Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h −0.028%

Price spread now: Deribit against BloFin+0.106%7-day average +0.016% · you sell dearer than you buy

Net, funding: paid 7d − costs−$70as in the Funding arb table

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$370.369% of the position

Long on BloFin Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.330%−$33 on $10k

Price spread, last 3 days (all we have)−0.129%−$13 · spread now +0.106%, 7d avg +0.016%

Together, before fees−0.459%−$46 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Deribit is 0.091% dearer against BloFin than usual: you sell high and buy low (spread +0.106% now, against its 7-day average of +0.016%): +$9 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 33 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin LTC-USDT	62.020	0.0220	pay 0.0220% / 8h	7h 40m	$4.8M	$11.7M	50x
Short	Deribit LTC_USDC-PERPETUAL	62.086	0	get 0.0000% / 1h	40m 42s	$711K	$1.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against BloFin. 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 BloFinbpFee DeribitbpOrdersPrice spread, now +0.106%Rate

Funding earned: −$46.2
Price spread: +0.106% → +0.016%: $9.07
Slippage, 4 orders: −$17.89
Fee BloFin: 6 bp × 2 orders: −$12
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$74.03
Costs to cover: 0.369%
Break-even: never at this rate

Slippage from BloFin: live order book, 3 min ago; Deribit: live order book, 3 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 BloFin live order book, 3 min ago	2.42 bp	11.6 bp −$12	13.4 bp −$134	19.8 bp −$1,985	80.7 bp −$40.4K
Sell Deribit live order book, 3 min ago	3.22 bp	8.3 bp −$8	68.7 bp −$687	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
Polymarket Perps LTC-USD	−0.0276%	1h	62.008	−0.019%	$86K	$370K	10x	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0177% / S +0.0350%	1h	62.054	+0.054%	$122K	—	200x	as long as short
Variational Omni LTC	−0.0048%	8h	62.105	+0.138%	$3.6M	$4.0M	—	as long as short
Kalshi KXLTCPERP	0.0000%	8h	62.123	+0.166%	$316K	$4.1M	4x	as long as short
Deribit LTC_USDC-PERPETUALshort	0.0000%	1h	62.086	+0.106%	$711K	$1.1M	50x
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	62.069	+0.079%	$31K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.305%	$5K	$22K	12x	as long as short
Bybit LTCUSDT	+0.0061%	8h	62.010	−0.016%	$78.7M	$59.2M	75x	as long as short
Lighter LTC	+0.0096%	1h	62.091	+0.114%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0100%	8h	62.040	+0.032%	$12K	$213K	20x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex LTC-USD-PERP	+0.0100%	8h	62.027	+0.011%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	62.055	+0.056%	$266K	$320K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	62.070	+0.080%	$37.7M	$23.8M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	62.088	+0.110%	$2.7M	$2.3M	75x	as long as short
Pacifica LTC	+0.0100%	1h	62.006	−0.023%	$542K	$87K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	62.010	−0.016%	$95.5M	$222.7M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	62.040	+0.032%	$27.7M	$75.4M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	62.020	0.000%	$13.0M	$20.8M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	62.000	−0.032%	$61.7M	$34.2M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	62.050	+0.048%	$19.2M	$12.7M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	62.040	+0.032%	$32.2M	$21.9M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	62.040	+0.032%	—	$37.7M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	62.001	−0.031%	$158K	$264K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	62.084	+0.104%	$42K	$356K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	62.130	+0.178%	$352K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	62.080	+0.097%	$118K	$708K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	62.120	+0.161%	$17K	$4.1M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	62.050	+0.048%	$639	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	62.020	0.000%	$2.0M	$4.8M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	62.060	+0.064%	$22.2M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	61.992	−0.045%	$693K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	62.035	+0.024%	$474K	—	3x	as long as short
Kraken Futures PF_LTCUSD	+0.0211%	1h	62.088	+0.110%	$6.9M	$5.8M	50x	as long as short
BloFin LTC-USDTlong	+0.0220%	8h	62.020	long leg	$4.8M	$11.7M	50x
Reya LTCRUSDPERP	+0.0335%	1h	62.046	+0.042%	$8K	—	25x	as long as short
dYdX LTC-USD	+0.0764%	1h	62.020	0.000%	$436K	$8K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0840%	1h	62.220	+0.322%	$1.2M	$2.3M	50x	as long as short