Funding you earn now, next payment 22:00 UTC−0.0492%/8h= −53.8% APRpaid last 24h −0.099%
Price spread now: Polymarket Perps against Orderly−0.110%7-day average −0.033% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.164%−$16 on $10k
+Price spread, last 3 days (all we have)+0.080%+$8 · spread now −0.110%, 7d avg −0.033%
=Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Polymarket Perps is 0.077% cheaper against Orderly than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.033%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.164% in total (about -8.5% a year). A funding rate is set anew for every payment. 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 | Orderly PERP_LTC_USDC | 62.030 | 0.0099 | pay 0.0099% / 8h | 2h 48m | $12K | $210K | 20x |
| Short | Polymarket Perps LTC-USD | 61.962 | −0.0392 | pay 0.0049% / 1h | 48m 21s | $79K | $388K | 10x |
Orderly PERP_LTC_USDC
Polymarket Perps LTC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Orderly. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$103.25
- Price spread: −0.110% → −0.033%
- −$7.66
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$124.91
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Polymarket Perps: live order book, 39 min ago. Net counts fees only.
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 Orderly no order-book sample | — | — | — | — | — |
| Sell Polymarket Perps live order book, 39 min ago | 3.75 bp | 12.0 bp −$12 | 12.3 bp −$123 | doesn't fit | doesn't fit |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0392% | 1h | 61.962 | −0.110% | $79K | $388K | 10x | |
| Variational Omni LTC | −0.0091% | 8h | 62.015 | −0.024% | $3.6M | $4.1M | — | as long as short |
| Gate LTC_USDT | −0.0035% | 8h | 61.990 | −0.064% | $12.8M | $20.8M | 75x | as long as short |
| Backpack LTC_USDC_PERP | −0.0028% | 1h | 61.914 | −0.187% | $161K | $269K | 10x | as long as short |
| GMX LTC/USD [ETH-USDC] | L −0.0023% / S +0.0254% | 1h | 62.046 | +0.025% | $128K | — | 200x | as long as short |
| Kalshi KXLTCPERP | 0.0000% | 8h | 62.001 | −0.047% | $345K | $4.0M | 4x | as long as short |
| Deribit LTC_USDC-PERPETUAL | 0.0000% | 1h | 61.965 | −0.105% | $693K | $1.1M | 50x | as long as short |
| gTrade (Gains Network) LTC/USD | L +0.0002% / S −0.0003% | 1h | 62.058 | +0.045% | $31K | — | 150x | as long as short |
| Injective LTC/USDC PERP | +0.0033% | 1h | 58.730 | −5.320% | $5K | $22K | 12x | as long as short |
| Bybit LTCUSDT | +0.0047% | 8h | 62.000 | −0.048% | $78.5M | $59.5M | 75x | as long as short |
Variational Omni LTC
Gate LTC_USDT
Backpack LTC_USDC_PERP
GMX LTC/USD [ETH-USDC]
Kalshi KXLTCPERP
Deribit LTC_USDC-PERPETUAL
gTrade (Gains Network) LTC/USD
Injective LTC/USDC PERP
Bybit LTCUSDTShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter LTC | +0.0096% | 1h | 62.051 | +0.034% | $1.3M | $1.2M | 10x | as long as short |
| Orderly PERP_LTC_USDClong | +0.0099% | 8h | 62.030 | long leg | $12K | $210K | 20x | |
| Paradex LTC-USD-PERP | +0.0100% | 8h | 61.966 | −0.104% | $16K | $10K | 20x | as long as short |
| Nado LTC-PERP | +0.0100% | 1h | 61.955 | −0.121% | $255K | $325K | 10x | as long as short |
| Hyperliquid LTC | +0.0100% | 1h | 62.062 | +0.052% | $38.1M | $23.1M | 10x | as long as short |
| Aster LTCUSDT | +0.0100% | 8h | 62.013 | −0.027% | $2.6M | $2.1M | 75x | as long as short |
| Pacifica LTC | +0.0100% | 1h | 61.972 | −0.093% | $544K | $83K | 10x | as long as short |
| Binance LTCUSDT | +0.0100% | 8h | 62.030 | 0.000% | $96.1M | $220.6M | 75x | as long as short |
| OKX LTC-USDT-SWAP | +0.0100% | 8h | 62.020 | −0.016% | $27.6M | $74.6M | 50x | as long as short |
| MEXC LTC_USDT | +0.0100% | 8h | 62.010 | −0.032% | $61.8M | $34.9M | 200x | as long as short |
| KuCoin LTCUSDTM | +0.0100% | 8h | 62.010 | −0.032% | $18.9M | $12.0M | 75x | as long as short |
| Bitget LTCUSDT | +0.0100% | 8h | 61.990 | −0.064% | $32.0M | $21.6M | 75x | as long as short |
| BingX LTC-USDC | +0.0100% | 8h | 62.030 | 0.000% | — | $6.5M | — | as long as short |
| edgeX LTCUSDC | +0.0100% | 4h | 62.112 | +0.133% | $42K | $343K | 20x | as long as short |
| GRVT LTC_USDT_Perp | +0.0100% | 8h | 62.017 | −0.022% | $345K | $2.0M | 10x | as long as short |
| ApeX Omni LTCUSDT | +0.0100% | 1h | 62.030 | 0.000% | $104K | $709K | 50x | as long as short |
| SunX LTC-USDT | +0.0100% | 8h | 62.040 | +0.016% | $17K | $4.2M | 30x | as long as short |
| SoDEX LTC-USD | +0.0100% | 1h | 61.920 | −0.177% | $638 | $5K | 10x | as long as short |
| HTX LTC-USDT | +0.0100% | 8h | 61.930 | −0.161% | $1.9M | $4.9M | 75x | as long as short |
| Phemex LTCUSDT | +0.0100% | 8h | 61.940 | −0.145% | $22.1M | $9.0M | 50x | as long as short |
| Extended LTC-USD | +0.0104% | 1h | 62.015 | −0.024% | $694K | $1.1M | 25x | as long as short |
| Aevo LTC-PERP | +0.0104% | 1h | 62.043 | +0.021% | $474K | $499 | 3x | as long as short |
| BloFin LTC-USDT | +0.0220% | 8h | 61.910 | −0.193% | $4.9M | $11.7M | 50x | as long as short |
| Kraken Futures PF_LTCUSD | +0.0228% | 1h | 61.950 | −0.129% | $6.8M | $5.9M | 50x | as long as short |
| Reya LTCRUSDPERP | +0.0334% | 1h | 61.997 | −0.053% | $8K | $199 | 25x | as long as short |
| dYdX LTC-USD | +0.0550% | 1h | 61.960 | −0.113% | $435K | $8K | 10x | as long as short |
| Coinbase International LTC-PERP-INTX | +0.0712% | 1h | 62.060 | +0.048% | $1.2M | $2.1M | 50x | as long as short |
Lighter LTC
Paradex LTC-USD-PERP
Nado LTC-PERP
Hyperliquid LTC
Aster LTCUSDT
Pacifica LTC
Binance LTCUSDT
OKX LTC-USDT-SWAP
MEXC LTC_USDT
KuCoin LTCUSDTM
Bitget LTCUSDT
BingX LTC-USDC
edgeX LTCUSDC
GRVT LTC_USDT_Perp
ApeX Omni LTCUSDT
SunX LTC-USDT
SoDEX LTC-USD
HTX LTC-USDT
Phemex LTCUSDT
Extended LTC-USD
Aevo LTC-PERP
BloFin LTC-USDT
Kraken Futures PF_LTCUSD
Reya LTCRUSDPERP
dYdX LTC-USD
Coinbase International LTC-PERP-INTX