LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0708%/8h= −77.5% APRnext payment −$0.89 per $10,000 · paid last 24h −0.151%

Price spread now: Pacifica against Coinbase International+0.034%7-day average −0.103% · you sell dearer than you buy

Net, funding: paid 7d − costs−$92as in the Funding arb table

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

costs, in and out, $10k−$450.450% of the position

Long on Coinbase International Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.472%−$47 on $10k

Price spread, last 3 days (all we have)−0.083%−$8 · spread now +0.034%, 7d avg −0.103%

Together, before fees−0.555%+ Points / potential airdropPacifica: Active · farm board−$56 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Pacifica is 0.136% dearer against Coinbase International than usual: you sell high and buy low (spread +0.034% now, against its 7-day average of −0.103%): +$14 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 15 hours. At the pace of the last 7 days (−0.472% in total) that is about 2.0 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.472% in total (about -24.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.89 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	61.490	0.0808	pay 0.0101% / 1h	32m 39s	$1.2M	$2.2M	50x
Short	Pacifica LTC	61.511	0.0100	get 0.0013% / 1h	32m 39s	$538K	$85K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now +0.034%Rate

Funding earned: −$148.68
Price spread: +0.034% → −0.103%: $13.65
Slippage, 4 orders: −$26.99
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$180.03
Costs to cover: 0.450%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 1 min ago; Pacifica: live order book, 36 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	6.51 bp	11.5 bp −$12	17.4 bp −$174	doesn't fit	doesn't fit
Sell Pacifica live order book, 36 min ago	5.63 bp	9.8 bp −$10	doesn't fit	doesn't fit	doesn't fit

LTC on 36 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	−0.0270%	1h	61.298	−0.312%	$79K	$382K	10x	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0217% / S +0.0357%	1h	61.352	−0.224%	$111K	—	200x	as long as short
Variational Omni LTC	−0.0035%	8h	61.335	−0.251%	$3.6M	$2.6M	—	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.408	−0.133%	$289K	$4.2M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0005%	1h	61.354	−0.221%	$20K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−4.489%	$5K	$22K	12x	as long as short
Kraken Futures PF_LTCUSD	+0.0049%	1h	61.413	−0.125%	$6.8M	$5.8M	50x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0076%	1h	61.378	−0.182%	$700K	$1.1M	50x	as long as short
Lighter LTC	+0.0096%	1h	61.587	+0.158%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0100%	8h	61.340	−0.244%	$13K	$215K	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex LTC-USD-PERP	+0.0100%	8h	61.503	+0.021%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	61.325	−0.268%	$273K	$317K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	61.523	+0.054%	$37.3M	$23.9M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	61.507	+0.028%	$2.6M	$2.3M	75x	as long as short
Pacifica LTCshort	+0.0100%	1h	61.511	+0.034%	$538K	$85K	10x
Binance LTCUSDT	+0.0100%	8h	61.522	+0.051%	$93.7M	$221.2M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	61.500	+0.016%	$78.3M	$57.8M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.490	0.000%	$27.2M	$74.6M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	61.440	−0.081%	$12.9M	$20.7M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.510	+0.033%	$60.2M	$34.4M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.530	+0.065%	$18.5M	$13.0M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.500	+0.016%	$31.6M	$21.3M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	61.430	−0.098%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	61.355	−0.220%	$156K	$275K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	61.349	−0.230%	$41K	$374K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.382	−0.175%	$340K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.370	−0.195%	$103K	$715K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.420	−0.114%	$17K	$4.0M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.350	−0.228%	$164	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	61.290	−0.325%	$1.9M	$4.8M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.380	−0.179%	$21.9M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	61.414	−0.124%	$679K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.351	−0.226%	$468K	—	3x	as long as short
dYdX LTC-USD	+0.0266%	1h	61.520	+0.049%	$432K	$8K	10x	as long as short
Reya LTCRUSDPERP	+0.0336%	1h	61.321	−0.275%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTXlong	+0.0808%	1h	61.490	long leg	$1.2M	$2.2M	50x