LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h −0.001%

Price spread now: Extended against Lighter−0.148%7-day average −0.099% · you buy dearer than you sell

Net, funding: paid 7d − costs−$24as in the Funding arb table

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

costs, in and out, $10k−$280.279% of the position

Long on Lighter Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.039%+$4 on $10k

Price spread, last 4 days (all we have)+0.068%+$7 · spread now −0.148%, 7d avg −0.099%

Together, before fees+0.108%+ Points / potential airdropLighter: Season 3 · Extended: Active · farm board+$11 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.049% cheaper against Lighter than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.099%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter LTC	62.005	0.0096	pay 0.0012% / 1h	6m 46s	$1.3M	$1.2M	10x
Short	Extended LTC-USD	61.913	0.0104	get 0.0013% / 1h	6m 46s	$688K	$1.1M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.148%Rate

Funding earned: $1.68
Price spread: −0.148% → −0.099%: −$4.91
Slippage, 4 orders: −$22.91
Fee Lighter: 0 bp × 2 orders: $0
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$31.14
Costs to cover: 0.279%
Break-even: 136.8 days

Slippage from Lighter: live order book, 4 min ago; Extended: 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 Lighter live order book, 4 min ago	3.79 bp	5.9 bp −$6	18.4 bp −$184	127.3 bp −$12.7K	doesn't fit
Sell Extended live order book, 1 min ago	2.42 bp	6.2 bp −$6	13.5 bp −$135	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 −0.0148% / S +0.0336%	1h	61.937	−0.110%	$122K	—	200x	as long as short
Variational Omni LTC	−0.0046%	8h	61.856	−0.240%	$3.6M	$4.0M	—	as long as short
Polymarket Perps LTC-USD	−0.0045%	1h	61.844	−0.260%	$85K	$378K	10x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.984	−0.034%	$314K	$4.2M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	61.953	−0.084%	$703K	$1.1M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	61.949	−0.091%	$31K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.282%	$5K	$22K	12x	as long as short
Gate LTC_USDT	+0.0093%	8h	61.940	−0.105%	$13.0M	$21.4M	75x	as long as short
Lighter LTClong	+0.0096%	1h	62.005	long leg	$1.3M	$1.2M	10x
Orderly PERP_LTC_USDC	+0.0100%	8h	61.920	−0.137%	$12K	$213K	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	61.899	−0.171%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	61.900	−0.169%	$264K	$323K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	61.987	−0.030%	$37.6M	$23.8M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	62.011	+0.010%	$2.7M	$2.3M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.926	−0.127%	$541K	$87K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.920	−0.136%	$95.8M	$223.3M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	61.900	−0.169%	$78.5M	$59.6M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.900	−0.169%	$27.7M	$75.3M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.920	−0.137%	$61.9M	$34.3M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.950	−0.089%	$19.3M	$12.7M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.920	−0.137%	$32.1M	$22.0M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	61.920	−0.137%	—	$37.8M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	61.911	−0.152%	$159K	$266K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	62.009	+0.007%	$42K	$356K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	62.035	+0.049%	$351K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	62.070	+0.105%	$118K	$709K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.950	−0.089%	$17K	$4.1M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.920	−0.137%	$638	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	61.900	−0.169%	$1.9M	$4.8M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.940	−0.105%	$22.2M	$9.2M	50x	as long as short
Extended LTC-USDshort	+0.0104%	1h	61.913	−0.148%	$688K	$1.1M	25x
Aevo LTC-PERP	+0.0104%	1h	61.951	−0.086%	$473K	$499	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	61.920	−0.137%	$4.8M	$11.9M	50x	as long as short
Reya LTCRUSDPERP	+0.0335%	1h	61.902	−0.166%	$8K	—	25x	as long as short
Kraken Futures PF_LTCUSD	+0.0433%	1h	61.967	−0.062%	$6.8M	$5.8M	50x	as long as short
dYdX LTC-USD	+0.0726%	1h	61.929	−0.122%	$435K	$8K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0848%	1h	62.200	+0.314%	$1.2M	$2.3M	50x	as long as short