LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0744%/8h= −81.5% APRnext payment −$0.93 per $10,000 · paid last 24h −0.160%

Price spread now: Extended against Coinbase International−0.085%7-day average −0.168% · you buy dearer than you sell

Net, funding: paid 7d − costs−$82as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$390.392% of the position

Long on Coinbase International Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.426%−$43 on $10k

Price spread, last 4 days (all we have)+0.091%+$9 · spread now −0.085%, 7d avg −0.168%

Together, before fees−0.335%+ Points / potential airdropExtended: Active · farm board−$34 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Extended is 0.083% dearer against Coinbase International than usual: you sell high and buy low (spread −0.085% now, against its 7-day average of −0.168%): +$8 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.426% in total) that is about 33 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.426% in total (about -22.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.93 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	Coinbase International LTC-PERP-INTX	60.430	0.0848	pay 0.0106% / 1h	52m 44s	$1.1M	$2.3M	50x
Short	Extended LTC-USD	60.379	0.0104	get 0.0013% / 1h	52m 44s	$668K	$1.1M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Coinbase International. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Coinbase InternationalbpFee ExtendedbpOrdersPrice spread, now −0.085%Rate

Funding earned: −$156.24
Price spread: −0.085% → −0.168%: $8.29
Slippage, 4 orders: −$24.19
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$187.14
Costs to cover: 0.392%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 1 min ago; Extended: live order book, just now.

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	4.13 bp	12.2 bp −$12	20.2 bp −$202	doesn't fit	doesn't fit
Sell Extended live order book, just now	4.14 bp	6.6 bp −$7	17.4 bp −$174	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 −0.0300% / S +0.0416%	1h	60.409	−0.035%	$110K	—	200x	as long as short
Polymarket Perps LTC-USD	−0.0196%	1h	60.350	−0.132%	$79K	$397K	10x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.419	−0.018%	$339K	$4.4M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	60.414	−0.026%	$30K	—	150x	as long as short
Variational Omni LTC	+0.0014%	8h	60.475	+0.075%	$3.5M	$2.6M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−2.813%	$5K	$22K	12x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0048%	1h	60.441	+0.018%	$685K	$1.1M	50x	as long as short
Lighter LTC	+0.0096%	1h	60.387	−0.071%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.390	−0.066%	$13K	$190K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.311	−0.197%	$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	60.385	−0.074%	$265K	$333K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	60.442	+0.020%	$36.7M	$24.8M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.411	−0.031%	$2.6M	$2.5M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.359	−0.117%	$528K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.330	−0.166%	$89.7M	$228.4M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.320	−0.182%	$76.2M	$59.9M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.320	−0.182%	$26.7M	$74.5M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.390	−0.066%	$12.4M	$21.6M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.330	−0.165%	$56.2M	$35.1M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.390	−0.066%	$18.2M	$12.8M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.390	−0.066%	$32.1M	$22.5M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	60.400	−0.050%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.389	−0.068%	$152K	$278K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.406	−0.040%	$41K	$374K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.425	−0.009%	$336K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.350	−0.132%	$101K	$715K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	60.490	+0.099%	$17K	$3.9M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.420	−0.017%	$162	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.360	−0.116%	$2.0M	$5.0M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.430	0.000%	$21.4M	$8.9M	50x	as long as short
Extended LTC-USDshort	+0.0104%	1h	60.379	−0.085%	$668K	$1.1M	25x
Aevo LTC-PERP	+0.0104%	1h	60.405	−0.041%	$461K	—	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.390	−0.066%	$4.7M	$12.1M	50x	as long as short
Kraken Futures PF_LTCUSD	+0.0296%	1h	60.435	+0.008%	$6.7M	$6.2M	50x	as long as short
Reya LTCRUSDPERP	+0.0336%	1h	60.405	−0.041%	$8K	—	25x	as long as short
dYdX LTC-USD	+0.0403%	1h	60.360	−0.116%	$424K	$8K	10x	as long as short
Coinbase International LTC-PERP-INTXlong	+0.0848%	1h	60.430	long leg	$1.1M	$2.3M	50x