Funding you earn now, next payment 00:00 UTC−0.0334%/8h= −36.6% APRpaid last 24h −0.002%
Price spread now: Bitget against Kraken Futures+0.009%48s7-day average −0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$470.465% of the position
Funding, last 7 days−0.024%−$2 on $10k
+Price spread, last 3 days (all we have)−0.063%−$6 · spread now +0.009%, 7d avg −0.041%
=The price spread pays, funding is against you. Bitget is 0.051% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.009% now, against its 7-day average of −0.041%): +$5 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 12 hours. At the pace of the last 7 days (−0.024% in total) that is about 15 days. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.024% in total (about -1.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_LTCUSD | 61.874 | 0.0434 | pay 0.0054% / 1h | 23m 27s | $6.8M | $5.8M | 50x |
| Short | Bitget LTCUSDT | 61.880 | 0.0100 | get 0.0100% / 8h | 23m 27s | $32.1M | $22.1M | 75x |
Kraken Futures PF_LTCUSD
Bitget LTCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Kraken Futures. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$70.1
- Price spread: +0.009% → −0.041%
- $5.08
- Slippage, 4 orders
- −$24.5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$111.53
- Costs to cover
- 0.465%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 5 min ago; Bitget: live order book, 5 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 Kraken Futures live order book, 5 min ago | 3.23 bp | 11.6 bp −$12 | 17.9 bp −$179 | 73.4 bp −$7,335 | doesn't fit |
| Sell Bitget live order book, 5 min ago | 0.81 bp | 13.0 bp −$13 | 15.7 bp −$157 | 28.9 bp −$2,894 | 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 −0.0131% / S +0.0328% | 1h | 61.899 | +0.040% | $122K | — | 200x | as long as short |
| Variational Omni LTC | −0.0043% | 8h | 61.828 | −0.075% | $3.6M | $4.0M | — | as long as short |
| Kalshi KXLTCPERP | 0.0000% | 8h | 61.892 | +0.029% | $313K | $4.2M | 4x | as long as short |
| Deribit LTC_USDC-PERPETUAL | 0.0000% | 1h | 61.891 | +0.027% | $699K | $1.1M | 50x | as long as short |
| gTrade (Gains Network) LTC/USD | L +0.0002% / S −0.0003% | 1h | 61.899 | +0.040% | $31K | — | 150x | as long as short |
| Polymarket Perps LTC-USD | +0.0026% | 1h | 61.832 | −0.068% | $85K | $378K | 10x | as long as short |
| Injective LTC/USDC PERP | +0.0033% | 1h | 58.730 | −5.082% | $5K | $22K | 12x | as long as short |
| Gate LTC_USDT | +0.0089% | 8h | 61.880 | +0.009% | $13.0M | $21.3M | 75x | as long as short |
| Orderly PERP_LTC_USDC | +0.0100% | 8h | 61.910 | +0.058% | $12K | $213K | 20x | as long as short |
| Paradex LTC-USD-PERP | +0.0100% | 8h | 61.857 | −0.027% | $14K | $10K | 20x | as long as short |
GMX LTC/USD [ETH-USDC]
Variational Omni LTC
Kalshi KXLTCPERP
Deribit LTC_USDC-PERPETUAL
gTrade (Gains Network) LTC/USD
Polymarket Perps LTC-USD
Injective LTC/USDC PERP
Gate LTC_USDT
Orderly PERP_LTC_USDC
Paradex LTC-USD-PERPShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado LTC-PERP | +0.0100% | 1h | 61.840 | −0.055% | $263K | $323K | 10x | as long as short |
| Hyperliquid LTC | +0.0100% | 1h | 61.923 | +0.079% | $37.5M | $23.8M | 10x | as long as short |
| Aster LTCUSDT | +0.0100% | 8h | 61.960 | +0.138% | $2.6M | $2.3M | 75x | as long as short |
| Pacifica LTC | +0.0100% | 1h | 61.862 | −0.019% | $541K | $87K | 10x | as long as short |
| Binance LTCUSDT | +0.0100% | 8h | 61.880 | +0.009% | $95.9M | $223.1M | 75x | as long as short |
| Bybit LTCUSDT | +0.0100% | 8h | 61.870 | −0.007% | $78.4M | $59.7M | 75x | as long as short |
| OKX LTC-USDT-SWAP | +0.0100% | 8h | 61.860 | −0.023% | $27.6M | $75.3M | 50x | as long as short |
| MEXC LTC_USDT | +0.0100% | 8h | 61.880 | +0.009% | $61.9M | $34.1M | 200x | as long as short |
| KuCoin LTCUSDTM | +0.0100% | 8h | 61.880 | +0.009% | $19.1M | $12.6M | 75x | as long as short |
| Bitget LTCUSDTshort | +0.0100% | 8h | 61.880 | +0.009% | $32.1M | $22.1M | 75x | |
| BingX LTC-USDC | +0.0100% | 8h | 61.870 | −0.007% | — | $6.5M | — | as long as short |
| Backpack LTC_USDC_PERP | +0.0100% | 1h | 61.837 | −0.060% | $158K | $267K | 10x | as long as short |
| edgeX LTCUSDC | +0.0100% | 4h | 61.825 | −0.080% | $42K | $356K | 20x | as long as short |
| GRVT LTC_USDT_Perp | +0.0100% | 8h | 61.916 | +0.068% | $350K | $1.9M | 10x | as long as short |
| ApeX Omni LTCUSDT | +0.0100% | 1h | 61.840 | −0.055% | $118K | $712K | 50x | as long as short |
| SunX LTC-USDT | +0.0100% | 8h | 61.970 | +0.155% | $18K | $4.1M | 30x | as long as short |
| SoDEX LTC-USD | +0.0100% | 1h | 61.850 | −0.039% | $637 | $5K | 10x | as long as short |
| HTX LTC-USDT | +0.0100% | 8h | 61.850 | −0.039% | $1.9M | $4.8M | 75x | as long as short |
| Phemex LTCUSDT | +0.0100% | 8h | 61.870 | −0.007% | $22.1M | $9.1M | 50x | as long as short |
| Lighter LTC | +0.0104% | 1h | 61.933 | +0.095% | $1.3M | $1.2M | 10x | as long as short |
| Extended LTC-USD | +0.0104% | 1h | 61.853 | −0.035% | $688K | $1.1M | 25x | as long as short |
| Aevo LTC-PERP | +0.0104% | 1h | 61.850 | −0.038% | $472K | $499 | 3x | as long as short |
| BloFin LTC-USDT | +0.0220% | 8h | 61.850 | −0.039% | $4.9M | $11.8M | 50x | as long as short |
| Reya LTCRUSDPERP | +0.0335% | 1h | 61.862 | −0.020% | $8K | — | 25x | as long as short |
| Kraken Futures PF_LTCUSDlong | +0.0434% | 1h | 61.874 | long leg | $6.8M | $5.8M | 50x | |
| dYdX LTC-USD | +0.0796% | 1h | 61.861 | −0.021% | $435K | $8K | 10x | as long as short |
| Coinbase International LTC-PERP-INTX | +0.0848% | 1h | 62.050 | +0.284% | $1.2M | $2.3M | 50x | as long as short |
Nado LTC-PERP
Hyperliquid LTC
Aster LTCUSDT
Pacifica LTC
Binance LTCUSDT
Bybit LTCUSDT
OKX LTC-USDT-SWAP
MEXC LTC_USDT
KuCoin LTCUSDTM
BingX LTC-USDC
Backpack LTC_USDC_PERP
edgeX LTCUSDC
GRVT LTC_USDT_Perp
ApeX Omni LTCUSDT
SunX LTC-USDT
SoDEX LTC-USD
HTX LTC-USDT
Phemex LTCUSDT
Lighter LTC
Extended LTC-USD
Aevo LTC-PERP
BloFin LTC-USDT
Reya LTCRUSDPERP
dYdX LTC-USD
Coinbase International LTC-PERP-INTX