LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0058%/8h= −6.4% APRnext payment −$0.07 per $10,000 · paid last 24h −0.054%

Price spread now: Lighter against Hyperliquid−0.010%7-day average −0.047% · you buy dearer than you sell

Net, funding: paid 7d − costs−$43as in the Funding arb table

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$240.238% of the position

Long on Hyperliquid Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days−0.189%−$19 on $10k

Price spread, last 4 days (all we have)−0.103%−$10 · spread now −0.010%, 7d avg −0.047%

Together, before fees−0.291%+ Points / potential airdropHyperliquid: Season 2 · Lighter: Season 3 · farm board−$29 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Lighter is 0.038% dearer against Hyperliquid than usual: you sell high and buy low (spread −0.010% now, against its 7-day average of −0.047%): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid LTC	62.351	0.0154	pay 0.0019% / 1h	9m 50s	$38.1M	$23.8M	10x
Short	Lighter LTC	62.345	0.0096	get 0.0012% / 1h	9m 50s	$1.3M	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Hyperliquid. 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 HyperliquidbpFee LighterbpOrdersPrice spread, now −0.010%Rate

Funding earned: −$12.26
Price spread: −0.010% → −0.047%: $3.77
Slippage, 4 orders: −$14.8
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Lighter: 0 bp × 2 orders: $0
Net: −$32.29
Costs to cover: 0.238%
Break-even: never at this rate

Slippage from Hyperliquid: live order book, 3 min ago; Lighter: live order book, 1 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 Hyperliquid live order book, 3 min ago	0.08 bp	6.2 bp −$6	doesn't fit	doesn't fit	doesn't fit
Sell Lighter live order book, 1 min ago	3.13 bp	5.9 bp −$6	14.4 bp −$144	121.1 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
Polymarket Perps LTC-USD	−0.0280%	1h	62.220	−0.210%	$86K	$370K	10x	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0208% / S +0.0367%	1h	62.281	−0.113%	$123K	—	200x	as long as short
Variational Omni LTC	−0.0041%	8h	62.165	−0.299%	$3.7M	$2.6M	—	as long as short
Kalshi KXLTCPERP	0.0000%	8h	62.274	−0.123%	$316K	$4.1M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	62.299	−0.083%	$715K	$1.1M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	62.286	−0.104%	$31K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.807%	$5K	$22K	12x	as long as short
Lighter LTCshort	+0.0096%	1h	62.345	−0.010%	$1.3M	$1.2M	10x
Orderly PERP_LTC_USDC	+0.0100%	8h	62.280	−0.114%	$12K	$212K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	62.244	−0.172%	$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	62.285	−0.106%	$267K	$313K	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	62.296	−0.088%	$2.7M	$2.3M	75x	as long as short
Pacifica LTC	+0.0100%	1h	62.260	−0.146%	$544K	$87K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	62.266	−0.136%	$95.9M	$220.8M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	62.240	−0.178%	$79.0M	$57.4M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	62.280	−0.114%	$27.8M	$74.9M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	62.280	−0.114%	$13.0M	$21.0M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	62.260	−0.146%	$62.2M	$34.3M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	62.260	−0.146%	$19.2M	$12.6M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	62.260	−0.146%	$32.2M	$21.8M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	62.260	−0.146%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	62.238	−0.181%	$159K	$263K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	62.229	−0.195%	$42K	$358K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	62.321	−0.047%	$351K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	62.270	−0.130%	$106K	$713K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	62.340	−0.018%	$17K	$4.0M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	62.200	−0.242%	$641	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	62.220	−0.210%	$2.0M	$4.7M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	62.250	−0.162%	$22.2M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	62.239	−0.180%	$690K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	62.225	−0.202%	$475K	—	3x	as long as short
Hyperliquid LTClong	+0.0154%	1h	62.351	long leg	$38.1M	$23.8M	10x
Kraken Futures PF_LTCUSD	+0.0210%	1h	62.237	−0.182%	$6.9M	$5.8M	50x	as long as short
BloFin LTC-USDT	+0.0220%	8h	62.210	−0.226%	$4.9M	$11.9M	50x	as long as short
Reya LTCRUSDPERP	+0.0335%	1h	62.256	−0.152%	$8K	—	25x	as long as short
dYdX LTC-USD	+0.0589%	1h	62.250	−0.162%	$438K	$8K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0840%	1h	62.420	+0.111%	$1.2M	$2.2M	50x	as long as short