Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0131%/8h= +14.3% APRpaid last 24h +0.007%

Price spread now: Kraken Futures against Bitget+0.032%7-day average +0.041% · you sell dearer than you buy

Net, funding: paid 7d − costs−$34as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$380.379% of the position

Long on Bitget Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.041%+$4 on $10k

Price spread, last 4 days (all we have)+0.032%+$3 · spread now +0.032%, 7d avg +0.041%

Together, before fees+0.073%+$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.041%, so right now this pair is about funding alone: +$4 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	60.850	0.0100	pay 0.0100% / 8h	3h 12m	$31.2M	$23.0M	75x
Short	Kraken Futures PF_LTCUSD	60.869	0.0231	get 0.0029% / 1h	12m 43s	$6.7M	$6.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.032%Rate

Funding earned: $27.44
Price spread: +0.032% → +0.041%: −$0.95
Slippage, 4 orders: −$15.9
Fee Bitget: 6 bp × 2 orders: −$12
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$11.41
Costs to cover: 0.379%
Break-even: 9.9 days

Slippage from Bitget: live order book, 1 min ago; Kraken Futures: live order book, 1 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, 1 min ago	0.82 bp	8.5 bp −$9	13.9 bp −$139	41.1 bp −$4,114	doesn't fit
Sell Kraken Futures live order book, 1 min ago	0.82 bp	13.9 bp −$14	24.3 bp −$243	65.0 bp −$6,499	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	60.874	+0.039%	$102K	—	200x	as long as short
Polymarket Perps LTC-USD	−0.0229%	1h	60.838	−0.020%	$93K	$612K	10x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.895	+0.074%	$338K	$4.3M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	60.896	+0.076%	$688K	$1.1M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	60.873	+0.039%	$30K	—	150x	as long as short
Variational Omni LTC	+0.0023%	8h	60.834	−0.026%	$3.6M	$2.6M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.484%	$5K	$22K	12x	as long as short
Lighter LTC	+0.0096%	1h	60.868	+0.030%	$936K	$1.6M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.880	+0.049%	$13K	$143K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.874	+0.039%	$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	60.865	+0.025%	$265K	$334K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	60.933	+0.136%	$38.2M	$26.1M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.860	+0.016%	$2.6M	$2.5M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.891	+0.067%	$532K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.840	−0.016%	$89.7M	$232.6M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.850	0.000%	$77.3M	$61.9M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.830	−0.033%	$26.9M	$76.6M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.850	0.000%	$12.9M	$22.1M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.840	−0.016%	$57.9M	$35.5M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.890	+0.066%	$18.1M	$13.1M	75x	as long as short
Bitget LTCUSDTlong	+0.0100%	8h	60.850	long leg	$31.2M	$23.0M	75x
BingX LTC-USDT	+0.0100%	8h	60.850	0.000%	—	$38.4M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.860	+0.016%	$146K	$276K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.858	+0.014%	$41K	$376K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.856	+0.010%	$336K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.950	+0.164%	$107K	$716K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	60.940	+0.148%	$17K	$3.9M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.860	+0.016%	$163	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.840	−0.016%	$2.0M	$5.0M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.880	+0.049%	$21.5M	$8.9M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.822	−0.045%	$675K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.870	+0.033%	$465K	—	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.880	+0.049%	$4.7M	$12.3M	50x	as long as short
dYdX LTC-USD	+0.0229%	1h	60.889	+0.064%	$428K	$7K	10x	as long as short
Kraken Futures PF_LTCUSDshort	+0.0231%	1h	60.869	+0.032%	$6.7M	$6.4M	50x
Reya LTCRUSDPERP	+0.0337%	1h	60.846	−0.007%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0792%	1h	61.010	+0.263%	$1.1M	$2.4M	50x	as long as short