LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0310%/8h= +33.9% APRnext payment +$0.39 per $10,000 · paid last 24h +0.156%

Price spread now: Hyperliquid against Polymarket Perps+0.173%7-day average +0.143% · you sell dearer than you buy

Net, funding: paid 7d − costs+$11as in the Funding arb table

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$310.308% of the position

Long on Polymarket Perps Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days+0.414%+$41 on $10k

Price spread, last 4 days (all we have)−0.351%−$35 · spread now +0.173%, 7d avg +0.143%

Together, before fees+0.063%+ Points / potential airdropHyperliquid: Season 2 · farm board+$6 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Hyperliquid is 0.031% dearer against Polymarket Perps than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.143%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps LTC-USD	61.217	−0.0210	get 0.0026% / 1h	11m 42s	$79K	$382K	10x
Short	Hyperliquid LTC	61.323	0.0100	get 0.0013% / 1h	11m 42s	$37.2M	$23.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid 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 HyperliquidbpOrdersPrice spread, now +0.173%Rate

Funding earned: $65.08
Price spread: +0.173% → +0.143%: $3.06
Slippage, 4 orders: −$13.82
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $37.32
Costs to cover: 0.308%
Break-even: 3.0 days

Slippage from Polymarket Perps: live order book, 56 min ago; Hyperliquid: live order book, 12 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, 56 min ago	2.82 bp	8.9 bp −$9	10.3 bp −$103	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 12 min ago	0.08 bp	6.6 bp −$7	doesn't fit	doesn't fit	doesn't fit

LTC on 36 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 −0.0234% / S +0.0366%	1h	61.290	+0.119%	$111K	—	200x	as long as short
Polymarket Perps LTC-USDlong	−0.0210%	1h	61.217	long leg	$79K	$382K	10x
Variational Omni LTC	−0.0028%	8h	61.294	+0.125%	$3.6M	$2.6M	—	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.298	+0.132%	$291K	$4.2M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0005%	1h	61.305	+0.144%	$20K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−4.063%	$5K	$22K	12x	as long as short
Kraken Futures PF_LTCUSD	+0.0049%	1h	61.333	+0.189%	$6.8M	$5.8M	50x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0093%	1h	61.330	+0.185%	$700K	$1.1M	50x	as long as short
Lighter LTC	+0.0096%	1h	61.361	+0.235%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0100%	8h	61.290	+0.119%	$13K	$211K	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex LTC-USD-PERP	+0.0100%	8h	61.270	+0.087%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	61.260	+0.070%	$273K	$312K	10x	as long as short
Hyperliquid LTCshort	+0.0100%	1h	61.323	+0.173%	$37.2M	$23.9M	10x
Aster LTCUSDT	+0.0100%	8h	61.334	+0.191%	$2.6M	$2.3M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.290	+0.119%	$536K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.280	+0.103%	$93.3M	$219.5M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	61.270	+0.087%	$78.0M	$57.6M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.250	+0.054%	$27.1M	$73.8M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	61.310	+0.152%	$12.8M	$20.8M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.300	+0.136%	$59.6M	$34.7M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.290	+0.119%	$18.3M	$13.1M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.280	+0.103%	$31.5M	$21.2M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	61.290	+0.119%	—	$37.8M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	61.269	+0.085%	$156K	$272K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	61.287	+0.115%	$41K	$375K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.310	+0.152%	$343K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.320	+0.168%	$113K	$717K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.390	+0.283%	$17K	$3.9M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.290	+0.119%	$164	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	61.240	+0.038%	$1.9M	$4.8M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.310	+0.152%	$21.8M	$8.9M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	61.280	+0.103%	$683K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.290	+0.119%	$468K	—	3x	as long as short
dYdX LTC-USD	+0.0324%	1h	61.308	+0.149%	$431K	$8K	10x	as long as short
Reya LTCRUSDPERP	+0.0336%	1h	61.265	+0.079%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0808%	1h	61.610	+0.642%	$1.2M	$2.2M	50x	as long as short