Funding arb · Price arb /

LTC

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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 −0.003%

Price spread now: GRVT against Bybit+0.143%100s7-day average +0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$45as 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−$450.449% of the position

Long on Bybit Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.003%$0 on $10k

Price spread, last 7 days−0.118%−$12 · spread now +0.143%, 7d avg +0.022%

Together, before fees−0.121%+ Points / potential airdropGRVT: Active · farm board−$12 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.121% dearer against Bybit than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.022%. The two prices were read 100 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	Bybit LTCUSDT	61.300	0.0100	pay 0.0100% / 8h	6h 53m	$77.8M	$58.2M	75x
Short	GRVT LTC_USDT_Perp	61.388	0.0100	get 0.0100% / 8h	6h 53m	$346K	$1.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Bybit. 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 BybitbpFee GRVTbpOrdersPrice spread, now +0.143%Rate

Funding earned: $0
Price spread: +0.143% → +0.022%: $12.11
Slippage, 4 orders: −$24.93
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$32.82
Costs to cover: 0.449%
Break-even: never at this rate

Slippage from Bybit: live order book, 5 min ago; GRVT: 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 Bybit live order book, 5 min ago	1.63 bp	7.4 bp −$7	14.0 bp −$140	64.1 bp −$6,406	doesn't fit
Sell GRVT live order book, 5 min ago	1.63 bp	13.5 bp −$14	40.2 bp −$402	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	−0.0433%	1h	61.115	−0.302%	$81K	$379K	10x	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0200% / S +0.0347%	1h	61.185	−0.188%	$111K	—	200x	as long as short
Variational Omni LTC	−0.0039%	8h	61.056	−0.399%	$3.6M	$2.6M	—	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.207	−0.152%	$292K	$4.3M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0005%	1h	61.185	−0.188%	$19K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−4.192%	$5K	$22K	12x	as long as short
dYdX LTC-USD	+0.0036%	1h	61.170	−0.212%	$430K	$8K	10x	as long as short
Kraken Futures PF_LTCUSD	+0.0049%	1h	61.316	+0.027%	$6.8M	$5.9M	50x	as long as short
Lighter LTC	+0.0096%	1h	61.375	+0.122%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0100%	8h	61.230	−0.114%	$13K	$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	61.158	−0.232%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	61.165	−0.220%	$260K	$319K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	61.353	+0.086%	$37.5M	$23.9M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	61.322	+0.036%	$2.6M	$2.3M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.210	−0.148%	$535K	$86K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.327	+0.044%	$93.7M	$224.0M	75x	as long as short
Bybit LTCUSDTlong	+0.0100%	8h	61.300	long leg	$77.8M	$58.2M	75x
OKX LTC-USDT-SWAP	+0.0100%	8h	61.310	+0.016%	$27.2M	$75.1M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	61.330	+0.049%	$12.8M	$20.3M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.340	+0.065%	$61.1M	$34.1M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.320	+0.033%	$18.7M	$12.9M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.320	+0.033%	$31.6M	$22.1M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	61.320	+0.033%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	61.284	−0.026%	$157K	$282K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	61.489	+0.309%	$42K	$356K	20x	as long as short
GRVT LTC_USDT_Perpshort	+0.0100%	8h	61.388	+0.143%	$346K	$1.9M	10x
ApeX Omni LTCUSDT	+0.0100%	1h	61.500	+0.326%	$105K	$714K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.300	0.000%	$17K	$4.0M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.260	−0.065%	$631	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	61.200	−0.163%	$2.0M	$5.0M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.290	−0.016%	$21.9M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	61.326	+0.042%	$679K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.240	−0.098%	$468K	—	3x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0191%	1h	61.253	−0.077%	$702K	$1.1M	50x	as long as short
BloFin LTC-USDT	+0.0220%	8h	61.160	−0.228%	$4.8M	$12.2M	50x	as long as short
Reya LTCRUSDPERP	+0.0335%	1h	61.126	−0.284%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0808%	1h	61.360	+0.098%	$1.2M	$2.2M	50x	as long as short