LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0580%/8h= +63.6% APRnext payment +$0.73 per $10,000 · paid last 24h +0.162%

Price spread now: Coinbase International against Kraken Futures+0.262%7-day average +0.104% · you sell dearer than you buy

Net, funding: paid 7d − costs−$4as in the Funding arb table

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$450.452% of the position

Long on Kraken Futures Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.410%+$41 on $10k

Price spread, last 4 days (all we have)−0.207%−$21 · spread now +0.262%, 7d avg +0.104%

Together, before fees+0.202%+$20 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Coinbase International is 0.158% dearer against Kraken Futures than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.104%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_LTCUSD	60.731	0.0132	pay 0.0016% / 1h	36m 24s	$6.6M	$6.6M	50x
Short	Coinbase International LTC-PERP-INTX	60.890	0.0712	get 0.0089% / 1h	36m 24s	$1.1M	$2.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Kraken Futures. 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 Kraken FuturesbpFee Coinbase InternationalbpOrdersPrice spread, now +0.262%Rate

Funding earned: $121.9
Price spread: +0.262% → +0.104%: $15.76
Slippage, 4 orders: −$25.17
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $92.48
Costs to cover: 0.452%
Break-even: 1.7 days

Slippage from Kraken Futures: live order book, 3 min ago; Coinbase International: 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 Kraken Futures live order book, 3 min ago	0.82 bp	10.7 bp −$11	23.1 bp −$231	73.0 bp −$7,298	doesn't fit
Sell Coinbase International live order book, 2 min ago	6.57 bp	12.4 bp −$12	16.8 bp −$168	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
GMX LTC/USD [ETH-USDC]	L −0.0042% / S +0.0175%	1h	60.633	−0.161%	$75K	—	200x	as long as short
Polymarket Perps LTC-USD	−0.0016%	1h	60.609	−0.201%	$82K	$740K	10x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.733	+0.003%	$349K	$4.3M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0002%	1h	60.645	−0.141%	$25K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.295%	$5K	$22K	12x	as long as short
Variational Omni LTC	+0.0035%	8h	60.764	+0.055%	$3.5M	$2.7M	—	as long as short
Lighter LTC	+0.0096%	1h	60.687	−0.073%	$935K	$1.7M	10x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0096%	1h	60.740	+0.015%	$686K	$1.1M	50x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.630	−0.167%	$13K	$123K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.668	−0.105%	$14K	$10K	20x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado LTC-PERP	+0.0100%	1h	60.645	−0.142%	$265K	$340K	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.670	−0.101%	$2.5M	$2.6M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.667	−0.106%	$530K	$82K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.620	−0.183%	$88.9M	$234.3M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.600	−0.216%	$76.8M	$61.8M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.610	−0.199%	$26.8M	$76.3M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.620	−0.183%	$13.5M	$22.1M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.620	−0.183%	$56.4M	$36.1M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.640	−0.150%	$18.2M	$13.4M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.630	−0.167%	$31.2M	$22.9M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	60.630	−0.167%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.684	−0.078%	$142K	$270K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.710	−0.035%	$41K	$375K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.801	+0.114%	$340K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.860	+0.212%	$107K	$714K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	60.800	+0.113%	$17K	$3.8M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.700	−0.051%	$163	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.680	−0.084%	$2.0M	$5.0M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.710	−0.035%	$21.4M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.635	−0.158%	$639K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.705	−0.043%	$464K	—	3x	as long as short
Kraken Futures PF_LTCUSDlong	+0.0132%	1h	60.731	long leg	$6.6M	$6.6M	50x
BloFin LTC-USDT	+0.0220%	8h	60.660	−0.117%	$4.2M	$12.5M	50x	as long as short
Reya LTCRUSDPERP	+0.0338%	1h	60.601	−0.214%	$8K	—	25x	as long as short
Hyperliquid LTC	+0.0347%	1h	60.689	−0.069%	$38.2M	$26.5M	10x	as long as short
dYdX LTC-USD	+0.0354%	1h	60.640	−0.151%	$426K	$7K	10x	as long as short
Coinbase International LTC-PERP-INTXshort	+0.0712%	1h	60.890	+0.262%	$1.1M	$2.5M	50x