LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0046%/8h= −5.0% APRnext payment −$0.06 per $10,000 · paid last 24h −0.009%

Price spread now: Nado against Deribit−0.097%7-day average −0.056% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$300.300% of the position

Long on Deribit Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.034%+$3 on $10k

Price spread, last 4 days (all we have)+0.048%+$5 · spread now −0.097%, 7d avg −0.056%

Together, before fees+0.082%+ Points / potential airdropNado: Active · farm board+$8 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Nado is 0.042% cheaper against Deribit than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.056%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit LTC_USDC-PERPETUAL	60.679	0.0146	pay 0.0018% / 1h	23m 47s	$686K	$1.1M	50x
Short	Nado LTC-PERP	60.620	0.0100	get 0.0012% / 1h	23m 47s	$264K	$333K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now −0.097%Rate

Funding earned: −$9.66
Price spread: −0.097% → −0.056%: −$4.16
Slippage, 4 orders: −$15.99
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$43.81
Costs to cover: 0.300%
Break-even: never at this rate

Slippage from Deribit: live order book, 5 min ago; Nado: live order book, 24 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, 5 min ago	4.14 bp	9.3 bp −$9	doesn't fit	doesn't fit	doesn't fit
Sell Nado live order book, 24 min ago	0.49 bp	6.8 bp −$7	17.6 bp −$176	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 −0.0229% / S +0.0381%	1h	60.634	−0.074%	$96K	—	200x	as long as short
Polymarket Perps LTC-USD	−0.0150%	1h	60.598	−0.133%	$85K	$649K	10x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.630	−0.081%	$332K	$4.3M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0002%	1h	60.634	−0.075%	$25K	—	150x	as long as short
Kraken Futures PF_LTCUSD	+0.0012%	1h	60.670	−0.014%	$6.6M	$6.5M	50x	as long as short
Variational Omni LTC	+0.0028%	8h	60.405	−0.452%	$3.5M	$2.6M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.212%	$5K	$22K	12x	as long as short
Lighter LTC	+0.0096%	1h	60.671	−0.013%	$932K	$1.7M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.640	−0.064%	$13K	$136K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.642	−0.061%	$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-PERPshort	+0.0100%	1h	60.620	−0.097%	$264K	$333K	10x
Aster LTCUSDT	+0.0100%	8h	60.633	−0.076%	$2.5M	$2.5M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.618	−0.101%	$530K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.627	−0.086%	$89.1M	$233.4M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.620	−0.097%	$76.7M	$61.6M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.620	−0.097%	$26.8M	$76.0M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.600	−0.130%	$13.2M	$22.1M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.610	−0.114%	$56.0M	$36.2M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.610	−0.114%	$17.9M	$13.1M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.620	−0.097%	$31.1M	$22.8M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	60.610	−0.114%	—	$18.3M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.633	−0.076%	$145K	$270K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.404	−0.454%	$41K	$374K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.520	−0.262%	$338K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.420	−0.427%	$106K	$715K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	60.730	+0.084%	$17K	$3.9M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.650	−0.048%	$163	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.610	−0.114%	$2.0M	$5.0M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.670	−0.015%	$21.5M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.598	−0.133%	$672K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.642	−0.061%	$463K	—	3x	as long as short
Deribit LTC_USDC-PERPETUALlong	+0.0146%	1h	60.679	long leg	$686K	$1.1M	50x
BloFin LTC-USDT	+0.0220%	8h	60.590	−0.147%	$4.1M	$12.4M	50x	as long as short
Hyperliquid LTC	+0.0240%	1h	60.676	−0.005%	$37.9M	$26.2M	10x	as long as short
Reya LTCRUSDPERP	+0.0337%	1h	60.616	−0.104%	$8K	—	25x	as long as short
dYdX LTC-USD	+0.0375%	1h	60.589	−0.148%	$426K	$7K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0728%	1h	60.960	+0.463%	$1.1M	$2.5M	50x	as long as short