LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0732%/8h= +80.2% APRnext payment +$0.92 per $10,000 · paid last 24h +0.167%

Price spread now: dYdX against Kraken Futures+0.063%7-day average −0.016% · you sell dearer than you buy

Net, funding: paid 7d − costs−$52as in the Funding arb table

Net, price: spread back to 7d avg − costs−$124as in the Price arb table

costs, in and out, $10k−$1321.322% of the position

Long on Kraken Futures Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.798%+$80 on $10k

Price spread, last 3 days (all we have)−0.073%−$7 · spread now +0.063%, 7d avg −0.016%

Together, before fees+0.725%+$73 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and dYdX is 0.079% dearer against Kraken Futures than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.016%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_LTCUSD	61.841	0.0087	pay 0.0011% / 1h	47m 01s	$6.8M	$5.7M	50x
Short	dYdX LTC-USD	61.880	0.0819	get 0.0102% / 1h	47m 01s	$435K	$8K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Kraken Futures. 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 Kraken FuturesbpFee dYdXbpOrdersPrice spread, now +0.063%Rate

Funding earned: $153.74
Price spread: +0.063% → −0.016%: $7.93
Slippage, 4 orders: −$112.17
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: $29.5
Costs to cover: 1.322%
Break-even: 5.7 days

Slippage from Kraken Futures: live order book, 2 min ago; dYdX: live order book, 37 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 Kraken Futures live order book, 2 min ago	2.42 bp	12.2 bp −$12	21.7 bp −$217	72.0 bp −$7,200	doesn't fit
Sell dYdX live order book, 37 min ago	50.19 bp	55.2 bp −$55	128.9 bp −$1,289	177.3 bp −$17.7K	251.1 bp −$125.6K

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
Variational Omni LTC	−0.0073%	8h	61.820	−0.035%	$3.6M	$4.0M	—	as long as short
Polymarket Perps LTC-USD	−0.0048%	1h	61.828	−0.021%	$81K	$374K	10x	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0036% / S +0.0265%	1h	61.799	−0.068%	$128K	—	200x	as long as short
Gate LTC_USDT	0.0000%	8h	61.800	−0.066%	$12.8M	$20.9M	75x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.874	+0.053%	$331K	$4.1M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	61.810	−0.050%	$31K	—	150x	as long as short
Backpack LTC_USDC_PERP	+0.0015%	1h	61.786	−0.089%	$159K	$265K	10x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.031%	$5K	$22K	12x	as long as short
Kraken Futures PF_LTCUSDlong	+0.0087%	1h	61.841	long leg	$6.8M	$5.7M	50x
Lighter LTC	+0.0096%	1h	61.883	+0.068%	$1.3M	$1.2M	10x	as long as short

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	61.820	−0.034%	$12K	$212K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	61.878	+0.060%	$16K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	61.865	+0.039%	$254K	$329K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	61.859	+0.029%	$38.0M	$23.1M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	61.850	+0.014%	$2.6M	$2.2M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.895	+0.087%	$542K	$84K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.820	−0.034%	$95.7M	$222.1M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	61.780	−0.099%	$78.2M	$59.6M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.800	−0.066%	$27.5M	$74.8M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.810	−0.050%	$62.2M	$34.5M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.810	−0.050%	$18.7M	$12.2M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.810	−0.050%	$32.1M	$21.8M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	61.790	−0.083%	—	$37.4M	—	as long as short
edgeX LTCUSDC	+0.0100%	4h	61.860	+0.031%	$42K	$347K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.857	+0.026%	$347K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.840	−0.002%	$103K	$712K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.940	+0.160%	$17K	$4.2M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.800	−0.066%	$637	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	61.790	−0.083%	$1.9M	$4.8M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.820	−0.034%	$22.1M	$9.1M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	61.796	−0.073%	$691K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.803	−0.061%	$472K	$499	3x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0171%	1h	61.841	0.000%	$692K	$1.0M	50x	as long as short
BloFin LTC-USDT	+0.0220%	8h	61.810	−0.050%	$4.8M	$11.7M	50x	as long as short
Reya LTCRUSDPERP	+0.0334%	1h	61.831	−0.016%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0760%	1h	61.950	+0.176%	$1.2M	$2.2M	50x	as long as short
dYdX LTC-USDshort	+0.0819%	1h	61.880	+0.063%	$435K	$8K	10x