Settings8H · net · $10k
Funding arb · Price arb /

LTC

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0388%/8h= −42.5% APRnext payment $0.49 per $10,000 · paid last 24h −0.108%
Price spread now: Hyperliquid against dYdX+0.063%7-day average +0.097% · you sell dearer than you buy
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$700.695% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.676%−$68 on $10k
Price spread, last 4 days (all we have)+0.065%+$6 · spread now +0.063%, 7d avg +0.097%
Together, before fees−0.611%+ Points / potential airdropHyperliquid: Season 2 · farm board−$61 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Hyperliquid is 0.034% cheaper against dYdX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.097%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX LTC-USD61.8900.0488pay 0.0061% / 1h40m 41s$435K$8K10x
ShortHyperliquid LTC61.9290.0100get 0.0013% / 1h40m 41s$38.0M$23.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against dYdX. 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

Funding earned
−$81.55
Price spread: +0.063% → +0.097%
−$3.37
Slippage, 4 orders
−$50.54
Fee dYdX: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$154.46
Costs to cover
0.695%
Break-even
never at this rate
Slippage from dYdX: live order book, 48 min ago; Hyperliquid: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy dYdX live order book, 48 min ago23.02 bp28.0 bp −$28164.4 bp −$1,644266.6 bp −$26.7K624.1 bp −$312.0K
Sell Hyperliquid live order book, 3 min ago0.64 bp6.5 bp −$7doesn't fitdoesn't fitdoesn't fit

LTC on 37 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps LTC-USD−0.0373%1h61.882−0.013%$79K$385K10xas long as short
Variational Omni LTC−0.0090%8h61.915+0.041%$3.6M$4.1Mas long as short
Gate LTC_USDT−0.0041%8h61.860−0.048%$12.7M$20.8M75xas long as short
GMX LTC/USD [ETH-USDC]L −0.0024% / S +0.0256%1h61.924+0.055%$128K200xas long as short
Backpack LTC_USDC_PERP−0.0019%1h61.867−0.037%$161K$268K10xas long as short
Kalshi KXLTCPERP0.0000%8h61.993+0.166%$345K$4.0M4xas long as short
Deribit LTC_USDC-PERPETUAL0.0000%1h61.940+0.081%$693K$1.0M50xas long as short
gTrade (Gains Network) LTC/USDL +0.0002% / S −0.0003%1h61.924+0.056%$31K150xas long as short
Injective LTC/USDC PERP+0.0033%1h58.730−5.106%$5K$22K12xas long as short
Bybit LTCUSDT+0.0050%8h61.860−0.048%$78.3M$59.5M75xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter LTC+0.0096%1h61.963+0.118%$1.3M$1.2M10xas long as short
Orderly PERP_LTC_USDC+0.0099%8h61.930+0.065%$12K$210K20xas long as short
Paradex LTC-USD-PERP+0.0100%8h61.872−0.029%$16K$10K20xas long as short
Nado LTC-PERP+0.0100%1h61.920+0.048%$255K$324K10xas long as short
Hyperliquid LTCshort+0.0100%1h61.929+0.063%$38.0M$23.1M10x
Aster LTCUSDT+0.0100%8h61.930+0.065%$2.6M$2.1M75xas long as short
Pacifica LTC+0.0100%1h61.884−0.010%$543K$83K10xas long as short
Binance LTCUSDT+0.0100%8h61.880−0.016%$95.8M$220.8M75xas long as short
OKX LTC-USDT-SWAP+0.0100%8h61.870−0.032%$27.6M$74.5M50xas long as short
MEXC LTC_USDT+0.0100%8h61.880−0.016%$61.3M$35.0M200xas long as short
KuCoin LTCUSDTM+0.0100%8h61.880−0.016%$18.7M$12.1M75xas long as short
Bitget LTCUSDT+0.0100%8h61.880−0.016%$31.9M$21.7M75xas long as short
BingX LTC-USDT+0.0100%8h61.880−0.016%$37.5Mas long as short
edgeX LTCUSDC+0.0100%4h61.928+0.061%$42K$344K20xas long as short
GRVT LTC_USDT_Perp+0.0100%8h61.920+0.048%$347K$2.0M10xas long as short
ApeX Omni LTCUSDT+0.0100%1h61.940+0.081%$103K$710K50xas long as short
SunX LTC-USDT+0.0100%8h62.050+0.259%$17K$4.2M30xas long as short
SoDEX LTC-USD+0.0100%1h61.900+0.016%$638$5K10xas long as short
HTX LTC-USDT+0.0100%8h61.920+0.048%$1.9M$4.9M75xas long as short
Phemex LTCUSDT+0.0100%8h61.940+0.081%$22.1M$9.0M50xas long as short
Extended LTC-USD+0.0104%1h61.861−0.047%$691K$1.1M25xas long as short
Aevo LTC-PERP+0.0104%1h61.905+0.024%$473K$4993xas long as short
BloFin LTC-USDT+0.0220%8h61.880−0.016%$4.9M$11.7M50xas long as short
Kraken Futures PF_LTCUSD+0.0228%1h61.958+0.110%$6.8M$5.8M50xas long as short
Reya LTCRUSDPERP+0.0334%1h61.911+0.033%$8K$19925xas long as short
dYdX LTC-USDlong+0.0488%1h61.890long leg$435K$8K10x
Coinbase International LTC-PERP-INTX+0.0712%1h62.110+0.355%$1.2M$2.1M50xas long as short