Funding you earn now, next payment 22:00 UTC−0.0402%/8h= −44.0% APRnext payment −$0.50 per $10,000 · paid last 24h −0.072%
Price spread now: Backpack against Reya+0.058%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Backpack is 0.058% dearer against Reya than usual: you sell high and buy low (spread +0.058% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 12 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya LTCRUSDPERP | 62.207 | 0.0334 | pay 0.0042% / 1h | 57m 18s | $8K | $199 | 25x |
| Short | Backpack LTC_USDC_PERP | 62.243 | −0.0068 | pay 0.0008% / 1h | 57m 18s | $162K | $282K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against Reya. 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
- −$84.35
- Price spread: +0.058% → 0.000%
- $5.85
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$94.5
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Backpack: live order book, 31 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 Reya no order-book sample | — | — | — | — | — |
| Sell Backpack live order book, 31 min ago | 0.08 bp | 5.8 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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-USD | −0.0511% | 1h | 62.166 | −0.065% | $79K | $428K | 10x | as long as short |
| Variational Omni LTC | −0.0092% | 8h | 62.446 | +0.385% | $3.7M | $4.0M | — | as long as short |
| Backpack LTC_USDC_PERPshort | −0.0068% | 1h | 62.243 | +0.058% | $162K | $282K | 10x | |
| Gate LTC_USDT | −0.0032% | 8h | 62.200 | −0.011% | $12.8M | $20.8M | 75x | as long as short |
| GMX LTC/USD [ETH-USDC] | L −0.0021% / S +0.0253% | 1h | 62.224 | +0.028% | $129K | — | 200x | as long as short |
| Kalshi KXLTCPERP | 0.0000% | 8h | 62.367 | +0.258% | $347K | $4.1M | 4x | as long as short |
| gTrade (Gains Network) LTC/USD | L +0.0002% / S −0.0003% | 1h | 62.234 | +0.045% | $31K | — | 150x | as long as short |
| Deribit LTC_USDC-PERPETUAL | +0.0007% | 1h | 62.256 | +0.079% | $697K | $1.1M | 50x | as long as short |
| SoDEX LTC-USD | +0.0024% | 1h | 62.270 | +0.102% | $641 | $5K | 10x | as long as short |
| Injective LTC/USDC PERP | +0.0033% | 1h | 58.730 | −5.589% | $5K | $22K | 12x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LTCUSDT | +0.0045% | 8h | 62.190 | −0.027% | $78.9M | $60.0M | 75x | as long as short |
| Lighter LTC | +0.0096% | 1h | 62.301 | +0.152% | $1.3M | $1.2M | 10x | as long as short |
| Orderly PERP_LTC_USDC | +0.0099% | 8h | 62.220 | +0.022% | $12K | $211K | 20x | as long as short |
| Paradex LTC-USD-PERP | +0.0100% | 8h | 62.166 | −0.066% | $16K | $10K | 20x | as long as short |
| Nado LTC-PERP | +0.0100% | 1h | 62.180 | −0.043% | $255K | $327K | 10x | as long as short |
| Aster LTCUSDT | +0.0100% | 8h | 62.274 | +0.109% | $2.6M | $2.1M | 75x | as long as short |
| Pacifica LTC | +0.0100% | 1h | 62.222 | +0.025% | $546K | $83K | 10x | as long as short |
| Binance LTCUSDT | +0.0100% | 8h | 62.202 | −0.008% | $96.6M | $220.9M | 75x | as long as short |
| OKX LTC-USDT-SWAP | +0.0100% | 8h | 62.200 | −0.011% | $27.7M | $74.9M | 50x | as long as short |
| MEXC LTC_USDT | +0.0100% | 8h | 62.200 | −0.011% | $62.5M | $34.8M | 200x | as long as short |
| KuCoin LTCUSDTM | +0.0100% | 8h | 62.230 | +0.038% | $19.2M | $12.1M | 75x | as long as short |
| Bitget LTCUSDT | +0.0100% | 8h | 62.210 | +0.005% | $32.1M | $21.7M | 75x | as long as short |
| BingX LTC-USDC | +0.0100% | 8h | 62.200 | −0.011% | — | $6.6M | — | as long as short |
| edgeX LTCUSDC | +0.0100% | 4h | 62.351 | +0.232% | $42K | $341K | 20x | as long as short |
| GRVT LTC_USDT_Perp | +0.0100% | 8h | 62.340 | +0.214% | $349K | $2.0M | 10x | as long as short |
| ApeX Omni LTCUSDT | +0.0100% | 1h | 62.380 | +0.279% | $104K | $709K | 50x | as long as short |
| SunX LTC-USDT | +0.0100% | 8h | 62.300 | +0.150% | $18K | $4.2M | 30x | as long as short |
| HTX LTC-USDT | +0.0100% | 8h | 62.280 | +0.118% | $1.9M | $4.9M | 75x | as long as short |
| Phemex LTCUSDT | +0.0100% | 8h | 62.290 | +0.134% | $22.3M | $9.1M | 50x | as long as short |
| Extended LTC-USD | +0.0104% | 1h | 62.198 | −0.014% | $694K | $1.1M | 25x | as long as short |
| Aevo LTC-PERP | +0.0104% | 1h | 62.205 | −0.003% | $475K | $499 | 3x | as long as short |
| Hyperliquid LTC | +0.0152% | 1h | 62.299 | +0.149% | $38.4M | $23.1M | 10x | as long as short |
| BloFin LTC-USDT | +0.0220% | 8h | 62.330 | +0.198% | $4.9M | $11.8M | 50x | as long as short |
| Kraken Futures PF_LTCUSD | +0.0227% | 1h | 62.317 | +0.178% | $6.9M | $5.8M | 50x | as long as short |
| Reya LTCRUSDPERPlong | +0.0334% | 1h | 62.207 | long leg | $8K | $199 | 25x | |
| dYdX LTC-USD | +0.0395% | 1h | 62.200 | −0.011% | $437K | $8K | 10x | as long as short |
| Coinbase International LTC-PERP-INTX | +0.0712% | 1h | 62.520 | +0.504% | $1.2M | $2.2M | 50x | as long as short |
Backpack LTC_USDC_PERP
Polymarket Perps LTC-USD
Variational Omni LTC
Gate LTC_USDT
GMX LTC/USD [ETH-USDC]
Kalshi KXLTCPERP
gTrade (Gains Network) LTC/USD
Deribit LTC_USDC-PERPETUAL
SoDEX LTC-USD
Injective LTC/USDC PERP
Bybit LTCUSDT
Lighter LTC
Paradex LTC-USD-PERP
Aster LTCUSDT
Pacifica LTC
Binance LTCUSDT
OKX LTC-USDT-SWAP
MEXC LTC_USDT
KuCoin LTCUSDTM
Bitget LTCUSDT
BingX LTC-USDC
edgeX LTCUSDC
GRVT LTC_USDT_Perp
ApeX Omni LTCUSDT
SunX LTC-USDT
HTX LTC-USDT
Phemex LTCUSDT
Extended LTC-USD
Hyperliquid LTC
BloFin LTC-USDT
Kraken Futures PF_LTCUSD
Coinbase International LTC-PERP-INTX