LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.007%

Price spread now: Backpack against Aevo−0.023%7-day average −0.022% · you buy dearer than you sell

Net, funding: paid 7d − costs−$93as in the Funding arb table

Net, price: spread back to 7d avg − costs−$85as in the Price arb table

costs, in and out, $10k−$850.849% of the position

Long on Aevo Short on Backpack

What this pair did over the last

the charts below follow

Funding, last 7 days−0.077%−$8 on $10k

Price spread, last 4 days (all we have)−0.038%−$4 · spread now −0.023%, 7d avg −0.022%

Together, before fees−0.115%−$12 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo LTC-PERP	60.702	0.0104	pay 0.0013% / 1h	45m 53s	$464K	—	3x
Short	Backpack LTC_USDC_PERP	60.688	0.0100	get 0.0013% / 1h	45m 53s	$153K	$277K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against Aevo. 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 AevobpFee BackpackbpOrdersPrice spread, now −0.023%Rate

Funding earned: −$0.84
Price spread: −0.023% → −0.022%: −$0.13
Slippage, 4 orders: −$58.92
Fee Aevo: 8 bp × 2 orders: −$16
Fee Backpack: 5 bp × 2 orders: −$10
Net: −$85.89
Costs to cover: 0.849%
Break-even: never at this rate

Slippage from Aevo: live order book, 18 min ago; Backpack: live order book, 17 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 Aevo live order book, 18 min ago	21.27 bp	36.2 bp −$36	187.7 bp −$1,877	doesn't fit	doesn't fit
Sell Backpack live order book, 17 min ago	0.08 bp	5.8 bp −$6	doesn't fit	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 −0.0255% / S +0.0378%	1h	60.719	+0.029%	$110K	—	200x	as long as short
Polymarket Perps LTC-USD	−0.0055%	1h	60.659	−0.071%	$80K	$390K	10x	as long as short
Variational Omni LTC	−0.0003%	8h	60.684	−0.029%	$3.6M	$2.6M	—	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.693	−0.015%	$319K	$4.3M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	60.726	+0.040%	$30K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.248%	$5K	$22K	12x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0096%	1h	60.749	+0.078%	$688K	$1.1M	50x	as long as short
Orderly PERP_LTC_USDC	+0.0100%	8h	60.710	+0.013%	$13K	$211K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.668	−0.056%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	60.715	+0.022%	$265K	$327K	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid LTC	+0.0100%	1h	60.738	+0.060%	$37.0M	$24.6M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.712	+0.017%	$2.6M	$2.4M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.680	−0.036%	$530K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.690	−0.020%	$91.2M	$224.9M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.680	−0.036%	$77.2M	$58.4M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.700	−0.003%	$26.8M	$74.0M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.690	−0.020%	$12.7M	$21.2M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.690	−0.020%	$58.0M	$34.6M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.700	−0.003%	$18.3M	$12.7M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.700	−0.003%	$32.5M	$22.2M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	60.690	−0.020%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERPshort	+0.0100%	1h	60.688	−0.023%	$153K	$277K	10x
edgeX LTCUSDC	+0.0100%	4h	60.722	+0.033%	$41K	$374K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.791	+0.147%	$336K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.750	+0.079%	$102K	$715K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	60.810	+0.178%	$17K	$3.9M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.700	−0.003%	$163	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.700	−0.003%	$2.0M	$4.9M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.700	−0.003%	$21.6M	$8.8M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.675	−0.044%	$676K	$1.1M	25x	as long as short
Aevo LTC-PERPlong	+0.0104%	1h	60.702	long leg	$464K	—	3x
Lighter LTC	+0.0168%	1h	60.756	+0.089%	$1.3M	$1.2M	10x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.640	−0.102%	—	$12.2M	50x	as long as short
dYdX LTC-USD	+0.0287%	1h	60.673	−0.048%	$426K	$8K	10x	as long as short
Reya LTCRUSDPERP	+0.0336%	1h	60.696	−0.010%	$8K	—	25x	as long as short
Kraken Futures PF_LTCUSD	+0.0350%	1h	60.722	+0.034%	$6.7M	$6.1M	50x	as long as short
Coinbase International LTC-PERP-INTX	+0.0832%	1h	60.820	+0.195%	$1.1M	$2.3M	50x	as long as short