LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0073%/8h= −8.0% APRnext payment −$0.73 per $10,000 · paid last 24h −0.060%

Price spread now: Variational Omni against Phemex+0.023%7-day average −0.100% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Phemex Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.103%−$10 on $10k

Price spread, last 4 days (all we have)−0.093%−$9 · spread now +0.023%, 7d avg −0.100%

Together, before fees−0.196%+ Points / potential airdropVariational Omni: Active · farm board−$20 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Variational Omni is 0.124% dearer against Phemex than usual: you sell high and buy low (spread +0.023% now, against its 7-day average of −0.100%): +$12 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex LTCUSDT	61.020	0.0100	pay 0.0100% / 8h	3h 32m	$21.6M	$8.9M	50x
Short	Variational Omni LTC	61.034	0.0027	get 0.0027% / 8h	3h 32m	$3.6M	$2.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Phemex. 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 PhemexbpFee Variational OmnibpOrdersPrice spread, now +0.023%Rate

Funding earned: −$15.4
Price spread: +0.023% → −0.100%: $12.36
Slippage, 4 orders: no order book: not counted
Fee Phemex: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$15.04
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: Phemex: live order book, 2 min ago; Variational Omni: RFQ quote, 2 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 Phemex live order book, 2 min ago	4.92 bp	12.1 bp −$12	20.0 bp −$200	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 2 min ago	3.53 bp	doesn't fit	11.4 bp −$114	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
GMX LTC/USD [ETH-USDC]	L −0.0254% / S +0.0399%	1h	60.988	−0.053%	$103K	—	200x	as long as short
Polymarket Perps LTC-USD	−0.0250%	1h	60.947	−0.120%	$93K	$612K	10x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.011	−0.015%	$347K	$4.3M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	60.992	−0.045%	$30K	—	150x	as long as short
Variational Omni LTCshort	+0.0027%	8h	61.034	+0.023%	$3.6M	$2.6M	—
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.753%	$5K	$22K	12x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0078%	1h	61.017	−0.005%	$689K	$1.1M	50x	as long as short
Lighter LTC	+0.0096%	1h	61.011	−0.015%	$941K	$1.6M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.990	−0.049%	$13K	$147K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.973	−0.077%	$14K	$10K	20x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado LTC-PERP	+0.0100%	1h	60.965	−0.091%	$268K	$332K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	61.047	+0.044%	$37.3M	$25.3M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.990	−0.049%	$2.6M	$2.6M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.990	−0.049%	$533K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.978	−0.069%	$90.0M	$232.3M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.970	−0.082%	$77.5M	$61.6M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.970	−0.082%	$26.9M	$76.3M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.990	−0.049%	$12.8M	$21.9M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.970	−0.082%	$58.0M	$35.4M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.980	−0.066%	$18.2M	$13.1M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.970	−0.082%	$31.4M	$22.9M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	60.980	−0.066%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.985	−0.057%	$147K	$278K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	61.044	+0.040%	$41K	$375K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.049	+0.048%	$345K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.110	+0.147%	$107K	$717K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.050	+0.049%	$17K	$3.9M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.980	−0.066%	$163	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.950	−0.115%	$2.0M	$5.0M	75x	as long as short
Phemex LTCUSDTlong	+0.0100%	8h	61.020	long leg	$21.6M	$8.9M	50x
Extended LTC-USD	+0.0104%	1h	60.957	−0.103%	$679K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.995	−0.041%	$466K	—	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	61.010	−0.016%	$4.7M	$12.3M	50x	as long as short
Kraken Futures PF_LTCUSD	+0.0230%	1h	61.001	−0.031%	$6.7M	$6.3M	50x	as long as short
dYdX LTC-USD	+0.0234%	1h	60.989	−0.051%	$429K	$7K	10x	as long as short
Reya LTCRUSDPERP	+0.0337%	1h	60.960	−0.099%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0792%	1h	61.110	+0.147%	$1.1M	$2.4M	50x	as long as short