LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0183%/8h= +20.1% APRnext payment +$0.23 per $10,000 · paid last 24h 0.000%

Price spread now: Kraken Futures against Deribit−0.051%7-day average −0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs−$23as in the Funding arb table

Net, price: spread back to 7d avg − costs−$45as in the Price arb table

costs, in and out, $10k−$410.413% of the position

Long on Deribit Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.179%+$18 on $10k

Price spread, last 4 days (all we have)+0.027%+$3 · spread now −0.051%, 7d avg −0.019%

Together, before fees+0.206%+$21 on $10k · with fees, hour by hour

Funding pays, the price is against you. Kraken Futures is 0.033% cheaper against Deribit than usual: you would sell low and buy high (spread −0.051% now, against its 7-day average of −0.019%). If the spread goes back, that is −$3 on $10k: about 14 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.179% in total) that is about 31 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit LTC_USDC-PERPETUAL	60.728	0	get 0.0000% / 1h	8m 11s	$686K	$1.1M	50x
Short	Kraken Futures PF_LTCUSD	60.697	0.0183	get 0.0023% / 1h	8m 11s	$6.6M	$6.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now −0.051%Rate

Funding earned: $38.51
Price spread: −0.051% → −0.019%: −$3.27
Slippage, 4 orders: −$24.35
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$6.11
Costs to cover: 0.413%
Break-even: 8.1 days

Slippage from Deribit: live order book, 1 min ago; Kraken Futures: live order book, 6 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, 1 min ago	1.65 bp	10.0 bp −$10	15.2 bp −$152	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 6 min ago	1.65 bp	13.5 bp −$14	17.1 bp −$171	75.2 bp −$7,517	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	−0.0069%	1h	60.680	−0.079%	$82K	$732K	10x	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0026% / S +0.0156%	1h	60.723	−0.009%	$76K	—	200x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.747	+0.031%	$332K	$4.3M	4x	as long as short
Deribit LTC_USDC-PERPETUALlong	0.0000%	1h	60.728	long leg	$686K	$1.1M	50x
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0002%	1h	60.730	+0.003%	$25K	—	150x	as long as short
Variational Omni LTC	+0.0011%	8h	60.657	−0.116%	$3.6M	$2.7M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.290%	$5K	$22K	12x	as long as short
Lighter LTC	+0.0096%	1h	60.708	−0.033%	$929K	$1.7M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.680	−0.079%	$13K	$102K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.717	−0.019%	$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	60.700	−0.046%	$263K	$343K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	60.772	+0.072%	$38.2M	$26.4M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.731	+0.004%	$2.5M	$2.6M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.726	−0.004%	$531K	$82K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.671	−0.094%	$89.0M	$234.7M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.670	−0.096%	$77.1M	$61.5M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.670	−0.096%	$26.9M	$76.6M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.710	−0.030%	$14.1M	$22.2M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.680	−0.079%	$56.4M	$36.4M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.680	−0.079%	$18.0M	$13.4M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.670	−0.096%	$31.2M	$22.8M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	60.680	−0.079%	—	$18.6M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.689	−0.064%	$141K	$273K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.697	−0.052%	$41K	$375K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.750	+0.036%	$338K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.710	−0.030%	$107K	$714K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	60.780	+0.086%	$17K	$3.8M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.670	−0.096%	$163	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.700	−0.046%	$2.0M	$5.1M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.700	−0.046%	$21.4M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.656	−0.119%	$680K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.665	−0.104%	$463K	—	3x	as long as short
Kraken Futures PF_LTCUSDshort	+0.0183%	1h	60.697	−0.051%	$6.6M	$6.6M	50x
dYdX LTC-USD	+0.0204%	1h	60.722	−0.010%	$427K	$6K	10x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.680	−0.079%	$4.2M	$12.5M	50x	as long as short
Reya LTCRUSDPERP	+0.0338%	1h	60.693	−0.057%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0680%	1h	60.820	+0.151%	$1.1M	$2.5M	50x	as long as short