LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0130%/8h= −14.3% APRnext payment −$0.16 per $10,000 · paid last 24h +0.002%

Price spread now: Lighter against Kraken Futures+0.053%7-day average +0.033% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$320.318% of the position

Long on Kraken Futures Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days−0.069%−$7 on $10k

Price spread, last 3 days (all we have)−0.020%−$2 · spread now +0.053%, 7d avg +0.033%

Together, before fees−0.090%+ Points / potential airdropLighter: Season 3 · farm board−$9 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.033%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_LTCUSD	62.380	0.0226	pay 0.0028% / 1h	25m 12s	$6.9M	$5.8M	50x
Short	Lighter LTC	62.413	0.0096	get 0.0012% / 1h	25m 12s	$1.3M	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now +0.053%Rate

Funding earned: −$27.37
Price spread: +0.053% → +0.033%: $1.99
Slippage, 4 orders: −$21.81
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: −$57.19
Costs to cover: 0.318%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 4 min ago; Lighter: live order book, 1 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	2.41 bp	9.0 bp −$9	13.3 bp −$133	65.3 bp −$6,526	doesn't fit
Sell Lighter live order book, 1 min ago	4.41 bp	6.7 bp −$7	12.0 bp −$120	129.4 bp −$12.9K	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
Polymarket Perps LTC-USD	−0.0303%	1h	62.272	−0.173%	$79K	$371K	10x	as long as short
Variational Omni LTC	−0.0084%	8h	62.333	−0.075%	$3.6M	$4.0M	—	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0028% / S +0.0258%	1h	62.338	−0.066%	$129K	—	200x	as long as short
Gate LTC_USDT	−0.0027%	8h	62.300	−0.128%	$12.8M	$20.9M	75x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	62.353	−0.043%	$348K	$4.0M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	62.375	−0.008%	$698K	$1.0M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	62.343	−0.059%	$31K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.851%	$5K	$22K	12x	as long as short
Backpack LTC_USDC_PERP	+0.0046%	1h	62.336	−0.070%	$161K	$268K	10x	as long as short
Bybit LTCUSDT	+0.0071%	8h	62.320	−0.096%	$78.9M	$59.7M	75x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter LTCshort	+0.0096%	1h	62.413	+0.053%	$1.3M	$1.2M	10x
Orderly PERP_LTC_USDC	+0.0099%	8h	62.340	−0.064%	$12K	$212K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	62.318	−0.100%	$16K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	62.300	−0.128%	$255K	$326K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	62.391	+0.018%	$38.3M	$23.1M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	62.406	+0.042%	$2.6M	$2.1M	75x	as long as short
Pacifica LTC	+0.0100%	1h	62.330	−0.080%	$545K	$84K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	62.340	−0.064%	$96.4M	$221.5M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	62.320	−0.096%	$27.8M	$75.1M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	62.340	−0.064%	$61.8M	$35.3M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	62.350	−0.048%	$18.8M	$12.1M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	62.320	−0.096%	$32.3M	$21.8M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	62.310	−0.112%	—	$37.5M	—	as long as short
edgeX LTCUSDC	+0.0100%	4h	62.273	−0.171%	$42K	$345K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	62.289	−0.146%	$344K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	62.310	−0.112%	$104K	$711K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	62.430	+0.080%	$17K	$4.2M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	62.330	−0.080%	$642	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	62.290	−0.144%	$1.9M	$4.9M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	62.350	−0.048%	$22.3M	$9.1M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	62.310	−0.112%	$694K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	62.337	−0.069%	$476K	$499	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	62.310	−0.112%	$4.9M	$11.8M	50x	as long as short
Kraken Futures PF_LTCUSDlong	+0.0226%	1h	62.380	long leg	$6.9M	$5.8M	50x
Reya LTCRUSDPERP	+0.0334%	1h	62.314	−0.106%	$8K	$199	25x	as long as short
dYdX LTC-USD	+0.0512%	1h	62.337	−0.069%	$438K	$8K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0712%	1h	62.350	−0.048%	$1.2M	$2.1M	50x	as long as short