Funding you earn now, next payment 01:00 UTC−0.0323%/8h= −35.4% APRnext payment −$0.40 per $10,000 · paid last 24h −0.101%
Price spread now: Polymarket Perps against Pacifica−0.118%48s7-day average −0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$380.377% of the position
Funding, last 7 days−0.201%−$20 on $10k
+Price spread, last 3 days (all we have)+0.106%+$11 · spread now −0.118%, 7d avg −0.064%
=Together, before fees−0.094%+ Points / potential airdropPacifica: Active · farm board−$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Polymarket Perps is 0.054% cheaper against Pacifica than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.064%). Swap the legs. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.201% in total (about -10.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.40 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 | Pacifica LTC | 61.950 | 0.0100 | pay 0.0013% / 1h | 57m 47s | $542K | $87K | 10x |
| Short | Polymarket Perps LTC-USD | 61.877 | −0.0223 | pay 0.0028% / 1h | 57m 47s | $85K | $374K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Pacifica. 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
- −$67.89
- Price spread: −0.118% → −0.064%
- −$5.41
- Slippage, 4 orders
- −$21.73
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$111.03
- Costs to cover
- 0.377%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 16 min ago; Polymarket Perps: live order book, 14 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, 16 min ago | 3.23 bp | 8.9 bp −$9 | 17.4 bp −$174 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 14 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 | −0.0223% | 1h | 61.877 | −0.118% | $85K | $374K | 10x | |
| GMX LTC/USD [ETH-USDC] | L −0.0158% / S +0.0341% | 1h | 61.953 | +0.004% | $122K | — | 200x | as long as short |
| Variational Omni LTC | −0.0048% | 8h | 61.987 | +0.059% | $3.6M | $4.0M | — | as long as short |
| Kalshi KXLTCPERP | 0.0000% | 8h | 61.956 | +0.010% | $313K | $4.2M | 4x | as long as short |
| gTrade (Gains Network) LTC/USD | L +0.0002% / S −0.0003% | 1h | 61.959 | +0.015% | $31K | — | 150x | as long as short |
| Gate LTC_USDT | +0.0016% | 8h | 61.940 | −0.016% | $13.0M | $20.7M | 75x | as long as short |
| Injective LTC/USDC PERP | +0.0033% | 1h | 58.730 | −5.198% | $5K | $22K | 12x | as long as short |
| Deribit LTC_USDC-PERPETUAL | +0.0041% | 1h | 61.972 | +0.036% | $710K | $1.1M | 50x | as long as short |
| SoDEX LTC-USD | +0.0082% | 1h | 61.930 | −0.032% | $638 | $5K | 10x | as long as short |
| Lighter LTC | +0.0096% | 1h | 62.010 | +0.097% | $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 | +0.0100% | 8h | 61.930 | −0.032% | $12K | $213K | 20x | as long as short |
| Paradex LTC-USD-PERP | +0.0100% | 8h | 61.925 | −0.040% | $14K | $10K | 20x | as long as short |
| Nado LTC-PERP | +0.0100% | 1h | 61.935 | −0.024% | $264K | $322K | 10x | as long as short |
| Hyperliquid LTC | +0.0100% | 1h | 62.005 | +0.089% | $37.6M | $23.8M | 10x | as long as short |
| Aster LTCUSDT | +0.0100% | 8h | 62.007 | +0.092% | $2.7M | $2.3M | 75x | as long as short |
| Pacifica LTClong | +0.0100% | 1h | 61.950 | long leg | $542K | $87K | 10x | |
| Binance LTCUSDT | +0.0100% | 8h | 61.931 | −0.030% | $95.8M | $223.4M | 75x | as long as short |
| Bybit LTCUSDT | +0.0100% | 8h | 61.920 | −0.048% | $78.6M | $59.6M | 75x | as long as short |
| OKX LTC-USDT-SWAP | +0.0100% | 8h | 61.930 | −0.032% | $27.6M | $75.3M | 50x | as long as short |
| MEXC LTC_USDT | +0.0100% | 8h | 61.920 | −0.048% | $61.7M | $34.1M | 200x | as long as short |
| KuCoin LTCUSDTM | +0.0100% | 8h | 61.950 | 0.000% | $19.1M | $12.7M | 75x | as long as short |
| Bitget LTCUSDT | +0.0100% | 8h | 61.940 | −0.016% | $32.2M | $22.0M | 75x | as long as short |
| BingX LTC-USDT | +0.0100% | 8h | 61.940 | −0.016% | — | $37.8M | — | as long as short |
| Backpack LTC_USDC_PERP | +0.0100% | 1h | 61.933 | −0.027% | $159K | $266K | 10x | as long as short |
| edgeX LTCUSDC | +0.0100% | 4h | 62.000 | +0.081% | $42K | $358K | 20x | as long as short |
| GRVT LTC_USDT_Perp | +0.0100% | 8h | 62.034 | +0.135% | $342K | $1.9M | 10x | as long as short |
| ApeX Omni LTCUSDT | +0.0100% | 1h | 62.050 | +0.161% | $118K | $708K | 50x | as long as short |
| SunX LTC-USDT | +0.0100% | 8h | 62.020 | +0.113% | $18K | $4.1M | 30x | as long as short |
| HTX LTC-USDT | +0.0100% | 8h | 61.960 | +0.016% | $1.9M | $4.8M | 75x | as long as short |
| Phemex LTCUSDT | +0.0100% | 8h | 61.970 | +0.032% | $22.2M | $9.2M | 50x | as long as short |
| Extended LTC-USD | +0.0104% | 1h | 61.924 | −0.043% | $693K | $1.1M | 25x | as long as short |
| Aevo LTC-PERP | +0.0104% | 1h | 61.959 | +0.015% | $473K | — | 3x | as long as short |
| Kraken Futures PF_LTCUSD | +0.0211% | 1h | 61.979 | +0.048% | $6.8M | $5.8M | 50x | as long as short |
| BloFin LTC-USDT | +0.0220% | 8h | 61.960 | +0.016% | $4.8M | $11.9M | 50x | as long as short |
| Reya LTCRUSDPERP | +0.0335% | 1h | 61.912 | −0.062% | $8K | — | 25x | as long as short |
| Coinbase International LTC-PERP-INTX | +0.0840% | 1h | 62.110 | +0.258% | $1.2M | $2.3M | 50x | as long as short |
| dYdX LTC-USD | +0.1483% | 1h | 61.936 | −0.023% | $435K | $8K | 10x | as long as short |
Pacifica LTC
Polymarket Perps LTC-USD
GMX LTC/USD [ETH-USDC]
Variational Omni LTC
Kalshi KXLTCPERP
gTrade (Gains Network) LTC/USD
Gate LTC_USDT
Injective LTC/USDC PERP
Deribit LTC_USDC-PERPETUAL
SoDEX LTC-USD
Lighter LTC
Paradex LTC-USD-PERP
Hyperliquid LTC
Aster LTCUSDT
Binance LTCUSDT
Bybit LTCUSDT
OKX LTC-USDT-SWAP
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
HTX LTC-USDT
Phemex LTCUSDT
Extended LTC-USD
Kraken Futures PF_LTCUSD
BloFin LTC-USDT
Coinbase International LTC-PERP-INTX