Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0116%/8h= +12.7% APRpaid last 24h +0.035%

Price spread now: BloFin against Aevo−0.079%53s7-day average +0.022% · you buy dearer than you sell

Net, funding: paid 7d − costs−$86as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1051.049% of the position

Long on Aevo Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.186%+$19 on $10k

Price spread, last 3 days (all we have)+0.113%+$11 · spread now −0.079%, 7d avg +0.022%

Together, before fees+0.300%+$30 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.101% cheaper against Aevo than usual: you would sell low and buy high (spread −0.079% now, against its 7-day average of +0.022%). If the spread goes back, that is −$10 on $10k: about 2.9 days of funding at the current rate (+$3 a day). The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo LTC-PERP	62.069	0.0104	pay 0.0013% / 1h	42m 24s	$474K	$499	3x
Short	BloFin LTC-USDT	62.020	0.0220	get 0.0220% / 8h	1h 42m	$4.8M	$11.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.079%Rate

Funding earned: $24.36
Price spread: −0.079% → +0.022%: −$10.08
Slippage, 4 orders: −$76.91
Fee Aevo: 8 bp × 2 orders: −$16
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$90.64
Costs to cover: 1.049%
Break-even: 33.0 days

Slippage from Aevo: live order book, 42 min ago; BloFin: live order book, 6 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, 42 min ago	28.85 bp	41.1 bp −$41	217.3 bp −$2,173	doesn't fit	doesn't fit
Sell BloFin live order book, 6 min ago	2.43 bp	9.5 bp −$9	12.4 bp −$124	23.1 bp −$2,310	59.2 bp −$29.6K

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
Variational Omni LTC	−0.0072%	8h	61.779	−0.467%	$3.6M	$4.0M	—	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0052% / S +0.0265%	1h	62.064	−0.008%	$113K	—	200x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	62.000	−0.111%	$331K	$4.1M	4x	as long as short
Polymarket Perps LTC-USD	+0.0001%	1h	62.024	−0.073%	$82K	$374K	10x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	62.070	+0.001%	$31K	—	150x	as long as short
Gate LTC_USDT	+0.0008%	8h	62.060	−0.015%	$12.9M	$21.0M	75x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.380%	$5K	$22K	12x	as long as short
Backpack LTC_USDC_PERP	+0.0068%	1h	61.961	−0.174%	$159K	$265K	10x	as long as short
Kraken Futures PF_LTCUSD	+0.0087%	1h	62.104	+0.057%	$6.9M	$5.7M	50x	as long as short
Lighter LTC	+0.0096%	1h	62.092	+0.037%	$1.3M	$1.2M	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_LTC_USDC	+0.0099%	8h	62.060	−0.015%	$12K	$212K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	62.011	−0.094%	$16K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	62.045	−0.039%	$255K	$328K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	62.120	+0.082%	$38.1M	$23.1M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	62.070	+0.001%	$2.6M	$2.2M	75x	as long as short
Pacifica LTC	+0.0100%	1h	62.030	−0.063%	$543K	$84K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	62.058	−0.018%	$96.1M	$222.0M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	62.040	−0.047%	$78.6M	$59.6M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	62.050	−0.031%	$27.6M	$75.0M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	62.060	−0.015%	$62.6M	$34.5M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	62.050	−0.031%	$19.0M	$12.3M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	62.060	−0.015%	$32.2M	$21.8M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	62.060	−0.015%	—	$6.5M	—	as long as short
edgeX LTCUSDC	+0.0100%	4h	61.891	−0.287%	$42K	$348K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.901	−0.270%	$344K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.920	−0.240%	$103K	$711K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	62.140	+0.114%	$17K	$4.2M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	62.060	−0.015%	$639	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	61.930	−0.224%	$1.9M	$4.8M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.990	−0.127%	$22.2M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	62.049	−0.032%	$691K	$1.1M	25x	as long as short
Aevo LTC-PERPlong	+0.0104%	1h	62.069	long leg	$474K	$499	3x
BloFin LTC-USDTshort	+0.0220%	8h	62.020	−0.079%	$4.8M	$11.7M	50x
Deribit LTC_USDC-PERPETUAL	+0.0330%	1h	62.101	+0.051%	$695K	$1.0M	50x	as long as short
Reya LTCRUSDPERP	+0.0334%	1h	62.056	−0.022%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0760%	1h	62.120	+0.082%	$1.2M	$2.2M	50x	as long as short
dYdX LTC-USD	+0.0907%	1h	62.022	−0.076%	$436K	$8K	10x	as long as short