LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.043%

Price spread now: Hyperliquid against Deribit+0.061%7-day average +0.057% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1as in the Funding arb table

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

costs, in and out, $10k−$300.298% of the position

Long on Deribit Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days+0.284%+$28 on $10k

Price spread, last 4 days (all we have)+0.064%+$6 · spread now +0.061%, 7d avg +0.057%

Together, before fees+0.348%+ Points / potential airdropHyperliquid: Season 2 · farm board+$35 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.057%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit LTC_USDC-PERPETUAL	61.122	0	get 0.0000% / 1h	20m 56s	$693K	$1.1M	50x
Short	Hyperliquid LTC	61.159	0.0100	get 0.0013% / 1h	20m 56s	$37.2M	$24.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against Deribit. 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 DeribitbpFee HyperliquidbpOrdersPrice spread, now +0.061%Rate

Funding earned: $21
Price spread: +0.061% → +0.057%: $0.36
Slippage, 4 orders: −$13.8
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$8.44
Costs to cover: 0.298%
Break-even: 9.8 days

Slippage from Deribit: live order book, 3 min ago; Hyperliquid: live order book, 12 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 Deribit live order book, 3 min ago	4.10 bp	9.2 bp −$9	15.1 bp −$151	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 12 min ago	0.08 bp	6.8 bp −$7	doesn't fit	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 −0.0275% / S +0.0404%	1h	61.092	−0.049%	$111K	—	200x	as long as short
Polymarket Perps LTC-USD	−0.0132%	1h	61.040	−0.134%	$80K	$390K	10x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.092	−0.049%	$318K	$4.3M	4x	as long as short
Deribit LTC_USDC-PERPETUALlong	0.0000%	1h	61.122	long leg	$693K	$1.1M	50x
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	61.095	−0.045%	$30K	—	150x	as long as short
Variational Omni LTC	+0.0010%	8h	61.074	−0.079%	$3.6M	$2.6M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.913%	$5K	$22K	12x	as long as short
Lighter LTC	+0.0096%	1h	61.159	+0.061%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	61.070	−0.085%	$13K	$210K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	61.091	−0.051%	$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	61.065	−0.093%	$266K	$326K	10x	as long as short
Hyperliquid LTCshort	+0.0100%	1h	61.159	+0.061%	$37.2M	$24.6M	10x
Aster LTCUSDT	+0.0100%	8h	61.115	−0.012%	$2.6M	$2.5M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.075	−0.078%	$534K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.099	−0.037%	$91.5M	$225.4M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	61.090	−0.052%	$77.6M	$58.7M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.090	−0.052%	$26.9M	$74.3M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	61.100	−0.036%	$12.7M	$21.3M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.100	−0.036%	$57.5M	$34.8M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.100	−0.036%	$18.4M	$12.8M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.110	−0.020%	$32.7M	$22.2M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	61.100	−0.036%	—	$38.1M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	61.084	−0.062%	$154K	$277K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.903	−0.359%	$41K	$373K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.002	−0.196%	$345K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.000	−0.200%	$102K	$717K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.150	+0.046%	$17K	$3.9M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.090	−0.052%	$164	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	61.070	−0.085%	$2.0M	$4.8M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.120	−0.003%	$21.7M	$8.8M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	61.069	−0.086%	$675K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.085	−0.061%	$466K	—	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	61.090	−0.052%	$4.8M	$12.3M	50x	as long as short
dYdX LTC-USD	+0.0220%	1h	61.044	−0.128%	$429K	$8K	10x	as long as short
Reya LTCRUSDPERP	+0.0336%	1h	61.095	−0.044%	$8K	—	25x	as long as short
Kraken Futures PF_LTCUSD	+0.0348%	1h	61.120	−0.004%	$6.8M	$6.1M	50x	as long as short
Coinbase International LTC-PERP-INTX	+0.0832%	1h	61.260	+0.226%	$1.1M	$2.3M	50x	as long as short