Funding arb · Price arb /

LTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.006%

Price spread now: Lighter against Aster+0.032%7-day average −0.023% · you sell dearer than you buy

Net, funding: paid 7d − costs−$31as in the Funding arb table

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$280.285% of the position

Long on Aster Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days−0.027%−$3 on $10k

Price spread, last 4 days (all we have)−0.107%−$11 · spread now +0.032%, 7d avg −0.023%

Together, before fees−0.135%+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm board−$13 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.055% dearer against Aster than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.023%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster LTCUSDT	62.210	0.0100	pay 0.0100% / 8h	7h 19m	$2.7M	$2.3M	75x
Short	Lighter LTC	62.230	0.0096	get 0.0012% / 1h	19m 58s	$1.3M	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Aster. 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 AsterbpFee LighterbpOrdersPrice spread, now +0.032%Rate

Funding earned: −$0.84
Price spread: +0.032% → −0.023%: $5.48
Slippage, 4 orders: −$20.47
Fee Aster: 4 bp × 2 orders: −$8
Fee Lighter: 0 bp × 2 orders: $0
Net: −$23.84
Costs to cover: 0.285%
Break-even: never at this rate

Slippage from Aster: live order book, 3 min ago; Lighter: live order book, 1 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 Aster live order book, 3 min ago	1.61 bp	11.7 bp −$12	28.2 bp −$282	doesn't fit	doesn't fit
Sell Lighter live order book, 1 min ago	2.65 bp	5.5 bp −$6	12.2 bp −$122	118.9 bp −$11.9K	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
Polymarket Perps LTC-USD	−0.0277%	1h	62.080	−0.209%	$86K	$370K	10x	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0199% / S +0.0361%	1h	62.167	−0.069%	$123K	—	200x	as long as short
Variational Omni LTC	−0.0042%	8h	62.135	−0.121%	$3.7M	$2.6M	—	as long as short
Kalshi KXLTCPERP	0.0000%	8h	62.176	−0.055%	$316K	$4.1M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	62.167	−0.069%	$31K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.594%	$5K	$22K	12x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0056%	1h	62.198	−0.019%	$713K	$1.1M	50x	as long as short
Lighter LTCshort	+0.0096%	1h	62.230	+0.032%	$1.3M	$1.2M	10x
Orderly PERP_LTC_USDC	+0.0100%	8h	62.170	−0.064%	$12K	$212K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	62.103	−0.172%	$14K	$10K	20x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado LTC-PERP	+0.0100%	1h	62.115	−0.153%	$266K	$314K	10x	as long as short
Aster LTCUSDTlong	+0.0100%	8h	62.210	long leg	$2.7M	$2.3M	75x
Pacifica LTC	+0.0100%	1h	62.146	−0.103%	$543K	$87K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	62.136	−0.119%	$95.8M	$221.0M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	62.140	−0.113%	$78.9M	$57.5M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	62.130	−0.129%	$27.7M	$75.0M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	62.140	−0.113%	$13.0M	$20.8M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	62.150	−0.096%	$62.2M	$34.3M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	62.160	−0.080%	$19.1M	$12.6M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	62.170	−0.064%	$32.3M	$21.8M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	62.130	−0.129%	—	$37.7M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	62.129	−0.130%	$159K	$264K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	62.194	−0.026%	$42K	$357K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	62.281	+0.113%	$353K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	62.240	+0.048%	$119K	$706K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	62.240	+0.048%	$18K	$4.1M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	62.160	−0.080%	$640	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	62.140	−0.113%	$2.0M	$4.7M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	62.180	−0.048%	$22.2M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	62.116	−0.151%	$690K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	62.147	−0.101%	$475K	—	3x	as long as short
Hyperliquid LTC	+0.0133%	1h	62.212	+0.003%	$38.0M	$23.8M	10x	as long as short
Kraken Futures PF_LTCUSD	+0.0210%	1h	62.202	−0.012%	$6.9M	$5.8M	50x	as long as short
BloFin LTC-USDT	+0.0220%	8h	62.110	−0.161%	$4.8M	$12.0M	50x	as long as short
Reya LTCRUSDPERP	+0.0335%	1h	62.111	−0.159%	$8K	—	25x	as long as short
dYdX LTC-USD	+0.0641%	1h	62.129	−0.130%	$437K	$8K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0840%	1h	62.380	+0.273%	$1.2M	$2.2M	50x	as long as short