LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0577%/8h= +63.2% APRnext payment +$0.72 per $10,000 · paid last 24h +0.005%

Price spread now: Coinbase International against dYdX+0.332%7-day average +0.122% · you sell dearer than you buy

Net, funding: paid 7d − costs−$118as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$790.789% of the position

Long on dYdX Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.392%−$39 on $10k

Price spread, last 4 days (all we have)−0.292%−$29 · spread now +0.332%, 7d avg +0.122%

Together, before fees−0.685%−$68 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Coinbase International is 0.210% dearer against dYdX than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of +0.122%. Mind the row above: over the last 7 days funding on this pair cost −0.392%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.392% in total (about -20.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.72 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX LTC-USD	60.908	0.0215	pay 0.0027% / 1h	27m 13s	$428K	$7K	10x
Short	Coinbase International LTC-PERP-INTX	61.110	0.0792	get 0.0099% / 1h	27m 13s	$1.1M	$2.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against dYdX. 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 dYdXbpFee Coinbase InternationalbpOrdersPrice spread, now +0.332%Rate

Funding earned: $121.11
Price spread: +0.332% → +0.122%: $21.03
Slippage, 4 orders: −$58.9
Fee dYdX: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $63.24
Costs to cover: 0.789%
Break-even: 3.3 days

Slippage from dYdX: live order book, 27 min ago; Coinbase International: live order book, 2 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 dYdX live order book, 27 min ago	15.48 bp	32.2 bp −$32	33.4 bp −$334	63.0 bp −$6,305	86.7 bp −$43.4K
Sell Coinbase International live order book, 2 min ago	3.27 bp	13.2 bp −$13	16.8 bp −$168	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 −0.0254% / S +0.0399%	1h	60.870	−0.063%	$102K	—	200x	as long as short
Polymarket Perps LTC-USD	−0.0246%	1h	60.837	−0.116%	$93K	$612K	10x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.918	+0.017%	$346K	$4.3M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	60.875	−0.054%	$688K	$1.1M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	60.863	−0.074%	$30K	—	150x	as long as short
Variational Omni LTC	+0.0027%	8h	61.074	+0.273%	$3.6M	$2.6M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.576%	$5K	$22K	12x	as long as short
Lighter LTC	+0.0096%	1h	60.872	−0.059%	$939K	$1.6M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.860	−0.079%	$13K	$145K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.858	−0.082%	$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	60.865	−0.070%	$267K	$331K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	60.938	+0.050%	$37.2M	$25.3M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.876	−0.052%	$2.6M	$2.5M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.902	−0.010%	$532K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.835	−0.120%	$89.8M	$231.9M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.840	−0.111%	$77.4M	$61.6M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.870	−0.062%	$26.8M	$76.2M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.850	−0.095%	$12.8M	$21.9M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.850	−0.095%	$57.8M	$35.5M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.860	−0.079%	$18.2M	$13.1M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.850	−0.095%	$31.3M	$22.9M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	60.870	−0.062%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.925	+0.028%	$147K	$278K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.977	+0.114%	$41K	$373K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.970	+0.102%	$345K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.070	+0.266%	$107K	$716K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	60.930	+0.036%	$17K	$3.9M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.840	−0.111%	$163	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.840	−0.111%	$2.0M	$5.0M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.880	−0.046%	$21.5M	$8.9M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.817	−0.149%	$675K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.836	−0.118%	$465K	—	3x	as long as short
dYdX LTC-USDlong	+0.0215%	1h	60.908	long leg	$428K	$7K	10x
BloFin LTC-USDT	+0.0220%	8h	60.900	−0.013%	$4.7M	$12.3M	50x	as long as short
Kraken Futures PF_LTCUSD	+0.0231%	1h	60.865	−0.069%	$6.7M	$6.3M	50x	as long as short
Reya LTCRUSDPERP	+0.0337%	1h	60.854	−0.088%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTXshort	+0.0792%	1h	61.110	+0.332%	$1.1M	$2.4M	50x