LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0060%/8h= +6.6% APRnext payment +$0.08 per $10,000 · paid last 24h +0.002%

Price spread now: Lighter against Pacifica+0.126%7-day average +0.033% · you sell dearer than you buy

Net, funding: paid 7d − costs−$30as in the Funding arb table

Net, price: spread back to 7d avg − costs−$22as in the Price arb table

costs, in and out, $10k−$320.318% of the position

Long on Pacifica Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.017%+$2 on $10k

Price spread, last 4 days (all we have)−0.148%−$15 · spread now +0.126%, 7d avg +0.033%

Together, before fees−0.131%+ Points / potential airdropPacifica: Active · Lighter: Season 3 · farm board−$13 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Lighter is 0.094% dearer against Pacifica than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.033%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica LTC	61.956	0.0100	pay 0.0013% / 1h	32m 43s	$542K	$87K	10x
Short	Lighter LTC	62.034	0.0160	get 0.0020% / 1h	32m 43s	$1.3M	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Pacifica. 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 PacificabpFee LighterbpOrdersPrice spread, now +0.126%Rate

Funding earned: $12.6
Price spread: +0.126% → +0.033%: $9.35
Slippage, 4 orders: −$23.79
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Lighter: 0 bp × 2 orders: $0
Net: −$9.83
Costs to cover: 0.318%
Break-even: 12.5 days

Slippage from Pacifica: live order book, 46 min ago; Lighter: live order book, 3 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 Pacifica live order book, 46 min ago	4.06 bp	11.1 bp −$11	18.4 bp −$184	doesn't fit	doesn't fit
Sell Lighter live order book, 3 min ago	2.90 bp	7.4 bp −$7	14.8 bp −$148	122.6 bp −$12.3K	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 −0.0107% / S +0.0296%	1h	62.007	+0.083%	$113K	—	200x	as long as short
Variational Omni LTC	−0.0043%	8h	61.908	−0.077%	$3.6M	$4.0M	—	as long as short
Kalshi KXLTCPERP	0.0000%	8h	62.001	+0.073%	$314K	$4.2M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	62.010	+0.087%	$31K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.207%	$5K	$22K	12x	as long as short
Polymarket Perps LTC-USD	+0.0084%	1h	61.977	+0.034%	$85K	$378K	10x	as long as short
Gate LTC_USDT	+0.0092%	8h	61.950	−0.009%	$13.0M	$21.3M	75x	as long as short
Orderly PERP_LTC_USDC	+0.0100%	8h	62.000	+0.071%	$12K	$213K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	61.948	−0.012%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	61.960	+0.007%	$264K	$323K	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid LTC	+0.0100%	1h	62.012	+0.091%	$37.6M	$23.8M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	62.040	+0.136%	$2.6M	$2.3M	75x	as long as short
Pacifica LTClong	+0.0100%	1h	61.956	long leg	$542K	$87K	10x
Binance LTCUSDT	+0.0100%	8h	61.960	+0.007%	$96.0M	$223.2M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	61.940	−0.026%	$78.5M	$59.6M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.930	−0.042%	$27.6M	$75.4M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.960	+0.007%	$61.8M	$34.1M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.970	+0.023%	$19.1M	$12.6M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.980	+0.039%	$32.2M	$22.1M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	61.940	−0.026%	—	$37.7M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	61.950	−0.009%	$159K	$266K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	61.967	+0.019%	$42K	$356K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.940	−0.026%	$350K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.910	−0.074%	$118K	$713K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	62.080	+0.200%	$17K	$4.1M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.980	+0.039%	$638	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	61.940	−0.026%	$1.9M	$4.9M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.990	+0.055%	$22.2M	$9.1M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	61.927	−0.047%	$688K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.990	+0.055%	$473K	$499	3x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0153%	1h	62.033	+0.125%	$700K	$1.1M	50x	as long as short
Lighter LTCshort	+0.0160%	1h	62.034	+0.126%	$1.3M	$1.2M	10x
BloFin LTC-USDT	+0.0220%	8h	61.960	+0.007%	$4.9M	$11.8M	50x	as long as short
Reya LTCRUSDPERP	+0.0335%	1h	61.983	+0.044%	$8K	—	25x	as long as short
Kraken Futures PF_LTCUSD	+0.0433%	1h	62.002	+0.075%	$6.9M	$5.8M	50x	as long as short
dYdX LTC-USD	+0.0809%	1h	61.972	+0.026%	$436K	$8K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0848%	1h	62.220	+0.426%	$1.2M	$2.3M	50x	as long as short