Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h −0.051%
Price spread now: Lighter against Hyperliquid+0.096%7-day average −0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$290.291% of the position
Funding, last 7 days−0.189%−$19 on $10k
+Price spread, last 4 days (all we have)−0.205%−$21 · spread now +0.096%, 7d avg −0.046%
=Together, before fees−0.394%+ Points / potential airdropHyperliquid: Season 2 · Lighter: Season 3 · farm board−$39 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.142% dearer against Hyperliquid than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.046%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid LTC | 61.384 | 0.0100 | pay 0.0013% / 1h | 33m 16s | $37.3M | $23.9M | 10x |
| Short | Lighter LTC | 61.443 | 0.0096 | get 0.0012% / 1h | 33m 16s | $1.3M | $1.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- −$0.84
- Price spread: +0.096% → −0.046%
- $14.2
- Slippage, 4 orders
- −$20.11
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$15.74
- Costs to cover
- 0.291%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 10 min ago; Lighter: live order book, 3 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, 10 min ago | 1.96 bp | 6.5 bp −$6 | 9.6 bp −$96 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 3 min ago | 4.39 bp | 5.2 bp −$5 | 14.5 bp −$145 | 147.4 bp −$14.7K | doesn't fit |
LTC on 36 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 | −0.0270% | 1h | 61.298 | −0.140% | $79K | $382K | 10x | as long as short |
| GMX LTC/USD [ETH-USDC] | L −0.0217% / S +0.0357% | 1h | 61.352 | −0.052% | $111K | — | 200x | as long as short |
| Variational Omni LTC | −0.0035% | 8h | 61.335 | −0.079% | $3.6M | $2.6M | — | as long as short |
| Kalshi KXLTCPERP | 0.0000% | 8h | 61.408 | +0.039% | $289K | $4.2M | 4x | as long as short |
| gTrade (Gains Network) LTC/USD | L +0.0002% / S −0.0005% | 1h | 61.354 | −0.049% | $20K | — | 150x | as long as short |
| Injective LTC/USDC PERP | +0.0033% | 1h | 58.730 | −4.324% | $5K | $22K | 12x | as long as short |
| Kraken Futures PF_LTCUSD | +0.0049% | 1h | 61.413 | +0.048% | $6.8M | $5.8M | 50x | as long as short |
| Deribit LTC_USDC-PERPETUAL | +0.0076% | 1h | 61.378 | −0.010% | $700K | $1.1M | 50x | as long as short |
| Lighter LTCshort | +0.0096% | 1h | 61.443 | +0.096% | $1.3M | $1.2M | 10x | |
| Orderly PERP_LTC_USDC | +0.0100% | 8h | 61.340 | −0.072% | $13K | $215K | 20x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex LTC-USD-PERP | +0.0100% | 8h | 61.333 | −0.083% | $14K | $10K | 20x | as long as short |
| Nado LTC-PERP | +0.0100% | 1h | 61.325 | −0.096% | $273K | $317K | 10x | as long as short |
| Hyperliquid LTClong | +0.0100% | 1h | 61.384 | long leg | $37.3M | $23.9M | 10x | |
| Aster LTCUSDT | +0.0100% | 8h | 61.451 | +0.109% | $2.6M | $2.3M | 75x | as long as short |
| Pacifica LTC | +0.0100% | 1h | 61.346 | −0.063% | $536K | $85K | 10x | as long as short |
| Binance LTCUSDT | +0.0100% | 8h | 61.370 | −0.023% | $93.5M | $221.2M | 75x | as long as short |
| Bybit LTCUSDT | +0.0100% | 8h | 61.350 | −0.055% | $78.1M | $57.8M | 75x | as long as short |
| OKX LTC-USDT-SWAP | +0.0100% | 8h | 61.340 | −0.072% | $27.2M | $74.6M | 50x | as long as short |
| Gate LTC_USDT | +0.0100% | 8h | 61.350 | −0.055% | $12.9M | $20.7M | 75x | as long as short |
| MEXC LTC_USDT | +0.0100% | 8h | 61.340 | −0.072% | $60.0M | $34.4M | 200x | as long as short |
| KuCoin LTCUSDTM | +0.0100% | 8h | 61.340 | −0.072% | $18.5M | $13.0M | 75x | as long as short |
| Bitget LTCUSDT | +0.0100% | 8h | 61.350 | −0.055% | $31.4M | $21.2M | 75x | as long as short |
| BingX LTC-USDT | +0.0100% | 8h | 61.350 | −0.055% | — | $37.7M | — | as long as short |
| Backpack LTC_USDC_PERP | +0.0100% | 1h | 61.447 | +0.103% | $156K | $275K | 10x | as long as short |
| edgeX LTCUSDC | +0.0100% | 4h | 61.349 | −0.057% | $41K | $374K | 20x | as long as short |
| GRVT LTC_USDT_Perp | +0.0100% | 8h | 61.382 | −0.003% | $340K | $2.0M | 10x | as long as short |
| ApeX Omni LTCUSDT | +0.0100% | 1h | 61.370 | −0.023% | $103K | $715K | 50x | as long as short |
| SunX LTC-USDT | +0.0100% | 8h | 61.420 | +0.059% | $17K | $4.0M | 30x | as long as short |
| SoDEX LTC-USD | +0.0100% | 1h | 61.350 | −0.055% | $164 | $5K | 10x | as long as short |
| HTX LTC-USDT | +0.0100% | 8h | 61.290 | −0.153% | $1.9M | $4.8M | 75x | as long as short |
| Phemex LTCUSDT | +0.0100% | 8h | 61.380 | −0.007% | $21.9M | $9.0M | 50x | as long as short |
| Extended LTC-USD | +0.0104% | 1h | 61.324 | −0.098% | $679K | $1.1M | 25x | as long as short |
| Aevo LTC-PERP | +0.0104% | 1h | 61.351 | −0.054% | $468K | — | 3x | as long as short |
| dYdX LTC-USD | +0.0257% | 1h | 61.358 | −0.043% | $431K | $8K | 10x | as long as short |
| Reya LTCRUSDPERP | +0.0336% | 1h | 61.321 | −0.102% | $8K | — | 25x | as long as short |
| Coinbase International LTC-PERP-INTX | +0.0808% | 1h | 61.490 | +0.173% | $1.2M | $2.2M | 50x | as long as short |
Hyperliquid LTC
Lighter LTC
Polymarket Perps LTC-USD
GMX LTC/USD [ETH-USDC]
Variational Omni LTC
Kalshi KXLTCPERP
gTrade (Gains Network) LTC/USD
Injective LTC/USDC PERP
Kraken Futures PF_LTCUSD
Deribit LTC_USDC-PERPETUAL
Paradex LTC-USD-PERP
Aster LTCUSDT
Pacifica LTC
Binance LTCUSDT
Bybit LTCUSDT
OKX LTC-USDT-SWAP
Gate LTC_USDT
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
Coinbase International LTC-PERP-INTX