Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0580%/8h= +63.5% APRpaid last 24h +0.173%

Price spread now: Coinbase International against BingX+0.214%7-day average +0.139% · you sell dearer than you buy

Net, funding: paid 7d − costs+$8as in the Funding arb table

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$370.374% of the position

Long on BingX Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.457%+$46 on $10k

Price spread, last 4 days (all we have)−0.116%−$12 · spread now +0.214%, 7d avg +0.139%

Together, before fees+0.341%+$34 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Coinbase International is 0.076% dearer against BingX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.139%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX LTC-USDT	60.690	0.0100	pay 0.0100% / 8h	14m 35s	—	$18.6M	—
Short	Coinbase International LTC-PERP-INTX	60.820	0.0680	get 0.0085% / 1h	14m 35s	$1.1M	$2.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against BingX. 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 BingXbpFee Coinbase InternationalbpOrdersPrice spread, now +0.214%Rate

Funding earned: $121.8
Price spread: +0.214% → +0.139%: $7.57
Slippage, 4 orders: −$17.39
Fee BingX: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $91.97
Costs to cover: 0.374%
Break-even: 1.7 days

Slippage from BingX: live order book, 4 min ago; Coinbase International: 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 BingX live order book, 4 min ago	0.82 bp	7.2 bp −$7	8.4 bp −$84	13.3 bp −$1,333	21.4 bp −$10.7K
Sell Coinbase International live order book, 4 min ago	4.93 bp	11.4 bp −$11	17.5 bp −$175	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	−0.0069%	1h	60.669	−0.035%	$82K	$732K	10x	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0027% / S +0.0157%	1h	60.681	−0.014%	$76K	—	200x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.705	+0.025%	$332K	$4.3M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0002%	1h	60.687	−0.006%	$25K	—	150x	as long as short
Variational Omni LTC	+0.0011%	8h	60.646	−0.073%	$3.6M	$2.7M	—	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0030%	1h	60.721	+0.051%	$686K	$1.1M	50x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.230%	$5K	$22K	12x	as long as short
Lighter LTC	+0.0096%	1h	60.725	+0.058%	$930K	$1.7M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.650	−0.066%	$13K	$106K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.704	+0.023%	$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	60.690	0.000%	$263K	$343K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	60.762	+0.119%	$38.2M	$26.4M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.750	+0.099%	$2.5M	$2.6M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.712	+0.037%	$531K	$82K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.707	+0.029%	$89.1M	$234.9M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.690	0.000%	$76.9M	$61.4M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.680	−0.016%	$26.9M	$76.6M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.680	−0.016%	$14.1M	$22.2M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.700	+0.016%	$56.4M	$36.4M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.710	+0.033%	$18.0M	$13.5M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.710	+0.033%	$31.2M	$22.8M	75x	as long as short
BingX LTC-USDTlong	+0.0100%	8h	60.690	long leg	—	$18.6M	—
Backpack LTC_USDC_PERP	+0.0100%	1h	60.677	−0.021%	$143K	$273K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.665	−0.041%	$41K	$377K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.739	+0.080%	$337K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.730	+0.066%	$107K	$713K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	60.750	+0.099%	$17K	$3.8M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.670	−0.033%	$163	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.640	−0.082%	$2.0M	$5.1M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.690	0.000%	$21.4M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.676	−0.023%	$680K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.670	−0.033%	$463K	—	3x	as long as short
Kraken Futures PF_LTCUSD	+0.0183%	1h	60.686	−0.006%	$6.6M	$6.6M	50x	as long as short
dYdX LTC-USD	+0.0195%	1h	60.690	0.000%	$427K	$6K	10x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.700	+0.016%	$4.2M	$12.5M	50x	as long as short
Reya LTCRUSDPERP	+0.0338%	1h	60.642	−0.079%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTXshort	+0.0680%	1h	60.820	+0.214%	$1.1M	$2.5M	50x