LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0616%/8h= −67.5% APRnext payment −$0.77 per $10,000 · paid last 24h −0.166%

Price spread now: Lighter against Coinbase International−0.278%7-day average −0.069% · you buy dearer than you sell

Net, funding: paid 7d − costs−$87as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$370.374% of the position

Long on Coinbase International Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days−0.491%−$49 on $10k

Price spread, last 4 days (all we have)+0.234%+$23 · spread now −0.278%, 7d avg −0.069%

Together, before fees−0.257%+ Points / potential airdropLighter: Season 3 · farm board−$26 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and Lighter is 0.209% cheaper against Coinbase International than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of −0.069%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International LTC-PERP-INTX	61.110	0.0712	pay 0.0089% / 1h	56m 31s	$1.1M	$2.5M	50x
Short	Lighter LTC	60.940	0.0096	get 0.0012% / 1h	56m 31s	$937K	$1.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Coinbase International. 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 Coinbase InternationalbpFee LighterbpOrdersPrice spread, now −0.278%Rate

Funding earned: −$129.36
Price spread: −0.278% → −0.069%: −$20.9
Slippage, 4 orders: −$27.45
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: −$187.71
Costs to cover: 0.374%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 2 min ago; Lighter: 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 Coinbase International live order book, 2 min ago	5.71 bp	12.2 bp −$12	18.1 bp −$181	doesn't fit	doesn't fit
Sell Lighter live order book, 5 min ago	4.01 bp	6.7 bp −$7	21.0 bp −$210	132.5 bp −$13.2K	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 −0.0045% / S +0.0179%	1h	60.966	−0.235%	$76K	—	200x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.039	−0.116%	$339K	$4.3M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	60.982	−0.209%	$689K	$1.1M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0002%	1h	60.970	−0.229%	$25K	—	150x	as long as short
Polymarket Perps LTC-USD	+0.0018%	1h	60.879	−0.378%	$82K	$740K	10x	as long as short
Variational Omni LTC	+0.0033%	8h	61.004	−0.174%	$3.6M	$2.7M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.895%	$5K	$22K	12x	as long as short
Lighter LTCshort	+0.0096%	1h	60.940	−0.278%	$937K	$1.7M	10x
Orderly PERP_LTC_USDC	+0.0099%	8h	60.950	−0.262%	$13K	$132K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.917	−0.316%	$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-PERP	+0.0100%	1h	60.900	−0.344%	$265K	$335K	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.950	−0.262%	$2.6M	$2.5M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.920	−0.311%	$533K	$82K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.910	−0.327%	$89.5M	$234.4M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.910	−0.327%	$77.2M	$61.6M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.890	−0.360%	$26.9M	$76.6M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.900	−0.344%	$13.4M	$22.0M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.910	−0.327%	$56.4M	$36.0M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.930	−0.295%	$18.7M	$13.2M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.920	−0.311%	$31.4M	$22.8M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	60.920	−0.311%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.940	−0.278%	$145K	$268K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	61.036	−0.121%	$41K	$374K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.035	−0.123%	$340K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.030	−0.131%	$107K	$715K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.070	−0.065%	$18K	$3.8M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.950	−0.262%	$163	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	61.010	−0.164%	$2.0M	$5.0M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.970	−0.229%	$21.5M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.899	−0.345%	$675K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.955	−0.254%	$465K	—	3x	as long as short
Kraken Futures PF_LTCUSD	+0.0131%	1h	60.973	−0.225%	$6.6M	$6.5M	50x	as long as short
dYdX LTC-USD	+0.0217%	1h	60.908	−0.331%	$428K	$7K	10x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.950	−0.262%	$4.2M	$12.5M	50x	as long as short
Reya LTCRUSDPERP	+0.0337%	1h	60.891	−0.359%	$8K	—	25x	as long as short
Hyperliquid LTC	+0.0384%	1h	60.992	−0.193%	$38.4M	$26.4M	10x	as long as short
Coinbase International LTC-PERP-INTXlong	+0.0712%	1h	61.110	long leg	$1.1M	$2.5M	50x