LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0867%/8h= −95.0% APRnext payment −$1.08 per $10,000 · paid last 24h −0.167%

Price spread now: Lighter against dYdX+0.121%7-day average +0.047% · 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−$115as in the Price arb table

costs, in and out, $10k−$1221.220% of the position

Long on dYdX Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days−0.869%−$87 on $10k

Price spread, last 4 days (all we have)−0.118%−$12 · spread now +0.121%, 7d avg +0.047%

Together, before fees−0.986%+ Points / potential airdropLighter: Season 3 · farm board−$99 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Lighter is 0.074% dearer against dYdX than usual: you sell high and buy low (spread +0.121% now, against its 7-day average of +0.047%): +$7 on $10k if it goes back. Holding the pair costs −$26 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−0.869% in total) that is about 14 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX LTC-USD	61.832	0.0963	pay 0.0120% / 1h	37m 30s	$435K	$8K	10x
Short	Lighter LTC	61.907	0.0096	get 0.0012% / 1h	37m 30s	$1.3M	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now +0.121%Rate

Funding earned: −$182.15
Price spread: +0.121% → +0.047%: $7.42
Slippage, 4 orders: −$111.98
Fee dYdX: 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: −$296.71
Costs to cover: 1.220%
Break-even: never at this rate

Slippage from dYdX: live order book, 47 min ago; Lighter: live order book, 4 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, 47 min ago	50.19 bp	55.2 bp −$55	55.2 bp −$552	55.2 bp −$5,519	123.1 bp −$61.5K
Sell Lighter live order book, 4 min ago	4.67 bp	5.9 bp −$6	12.1 bp −$121	127.9 bp −$12.8K	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
Variational Omni LTC	−0.0073%	8h	62.048	+0.349%	$3.6M	$4.0M	—	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0055% / S +0.0267%	1h	61.914	+0.133%	$112K	—	200x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.900	+0.110%	$333K	$4.1M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	61.919	+0.140%	$31K	—	150x	as long as short
Polymarket Perps LTC-USD	+0.0010%	1h	61.776	−0.091%	$81K	$374K	10x	as long as short
Gate LTC_USDT	+0.0015%	8h	61.820	−0.019%	$12.8M	$21.0M	75x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.017%	$5K	$22K	12x	as long as short
Kraken Futures PF_LTCUSD	+0.0087%	1h	61.908	+0.123%	$6.8M	$5.7M	50x	as long as short
Lighter LTCshort	+0.0096%	1h	61.907	+0.121%	$1.3M	$1.2M	10x
Orderly PERP_LTC_USDC	+0.0099%	8h	61.920	+0.142%	$12K	$212K	20x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex LTC-USD-PERP	+0.0100%	8h	61.823	−0.015%	$16K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	61.820	−0.019%	$254K	$328K	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	61.886	+0.087%	$2.6M	$2.2M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.837	+0.008%	$541K	$84K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.837	+0.009%	$95.7M	$221.8M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	61.790	−0.068%	$78.3M	$59.6M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.800	−0.052%	$27.4M	$74.7M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.830	−0.003%	$62.3M	$34.5M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.840	+0.013%	$18.7M	$12.4M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.810	−0.036%	$32.1M	$21.8M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	61.830	−0.003%	—	$37.4M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	61.830	−0.003%	$158K	$265K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	61.985	+0.247%	$42K	$346K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.899	+0.109%	$350K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.990	+0.256%	$104K	$711K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.930	+0.158%	$17K	$4.2M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.880	+0.078%	$637	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	61.910	+0.126%	$1.9M	$4.8M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.880	+0.078%	$22.2M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	61.808	−0.038%	$691K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.875	+0.070%	$472K	$499	3x	as long as short
Hyperliquid LTC	+0.0121%	1h	61.881	+0.079%	$38.0M	$23.1M	10x	as long as short
BloFin LTC-USDT	+0.0220%	8h	61.950	+0.191%	$4.8M	$11.7M	50x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0234%	1h	61.950	+0.191%	$694K	$1.0M	50x	as long as short
Reya LTCRUSDPERP	+0.0334%	1h	61.792	−0.064%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0760%	1h	62.050	+0.353%	$1.2M	$2.2M	50x	as long as short
dYdX LTC-USDlong	+0.0963%	1h	61.832	long leg	$435K	$8K	10x