Funding you earn now, next payment 01:00 UTC−0.1756%/8h= −192.3% APRnext payment −$2.19 per $10,000 · paid last 24h −0.272%
Price spread now: Polymarket Perps against dYdX−0.139%7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$223as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1141.141% of the position
Funding, last 7 days−1.093%−$109 on $10k
+Price spread, last 3 days (all we have)+0.160%+$16 · spread now −0.139%, 7d avg −0.048%
=Both sides work against this trade now: funding costs −$53 a day on $10k at the current rate, and Polymarket Perps is 0.091% cheaper against dYdX than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.048%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -1.093% in total (about -57.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.19 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 05s | $435K | $8K | 10x |
| Short | Polymarket Perps LTC-USD | 61.822 | −0.0208 | pay 0.0026% / 1h | 55m 05s | $85K | $370K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against dYdX. 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
- −$368.74
- Price spread: −0.139% → −0.048%
- −$9.05
- Slippage, 4 orders
- −$96.11
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$491.9
- Costs to cover
- 1.141%
- Break-even
- never at this rate
Slippage from dYdX: live order book, 19 min ago; Polymarket Perps: live order book, 17 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 Polymarket Perps live order book, 17 min ago | 2.99 bp | 8.0 bp −$8 | 10.0 bp −$100 | 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-USDshort | −0.0208% | 1h | 61.822 | −0.139% | $85K | $370K | 10x | |
| 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-PERPETUAL | 0.0000% | 1h | 61.912 | +0.006% | $709K | $1.1M | 50x | as long as short |
| 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 | 61.926 | +0.029% | $95.8M | $223.2M | 75x | as long as short |
| Bybit LTCUSDT | +0.0100% | 8h | 61.900 | −0.013% | $78.5M | $59.6M | 75x | as long as short |
| OKX LTC-USDT-SWAP | +0.0100% | 8h | 61.930 | +0.036% | $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 | 61.930 | +0.036% | $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 | 61.940 | +0.052% | $32.2M | $22.0M | 75x | as long as short |
| BingX LTC-USDT | +0.0100% | 8h | 61.900 | −0.013% | — | $37.8M | — | 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 | 61.898 | −0.016% | $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 |
Polymarket Perps LTC-USD
GMX LTC/USD [ETH-USDC]
Variational Omni LTC
Kalshi KXLTCPERP
Deribit LTC_USDC-PERPETUAL
gTrade (Gains Network) LTC/USD
Injective LTC/USDC PERP
Lighter LTC
Paradex LTC-USD-PERP
Aster LTCUSDT
Pacifica LTC
Binance LTCUSDT
Bybit LTCUSDT
OKX LTC-USDT-SWAP
Gate LTC_USDT
MEXC LTC_USDT
KuCoin LTCUSDTM
Bitget LTCUSDT
BingX LTC-USDT
Backpack LTC_USDC_PERP
edgeX LTCUSDC
GRVT LTC_USDT_Perp
ApeX Omni LTCUSDT
SunX LTC-USDT
SoDEX LTC-USD
HTX LTC-USDT
Phemex LTCUSDT
Hyperliquid LTC
Extended LTC-USD
Kraken Futures PF_LTCUSD
BloFin LTC-USDT
Coinbase International LTC-PERP-INTX