LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0379%/8h= −41.5% APRnext payment −$0.47 per $10,000 · paid last 24h −0.103%

Price spread now: Polymarket Perps against Lighter−0.153%7-day average −0.101% · you buy dearer than you sell

Net, funding: paid 7d − costs−$50as in the Funding arb table

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

costs, in and out, $10k−$280.277% of the position

Long on Lighter Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.219%−$22 on $10k

Price spread, last 3 days (all we have)+0.148%+$15 · spread now −0.153%, 7d avg −0.101%

Together, before fees−0.072%+ Points / potential airdropLighter: Season 3 · farm board−$7 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Polymarket Perps is 0.052% cheaper against Lighter than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.101%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.219% in total (about -11.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.47 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	Lighter LTC	62.141	0.0096	pay 0.0012% / 1h	17m 28s	$1.3M	$1.2M	10x
Short	Polymarket Perps LTC-USD	62.046	−0.0283	pay 0.0035% / 1h	17m 28s	$86K	$370K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now −0.153%Rate

Funding earned: −$79.55
Price spread: −0.153% → −0.101%: −$5.21
Slippage, 4 orders: −$19.66
Fee Lighter: 0 bp × 2 orders: $0
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$112.41
Costs to cover: 0.277%
Break-even: never at this rate

Slippage from Lighter: live order book, 4 min ago; Polymarket Perps: live order book, 55 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	2.65 bp	5.1 bp −$5	15.7 bp −$157	134.9 bp −$13.5K	doesn't fit
Sell Polymarket Perps live order book, 55 min ago	2.99 bp	8.0 bp −$8	10.0 bp −$100	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-USDshort	−0.0283%	1h	62.046	−0.153%	$86K	$370K	10x
GMX LTC/USD [ETH-USDC]	L −0.0200% / S +0.0362%	1h	62.031	−0.177%	$123K	—	200x	as long as short
Variational Omni LTC	−0.0042%	8h	62.135	−0.010%	$3.7M	$2.6M	—	as long as short
Kalshi KXLTCPERP	0.0000%	8h	62.031	−0.177%	$316K	$4.1M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	62.097	−0.071%	$31K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.489%	$5K	$22K	12x	as long as short
Lighter LTClong	+0.0096%	1h	62.141	long leg	$1.3M	$1.2M	10x
Orderly PERP_LTC_USDC	+0.0100%	8h	62.040	−0.163%	$12K	$212K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	62.041	−0.162%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	62.070	−0.114%	$266K	$314K	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	62.125	−0.026%	$2.7M	$2.3M	75x	as long as short
Pacifica LTC	+0.0100%	1h	62.073	−0.109%	$543K	$87K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	62.107	−0.055%	$95.7M	$220.8M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	62.080	−0.098%	$78.8M	$57.4M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	62.090	−0.082%	$27.7M	$74.9M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	62.080	−0.098%	$13.0M	$20.9M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	62.080	−0.098%	$62.0M	$34.3M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	62.120	−0.034%	$19.1M	$12.6M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	62.090	−0.082%	$32.2M	$21.8M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	62.080	−0.098%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	62.056	−0.137%	$159K	$264K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	62.133	−0.013%	$42K	$357K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	62.140	−0.002%	$352K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	62.130	−0.018%	$119K	$706K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	62.070	−0.114%	$18K	$4.0M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	62.040	−0.163%	$639	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	61.970	−0.275%	$1.9M	$4.7M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	62.100	−0.066%	$22.2M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	62.062	−0.127%	$690K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	62.016	−0.201%	$474K	—	3x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0105%	1h	62.075	−0.106%	$712K	$1.1M	50x	as long as short
Hyperliquid LTC	+0.0136%	1h	62.181	+0.064%	$38.0M	$23.8M	10x	as long as short
Kraken Futures PF_LTCUSD	+0.0211%	1h	62.106	−0.056%	$6.9M	$5.8M	50x	as long as short
BloFin LTC-USDT	+0.0220%	8h	62.040	−0.163%	$4.9M	$12.0M	50x	as long as short
Reya LTCRUSDPERP	+0.0335%	1h	62.081	−0.096%	$8K	—	25x	as long as short
dYdX LTC-USD	+0.0631%	1h	62.068	−0.118%	$436K	$8K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0840%	1h	62.230	+0.143%	$1.2M	$2.2M	50x	as long as short