LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.007%

Price spread now: Aevo against Backpack−0.013%7-day average +0.022% · you buy dearer than you sell

Net, funding: paid 7d − costs−$84as in the Funding arb table

Net, price: spread back to 7d avg − costs−$96as in the Price arb table

costs, in and out, $10k−$920.921% of the position

Long on Backpack Short on Aevo

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)+0.074%+$7 · spread now −0.013%, 7d avg +0.022%

Together, before fees+0.151%+$15 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: Aevo is 0.035% cheaper against Backpack than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.022%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack LTC_USDC_PERP	60.480	0.0100	pay 0.0013% / 1h	55m 27s	$152K	$278K	10x
Short	Aevo LTC-PERP	60.472	0.0104	get 0.0013% / 1h	55m 27s	$462K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Backpack. 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 BackpackbpFee AevobpOrdersPrice spread, now −0.013%Rate

Funding earned: $0.84
Price spread: −0.013% → +0.022%: −$3.5
Slippage, 4 orders: −$66.13
Fee Backpack: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$94.79
Costs to cover: 0.921%
Break-even: 796.9 days

Slippage from Backpack: live order book, 3 min ago; Aevo: live order book, 4 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 Backpack live order book, 3 min ago	0.08 bp	6.9 bp −$7	doesn't fit	doesn't fit	doesn't fit
Sell Aevo live order book, 4 min ago	23.15 bp	37.4 bp −$37	196.4 bp −$1,964	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 −0.0298% / S +0.0415%	1h	60.407	−0.120%	$110K	—	200x	as long as short
Polymarket Perps LTC-USD	−0.0249%	1h	60.358	−0.202%	$79K	$397K	10x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.482	+0.003%	$340K	$4.4M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	60.417	−0.104%	$30K	—	150x	as long as short
Variational Omni LTC	+0.0014%	8h	60.475	−0.008%	$3.5M	$2.6M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−2.894%	$5K	$22K	12x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0064%	1h	60.520	+0.066%	$686K	$1.1M	50x	as long as short
Lighter LTC	+0.0096%	1h	60.458	−0.036%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.480	0.000%	$13K	$190K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.387	−0.154%	$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	60.420	−0.099%	$265K	$333K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	60.455	−0.042%	$36.7M	$24.8M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.450	−0.050%	$2.6M	$2.5M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.420	−0.099%	$528K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.410	−0.116%	$89.8M	$228.2M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.410	−0.116%	$76.4M	$59.9M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.400	−0.132%	$26.7M	$74.6M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.400	−0.132%	$12.4M	$21.6M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.400	−0.132%	$56.3M	$35.1M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.420	−0.099%	$18.2M	$12.8M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.410	−0.116%	$32.2M	$22.4M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	60.400	−0.132%	—	$38.2M	—	as long as short
Backpack LTC_USDC_PERPlong	+0.0100%	1h	60.480	long leg	$152K	$278K	10x
edgeX LTCUSDC	+0.0100%	4h	60.328	−0.252%	$41K	$373K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.425	−0.092%	$336K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.350	−0.215%	$101K	$715K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	60.560	+0.132%	$17K	$3.9M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.490	+0.017%	$162	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.440	−0.066%	$2.0M	$4.9M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.520	+0.066%	$21.5M	$8.9M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.392	−0.146%	$668K	$1.1M	25x	as long as short
Aevo LTC-PERPshort	+0.0104%	1h	60.472	−0.013%	$462K	—	3x
dYdX LTC-USD	+0.0114%	1h	60.410	−0.116%	$425K	$8K	10x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.420	−0.099%	$4.7M	$12.1M	50x	as long as short
Kraken Futures PF_LTCUSD	+0.0296%	1h	60.516	+0.060%	$6.7M	$6.2M	50x	as long as short
Reya LTCRUSDPERP	+0.0336%	1h	60.398	−0.136%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0848%	1h	60.430	−0.083%	$1.1M	$2.3M	50x	as long as short