LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0298%/8h= −32.6% APRnext payment −$0.37 per $10,000 · paid last 24h −0.174%

Price spread now: Kraken Futures against dYdX+0.077%7-day average +0.016% · you sell dearer than you buy

Net, funding: paid 7d − costs−$209as in the Funding arb table

Net, price: spread back to 7d avg − costs−$124as in the Price arb table

costs, in and out, $10k−$1301.299% of the position

Long on dYdX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−0.795%−$80 on $10k

Price spread, last 3 days (all we have)−0.094%−$9 · spread now +0.077%, 7d avg +0.016%

Together, before fees−0.890%−$89 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Kraken Futures is 0.060% dearer against dYdX than usual: you sell high and buy low (spread +0.077% now, against its 7-day average of +0.016%): +$6 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 16 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX LTC-USD	62.400	0.0524	pay 0.0066% / 1h	22m 50s	$439K	$8K	10x
Short	Kraken Futures PF_LTCUSD	62.448	0.0226	get 0.0028% / 1h	22m 50s	$6.9M	$5.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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

Position, each leg$Hold fordaysFee dYdXbpFee Kraken FuturesbpOrdersPrice spread, now +0.077%Rate

Funding earned: −$62.58
Price spread: +0.077% → +0.016%: $6.03
Slippage, 4 orders: −$109.94
Fee dYdX: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$186.49
Costs to cover: 1.299%
Break-even: never at this rate

Slippage from dYdX: live order book, 1 min ago; Kraken Futures: live order book, 6 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 dYdX live order book, 1 min ago	50.19 bp	55.2 bp −$55	55.2 bp −$552	55.2 bp −$5,519	123.1 bp −$61.5K
Sell Kraken Futures live order book, 6 min ago	2.41 bp	10.6 bp −$11	18.7 bp −$187	67.0 bp −$6,704	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
Polymarket Perps LTC-USD	−0.0301%	1h	62.340	−0.096%	$79K	$371K	10x	as long as short
Variational Omni LTC	−0.0084%	8h	62.333	−0.108%	$3.6M	$4.0M	—	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0028% / S +0.0259%	1h	62.403	+0.005%	$129K	—	200x	as long as short
Gate LTC_USDT	−0.0025%	8h	62.380	−0.032%	$12.8M	$20.9M	75x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	62.411	+0.018%	$348K	$4.0M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	62.437	+0.059%	$698K	$1.0M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	62.413	+0.020%	$31K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.881%	$5K	$22K	12x	as long as short
Backpack LTC_USDC_PERP	+0.0052%	1h	62.375	−0.040%	$161K	$268K	10x	as long as short
Bybit LTCUSDT	+0.0076%	8h	62.370	−0.048%	$79.0M	$59.7M	75x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter LTC	+0.0096%	1h	62.459	+0.095%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	62.400	0.000%	$12K	$212K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	62.385	−0.024%	$16K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	62.375	−0.040%	$256K	$326K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	62.444	+0.071%	$38.4M	$23.1M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	62.463	+0.101%	$2.6M	$2.1M	75x	as long as short
Pacifica LTC	+0.0100%	1h	62.389	−0.018%	$546K	$84K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	62.380	−0.032%	$96.5M	$221.4M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	62.360	−0.064%	$27.8M	$75.2M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	62.390	−0.016%	$61.9M	$35.3M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	62.400	0.000%	$18.8M	$12.1M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	62.400	0.000%	$32.4M	$21.8M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	62.380	−0.032%	—	$6.5M	—	as long as short
edgeX LTCUSDC	+0.0100%	4h	62.273	−0.203%	$42K	$345K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	62.289	−0.178%	$344K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	62.310	−0.144%	$104K	$711K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	62.480	+0.128%	$17K	$4.2M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	62.390	−0.016%	$643	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	62.370	−0.048%	$1.9M	$4.9M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	62.410	+0.016%	$22.3M	$9.1M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	62.362	−0.061%	$694K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	62.398	−0.003%	$476K	$499	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	62.370	−0.048%	$4.9M	$11.8M	50x	as long as short
Kraken Futures PF_LTCUSDshort	+0.0226%	1h	62.448	+0.077%	$6.9M	$5.8M	50x
Reya LTCRUSDPERP	+0.0334%	1h	62.383	−0.028%	$8K	—	25x	as long as short
dYdX LTC-USDlong	+0.0524%	1h	62.400	long leg	$439K	$8K	10x
Coinbase International LTC-PERP-INTX	+0.0712%	1h	62.350	−0.080%	$1.2M	$2.1M	50x	as long as short