LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0118%/8h= +13.0% APRnext payment +$0.15 per $10,000 · paid last 24h +0.116%

Price spread now: dYdX against Hyperliquid−0.240%7-day average −0.095% · you buy dearer than you sell

Net, funding: paid 7d − costs−$53as in the Funding arb table

Net, price: spread back to 7d avg − costs−$137as in the Price arb table

costs, in and out, $10k−$1221.222% of the position

Long on Hyperliquid Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.691%+$69 on $10k

Price spread, last 4 days (all we have)+0.170%+$17 · spread now −0.240%, 7d avg −0.095%

Together, before fees+0.861%+ Points / potential airdropHyperliquid: Season 2 · farm board+$86 on $10k · with fees, hour by hour

Funding pays, the price is against you. dYdX is 0.145% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.240% now, against its 7-day average of −0.095%). If the spread goes back, that is −$14 on $10k: about 4.1 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.691% in total) that is about 35 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid LTC	60.894	0.0100	pay 0.0013% / 1h	35m 11s	$37.0M	$24.6M	10x
Short	dYdX LTC-USD	60.748	0.0218	get 0.0027% / 1h	35m 11s	$427K	$8K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Hyperliquid. 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 HyperliquidbpFee dYdXbpOrdersPrice spread, now −0.240%Rate

Funding earned: $24.86
Price spread: −0.240% → −0.095%: −$14.5
Slippage, 4 orders: −$103.15
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$111.79
Costs to cover: 1.222%
Break-even: 38.5 days

Slippage from Hyperliquid: live order book, 8 min ago; dYdX: live order book, 29 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 Hyperliquid live order book, 8 min ago	0.25 bp	5.8 bp −$6	doesn't fit	doesn't fit	doesn't fit
Sell dYdX live order book, 29 min ago	17.13 bp	22.1 bp −$22	123.3 bp −$1,233	139.4 bp −$13.9K	208.8 bp −$104.4K

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 −0.0264% / S +0.0382%	1h	60.827	−0.110%	$111K	—	200x	as long as short
Polymarket Perps LTC-USD	−0.0082%	1h	60.750	−0.236%	$80K	$390K	10x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.756	−0.227%	$320K	$4.3M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	60.824	−0.116%	$30K	—	150x	as long as short
Variational Omni LTC	+0.0005%	8h	60.793	−0.166%	$3.6M	$2.6M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.554%	$5K	$22K	12x	as long as short
Orderly PERP_LTC_USDC	+0.0100%	8h	60.830	−0.105%	$13K	$210K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.787	−0.176%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	60.755	−0.228%	$265K	$327K	10x	as long as short
Hyperliquid LTClong	+0.0100%	1h	60.894	long leg	$37.0M	$24.6M	10x

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster LTCUSDT	+0.0100%	8h	60.829	−0.107%	$2.6M	$2.5M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.760	−0.221%	$531K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.849	−0.074%	$91.3M	$225.3M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.830	−0.105%	$77.3M	$58.7M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.830	−0.105%	$26.8M	$74.2M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.830	−0.105%	$12.7M	$21.3M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.830	−0.105%	$57.8M	$34.7M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.830	−0.105%	$18.2M	$12.7M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.860	−0.056%	$32.6M	$22.2M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	60.840	−0.089%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.820	−0.122%	$153K	$277K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.682	−0.349%	$41K	$374K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.717	−0.290%	$335K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.710	−0.302%	$102K	$717K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	60.910	+0.026%	$17K	$3.9M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.840	−0.089%	$163	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.720	−0.286%	$2.0M	$4.9M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.850	−0.072%	$21.6M	$8.8M	50x	as long as short
Lighter LTC	+0.0104%	1h	60.891	−0.005%	$1.3M	$1.2M	10x	as long as short
Extended LTC-USD	+0.0104%	1h	60.818	−0.124%	$675K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.822	−0.118%	$464K	—	3x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0128%	1h	60.862	−0.053%	$690K	$1.1M	50x	as long as short
dYdX LTC-USDshort	+0.0218%	1h	60.748	−0.240%	$427K	$8K	10x
BloFin LTC-USDT	+0.0220%	8h	60.840	−0.089%	$4.8M	$12.2M	50x	as long as short
Reya LTCRUSDPERP	+0.0336%	1h	60.805	−0.146%	$8K	—	25x	as long as short
Kraken Futures PF_LTCUSD	+0.0350%	1h	60.859	−0.058%	$6.7M	$6.1M	50x	as long as short
Coinbase International LTC-PERP-INTX	+0.0832%	1h	60.930	+0.059%	$1.1M	$2.3M	50x	as long as short