LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0204%/8h= −22.3% APRnext payment −$0.26 per $10,000 · paid last 24h −0.152%

Price spread now: Deribit against dYdX+0.170%7-day average +0.037% · you sell dearer than you buy

Net, funding: paid 7d − costs−$167as in the Funding arb table

Net, price: spread back to 7d avg − costs−$56as in the Price arb table

costs, in and out, $10k−$700.698% of the position

Long on dYdX Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.969%−$97 on $10k

Price spread, last 4 days (all we have)−0.139%−$14 · spread now +0.170%, 7d avg +0.037%

Together, before fees−1.108%−$111 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Deribit is 0.133% dearer against dYdX than usual: you sell high and buy low (spread +0.170% now, against its 7-day average of +0.037%): +$13 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 2.2 days. At the pace of the last 7 days (−0.969% in total) that is about 23 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX LTC-USD	60.718	0.0217	pay 0.0027% / 1h	22m 27s	$427K	$7K	10x
Short	Deribit LTC_USDC-PERPETUAL	60.821	0.0013	get 0.0002% / 1h	22m 27s	$687K	$1.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against dYdX. 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 dYdXbpFee DeribitbpOrdersPrice spread, now +0.170%Rate

Funding earned: −$42.85
Price spread: +0.170% → +0.037%: $13.31
Slippage, 4 orders: −$52.79
Fee dYdX: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$99.32
Costs to cover: 0.698%
Break-even: never at this rate

Slippage from dYdX: live order book, 32 min ago; Deribit: 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 dYdX live order book, 32 min ago	15.48 bp	32.2 bp −$32	33.4 bp −$334	63.0 bp −$6,305	86.7 bp −$43.4K
Sell Deribit live order book, 2 min ago	2.47 bp	8.6 bp −$9	12.4 bp −$124	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 −0.0254% / S +0.0399%	1h	60.757	+0.065%	$102K	—	200x	as long as short
Polymarket Perps LTC-USD	−0.0241%	1h	60.704	−0.023%	$93K	$612K	10x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.820	+0.168%	$346K	$4.3M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	60.754	+0.060%	$30K	—	150x	as long as short
Deribit LTC_USDC-PERPETUALshort	+0.0013%	1h	60.821	+0.170%	$687K	$1.1M	50x
Variational Omni LTC	+0.0024%	8h	60.814	+0.158%	$3.6M	$2.6M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.274%	$5K	$22K	12x	as long as short
Lighter LTC	+0.0096%	1h	60.737	+0.032%	$937K	$1.6M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.740	+0.036%	$13K	$144K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.698	−0.033%	$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	60.705	−0.021%	$267K	$328K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	60.803	+0.140%	$37.1M	$25.3M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.765	+0.078%	$2.5M	$2.5M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.710	−0.013%	$531K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.750	+0.053%	$89.6M	$232.0M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.730	+0.020%	$77.1M	$61.7M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.750	+0.053%	$26.7M	$76.1M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.740	+0.036%	$12.8M	$21.9M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.730	+0.020%	$57.7M	$35.5M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.750	+0.053%	$18.1M	$13.1M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.750	+0.053%	$31.2M	$22.9M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	60.730	+0.020%	—	$38.4M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.763	+0.074%	$146K	$279K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.868	+0.248%	$41K	$374K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.824	+0.175%	$344K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.890	+0.284%	$107K	$716K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	60.860	+0.234%	$18K	$3.9M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.780	+0.102%	$163	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.780	+0.102%	$2.0M	$5.0M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.800	+0.135%	$21.5M	$8.9M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.658	−0.098%	$675K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.733	+0.025%	$464K	—	3x	as long as short
dYdX LTC-USDlong	+0.0217%	1h	60.718	long leg	$427K	$7K	10x
BloFin LTC-USDT	+0.0220%	8h	60.800	+0.135%	$4.7M	$12.3M	50x	as long as short
Kraken Futures PF_LTCUSD	+0.0231%	1h	60.804	+0.142%	$6.7M	$6.4M	50x	as long as short
Reya LTCRUSDPERP	+0.0337%	1h	60.718	0.000%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0792%	1h	60.930	+0.349%	$1.1M	$2.4M	50x	as long as short