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 BingX+0.066%7-day average +0.052% · you sell dearer than you buy

Net, funding: paid 7d − costs−$50as in the Funding arb table

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$500.496% of the position

Long on BingX Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)+0.004%$0 · spread now +0.066%, 7d avg +0.052%

Together, before fees+0.004%$0 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX LTC-USDC	60.980	0.0100	pay 0.0100% / 8h	3h 32m	—	$6.5M	—
Short	Phemex LTCUSDT	61.020	0.0100	get 0.0100% / 8h	3h 32m	$21.6M	$8.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex 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 PhemexbpOrdersPrice spread, now +0.066%Rate

Funding earned: $0
Price spread: +0.066% → +0.052%: $1.35
Slippage, 4 orders: −$27.6
Fee BingX: 5 bp × 2 orders: −$10
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$48.25
Costs to cover: 0.496%
Break-even: never at this rate

Slippage from BingX: live order book, 4 min ago; Phemex: live order book, 2 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	1.64 bp	13.2 bp −$13	20.6 bp −$206	105.4 bp −$10.5K	507.5 bp −$253.7K
Sell Phemex live order book, 2 min ago	4.92 bp	13.3 bp −$13	23.0 bp −$230	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 −0.0254% / S +0.0399%	1h	60.988	+0.013%	$103K	—	200x	as long as short
Polymarket Perps LTC-USD	−0.0250%	1h	60.947	−0.054%	$93K	$612K	10x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.011	+0.051%	$347K	$4.3M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	60.992	+0.020%	$30K	—	150x	as long as short
Variational Omni LTC	+0.0027%	8h	61.034	+0.089%	$3.6M	$2.6M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.690%	$5K	$22K	12x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0078%	1h	61.017	+0.061%	$689K	$1.1M	50x	as long as short
Lighter LTC	+0.0096%	1h	61.011	+0.051%	$941K	$1.6M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.990	+0.016%	$13K	$147K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.973	−0.012%	$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	60.965	−0.025%	$268K	$332K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	61.047	+0.110%	$37.3M	$25.3M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.990	+0.016%	$2.6M	$2.6M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.990	+0.016%	$533K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.978	−0.003%	$90.0M	$232.3M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.970	−0.016%	$77.5M	$61.6M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.970	−0.016%	$26.9M	$76.3M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.990	+0.016%	$12.8M	$21.9M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.970	−0.016%	$58.0M	$35.4M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.980	0.000%	$18.2M	$13.1M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.970	−0.016%	$31.4M	$22.9M	75x	as long as short
BingX LTC-USDClong	+0.0100%	8h	60.980	long leg	—	$6.5M	—
Backpack LTC_USDC_PERP	+0.0100%	1h	60.985	+0.008%	$147K	$278K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	61.044	+0.105%	$41K	$375K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.049	+0.114%	$345K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.110	+0.213%	$107K	$717K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.050	+0.115%	$17K	$3.9M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.980	0.000%	$163	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.950	−0.049%	$2.0M	$5.0M	75x	as long as short
Phemex LTCUSDTshort	+0.0100%	8h	61.020	+0.066%	$21.6M	$8.9M	50x
Extended LTC-USD	+0.0104%	1h	60.957	−0.038%	$679K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.995	+0.025%	$466K	—	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	61.010	+0.049%	$4.7M	$12.3M	50x	as long as short
Kraken Futures PF_LTCUSD	+0.0230%	1h	61.001	+0.035%	$6.7M	$6.3M	50x	as long as short
dYdX LTC-USD	+0.0234%	1h	60.989	+0.015%	$429K	$7K	10x	as long as short
Reya LTCRUSDPERP	+0.0337%	1h	60.960	−0.033%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0792%	1h	61.110	+0.213%	$1.1M	$2.4M	50x	as long as short