Funding you earn now, next payment 21:00 UTC+0.0712%/8h= +78.0% APRnext payment +$0.89 per $10,000 · paid last 24h +0.127%
Price spread now: Coinbase International against Deribit+0.547%7-day average +0.079% · you sell dearer than you buy
Net, funding: paid 7d − costs+$10as in the Funding arb table
Net, price: spread back to 7d avg − costs+$6as in the Price arb table
costs, in and out, $10k−$410.410% of the position
Funding, last 7 days+0.514%+$51 on $10k
+Price spread, last 3 days (all we have)−0.559%−$56 · spread now +0.547%, 7d avg +0.079%
=Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and Coinbase International is 0.468% dearer against Deribit than usual: you sell high and buy low: +$47 more if the spread goes back to its 7-day average of +0.079%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit LTC_USDC-PERPETUAL | 62.170 | 0 | get 0.0000% / 1h | 11m 25s | $695K | $1.0M | 50x |
| Short | Coinbase International LTC-PERP-INTX | 62.510 | 0.0712 | get 0.0089% / 1h | 11m 25s | $1.2M | $2.1M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Deribit. 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
- $149.52
- Price spread: +0.547% → +0.079%
- $46.75
- Slippage, 4 orders
- −$23.99
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $155.28
- Costs to cover
- 0.410%
- Break-even
- from the start
Slippage from Deribit: live order book, 3 min ago; Coinbase International: 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 Deribit live order book, 3 min ago | 3.21 bp | 6.7 bp −$7 | 13.3 bp −$133 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 2 min ago | 4.81 bp | 14.4 bp −$14 | 19.6 bp −$196 | 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 | −0.0316% | 1h | 62.158 | −0.019% | $79K | $371K | 10x | as long as short |
| Variational Omni LTC | −0.0083% | 8h | 62.342 | +0.277% | $3.6M | $4.0M | — | as long as short |
| GMX LTC/USD [ETH-USDC] | L −0.0031% / S +0.0260% | 1h | 62.144 | −0.041% | $129K | — | 200x | as long as short |
| Gate LTC_USDT | −0.0024% | 8h | 62.160 | −0.016% | $12.8M | $20.9M | 75x | as long as short |
| Kalshi KXLTCPERP | 0.0000% | 8h | 62.188 | +0.029% | $330K | $4.0M | 4x | as long as short |
| Deribit LTC_USDC-PERPETUALlong | 0.0000% | 1h | 62.170 | long leg | $695K | $1.0M | 50x | |
| gTrade (Gains Network) LTC/USD | L +0.0002% / S −0.0003% | 1h | 62.213 | +0.069% | $31K | — | 150x | as long as short |
| Backpack LTC_USDC_PERP | +0.0030% | 1h | 62.104 | −0.106% | $160K | $268K | 10x | as long as short |
| Injective LTC/USDC PERP | +0.0033% | 1h | 58.730 | −5.533% | $5K | $22K | 12x | as long as short |
| Bybit LTCUSDT | +0.0092% | 8h | 62.200 | +0.048% | $78.8M | $59.7M | 75x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter LTC | +0.0096% | 1h | 62.233 | +0.101% | $1.3M | $1.2M | 10x | as long as short |
| Orderly PERP_LTC_USDC | +0.0099% | 8h | 62.150 | −0.032% | $12K | $212K | 20x | as long as short |
| Paradex LTC-USD-PERP | +0.0100% | 8h | 62.150 | −0.033% | $16K | $10K | 20x | as long as short |
| Nado LTC-PERP | +0.0100% | 1h | 62.178 | +0.012% | $255K | $328K | 10x | as long as short |
| Hyperliquid LTC | +0.0100% | 1h | 62.275 | +0.169% | $38.3M | $23.1M | 10x | as long as short |
| Aster LTCUSDT | +0.0100% | 8h | 62.204 | +0.054% | $2.6M | $2.1M | 75x | as long as short |
| Pacifica LTC | +0.0100% | 1h | 62.155 | −0.025% | $544K | $84K | 10x | as long as short |
| Binance LTCUSDT | +0.0100% | 8h | 62.210 | +0.064% | $96.3M | $221.4M | 75x | as long as short |
| OKX LTC-USDT-SWAP | +0.0100% | 8h | 62.190 | +0.032% | $27.7M | $75.1M | 50x | as long as short |
| MEXC LTC_USDT | +0.0100% | 8h | 62.190 | +0.032% | $61.0M | $35.5M | 200x | as long as short |
| KuCoin LTCUSDTM | +0.0100% | 8h | 62.200 | +0.048% | $18.8M | $12.1M | 75x | as long as short |
| Bitget LTCUSDT | +0.0100% | 8h | 62.180 | +0.016% | $32.3M | $21.8M | 75x | as long as short |
| BingX LTC-USDT | +0.0100% | 8h | 62.190 | +0.032% | — | $37.5M | — | as long as short |
| edgeX LTCUSDC | +0.0100% | 4h | 62.326 | +0.250% | $42K | $347K | 20x | as long as short |
| GRVT LTC_USDT_Perp | +0.0100% | 8h | 62.181 | +0.017% | $348K | $2.0M | 10x | as long as short |
| ApeX Omni LTCUSDT | +0.0100% | 1h | 62.330 | +0.257% | $104K | $712K | 50x | as long as short |
| SunX LTC-USDT | +0.0100% | 8h | 62.230 | +0.097% | $18K | $4.2M | 30x | as long as short |
| SoDEX LTC-USD | +0.0100% | 1h | 62.120 | −0.080% | $640 | $5K | 10x | as long as short |
| HTX LTC-USDT | +0.0100% | 8h | 62.110 | −0.097% | $1.9M | $4.9M | 75x | as long as short |
| Phemex LTCUSDT | +0.0100% | 8h | 62.160 | −0.016% | $22.3M | $9.1M | 50x | as long as short |
| Extended LTC-USD | +0.0104% | 1h | 62.144 | −0.042% | $694K | $1.1M | 25x | as long as short |
| Aevo LTC-PERP | +0.0104% | 1h | 62.145 | −0.040% | $475K | $499 | 3x | as long as short |
| BloFin LTC-USDT | +0.0220% | 8h | 62.140 | −0.048% | $4.9M | $11.8M | 50x | as long as short |
| Kraken Futures PF_LTCUSD | +0.0227% | 1h | 62.165 | −0.009% | $6.8M | $5.8M | 50x | as long as short |
| Reya LTCRUSDPERP | +0.0334% | 1h | 62.185 | +0.024% | $8K | — | 25x | as long as short |
| dYdX LTC-USD | +0.0554% | 1h | 62.156 | −0.022% | $437K | $8K | 10x | as long as short |
| Coinbase International LTC-PERP-INTXshort | +0.0712% | 1h | 62.510 | +0.547% | $1.2M | $2.1M | 50x |
Deribit LTC_USDC-PERPETUAL
Coinbase International LTC-PERP-INTX
Polymarket Perps LTC-USD
Variational Omni LTC
GMX LTC/USD [ETH-USDC]
Gate LTC_USDT
Kalshi KXLTCPERP
gTrade (Gains Network) LTC/USD
Backpack LTC_USDC_PERP
Injective LTC/USDC PERP
Bybit LTCUSDT
Lighter LTC
Paradex LTC-USD-PERP
Hyperliquid LTC
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
Phemex LTCUSDT
Extended LTC-USD
BloFin LTC-USDT
Kraken Futures PF_LTCUSD