LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0068%/8h= −7.4% APRnext payment −$0.09 per $10,000 · paid last 24h −0.004%

Price spread now: Extended against Deribit−0.110%7-day average −0.086% · you buy dearer than you sell

Net, funding: paid 7d − costs−$20as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$330.333% of the position

Long on Deribit Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.133%+$13 on $10k

Price spread, last 3 days (all we have)+0.025%+$3 · spread now −0.110%, 7d avg −0.086%

Together, before fees+0.158%+ Points / potential airdropExtended: Active · farm board+$16 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Extended is 0.024% cheaper against Deribit than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.086%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.133%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit LTC_USDC-PERPETUAL	61.582	0.0172	pay 0.0022% / 1h	26m 07s	$692K	$1.1M	50x
Short	Extended LTC-USD	61.514	0.0104	get 0.0013% / 1h	26m 07s	$685K	$1.1M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Deribit. 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 DeribitbpFee ExtendedbpOrdersPrice spread, now −0.110%Rate

Funding earned: −$14.28
Price spread: −0.110% → −0.086%: −$2.42
Slippage, 4 orders: −$21.3
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$50
Costs to cover: 0.333%
Break-even: never at this rate

Slippage from Deribit: live order book, 3 min ago; Extended: 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	2.43 bp	7.0 bp −$7	14.6 bp −$146	doesn't fit	doesn't fit
Sell Extended live order book, 2 min ago	4.06 bp	10.9 bp −$11	15.4 bp −$154	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
Variational Omni LTC	−0.0066%	8h	61.607	+0.041%	$3.6M	$4.0M	—	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0065% / S +0.0272%	1h	61.560	−0.036%	$112K	—	200x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.576	−0.010%	$344K	$4.1M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	61.559	−0.037%	$30K	—	150x	as long as short
Polymarket Perps LTC-USD	+0.0028%	1h	61.530	−0.084%	$85K	$378K	10x	as long as short
Gate LTC_USDT	+0.0029%	8h	61.560	−0.036%	$12.9M	$21.2M	75x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−4.631%	$5K	$22K	12x	as long as short
Kraken Futures PF_LTCUSD	+0.0087%	1h	61.572	−0.017%	$6.8M	$5.8M	50x	as long as short
Lighter LTC	+0.0096%	1h	61.607	+0.041%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	61.560	−0.036%	$12K	$213K	20x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex LTC-USD-PERP	+0.0100%	8h	61.528	−0.088%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	61.565	−0.028%	$253K	$322K	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	61.600	+0.029%	$2.6M	$2.2M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.574	−0.014%	$539K	$84K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.538	−0.072%	$95.2M	$222.5M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	61.510	−0.117%	$78.0M	$59.7M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.510	−0.117%	$27.4M	$74.6M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.540	−0.068%	$61.9M	$34.6M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.560	−0.036%	$19.0M	$12.6M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.540	−0.068%	$31.9M	$22.0M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	61.550	−0.052%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	61.573	−0.015%	$158K	$265K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	61.612	+0.049%	$42K	$354K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.671	+0.144%	$340K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.650	+0.110%	$103K	$710K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.620	+0.062%	$17K	$4.2M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.540	−0.068%	$634	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	61.550	−0.052%	$1.9M	$4.8M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.570	−0.019%	$22.0M	$9.1M	50x	as long as short
Extended LTC-USDshort	+0.0104%	1h	61.514	−0.110%	$685K	$1.1M	25x
Aevo LTC-PERP	+0.0104%	1h	61.563	−0.031%	$470K	$499	3x	as long as short
Hyperliquid LTC	+0.0130%	1h	61.606	+0.039%	$37.4M	$23.7M	10x	as long as short
Deribit LTC_USDC-PERPETUALlong	+0.0172%	1h	61.582	long leg	$692K	$1.1M	50x
BloFin LTC-USDT	+0.0220%	8h	61.590	+0.013%	$4.8M	$11.7M	50x	as long as short
Reya LTCRUSDPERP	+0.0334%	1h	61.543	−0.064%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0760%	1h	61.770	+0.305%	$1.2M	$2.2M	50x	as long as short
dYdX LTC-USD	+0.0941%	1h	61.581	−0.002%	$433K	$8K	10x	as long as short