LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0195%/8h= +21.4% APRnext payment +$0.24 per $10,000 · paid last 24h +0.002%

Price spread now: Kraken Futures against Nado+0.065%7-day average +0.038% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$330.327% of the position

Long on Nado Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.007%+$1 on $10k

Price spread, last 4 days (all we have)−0.049%−$5 · spread now +0.065%, 7d avg +0.038%

Together, before fees−0.042%+ Points / potential airdropNado: Active · farm board−$4 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Kraken Futures is 0.027% dearer against Nado than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.038%.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.007% in total (about 0.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.24 per $10,000. 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	Nado LTC-PERP	60.615	0.0100	pay 0.0012% / 1h	13m 54s	$267K	$333K	10x
Short	Kraken Futures PF_LTCUSD	60.655	0.0295	get 0.0037% / 1h	13m 54s	$6.7M	$6.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Nado. 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 NadobpFee Kraken FuturesbpOrdersPrice spread, now +0.065%Rate

Funding earned: $41
Price spread: +0.065% → +0.038%: $2.72
Slippage, 4 orders: −$15.69
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $11.03
Costs to cover: 0.327%
Break-even: 5.1 days

Slippage from Nado: live order book, 44 min ago; Kraken Futures: 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 Nado live order book, 44 min ago	0.66 bp	7.4 bp −$7	21.8 bp −$218	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 5 min ago	0.83 bp	9.1 bp −$9	16.1 bp −$161	65.5 bp −$6,548	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 −0.0332% / S +0.0434%	1h	60.612	−0.004%	$110K	—	200x	as long as short
Polymarket Perps LTC-USD	−0.0225%	1h	60.547	−0.112%	$79K	$397K	10x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.644	+0.048%	$345K	$4.4M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	60.657	+0.069%	$687K	$1.1M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	60.624	+0.015%	$30K	—	150x	as long as short
Variational Omni LTC	+0.0023%	8h	60.564	−0.083%	$3.6M	$2.6M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.110%	$5K	$22K	12x	as long as short
Lighter LTC	+0.0096%	1h	60.642	+0.045%	$939K	$1.6M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.600	−0.025%	$13K	$166K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.613	−0.003%	$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-PERPlong	+0.0100%	1h	60.615	long leg	$267K	$333K	10x
Hyperliquid LTC	+0.0100%	1h	60.692	+0.127%	$37.1M	$25.5M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.640	+0.041%	$2.5M	$2.6M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.625	+0.017%	$530K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.634	+0.031%	$90.0M	$229.6M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.610	−0.008%	$76.4M	$60.7M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.630	+0.025%	$26.8M	$75.3M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.640	+0.041%	$12.5M	$21.9M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.640	+0.041%	$57.4M	$35.5M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.630	+0.025%	$18.1M	$13.0M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.640	+0.041%	$32.2M	$22.4M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	60.610	−0.008%	—	$38.3M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.616	+0.002%	$152K	$277K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.589	−0.042%	$41K	$375K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.629	+0.023%	$338K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.640	+0.041%	$108K	$716K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	60.700	+0.140%	$17K	$3.9M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.630	+0.025%	$162	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.590	−0.041%	$1.9M	$5.0M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.650	+0.058%	$21.5M	$8.9M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.633	+0.030%	$671K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.610	−0.008%	$463K	—	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.610	−0.008%	$4.7M	$12.2M	50x	as long as short
Kraken Futures PF_LTCUSDshort	+0.0295%	1h	60.655	+0.065%	$6.7M	$6.3M	50x
dYdX LTC-USD	+0.0325%	1h	60.639	+0.040%	$426K	$8K	10x	as long as short
Reya LTCRUSDPERP	+0.0337%	1h	60.601	−0.024%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0848%	1h	60.710	+0.157%	$1.1M	$2.3M	50x	as long as short