LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0245%/8h= −26.8% APRnext payment −$0.31 per $10,000 · paid last 24h +0.001%

Price spread now: Extended against Kraken Futures−0.172%7-day average −0.066% · you buy dearer than you sell

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs−$46as in the Price arb table

costs, in and out, $10k−$360.358% of the position

Long on Kraken Futures Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.031%−$3 on $10k

Price spread, last 4 days (all we have)+0.146%+$15 · spread now −0.172%, 7d avg −0.066%

Together, before fees+0.115%+ Points / potential airdropExtended: Active · farm board+$12 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Extended is 0.105% cheaper against Kraken Futures than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.066%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.031% in total (about -1.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.31 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	Kraken Futures PF_LTCUSD	61.014	0.0349	pay 0.0044% / 1h	14m 47s	$6.7M	$6.1M	50x
Short	Extended LTC-USD	60.909	0.0104	get 0.0013% / 1h	14m 47s	$675K	$1.1M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.172%Rate

Funding earned: −$51.39
Price spread: −0.172% → −0.066%: −$10.52
Slippage, 4 orders: −$20.84
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$97.75
Costs to cover: 0.358%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 4 min ago; Extended: 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 Kraken Futures live order book, 4 min ago	2.46 bp	8.2 bp −$8	19.1 bp −$191	74.0 bp −$7,400	doesn't fit
Sell Extended live order book, 3 min ago	4.10 bp	6.6 bp −$7	11.5 bp −$115	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 −0.0280% / S +0.0406%	1h	60.974	−0.064%	$111K	—	200x	as long as short
Polymarket Perps LTC-USD	−0.0138%	1h	60.906	−0.176%	$80K	$390K	10x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.007	−0.011%	$318K	$4.3M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	61.001	−0.021%	$692K	$1.1M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	60.980	−0.055%	$30K	—	150x	as long as short
Variational Omni LTC	+0.0011%	8h	61.023	+0.016%	$3.6M	$2.6M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.743%	$5K	$22K	12x	as long as short
Lighter LTC	+0.0096%	1h	60.993	−0.034%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.980	−0.055%	$13K	$210K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.967	−0.076%	$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	60.985	−0.047%	$265K	$326K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	60.988	−0.042%	$37.1M	$24.6M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.973	−0.067%	$2.6M	$2.5M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.996	−0.029%	$533K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.930	−0.137%	$91.2M	$225.4M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.920	−0.153%	$77.4M	$58.7M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.930	−0.137%	$27.0M	$74.3M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.940	−0.121%	$12.7M	$21.4M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.920	−0.153%	$57.9M	$34.9M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.950	−0.104%	$18.3M	$12.8M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.940	−0.121%	$32.6M	$22.3M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	60.930	−0.137%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.950	−0.104%	$154K	$276K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	61.039	+0.042%	$41K	$375K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.043	+0.048%	$345K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.070	+0.092%	$102K	$716K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.040	+0.043%	$17K	$3.9M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.970	−0.071%	$163	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.970	−0.071%	$2.0M	$4.8M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.000	−0.022%	$21.7M	$8.8M	50x	as long as short
Extended LTC-USDshort	+0.0104%	1h	60.909	−0.172%	$675K	$1.1M	25x
Aevo LTC-PERP	+0.0104%	1h	60.965	−0.080%	$466K	—	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.950	−0.104%	$4.7M	$12.2M	50x	as long as short
dYdX LTC-USD	+0.0237%	1h	61.018	+0.007%	$429K	$8K	10x	as long as short
Reya LTCRUSDPERP	+0.0336%	1h	60.960	−0.088%	$8K	—	25x	as long as short
Kraken Futures PF_LTCUSDlong	+0.0349%	1h	61.014	long leg	$6.7M	$6.1M	50x
Coinbase International LTC-PERP-INTX	+0.0832%	1h	61.260	+0.404%	$1.1M	$2.3M	50x	as long as short