Funding arb · Price arb /

LTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.005%

Price spread now: Paradex against Backpack−0.072%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Backpack Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.072% cheaper against Backpack than usual: you would sell low and buy high, −$7 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack LTC_USDC_PERP	61.484	0.0100	pay 0.0013% / 1h	31m 16s	$156K	$275K	10x
Short	Paradex LTC-USD-PERP	61.440	0.0100	get 0.0100% / 8h	6h 31m	$14K	$10K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now −0.072%Rate

Funding earned: −$0.04
Price spread: −0.072% → 0.000%: −$7.23
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$21.27
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Backpack: live order book, 37 min ago; Paradex: no order-book sample. Net counts fees only.

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, 37 min ago	0.08 bp	6.7 bp −$7	doesn't fit	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

LTC on 36 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	−0.0254%	1h	61.399	−0.138%	$79K	$382K	10x	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0219% / S +0.0358%	1h	61.449	−0.056%	$112K	—	200x	as long as short
Variational Omni LTC	−0.0034%	8h	61.425	−0.095%	$3.6M	$2.6M	—	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.478	−0.010%	$289K	$4.2M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0005%	1h	61.452	−0.052%	$20K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−4.479%	$5K	$22K	12x	as long as short
Kraken Futures PF_LTCUSD	+0.0049%	1h	61.445	−0.063%	$6.8M	$5.8M	50x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0075%	1h	61.476	−0.013%	$701K	$1.1M	50x	as long as short
Lighter LTC	+0.0096%	1h	61.490	+0.010%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0100%	8h	61.460	−0.039%	$13K	$214K	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex LTC-USD-PERPshort	+0.0100%	8h	61.440	−0.072%	$14K	$10K	20x
Nado LTC-PERP	+0.0100%	1h	61.440	−0.072%	$274K	$313K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	61.506	+0.036%	$37.3M	$23.9M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	61.545	+0.100%	$2.6M	$2.3M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.454	−0.048%	$537K	$85K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.413	−0.116%	$93.5M	$220.5M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	61.400	−0.137%	$78.2M	$57.7M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.410	−0.120%	$27.2M	$74.5M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	61.450	−0.055%	$12.9M	$20.7M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.470	−0.023%	$60.1M	$34.4M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.480	−0.007%	$18.5M	$13.0M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.430	−0.088%	$31.5M	$21.3M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	61.440	−0.072%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERPlong	+0.0100%	1h	61.484	long leg	$156K	$275K	10x
edgeX LTCUSDC	+0.0100%	4h	61.349	−0.220%	$41K	$374K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.360	−0.202%	$339K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.370	−0.185%	$103K	$715K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.570	+0.140%	$17K	$3.9M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.410	−0.120%	$165	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	61.390	−0.153%	$1.9M	$4.8M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.430	−0.088%	$21.9M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	61.404	−0.130%	$679K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.435	−0.080%	$469K	—	3x	as long as short
dYdX LTC-USD	+0.0256%	1h	61.478	−0.010%	$432K	$8K	10x	as long as short
Reya LTCRUSDPERP	+0.0336%	1h	61.451	−0.053%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0808%	1h	61.610	+0.205%	$1.2M	$2.2M	50x	as long as short