LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0785%/8h= −85.9% APRnext payment −$0.98 per $10,000 · paid last 24h −0.167%

Price spread now: Kraken Futures against dYdX+0.048%7-day average +0.016% · you sell dearer than you buy

Net, funding: paid 7d − costs−$212as in the Funding arb table

Net, price: spread back to 7d avg − costs−$129as in the Price arb table

costs, in and out, $10k−$1321.322% of the position

Long on dYdX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−0.798%−$80 on $10k

Price spread, last 3 days (all we have)−0.038%−$4 · spread now +0.048%, 7d avg +0.016%

Together, before fees−0.836%−$84 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Kraken Futures is 0.032% dearer against dYdX than usual: you sell high and buy low (spread +0.048% now, against its 7-day average of +0.016%): +$3 on $10k if it goes back. Holding the pair costs −$24 a day in funding at the current rate, which eats that in about 3 hours. At the pace of the last 7 days (−0.798% in total) that is about 7 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX LTC-USD	61.921	0.0871	pay 0.0109% / 1h	44m 31s	$435K	$8K	10x
Short	Kraken Futures PF_LTCUSD	61.951	0.0087	get 0.0011% / 1h	44m 31s	$6.8M	$5.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.048%Rate

Funding earned: −$164.76
Price spread: +0.048% → +0.016%: $3.19
Slippage, 4 orders: −$112.17
Fee dYdX: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$293.74
Costs to cover: 1.322%
Break-even: never at this rate

Slippage from dYdX: live order book, 40 min ago; Kraken Futures: live order book, 4 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, 40 min ago	50.19 bp	55.2 bp −$55	55.2 bp −$552	55.2 bp −$5,519	123.1 bp −$61.5K
Sell Kraken Futures live order book, 4 min ago	2.42 bp	9.6 bp −$10	13.9 bp −$139	75.9 bp −$7,587	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
Variational Omni LTC	−0.0072%	8h	61.779	−0.229%	$3.6M	$4.0M	—	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0036% / S +0.0265%	1h	61.912	−0.015%	$128K	—	200x	as long as short
Polymarket Perps LTC-USD	−0.0020%	1h	61.916	−0.008%	$81K	$374K	10x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.914	−0.011%	$331K	$4.1M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	61.949	+0.046%	$31K	—	150x	as long as short
Gate LTC_USDT	+0.0005%	8h	61.960	+0.063%	$12.8M	$21.0M	75x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.153%	$5K	$22K	12x	as long as short
Backpack LTC_USDC_PERP	+0.0039%	1h	61.883	−0.061%	$159K	$265K	10x	as long as short
Kraken Futures PF_LTCUSDshort	+0.0087%	1h	61.951	+0.048%	$6.8M	$5.7M	50x
Lighter LTC	+0.0096%	1h	62.008	+0.141%	$1.3M	$1.2M	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_LTC_USDC	+0.0099%	8h	61.910	−0.017%	$12K	$212K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	61.925	+0.007%	$16K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	61.930	+0.015%	$254K	$329K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	62.013	+0.149%	$38.1M	$23.1M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	61.949	+0.046%	$2.6M	$2.2M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.960	+0.063%	$542K	$84K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.978	+0.093%	$95.9M	$222.0M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	61.940	+0.031%	$78.5M	$59.6M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.950	+0.047%	$27.5M	$74.9M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.960	+0.063%	$62.3M	$34.5M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.970	+0.080%	$18.7M	$12.2M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.940	+0.031%	$32.1M	$21.8M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	61.960	+0.063%	—	$6.5M	—	as long as short
edgeX LTCUSDC	+0.0100%	4h	61.846	−0.121%	$42K	$348K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.810	−0.179%	$346K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.880	−0.066%	$103K	$712K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.990	+0.112%	$17K	$4.2M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.910	−0.017%	$638	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	61.900	−0.033%	$1.9M	$4.8M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.920	−0.001%	$22.2M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	61.943	+0.037%	$691K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.919	−0.002%	$473K	$499	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	61.900	−0.033%	$4.8M	$11.7M	50x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0283%	1h	61.949	+0.046%	$693K	$1.0M	50x	as long as short
Reya LTCRUSDPERP	+0.0334%	1h	61.935	+0.023%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0760%	1h	61.950	+0.047%	$1.2M	$2.2M	50x	as long as short
dYdX LTC-USDlong	+0.0871%	1h	61.921	long leg	$435K	$8K	10x