Funding arb · Price arb /

LTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0206%/8h= −22.5% APRpaid last 24h −0.148%

Price spread now: HTX against dYdX−0.008%7-day average −0.029% · you buy dearer than you sell

Net, funding: paid 7d − costs−$172as in the Funding arb table

Net, price: spread back to 7d avg − costs−$88as in the Price arb table

costs, in and out, $10k−$900.898% of the position

Long on dYdX Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.824%−$82 on $10k

Price spread, last 4 days (all we have)−0.019%−$2 · spread now −0.008%, 7d avg −0.029%

Together, before fees−0.842%−$84 on $10k · with fees, hour by hour

The price spread pays, funding is against you. HTX is 0.021% dearer against dYdX than usual: you sell high and buy low (spread −0.008% now, against its 7-day average of −0.029%): +$2 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 8 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX LTC-USD	60.985	0.0306	pay 0.0038% / 1h	14m 41s	$429K	$7K	10x
Short	HTX LTC-USDT	60.980	0.0100	get 0.0100% / 8h	2h 14m	$2.0M	$5.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now −0.008%Rate

Funding earned: −$43.21
Price spread: −0.008% → −0.029%: $2.05
Slippage, 4 orders: −$67.84
Fee dYdX: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$131
Costs to cover: 0.898%
Break-even: never at this rate

Slippage from dYdX: live order book, 34 min ago; HTX: 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 dYdX live order book, 34 min ago	13.94 bp	18.9 bp −$19	35.5 bp −$355	38.3 bp −$3,831	75.1 bp −$37.6K
Sell HTX live order book, 4 min ago	0.82 bp	19.4 bp −$19	25.7 bp −$257	51.7 bp −$5,171	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
Polymarket Perps LTC-USD	−0.0147%	1h	60.946	−0.064%	$84K	$672K	10x	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0048% / S +0.0183%	1h	60.975	−0.017%	$76K	—	200x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.010	+0.041%	$334K	$4.3M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0002%	1h	60.985	0.000%	$25K	—	150x	as long as short
Kraken Futures PF_LTCUSD	+0.0012%	1h	60.998	+0.021%	$6.6M	$6.5M	50x	as long as short
Variational Omni LTC	+0.0029%	8h	60.945	−0.066%	$3.6M	$2.7M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.698%	$5K	$22K	12x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0045%	1h	61.009	+0.039%	$689K	$1.1M	50x	as long as short
Lighter LTC	+0.0096%	1h	61.035	+0.082%	$938K	$1.7M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.990	+0.008%	$13K	$134K	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	61.006	+0.034%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	60.985	0.000%	$266K	$334K	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	61.030	+0.073%	$2.6M	$2.5M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.009	+0.040%	$533K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.000	+0.025%	$89.6M	$233.8M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.990	+0.008%	$77.2M	$61.6M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.990	+0.008%	$26.9M	$76.6M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.980	−0.008%	$13.3M	$22.2M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.000	+0.025%	$56.4M	$36.2M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.010	+0.041%	$18.0M	$13.1M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.020	+0.057%	$31.3M	$22.8M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	60.990	+0.008%	—	$18.4M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.983	−0.003%	$146K	$269K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.956	−0.048%	$41K	$376K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.020	+0.057%	$344K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.990	+0.008%	$107K	$716K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.070	+0.139%	$17K	$3.8M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.980	−0.008%	$163	$5K	10x	as long as short
HTX LTC-USDTshort	+0.0100%	8h	60.980	−0.008%	$2.0M	$5.0M	75x
Phemex LTCUSDT	+0.0100%	8h	61.000	+0.025%	$21.6M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.964	−0.035%	$675K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.985	0.000%	$466K	—	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	61.000	+0.025%	$4.1M	$12.5M	50x	as long as short
Hyperliquid LTC	+0.0257%	1h	61.066	+0.133%	$38.3M	$26.3M	10x	as long as short
dYdX LTC-USDlong	+0.0306%	1h	60.985	long leg	$429K	$7K	10x
Reya LTCRUSDPERP	+0.0337%	1h	60.956	−0.048%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0728%	1h	61.140	+0.254%	$1.1M	$2.5M	50x	as long as short