LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.064%

Price spread now: Hyperliquid against Lighter−0.100%7-day average +0.050% · you buy dearer than you sell

Net, funding: paid 7d − costs−$5as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$240.237% of the position

Long on Lighter Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days+0.189%+$19 on $10k

Price spread, last 4 days (all we have)+0.230%+$23 · spread now −0.100%, 7d avg +0.050%

Together, before fees+0.419%+ Points / potential airdropLighter: Season 3 · Hyperliquid: Season 2 · farm board+$42 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: Hyperliquid is 0.150% cheaper against Lighter than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.050%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter LTC	62.040	0.0096	pay 0.0012% / 1h	41m 26s	$1.3M	$1.2M	10x
Short	Hyperliquid LTC	61.978	0.0100	get 0.0013% / 1h	41m 26s	$38.0M	$23.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid 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 HyperliquidbpOrdersPrice spread, now −0.100%Rate

Funding earned: $0.84
Price spread: −0.100% → +0.050%: −$15.03
Slippage, 4 orders: −$14.7
Fee Lighter: 0 bp × 2 orders: $0
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$37.89
Costs to cover: 0.237%
Break-even: 322.7 days

Slippage from Lighter: live order book, 5 min ago; Hyperliquid: live order book, 12 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, 5 min ago	4.43 bp	7.1 bp −$7	18.5 bp −$185	138.8 bp −$13.9K	doesn't fit
Sell Hyperliquid live order book, 12 min ago	0.32 bp	5.9 bp −$6	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
Polymarket Perps LTC-USD	−0.0373%	1h	61.882	−0.255%	$79K	$385K	10x	as long as short
Variational Omni LTC	−0.0090%	8h	61.915	−0.201%	$3.6M	$4.1M	—	as long as short
Gate LTC_USDT	−0.0041%	8h	61.900	−0.226%	$12.7M	$20.8M	75x	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0024% / S +0.0256%	1h	61.924	−0.187%	$128K	—	200x	as long as short
Backpack LTC_USDC_PERP	−0.0014%	1h	62.004	−0.058%	$161K	$268K	10x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	62.086	+0.074%	$345K	$4.0M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	62.082	+0.068%	$694K	$1.0M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	61.924	−0.186%	$31K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.335%	$5K	$22K	12x	as long as short
Bybit LTCUSDT	+0.0047%	8h	61.890	−0.242%	$78.4M	$59.5M	75x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter LTClong	+0.0096%	1h	62.040	long leg	$1.3M	$1.2M	10x
Orderly PERP_LTC_USDC	+0.0099%	8h	61.930	−0.177%	$12K	$210K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	61.968	−0.117%	$16K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	61.920	−0.193%	$255K	$324K	10x	as long as short
Hyperliquid LTCshort	+0.0100%	1h	61.978	−0.100%	$38.0M	$23.1M	10x
Aster LTCUSDT	+0.0100%	8h	62.034	−0.009%	$2.6M	$2.1M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.970	−0.113%	$543K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.902	−0.222%	$95.8M	$220.8M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.900	−0.226%	$27.6M	$74.6M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.930	−0.177%	$61.3M	$35.0M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.940	−0.161%	$18.7M	$12.1M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.910	−0.210%	$31.9M	$21.7M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	61.910	−0.210%	—	$37.5M	—	as long as short
edgeX LTCUSDC	+0.0100%	4h	61.928	−0.181%	$42K	$344K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.920	−0.194%	$347K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.940	−0.161%	$103K	$710K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	62.130	+0.145%	$17K	$4.2M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	62.030	−0.016%	$639	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	62.000	−0.064%	$1.9M	$4.9M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	62.060	+0.032%	$22.2M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	61.951	−0.144%	$691K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	62.035	−0.008%	$474K	$499	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	62.080	+0.064%	$4.9M	$11.8M	50x	as long as short
Kraken Futures PF_LTCUSD	+0.0227%	1h	62.081	+0.067%	$6.8M	$5.9M	50x	as long as short
Reya LTCRUSDPERP	+0.0334%	1h	61.911	−0.209%	$8K	$199	25x	as long as short
dYdX LTC-USD	+0.0487%	1h	61.978	−0.100%	$436K	$8K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0712%	1h	62.110	+0.113%	$1.2M	$2.1M	50x	as long as short