LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.042%

Price spread now: Hyperliquid against Deribit+0.063%7-day average +0.057% · you sell dearer than you buy

Net, funding: paid 7d − costs−$2as in the Funding arb table

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$310.308% of the position

Long on Deribit Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days+0.284%+$28 on $10k

Price spread, last 4 days (all we have)+0.049%+$5 · spread now +0.063%, 7d avg +0.057%

Together, before fees+0.333%+ Points / potential airdropHyperliquid: Season 2 · farm board+$33 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.057%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit LTC_USDC-PERPETUAL	60.262	0	get 0.0000% / 1h	49m 03s	$683K	$1.1M	50x
Short	Hyperliquid LTC	60.300	0.0100	get 0.0013% / 1h	49m 03s	$36.6M	$24.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid 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 HyperliquidbpOrdersPrice spread, now +0.063%Rate

Funding earned: $21
Price spread: +0.063% → +0.057%: $0.64
Slippage, 4 orders: −$14.77
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$9.13
Costs to cover: 0.308%
Break-even: 10.0 days

Slippage from Deribit: live order book, 5 min ago; Hyperliquid: live order book, 4 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, 5 min ago	4.97 bp	9.5 bp −$10	doesn't fit	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 4 min ago	0.17 bp	7.3 bp −$7	doesn't fit	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
GMX LTC/USD [ETH-USDC]	L −0.0303% / S +0.0418%	1h	60.229	−0.054%	$109K	—	200x	as long as short
Polymarket Perps LTC-USD	−0.0229%	1h	60.173	−0.148%	$79K	$397K	10x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.265	+0.005%	$339K	$4.4M	4x	as long as short
Deribit LTC_USDC-PERPETUALlong	0.0000%	1h	60.262	long leg	$683K	$1.1M	50x
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	60.234	−0.047%	$30K	—	150x	as long as short
Variational Omni LTC	+0.0018%	8h	60.244	−0.029%	$3.5M	$2.6M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−2.542%	$5K	$22K	12x	as long as short
Lighter LTC	+0.0096%	1h	60.239	−0.038%	$951K	$1.6M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.230	−0.053%	$13K	$188K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.238	−0.040%	$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	60.245	−0.028%	$264K	$333K	10x	as long as short
Hyperliquid LTCshort	+0.0100%	1h	60.300	+0.063%	$36.6M	$24.8M	10x
Aster LTCUSDT	+0.0100%	8h	60.245	−0.028%	$2.6M	$2.5M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.255	−0.011%	$527K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.235	−0.045%	$89.5M	$228.8M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.230	−0.053%	$76.1M	$59.9M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.240	−0.037%	$26.6M	$74.5M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.230	−0.053%	$12.4M	$21.6M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.230	−0.053%	$56.1M	$35.1M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.240	−0.037%	$18.1M	$12.9M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.230	−0.053%	$32.0M	$22.4M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	60.230	−0.053%	—	$38.3M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.218	−0.073%	$152K	$279K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.384	+0.203%	$41K	$374K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.412	+0.250%	$336K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.310	+0.080%	$102K	$717K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	60.310	+0.080%	$17K	$3.9M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.240	−0.037%	$161	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.210	−0.086%	$1.9M	$5.0M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.250	−0.020%	$21.4M	$8.9M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.218	−0.072%	$668K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.212	−0.082%	$460K	—	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.260	−0.003%	$4.7M	$12.1M	50x	as long as short
Kraken Futures PF_LTCUSD	+0.0297%	1h	60.261	−0.002%	$6.7M	$6.2M	50x	as long as short
Reya LTCRUSDPERP	+0.0336%	1h	60.221	−0.068%	$8K	—	25x	as long as short
dYdX LTC-USD	+0.0414%	1h	60.239	−0.038%	$423K	$8K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0848%	1h	60.380	+0.196%	$1.1M	$2.3M	50x	as long as short