Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0076%/8h= +8.3% APRpaid last 24h −0.008%

Price spread now: MEXC against Deribit−0.061%7-day average −0.032% · you buy dearer than you sell

Net, funding: paid 7d − costs−$11as in the Funding arb table

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$210.206% of the position

Long on Deribit Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.092%+$9 on $10k

Price spread, last 3 days (all we have)+0.017%+$2 · spread now −0.061%, 7d avg −0.032%

Together, before fees+0.110%+$11 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.029% cheaper against Deribit than usual: you would sell low and buy high (spread −0.061% now, against its 7-day average of −0.032%). If the spread goes back, that is −$3 on $10k: about 30 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit LTC_USDC-PERPETUAL	62.078	0.0024	pay 0.0003% / 1h	39m 40s	$712K	$1.1M	50x
Short	MEXC LTC_USDT	62.040	0.0100	get 0.0100% / 8h	7h 39m	$61.7M	$34.2M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.061%Rate

Funding earned: $15.96
Price spread: −0.061% → −0.032%: −$2.9
Slippage, 4 orders: −$13.57
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee MEXC: 0 bp × 2 orders: $0
Net: −$7.51
Costs to cover: 0.206%
Break-even: 10.3 days

Slippage from Deribit: live order book, 4 min ago; MEXC: 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 Deribit live order book, 4 min ago	3.22 bp	8.6 bp −$9	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	1.61 bp	2.0 bp −$2	6.3 bp −$63	22.4 bp −$2,244	62.3 bp −$31.1K

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	−0.0277%	1h	61.974	−0.168%	$85K	$370K	10x	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0178% / S +0.0351%	1h	62.045	−0.053%	$122K	—	200x	as long as short
Variational Omni LTC	−0.0048%	8h	62.105	+0.044%	$3.6M	$4.0M	—	as long as short
Kalshi KXLTCPERP	0.0000%	8h	62.060	−0.029%	$316K	$4.1M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	62.058	−0.032%	$31K	—	150x	as long as short
Deribit LTC_USDC-PERPETUALlong	+0.0024%	1h	62.078	long leg	$712K	$1.1M	50x
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.393%	$5K	$22K	12x	as long as short
Bybit LTCUSDT	+0.0072%	8h	62.040	−0.061%	$78.7M	$59.2M	75x	as long as short
Lighter LTC	+0.0096%	1h	62.127	+0.079%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0100%	8h	62.030	−0.077%	$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	−0.083%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	61.995	−0.134%	$266K	$320K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	62.112	+0.055%	$37.7M	$23.7M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	62.110	+0.052%	$2.7M	$2.3M	75x	as long as short
Pacifica LTC	+0.0100%	1h	62.052	−0.041%	$542K	$87K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	62.050	−0.045%	$95.6M	$222.6M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	62.030	−0.077%	$27.7M	$75.3M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	62.050	−0.045%	$13.0M	$20.8M	75x	as long as short
MEXC LTC_USDTshort	+0.0100%	8h	62.040	−0.061%	$61.7M	$34.2M	200x
KuCoin LTCUSDTM	+0.0100%	8h	62.060	−0.029%	$19.2M	$12.7M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	62.050	−0.045%	$32.2M	$21.9M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	62.050	−0.045%	—	$37.8M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	62.020	−0.093%	$159K	$264K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	62.084	+0.010%	$42K	$356K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	62.130	+0.084%	$352K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	62.080	+0.003%	$118K	$708K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	62.120	+0.068%	$17K	$4.1M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	62.040	−0.061%	$639	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	62.000	−0.126%	$2.0M	$4.8M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	62.060	−0.029%	$22.2M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	62.022	−0.090%	$693K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	62.017	−0.099%	$474K	—	3x	as long as short
Kraken Futures PF_LTCUSD	+0.0211%	1h	62.077	−0.001%	$6.9M	$5.8M	50x	as long as short
BloFin LTC-USDT	+0.0220%	8h	62.020	−0.093%	$4.8M	$11.7M	50x	as long as short
Reya LTCRUSDPERP	+0.0335%	1h	62.016	−0.100%	$8K	—	25x	as long as short
dYdX LTC-USD	+0.0757%	1h	62.060	−0.029%	$436K	$8K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0840%	1h	62.220	+0.229%	$1.2M	$2.3M	50x	as long as short