LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.1547%/8h= −169.5% APRnext payment −$1.93 per $10,000 · paid last 24h −0.164%

Price spread now: Deribit against dYdX+0.006%7-day average +0.037% · you sell dearer than you buy

Net, funding: paid 7d − costs−$212as in the Funding arb table

Net, price: spread back to 7d avg − costs−$118as in the Price arb table

costs, in and out, $10k−$1151.154% of the position

Long on dYdX Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.971%−$97 on $10k

Price spread, last 3 days (all we have)+0.035%+$4 · spread now +0.006%, 7d avg +0.037%

Together, before fees−0.936%−$94 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$46 a day on $10k at the current rate, and Deribit is 0.030% cheaper against dYdX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.037%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.971% in total (about -50.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.93 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	61.908	0.1547	pay 0.0193% / 1h	55m 10s	$435K	$8K	10x
Short	Deribit LTC_USDC-PERPETUAL	61.912	0	get 0.0000% / 1h	55m 10s	$709K	$1.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now +0.006%Rate

Funding earned: −$324.98
Price spread: +0.006% → +0.037%: −$3.04
Slippage, 4 orders: −$98.36
Fee dYdX: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$443.37
Costs to cover: 1.154%
Break-even: never at this rate

Slippage from dYdX: live order book, 19 min ago; Deribit: live order book, 4 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, 19 min ago	26.58 bp	31.6 bp −$32	31.6 bp −$316	60.9 bp −$6,090	84.2 bp −$42.1K
Sell Deribit live order book, 4 min ago	3.23 bp	9.9 bp −$10	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
Polymarket Perps LTC-USD	−0.0208%	1h	61.822	−0.139%	$85K	$370K	10x	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0162% / S +0.0343%	1h	61.884	−0.039%	$122K	—	200x	as long as short
Variational Omni LTC	−0.0047%	8h	61.977	+0.111%	$3.6M	$4.0M	—	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.949	+0.066%	$313K	$4.2M	4x	as long as short
Deribit LTC_USDC-PERPETUALshort	0.0000%	1h	61.912	+0.006%	$709K	$1.1M	50x
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	61.899	−0.015%	$31K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.133%	$5K	$22K	12x	as long as short
Lighter LTC	+0.0096%	1h	61.960	+0.084%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0100%	8h	61.870	−0.061%	$12K	$213K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	61.863	−0.073%	$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	61.855	−0.086%	$264K	$322K	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	61.940	+0.052%	$2.6M	$2.3M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.913	+0.008%	$541K	$87K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.900	−0.013%	$95.7M	$223.2M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	61.890	−0.029%	$78.5M	$59.6M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.910	+0.003%	$27.6M	$75.2M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	61.920	+0.019%	$13.0M	$20.7M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.890	−0.029%	$61.8M	$34.1M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.930	+0.036%	$19.1M	$12.7M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.900	−0.013%	$32.1M	$22.0M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	61.910	+0.003%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	61.887	−0.034%	$159K	$266K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	61.927	+0.031%	$42K	$356K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.930	+0.036%	$341K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.950	+0.068%	$118K	$708K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.960	+0.084%	$17K	$4.1M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.880	−0.045%	$637	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	61.850	−0.094%	$1.9M	$4.8M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.910	+0.003%	$22.1M	$9.1M	50x	as long as short
Hyperliquid LTC	+0.0104%	1h	61.984	+0.123%	$37.6M	$23.9M	10x	as long as short
Extended LTC-USD	+0.0104%	1h	61.848	−0.096%	$693K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.913	+0.007%	$473K	—	3x	as long as short
Kraken Futures PF_LTCUSD	+0.0211%	1h	61.914	+0.010%	$6.8M	$5.8M	50x	as long as short
BloFin LTC-USDT	+0.0220%	8h	61.880	−0.045%	$4.8M	$11.9M	50x	as long as short
Reya LTCRUSDPERP	+0.0335%	1h	61.857	−0.083%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0840%	1h	62.110	+0.326%	$1.2M	$2.3M	50x	as long as short
dYdX LTC-USDlong	+0.1547%	1h	61.908	long leg	$435K	$8K	10x