LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0065%/8h= +7.1% APRnext payment +$0.08 per $10,000 · paid last 24h −0.007%

Price spread now: Lighter against Deribit−0.076%7-day average +0.017% · you buy dearer than you sell

Net, funding: paid 7d − costs−$19as in the Funding arb table

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$290.286% of the position

Long on Deribit Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.092%+$9 on $10k

Price spread, last 4 days (all we have)+0.050%+$5 · spread now −0.076%, 7d avg +0.017%

Together, before fees+0.142%+ Points / potential airdropLighter: Season 3 · farm board+$14 on $10k · with fees, hour by hour

Funding pays, the price is against you. Lighter is 0.093% cheaper against Deribit than usual: you would sell low and buy high (spread −0.076% now, against its 7-day average of +0.017%). If the spread goes back, that is −$9 on $10k: about 4.8 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit LTC_USDC-PERPETUAL	60.589	0.0031	pay 0.0004% / 1h	29m 00s	$685K	$1.1M	50x
Short	Lighter LTC	60.543	0.0096	get 0.0012% / 1h	29m 00s	$930K	$1.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now −0.076%Rate

Funding earned: $13.65
Price spread: −0.076% → +0.017%: −$9.3
Slippage, 4 orders: −$21.57
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Lighter: 0 bp × 2 orders: $0
Net: −$24.22
Costs to cover: 0.286%
Break-even: 19.4 days

Slippage from Deribit: live order book, 5 min ago; Lighter: live order book, 2 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, 5 min ago	4.13 bp	7.6 bp −$8	14.7 bp −$147	doesn't fit	doesn't fit
Sell Lighter live order book, 2 min ago	2.64 bp	6.6 bp −$7	18.1 bp −$181	120.9 bp −$12.1K	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 −0.0229% / S +0.0381%	1h	60.579	−0.016%	$96K	—	200x	as long as short
Polymarket Perps LTC-USD	−0.0160%	1h	60.568	−0.035%	$88K	$646K	10x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.582	−0.012%	$332K	$4.3M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0002%	1h	60.565	−0.039%	$25K	—	150x	as long as short
Kraken Futures PF_LTCUSD	+0.0012%	1h	60.539	−0.082%	$6.6M	$6.5M	50x	as long as short
Variational Omni LTC	+0.0027%	8h	60.476	−0.187%	$3.6M	$2.6M	—	as long as short
Deribit LTC_USDC-PERPETUALlong	+0.0031%	1h	60.589	long leg	$685K	$1.1M	50x
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.068%	$5K	$22K	12x	as long as short
Lighter LTCshort	+0.0096%	1h	60.543	−0.076%	$930K	$1.7M	10x
Orderly PERP_LTC_USDC	+0.0099%	8h	60.540	−0.081%	$13K	$136K	20x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex LTC-USD-PERP	+0.0100%	8h	60.539	−0.082%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	60.565	−0.040%	$264K	$333K	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.530	−0.097%	$2.5M	$2.5M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.572	−0.028%	$529K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.510	−0.130%	$88.9M	$233.4M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.500	−0.147%	$76.6M	$61.6M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.500	−0.147%	$26.6M	$75.9M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.500	−0.147%	$13.1M	$22.1M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.530	−0.097%	$56.3M	$35.8M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.530	−0.097%	$17.9M	$13.1M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.490	−0.163%	$31.0M	$22.8M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	60.530	−0.097%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.529	−0.099%	$144K	$270K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.571	−0.030%	$41K	$376K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.515	−0.123%	$338K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.570	−0.031%	$106K	$714K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	60.650	+0.101%	$17K	$3.9M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.530	−0.097%	$162	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.520	−0.114%	$2.0M	$5.0M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.550	−0.064%	$21.4M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.526	−0.104%	$672K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.550	−0.064%	$462K	—	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.570	−0.031%	$4.1M	$12.4M	50x	as long as short
Hyperliquid LTC	+0.0253%	1h	60.587	−0.003%	$37.8M	$26.2M	10x	as long as short
dYdX LTC-USD	+0.0337%	1h	60.570	−0.031%	$426K	$7K	10x	as long as short
Reya LTCRUSDPERP	+0.0337%	1h	60.571	−0.029%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0728%	1h	60.960	+0.612%	$1.1M	$2.5M	50x	as long as short