Funding you earn now, next payment 21:00 UTC+0.0015%/8h= +1.7% APRnext payment +$0.02 per $10,000 · paid last 24h −0.003%
Price spread now: Kraken Futures against Lighter−0.020%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$400.405% of the position
Funding, last 7 days+0.071%+$7 on $10k
+Price spread, last 3 days (all we have)−0.052%−$5 · spread now −0.020%, 7d avg −0.032%
=Together, before fees+0.019%+ Points / potential airdropLighter: Season 3 · farm board+$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.032%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter LTC | 62.846 | 0.0096 | pay 0.0012% / 1h | 31m 38s | $1.3M | $1.2M | 10x |
| Short | Kraken Futures PF_LTCUSD | 62.833 | 0.0111 | get 0.0014% / 1h | 31m 38s | $6.9M | $5.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Lighter. 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
- $3.25
- Price spread: −0.020% → −0.032%
- $1.19
- Slippage, 4 orders
- −$30.46
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$36.03
- Costs to cover
- 0.405%
- Break-even
- 84.7 days
Slippage from Lighter: live order book, 5 min ago; Kraken Futures: live order book, 3 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 Lighter live order book, 5 min ago | 5.89 bp | 8.6 bp −$9 | 20.1 bp −$201 | 120.4 bp −$12.0K | doesn't fit |
| Sell Kraken Futures live order book, 3 min ago | 1.59 bp | 11.2 bp −$11 | 18.9 bp −$189 | 52.8 bp −$5,277 | 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 | −0.0359% | 1h | 62.716 | −0.207% | $79K | $423K | 10x | as long as short |
| Variational Omni LTC | −0.0079% | 8h | 62.696 | −0.239% | $3.8M | $4.0M | — | as long as short |
| GMX LTC/USD [ETH-USDC] | L −0.0013% / S +0.0247% | 1h | 62.767 | −0.125% | $129K | — | 200x | as long as short |
| Gate LTC_USDT | −0.0007% | 8h | 62.730 | −0.185% | $12.9M | $20.8M | 75x | as long as short |
| Kalshi KXLTCPERP | 0.0000% | 8h | 62.868 | +0.035% | $326K | $4.0M | 4x | as long as short |
| gTrade (Gains Network) LTC/USD | L +0.0002% / S −0.0002% | 1h | 62.772 | −0.117% | $25K | — | 150x | as long as short |
| Injective LTC/USDC PERP | +0.0033% | 1h | 58.730 | −6.549% | $5K | $22K | 12x | as long as short |
| Backpack LTC_USDC_PERP | +0.0035% | 1h | 62.759 | −0.138% | $166K | $280K | 10x | as long as short |
| Deribit LTC_USDC-PERPETUAL | +0.0068% | 1h | 62.829 | −0.027% | $704K | $1.1M | 50x | as long as short |
| Bybit LTCUSDT | +0.0074% | 8h | 62.720 | −0.200% | $79.6M | $59.6M | 75x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter LTClong | +0.0096% | 1h | 62.846 | long leg | $1.3M | $1.2M | 10x | |
| Orderly PERP_LTC_USDC | +0.0100% | 8h | 62.780 | −0.105% | $12K | $208K | 20x | as long as short |
| Paradex LTC-USD-PERP | +0.0100% | 8h | 62.759 | −0.138% | $16K | $10K | 20x | as long as short |
| Nado LTC-PERP | +0.0100% | 1h | 62.740 | −0.169% | $255K | $322K | 10x | as long as short |
| Hyperliquid LTC | +0.0100% | 1h | 62.850 | +0.006% | $38.5M | $22.3M | 10x | as long as short |
| Aster LTCUSDT | +0.0100% | 8h | 62.807 | −0.062% | $2.6M | $1.9M | 75x | as long as short |
| Pacifica LTC | +0.0100% | 1h | 62.776 | −0.111% | $554K | $79K | 10x | as long as short |
| Binance LTCUSDT | +0.0100% | 8h | 62.752 | −0.150% | $98.1M | $217.4M | 75x | as long as short |
| OKX LTC-USDT-SWAP | +0.0100% | 8h | 62.740 | −0.169% | $28.1M | $76.7M | 50x | as long as short |
| MEXC LTC_USDT | +0.0100% | 8h | 62.750 | −0.153% | $62.7M | $34.6M | 200x | as long as short |
| KuCoin LTCUSDTM | +0.0100% | 8h | 62.790 | −0.089% | $19.5M | $11.9M | 75x | as long as short |
| Bitget LTCUSDT | +0.0100% | 8h | 62.750 | −0.153% | $32.4M | $21.7M | 75x | as long as short |
| BingX LTC-USDC | +0.0100% | 8h | 62.740 | −0.169% | — | $6.6M | — | as long as short |
| edgeX LTCUSDC | +0.0100% | 4h | 62.704 | −0.225% | $42K | $334K | 20x | as long as short |
| GRVT LTC_USDT_Perp | +0.0100% | 8h | 62.778 | −0.108% | $354K | $1.9M | 10x | as long as short |
| ApeX Omni LTCUSDT | +0.0100% | 1h | 62.720 | −0.200% | $104K | $710K | 50x | as long as short |
| SunX LTC-USDT | +0.0100% | 8h | 62.880 | +0.054% | $18K | $4.2M | 30x | as long as short |
| SoDEX LTC-USD | +0.0100% | 1h | 62.790 | −0.089% | $647 | $5K | 10x | as long as short |
| HTX LTC-USDT | +0.0100% | 8h | 62.830 | −0.025% | $2.0M | $4.8M | 75x | as long as short |
| Phemex LTCUSDT | +0.0100% | 8h | 62.810 | −0.057% | $22.4M | $9.1M | 50x | as long as short |
| Extended LTC-USD | +0.0104% | 1h | 62.733 | −0.179% | $702K | $1.1M | 25x | as long as short |
| Aevo LTC-PERP | +0.0104% | 1h | 62.800 | −0.073% | $480K | $499 | 3x | as long as short |
| Kraken Futures PF_LTCUSDshort | +0.0111% | 1h | 62.833 | −0.020% | $6.9M | $5.7M | 50x | |
| BloFin LTC-USDT | +0.0220% | 8h | 62.790 | −0.089% | $4.9M | $10.1M | 50x | as long as short |
| Reya LTCRUSDPERP | +0.0333% | 1h | 62.749 | −0.155% | $8K | $399 | 25x | as long as short |
| dYdX LTC-USD | +0.0528% | 1h | 62.787 | −0.093% | $441K | $8K | 10x | as long as short |
| Coinbase International LTC-PERP-INTX | +0.0696% | 1h | 62.950 | +0.165% | $1.2M | $2.1M | 50x | as long as short |
Lighter LTC
Kraken Futures PF_LTCUSD
Polymarket Perps LTC-USD
Variational Omni LTC
GMX LTC/USD [ETH-USDC]
Gate LTC_USDT
Kalshi KXLTCPERP
gTrade (Gains Network) LTC/USD
Injective LTC/USDC PERP
Backpack LTC_USDC_PERP
Deribit LTC_USDC-PERPETUAL
Bybit LTCUSDT
Paradex LTC-USD-PERP
Hyperliquid LTC
Aster LTCUSDT
Pacifica LTC
Binance LTCUSDT
OKX LTC-USDT-SWAP
MEXC LTC_USDT
KuCoin LTCUSDTM
Bitget LTCUSDT
BingX LTC-USDC
edgeX LTCUSDC
GRVT LTC_USDT_Perp
ApeX Omni LTCUSDT
SunX LTC-USDT
SoDEX LTC-USD
HTX LTC-USDT
Phemex LTCUSDT
Extended LTC-USD
BloFin LTC-USDT
Coinbase International LTC-PERP-INTX