LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.060%

Price spread now: Deribit against Hyperliquid−0.018%7-day average −0.058% · you buy dearer than you sell

Net, funding: paid 7d − costs−$59as in the Funding arb table

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$300.305% of the position

Long on Hyperliquid Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.287%−$29 on $10k

Price spread, last 3 days (all we have)−0.094%−$9 · spread now −0.018%, 7d avg −0.058%

Together, before fees−0.381%+ Points / potential airdropHyperliquid: Season 2 · farm board−$38 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Deribit is 0.041% dearer against Hyperliquid than usual: you sell high and buy low (spread −0.018% now, against its 7-day average of −0.058%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 33 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid LTC	62.406	0.0100	pay 0.0013% / 1h	17m 59s	$38.4M	$23.1M	10x
Short	Deribit LTC_USDC-PERPETUAL	62.395	0	get 0.0000% / 1h	17m 59s	$698K	$1.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now −0.018%Rate

Funding earned: −$21
Price spread: −0.018% → −0.058%: $4.07
Slippage, 4 orders: −$14.49
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$47.41
Costs to cover: 0.305%
Break-even: never at this rate

Slippage from Hyperliquid: live order book, 5 min ago; Deribit: live order book, 1 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, 5 min ago	1.36 bp	6.8 bp −$7	doesn't fit	doesn't fit	doesn't fit
Sell Deribit live order book, 1 min ago	2.40 bp	9.1 bp −$9	13.7 bp −$137	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
Polymarket Perps LTC-USD	−0.0307%	1h	62.306	−0.160%	$79K	$371K	10x	as long as short
Variational Omni LTC	−0.0082%	8h	62.432	+0.041%	$3.6M	$4.0M	—	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0029% / S +0.0259%	1h	62.364	−0.067%	$129K	—	200x	as long as short
Gate LTC_USDT	−0.0027%	8h	62.330	−0.122%	$12.8M	$20.9M	75x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	62.375	−0.050%	$348K	$4.0M	4x	as long as short
Deribit LTC_USDC-PERPETUALshort	0.0000%	1h	62.395	−0.018%	$698K	$1.0M	50x
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	62.374	−0.052%	$31K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.890%	$5K	$22K	12x	as long as short
Backpack LTC_USDC_PERP	+0.0052%	1h	62.324	−0.131%	$161K	$268K	10x	as long as short
Bybit LTCUSDT	+0.0082%	8h	62.350	−0.090%	$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	62.433	+0.043%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	62.360	−0.074%	$12K	$212K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	62.338	−0.109%	$16K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	62.330	−0.122%	$253K	$327K	10x	as long as short
Hyperliquid LTClong	+0.0100%	1h	62.406	long leg	$38.4M	$23.1M	10x
Aster LTCUSDT	+0.0100%	8h	62.430	+0.038%	$2.6M	$2.1M	75x	as long as short
Pacifica LTC	+0.0100%	1h	62.351	−0.089%	$546K	$84K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	62.360	−0.074%	$96.5M	$221.3M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	62.350	−0.090%	$27.8M	$75.2M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	62.360	−0.074%	$61.6M	$35.3M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	62.360	−0.074%	$18.8M	$12.1M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	62.360	−0.074%	$32.4M	$21.8M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	62.340	−0.106%	—	$6.5M	—	as long as short
edgeX LTCUSDC	+0.0100%	4h	62.447	+0.065%	$42K	$346K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	62.388	−0.029%	$345K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	62.460	+0.087%	$104K	$711K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	62.450	+0.071%	$17K	$4.2M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	62.340	−0.106%	$642	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	62.330	−0.122%	$1.9M	$4.9M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	62.360	−0.074%	$22.3M	$9.1M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	62.343	−0.101%	$694K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	62.359	−0.075%	$476K	$499	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	62.360	−0.074%	$4.9M	$11.8M	50x	as long as short
Kraken Futures PF_LTCUSD	+0.0226%	1h	62.400	−0.009%	$6.9M	$5.8M	50x	as long as short
Reya LTCRUSDPERP	+0.0334%	1h	62.333	−0.116%	$8K	—	25x	as long as short
dYdX LTC-USD	+0.0536%	1h	62.360	−0.074%	$438K	$8K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0712%	1h	62.580	+0.279%	$1.2M	$2.1M	50x	as long as short