LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0328%/8h= +35.9% APRnext payment +$0.41 per $10,000 · paid last 24h +0.109%

Price spread now: Deribit against Polymarket Perps+0.115%7-day average +0.093% · you sell dearer than you buy

Net, funding: paid 7d − costs−$19as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$330.330% of the position

Long on Polymarket Perps Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.142%+$14 on $10k

Price spread, last 4 days (all we have)−0.028%−$3 · spread now +0.115%, 7d avg +0.093%

Together, before fees+0.113%+$11 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Deribit is 0.022% dearer against Polymarket Perps than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.093%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.142% in total (about 7.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.41 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	60.947	−0.0250	get 0.0031% / 1h	31m 46s	$93K	$612K	10x
Short	Deribit LTC_USDC-PERPETUAL	61.017	0.0078	get 0.0010% / 1h	31m 46s	$689K	$1.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now +0.115%Rate

Funding earned: $68.9
Price spread: +0.115% → +0.093%: $2.17
Slippage, 4 orders: −$17.99
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $38.08
Costs to cover: 0.330%
Break-even: 3.1 days

Slippage from Polymarket Perps: live order book, 21 min ago; Deribit: live order book, 2 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, 21 min ago	5.72 bp	9.7 bp −$10	10.1 bp −$101	doesn't fit	doesn't fit
Sell Deribit live order book, 2 min ago	3.28 bp	6.8 bp −$7	12.4 bp −$124	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	+0.067%	$103K	—	200x	as long as short
Polymarket Perps LTC-USDlong	−0.0250%	1h	60.947	long leg	$93K	$612K	10x
Kalshi KXLTCPERP	0.0000%	8h	61.011	+0.105%	$347K	$4.3M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	60.992	+0.074%	$30K	—	150x	as long as short
Variational Omni LTC	+0.0027%	8h	61.034	+0.143%	$3.6M	$2.6M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.638%	$5K	$22K	12x	as long as short
Deribit LTC_USDC-PERPETUALshort	+0.0078%	1h	61.017	+0.115%	$689K	$1.1M	50x
Lighter LTC	+0.0096%	1h	61.011	+0.105%	$941K	$1.6M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.990	+0.071%	$13K	$147K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.973	+0.043%	$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	+0.029%	$268K	$332K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	61.049	+0.167%	$37.3M	$25.3M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.990	+0.071%	$2.6M	$2.6M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.990	+0.071%	$533K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.990	+0.071%	$90.0M	$232.5M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.980	+0.054%	$77.5M	$61.6M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.980	+0.054%	$26.9M	$76.4M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.980	+0.054%	$12.8M	$21.9M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.960	+0.021%	$57.9M	$35.4M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.970	+0.038%	$18.2M	$13.1M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.980	+0.054%	$31.4M	$22.9M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	60.980	+0.054%	—	$38.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.968	+0.034%	$147K	$278K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	61.044	+0.159%	$41K	$375K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.049	+0.168%	$345K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.110	+0.267%	$107K	$717K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.050	+0.169%	$17K	$3.9M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.980	+0.054%	$163	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.950	+0.005%	$2.0M	$5.0M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.020	+0.120%	$21.6M	$8.9M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.947	+0.001%	$679K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.995	+0.079%	$466K	—	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	61.010	+0.103%	$4.7M	$12.3M	50x	as long as short
Kraken Futures PF_LTCUSD	+0.0230%	1h	61.001	+0.089%	$6.7M	$6.3M	50x	as long as short
dYdX LTC-USD	+0.0234%	1h	60.989	+0.069%	$429K	$7K	10x	as long as short
Reya LTCRUSDPERP	+0.0337%	1h	60.960	+0.021%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0792%	1h	61.110	+0.267%	$1.1M	$2.4M	50x	as long as short