LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0109%/8h= +11.9% APRnext payment +$0.14 per $10,000 · paid last 24h +0.006%

Price spread now: Deribit against Lighter−0.093%7-day average −0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$260.256% of the position

Long on Lighter Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.095%−$10 on $10k

Price spread, last 3 days (all we have)+0.095%+$9 · spread now −0.093%, 7d avg −0.015%

Together, before fees0.000%+ Points / potential airdropLighter: Season 3 · farm board$0 on $10k · with fees, hour by hour

Funding pays, the price is against you. Deribit is 0.078% cheaper against Lighter than usual: you would sell low and buy high (spread −0.093% now, against its 7-day average of −0.015%). If the spread goes back, that is −$8 on $10k: about 2.4 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.095%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter LTC	61.616	0.0096	pay 0.0012% / 1h	29m 33s	$1.3M	$1.2M	10x
Short	Deribit LTC_USDC-PERPETUAL	61.559	0.0205	get 0.0026% / 1h	29m 33s	$702K	$1.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Lighter. 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 LighterbpFee DeribitbpOrdersPrice spread, now −0.093%Rate

Funding earned: $22.89
Price spread: −0.093% → −0.015%: −$7.77
Slippage, 4 orders: −$18.64
Fee Lighter: 0 bp × 2 orders: $0
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$10.51
Costs to cover: 0.256%
Break-even: 10.2 days

Slippage from Lighter: live order book, 2 min ago; Deribit: live order book, 4 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 Lighter live order book, 2 min ago	4.55 bp	5.0 bp −$5	16.5 bp −$165	128.4 bp −$12.8K	doesn't fit
Sell Deribit live order book, 4 min ago	1.63 bp	9.4 bp −$9	doesn't fit	doesn't fit	doesn't fit

LTC on 36 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	−0.0249%	1h	61.450	−0.269%	$79K	$382K	10x	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0220% / S +0.0358%	1h	61.508	−0.176%	$112K	—	200x	as long as short
Variational Omni LTC	−0.0034%	8h	61.425	−0.309%	$3.6M	$2.6M	—	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.496	−0.195%	$289K	$4.2M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0005%	1h	61.515	−0.165%	$20K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−4.684%	$5K	$22K	12x	as long as short
Kraken Futures PF_LTCUSD	+0.0048%	1h	61.574	−0.069%	$6.8M	$5.8M	50x	as long as short
Lighter LTClong	+0.0096%	1h	61.616	long leg	$1.3M	$1.2M	10x
Orderly PERP_LTC_USDC	+0.0100%	8h	61.510	−0.172%	$13K	$214K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	61.536	−0.130%	$14K	$10K	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado LTC-PERP	+0.0100%	1h	61.490	−0.204%	$274K	$313K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	61.589	−0.044%	$37.4M	$23.9M	10x	as long as short
Pacifica LTC	+0.0100%	1h	61.550	−0.107%	$538K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.525	−0.148%	$93.7M	$220.3M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	61.480	−0.221%	$78.3M	$57.7M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.480	−0.221%	$27.3M	$74.5M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	61.520	−0.156%	$12.9M	$20.7M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.530	−0.140%	$60.1M	$34.5M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.540	−0.123%	$18.5M	$13.0M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.530	−0.140%	$31.6M	$21.3M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	61.530	−0.140%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	61.526	−0.146%	$156K	$273K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	61.451	−0.268%	$41K	$375K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.360	−0.415%	$339K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.480	−0.221%	$103K	$714K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.620	+0.006%	$18K	$3.9M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.530	−0.140%	$165	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	61.460	−0.253%	$1.9M	$4.8M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.550	−0.107%	$21.9M	$9.0M	50x	as long as short
Aster LTCUSDT	+0.0100%	8h	61.590	−0.042%	$2.6M	$2.3M	75x	as long as short
Extended LTC-USD	+0.0104%	1h	61.493	−0.199%	$683K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.520	−0.156%	$470K	—	3x	as long as short
Deribit LTC_USDC-PERPETUALshort	+0.0205%	1h	61.559	−0.093%	$702K	$1.1M	50x
dYdX LTC-USD	+0.0255%	1h	61.560	−0.092%	$433K	$8K	10x	as long as short
Reya LTCRUSDPERP	+0.0336%	1h	61.486	−0.211%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0808%	1h	61.610	−0.010%	$1.2M	$2.2M	50x	as long as short