Funding you earn now, next payment 04:00 UTC+0.0053%/8h= +5.8% APRpaid last 24h −0.008%
Price spread now: OKX against Deribit−0.130%7-day average −0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$320.323% of the position
Funding, last 7 days+0.102%+$10 on $10k
+Price spread, last 4 days (all we have)+0.083%+$8 · spread now −0.130%, 7d avg −0.059%
=Funding pays, the price is against you. OKX is 0.072% cheaper against Deribit than usual: you would sell low and buy high (spread −0.130% now, against its 7-day average of −0.059%). If the spread goes back, that is −$7 on $10k: about 4.5 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 | 60.629 | 0.0047 | pay 0.0006% / 1h | 18m 55s | $687K | $1.1M | 50x |
| Short | OKX LTC-USDT-SWAP | 60.550 | 0.0100 | get 0.0100% / 8h | 4h 18m | $26.8M | $75.2M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $11.13
- Price spread: −0.130% → −0.059%
- −$7.15
- Slippage, 4 orders
- −$15.34
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$28.36
- Costs to cover
- 0.323%
- Break-even
- 24.8 days
Slippage from Deribit: live order book, 5 min ago; OKX: live order book, 5 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 | 4.12 bp | 7.6 bp −$8 | 12.5 bp −$125 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 0.82 bp | 7.2 bp −$7 | 14.3 bp −$143 | 44.0 bp −$4,399 | 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 −0.0328% / S +0.0431% | 1h | 60.600 | −0.048% | $110K | — | 200x | as long as short |
| Polymarket Perps LTC-USD | −0.0219% | 1h | 60.546 | −0.137% | $79K | $397K | 10x | as long as short |
| Kalshi KXLTCPERP | 0.0000% | 8h | 60.587 | −0.069% | $344K | $4.4M | 4x | as long as short |
| gTrade (Gains Network) LTC/USD | L +0.0002% / S −0.0003% | 1h | 60.605 | −0.040% | $30K | — | 150x | as long as short |
| Variational Omni LTC | +0.0025% | 8h | 60.554 | −0.124% | $3.6M | $2.6M | — | as long as short |
| Injective LTC/USDC PERP | +0.0033% | 1h | 58.730 | −3.132% | $5K | $22K | 12x | as long as short |
| Deribit LTC_USDC-PERPETUALlong | +0.0047% | 1h | 60.629 | long leg | $687K | $1.1M | 50x | |
| Lighter LTC | +0.0096% | 1h | 60.599 | −0.049% | $940K | $1.6M | 10x | as long as short |
| Orderly PERP_LTC_USDC | +0.0099% | 8h | 60.590 | −0.064% | $13K | $171K | 20x | as long as short |
| Paradex LTC-USD-PERP | +0.0100% | 8h | 60.568 | −0.100% | $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 | 60.575 | −0.089% | $267K | $333K | 10x | as long as short |
| Hyperliquid LTC | +0.0100% | 1h | 60.646 | +0.028% | $37.1M | $25.5M | 10x | as long as short |
| Aster LTCUSDT | +0.0100% | 8h | 60.623 | −0.011% | $2.5M | $2.6M | 75x | as long as short |
| Pacifica LTC | +0.0100% | 1h | 60.593 | −0.060% | $530K | $83K | 10x | as long as short |
| Binance LTCUSDT | +0.0100% | 8h | 60.559 | −0.116% | $89.9M | $229.8M | 75x | as long as short |
| Bybit LTCUSDT | +0.0100% | 8h | 60.560 | −0.114% | $76.3M | $60.6M | 75x | as long as short |
| OKX LTC-USDT-SWAPshort | +0.0100% | 8h | 60.550 | −0.130% | $26.8M | $75.2M | 50x | |
| Gate LTC_USDT | +0.0100% | 8h | 60.590 | −0.064% | $12.5M | $21.9M | 75x | as long as short |
| MEXC LTC_USDT | +0.0100% | 8h | 60.550 | −0.130% | $57.3M | $35.5M | 200x | as long as short |
| KuCoin LTCUSDTM | +0.0100% | 8h | 60.550 | −0.130% | $18.1M | $13.0M | 75x | as long as short |
| Bitget LTCUSDT | +0.0100% | 8h | 60.570 | −0.097% | $32.2M | $22.4M | 75x | as long as short |
| BingX LTC-USDC | +0.0100% | 8h | 60.600 | −0.048% | — | $6.5M | — | as long as short |
| Backpack LTC_USDC_PERP | +0.0100% | 1h | 60.576 | −0.087% | $153K | $276K | 10x | as long as short |
| edgeX LTCUSDC | +0.0100% | 4h | 60.599 | −0.050% | $41K | $374K | 20x | as long as short |
| GRVT LTC_USDT_Perp | +0.0100% | 8h | 60.624 | −0.007% | $338K | $2.0M | 10x | as long as short |
| ApeX Omni LTCUSDT | +0.0100% | 1h | 60.580 | −0.081% | $107K | $716K | 50x | as long as short |
| SunX LTC-USDT | +0.0100% | 8h | 60.680 | +0.084% | $17K | $3.9M | 30x | as long as short |
| SoDEX LTC-USD | +0.0100% | 1h | 60.600 | −0.048% | $162 | $5K | 10x | as long as short |
| HTX LTC-USDT | +0.0100% | 8h | 60.550 | −0.130% | $1.9M | $5.0M | 75x | as long as short |
| Phemex LTCUSDT | +0.0100% | 8h | 60.610 | −0.031% | $21.5M | $8.9M | 50x | as long as short |
| Extended LTC-USD | +0.0104% | 1h | 60.519 | −0.182% | $671K | $1.1M | 25x | as long as short |
| Aevo LTC-PERP | +0.0104% | 1h | 60.590 | −0.064% | $463K | — | 3x | as long as short |
| BloFin LTC-USDT | +0.0220% | 8h | 60.590 | −0.064% | $4.7M | $12.2M | 50x | as long as short |
| Kraken Futures PF_LTCUSD | +0.0295% | 1h | 60.620 | −0.015% | $6.7M | $6.3M | 50x | as long as short |
| dYdX LTC-USD | +0.0318% | 1h | 60.618 | −0.018% | $426K | $8K | 10x | as long as short |
| Reya LTCRUSDPERP | +0.0336% | 1h | 60.585 | −0.073% | $8K | — | 25x | as long as short |
| Coinbase International LTC-PERP-INTX | +0.0848% | 1h | 60.710 | +0.134% | $1.1M | $2.3M | 50x | as long as short |
Deribit LTC_USDC-PERPETUAL
OKX LTC-USDT-SWAP
GMX LTC/USD [ETH-USDC]
Polymarket Perps LTC-USD
Kalshi KXLTCPERP
gTrade (Gains Network) LTC/USD
Variational Omni LTC
Injective LTC/USDC PERP
Lighter LTC
Paradex LTC-USD-PERP
Hyperliquid LTC
Aster LTCUSDT
Pacifica LTC
Binance LTCUSDT
Bybit LTCUSDT
Gate LTC_USDT
MEXC LTC_USDT
KuCoin LTCUSDTM
Bitget LTCUSDT
BingX LTC-USDC
Backpack LTC_USDC_PERP
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
Coinbase International LTC-PERP-INTX