Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against Phemex−0.033%59s7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$420.419% of the position
Funding, last 7 days+0.186%+$19 on $10k
+Price spread, last 4 days (all we have)+0.040%+$4 · spread now −0.033%, 7d avg −0.034%
=The price spread sits at its 7-day average of −0.034%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex LTCUSDT | 60.680 | 0.0100 | pay 0.0100% / 8h | 1h 35m | $21.4M | $8.9M | 50x |
| Short | BloFin LTC-USDT | 60.660 | 0.0220 | get 0.0220% / 8h | 1h 35m | $4.2M | $12.5M | 50x |
Phemex LTCUSDT
BloFin LTC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Phemex. 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
- $25.2
- Price spread: −0.033% → −0.034%
- $0.1
- Slippage, 4 orders
- −$17.92
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$16.62
- Costs to cover
- 0.419%
- Break-even
- 11.6 days
Slippage from Phemex: live order book, 3 min ago; BloFin: 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 Phemex live order book, 3 min ago | 2.47 bp | 10.7 bp −$11 | 20.1 bp −$201 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 2.47 bp | 8.5 bp −$8 | 9.8 bp −$98 | 18.1 bp −$1,808 | 56.3 bp −$28.1K |
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 −0.0042% / S +0.0175% | 1h | 60.633 | −0.077% | $75K | — | 200x | as long as short |
| Polymarket Perps LTC-USD | −0.0016% | 1h | 60.609 | −0.117% | $82K | $740K | 10x | as long as short |
| Kalshi KXLTCPERP | 0.0000% | 8h | 60.672 | −0.013% | $349K | $4.3M | 4x | as long as short |
| gTrade (Gains Network) LTC/USD | L +0.0002% / S −0.0002% | 1h | 60.645 | −0.057% | $25K | — | 150x | as long as short |
| Deribit LTC_USDC-PERPETUAL | +0.0014% | 1h | 60.661 | −0.031% | $685K | $1.1M | 50x | as long as short |
| Variational Omni LTC | +0.0032% | 8h | 60.634 | −0.075% | $3.5M | $2.7M | — | as long as short |
| Injective LTC/USDC PERP | +0.0033% | 1h | 58.730 | −3.214% | $5K | $22K | 12x | as long as short |
| Lighter LTC | +0.0096% | 1h | 60.662 | −0.030% | $934K | $1.7M | 10x | as long as short |
| Orderly PERP_LTC_USDC | +0.0099% | 8h | 60.630 | −0.082% | $13K | $123K | 20x | as long as short |
| Paradex LTC-USD-PERP | +0.0100% | 8h | 60.668 | −0.020% | $14K | $10K | 20x | as long as short |
GMX LTC/USD [ETH-USDC]
Polymarket Perps LTC-USD
Kalshi KXLTCPERP
gTrade (Gains Network) LTC/USD
Deribit LTC_USDC-PERPETUAL
Variational Omni LTC
Injective LTC/USDC PERP
Lighter LTC
Orderly PERP_LTC_USDC
Paradex LTC-USD-PERPShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado LTC-PERP | +0.0100% | 1h | 60.645 | −0.058% | $265K | $340K | 10x | as long as short |
| Aster LTCUSDT | +0.0100% | 8h | 60.696 | +0.026% | $2.5M | $2.6M | 75x | as long as short |
| Pacifica LTC | +0.0100% | 1h | 60.667 | −0.022% | $530K | $82K | 10x | as long as short |
| Binance LTCUSDT | +0.0100% | 8h | 60.660 | −0.033% | $89.0M | $234.4M | 75x | as long as short |
| Bybit LTCUSDT | +0.0100% | 8h | 60.640 | −0.066% | $76.9M | $61.8M | 75x | as long as short |
| OKX LTC-USDT-SWAP | +0.0100% | 8h | 60.650 | −0.049% | $26.9M | $76.4M | 50x | as long as short |
| Gate LTC_USDT | +0.0100% | 8h | 60.640 | −0.066% | $13.5M | $22.1M | 75x | as long as short |
| MEXC LTC_USDT | +0.0100% | 8h | 60.640 | −0.066% | $56.4M | $36.1M | 200x | as long as short |
| KuCoin LTCUSDTM | +0.0100% | 8h | 60.670 | −0.016% | $18.2M | $13.4M | 75x | as long as short |
| Bitget LTCUSDT | +0.0100% | 8h | 60.670 | −0.016% | $31.2M | $22.9M | 75x | as long as short |
| BingX LTC-USDC | +0.0100% | 8h | 60.650 | −0.049% | — | $6.5M | — | as long as short |
| Backpack LTC_USDC_PERP | +0.0100% | 1h | 60.641 | −0.064% | $142K | $270K | 10x | as long as short |
| edgeX LTCUSDC | +0.0100% | 4h | 60.710 | +0.050% | $41K | $375K | 20x | as long as short |
| GRVT LTC_USDT_Perp | +0.0100% | 8h | 60.801 | +0.199% | $340K | $2.0M | 10x | as long as short |
| ApeX Omni LTCUSDT | +0.0100% | 1h | 60.860 | +0.297% | $107K | $714K | 50x | as long as short |
| SunX LTC-USDT | +0.0100% | 8h | 60.740 | +0.099% | $17K | $3.8M | 30x | as long as short |
| SoDEX LTC-USD | +0.0100% | 1h | 60.620 | −0.099% | $162 | $5K | 10x | as long as short |
| HTX LTC-USDT | +0.0100% | 8h | 60.620 | −0.099% | $2.0M | $5.0M | 75x | as long as short |
| Phemex LTCUSDTlong | +0.0100% | 8h | 60.680 | long leg | $21.4M | $8.9M | 50x | |
| Extended LTC-USD | +0.0104% | 1h | 60.625 | −0.090% | $639K | $1.1M | 25x | as long as short |
| Aevo LTC-PERP | +0.0104% | 1h | 60.630 | −0.082% | $463K | — | 3x | as long as short |
| Kraken Futures PF_LTCUSD | +0.0132% | 1h | 60.663 | −0.028% | $6.6M | $6.6M | 50x | as long as short |
| BloFin LTC-USDTshort | +0.0220% | 8h | 60.660 | −0.033% | $4.2M | $12.5M | 50x | |
| Reya LTCRUSDPERP | +0.0338% | 1h | 60.601 | −0.130% | $8K | — | 25x | as long as short |
| Hyperliquid LTC | +0.0346% | 1h | 60.716 | +0.059% | $38.2M | $26.5M | 10x | as long as short |
| dYdX LTC-USD | +0.0354% | 1h | 60.640 | −0.066% | $426K | $7K | 10x | as long as short |
| Coinbase International LTC-PERP-INTX | +0.0712% | 1h | 60.890 | +0.346% | $1.1M | $2.5M | 50x | as long as short |
Nado LTC-PERP
Aster LTCUSDT
Pacifica LTC
Binance LTCUSDT
Bybit LTCUSDT
OKX LTC-USDT-SWAP
Gate LTC_USDT
MEXC LTC_USDT
KuCoin LTCUSDTM
Bitget LTCUSDT
BingX LTC-USDC
Backpack LTC_USDC_PERP
edgeX LTCUSDC
GRVT LTC_USDT_Perp
ApeX Omni LTCUSDT
SunX LTC-USDT
SoDEX LTC-USD
HTX LTC-USDT
Extended LTC-USD
Aevo LTC-PERP
Kraken Futures PF_LTCUSD
Reya LTCRUSDPERP
Hyperliquid LTC
dYdX LTC-USD
Coinbase International LTC-PERP-INTX