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
Binance (Futures) LTCUSDT -0.018 0.02 -0.00491 31,001,099 171,548,040
FTX (Derivatives) LTC-PERP 0.133 0.02 -0.10800 25,072,983 34,995,379
OKEx (Futures) LTC-USDT-SWAP -0.072 0.02 -0.00181 17,229,398 118,792,364
Bybit LTCUSDT 0.088 0.05 -0.00570 15,612,481 25,608,549
OKEx (Futures) LTC-USD-SWAP -0.034 0.02 0.00203 15,401,410 39,838,045
AAX Futures LTCUSDTFP 2.657 0.06 -0.02850 14,253,126 20,602,927
Prime XBT LTC/BTC 0.000 3.57 0.00000 8,802,100 5,537
Binance (Futures) LTCUSD_PERP 0.021 0.02 -0.00944 8,293,670 21,492,242
Prime XBT LTC/USD 0.000 1.72 0.00000 7,372,600 129,859
Bitforex (Futures) SWAP-USD-LTC 0.147 0.09 -0.08767 6,755,167 122,417,165
dYdX Perpetual LTC-USD 0.066 0.35 -0.00033 5,188,400 1,171,973
BTCC Futures LTCUSDT -0.123 0.44 0.00000 5,035,756 6,690,441
Bitget Futures LTCUSD -0.009 0.08 0.02329 4,712,650 7,593,332
ZBG Futures LTC_USDT 0.050 0.01 -0.03625 4,473,465 1,123,563
Gate.io (Futures) LTC_USDT -0.018 0.18 -0.00380 4,228,449 7,505,482
BitZ (Futures) 105 0.140 0.52 0.00000 4,184,590 65,062,122
BitMEX LTCUSD -0.035 0.04 0.01000 2,858,461 2,695,641
BitZ (Futures) 5 0.070 0.13 0.00000 2,678,366 39,329,309
Huobi Futures LTC-USD 0.136 0.05 0.01000 2,508,350 812,918
Bitfinex (Futures) TLTCF0:USTF0 0.170 0.11 0.02586 2,114,548 5,604,782
Kraken (Futures) PI_LTCUSD 0.124 0.14 -1.57165 1,819,887 853,815
Phemex (Futures) LTCUSD -0.336 0.07 0.01000 1,717,253 11,119,740
Bitfinex (Futures) LTCF0:USTF0 0.070 0.07 0.00000 1,702,449 4,513,635
Phemex LTCUSD -0.245 0.12 0.09350 1,656,001 17,816,838
Huobi Futures LTC-USDT 0.047 0.05 0.00752 1,497,006 2,794,048
BTSE (Futures) LTCPFC -0.285 2.19 0.00000 1,485,213 929,339
Bitrue (Futures) LTC-USDT 0.075 0.11 -0.01416 1,121,047 19,339,105
MyCoinStory LTCUSDT_QUANTO_PERP -0.168 0.00 0.06409 1,097,992 3,523,127
Bitget Futures CMT_LTCUSDT -0.020 0.07 -0.00340 852,058 3,654,032
MEXC Global (Futures) LTC_USDT 0.074 0.04 -0.00990 833,745 27,849,207
Hopex LTCUSDT -0.159 0.00 0.00000 804,986 13,705,970
AscendEX (BitMax) (Futures) LTC-PERP 0.342 0.00 -0.02960 336,352 453,304
Crypto.com Exchange (Futures) LTCUSD-PERP 0.088 0.12 -0.00001 312,635 312,635
CoinEx (Futures) LTC-USDT -0.035 0.02 -0.04379 300,586 2,497,286
MCS LTCUSDT_QUANTO_PERP 0.250 0.22 0.01000 232,211 8,530
Gate.io (Futures) LTC_USD -2.431 9.18 0.01000 112,882 3,190
Poloniex Futures LTCUSDTPERP -0.035 0.21 0.00000 47,908 75,764
BitZ (Futures) LTC_USDT 0.000 0.14 0.00000 47,194 263,085
CoinFLEX (Futures) LTC-USD-SWAP-LIN 0.000 0.53 -0.00080 35,229 268
BitZ (Futures) LTC_USD 0.000 0.12 0.00000 30,560 178,650
BaseFEX LTCXBT -0.504 0.21 0.01000 15,392 159,341
WOO Network (Futures) PERP_LTC_USDT 0.071 0.04 -0.00296 608 21,411
CoinTiger (Futures) LTCUSDT 0.102 0.02 -0.00470 0 51,286,088
Biki (Futures) 10 -0.061 0.15 0.11109 0 47,130,982
Bybit LTCUSD 0.000 0.02 0.01000 0 3,308,750
MXC (Futures) LTC_USD -0.120 0.50 0.10000 0 2,167,008
BTCEX (Futures) LTC-USDT-PERPETUAL -0.035 0.02 0.01000 0 1,446,139
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
Stormgain Futures LTC-PERPUSDT 0.000 0.10 0.00400 0 408,262
GMO Japan (Futures) LTC_JPY 0.000 0.24 0.00000 0 262,978
HBTC (Futures) LTC-SWAP 0.192 0.05 0.00891 0 251,917
Bitfinex (Futures) LTCF0:BTCF0 0.068 0.05 -0.02460 0 175,146
Bibox (Futures) 4LTC_USDT 0.000 0.02 0.00000 0 136,747
BHEX (Futures) LTC-SWAP-USDT -0.011 0.14 -0.02237 0 53,432
Deribit LTC_USDC-PERPETUAL -0.129 0.09 -0.00243 0 36,994
Crypto.com (Futures) LTCUSD-PERP 0.000 0.11 0.00000 0 35,751
BHEX (Futures) LTC-SWAP 0.047 0.03 0.02221 0 40
Stormgain Futures LTC-PERPBTC 0.000 2.56 0.00400 0 15
Drift Protocol LTC-PERP 0.000 0.00 0.01709 0 0

Leveraging by Futures

Furthermore, future contracts can be used to leverage position.

Exchange Symbol Premium (-)
Discount (+)
Spread Open Intrest 24h Volume Expiry Date
BTCC Futures LTC-WEEKLY -0.123 0.44 7,654,349 10,169,470 1/7/2022
Huobi Futures LTC_CW 0.496 0.19 476,990 3,339,051 1/7/2022
OKX (Futures) LTC-USD-220701 0.409 0.07 3,016,370 2,518,824 1/7/2022
OKX (Futures) LTC-USD-221230 -0.222 0.10 2,066,060 1,972,978 30/12/2022
OKX (Futures) LTC-USDT-221230 -0.796 0.10 2,851,744 1,967,375 30/12/2022
OKX (Futures) LTC-USDT-220708 0.314 0.14 115,989 1,932,556 8/7/2022
OKX (Futures) LTC-USDT-220701 0.159 0.12 894,301 1,801,552 1/7/2022
Huobi Futures LTC_NQ -0.335 0.15 734,090 1,735,580 30/9/2022
FTX (Derivatives) LTC-0930 0.243 0.23 2,289,380 1,387,638 30/9/2022
OKX (Futures) LTC-USD-220708 0.378 0.10 1,523,770 1,345,655 8/7/2022
Binance (Futures) LTCUSD_220930 0.583 0.05 1,456,390 805,062 30/9/2022
Huobi Futures LTC_CQ 0.443 0.18 1,058,070 766,771 30/9/2022
Huobi Futures LTC_NW 0.692 0.31 465,030 665,639 1/7/2022
Huobi Futures LTC_NW 0.927 0.16 339,770 645,161 8/7/2022
Binance (Futures) LTCUSD_221230 -0.179 0.19 138,180 171,518 30/12/2022

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 FTT XMR BCH
LTC 0.71 0.68 0.66 0.66 0.65

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