Funding you earn now, next payment 21:00 UTC+0.0010%/8h= +1.1% APRpaid last 24h +0.067%
Price spread now: Hyperliquid against Phemex+0.067%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$490.488% of the position
Funding, last 7 days+0.140%+$14 on $10k
+Price spread, last 3 days (all we have)+0.024%+$2 · spread now +0.067%, 7d avg +0.048%
=Together, before fees+0.164%+ Points / potential airdropHyperliquid: Season 2 · farm board+$16 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.048%, 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 | Phemex LTCUSDT | 62.460 | 0.0100 | pay 0.0100% / 8h | 3h 18m | $22.3M | $9.1M | 50x |
| Short | Hyperliquid LTC | 62.502 | 0.0110 | get 0.0014% / 1h | 18m 58s | $38.6M | $23.0M | 10x |
Phemex LTCUSDT
Hyperliquid LTCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Phemex. 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
- $2.06
- Price spread: +0.067% → +0.048%
- $1.97
- Slippage, 4 orders
- −$27.82
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$44.79
- Costs to cover
- 0.488%
- Break-even
- 159.5 days
Slippage from Phemex: live order book, 5 min ago; Hyperliquid: live order book, 9 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 Phemex live order book, 5 min ago | 8.79 bp | 17.6 bp −$18 | 40.0 bp −$400 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 9 min ago | 0.08 bp | 4.9 bp −$5 | doesn't fit | doesn't fit | 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 | −0.0374% | 1h | 62.393 | −0.107% | $79K | $423K | 10x | as long as short |
| Variational Omni LTC | −0.0086% | 8h | 62.425 | −0.056% | $3.7M | $4.0M | — | as long as short |
| GMX LTC/USD [ETH-USDC] | L −0.0017% / S +0.0250% | 1h | 62.445 | −0.024% | $129K | — | 200x | as long as short |
| Gate LTC_USDT | −0.0011% | 8h | 62.430 | −0.048% | $12.8M | $20.9M | 75x | as long as short |
| Kalshi KXLTCPERP | 0.0000% | 8h | 62.490 | +0.048% | $335K | $4.1M | 4x | as long as short |
| Deribit LTC_USDC-PERPETUAL | 0.0000% | 1h | 62.477 | +0.027% | $700K | $1.1M | 50x | as long as short |
| gTrade (Gains Network) LTC/USD | L +0.0002% / S −0.0003% | 1h | 62.453 | −0.012% | $31K | — | 150x | as long as short |
| Backpack LTC_USDC_PERP | +0.0022% | 1h | 62.419 | −0.066% | $163K | $281K | 10x | as long as short |
| Injective LTC/USDC PERP | +0.0033% | 1h | 58.730 | −5.972% | $5K | $22K | 12x | as long as short |
| Bybit LTCUSDT | +0.0058% | 8h | 62.370 | −0.144% | $79.1M | $59.8M | 75x | as long as short |
Polymarket Perps LTC-USD
Variational Omni LTC
GMX LTC/USD [ETH-USDC]
Gate LTC_USDT
Kalshi KXLTCPERP
Deribit LTC_USDC-PERPETUAL
gTrade (Gains Network) LTC/USD
Backpack LTC_USDC_PERP
Injective LTC/USDC PERP
Bybit LTCUSDTShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter LTC | +0.0096% | 1h | 62.519 | +0.094% | $1.3M | $1.2M | 10x | as long as short |
| Orderly PERP_LTC_USDC | +0.0100% | 8h | 62.460 | 0.000% | $12K | $208K | 20x | as long as short |
| Paradex LTC-USD-PERP | +0.0100% | 8h | 62.470 | +0.016% | $16K | $10K | 20x | as long as short |
| Nado LTC-PERP | +0.0100% | 1h | 62.455 | −0.008% | $253K | $325K | 10x | as long as short |
| Aster LTCUSDT | +0.0100% | 8h | 62.470 | +0.016% | $2.6M | $1.9M | 75x | as long as short |
| Pacifica LTC | +0.0100% | 1h | 62.478 | +0.029% | $548K | $83K | 10x | as long as short |
| Binance LTCUSDT | +0.0100% | 8h | 62.420 | −0.064% | $97.3M | $218.7M | 75x | as long as short |
| OKX LTC-USDT-SWAP | +0.0100% | 8h | 62.390 | −0.112% | $27.9M | $76.5M | 50x | as long as short |
| MEXC LTC_USDT | +0.0100% | 8h | 62.440 | −0.032% | $61.6M | $34.9M | 200x | as long as short |
| KuCoin LTCUSDTM | +0.0100% | 8h | 62.460 | 0.000% | $19.2M | $12.0M | 75x | as long as short |
| Bitget LTCUSDT | +0.0100% | 8h | 62.380 | −0.128% | $32.2M | $21.7M | 75x | as long as short |
| BingX LTC-USDT | +0.0100% | 8h | 62.430 | −0.048% | — | $37.3M | — | as long as short |
| edgeX LTCUSDC | +0.0100% | 4h | 62.449 | −0.018% | $42K | $333K | 20x | as long as short |
| GRVT LTC_USDT_Perp | +0.0100% | 8h | 62.419 | −0.065% | $348K | $2.0M | 10x | as long as short |
| ApeX Omni LTCUSDT | +0.0100% | 1h | 62.440 | −0.032% | $104K | $710K | 50x | as long as short |
| SunX LTC-USDT | +0.0100% | 8h | 62.560 | +0.160% | $18K | $4.2M | 30x | as long as short |
| SoDEX LTC-USD | +0.0100% | 1h | 62.430 | −0.048% | $643 | $5K | 10x | as long as short |
| HTX LTC-USDT | +0.0100% | 8h | 62.440 | −0.032% | $1.9M | $4.8M | 75x | as long as short |
| Phemex LTCUSDTlong | +0.0100% | 8h | 62.460 | long leg | $22.3M | $9.1M | 50x | |
| Extended LTC-USD | +0.0104% | 1h | 62.419 | −0.065% | $698K | $1.1M | 25x | as long as short |
| Aevo LTC-PERP | +0.0104% | 1h | 62.437 | −0.037% | $477K | $499 | 3x | as long as short |
| Hyperliquid LTCshort | +0.0110% | 1h | 62.502 | +0.067% | $38.6M | $23.0M | 10x | |
| Kraken Futures PF_LTCUSD | +0.0112% | 1h | 62.482 | +0.036% | $6.9M | $5.7M | 50x | as long as short |
| BloFin LTC-USDT | +0.0227% | 8h | 62.430 | −0.048% | $4.9M | $11.8M | 50x | as long as short |
| Reya LTCRUSDPERP | +0.0334% | 1h | 62.431 | −0.046% | $8K | $199 | 25x | as long as short |
| dYdX LTC-USD | +0.0547% | 1h | 62.500 | +0.064% | $439K | $8K | 10x | as long as short |
| Coinbase International LTC-PERP-INTX | +0.0696% | 1h | 62.860 | +0.640% | $1.2M | $2.2M | 50x | as long as short |
Lighter LTC
Orderly PERP_LTC_USDC
Paradex LTC-USD-PERP
Nado LTC-PERP
Aster LTCUSDT
Pacifica LTC
Binance LTCUSDT
OKX LTC-USDT-SWAP
MEXC LTC_USDT
KuCoin LTCUSDTM
Bitget LTCUSDT
BingX LTC-USDT
edgeX LTCUSDC
GRVT LTC_USDT_Perp
ApeX Omni LTCUSDT
SunX LTC-USDT
SoDEX LTC-USD
HTX LTC-USDT
Extended LTC-USD
Aevo LTC-PERP
Kraken Futures PF_LTCUSD
BloFin LTC-USDT
Reya LTCRUSDPERP
dYdX LTC-USD
Coinbase International LTC-PERP-INTX