LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0075%/8h= −8.2% APRnext payment −$0.75 per $10,000 · paid last 24h −0.022%

Price spread now: Kalshi against Bybit+0.071%7-day average +0.029% · you sell dearer than you buy

Net, funding: paid 7d − costs−$50as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$370.375% of the position

Long on Bybit Short on Kalshi

What this pair did over the last

the charts below follow

Funding, last 7 days−0.127%−$13 on $10k

Price spread, last 7 days−0.041%−$4 · spread now +0.071%, 7d avg +0.029%

Together, before fees−0.168%−$17 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Kalshi is 0.042% dearer against Bybit than usual: you sell high and buy low (spread +0.071% now, against its 7-day average of +0.029%): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 45 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit LTCUSDT	60.230	0.0075	pay 0.0075% / 8h	5h 49m	$77.1M	$56.6M	75x
Short	Kalshi KXLTCPERP	60.273	0	get 0.0000% / 8h	1h 49m	$343K	$3.9M	4x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi against Bybit. 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 BybitbpFee KalshibpOrdersPrice spread, now +0.071%Rate

Funding earned: −$15.78
Price spread: +0.071% → +0.029%: $4.22
Slippage, 4 orders: −$16.48
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$49.03
Costs to cover: 0.375%
Break-even: never at this rate

Slippage from Bybit: live order book, 3 min ago; Kalshi: live order book, 2 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 Bybit live order book, 3 min ago	0.83 bp	7.8 bp −$8	12.8 bp −$128	48.4 bp −$4,840	doesn't fit
Sell Kalshi live order book, 2 min ago	2.07 bp	13.2 bp −$13	19.2 bp −$192	doesn't fit	doesn't fit

LTC on 37 exchanges

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
Kraken Futures PF_LTCUSD	−0.0092%	1h	60.261	+0.051%	$6.5M	$6.0M	50x	as long as short
Variational Omni LTC	−0.0016%	8h	60.230	−0.001%	$3.5M	$1.2M	—	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0005% / S +0.0126%	1h	60.297	+0.111%	$75K	—	200x	as long as short
Kalshi KXLTCPERPshort	0.0000%	8h	60.273	+0.071%	$343K	$3.9M	4x
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	60.274	+0.073%	$691K	$850K	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0002%	1h	60.334	+0.173%	$25K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−2.490%	$5K	$22K	12x	as long as short
Bybit LTCUSDTlong	+0.0075%	8h	60.230	long leg	$77.1M	$56.6M	75x
Lighter LTC	+0.0096%	1h	60.278	+0.080%	$926K	$1.5M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.230	0.000%	$13K	$71K	20x	as long as short

Show all 37 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex LTC-USD-PERP	+0.0100%	8h	60.223	−0.012%	$15K	$11K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	60.225	−0.008%	$256K	$313K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	60.298	+0.113%	$37.6M	$24.1M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.282	+0.086%	$2.5M	$2.5M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.244	+0.023%	$527K	$78K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.240	+0.017%	$88.0M	$213.0M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.230	0.000%	$26.8M	$69.2M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.240	+0.017%	$15.1M	$19.9M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.240	+0.017%	$58.6M	$34.7M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.260	+0.050%	$18.1M	$13.1M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.240	+0.017%	$31.0M	$20.3M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	60.230	0.000%	—	$18.6M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.241	+0.018%	$147K	$249K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.253	+0.038%	$41K	$381K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.339	+0.182%	$337K	$1.8M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.290	+0.100%	$106K	$702K	50x	as long as short
Polymarket Perps LTC-USD	+0.0100%	1h	60.255	+0.042%	$81K	$627K	10x	as long as short
SunX LTC-USDT	+0.0100%	8h	60.320	+0.149%	$17K	$3.2M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.230	0.000%	$161	$6K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.240	+0.017%	$2.0M	$4.4M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.290	+0.100%	$21.2M	$8.7M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.208	−0.037%	$676K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.224	−0.010%	$460K	—	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.260	+0.050%	$4.2M	$12.3M	50x	as long as short
Reya LTCRUSDPERP	+0.0339%	1h	60.243	+0.022%	$8K	—	25x	as long as short
dYdX LTC-USD	+0.0389%	1h	60.268	+0.063%	$423K	$4K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0616%	1h	60.550	+0.531%	$1.0M	$2.3M	50x	as long as short