LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0056%/8h= +6.1% APRnext payment +$0.07 per $10,000 · paid last 24h −0.006%

Price spread now: Lighter against Deribit−0.045%7-day average +0.014% · 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−$300.299% of the position

Long on Deribit Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.095%+$10 on $10k

Price spread, last 3 days (all we have)+0.020%+$2 · spread now −0.045%, 7d avg +0.014%

Together, before fees+0.115%+ Points / potential airdropLighter: Season 3 · farm board+$11 on $10k · with fees, hour by hour

Funding pays, the price is against you. Lighter is 0.060% cheaper against Deribit than usual: you would sell low and buy high (spread −0.045% now, against its 7-day average of +0.014%). If the spread goes back, that is −$6 on $10k: about 3.5 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit LTC_USDC-PERPETUAL	62.008	0.0040	pay 0.0005% / 1h	55m 47s	$710K	$1.1M	50x
Short	Lighter LTC	61.980	0.0096	get 0.0012% / 1h	55m 47s	$1.3M	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now −0.045%Rate

Funding earned: $11.76
Price spread: −0.045% → +0.014%: −$5.95
Slippage, 4 orders: −$22.91
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Lighter: 0 bp × 2 orders: $0
Net: −$24.1
Costs to cover: 0.299%
Break-even: 21.3 days

Slippage from Deribit: live order book, 3 min ago; Lighter: live order book, 10 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	3.23 bp	8.3 bp −$8	doesn't fit	doesn't fit	doesn't fit
Sell Lighter live order book, 10 min ago	3.63 bp	5.9 bp −$6	15.3 bp −$153	135.5 bp −$13.5K	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	−0.0194%	1h	61.905	−0.166%	$85K	$371K	10x	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0160% / S +0.0342%	1h	61.959	−0.079%	$122K	—	200x	as long as short
Variational Omni LTC	−0.0047%	8h	61.977	−0.051%	$3.6M	$4.0M	—	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.958	−0.081%	$313K	$4.2M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	61.969	−0.062%	$31K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.286%	$5K	$22K	12x	as long as short
Deribit LTC_USDC-PERPETUALlong	+0.0040%	1h	62.008	long leg	$710K	$1.1M	50x
Lighter LTCshort	+0.0096%	1h	61.980	−0.045%	$1.3M	$1.2M	10x
Orderly PERP_LTC_USDC	+0.0100%	8h	61.960	−0.077%	$12K	$213K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	61.863	−0.235%	$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	61.975	−0.053%	$264K	$322K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	61.993	−0.024%	$37.6M	$23.8M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	62.029	+0.033%	$2.7M	$2.3M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.913	−0.153%	$541K	$87K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.884	−0.199%	$95.7M	$223.3M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	61.880	−0.206%	$78.5M	$59.6M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.880	−0.206%	$27.6M	$75.1M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	61.950	−0.094%	$13.0M	$20.7M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.870	−0.223%	$61.7M	$34.1M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.940	−0.110%	$19.1M	$12.7M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.890	−0.190%	$32.1M	$22.0M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	61.960	−0.077%	—	$37.8M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	61.962	−0.074%	$159K	$266K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	61.956	−0.084%	$42K	$355K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	62.034	+0.042%	$342K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	62.050	+0.068%	$118K	$708K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	62.060	+0.084%	$18K	$4.1M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.970	−0.061%	$638	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	61.940	−0.110%	$1.9M	$4.8M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.990	−0.029%	$22.2M	$9.1M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	61.953	−0.088%	$693K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.987	−0.034%	$473K	—	3x	as long as short
Kraken Futures PF_LTCUSD	+0.0211%	1h	62.015	+0.011%	$6.9M	$5.8M	50x	as long as short
BloFin LTC-USDT	+0.0220%	8h	61.940	−0.110%	$4.8M	$11.9M	50x	as long as short
Reya LTCRUSDPERP	+0.0335%	1h	61.927	−0.131%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0840%	1h	62.110	+0.164%	$1.2M	$2.3M	50x	as long as short
dYdX LTC-USD	+0.1547%	1h	61.908	−0.161%	$435K	$8K	10x	as long as short