Funding you earn now, next payment 04:00 UTC−0.0195%/8h= −21.4% APRpaid last 24h −0.002%
Price spread now: edgeX against Kraken Futures+0.091%76s7-day average −0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as 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−$460.462% of the position
Funding, last 7 days−0.035%−$4 on $10k
+Price spread, last 4 days (all we have)−0.119%−$12 · spread now +0.091%, 7d avg −0.035%
=Together, before fees−0.154%+ Points / potential airdropedgeX: Active · farm board−$15 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.125% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.091% now, against its 7-day average of −0.035%): +$13 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 2.1 days. At the pace of the last 7 days (−0.035% in total) that is about 25 days. The two prices were read 76 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 -0.035% in total (about -1.8% a year). A funding rate is set anew for every payment. 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 | Kraken Futures PF_LTCUSD | 60.605 | 0.0295 | pay 0.0037% / 1h | 25m 38s | $6.7M | $6.2M | 50x |
| Short | edgeX LTCUSDC | 60.660 | 0.0100 | get 0.0050% / 4h | 25m 38s | $41K | $375K | 20x |
Kraken Futures PF_LTCUSD
edgeX LTCUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$41.05
- Price spread: +0.091% → −0.035%
- $12.55
- Slippage, 4 orders
- −$27.17
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$74.67
- Costs to cover
- 0.462%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 3 min ago; edgeX: live order book, 33 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 | 4.12 bp | 11.5 bp −$12 | 19.0 bp −$190 | 73.7 bp −$7,371 | doesn't fit |
| Sell edgeX live order book, 33 min ago | 7.45 bp | 12.0 bp −$12 | 20.0 bp −$200 | 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 −0.0322% / S +0.0428% | 1h | 60.541 | −0.106% | $110K | — | 200x | as long as short |
| Polymarket Perps LTC-USD | −0.0220% | 1h | 60.494 | −0.183% | $79K | $397K | 10x | as long as short |
| Kalshi KXLTCPERP | 0.0000% | 8h | 60.602 | −0.005% | $339K | $4.4M | 4x | as long as short |
| Deribit LTC_USDC-PERPETUAL | 0.0000% | 1h | 60.590 | −0.025% | $686K | $1.1M | 50x | as long as short |
| gTrade (Gains Network) LTC/USD | L +0.0002% / S −0.0003% | 1h | 60.556 | −0.081% | $30K | — | 150x | as long as short |
| Variational Omni LTC | +0.0024% | 8h | 60.534 | −0.118% | $3.6M | $2.6M | — | as long as short |
| Injective LTC/USDC PERP | +0.0033% | 1h | 58.730 | −3.094% | $5K | $22K | 12x | as long as short |
| Lighter LTC | +0.0096% | 1h | 60.642 | +0.061% | $942K | $1.6M | 10x | as long as short |
| Orderly PERP_LTC_USDC | +0.0099% | 8h | 60.530 | −0.124% | $13K | $175K | 20x | as long as short |
| Paradex LTC-USD-PERP | +0.0100% | 8h | 60.642 | +0.061% | $14K | $10K | 20x | as long as short |
GMX LTC/USD [ETH-USDC]
Polymarket Perps LTC-USD
Kalshi KXLTCPERP
Deribit LTC_USDC-PERPETUAL
gTrade (Gains Network) LTC/USD
Variational Omni LTC
Injective LTC/USDC PERP
Lighter LTC
Orderly PERP_LTC_USDC
Paradex LTC-USD-PERPShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado LTC-PERP | +0.0100% | 1h | 60.590 | −0.025% | $267K | $333K | 10x | as long as short |
| Hyperliquid LTC | +0.0100% | 1h | 60.693 | +0.145% | $37.1M | $25.6M | 10x | as long as short |
| Aster LTCUSDT | +0.0100% | 8h | 60.639 | +0.056% | $2.6M | $2.6M | 75x | as long as short |
| Pacifica LTC | +0.0100% | 1h | 60.653 | +0.079% | $530K | $83K | 10x | as long as short |
| Binance LTCUSDT | +0.0100% | 8h | 60.649 | +0.073% | $90.0M | $229.7M | 75x | as long as short |
| Bybit LTCUSDT | +0.0100% | 8h | 60.650 | +0.074% | $76.5M | $60.6M | 75x | as long as short |
| OKX LTC-USDT-SWAP | +0.0100% | 8h | 60.660 | +0.090% | $26.8M | $75.3M | 50x | as long as short |
| Gate LTC_USDT | +0.0100% | 8h | 60.660 | +0.090% | $12.5M | $21.9M | 75x | as long as short |
| MEXC LTC_USDT | +0.0100% | 8h | 60.660 | +0.090% | $57.5M | $35.5M | 200x | as long as short |
| KuCoin LTCUSDTM | +0.0100% | 8h | 60.660 | +0.090% | $18.1M | $12.9M | 75x | as long as short |
| Bitget LTCUSDT | +0.0100% | 8h | 60.680 | +0.123% | $32.2M | $22.4M | 75x | as long as short |
| BingX LTC-USDC | +0.0100% | 8h | 60.670 | +0.107% | — | $6.5M | — | as long as short |
| Backpack LTC_USDC_PERP | +0.0100% | 1h | 60.558 | −0.078% | $153K | $277K | 10x | as long as short |
| edgeX LTCUSDCshort | +0.0100% | 4h | 60.660 | +0.091% | $41K | $375K | 20x | |
| GRVT LTC_USDT_Perp | +0.0100% | 8h | 60.687 | +0.135% | $337K | $1.9M | 10x | as long as short |
| ApeX Omni LTCUSDT | +0.0100% | 1h | 60.730 | +0.206% | $108K | $717K | 50x | as long as short |
| SunX LTC-USDT | +0.0100% | 8h | 60.650 | +0.074% | $18K | $3.9M | 30x | as long as short |
| SoDEX LTC-USD | +0.0100% | 1h | 60.570 | −0.058% | $162 | $5K | 10x | as long as short |
| HTX LTC-USDT | +0.0100% | 8h | 60.510 | −0.157% | $1.9M | $5.0M | 75x | as long as short |
| Phemex LTCUSDT | +0.0100% | 8h | 60.590 | −0.025% | $21.5M | $8.9M | 50x | as long as short |
| Extended LTC-USD | +0.0104% | 1h | 60.649 | +0.072% | $671K | $1.1M | 25x | as long as short |
| Aevo LTC-PERP | +0.0104% | 1h | 60.545 | −0.099% | $462K | — | 3x | as long as short |
| BloFin LTC-USDT | +0.0220% | 8h | 60.580 | −0.042% | $4.7M | $12.2M | 50x | as long as short |
| Kraken Futures PF_LTCUSDlong | +0.0295% | 1h | 60.605 | long leg | $6.7M | $6.2M | 50x | |
| Reya LTCRUSDPERP | +0.0336% | 1h | 60.545 | −0.099% | $8K | — | 25x | as long as short |
| dYdX LTC-USD | +0.0363% | 1h | 60.628 | +0.038% | $426K | $8K | 10x | as long as short |
| Coinbase International LTC-PERP-INTX | +0.0848% | 1h | 60.710 | +0.173% | $1.1M | $2.3M | 50x | as long as short |
Nado LTC-PERP
Hyperliquid LTC
Aster LTCUSDT
Pacifica LTC
Binance LTCUSDT
Bybit LTCUSDT
OKX LTC-USDT-SWAP
Gate LTC_USDT
MEXC LTC_USDT
KuCoin LTCUSDTM
Bitget LTCUSDT
BingX LTC-USDC
Backpack LTC_USDC_PERP
GRVT LTC_USDT_Perp
ApeX Omni LTCUSDT
SunX LTC-USDT
SoDEX LTC-USD
HTX LTC-USDT
Phemex LTCUSDT
Extended LTC-USD
Aevo LTC-PERP
BloFin LTC-USDT
Reya LTCRUSDPERP
dYdX LTC-USD
Coinbase International LTC-PERP-INTX