How to leverage Litecoin
LTC is Litecoin token.
The LTC is a volatile asset, therefore can be benefited in trading by usage of leverage.
Derivatives serving as perpetuals and future contracts are accessible on many crypto venues. Trading position can be leveraged even 125 times.
Litecoin Perpetual Future Contracts
For the purpose of leveraging your position, you can benefit from perpetual swaps.
| Exchange | Symbol | Premium (-) Discount (+) |
Spread | Funding Rate | Open Intrest | 24h Volume |
|---|---|---|---|---|---|---|
| Bitforex (Futures) | SWAP-USD-LTC | -0.114 | 0.19 | 0.06000 | 23,885,230 | 2,088,877 |
| Binance (Futures) | LTCUSDT | -0.161 | 0.12 | 0.02722 | 19,589,367 | 53,252,624 |
| OKEx (Futures) | LTC-USD-SWAP | -0.089 | 0.00 | 0.02613 | 10,534,520 | 15,546,820 |
| FTX (Derivatives) | LTC-PERP | -0.207 | 0.17 | -0.00020 | 8,783,688 | 6,121,679 |
| BitZ (Futures) | 5 | -0.122 | 0.12 | 0.00000 | 3,543,568 | 12,795,012 |
| BitZ (Futures) | 105 | 0.000 | 0.12 | 0.00000 | 3,072,998 | 11,074,378 |
| MXC (Futures) | LTC_USDT | -0.010 | 0.15 | 0.00820 | 1,909,638 | 7,880,614 |
| Phemex | LTCUSD | -0.245 | 0.12 | 0.09350 | 1,656,001 | 17,816,838 |
| Kraken (Futures) | PI_LTCUSD | -0.053 | 0.12 | 0.43791 | 1,285,975 | 824,280 |
| Phemex (Futures) | LTCUSD | -0.308 | 0.12 | 0.18576 | 1,263,343 | 8,182,637 |
| BTSE (Futures) | LTCPFC | 0.312 | 0.19 | 0.00000 | 337,739 | 725,438 |
| Gate.io (Futures) | LTC_USD | -0.035 | 0.00 | 0.02490 | 334,486 | 145,405 |
| BaseFEX | LTCXBT | -0.504 | 0.21 | 0.01000 | 15,392 | 159,341 |
| Biki (Futures) | 10 | -0.081 | 0.10 | 0.00971 | 0 | 31,098,161 |
| Huobi Futures | LTC-USD | -0.128 | 0.12 | 0.01000 | 0 | 30,803,259 |
| Hopex | LTCUSDT | -0.035 | 0.00 | 0.00000 | 0 | 9,085,713 |
| ZBG Futures | LTC_USDT | 0.000 | 0.14 | 0.00000 | 0 | 9,006,062 |
| BitMEX | LTCUSD | -0.201 | 0.12 | 0.06710 | 0 | 4,402,307 |
| HBTC (Futures) | LTC-SWAP-USDT | -0.013 | 0.16 | 0.00611 | 0 | 2,432,301 |
| Prime XBT | LTC/USD | 0.000 | 0.13 | 0.00000 | 0 | 563,518 |
| Delta Exchange | LTCUSDT | 0.000 | 0.19 | 0.03200 | 0 | 505,312 |
| Bibox (Futures) | 4LTC_USDT | 0.000 | 0.14 | 0.00000 | 0 | 399,034 |
| Prime XBT | LTC/BTC | 0.000 | 0.10 | 0.00000 | 0 | 269,340 |
| BHEX (Futures) | LTC-SWAP | 0.018 | 0.34 | 0.00073 | 0 | 130,312 |
| GMO Japan (Futures) | LTC_JPY | 0.000 | 0.99 | 0.00000 | 0 | 65,383 |
| HBTC (Futures) | LTC-SWAP | 0.005 | 0.14 | 0.00567 | 0 | 39,198 |
Leveraging by Futures
Furthermore, future contracts can be used to leverage position.
| Exchange | Symbol | Premium (-) Discount (+) |
Spread | Open Intrest | 24h Volume | Expiry Date |
|---|---|---|---|---|---|---|
| Huobi Futures | LTC_CW | -0.153 | 0.10 | 1,639,620 | 83,438,091 | 12/5/2020 |
| Huobi Futures | LTC_CQ | 0.020 | 0.10 | 10,098,280 | 79,786,021 | 26/5/2020 |
| Huobi Futures | LTC_CW | -0.101 | 0.10 | 1,283,210 | 58,045,668 | 19/5/2020 |
| Huobi Futures | LTC_CW | -0.162 | 0.12 | 4,085,930 | 54,384,664 | 26/5/2020 |
| OKEx (Futures) | LTC-USD-200807 | -0.041 | 0.00 | 4,321,190 | 51,320,400 | 7/7/2020 |
| OKEx (Futures) | LTC-USD-200925 | -2.244 | 0.00 | 19,940,720 | 42,890,880 | 25/8/2020 |
| Huobi Futures | LTC_NW | 0.184 | 0.16 | 1,537,090 | 39,397,764 | 19/5/2020 |
| Huobi Futures | LTC_CQ | -2.426 | 0.11 | 24,717,190 | 38,020,664 | 25/8/2020 |
| OKEx (Futures) | LTC-USD-200731 | -0.219 | 0.00 | 3,926,690 | 34,799,310 | 31/6/2020 |
| Huobi Futures | LTC_NW | 0.071 | 0.10 | 6,067,320 | 34,261,918 | 26/5/2020 |
| Huobi Futures | LTC_NW | -0.098 | 0.10 | 1,465,090 | 25,794,152 | 3/6/2020 |
| Huobi Futures | LTC_NW | -0.316 | 0.16 | 1,338,230 | 19,054,140 | 12/5/2020 |
| Huobi Futures | LTC_CW | -0.063 | 0.10 | 1,494,660 | 18,379,630 | 5/5/2020 |
| Huobi Futures | LTC_CW | -0.262 | 0.13 | 2,708,270 | 16,175,261 | 31/6/2020 |
| OKEx (Futures) | LTC-USD-200605 | -0.109 | 0.00 | 3,208,550 | 15,377,520 | 5/5/2020 |
| OKEx (Futures) | LTC-USD-200710 | -0.130 | 0.00 | 3,260,680 | 15,154,550 | 10/6/2020 |
| OKEx (Futures) | LTC-USD-200626 | -0.031 | 0.00 | 4,673,140 | 14,834,220 | 26/5/2020 |
| Huobi Futures | LTC_CW | -0.120 | 0.16 | 1,444,700 | 14,276,034 | 10/6/2020 |
| Huobi Futures | LTC_CW | -0.189 | 0.19 | 2,216,250 | 13,648,031 | 7/7/2020 |
| OKEx (Futures) | LTC-USD-200612 | -0.091 | 0.00 | 3,088,790 | 13,161,020 | 12/5/2020 |
| OKEx (Futures) | LTC-USD-200724 | -0.055 | 0.00 | 3,040,800 | 12,688,570 | 24/6/2020 |
| OKEx (Futures) | LTC-USD-200619 | -0.021 | 0.00 | 2,814,150 | 11,895,470 | 19/5/2020 |
| Huobi Futures | LTC_CW | -0.042 | 0.10 | 1,273,800 | 9,694,390 | 3/6/2020 |
| OKEx (Futures) | LTC-USD-200814 | -0.377 | 0.00 | 4,267,850 | 8,857,610 | 14/7/2020 |
| OKEx (Futures) | LTC-USD-200703 | -0.009 | 0.00 | 3,035,890 | 8,425,090 | 3/6/2020 |
| Huobi Futures | LTC_NW | -0.039 | 0.11 | 1,771,470 | 7,880,659 | 10/6/2020 |
| OKEx (Futures) | LTC-USD-201225 | -3.904 | 0.00 | 5,589,760 | 7,877,630 | 25/11/2020 |
| Huobi Futures | LTC_CW | -0.397 | 0.13 | 2,752,910 | 6,160,797 | 14/7/2020 |
| Huobi Futures | LTC_CW | 0.011 | 0.10 | 1,507,000 | 6,034,746 | 24/6/2020 |
| Huobi Futures | LTC_CW | -0.024 | 0.10 | 1,624,590 | 5,235,432 | 17/6/2020 |
| Huobi Futures | LTC_NW | -0.487 | 0.13 | 2,071,590 | 4,754,826 | 14/7/2020 |
| Huobi Futures | LTC_NW | -0.616 | 0.14 | 2,619,220 | 4,658,944 | 7/7/2020 |
| OKEx (Futures) | LTC-USD-200717 | -0.172 | 0.00 | 3,201,250 | 4,508,190 | 17/6/2020 |
| OKEx (Futures) | LTC-USD-200821 | -0.926 | 0.00 | 1,927,150 | 3,752,890 | 21/7/2020 |
| Huobi Futures | LTC_NW | -0.135 | 0.12 | 1,200,570 | 3,596,329 | 17/6/2020 |
| BitMEX | LTCU20 | -0.061 | 0.10 | 16,906,317 | 2,974,659 | 25/8/2020 |
| Huobi Futures | LTC_NW | -0.046 | 0.13 | 1,003,400 | 2,480,045 | 24/6/2020 |
| Huobi Futures | LTC_NW | -0.922 | 0.13 | 1,242,070 | 2,372,004 | 21/7/2020 |
| Huobi Futures | LTC_NW | -0.176 | 0.10 | 1,828,890 | 2,261,486 | 31/6/2020 |
| Huobi Futures | LTC_NQ | -0.780 | 0.16 | 6,099,160 | 1,997,568 | 19/5/2020 |
| Huobi Futures | LTC_NQ | -3.984 | 0.14 | 4,340,210 | 1,538,203 | 25/11/2020 |
| BitMEX | LTCM20 | 0.461 | 0.11 | 9,261,292 | 745,490 | 26/5/2020 |
| FTX (Derivatives) | LTC-0626 | -0.827 | 0.19 | 354,509 | 659,499 | 26/5/2020 |
| FTX (Derivatives) | LTC-0925 | -2.043 | 0.10 | 1,291,076 | 621,917 | 25/8/2020 |
| Kraken (Futures) | FI_LTCUSD_200731 | -0.037 | 0.20 | 0 | 378,979 | 31/6/2020 |
| BTSE (Futures) | LTCN20 | -1.368 | 0.19 | 14,772 | 291,841 | 31/6/2020 |
| BTSE (Futures) | LTCZ20 | -0.437 | 0.78 | 35,245 | 217,930 | 25/11/2020 |
| BTSE (Futures) | LTCM20 | -0.002 | 0.12 | 231,976 | 156,885 | 26/5/2020 |
| BTSE (Futures) | LTCQ20 | 0.169 | 0.19 | 13,682 | 120,528 | 28/7/2020 |
| BTSE (Futures) | LTCU20 | 0.783 | 0.43 | 83,880 | 82,759 | 25/8/2020 |
| Kraken (Futures) | FI_LTCUSD_200925 | 0.034 | 0.15 | 0 | 72,926 | 25/8/2020 |
| Kraken (Futures) | FI_LTCUSD_200626 | 0.118 | 0.12 | 0 | 38,903 | 26/5/2020 |
| Kraken (Futures) | FI_LTCUSD_200828 | -0.690 | 0.10 | 0 | 4,480 | 28/7/2020 |
Besides there are other derivatives which can be considered for the purpose of leveraging.
Indexes as partly correlated with LTC can be also considered for accelerating trades.
Positive correlation with Litecoin
Identifying long term correlated crypto assets can also serve as an alternative for leveraging. The alternative can come with more derivative choice and higher volumes.
| ADA | XMR | ONT | ZIL | ATOM | |
|---|---|---|---|---|---|
| LTC | 0.74 | 0.66 | 0.64 | 0.64 | 0.62 |
Check other correlations with Litecoin or use a custom form to check LTC changes in correlation coefficient with other token.