Funding arb · Price arb /

LTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0027%/8h= −3.0% APRpaid last 24h +0.008%

Price spread now: Deribit against Bitget+0.044%7-day average +0.061% · 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−$38as in the Price arb table

costs, in and out, $10k−$360.360% of the position

Long on Bitget Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.142%−$14 on $10k

Price spread, last 3 days (all we have)+0.034%+$3 · spread now +0.044%, 7d avg +0.061%

Together, before fees−0.108%−$11 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.061%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget LTCUSDT	61.890	0.0100	pay 0.0100% / 8h	35m 07s	$32.1M	$22.1M	75x
Short	Deribit LTC_USDC-PERPETUAL	61.917	0.0073	get 0.0009% / 1h	35m 07s	$699K	$1.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now +0.044%Rate

Funding earned: −$5.67
Price spread: +0.044% → +0.061%: −$1.77
Slippage, 4 orders: −$17.03
Fee Bitget: 6 bp × 2 orders: −$12
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$43.48
Costs to cover: 0.360%
Break-even: never at this rate

Slippage from Bitget: live order book, 4 min ago; Deribit: 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 Bitget live order book, 4 min ago	0.81 bp	9.0 bp −$9	12.9 bp −$129	28.0 bp −$2,805	doesn't fit
Sell Deribit live order book, 4 min ago	2.42 bp	7.5 bp −$8	12.6 bp −$126	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 −0.0106% / S +0.0295%	1h	61.893	+0.005%	$113K	—	200x	as long as short
Variational Omni LTC	−0.0043%	8h	61.908	+0.029%	$3.6M	$4.0M	—	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.939	+0.079%	$315K	$4.2M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	61.901	+0.017%	$31K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.106%	$5K	$22K	12x	as long as short
Deribit LTC_USDC-PERPETUALshort	+0.0073%	1h	61.917	+0.044%	$699K	$1.1M	50x
Gate LTC_USDT	+0.0090%	8h	61.890	0.000%	$13.0M	$21.3M	75x	as long as short
Polymarket Perps LTC-USD	+0.0092%	1h	61.871	−0.031%	$85K	$378K	10x	as long as short
Orderly PERP_LTC_USDC	+0.0100%	8h	61.890	0.000%	$12K	$213K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	61.903	+0.022%	$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	61.910	+0.032%	$264K	$323K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	61.954	+0.103%	$37.5M	$23.8M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	61.969	+0.127%	$2.6M	$2.3M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.920	+0.048%	$541K	$87K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.898	+0.012%	$95.9M	$223.1M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	61.870	−0.032%	$78.5M	$59.6M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.870	−0.032%	$27.6M	$75.4M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.880	−0.016%	$60.9M	$34.0M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.890	0.000%	$19.1M	$12.6M	75x	as long as short
Bitget LTCUSDTlong	+0.0100%	8h	61.890	long leg	$32.1M	$22.1M	75x
BingX LTC-USDC	+0.0100%	8h	61.880	−0.016%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	61.870	−0.032%	$159K	$266K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	61.967	+0.125%	$42K	$356K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.940	+0.081%	$350K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.980	+0.145%	$118K	$713K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.960	+0.113%	$17K	$4.2M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.890	0.000%	$637	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	61.870	−0.032%	$1.9M	$4.8M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.910	+0.032%	$22.1M	$9.1M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	61.860	−0.048%	$688K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.885	−0.008%	$473K	$499	3x	as long as short
Lighter LTC	+0.0160%	1h	61.976	+0.139%	$1.3M	$1.2M	10x	as long as short
BloFin LTC-USDT	+0.0220%	8h	61.920	+0.048%	$4.9M	$11.8M	50x	as long as short
Reya LTCRUSDPERP	+0.0335%	1h	61.863	−0.043%	$8K	—	25x	as long as short
Kraken Futures PF_LTCUSD	+0.0433%	1h	61.925	+0.056%	$6.8M	$5.8M	50x	as long as short
dYdX LTC-USD	+0.0839%	1h	61.922	+0.052%	$435K	$8K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0848%	1h	62.220	+0.533%	$1.2M	$2.3M	50x	as long as short