LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.03 per $10,000 · paid last 24h +0.061%

Price spread now: Hyperliquid against Kraken Futures+0.022%7-day average +0.078% · you sell dearer than you buy

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$43as in the Price arb table

costs, in and out, $10k−$380.376% of the position

Long on Kraken Futures Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days+0.119%+$12 on $10k

Price spread, last 3 days (all we have)+0.103%+$10 · spread now +0.022%, 7d avg +0.078%

Together, before fees+0.222%+ Points / potential airdropHyperliquid: Season 2 · farm board+$22 on $10k · with fees, hour by hour

Funding pays, the price is against you. Hyperliquid is 0.056% cheaper against Kraken Futures than usual: you would sell low and buy high (spread +0.022% now, against its 7-day average of +0.078%). If the spread goes back, that is −$6 on $10k: about 8.7 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.119% in total) that is about 3.3 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_LTCUSD	62.092	0.0087	pay 0.0011% / 1h	40m 17s	$6.8M	$5.7M	50x
Short	Hyperliquid LTC	62.106	0.0108	get 0.0014% / 1h	40m 17s	$38.1M	$23.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid 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 HyperliquidbpOrdersPrice spread, now +0.022%Rate

Funding earned: $4.52
Price spread: +0.022% → +0.078%: −$5.65
Slippage, 4 orders: −$18.61
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$38.74
Costs to cover: 0.376%
Break-even: 67.0 days

Slippage from Kraken Futures: live order book, 4 min ago; Hyperliquid: 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	0.81 bp	12.8 bp −$13	17.6 bp −$176	64.2 bp −$6,424	doesn't fit
Sell Hyperliquid live order book, 3 min ago	0.32 bp	6.9 bp −$7	doesn't fit	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
Variational Omni LTC	−0.0073%	8h	62.048	−0.072%	$3.6M	$4.0M	—	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0053% / S +0.0266%	1h	62.046	−0.075%	$113K	—	200x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	62.074	−0.030%	$334K	$4.1M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	62.049	−0.070%	$31K	—	150x	as long as short
Gate LTC_USDT	+0.0011%	8h	62.050	−0.068%	$12.9M	$21.0M	75x	as long as short
Polymarket Perps LTC-USD	+0.0018%	1h	61.994	−0.158%	$82K	$374K	10x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.415%	$5K	$22K	12x	as long as short
Kraken Futures PF_LTCUSDlong	+0.0087%	1h	62.092	long leg	$6.8M	$5.7M	50x
Lighter LTC	+0.0096%	1h	62.089	−0.005%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	62.050	−0.068%	$12K	$212K	20x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex LTC-USD-PERP	+0.0100%	8h	62.034	−0.094%	$16K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	62.023	−0.113%	$255K	$328K	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	62.102	+0.016%	$2.6M	$2.2M	75x	as long as short
Pacifica LTC	+0.0100%	1h	62.024	−0.111%	$543K	$84K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	62.050	−0.068%	$96.1M	$222.0M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	62.020	−0.117%	$78.6M	$59.6M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	62.040	−0.084%	$27.6M	$74.9M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	62.050	−0.068%	$62.5M	$34.5M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	62.040	−0.084%	$18.7M	$12.4M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	62.050	−0.068%	$32.2M	$21.8M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	62.050	−0.068%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	61.953	−0.225%	$159K	$265K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	61.979	−0.183%	$42K	$346K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.901	−0.308%	$344K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.920	−0.278%	$103K	$711K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	62.130	+0.061%	$18K	$4.2M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	62.060	−0.052%	$639	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	62.030	−0.101%	$1.9M	$4.8M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.990	−0.165%	$22.2M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	62.030	−0.100%	$691K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	62.064	−0.046%	$474K	$499	3x	as long as short
Hyperliquid LTCshort	+0.0108%	1h	62.106	+0.022%	$38.1M	$23.1M	10x
BloFin LTC-USDT	+0.0220%	8h	61.960	−0.213%	$4.8M	$11.7M	50x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0314%	1h	62.084	−0.014%	$695K	$1.0M	50x	as long as short
Reya LTCRUSDPERP	+0.0334%	1h	62.022	−0.114%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0760%	1h	62.120	+0.044%	$1.2M	$2.2M	50x	as long as short
dYdX LTC-USD	+0.0967%	1h	62.001	−0.148%	$436K	$8K	10x	as long as short