Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: Extended against Binance−0.074%7-day average −0.061% · you buy dearer than you sell

Net, funding: paid 7d − costs−$25as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$300.300% of the position

Long on Binance Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.047%+$5 on $10k

Price spread, last 4 days (all we have)+0.009%+$1 · spread now −0.074%, 7d avg −0.061%

Together, before fees+0.056%+ Points / potential airdropExtended: Active · farm board+$6 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance LTCUSDT	61.960	0.0100	pay 0.0100% / 8h	32m 04s	$96.0M	$223.0M	75x
Short	Extended LTC-USD	61.914	0.0104	get 0.0013% / 1h	32m 04s	$688K	$1.1M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Binance. 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 BinancebpFee ExtendedbpOrdersPrice spread, now −0.074%Rate

Funding earned: $0.84
Price spread: −0.074% → −0.061%: −$1.28
Slippage, 4 orders: −$14.96
Fee Binance: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$30.41
Costs to cover: 0.300%
Break-even: 260.4 days

Slippage from Binance: live order book, 11 min ago; Extended: 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 Binance live order book, 11 min ago	0.81 bp	7.2 bp −$7	11.4 bp −$114	28.5 bp −$2,850	140.5 bp −$70.2K
Sell Extended live order book, 1 min ago	1.61 bp	5.6 bp −$6	9.9 bp −$99	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 −0.0108% / S +0.0296%	1h	61.970	+0.016%	$113K	—	200x	as long as short
Variational Omni LTC	−0.0043%	8h	61.908	−0.084%	$3.6M	$4.0M	—	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.987	+0.044%	$314K	$4.2M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	61.979	+0.031%	$31K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.213%	$5K	$22K	12x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0057%	1h	62.000	+0.065%	$700K	$1.1M	50x	as long as short
Polymarket Perps LTC-USD	+0.0076%	1h	61.921	−0.063%	$85K	$378K	10x	as long as short
Gate LTC_USDT	+0.0093%	8h	61.950	−0.016%	$13.0M	$21.3M	75x	as long as short
Orderly PERP_LTC_USDC	+0.0100%	8h	61.960	0.000%	$12K	$213K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	61.948	−0.019%	$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	61.945	−0.024%	$264K	$323K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	62.013	+0.086%	$37.6M	$23.8M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	62.040	+0.129%	$2.6M	$2.3M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.956	−0.007%	$542K	$87K	10x	as long as short
Binance LTCUSDTlong	+0.0100%	8h	61.960	long leg	$96.0M	$223.0M	75x
Bybit LTCUSDT	+0.0100%	8h	61.940	−0.032%	$78.5M	$59.6M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.940	−0.032%	$27.6M	$75.4M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.960	0.000%	$61.8M	$34.1M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.960	0.000%	$19.1M	$12.6M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.970	+0.016%	$32.2M	$22.1M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	61.950	−0.016%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	61.942	−0.029%	$159K	$266K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	61.967	+0.012%	$42K	$356K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.940	−0.032%	$350K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.910	−0.081%	$118K	$713K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	62.040	+0.129%	$17K	$4.1M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.950	−0.016%	$638	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	61.940	−0.032%	$1.9M	$4.9M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.970	+0.016%	$22.2M	$9.1M	50x	as long as short
Extended LTC-USDshort	+0.0104%	1h	61.914	−0.074%	$688K	$1.1M	25x
Aevo LTC-PERP	+0.0104%	1h	61.955	−0.008%	$473K	$499	3x	as long as short
Lighter LTC	+0.0160%	1h	62.033	+0.118%	$1.3M	$1.2M	10x	as long as short
BloFin LTC-USDT	+0.0220%	8h	61.960	0.000%	$4.9M	$11.8M	50x	as long as short
Reya LTCRUSDPERP	+0.0335%	1h	61.943	−0.027%	$8K	—	25x	as long as short
Kraken Futures PF_LTCUSD	+0.0433%	1h	61.983	+0.037%	$6.8M	$5.8M	50x	as long as short
dYdX LTC-USD	+0.0809%	1h	61.972	+0.019%	$436K	$8K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0848%	1h	62.220	+0.420%	$1.2M	$2.3M	50x	as long as short