Funding you earn now, next payment 22:00 UTC−0.0759%/8h= −83.1% APRnext payment −$0.95 per $10,000 · paid last 24h −0.130%
Price spread now: Phoenix against Reya−0.092%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 1 day (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and Phoenix is 0.092% cheaper against Reya than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya LTCRUSDPERP | 61.492 | 0.0355 | pay 0.0044% / 1h | 9m 23s | $8K | — | 25x |
| Short | Phoenix LTC | 61.436 | −0.0403 | pay 0.0050% / 1h | 9m 23s | $2K | $57K | 10x |
Reya LTCRUSDPERP
Phoenix LTCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix 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
- −$159.3
- Price spread: −0.092% → 0.000%
- −$9.16
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$181.46
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Phoenix: no order-book sample. 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 Phoenix no order-book sample | — | — | — | — | — |
Reya and Phoenix: 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 38 exchanges
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 | −0.0454% | 1h | 61.463 | −0.048% | $61K | $1.3M | 10x | as long as short |
| Phoenix LTCshort | −0.0403% | 1h | 61.436 | −0.092% | $2K | $57K | 10x | |
| Kraken Futures PF_LTCUSD | −0.0403% | 1h | 61.516 | +0.038% | $7.0M | $9.7M | 50x | as long as short |
| Variational Omni LTC | −0.0246% | 8h | 61.242 | −0.407% | $3.8M | $1.3M | — | as long as short |
| Bybit LTCUSDT | −0.0118% | 8h | 61.500 | +0.012% | $84.9M | $101.8M | 75x | as long as short |
| SoDEX LTC-USD | −0.0100% | 1h | 61.490 | −0.004% | $421 | $5K | 10x | as long as short |
| Gate LTC_USDT | −0.0055% | 8h | 61.500 | +0.012% | $28.7M | $26.0M | 75x | as long as short |
| Nado LTC-PERP | −0.0029% | 1h | 61.495 | +0.004% | $272K | $406K | 10x | as long as short |
| Extended LTC-USD | −0.0008% | 1h | 61.465 | −0.044% | $689K | $426K | 25x | as long as short |
| OKX LTC-USDT-SWAP | −0.0004% | 8h | 61.490 | −0.004% | $30.0M | $85.4M | 50x | as long as short |
Polymarket Perps LTC-USD
Kraken Futures PF_LTCUSD
Variational Omni LTC
Bybit LTCUSDT
SoDEX LTC-USD
Gate LTC_USDT
Nado LTC-PERP
Extended LTC-USD
OKX LTC-USDT-SWAPShow all 38 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXLTCPERP | 0.0000% | 8h | 61.525 | +0.053% | $476K | $8.5M | 4x | as long as short |
| gTrade (Gains Network) LTC/USD | L +0.0002% / S −0.0003% | 1h | 61.541 | +0.080% | $13K | — | 150x | as long as short |
| MEXC LTC_USDT | +0.0013% | 8h | 61.500 | +0.012% | $68.6M | $36.2M | 200x | as long as short |
| Binance LTCUSDT | +0.0014% | 8h | 61.502 | +0.015% | $92.4M | $258.3M | 75x | as long as short |
| Coinbase International LTC-PERP-INTX | +0.0024% | 1h | 61.380 | −0.183% | $755K | $3.9M | 50x | as long as short |
| Deribit LTC_USDC-PERPETUAL | +0.0026% | 1h | 61.554 | +0.100% | $664K | $940K | 50x | as long as short |
| Injective LTC/USDC PERP | +0.0033% | 1h | 60.510 | −1.597% | $5K | $61K | 12x | as long as short |
| BloFin LTC-USDT | +0.0050% | 8h | 61.370 | −0.199% | $4.5M | $10.6M | 50x | as long as short |
| GRVT LTC_USDT_Perp | +0.0059% | 8h | 61.340 | −0.248% | $340K | $1.9M | 10x | as long as short |
| Orderly PERP_LTC_USDC | +0.0084% | 8h | 61.490 | −0.004% | $10K | $199K | 20x | as long as short |
| Aevo LTC-PERP | +0.0088% | 1h | 61.507 | +0.024% | $470K | — | 3x | as long as short |
| Paradex LTC-USD-PERP | +0.0093% | 8h | 61.479 | −0.022% | $19K | $20K | 20x | as long as short |
| Lighter LTC | +0.0096% | 1h | 61.558 | +0.107% | $1.4M | $960K | 10x | as long as short |
| Hyperliquid LTC | +0.0100% | 1h | 61.525 | +0.053% | $35.5M | $31.4M | 10x | as long as short |
| Aster LTCUSDT | +0.0100% | 8h | 61.560 | +0.110% | $2.5M | $3.7M | 75x | as long as short |
| Pacifica LTC | +0.0100% | 1h | 61.487 | −0.008% | $514K | $144K | 10x | as long as short |
| KuCoin LTCUSDTM | +0.0100% | 8h | 61.490 | −0.004% | $20.8M | $9.5M | 75x | as long as short |
| Bitget LTCUSDT | +0.0100% | 8h | 61.490 | −0.004% | $30.7M | $26.9M | 75x | as long as short |
| BingX LTC-USDC | +0.0100% | 8h | 61.500 | +0.012% | — | $6.5M | — | as long as short |
| Backpack LTC_USDC_PERP | +0.0100% | 1h | 61.480 | −0.020% | $141K | $575K | 10x | as long as short |
| edgeX LTCUSDC | +0.0100% | 4h | 61.324 | −0.274% | $39K | $330K | 20x | as long as short |
| SunX LTC-USDT | +0.0100% | 8h | 61.560 | +0.110% | $17K | $2.3M | 30x | as long as short |
| HTX LTC-USDT | +0.0100% | 8h | 61.400 | −0.150% | $2.0M | $6.4M | 75x | as long as short |
| Phemex LTCUSDT | +0.0100% | 8h | 61.530 | +0.061% | $21.2M | $9.2M | 50x | as long as short |
| ApeX Omni LTCUSDT | +0.0110% | 1h | 61.560 | +0.110% | $932K | $1.2M | 50x | as long as short |
| GMX LTC/USD [ETH-USDC] | L +0.0290% / S −0.0109% | 1h | 61.542 | +0.081% | $158K | — | 200x | as long as short |
| Reya LTCRUSDPERPlong | +0.0355% | 1h | 61.492 | long leg | $8K | — | 25x | |
| dYdX LTC-USD | +0.0423% | 1h | 61.526 | +0.055% | $427K | $21K | 10x | as long as short |
Kalshi KXLTCPERP
gTrade (Gains Network) LTC/USD
MEXC LTC_USDT
Binance LTCUSDT
Coinbase International LTC-PERP-INTX
Deribit LTC_USDC-PERPETUAL
Injective LTC/USDC PERP
BloFin LTC-USDT
GRVT LTC_USDT_Perp
Orderly PERP_LTC_USDC
Aevo LTC-PERP
Paradex LTC-USD-PERP
Lighter LTC
Hyperliquid LTC
Aster LTCUSDT
Pacifica LTC
KuCoin LTCUSDTM
Bitget LTCUSDT
BingX LTC-USDC
Backpack LTC_USDC_PERP
edgeX LTCUSDC
SunX LTC-USDT
HTX LTC-USDT
Phemex LTCUSDT
ApeX Omni LTCUSDT
GMX LTC/USD [ETH-USDC]
dYdX LTC-USD