LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0009%/8h= −1.0% APRnext payment −$0.09 per $10,000 · paid last 24h −0.001%

Price spread now: Bybit against GRVT−0.418%50s7-day average −0.020% · you buy dearer than you sell

Net, funding: paid 7d − costs−$37as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$380.384% of the position

Long on GRVT Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.010%+$1 on $10k

Price spread, last 7 days+0.412%+$41 · spread now −0.418%, 7d avg −0.020%

Together, before fees+0.422%+ Points / potential airdropGRVT: Active · farm board+$42 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Bybit is 0.398% cheaper against GRVT than usual: you would sell low and buy high (−$40 if the spread goes back to its 7-day average of −0.020%). Swap the legs. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT LTC_USDT_Perp	62.371	0.0100	pay 0.0100% / 8h	2h 12m	$345K	$2.0M	10x
Short	Bybit LTCUSDT	62.110	0.0091	get 0.0091% / 8h	2h 12m	$78.7M	$59.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against GRVT. 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 GRVTbpFee BybitbpOrdersPrice spread, now −0.418%Rate

Funding earned: −$1.98
Price spread: −0.418% → −0.020%: −$39.75
Slippage, 4 orders: −$18.43
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$80.16
Costs to cover: 0.384%
Break-even: never at this rate

Slippage from GRVT: live order book, 1 min ago; Bybit: 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 GRVT live order book, 1 min ago	0.80 bp	7.6 bp −$8	28.9 bp −$289	doesn't fit	doesn't fit
Sell Bybit live order book, 6 min ago	0.80 bp	10.5 bp −$11	16.8 bp −$168	49.4 bp −$4,942	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	−0.0314%	1h	62.148	−0.357%	$79K	$371K	10x	as long as short
Variational Omni LTC	−0.0083%	8h	62.342	−0.046%	$3.6M	$4.0M	—	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0030% / S +0.0260%	1h	62.194	−0.284%	$129K	—	200x	as long as short
Gate LTC_USDT	−0.0027%	8h	62.130	−0.386%	$12.8M	$20.9M	75x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	62.270	−0.161%	$331K	$4.0M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	62.214	−0.251%	$696K	$1.0M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	62.204	−0.268%	$31K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.837%	$5K	$22K	12x	as long as short
Backpack LTC_USDC_PERP	+0.0037%	1h	62.138	−0.373%	$160K	$268K	10x	as long as short
Bybit LTCUSDTshort	+0.0091%	8h	62.110	−0.418%	$78.7M	$59.7M	75x

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter LTC	+0.0096%	1h	62.209	−0.259%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	62.200	−0.274%	$12K	$212K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	62.255	−0.185%	$16K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	62.185	−0.298%	$253K	$327K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	62.205	−0.266%	$38.2M	$23.1M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	62.190	−0.290%	$2.6M	$2.1M	75x	as long as short
Pacifica LTC	+0.0100%	1h	62.137	−0.375%	$544K	$84K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	62.130	−0.386%	$96.2M	$221.4M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	62.110	−0.418%	$27.6M	$75.0M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	62.140	−0.370%	$61.0M	$35.5M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	62.130	−0.386%	$18.8M	$12.1M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	62.110	−0.418%	$32.2M	$21.8M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	62.130	−0.386%	—	$37.5M	—	as long as short
edgeX LTCUSDC	+0.0100%	4h	62.326	−0.072%	$42K	$347K	20x	as long as short
GRVT LTC_USDT_Perplong	+0.0100%	8h	62.371	long leg	$345K	$2.0M	10x
ApeX Omni LTCUSDT	+0.0100%	1h	62.330	−0.065%	$104K	$712K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	62.320	−0.081%	$17K	$4.2M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	62.170	−0.322%	$640	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	62.170	−0.322%	$1.9M	$4.9M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	62.210	−0.258%	$22.3M	$9.1M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	62.110	−0.418%	$694K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	62.185	−0.298%	$475K	$499	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	62.140	−0.370%	$4.9M	$11.8M	50x	as long as short
Kraken Futures PF_LTCUSD	+0.0227%	1h	62.217	−0.246%	$6.8M	$5.8M	50x	as long as short
Reya LTCRUSDPERP	+0.0334%	1h	62.173	−0.317%	$8K	—	25x	as long as short
dYdX LTC-USD	+0.0547%	1h	62.156	−0.344%	$437K	$8K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0712%	1h	62.510	+0.223%	$1.2M	$2.1M	50x	as long as short