Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0108%/8h= −11.8% APRpaid last 24h −0.008%

Price spread now: HTX against Deribit−0.308%7-day average −0.064% · you buy dearer than you sell

Net, funding: paid 7d − costs−$20as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$340.340% of the position

Long on Deribit Short on HTX

What this pair did over the last

the charts below follow

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

Price spread, last 4 days (all we have)+0.235%+$23 · spread now −0.308%, 7d avg −0.064%

Together, before fees+0.376%+$38 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and HTX is 0.243% cheaper against Deribit than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of −0.064%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.142%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit LTC_USDC-PERPETUAL	61.138	0.0208	pay 0.0026% / 1h	30m 50s	$691K	$1.1M	50x
Short	HTX LTC-USDT	60.950	0.0100	get 0.0100% / 8h	3h 30m	$2.0M	$5.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Deribit. 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 DeribitbpFee HTXbpOrdersPrice spread, now −0.308%Rate

Funding earned: −$22.68
Price spread: −0.308% → −0.064%: −$24.31
Slippage, 4 orders: −$14.98
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee HTX: 6 bp × 2 orders: −$12
Net: −$80.98
Costs to cover: 0.340%
Break-even: never at this rate

Slippage from Deribit: live order book, 3 min ago; HTX: 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 Deribit live order book, 3 min ago	3.28 bp	6.8 bp −$7	15.8 bp −$158	doesn't fit	doesn't fit
Sell HTX live order book, 3 min ago	0.82 bp	10.3 bp −$10	19.0 bp −$190	45.3 bp −$4,527	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	61.088	−0.082%	$103K	—	200x	as long as short
Polymarket Perps LTC-USD	−0.0244%	1h	61.041	−0.159%	$93K	$612K	10x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.057	−0.132%	$347K	$4.3M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	61.092	−0.075%	$30K	—	150x	as long as short
Variational Omni LTC	+0.0027%	8h	61.074	−0.104%	$3.6M	$2.6M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.939%	$5K	$22K	12x	as long as short
Lighter LTC	+0.0096%	1h	61.077	−0.100%	$942K	$1.6M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	61.080	−0.095%	$13K	$147K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.967	−0.279%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	61.060	−0.128%	$268K	$332K	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid LTC	+0.0100%	1h	61.108	−0.049%	$37.3M	$25.3M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	61.068	−0.114%	$2.6M	$2.6M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.015	−0.201%	$533K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.071	−0.109%	$90.1M	$232.3M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	61.060	−0.128%	$77.6M	$61.6M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.040	−0.160%	$26.9M	$76.4M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	61.060	−0.128%	$12.9M	$21.9M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.080	−0.095%	$58.0M	$35.4M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.080	−0.095%	$18.2M	$13.1M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.060	−0.128%	$31.4M	$22.9M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	61.080	−0.095%	—	$38.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	61.089	−0.080%	$147K	$278K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.974	−0.269%	$41K	$375K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.990	−0.242%	$345K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.980	−0.258%	$107K	$716K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.110	−0.046%	$17K	$3.9M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.090	−0.079%	$164	$5K	10x	as long as short
HTX LTC-USDTshort	+0.0100%	8h	60.950	−0.308%	$2.0M	$5.0M	75x
Phemex LTCUSDT	+0.0100%	8h	61.120	−0.029%	$21.6M	$8.9M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	61.057	−0.132%	$679K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.110	−0.046%	$467K	—	3x	as long as short
Deribit LTC_USDC-PERPETUALlong	+0.0208%	1h	61.138	long leg	$691K	$1.1M	50x
BloFin LTC-USDT	+0.0220%	8h	61.090	−0.079%	$4.7M	$12.3M	50x	as long as short
dYdX LTC-USD	+0.0226%	1h	60.989	−0.244%	$429K	$7K	10x	as long as short
Kraken Futures PF_LTCUSD	+0.0230%	1h	61.113	−0.041%	$6.7M	$6.4M	50x	as long as short
Reya LTCRUSDPERP	+0.0337%	1h	61.065	−0.120%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0792%	1h	61.110	−0.046%	$1.1M	$2.4M	50x	as long as short