Funding you earn now, next payment 07:00 UTC+0.0143%/8h= +15.6% APRnext payment +$0.18 per $10,000 · paid last 24h +0.128%
Price spread now: dYdX against Kraken Futures+0.039%7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$140as in the Funding arb table
Net, price: spread back to 7d avg − costs−$213as in the Price arb table
costs, in and out, $10k−$2182.183% of the position
Funding, last 7 days+0.780%+$78 on $10k
+Price spread, last 4 days (all we have)−0.053%−$5 · spread now +0.039%, 7d avg −0.018%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and dYdX is 0.057% dearer against Kraken Futures than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.018%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_LTCUSD | 61.006 | 0.0131 | pay 0.0016% / 1h | 14m 58s | $6.6M | $6.6M | 50x |
| Short | dYdX LTC-USD | 61.030 | 0.0274 | get 0.0034% / 1h | 14m 58s | $429K | $7K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- $29.95
- Price spread: +0.039% → −0.018%
- $5.71
- Slippage, 4 orders
- −$198.32
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$182.66
- Costs to cover
- 2.183%
- Break-even
- 49.7 days
Slippage from Kraken Futures: live order book, 4 min ago; dYdX: live order book, 29 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, 4 min ago | 2.46 bp | 11.5 bp −$12 | 20.0 bp −$200 | 70.2 bp −$7,023 | doesn't fit |
| Sell dYdX live order book, 29 min ago | 14.78 bp | 176.7 bp −$177 | 180.3 bp −$1,803 | 188.3 bp −$18.8K | 489.9 bp −$244.9K |
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 −0.0038% / S +0.0170% | 1h | 60.992 | −0.022% | $76K | — | 200x | as long as short |
| Kalshi KXLTCPERP | 0.0000% | 8h | 61.028 | +0.036% | $340K | $4.4M | 4x | as long as short |
| gTrade (Gains Network) LTC/USD | L +0.0002% / S −0.0002% | 1h | 60.992 | −0.022% | $25K | — | 150x | as long as short |
| Polymarket Perps LTC-USD | +0.0005% | 1h | 60.967 | −0.064% | $82K | $740K | 10x | as long as short |
| Injective LTC/USDC PERP | +0.0033% | 1h | 58.730 | −3.731% | $5K | $22K | 12x | as long as short |
| Variational Omni LTC | +0.0038% | 8h | 60.994 | −0.019% | $3.6M | $2.6M | — | as long as short |
| Lighter LTC | +0.0096% | 1h | 61.027 | +0.034% | $934K | $1.7M | 10x | as long as short |
| Orderly PERP_LTC_USDC | +0.0099% | 8h | 60.970 | −0.059% | $13K | $119K | 20x | as long as short |
| Paradex LTC-USD-PERP | +0.0100% | 8h | 60.998 | −0.013% | $14K | $10K | 20x | as long as short |
| Nado LTC-PERP | +0.0100% | 1h | 61.000 | −0.010% | $267K | $340K | 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 | 61.037 | +0.051% | $2.5M | $2.6M | 75x | as long as short |
| Pacifica LTC | +0.0100% | 1h | 61.011 | +0.009% | $533K | $82K | 10x | as long as short |
| Binance LTCUSDT | +0.0100% | 8h | 60.981 | −0.041% | $89.8M | $235.1M | 75x | as long as short |
| Bybit LTCUSDT | +0.0100% | 8h | 60.980 | −0.043% | $77.3M | $61.7M | 75x | as long as short |
| OKX LTC-USDT-SWAP | +0.0100% | 8h | 60.970 | −0.059% | $27.0M | $76.8M | 50x | as long as short |
| Gate LTC_USDT | +0.0100% | 8h | 60.990 | −0.026% | $13.7M | $22.2M | 75x | as long as short |
| MEXC LTC_USDT | +0.0100% | 8h | 60.980 | −0.043% | $57.0M | $36.2M | 200x | as long as short |
| KuCoin LTCUSDTM | +0.0100% | 8h | 60.990 | −0.026% | $18.3M | $13.4M | 75x | as long as short |
| Bitget LTCUSDT | +0.0100% | 8h | 61.000 | −0.010% | $31.4M | $22.9M | 75x | as long as short |
| BingX LTC-USDC | +0.0100% | 8h | 60.990 | −0.026% | — | $6.5M | — | as long as short |
| Backpack LTC_USDC_PERP | +0.0100% | 1h | 60.993 | −0.021% | $142K | $271K | 10x | as long as short |
| edgeX LTCUSDC | +0.0100% | 4h | 60.998 | −0.014% | $41K | $377K | 20x | as long as short |
| GRVT LTC_USDT_Perp | +0.0100% | 8h | 60.979 | −0.044% | $338K | $2.0M | 10x | as long as short |
| ApeX Omni LTCUSDT | +0.0100% | 1h | 61.020 | +0.023% | $107K | $713K | 50x | as long as short |
| SunX LTC-USDT | +0.0100% | 8h | 61.080 | +0.121% | $17K | $3.8M | 30x | as long as short |
| SoDEX LTC-USD | +0.0100% | 1h | 60.980 | −0.043% | $163 | $5K | 10x | as long as short |
| HTX LTC-USDT | +0.0100% | 8h | 60.960 | −0.075% | $2.0M | $5.1M | 75x | as long as short |
| Phemex LTCUSDT | +0.0100% | 8h | 60.990 | −0.026% | $21.5M | $9.0M | 50x | as long as short |
| Extended LTC-USD | +0.0104% | 1h | 60.962 | −0.072% | $684K | $1.1M | 25x | as long as short |
| Aevo LTC-PERP | +0.0104% | 1h | 60.994 | −0.020% | $466K | — | 3x | as long as short |
| Deribit LTC_USDC-PERPETUAL | +0.0111% | 1h | 61.025 | +0.031% | $689K | $1.1M | 50x | as long as short |
| Kraken Futures PF_LTCUSDlong | +0.0131% | 1h | 61.006 | long leg | $6.6M | $6.6M | 50x | |
| BloFin LTC-USDT | +0.0220% | 8h | 61.000 | −0.010% | $4.2M | $12.6M | 50x | as long as short |
| dYdX LTC-USDshort | +0.0274% | 1h | 61.030 | +0.039% | $429K | $7K | 10x | |
| Hyperliquid LTC | +0.0329% | 1h | 61.071 | +0.107% | $38.4M | $26.6M | 10x | as long as short |
| Reya LTCRUSDPERP | +0.0338% | 1h | 60.990 | −0.026% | $8K | — | 25x | as long as short |
| Coinbase International LTC-PERP-INTX | +0.0712% | 1h | 60.890 | −0.190% | $1.1M | $2.5M | 50x | as long as short |
Kraken Futures PF_LTCUSD
GMX LTC/USD [ETH-USDC]
Kalshi KXLTCPERP
gTrade (Gains Network) LTC/USD
Polymarket Perps LTC-USD
Injective LTC/USDC PERP
Variational Omni LTC
Lighter LTC
Paradex LTC-USD-PERP
Aster LTCUSDT
Pacifica LTC
Binance LTCUSDT
Bybit LTCUSDT
OKX LTC-USDT-SWAP
Gate LTC_USDT
MEXC LTC_USDT
KuCoin LTCUSDTM
Bitget LTCUSDT
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
Extended LTC-USD
Deribit LTC_USDC-PERPETUAL
BloFin LTC-USDT
Hyperliquid LTC
Coinbase International LTC-PERP-INTX