LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0332%/8h= −36.4% APRnext payment −$0.42 per $10,000 · paid last 24h −0.002%

Price spread now: Nado against Kraken Futures−0.032%7-day average −0.037% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$390.386% of the position

Long on Kraken Futures Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.001%$0 on $10k

Price spread, last 3 days (all we have)+0.007%+$1 · spread now −0.032%, 7d avg −0.037%

Together, before fees+0.008%+ Points / potential airdropNado: Active · farm board+$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.037%, so right now this pair is about funding alone: −$10 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.001% in total (about 0.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.42 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	62.089	0.0432	pay 0.0054% / 1h	49m 35s	$6.9M	$5.8M	50x
Short	Nado LTC-PERP	62.070	0.0100	get 0.0012% / 1h	49m 35s	$258K	$322K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now −0.032%Rate

Funding earned: −$69.79
Price spread: −0.032% → −0.037%: $0.5
Slippage, 4 orders: −$21.65
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$107.94
Costs to cover: 0.386%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 4 min ago; Nado: live order book, 28 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	3.22 bp	13.8 bp −$14	20.3 bp −$203	68.2 bp −$6,824	doesn't fit
Sell Nado live order book, 28 min ago	0.73 bp	7.0 bp −$7	23.4 bp −$234	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 −0.0094% / S +0.0289%	1h	62.064	−0.041%	$113K	—	200x	as long as short
Variational Omni LTC	−0.0047%	8h	62.027	−0.100%	$3.6M	$4.0M	—	as long as short
Kalshi KXLTCPERP	0.0000%	8h	62.100	+0.017%	$339K	$4.1M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	62.069	−0.033%	$31K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.411%	$5K	$22K	12x	as long as short
Gate LTC_USDT	+0.0077%	8h	62.060	−0.047%	$13.0M	$21.2M	75x	as long as short
Orderly PERP_LTC_USDC	+0.0100%	8h	62.060	−0.047%	$12K	$213K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	62.046	−0.069%	$14K	$10K	20x	as long as short
Nado LTC-PERPshort	+0.0100%	1h	62.070	−0.032%	$258K	$322K	10x
Hyperliquid LTC	+0.0100%	1h	62.125	+0.057%	$37.6M	$23.7M	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster LTCUSDT	+0.0100%	8h	62.160	+0.114%	$2.7M	$2.3M	75x	as long as short
Pacifica LTC	+0.0100%	1h	62.080	−0.014%	$543K	$87K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	62.077	−0.019%	$96.1M	$222.8M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	62.040	−0.080%	$78.7M	$59.6M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	62.060	−0.047%	$27.7M	$75.5M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	62.070	−0.031%	$61.5M	$33.8M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	62.090	+0.001%	$19.2M	$12.7M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	62.080	−0.015%	$32.2M	$22.1M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	62.060	−0.047%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	62.034	−0.089%	$159K	$265K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	62.054	−0.057%	$42K	$356K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	62.067	−0.036%	$345K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	62.010	−0.128%	$104K	$707K	50x	as long as short
Polymarket Perps LTC-USD	+0.0100%	1h	62.036	−0.086%	$86K	$378K	10x	as long as short
SunX LTC-USDT	+0.0100%	8h	62.160	+0.114%	$18K	$4.2M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	62.060	−0.047%	$639	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	62.040	−0.080%	$1.9M	$4.8M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	62.070	−0.031%	$22.2M	$9.1M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	62.049	−0.066%	$688K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	62.068	−0.034%	$474K	$499	3x	as long as short
Lighter LTC	+0.0184%	1h	62.150	+0.098%	$1.3M	$1.2M	10x	as long as short
BloFin LTC-USDT	+0.0220%	8h	62.070	−0.031%	$4.8M	$11.8M	50x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0233%	1h	62.101	+0.019%	$701K	$1.1M	50x	as long as short
Reya LTCRUSDPERP	+0.0335%	1h	62.062	−0.043%	$8K	—	25x	as long as short
Kraken Futures PF_LTCUSDlong	+0.0432%	1h	62.089	long leg	$6.9M	$5.8M	50x
Coinbase International LTC-PERP-INTX	+0.0848%	1h	62.220	+0.210%	$1.2M	$2.3M	50x	as long as short
dYdX LTC-USD	+0.0867%	1h	62.071	−0.029%	$436K	$8K	10x	as long as short