LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.007%

Price spread now: Backpack against Extended−0.029%7-day average +0.024% · you buy dearer than you sell

Net, funding: paid 7d − costs−$42as in the Funding arb table

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$350.351% of the position

Long on Extended Short on Backpack

What this pair did over the last

the charts below follow

Funding, last 7 days−0.074%−$7 on $10k

Price spread, last 4 days (all we have)−0.003%$0 · spread now −0.029%, 7d avg +0.024%

Together, before fees−0.077%+ Points / potential airdropExtended: Active · farm board−$8 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Backpack is 0.054% cheaper against Extended than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.024%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended LTC-USD	62.058	0.0104	pay 0.0013% / 1h	50m 46s	$688K	$1.1M	25x
Short	Backpack LTC_USDC_PERP	62.040	0.0100	get 0.0013% / 1h	50m 46s	$159K	$265K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against Extended. 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 ExtendedbpFee BackpackbpOrdersPrice spread, now −0.029%Rate

Funding earned: −$0.84
Price spread: −0.029% → +0.024%: −$5.35
Slippage, 4 orders: −$20.07
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Backpack: 5 bp × 2 orders: −$10
Net: −$41.26
Costs to cover: 0.351%
Break-even: never at this rate

Slippage from Extended: live order book, 2 min ago; Backpack: live order book, 27 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 Extended live order book, 2 min ago	3.23 bp	8.6 bp −$9	13.2 bp −$132	doesn't fit	doesn't fit
Sell Backpack live order book, 27 min ago	0.08 bp	7.2 bp −$7	doesn't fit	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 −0.0093% / S +0.0288%	1h	62.071	+0.021%	$113K	—	200x	as long as short
Variational Omni LTC	−0.0047%	8h	61.757	−0.486%	$3.6M	$4.0M	—	as long as short
Kalshi KXLTCPERP	0.0000%	8h	62.078	+0.032%	$339K	$4.1M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	62.079	+0.033%	$31K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.363%	$5K	$22K	12x	as long as short
Gate LTC_USDT	+0.0074%	8h	62.090	+0.051%	$13.0M	$21.2M	75x	as long as short
Orderly PERP_LTC_USDC	+0.0100%	8h	62.060	+0.003%	$12K	$213K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	62.084	+0.042%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	62.070	+0.019%	$258K	$322K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	62.140	+0.131%	$37.6M	$23.7M	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster LTCUSDT	+0.0100%	8h	62.160	+0.164%	$2.7M	$2.3M	75x	as long as short
Pacifica LTC	+0.0100%	1h	62.108	+0.080%	$543K	$87K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	62.110	+0.083%	$96.2M	$222.9M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	62.060	+0.003%	$78.7M	$59.7M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	62.070	+0.019%	$27.7M	$75.5M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	62.080	+0.035%	$61.5M	$33.8M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	62.110	+0.083%	$19.2M	$12.7M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	62.090	+0.051%	$32.3M	$22.1M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	62.070	+0.019%	—	$37.6M	—	as long as short
Backpack LTC_USDC_PERPshort	+0.0100%	1h	62.040	−0.029%	$159K	$265K	10x
edgeX LTCUSDC	+0.0100%	4h	61.910	−0.239%	$42K	$356K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.930	−0.207%	$353K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	62.010	−0.078%	$104K	$707K	50x	as long as short
Polymarket Perps LTC-USD	+0.0100%	1h	62.032	−0.042%	$86K	$378K	10x	as long as short
SunX LTC-USDT	+0.0100%	8h	62.160	+0.164%	$17K	$4.2M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	62.080	+0.035%	$639	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	62.040	−0.029%	$1.9M	$4.8M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	62.090	+0.051%	$22.2M	$9.1M	50x	as long as short
Extended LTC-USDlong	+0.0104%	1h	62.058	long leg	$688K	$1.1M	25x
Aevo LTC-PERP	+0.0104%	1h	62.070	+0.018%	$474K	$499	3x	as long as short
Lighter LTC	+0.0168%	1h	62.174	+0.187%	$1.3M	$1.2M	10x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0201%	1h	62.105	+0.075%	$701K	$1.1M	50x	as long as short
BloFin LTC-USDT	+0.0220%	8h	62.070	+0.019%	$4.8M	$11.8M	50x	as long as short
Reya LTCRUSDPERP	+0.0335%	1h	62.062	+0.007%	$8K	—	25x	as long as short
Kraken Futures PF_LTCUSD	+0.0432%	1h	62.107	+0.078%	$6.9M	$5.8M	50x	as long as short
dYdX LTC-USD	+0.0824%	1h	62.071	+0.021%	$436K	$8K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0848%	1h	62.220	+0.261%	$1.2M	$2.3M	50x	as long as short