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
MXC (Futures) LTC_USDT -0.010 0.02 0.01500 103,968,399 8,772,588
MEXC Global (Futures) LTC_USDT 0.031 0.02 0.01740 94,216,465 7,609,007
Binance (Futures) LTCUSDT 0.014 0.02 0.01000 53,585,901 417,233,987
FTX (Derivatives) LTC-PERP -0.048 0.04 0.01200 25,439,191 49,817,714
Phemex (Futures) LTCUSD 0.110 0.01 -0.00436 24,650,111 40,791,543
OKEx (Futures) LTC-USD-SWAP -0.029 0.04 -0.00818 23,484,120 45,146,776
Huobi Futures LTC-USD 0.025 0.02 -0.02964 22,889,960 34,774,409
Bybit LTCUSDT 0.086 0.02 0.01000 19,957,985 17,313,047
OKEx (Futures) LTC-USDT-SWAP 0.023 0.06 0.00430 18,055,790 86,046,859
Binance (Futures) LTCUSD_PERP 0.062 0.02 0.00689 14,365,230 140,360,183
Huobi Futures LTC-USDT 0.036 0.02 -0.00881 13,438,211 117,798,753
Bitforex (Futures) SWAP-USD-LTC -0.034 0.04 0.01000 10,818,061 4,867,001
BitMEX LTCUSD -0.068 0.09 0.01590 6,301,018 6,353,345
ZBG Futures LTC_USDT -0.117 0.04 0.07987 5,689,124 7,070,662
Bitget Futures CMT_LTCUSDT 0.029 0.11 -0.00110 5,448,358 8,609,293
Hopex LTCUSDT -0.038 0.00 0.00000 4,752,435 48,046,881
Bitget Futures LTCUSD -0.021 0.11 0.02420 4,253,720 7,249,512
BitZ (Futures) 105 0.140 0.52 0.00000 4,184,590 65,062,122
BitZ (Futures) 5 0.070 0.13 0.00000 2,678,366 39,329,309
Gate.io (Futures) LTC_USDT 0.057 0.00 0.01000 2,458,878 12,306,444
Kraken (Futures) PI_LTCUSD 0.064 0.16 -0.15572 2,396,062 2,506,791
Prime XBT LTC/USD 0.000 0.71 0.00000 2,207,366 1,553,354
Prime XBT LTC/BTC 0.000 2.78 0.00000 2,116,682 285,567
Bitfinex (Futures) TLTCF0:USTF0 0.170 0.11 0.02586 2,114,548 5,604,782
BitZ (Futures) LTC_USDT 0.014 0.19 0.00000 1,955,225 25,727,406
Phemex LTCUSD -0.245 0.12 0.09350 1,656,001 17,816,838
BTSE (Futures) LTCPFC -0.112 0.25 0.00000 1,419,550 3,468,140
Bitfinex (Futures) LTCF0:USTF0 -0.070 0.03 0.00000 933,737 3,015,673
MyCoinStory LTCUSDT_QUANTO_PERP -0.073 0.00 0.01000 693,371 1,093,635
BitZ (Futures) LTC_USD -0.007 0.19 0.00000 560,317 7,480,338
Gate.io (Futures) LTC_USD -0.128 0.00 0.01000 65,219 76,678
BaseFEX LTCXBT -0.504 0.21 0.01000 15,392 159,341
CoinTiger (Futures) LTCUSDT 0.039 0.02 0.01000 0 125,181,788
Biki (Futures) 10 -0.061 0.15 0.11109 0 47,130,982
Stormgain Futures LTC-PERPUSDT 0.000 0.13 0.00400 0 2,969,076
MXC (Futures) LTC_USD -0.120 0.50 0.10000 0 2,167,008
HBTC (Futures) LTC-SWAP-USDT 0.224 0.10 0.01470 0 1,252,724
Delta Exchange LTCUSDT -0.297 0.02 0.14590 0 985,727
Crypto.com Exchange (Futures) LTCUSD-PERP -0.043 0.23 0.00000 0 767,581
BHEX (Futures) LTC-SWAP-USDT -0.054 0.05 0.03730 0 733,226
GMO Japan (Futures) LTC_JPY 0.000 0.23 0.00000 0 536,449
HBTC (Futures) LTC-SWAP 0.192 0.05 0.00891 0 251,917
Bitfinex (Futures) LTCF0:BTCF0 -0.131 0.08 0.00000 0 210,184
Bibox (Futures) 4LTC_USDT 0.000 5.60 0.00000 0 196,987
Poloniex Futures LTCUSDTPERP -0.043 0.14 0.00000 0 140,720
BHEX (Futures) LTC-SWAP -0.055 0.11 0.02855 0 86,468
dYdX Perpetual LTC-USD 0.420 0.14 0.00125 0 40,660
Crypto.com (Futures) LTCUSD-PERP 0.000 0.11 0.00000 0 35,751
CoinFLEX (Futures) LTC-USD-SWAP-LIN 0.000 0.50 0.00020 0 6,811
Stormgain Futures LTC-PERPBTC 0.000 2.26 0.00400 0 2,029

Leveraging by Futures

Furthermore, future contracts can be used to leverage position.

Exchange Symbol Premium (-)
Discount (+)
Spread Open Intrest 24h Volume Expiry Date
OKEx (Futures) LTC-USD-210924 -0.184 0.04 15,360,080 105,467,163 24/9/2021
OKEx (Futures) LTC-USDT-210924 -0.183 0.07 5,224,989 91,859,127 24/9/2021
OKEx (Futures) LTC-USD-210730 0.078 0.10 3,370,900 31,061,853 30/7/2021
Huobi Futures LTC_CQ -0.294 0.05 17,251,130 23,955,847 24/9/2021
OKEx (Futures) LTC-USDT-211231 -1.878 0.10 2,672,074 18,965,394 31/12/2021
OKEx (Futures) LTC-USD-211231 -1.858 0.12 8,203,210 14,927,829 31/12/2021
Huobi Futures LTC_NQ -2.234 0.08 12,131,730 14,351,445 24/9/2021
Binance (Futures) LTCUSD_210924 -0.281 0.05 4,878,560 13,516,312 24/9/2021
OKEx (Futures) LTC-USD-210806 0.323 0.10 1,717,820 13,203,745 6/8/2021
OKEx (Futures) LTC-USDT-210730 0.041 0.09 1,092,680 12,546,919 30/7/2021
OKEx (Futures) LTC-USDT-210806 0.371 0.09 385,766 8,006,825 6/8/2021
Huobi Futures LTC_CW -0.031 0.05 1,965,970 5,134,176 30/7/2021
Huobi Futures LTC_NW 0.114 0.05 1,283,020 5,050,555 6/8/2021
Binance (Futures) LTCUSD_211231 -1.619 0.02 2,581,160 4,752,666 31/12/2021
Huobi Futures LTC_NW 0.129 0.04 707,630 2,945,368 30/7/2021
FTX (Derivatives) LTC-0924 0.052 0.10 11,247,642 1,143,841 24/9/2021

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 ONT XMR FTT ZIL
LTC 0.69 0.67 0.66 0.65 0.64

Check other correlations with Litecoin or use a custom form to check LTC changes in correlation coefficient with other token.