Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0409%/8h= +44.8% APRpaid last 24h +0.173%

Price spread now: dYdX against BingX−0.052%7-day average +0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs+$13as in the Funding arb table

Net, price: spread back to 7d avg − costs−$76as in the Price arb table

costs, in and out, $10k−$690.689% of the position

Long on BingX Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.816%+$82 on $10k

Price spread, last 4 days (all we have)+0.154%+$15 · spread now −0.052%, 7d avg +0.016%

Together, before fees+0.970%+$97 on $10k · with fees, hour by hour

Funding pays, the price is against you. dYdX is 0.068% cheaper against BingX than usual: you would sell low and buy high (spread −0.052% now, against its 7-day average of +0.016%). If the spread goes back, that is −$7 on $10k: about 13 hours of funding at the current rate (+$12 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX LTC-USDT	62.280	0.0100	pay 0.0100% / 8h	2h 28m	—	$37.4M	—
Short	dYdX LTC-USD	62.248	0.0509	get 0.0064% / 1h	28m 06s	$438K	$8K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now −0.052%Rate

Funding earned: $85.98
Price spread: −0.052% → +0.016%: −$6.82
Slippage, 4 orders: −$48.93
Fee BingX: 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: $10.22
Costs to cover: 0.689%
Break-even: 6.2 days

Slippage from BingX: live order book, 6 min ago; dYdX: live order book, 61 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, 6 min ago	0.81 bp	5.8 bp −$6	6.2 bp −$62	11.1 bp −$1,106	26.5 bp −$13.3K
Sell dYdX live order book, 61 min ago	23.02 bp	28.0 bp −$28	149.9 bp −$1,499	210.1 bp −$21.0K	537.0 bp −$268.5K

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	−0.0311%	1h	62.196	−0.135%	$79K	$371K	10x	as long as short
Variational Omni LTC	−0.0084%	8h	62.212	−0.109%	$3.6M	$4.1M	—	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0027% / S +0.0258%	1h	62.225	−0.088%	$129K	—	200x	as long as short
Gate LTC_USDT	−0.0026%	8h	62.230	−0.080%	$12.8M	$20.9M	75x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	62.260	−0.032%	$347K	$4.0M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	62.262	−0.029%	$697K	$1.0M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	62.234	−0.074%	$31K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.700%	$5K	$22K	12x	as long as short
Backpack LTC_USDC_PERP	+0.0039%	1h	62.244	−0.058%	$162K	$268K	10x	as long as short
Bybit LTCUSDT	+0.0068%	8h	62.280	0.000%	$78.9M	$59.7M	75x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter LTC	+0.0096%	1h	62.324	+0.071%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	62.240	−0.064%	$12K	$212K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	62.237	−0.070%	$16K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	62.230	−0.080%	$254K	$325K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	62.339	+0.095%	$38.2M	$23.1M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	62.250	−0.048%	$2.6M	$2.1M	75x	as long as short
Pacifica LTC	+0.0100%	1h	62.246	−0.055%	$545K	$84K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	62.290	+0.016%	$96.3M	$221.4M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	62.290	+0.016%	$27.7M	$75.0M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	62.240	−0.064%	$61.6M	$35.2M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	62.250	−0.048%	$18.7M	$12.1M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	62.270	−0.016%	$32.1M	$21.7M	75x	as long as short
BingX LTC-USDTlong	+0.0100%	8h	62.280	long leg	—	$37.4M	—
edgeX LTCUSDC	+0.0100%	4h	62.193	−0.140%	$42K	$347K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	62.219	−0.097%	$344K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	62.260	−0.032%	$104K	$712K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	62.330	+0.080%	$18K	$4.2M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	62.210	−0.112%	$641	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	62.230	−0.080%	$1.9M	$4.9M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	62.250	−0.048%	$22.3M	$9.1M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	62.198	−0.131%	$694K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	62.233	−0.075%	$475K	$499	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	62.220	−0.096%	$4.8M	$11.8M	50x	as long as short
Kraken Futures PF_LTCUSD	+0.0227%	1h	62.252	−0.044%	$6.9M	$5.8M	50x	as long as short
Reya LTCRUSDPERP	+0.0334%	1h	62.203	−0.123%	$8K	$199	25x	as long as short
dYdX LTC-USDshort	+0.0509%	1h	62.248	−0.052%	$438K	$8K	10x
Coinbase International LTC-PERP-INTX	+0.0712%	1h	62.350	+0.112%	$1.2M	$2.1M	50x	as long as short