Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0424%/8h= −46.4% APRpaid last 24h −0.122%

Price spread now: BloFin against dYdX+0.049%7-day average +0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$297as in the Funding arb table

Net, price: spread back to 7d avg − costs−$229as in the Price arb table

costs, in and out, $10k−$2322.324% of the position

Long on dYdX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.645%−$64 on $10k

Price spread, last 4 days (all we have)+0.009%+$1 · spread now +0.049%, 7d avg +0.011%

Together, before fees−0.635%−$64 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.038% dearer against dYdX than usual: you sell high and buy low (spread +0.049% now, against its 7-day average of +0.011%): +$4 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 7 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX LTC-USD	61.020	0.0644	pay 0.0080% / 1h	58m 37s	$429K	$8K	10x
Short	BloFin LTC-USDT	61.050	0.0220	get 0.0220% / 8h	3h 58m	$4.7M	$12.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against dYdX. 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 dYdXbpFee BloFinbpOrdersPrice spread, now +0.049%Rate

Funding earned: −$89.04
Price spread: +0.049% → +0.011%: $3.77
Slippage, 4 orders: −$210.36
Fee dYdX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$317.62
Costs to cover: 2.324%
Break-even: never at this rate

Slippage from dYdX: live order book, 61 min ago; BloFin: 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 dYdX live order book, 61 min ago	16.48 bp	21.5 bp −$22	137.5 bp −$1,375	186.1 bp −$18.6K	543.4 bp −$271.7K
Sell BloFin live order book, 5 min ago	1.64 bp	12.4 bp −$12	15.8 bp −$158	38.8 bp −$3,877	85.9 bp −$42.9K

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 −0.0337% / S +0.0436%	1h	61.062	+0.070%	$111K	—	200x	as long as short
Polymarket Perps LTC-USD	−0.0264%	1h	60.977	−0.070%	$103K	$540K	10x	as long as short
SoDEX LTC-USD	−0.0076%	1h	61.030	+0.016%	$164	$5K	10x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.116	+0.157%	$347K	$4.4M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	61.075	+0.090%	$691K	$1.1M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	61.063	+0.071%	$30K	—	150x	as long as short
Variational Omni LTC	+0.0026%	8h	60.984	−0.058%	$3.6M	$2.6M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.753%	$5K	$22K	12x	as long as short
Lighter LTC	+0.0096%	1h	61.047	+0.044%	$942K	$1.6M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0100%	8h	61.050	+0.049%	$13K	$145K	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	61.016	−0.006%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	61.055	+0.057%	$268K	$334K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	61.067	+0.077%	$37.3M	$25.6M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	61.050	+0.048%	$2.6M	$2.6M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.047	+0.044%	$534K	$82K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.020	0.000%	$90.3M	$231.0M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	61.020	0.000%	$77.9M	$61.5M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.010	−0.016%	$27.0M	$76.1M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	61.030	+0.016%	$12.6M	$21.8M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.020	0.000%	$57.9M	$35.2M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.020	0.000%	$18.2M	$13.0M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.030	+0.016%	$31.9M	$22.7M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	61.020	0.000%	—	$38.4M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	61.010	−0.016%	$153K	$276K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.966	−0.089%	$41K	$375K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.888	−0.217%	$339K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.920	−0.164%	$107K	$716K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.100	+0.131%	$17K	$3.9M	30x	as long as short
HTX LTC-USDT	+0.0100%	8h	61.030	+0.016%	$2.0M	$5.0M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.050	+0.049%	$21.6M	$8.9M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	61.018	−0.003%	$675K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.035	+0.025%	$466K	—	3x	as long as short
BloFin LTC-USDTshort	+0.0220%	8h	61.050	+0.049%	$4.7M	$12.3M	50x
Kraken Futures PF_LTCUSD	+0.0230%	1h	61.065	+0.074%	$6.7M	$6.3M	50x	as long as short
Reya LTCRUSDPERP	+0.0337%	1h	60.986	−0.056%	$8K	—	25x	as long as short
dYdX LTC-USDlong	+0.0644%	1h	61.020	long leg	$429K	$8K	10x
Coinbase International LTC-PERP-INTX	+0.0792%	1h	61.220	+0.328%	$1.1M	$2.3M	50x	as long as short