LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0770%/8h= +84.3% APRnext payment +$0.96 per $10,000 · paid last 24h +0.148%

Price spread now: Coinbase International against Deribit+0.408%7-day average +0.083% · you sell dearer than you buy

Net, funding: paid 7d − costs+$13as in the Funding arb table

Net, price: spread back to 7d avg − costs−$11as in the Price arb table

costs, in and out, $10k−$430.431% of the position

Long on Deribit Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.560%+$56 on $10k

Price spread, last 4 days (all we have)−0.480%−$48 · spread now +0.408%, 7d avg +0.083%

Together, before fees+0.080%+$8 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and Coinbase International is 0.326% dearer against Deribit than usual: you sell high and buy low: +$33 more if the spread goes back to its 7-day average of +0.083%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit LTC_USDC-PERPETUAL	61.011	0.0062	pay 0.0008% / 1h	10m 34s	$692K	$1.1M	50x
Short	Coinbase International LTC-PERP-INTX	61.260	0.0832	get 0.0104% / 1h	10m 34s	$1.1M	$2.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Deribit. 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 DeribitbpFee Coinbase InternationalbpOrdersPrice spread, now +0.408%Rate

Funding earned: $161.7
Price spread: +0.408% → +0.083%: $32.56
Slippage, 4 orders: −$26.13
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $151.13
Costs to cover: 0.431%
Break-even: 0.5 days

Slippage from Deribit: live order book, 3 min ago; Coinbase International: live order book, 3 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 Deribit live order book, 3 min ago	4.10 bp	7.6 bp −$8	doesn't fit	doesn't fit	doesn't fit
Sell Coinbase International live order book, 3 min ago	6.55 bp	14.2 bp −$14	20.1 bp −$201	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 −0.0283% / S +0.0408%	1h	60.959	−0.085%	$111K	—	200x	as long as short
Polymarket Perps LTC-USD	−0.0143%	1h	60.926	−0.139%	$80K	$390K	10x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.972	−0.064%	$318K	$4.3M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	60.965	−0.076%	$30K	—	150x	as long as short
Variational Omni LTC	+0.0013%	8h	60.923	−0.144%	$3.6M	$2.6M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.739%	$5K	$22K	12x	as long as short
Deribit LTC_USDC-PERPETUALlong	+0.0062%	1h	61.011	long leg	$692K	$1.1M	50x
Lighter LTC	+0.0096%	1h	61.049	+0.062%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.960	−0.084%	$13K	$208K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.985	−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	60.980	−0.051%	$265K	$326K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	61.058	+0.077%	$37.2M	$24.6M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	61.017	+0.011%	$2.6M	$2.5M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.006	−0.008%	$533K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.992	−0.031%	$91.3M	$225.5M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.990	−0.034%	$77.5M	$58.7M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.990	−0.034%	$27.0M	$74.4M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.980	−0.051%	$12.6M	$21.4M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.000	−0.018%	$58.0M	$35.0M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.010	−0.002%	$18.4M	$12.8M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.980	−0.051%	$32.6M	$22.3M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	60.990	−0.034%	—	$38.1M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.975	−0.059%	$154K	$276K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.933	−0.128%	$41K	$373K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.924	−0.142%	$345K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.970	−0.067%	$102K	$717K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.020	+0.015%	$18K	$3.9M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.990	−0.034%	$163	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.910	−0.166%	$2.0M	$4.8M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.000	−0.018%	$21.7M	$8.8M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.964	−0.076%	$675K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.975	−0.059%	$466K	—	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.940	−0.116%	$4.8M	$12.2M	50x	as long as short
dYdX LTC-USD	+0.0246%	1h	61.018	+0.011%	$429K	$8K	10x	as long as short
Reya LTCRUSDPERP	+0.0336%	1h	60.919	−0.151%	$8K	—	25x	as long as short
Kraken Futures PF_LTCUSD	+0.0349%	1h	61.010	−0.001%	$6.7M	$6.1M	50x	as long as short
Coinbase International LTC-PERP-INTXshort	+0.0832%	1h	61.260	+0.408%	$1.1M	$2.3M	50x