −0.284% | $2.6M | $2.6M | 75x | as long as short |
| Pacifica LTC | +0.0100% | 1h | 60.646 | −0.302% | $530K | $83K | 10x | as long as short |
| Binance LTCUSDT | +0.0100% | 8h | 60.526 | −0.500% | $89.8M | $229.5M | 75x | as long as short |
| Bybit LTCUSDT | +0.0100% | 8h | 60.530 | −0.493% | $76.3M | $60.5M | 75x | as long as short |
| OKX LTC-USDT-SWAP | +0.0100% | 8h | 60.520 | −0.510% | $26.7M | $75.1M | 50x | as long as short |
| Gate LTC_USDT | +0.0100% | 8h | 60.540 | −0.477% | $12.5M | $21.8M | 75x | as long as short |
| MEXC LTC_USDT | +0.0100% | 8h | 60.530 | −0.493% | $56.2M | $35.3M | 200x | as long as short |
| KuCoin LTCUSDTM | +0.0100% | 8h | 60.530 | −0.493% | $18.1M | $12.9M | 75x | as long as short |
| Bitget LTCUSDT | +0.0100% | 8h | 60.530 | −0.493% | $32.2M | $22.4M | 75x | as long as short |
| BingX LTC-USDT | +0.0100% | 8h | 60.540 | −0.477% | — | $38.3M | — | as long as short |
| Backpack LTC_USDC_PERP | +0.0100% | 1h | 60.524 | −0.503% | $152K | $278K | 10x | as long as short |
| edgeX LTCUSDC | +0.0100% | 4h | 60.660 | −0.279% | $41K | $375K | 20x | as long as short |
| GRVT LTC_USDT_Perp | +0.0100% | 8h | 60.687 | −0.235% | $337K | $1.9M | 10x | as long as short |
| ApeX Omni LTCUSDT | +0.0100% | 1h | 60.490 | −0.559% | $107K | $719K | 50x | as long as short |
| SunX LTC-USDT | +0.0100% | 8h | 60.670 | −0.263% | $17K | $3.9M | 30x | as long as short |
| SoDEX LTC-USD | +0.0100% | 1h | 60.560 | −0.444% | $162 | $5K | 10x | as long as short |
| HTX LTC-USDT | +0.0100% | 8h | 60.560 | −0.444% | $1.9M | $5.0M | 75x | as long as short |
| Phemex LTCUSDT | +0.0100% | 8h | 60.550 | −0.460% | $21.5M | $8.9M | 50x | as long as short |
| Extended LTC-USD | +0.0104% | 1h | 60.540 | −0.477% | $671K | $1.1M | 25x | as long as short |
| Aevo LTC-PERP | +0.0104% | 1h | 60.558 | −0.448% | $462K | — | 3x | as long as short |
| BloFin LTC-USDTshort | +0.0220% | 8h | 60.740 | −0.148% | $4.7M | $12.2M | 50x | |
| Kraken Futures PF_LTCUSD | +0.0295% | 1h | 60.610 | −0.361% | $6.7M | $6.2M | 50x | as long as short |
| Reya LTCRUSDPERP | +0.0336% | 1h | 60.636 | −0.319% | $8K | — | 25x | as long as short |
| dYdX LTC-USD | +0.0398% | 1h | 60.638 | −0.315% | $426K | $8K | 10x | as long as short |
| Coinbase International LTC-PERP-INTXlong | +0.0848% | 1h | 60.830 | long leg | $1.1M | $2.3M | 50x |
Nado LTC-PERP
Hyperliquid LTC
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
Phemex LTCUSDT
Extended LTC-USD
Aevo LTC-PERP
Kraken Futures PF_LTCUSD
Reya LTCRUSDPERP
dYdX LTC-USD