Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0612%/8h= +67.0% APRpaid last 24h +0.170%

Price spread now: Coinbase International against Bitget−0.016%47s7-day average +0.145% · you buy dearer than you sell

Net, funding: paid 7d − costs+$1as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$440.441% of the position

Long on Bitget Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.452%+$45 on $10k

Price spread, last 4 days (all we have)+0.124%+$12 · spread now −0.016%, 7d avg +0.145%

Together, before fees+0.577%+$58 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.161% cheaper against Bitget than usual: you would sell low and buy high (spread −0.016% now, against its 7-day average of +0.145%). If the spread goes back, that is −$16 on $10k: about 21 hours of funding at the current rate (+$18 a day). At the pace of the last 7 days (+0.452% in total) that is about 2.5 days. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget LTCUSDT	60.900	0.0100	pay 0.0100% / 8h	1h 08m	$31.3M	$22.9M	75x
Short	Coinbase International LTC-PERP-INTX	60.890	0.0712	get 0.0089% / 1h	8m 26s	$1.1M	$2.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Bitget. 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 BitgetbpFee Coinbase InternationalbpOrdersPrice spread, now −0.016%Rate

Funding earned: $128.52
Price spread: −0.016% → +0.145%: −$16.1
Slippage, 4 orders: −$22.13
Fee Bitget: 6 bp × 2 orders: −$12
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $68.3
Costs to cover: 0.441%
Break-even: 3.3 days

Slippage from Bitget: live order book, 5 min ago; Coinbase International: live order book, 5 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 Bitget live order book, 5 min ago	0.82 bp	7.7 bp −$8	12.5 bp −$125	22.8 bp −$2,282	doesn't fit
Sell Coinbase International live order book, 5 min ago	4.91 bp	11.9 bp −$12	16.8 bp −$168	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 −0.0038% / S +0.0169%	1h	60.961	+0.100%	$76K	—	200x	as long as short
Polymarket Perps LTC-USD	−0.0002%	1h	60.866	−0.056%	$82K	$740K	10x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.976	+0.125%	$339K	$4.4M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0002%	1h	60.972	+0.119%	$25K	—	150x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0013%	1h	60.953	+0.087%	$689K	$1.1M	50x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.563%	$5K	$22K	12x	as long as short
Variational Omni LTC	+0.0034%	8h	60.954	+0.088%	$3.6M	$2.6M	—	as long as short
Lighter LTC	+0.0096%	1h	60.893	−0.011%	$932K	$1.7M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.920	+0.033%	$13K	$117K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.846	−0.089%	$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	60.850	−0.082%	$266K	$340K	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.900	0.000%	$2.5M	$2.6M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.865	−0.057%	$532K	$82K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.840	−0.099%	$89.5M	$234.8M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.840	−0.099%	$77.1M	$61.6M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.840	−0.099%	$26.9M	$76.7M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.860	−0.066%	$13.7M	$22.2M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.850	−0.082%	$56.8M	$36.3M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.890	−0.016%	$18.3M	$13.4M	75x	as long as short
Bitget LTCUSDTlong	+0.0100%	8h	60.900	long leg	$31.3M	$22.9M	75x
BingX LTC-USDC	+0.0100%	8h	60.850	−0.082%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.897	−0.005%	$140K	$273K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.975	+0.124%	$41K	$375K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.987	+0.143%	$338K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.990	+0.148%	$107K	$712K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.020	+0.197%	$17K	$3.8M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.890	−0.016%	$163	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.920	+0.033%	$2.0M	$5.1M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.930	+0.049%	$21.5M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.823	−0.126%	$684K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.922	+0.037%	$465K	—	3x	as long as short
Kraken Futures PF_LTCUSD	+0.0131%	1h	60.921	+0.035%	$6.6M	$6.6M	50x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.900	0.000%	$4.2M	$12.6M	50x	as long as short
dYdX LTC-USD	+0.0309%	1h	60.888	−0.019%	$428K	$7K	10x	as long as short
Hyperliquid LTC	+0.0318%	1h	60.941	+0.067%	$38.4M	$26.6M	10x	as long as short
Reya LTCRUSDPERP	+0.0338%	1h	60.890	−0.016%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTXshort	+0.0712%	1h	60.890	−0.016%	$1.1M	$2.5M	50x