Funding you earn now, next payment 09:00 UTC−0.0038%/8h= −4.2% APRnext payment −$0.05 per $10,000 · paid last 24h −0.053%
Price spread now: Lighter against Hyperliquid−0.061%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$270.266% of the position
Funding, last 7 days−0.196%−$20 on $10k
+Price spread, last 7 days+0.054%+$5 · spread now −0.061%, 7d avg −0.047%
=Together, before fees−0.143%+ Points / potential airdropHyperliquid: Season 2 · Lighter: Season 3 · farm board−$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.047%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid LTC | 60.770 | 0.0134 | pay 0.0017% / 1h | 58m 22s | $38.2M | $26.5M | 10x |
| Short | Lighter LTC | 60.733 | 0.0096 | get 0.0012% / 1h | 58m 22s | $930K | $1.6M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Hyperliquid. 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
- −$8.01
- Price spread: −0.061% → −0.047%
- −$1.38
- Slippage, 4 orders
- −$17.59
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$35.98
- Costs to cover
- 0.266%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 5 min ago; Lighter: live order book, 3 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, 5 min ago | 0.33 bp | 7.0 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 3 min ago | 3.63 bp | 4.6 bp −$5 | 13.9 bp −$139 | 128.8 bp −$12.9K | 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 | 60.671 | −0.163% | $6.5M | $6.6M | 50x | as long as short |
| GMX LTC/USD [ETH-USDC] | L −0.0025% / S +0.0153% | 1h | 60.687 | −0.137% | $76K | — | 200x | as long as short |
| dYdX LTC-USD | 0.0000% | 1h | 60.720 | −0.082% | $427K | $6K | 10x | as long as short |
| Kalshi KXLTCPERP | 0.0000% | 8h | 60.704 | −0.109% | $344K | $4.4M | 4x | as long as short |
| gTrade (Gains Network) LTC/USD | L +0.0002% / S −0.0002% | 1h | 60.695 | −0.123% | $25K | — | 150x | as long as short |
| Variational Omni LTC | +0.0010% | 8h | 60.617 | −0.252% | $3.6M | $2.7M | — | as long as short |
| Injective LTC/USDC PERP | +0.0033% | 1h | 58.730 | −3.357% | $5K | $22K | 12x | as long as short |
| SoDEX LTC-USD | +0.0035% | 1h | 60.650 | −0.197% | $163 | $5K | 10x | as long as short |
| Deribit LTC_USDC-PERPETUAL | +0.0063% | 1h | 60.695 | −0.123% | $686K | $1.1M | 50x | as long as short |
| Lighter LTCshort | +0.0096% | 1h | 60.733 | −0.061% | $930K | $1.6M | 10x |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_LTC_USDC | +0.0099% | 8h | 60.670 | −0.165% | $13K | $97K | 20x | as long as short |
| Paradex LTC-USD-PERP | +0.0100% | 8h | 60.710 | −0.100% | $14K | $10K | 20x | as long as short |
| Nado LTC-PERP | +0.0100% | 1h | 60.700 | −0.115% | $263K | $344K | 10x | as long as short |
| Aster LTCUSDT | +0.0100% | 8h | 60.707 | −0.104% | $2.5M | $2.6M | 75x | as long as short |
| Pacifica LTC | +0.0100% | 1h | 60.709 | −0.100% | $531K | $82K | 10x | as long as short |
| Binance LTCUSDT | +0.0100% | 8h | 60.678 | −0.151% | $89.0M | $236.0M | 75x | as long as short |
| Bybit LTCUSDT | +0.0100% | 8h | 60.660 | −0.181% | $77.1M | $61.7M | 75x | as long as short |
| OKX LTC-USDT-SWAP | +0.0100% | 8h | 60.680 | −0.148% | $26.9M | $77.0M | 50x | as long as short |
| Gate LTC_USDT | +0.0100% | 8h | 60.670 | −0.165% | $14.2M | $21.4M | 75x | as long as short |
| MEXC LTC_USDT | +0.0100% | 8h | 60.700 | −0.115% | $56.5M | $36.0M | 200x | as long as short |
| KuCoin LTCUSDTM | +0.0100% | 8h | 60.730 | −0.066% | $18.1M | $13.5M | 75x | as long as short |
| Bitget LTCUSDT | +0.0100% | 8h | 60.690 | −0.132% | $31.3M | $23.0M | 75x | as long as short |
| BingX LTC-USDC | +0.0100% | 8h | 60.680 | −0.148% | — | $6.5M | — | as long as short |
| Backpack LTC_USDC_PERP | +0.0100% | 1h | 60.673 | −0.160% | $142K | $276K | 10x | as long as short |
| edgeX LTCUSDC | +0.0100% | 4h | 60.672 | −0.161% | $41K | $377K | 20x | as long as short |
| GRVT LTC_USDT_Perp | +0.0100% | 8h | 60.667 | −0.169% | $334K | $1.9M | 10x | as long as short |
| ApeX Omni LTCUSDT | +0.0100% | 1h | 60.710 | −0.099% | $107K | $714K | 50x | as long as short |
| Polymarket Perps LTC-USD | +0.0100% | 1h | 60.745 | −0.041% | $82K | $732K | 10x | as long as short |
| SunX LTC-USDT | +0.0100% | 8h | 60.750 | −0.033% | $17K | $3.8M | 30x | as long as short |
| HTX LTC-USDT | +0.0100% | 8h | 60.660 | −0.181% | $2.0M | $5.1M | 75x | as long as short |
| Phemex LTCUSDT | +0.0100% | 8h | 60.680 | −0.148% | $21.4M | $9.0M | 50x | as long as short |
| Extended LTC-USD | +0.0104% | 1h | 60.695 | −0.124% | $680K | $1.1M | 25x | as long as short |
| Aevo LTC-PERP | +0.0104% | 1h | 60.665 | −0.173% | $463K | — | 3x | as long as short |
| Hyperliquid LTClong | +0.0134% | 1h | 60.770 | long leg | $38.2M | $26.5M | 10x | |
| BloFin LTC-USDT | +0.0220% | 8h | 60.680 | −0.148% | $4.2M | $12.5M | 50x | as long as short |
| Reya LTCRUSDPERP | +0.0338% | 1h | 60.687 | −0.137% | $8K | — | 25x | as long as short |
| Coinbase International LTC-PERP-INTX | +0.0632% | 1h | 60.770 | 0.000% | $1.1M | $2.6M | 50x | as long as short |
Hyperliquid LTC
Lighter LTC
Kraken Futures PF_LTCUSD
GMX LTC/USD [ETH-USDC]
Kalshi KXLTCPERP
gTrade (Gains Network) LTC/USD
Variational Omni LTC
Injective LTC/USDC PERP
SoDEX LTC-USD
Deribit LTC_USDC-PERPETUAL
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-USDC
Backpack LTC_USDC_PERP
edgeX LTCUSDC
GRVT LTC_USDT_Perp
ApeX Omni LTCUSDT
Polymarket Perps LTC-USD
SunX LTC-USDT
HTX LTC-USDT
Phemex LTCUSDT
Extended LTC-USD
BloFin LTC-USDT
Coinbase International LTC-PERP-INTX