LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0650%/8h= +71.1% APRnext payment +$0.81 per $10,000 · paid last 24h +0.073%

Price spread now: Coinbase International against Hyperliquid+0.255%7-day average +0.021% · you sell dearer than you buy

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

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

costs, in and out, $10k−$310.307% of the position

Long on Hyperliquid Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.236%+$24 on $10k

Price spread, last 3 days (all we have)−0.351%−$35 · spread now +0.255%, 7d avg +0.021%

Together, before fees−0.115%+ Points / potential airdropHyperliquid: Season 2 · farm board−$12 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Coinbase International is 0.234% dearer against Hyperliquid than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of +0.021%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.236% in total (about 12.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.81 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid LTC	61.952	0.0110	pay 0.0014% / 1h	39m 05s	$38.0M	$23.1M	10x
Short	Coinbase International LTC-PERP-INTX	62.110	0.0760	get 0.0095% / 1h	39m 05s	$1.2M	$2.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Hyperliquid. 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 HyperliquidbpFee Coinbase InternationalbpOrdersPrice spread, now +0.255%Rate

Funding earned: $136.41
Price spread: +0.255% → +0.021%: $23.39
Slippage, 4 orders: −$11.74
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $129.06
Costs to cover: 0.307%
Break-even: 0.4 days

Slippage from Hyperliquid: live order book, 4 min ago; Coinbase International: live order book, 5 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 Hyperliquid live order book, 4 min ago	0.32 bp	5.8 bp −$6	doesn't fit	doesn't fit	doesn't fit
Sell Coinbase International live order book, 5 min ago	4.02 bp	9.0 bp −$9	14.9 bp −$149	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
Variational Omni LTC	−0.0073%	8h	62.048	+0.155%	$3.6M	$4.0M	—	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0054% / S +0.0266%	1h	61.954	+0.003%	$112K	—	200x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.937	−0.024%	$333K	$4.1M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	61.960	+0.013%	$31K	—	150x	as long as short
Gate LTC_USDT	+0.0013%	8h	61.890	−0.100%	$12.8M	$21.0M	75x	as long as short
Polymarket Perps LTC-USD	+0.0018%	1h	61.943	−0.015%	$81K	$374K	10x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.201%	$5K	$22K	12x	as long as short
Kraken Futures PF_LTCUSD	+0.0087%	1h	61.978	+0.042%	$6.8M	$5.7M	50x	as long as short
Lighter LTC	+0.0096%	1h	61.976	+0.039%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	61.950	−0.003%	$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	61.985	+0.054%	$16K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	61.980	+0.045%	$255K	$328K	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	61.971	+0.031%	$2.6M	$2.2M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.997	+0.073%	$543K	$84K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.900	−0.084%	$95.8M	$222.0M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	61.870	−0.132%	$78.4M	$59.6M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.890	−0.100%	$27.5M	$74.8M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.900	−0.084%	$62.4M	$34.5M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.960	+0.013%	$18.7M	$12.4M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.880	−0.116%	$32.1M	$21.8M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	61.890	−0.100%	—	$37.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	61.859	−0.150%	$159K	$265K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	62.036	+0.136%	$42K	$346K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.969	+0.028%	$344K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	62.010	+0.094%	$104K	$711K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	62.030	+0.126%	$18K	$4.2M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.940	−0.019%	$638	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	62.010	+0.094%	$1.9M	$4.8M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.900	−0.084%	$22.2M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	61.917	−0.056%	$691K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.954	+0.004%	$473K	$499	3x	as long as short
Hyperliquid LTClong	+0.0110%	1h	61.952	long leg	$38.0M	$23.1M	10x
Deribit LTC_USDC-PERPETUAL	+0.0154%	1h	61.972	+0.032%	$694K	$1.0M	50x	as long as short
BloFin LTC-USDT	+0.0220%	8h	61.950	−0.003%	$4.8M	$11.7M	50x	as long as short
Reya LTCRUSDPERP	+0.0334%	1h	61.974	+0.035%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTXshort	+0.0760%	1h	62.110	+0.255%	$1.2M	$2.2M	50x
dYdX LTC-USD	+0.0974%	1h	61.992	+0.065%	$436K	$8K	10x	as long as short