LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.053%

Price spread now: Bybit against BloFin−0.229%92s7-day average −0.045% · you buy dearer than you sell

Net, funding: paid 7d − costs−$62as 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−$350.352% of the position

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.269%−$27 on $10k

Price spread, last 4 days (all we have)+0.165%+$17 · spread now −0.229%, 7d avg −0.045%

Together, before fees−0.104%−$10 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bybit is 0.185% cheaper against BloFin than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of −0.045%). Swap the legs. The two prices were read 92 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin LTC-USDT	61.010	0.0220	pay 0.0220% / 8h	3h 27m	$4.7M	$12.3M	50x
Short	Bybit LTCUSDT	60.870	0.0100	get 0.0100% / 8h	3h 27m	$77.4M	$61.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against BloFin. 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 BloFinbpFee BybitbpOrdersPrice spread, now −0.229%Rate

Funding earned: −$25.2
Price spread: −0.229% → −0.045%: −$18.45
Slippage, 4 orders: −$12.2
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$78.86
Costs to cover: 0.352%
Break-even: never at this rate

Slippage from BloFin: live order book, 6 min ago; Bybit: live order book, 1 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 BloFin live order book, 6 min ago	2.46 bp	10.0 bp −$10	12.4 bp −$124	27.6 bp −$2,762	94.5 bp −$47.2K
Sell Bybit live order book, 1 min ago	0.82 bp	7.4 bp −$7	12.7 bp −$127	43.9 bp −$4,392	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	60.937	−0.120%	$102K	—	200x	as long as short
Polymarket Perps LTC-USD	−0.0245%	1h	60.913	−0.159%	$93K	$612K	10x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.979	−0.051%	$347K	$4.3M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	60.961	−0.080%	$689K	$1.1M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	60.943	−0.110%	$30K	—	150x	as long as short
Variational Omni LTC	+0.0027%	8h	61.074	+0.105%	$3.6M	$2.6M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.737%	$5K	$22K	12x	as long as short
Lighter LTC	+0.0096%	1h	60.923	−0.143%	$940K	$1.6M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.940	−0.115%	$13K	$145K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.937	−0.119%	$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	60.945	−0.107%	$268K	$331K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	60.975	−0.057%	$37.3M	$25.3M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.941	−0.113%	$2.6M	$2.6M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.958	−0.086%	$533K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.900	−0.180%	$89.9M	$232.1M	75x	as long as short
Bybit LTCUSDTshort	+0.0100%	8h	60.870	−0.229%	$77.4M	$61.6M	75x
OKX LTC-USDT-SWAP	+0.0100%	8h	60.890	−0.197%	$26.8M	$76.2M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.900	−0.180%	$12.8M	$21.9M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.890	−0.197%	$57.8M	$35.4M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.900	−0.180%	$18.2M	$13.1M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.930	−0.131%	$31.3M	$22.9M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	60.910	−0.164%	—	$38.4M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.925	−0.139%	$147K	$278K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	61.018	+0.013%	$41K	$375K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.083	+0.119%	$346K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.070	+0.098%	$107K	$716K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.010	0.000%	$17K	$3.9M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.960	−0.082%	$163	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.920	−0.148%	$2.0M	$5.0M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.960	−0.082%	$21.6M	$8.9M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.887	−0.201%	$675K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.920	−0.147%	$465K	—	3x	as long as short
dYdX LTC-USD	+0.0215%	1h	60.908	−0.167%	$428K	$7K	10x	as long as short
BloFin LTC-USDTlong	+0.0220%	8h	61.010	long leg	$4.7M	$12.3M	50x
Kraken Futures PF_LTCUSD	+0.0230%	1h	60.966	−0.072%	$6.7M	$6.3M	50x	as long as short
Reya LTCRUSDPERP	+0.0337%	1h	60.914	−0.157%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0792%	1h	61.110	+0.164%	$1.1M	$2.4M	50x	as long as short