Funding arb · Price arb /

LTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0099%/8h= +10.9% APRpaid last 24h −0.011%

Price spread now: Orderly against Deribit−0.051%7-day average −0.055% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Deribit Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days+0.042%+$4 on $10k

Price spread, last 4 days (all we have)+0.006%+$1 · spread now −0.051%, 7d avg −0.055%

Together, before fees+0.048%+$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.055%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit LTC_USDC-PERPETUAL	60.681	0	get 0.0000% / 1h	39m 42s	$685K	$1.1M	50x
Short	Orderly PERP_LTC_USDC	60.650	0.0099	get 0.0099% / 8h	7h 39m	$13K	$93K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now −0.051%Rate

Funding earned: $20.87
Price spread: −0.051% → −0.055%: $0.38
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Orderly: 3 bp × 2 orders: −$6
Net: $8.26
Costs to cover: 0.130%
Break-even: 4.2 days

Slippage unknown: Deribit: live order book, 4 min ago; Orderly: no order-book sample. Net counts fees only.

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	4.11 bp	9.2 bp −$9	15.2 bp −$152	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Kraken Futures PF_LTCUSD	−0.0040%	1h	60.690	+0.014%	$6.5M	$6.7M	50x	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0022% / S +0.0150%	1h	60.767	+0.141%	$76K	—	200x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.700	+0.031%	$344K	$4.4M	4x	as long as short
Deribit LTC_USDC-PERPETUALlong	0.0000%	1h	60.681	long leg	$685K	$1.1M	50x
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0002%	1h	60.654	−0.045%	$25K	—	150x	as long as short
Variational Omni LTC	+0.0007%	8h	60.655	−0.043%	$3.6M	$2.7M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.215%	$5K	$22K	12x	as long as short
Gate LTC_USDT	+0.0083%	8h	60.670	−0.018%	$14.3M	$21.4M	75x	as long as short
Lighter LTC	+0.0096%	1h	60.699	+0.030%	$931K	$1.6M	10x	as long as short
Orderly PERP_LTC_USDCshort	+0.0099%	8h	60.650	−0.051%	$13K	$93K	20x

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	60.649	−0.052%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	60.665	−0.026%	$263K	$345K	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.721	+0.065%	$2.5M	$2.6M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.671	−0.017%	$530K	$82K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.670	−0.018%	$88.7M	$235.5M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.650	−0.051%	$77.1M	$61.5M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.680	−0.002%	$27.0M	$76.9M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.670	−0.018%	$57.0M	$36.1M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.680	−0.002%	$18.1M	$13.5M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.680	−0.002%	$31.3M	$23.0M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	60.670	−0.018%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.674	−0.012%	$142K	$279K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.731	+0.083%	$41K	$378K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.759	+0.128%	$345K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.750	+0.114%	$107K	$713K	50x	as long as short
Polymarket Perps LTC-USD	+0.0100%	1h	60.660	−0.035%	$82K	$732K	10x	as long as short
SunX LTC-USDT	+0.0100%	8h	60.700	+0.031%	$17K	$3.8M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.660	−0.035%	$163	$6K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.630	−0.084%	$2.0M	$5.1M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.690	+0.015%	$21.4M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.654	−0.045%	$681K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.632	−0.080%	$463K	—	3x	as long as short
Hyperliquid LTC	+0.0126%	1h	60.719	+0.063%	$38.2M	$25.7M	10x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.670	−0.018%	$4.2M	$12.6M	50x	as long as short
Reya LTCRUSDPERP	+0.0338%	1h	60.621	−0.099%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0632%	1h	60.850	+0.279%	$1.1M	$2.6M	50x	as long as short
dYdX LTC-USD	+0.0813%	1h	60.660	−0.035%	$426K	$6K	10x	as long as short