LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC+0.1118%/8h= +122.4% APRnext payment +$1.40 per $10,000 · paid last 24h +0.231%

Price spread now: Coinbase International against Polymarket Perps+0.347%47s7-day average +0.164% · you sell dearer than you buy

Net, funding: paid 7d − costs+$17as 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−$460.456% of the position

Long on Polymarket Perps Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.628%+$63 on $10k

Price spread, last 3 days (all we have)−0.317%−$32 · spread now +0.347%, 7d avg +0.164%

Together, before fees+0.310%+$31 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$34 a day on $10k at the current rate, and Coinbase International is 0.183% dearer against Polymarket Perps than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.164%. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.628% in total (about 32.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.40 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	Polymarket Perps LTC-USD	61.955	−0.0406	get 0.0051% / 1h	50m 25s	$79K	$390K	10x
Short	Coinbase International LTC-PERP-INTX	62.170	0.0712	get 0.0089% / 1h	50m 25s	$1.2M	$2.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Polymarket Perps. 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 Polymarket PerpsbpFee Coinbase InternationalbpOrdersPrice spread, now +0.347%Rate

Funding earned: $234.75
Price spread: +0.347% → +0.164%: $18.29
Slippage, 4 orders: −$27.6
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $207.44
Costs to cover: 0.456%
Break-even: 0.8 days

Slippage from Polymarket Perps: live order book, 37 min ago; Coinbase International: 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 Polymarket Perps live order book, 37 min ago	3.75 bp	7.7 bp −$8	8.4 bp −$84	doesn't fit	doesn't fit
Sell Coinbase International live order book, 3 min ago	4.01 bp	12.4 bp −$12	16.0 bp −$160	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-USDlong	−0.0406%	1h	61.955	long leg	$79K	$390K	10x
Variational Omni LTC	−0.0091%	8h	62.015	+0.097%	$3.6M	$4.1M	—	as long as short
Gate LTC_USDT	−0.0038%	8h	61.960	+0.008%	$12.7M	$20.8M	75x	as long as short
Backpack LTC_USDC_PERP	−0.0028%	1h	61.995	+0.065%	$161K	$271K	10x	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0022% / S +0.0254%	1h	61.994	+0.063%	$128K	—	200x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	62.072	+0.189%	$345K	$4.0M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	62.054	+0.160%	$694K	$1.1M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	61.991	+0.058%	$31K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.205%	$5K	$22K	12x	as long as short
Bybit LTCUSDT	+0.0046%	8h	61.950	−0.008%	$78.5M	$59.5M	75x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter LTC	+0.0096%	1h	62.068	+0.182%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	61.990	+0.056%	$12K	$211K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	61.944	−0.018%	$16K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	61.935	−0.032%	$255K	$325K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	62.056	+0.163%	$38.1M	$23.0M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	62.034	+0.128%	$2.6M	$2.1M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.986	+0.050%	$544K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.979	+0.039%	$96.2M	$220.5M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.940	−0.024%	$27.6M	$74.6M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.990	+0.056%	$61.9M	$34.9M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.990	+0.056%	$18.9M	$12.0M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.990	+0.056%	$32.0M	$21.6M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	61.990	+0.056%	—	$6.5M	—	as long as short
edgeX LTCUSDC	+0.0100%	4h	62.112	+0.254%	$42K	$343K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	62.286	+0.534%	$349K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	62.160	+0.331%	$104K	$709K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	62.140	+0.299%	$17K	$4.2M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	62.000	+0.073%	$639	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	62.010	+0.089%	$1.9M	$4.9M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	62.030	+0.121%	$22.2M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	61.970	+0.024%	$694K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.976	+0.034%	$473K	$499	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	62.010	+0.089%	$4.9M	$11.8M	50x	as long as short
Kraken Futures PF_LTCUSD	+0.0228%	1h	62.035	+0.129%	$6.8M	$5.9M	50x	as long as short
Reya LTCRUSDPERP	+0.0334%	1h	61.972	+0.028%	$8K	$199	25x	as long as short
dYdX LTC-USD	+0.0565%	1h	62.000	+0.073%	$436K	$8K	10x	as long as short
Coinbase International LTC-PERP-INTXshort	+0.0712%	1h	62.170	+0.347%	$1.2M	$2.1M	50x