Funding you earn now, next payment 00:00 UTC+0.0333%/8h= +36.5% APRnext payment +$0.42 per $10,000 · paid last 24h −0.058%
Price spread now: Kraken Futures against Hyperliquid−0.012%50s7-day average −0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs−$49as 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−$370.373% of the position
Funding, last 7 days−0.118%−$12 on $10k
+Price spread, last 3 days (all we have)−0.103%−$10 · spread now −0.012%, 7d avg −0.077%
=Together, before fees−0.220%+ Points / potential airdropHyperliquid: Season 2 · farm board−$22 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Kraken Futures is 0.065% dearer against Hyperliquid than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.077%. Mind the row above: over the last 7 days funding on this pair cost −0.118%, so the current rate has only just turned in your favour. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.118% in total (about -6.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.42 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 | 62.010 | 0.0100 | pay 0.0013% / 1h | 32m 18s | $37.6M | $23.8M | 10x |
| Short | Kraken Futures PF_LTCUSD | 62.002 | 0.0433 | get 0.0054% / 1h | 32m 18s | $6.9M | $5.8M | 50x |
Hyperliquid LTC
Kraken Futures PF_LTCUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Hyperliquid. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $69.92
- Price spread: −0.012% → −0.077%
- $6.52
- Slippage, 4 orders
- −$18.3
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $39.14
- Costs to cover
- 0.373%
- Break-even
- 3.1 days
Slippage from Hyperliquid: live order book, 11 min ago; Kraken Futures: live order book, 2 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, 11 min ago | 0.08 bp | 5.7 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 2 min ago | 2.42 bp | 15.7 bp −$16 | 17.4 bp −$174 | 72.0 bp −$7,199 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX LTC/USD [ETH-USDC] | L −0.0108% / S +0.0296% | 1h | 61.970 | −0.064% | $113K | — | 200x | as long as short |
| Variational Omni LTC | −0.0043% | 8h | 61.908 | −0.164% | $3.6M | $4.0M | — | as long as short |
| Kalshi KXLTCPERP | 0.0000% | 8h | 62.001 | −0.014% | $314K | $4.2M | 4x | as long as short |
| gTrade (Gains Network) LTC/USD | L +0.0002% / S −0.0003% | 1h | 61.979 | −0.050% | $31K | — | 150x | as long as short |
| Injective LTC/USDC PERP | +0.0033% | 1h | 58.730 | −5.289% | $5K | $22K | 12x | as long as short |
| Polymarket Perps LTC-USD | +0.0076% | 1h | 61.921 | −0.143% | $85K | $378K | 10x | as long as short |
| Gate LTC_USDT | +0.0093% | 8h | 61.960 | −0.080% | $13.0M | $21.3M | 75x | as long as short |
| Orderly PERP_LTC_USDC | +0.0100% | 8h | 61.960 | −0.080% | $12K | $213K | 20x | as long as short |
| Paradex LTC-USD-PERP | +0.0100% | 8h | 61.948 | −0.099% | $14K | $10K | 20x | as long as short |
| Nado LTC-PERP | +0.0100% | 1h | 61.945 | −0.104% | $264K | $323K | 10x | as long as short |
GMX LTC/USD [ETH-USDC]
Variational Omni LTC
Kalshi KXLTCPERP
gTrade (Gains Network) LTC/USD
Injective LTC/USDC PERP
Polymarket Perps LTC-USD
Gate LTC_USDT
Orderly PERP_LTC_USDC
Paradex LTC-USD-PERP
Nado LTC-PERPShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid LTClong | +0.0100% | 1h | 62.010 | long leg | $37.6M | $23.8M | 10x | |
| Aster LTCUSDT | +0.0100% | 8h | 62.040 | +0.049% | $2.6M | $2.3M | 75x | as long as short |
| Pacifica LTC | +0.0100% | 1h | 61.956 | −0.087% | $542K | $87K | 10x | as long as short |
| Binance LTCUSDT | +0.0100% | 8h | 61.960 | −0.080% | $96.0M | $223.0M | 75x | as long as short |
| Bybit LTCUSDT | +0.0100% | 8h | 61.940 | −0.112% | $78.5M | $59.6M | 75x | as long as short |
| OKX LTC-USDT-SWAP | +0.0100% | 8h | 61.960 | −0.080% | $27.6M | $75.5M | 50x | as long as short |
| MEXC LTC_USDT | +0.0100% | 8h | 61.960 | −0.080% | $61.8M | $34.1M | 200x | as long as short |
| KuCoin LTCUSDTM | +0.0100% | 8h | 61.970 | −0.064% | $19.1M | $12.6M | 75x | as long as short |
| Bitget LTCUSDT | +0.0100% | 8h | 61.980 | −0.048% | $32.2M | $22.1M | 75x | as long as short |
| BingX LTC-USDT | +0.0100% | 8h | 61.940 | −0.112% | — | $37.7M | — | as long as short |
| Backpack LTC_USDC_PERP | +0.0100% | 1h | 61.950 | −0.096% | $159K | $266K | 10x | as long as short |
| edgeX LTCUSDC | +0.0100% | 4h | 61.967 | −0.068% | $42K | $356K | 20x | as long as short |
| GRVT LTC_USDT_Perp | +0.0100% | 8h | 61.940 | −0.112% | $350K | $1.9M | 10x | as long as short |
| ApeX Omni LTCUSDT | +0.0100% | 1h | 61.910 | −0.161% | $118K | $713K | 50x | as long as short |
| SunX LTC-USDT | +0.0100% | 8h | 62.040 | +0.049% | $17K | $4.1M | 30x | as long as short |
| SoDEX LTC-USD | +0.0100% | 1h | 61.980 | −0.048% | $638 | $5K | 10x | as long as short |
| HTX LTC-USDT | +0.0100% | 8h | 61.940 | −0.112% | $1.9M | $4.9M | 75x | as long as short |
| Phemex LTCUSDT | +0.0100% | 8h | 61.990 | −0.032% | $22.2M | $9.1M | 50x | as long as short |
| Extended LTC-USD | +0.0104% | 1h | 61.939 | −0.114% | $688K | $1.1M | 25x | as long as short |
| Aevo LTC-PERP | +0.0104% | 1h | 61.955 | −0.088% | $473K | $499 | 3x | as long as short |
| Deribit LTC_USDC-PERPETUAL | +0.0153% | 1h | 62.033 | +0.038% | $700K | $1.1M | 50x | as long as short |
| Lighter LTC | +0.0160% | 1h | 62.034 | +0.039% | $1.3M | $1.2M | 10x | as long as short |
| BloFin LTC-USDT | +0.0220% | 8h | 61.960 | −0.080% | $4.9M | $11.8M | 50x | as long as short |
| Reya LTCRUSDPERP | +0.0335% | 1h | 61.943 | −0.107% | $8K | — | 25x | as long as short |
| Kraken Futures PF_LTCUSDshort | +0.0433% | 1h | 62.002 | −0.012% | $6.9M | $5.8M | 50x | |
| dYdX LTC-USD | +0.0809% | 1h | 61.972 | −0.061% | $436K | $8K | 10x | as long as short |
| Coinbase International LTC-PERP-INTX | +0.0848% | 1h | 62.220 | +0.339% | $1.2M | $2.3M | 50x | as long as short |
Aster LTCUSDT
Pacifica LTC
Binance LTCUSDT
Bybit LTCUSDT
OKX LTC-USDT-SWAP
MEXC LTC_USDT
KuCoin LTCUSDTM
Bitget LTCUSDT
BingX LTC-USDT
Backpack LTC_USDC_PERP
edgeX LTCUSDC
GRVT LTC_USDT_Perp
ApeX Omni LTCUSDT
SunX LTC-USDT
SoDEX LTC-USD
HTX LTC-USDT
Phemex LTCUSDT
Extended LTC-USD
Aevo LTC-PERP
Deribit LTC_USDC-PERPETUAL
Lighter LTC
BloFin LTC-USDT
Reya LTCRUSDPERP
dYdX LTC-USD
Coinbase International LTC-PERP-INTX