LTC

Alert

Funding spread now, next payment 18:00 UTC+0.0406%/8h

next payment, per $10,000+$0.51paid, last 24h+0.078%paid, last 7 days+0.162%to open and close $10k−$33

Long on Polymarket Perps Short on Backpack

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.162% in total (about 8.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.51 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	Polymarket Perps LTC-USD	61.986	−0.0306	get 0.0038% / 1h	36m 21s	$80K	$645K	10x
Short	Backpack LTC_USDC_PERP	62.075	0.0100	get 0.0013% / 1h	36m 21s	$165K	$234K	10x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee Polymarket PerpsbpFee BackpackbpOrdersRate

Funding earned: $85.21
Slippage, 4 orders: −$14.7
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Backpack: 5 bp × 2 orders: −$10
Net: $52.51
Break-even: 2.7 days

Slippage from Polymarket Perps: live order book, 3 min ago; Backpack: live order book, 3 min ago.

Price risk

price view

Price gap now: +0.144%
Avg gap 7d: +0.022%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Polymarket Perps live order book, 3 min ago	3.30 bp	7.7 bp −$8	10.8 bp −$108	doesn't fit	doesn't fit
Sell Backpack live order book, 3 min ago	0.08 bp	7.9 bp −$8	doesn't fit	doesn't fit	doesn't fit

LTC on 36 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Polymarket Perps LTC-USDlong	−0.0306%	1h	$80K	$645K	10x
Variational Omni LTC	−0.0137%	8h	$3.6M	$3.8M	—	as long as short
Bybit LTCUSDT	−0.0030%	8h	$79.8M	$58.6M	75x	as long as short
Gate LTC_USDT	−0.0009%	8h	$12.8M	$20.1M	75x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	$302K	$3.5M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0002%	1h	$28K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	$5K	$57K	12x	as long as short
GMX LTC/USD [ETH-USDC]	L +0.0081% / S +0.0235%	1h	$125K	—	200x	as long as short
Lighter LTC	+0.0096%	1h	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	$12K	$208K	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Paradex LTC-USD-PERP	+0.0100%	8h	$16K	$11K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	$270K	$293K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	$38.8M	$22.9M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	$2.6M	$1.8M	75x	as long as short
Pacifica LTC	+0.0100%	1h	$547K	$76K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	$97.8M	$208.9M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	$27.8M	$75.0M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	$58.0M	$35.1M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	$19.7M	$11.8M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	$31.3M	$20.5M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	—	$6.6M	—	as long as short
Backpack LTC_USDC_PERPshort	+0.0100%	1h	$165K	$234K	10x
edgeX LTCUSDC	+0.0100%	4h	$42K	$318K	20x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	$98K	$706K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	$17K	$4.2M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	$639	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	$1.9M	$4.5M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	$22.2M	$8.8M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	$693K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	$474K	$499	3x	as long as short
Kraken Futures PF_LTCUSD	+0.0177%	1h	$6.9M	$5.4M	50x	as long as short
BloFin LTC-USDT	+0.0220%	8h	$5.1M	$9.8M	50x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0233%	1h	$678K	$1.1M	50x	as long as short
Reya LTCRUSDPERP	+0.0332%	1h	$8K	$399	25x	as long as short
dYdX LTC-USD	+0.0677%	1h	$436K	$8K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0680%	1h	$1.2M	$2.1M	50x	as long as short