Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0106%/8h= −11.6% APRpaid last 24h −0.005%

Price spread now: Paradex against Deribit−0.100%7-day average — · you buy dearer than you sell

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

Long on Deribit Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Paradex is 0.100% cheaper against Deribit than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit LTC_USDC-PERPETUAL	61.457	0.0206	pay 0.0026% / 1h	10m 19s	$692K	$1.1M	50x
Short	Paradex LTC-USD-PERP	61.396	0.0100	get 0.0100% / 8h	1h 10m	$14K	$10K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now −0.100%Rate

Funding earned: −$22.26
Price spread: −0.100% → 0.000%: −$9.96
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$43.22
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Deribit: live order book, 4 min ago; Paradex: 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	2.44 bp	9.2 bp −$9	14.6 bp −$146	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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
GMX LTC/USD [ETH-USDC]	L −0.0078% / S +0.0280%	1h	61.424	−0.054%	$112K	—	200x	as long as short
Variational Omni LTC	−0.0057%	8h	61.477	+0.032%	$3.6M	$4.0M	—	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.455	−0.003%	$337K	$4.1M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	61.438	−0.030%	$30K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−4.437%	$5K	$22K	12x	as long as short
Gate LTC_USDT	+0.0050%	8h	61.420	−0.060%	$12.9M	$21.3M	75x	as long as short
Polymarket Perps LTC-USD	+0.0079%	1h	61.385	−0.117%	$85K	$378K	10x	as long as short
Kraken Futures PF_LTCUSD	+0.0087%	1h	61.472	+0.024%	$6.8M	$5.8M	50x	as long as short
Lighter LTC	+0.0096%	1h	61.522	+0.106%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0100%	8h	61.420	−0.060%	$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-PERPshort	+0.0100%	8h	61.396	−0.100%	$14K	$10K	20x
Nado LTC-PERP	+0.0100%	1h	61.415	−0.068%	$252K	$321K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	61.461	+0.007%	$37.3M	$23.8M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	61.484	+0.044%	$2.6M	$2.3M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.448	−0.015%	$538K	$84K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.458	+0.001%	$95.2M	$222.6M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	61.430	−0.044%	$77.9M	$59.7M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.440	−0.028%	$27.4M	$74.5M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.430	−0.044%	$61.3M	$34.9M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.430	−0.044%	$19.0M	$12.6M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.410	−0.076%	$31.9M	$22.0M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	61.420	−0.060%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	61.435	−0.036%	$158K	$266K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	61.506	+0.080%	$42K	$355K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.510	+0.086%	$351K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.510	+0.086%	$103K	$708K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.510	+0.086%	$17K	$4.2M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.430	−0.044%	$633	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	61.430	−0.044%	$1.9M	$4.8M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.460	+0.005%	$22.0M	$9.1M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	61.407	−0.081%	$685K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.424	−0.054%	$469K	$499	3x	as long as short
Deribit LTC_USDC-PERPETUALlong	+0.0206%	1h	61.457	long leg	$692K	$1.1M	50x
BloFin LTC-USDT	+0.0220%	8h	61.510	+0.086%	$4.8M	$11.7M	50x	as long as short
Reya LTCRUSDPERP	+0.0334%	1h	61.397	−0.097%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0760%	1h	61.720	+0.428%	$1.2M	$2.2M	50x	as long as short
dYdX LTC-USD	+0.0969%	1h	61.421	−0.058%	$432K	$8K	10x	as long as short