Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Phemex against Binance+0.016%7-day average +0.034% · you sell dearer than you buy

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$370.370% of the position

Long on Binance Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days+0.051%+$5 on $10k

Price spread, last 3 days (all we have)+0.019%+$2 · spread now +0.016%, 7d avg +0.034%

Together, before fees+0.070%+$7 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance LTCUSDT	62.220	0.0100	pay 0.0100% / 8h	7h 15m	$95.9M	$220.8M	75x
Short	Phemex LTCUSDT	62.230	0.0100	get 0.0100% / 8h	7h 15m	$22.2M	$9.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex 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 PhemexbpOrdersPrice spread, now +0.016%Rate

Funding earned: $0
Price spread: +0.016% → +0.034%: −$1.83
Slippage, 4 orders: −$15.02
Fee Binance: 5 bp × 2 orders: −$10
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$38.85
Costs to cover: 0.370%
Break-even: never at this rate

Slippage from Binance: live order book, 13 min ago; Phemex: live order book, 3 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, 13 min ago	0.80 bp	7.0 bp −$7	10.7 bp −$107	29.5 bp −$2,952	139.2 bp −$69.6K
Sell Phemex live order book, 3 min ago	3.22 bp	11.6 bp −$12	20.4 bp −$204	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
Polymarket Perps LTC-USD	−0.0282%	1h	62.117	−0.166%	$86K	$370K	10x	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0202% / S +0.0363%	1h	62.201	−0.030%	$123K	—	200x	as long as short
Variational Omni LTC	−0.0041%	8h	62.145	−0.120%	$3.7M	$2.6M	—	as long as short
Kalshi KXLTCPERP	0.0000%	8h	62.207	−0.021%	$316K	$4.1M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	62.197	−0.036%	$31K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.609%	$5K	$22K	12x	as long as short
Lighter LTC	+0.0096%	1h	62.289	+0.111%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0100%	8h	62.190	−0.048%	$12K	$212K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	62.170	−0.081%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	62.140	−0.129%	$266K	$314K	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster LTCUSDT	+0.0100%	8h	62.244	+0.039%	$2.7M	$2.3M	75x	as long as short
Pacifica LTC	+0.0100%	1h	62.170	−0.081%	$543K	$87K	10x	as long as short
Binance LTCUSDTlong	+0.0100%	8h	62.220	long leg	$95.9M	$220.8M	75x
Bybit LTCUSDT	+0.0100%	8h	62.210	−0.016%	$78.9M	$57.5M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	62.210	−0.016%	$27.7M	$75.0M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	62.220	0.000%	$13.0M	$20.9M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	62.200	−0.032%	$62.3M	$34.3M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	62.240	+0.032%	$19.2M	$12.6M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	62.220	0.000%	$32.3M	$21.8M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	62.220	0.000%	—	$37.7M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	62.210	−0.016%	$159K	$264K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	62.133	−0.140%	$42K	$357K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	62.140	−0.129%	$352K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	62.130	−0.145%	$119K	$706K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	62.290	+0.113%	$17K	$4.0M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	62.210	−0.016%	$641	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	62.190	−0.048%	$2.0M	$4.7M	75x	as long as short
Phemex LTCUSDTshort	+0.0100%	8h	62.230	+0.016%	$22.2M	$9.0M	50x
Extended LTC-USD	+0.0104%	1h	62.216	−0.006%	$690K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	62.190	−0.049%	$475K	—	3x	as long as short
Hyperliquid LTC	+0.0144%	1h	62.293	+0.117%	$38.0M	$23.8M	10x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0152%	1h	62.253	+0.053%	$714K	$1.1M	50x	as long as short
Kraken Futures PF_LTCUSD	+0.0210%	1h	62.242	+0.036%	$6.9M	$5.8M	50x	as long as short
BloFin LTC-USDT	+0.0220%	8h	62.120	−0.161%	$4.9M	$12.0M	50x	as long as short
Reya LTCRUSDPERP	+0.0335%	1h	62.156	−0.103%	$8K	—	25x	as long as short
dYdX LTC-USD	+0.0617%	1h	62.140	−0.128%	$437K	$8K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0840%	1h	62.230	+0.016%	$1.2M	$2.2M	50x	as long as short