LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.01 per $10,000 · paid last 24h −0.010%

Price spread now: Pacifica against Deribit+0.044%7-day average −0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$36as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$430.431% of the position

Long on Deribit Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.074%+$7 on $10k

Price spread, last 4 days (all we have)+0.029%+$3 · spread now +0.044%, 7d avg −0.021%

Together, before fees+0.103%+ Points / potential airdropPacifica: Active · farm board+$10 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Pacifica is 0.066% dearer against Deribit than usual: you sell high and buy low (spread +0.044% now, against its 7-day average of −0.021%): +$7 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 18 days. Mind the row above: over the last 7 days funding on this pair paid +0.074%, 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	60.873	0.0112	pay 0.0014% / 1h	7m 56s	$687K	$1.1M	50x
Short	Pacifica LTC	60.900	0.0100	get 0.0013% / 1h	7m 56s	$532K	$81K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now +0.044%Rate

Funding earned: −$2.52
Price spread: +0.044% → −0.021%: $6.55
Slippage, 4 orders: −$28.13
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$39.09
Costs to cover: 0.431%
Break-even: never at this rate

Slippage from Deribit: live order book, 1 min ago; Pacifica: live order book, 26 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	3.28 bp	8.4 bp −$8	15.3 bp −$153	doesn't fit	doesn't fit
Sell Pacifica live order book, 26 min ago	4.14 bp	17.5 bp −$18	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
Kraken Futures PF_LTCUSD	−0.0040%	1h	60.868	−0.007%	$6.5M	$6.5M	50x	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0017% / S +0.0142%	1h	60.852	−0.034%	$76K	—	200x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.895	+0.036%	$350K	$4.2M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0002%	1h	60.887	+0.023%	$25K	—	150x	as long as short
Variational Omni LTC	+0.0010%	8h	60.925	+0.085%	$3.6M	$2.7M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.520%	$5K	$22K	12x	as long as short
Lighter LTC	+0.0096%	1h	60.872	−0.002%	$941K	$1.6M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.850	−0.038%	$13K	$88K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.873	0.000%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	60.885	+0.020%	$258K	$337K	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid LTC	+0.0100%	1h	60.908	+0.057%	$38.2M	$25.4M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.930	+0.094%	$2.5M	$2.5M	75x	as long as short
Pacifica LTCshort	+0.0100%	1h	60.900	+0.044%	$532K	$81K	10x
Binance LTCUSDT	+0.0100%	8h	60.890	+0.028%	$88.9M	$225.2M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.870	−0.005%	$77.7M	$60.4M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.890	+0.028%	$26.9M	$74.5M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.900	+0.044%	$14.7M	$21.8M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.880	+0.011%	$57.8M	$36.6M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.880	+0.011%	$18.7M	$13.3M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.900	+0.044%	$31.4M	$22.5M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	60.880	+0.011%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.840	−0.054%	$151K	$277K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.899	+0.043%	$41K	$376K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.950	+0.127%	$344K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.870	−0.005%	$107K	$713K	50x	as long as short
Polymarket Perps LTC-USD	+0.0100%	1h	60.900	+0.044%	$82K	$731K	10x	as long as short
SunX LTC-USDT	+0.0100%	8h	60.940	+0.110%	$17K	$3.6M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.840	−0.054%	$163	$6K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.860	−0.021%	$2.0M	$5.0M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.860	−0.021%	$21.4M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.869	−0.006%	$684K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.850	−0.038%	$465K	—	3x	as long as short
Deribit LTC_USDC-PERPETUALlong	+0.0112%	1h	60.873	long leg	$687K	$1.1M	50x
BloFin LTC-USDT	+0.0220%	8h	60.890	+0.028%	$4.1M	$12.6M	50x	as long as short
Reya LTCRUSDPERP	+0.0339%	1h	60.845	−0.045%	$8K	—	25x	as long as short
dYdX LTC-USD	+0.0627%	1h	60.870	−0.005%	$428K	$4K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0632%	1h	61.050	+0.291%	$1.1M	$2.6M	50x	as long as short