LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0026%/8h= −2.8% APRnext payment −$0.03 per $10,000 · paid last 24h +0.005%

Price spread now: Deribit against Pacifica−0.102%7-day average +0.022% · you buy dearer than you sell

Net, funding: paid 7d − costs−$44as in the Funding arb table

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$360.360% of the position

Long on Pacifica Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.081%−$8 on $10k

Price spread, last 3 days (all we have)+0.104%+$10 · spread now −0.102%, 7d avg +0.022%

Together, before fees+0.022%+ Points / potential airdropPacifica: Active · farm board+$2 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Deribit is 0.124% cheaper against Pacifica than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.022%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica LTC	61.718	0.0100	pay 0.0013% / 1h	32m 25s	$540K	$84K	10x
Short	Deribit LTC_USDC-PERPETUAL	61.655	0.0074	get 0.0009% / 1h	32m 25s	$691K	$1.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Pacifica. 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 PacificabpFee DeribitbpOrdersPrice spread, now −0.102%Rate

Funding earned: −$5.46
Price spread: −0.102% → +0.022%: −$12.36
Slippage, 4 orders: −$21.01
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$53.83
Costs to cover: 0.360%
Break-even: never at this rate

Slippage from Pacifica: live order book, 51 min ago; Deribit: live order book, 2 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 Pacifica live order book, 51 min ago	4.01 bp	9.6 bp −$10	16.6 bp −$166	doesn't fit	doesn't fit
Sell Deribit live order book, 2 min ago	4.04 bp	7.5 bp −$8	12.7 bp −$127	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
Variational Omni LTC	−0.0070%	8h	61.778	+0.097%	$3.6M	$4.0M	—	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0060% / S +0.0270%	1h	61.621	−0.157%	$112K	—	200x	as long as short
Polymarket Perps LTC-USD	−0.0002%	1h	61.582	−0.220%	$81K	$374K	10x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.784	+0.107%	$336K	$4.1M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	61.630	−0.142%	$30K	—	150x	as long as short
Gate LTC_USDT	+0.0025%	8h	61.620	−0.159%	$12.8M	$21.1M	75x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−4.841%	$5K	$22K	12x	as long as short
Deribit LTC_USDC-PERPETUALshort	+0.0074%	1h	61.655	−0.102%	$691K	$1.0M	50x
Kraken Futures PF_LTCUSD	+0.0087%	1h	61.666	−0.084%	$6.8M	$5.8M	50x	as long as short
Lighter LTC	+0.0096%	1h	61.790	+0.117%	$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	61.630	−0.143%	$12K	$213K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	61.678	−0.065%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	61.550	−0.272%	$253K	$322K	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	61.649	−0.112%	$2.6M	$2.2M	75x	as long as short
Pacifica LTClong	+0.0100%	1h	61.718	long leg	$540K	$84K	10x
Binance LTCUSDT	+0.0100%	8h	61.640	−0.126%	$95.4M	$222.2M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	61.610	−0.175%	$78.1M	$59.7M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.610	−0.175%	$27.4M	$74.6M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.630	−0.143%	$62.1M	$34.6M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.630	−0.143%	$19.0M	$12.5M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.610	−0.175%	$32.0M	$21.9M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	61.620	−0.159%	—	$37.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	61.702	−0.026%	$158K	$265K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	61.792	+0.120%	$42K	$350K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.779	+0.099%	$341K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.800	+0.133%	$103K	$711K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.700	−0.029%	$17K	$4.2M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.630	−0.143%	$635	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	61.780	+0.100%	$1.9M	$4.8M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.750	+0.052%	$22.1M	$9.1M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	61.604	−0.184%	$687K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.642	−0.123%	$471K	$499	3x	as long as short
Hyperliquid LTC	+0.0135%	1h	61.670	−0.078%	$37.7M	$23.6M	10x	as long as short
BloFin LTC-USDT	+0.0220%	8h	61.730	+0.019%	$4.8M	$11.7M	50x	as long as short
Reya LTCRUSDPERP	+0.0334%	1h	61.607	−0.180%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0760%	1h	61.710	−0.013%	$1.2M	$2.2M	50x	as long as short
dYdX LTC-USD	+0.0959%	1h	61.694	−0.039%	$434K	$8K	10x	as long as short