LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0170%/8h= +18.6% APRnext payment +$0.21 per $10,000 · paid last 24h +0.108%

Price spread now: Deribit against Polymarket Perps+0.125%7-day average +0.089% · you sell dearer than you buy

Net, funding: paid 7d − costs−$23as in the Funding arb table

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$350.352% of the position

Long on Polymarket Perps Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.119%+$12 on $10k

Price spread, last 3 days (all we have)−0.039%−$4 · spread now +0.125%, 7d avg +0.089%

Together, before fees+0.081%+$8 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Deribit is 0.036% dearer against Polymarket Perps than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.089%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps LTC-USD	61.588	0.0051	pay 0.0006% / 1h	20m 57s	$85K	$378K	10x
Short	Deribit LTC_USDC-PERPETUAL	61.665	0.0221	get 0.0028% / 1h	20m 57s	$694K	$1.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Polymarket Perps. 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 Polymarket PerpsbpFee DeribitbpOrdersPrice spread, now +0.125%Rate

Funding earned: $35.62
Price spread: +0.125% → +0.089%: $3.59
Slippage, 4 orders: −$20.21
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $4.01
Costs to cover: 0.352%
Break-even: 6.2 days

Slippage from Polymarket Perps: live order book, 61 min ago; Deribit: 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 Polymarket Perps live order book, 61 min ago	2.88 bp	7.3 bp −$7	9.0 bp −$90	doesn't fit	doesn't fit
Sell Deribit live order book, 3 min ago	4.06 bp	10.8 bp −$11	16.0 bp −$160	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
GMX LTC/USD [ETH-USDC]	L −0.0069% / S +0.0275%	1h	61.626	+0.062%	$112K	—	200x	as long as short
Variational Omni LTC	−0.0064%	8h	61.537	−0.082%	$3.6M	$4.0M	—	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.648	+0.097%	$344K	$4.1M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	61.640	+0.084%	$30K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−4.641%	$5K	$22K	12x	as long as short
Gate LTC_USDT	+0.0038%	8h	61.610	+0.036%	$12.9M	$21.2M	75x	as long as short
Polymarket Perps LTC-USDlong	+0.0051%	1h	61.588	long leg	$85K	$378K	10x
Kraken Futures PF_LTCUSD	+0.0087%	1h	61.678	+0.145%	$6.8M	$5.8M	50x	as long as short
Lighter LTC	+0.0096%	1h	61.705	+0.190%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	61.640	+0.084%	$12K	$213K	20x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex LTC-USD-PERP	+0.0100%	8h	61.616	+0.045%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	61.620	+0.052%	$253K	$322K	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	61.652	+0.103%	$2.6M	$2.2M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.638	+0.081%	$539K	$84K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.600	+0.019%	$95.4M	$222.7M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	61.570	−0.029%	$78.1M	$59.8M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.580	−0.013%	$27.4M	$74.6M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.600	+0.019%	$61.5M	$34.7M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.620	+0.052%	$19.0M	$12.6M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.600	+0.019%	$32.0M	$22.0M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	61.590	+0.003%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	61.578	−0.016%	$158K	$265K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	61.571	−0.028%	$42K	$355K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.613	+0.040%	$340K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.590	+0.003%	$103K	$709K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.690	+0.166%	$17K	$4.2M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.630	+0.068%	$635	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	61.620	+0.052%	$1.9M	$4.8M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.650	+0.101%	$22.0M	$9.1M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	61.573	−0.024%	$685K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.635	+0.076%	$471K	$499	3x	as long as short
Hyperliquid LTC	+0.0108%	1h	61.623	+0.057%	$37.4M	$23.8M	10x	as long as short
BloFin LTC-USDT	+0.0220%	8h	61.660	+0.117%	$4.8M	$11.7M	50x	as long as short
Deribit LTC_USDC-PERPETUALshort	+0.0221%	1h	61.665	+0.125%	$694K	$1.1M	50x
Reya LTCRUSDPERP	+0.0334%	1h	61.608	+0.032%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0760%	1h	61.780	+0.312%	$1.2M	$2.3M	50x	as long as short
dYdX LTC-USD	+0.0946%	1h	61.630	+0.068%	$433K	$8K	10x	as long as short