Settings8H · net · $10k
Funding arb · Price arb /

LTC

all LTC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC+0.0612%/8h= +67.0% APRpaid last 24h +0.131%
Price spread now: Coinbase International against edgeX+0.093%77s7-day average +0.133% · you sell dearer than you buy
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$490.493% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.367%+$37 on $10k
Price spread, last 3 days (all we have)−0.122%−$12 · spread now +0.093%, 7d avg +0.133%
Together, before fees+0.245%+ Points / potential airdropedgeX: Active · farm board+$25 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.040% cheaper against edgeX than usual: you would sell low and buy high (spread +0.093% now, against its 7-day average of +0.133%). If the spread goes back, that is −$4 on $10k: about 5 hours of funding at the current rate (+$18 a day). At the pace of the last 7 days (+0.367% in total) that is about 18 hours. The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.367% in total (about 19.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX LTCUSDC62.1120.0100pay 0.0050% / 4h2h 49m$42K$343K20x
ShortCoinbase International LTC-PERP-INTX62.1700.0712get 0.0089% / 1h49m 51s$1.2M$2.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against edgeX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$128.52
Price spread: +0.093% → +0.133%
−$4
Slippage, 4 orders
−$30.3
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$75.23
Costs to cover
0.493%
Break-even
2.9 days
Slippage from edgeX: live order book, 38 min ago; Coinbase International: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 38 min ago7.17 bp11.7 bp −$1218.6 bp −$186doesn't fitdoesn't fit
Sell Coinbase International live order book, 4 min ago4.01 bp12.4 bp −$1216.0 bp −$160doesn't fitdoesn't fit

LTC on 37 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps LTC-USD−0.0406%1h61.955−0.253%$79K$390K10xas long as short
Variational Omni LTC−0.0091%8h62.015−0.156%$3.6M$4.1Mas long as short
Gate LTC_USDT−0.0038%8h61.960−0.245%$12.8M$20.8M75xas long as short
Backpack LTC_USDC_PERP−0.0035%1h61.960−0.245%$161K$271K10xas long as short
GMX LTC/USD [ETH-USDC]L −0.0022% / S +0.0254%1h61.994−0.191%$128K200xas long as short
Kalshi KXLTCPERP0.0000%8h61.999−0.183%$345K$4.0M4xas long as short
Deribit LTC_USDC-PERPETUAL0.0000%1h62.014−0.158%$694K$1.1M50xas long as short
gTrade (Gains Network) LTC/USDL +0.0002% / S −0.0003%1h61.991−0.195%$31K150xas long as short
Injective LTC/USDC PERP+0.0033%1h58.730−5.446%$5K$22K12xas long as short
Bybit LTCUSDT+0.0046%8h61.960−0.245%$78.5M$59.5M75xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter LTC+0.0096%1h62.049−0.102%$1.3M$1.2M10xas long as short
Orderly PERP_LTC_USDC+0.0099%8h61.990−0.197%$12K$211K20xas long as short
Paradex LTC-USD-PERP+0.0100%8h61.944−0.271%$16K$10K20xas long as short
Nado LTC-PERP+0.0100%1h61.935−0.286%$255K$325K10xas long as short
Hyperliquid LTC+0.0100%1h62.033−0.128%$38.1M$23.1M10xas long as short
Aster LTCUSDT+0.0100%8h62.027−0.138%$2.6M$2.1M75xas long as short
Pacifica LTC+0.0100%1h61.986−0.204%$544K$83K10xas long as short
Binance LTCUSDT+0.0100%8h61.984−0.206%$96.2M$220.5M75xas long as short
OKX LTC-USDT-SWAP+0.0100%8h61.970−0.229%$27.6M$74.6M50xas long as short
MEXC LTC_USDT+0.0100%8h61.990−0.197%$61.8M$34.9M200xas long as short
KuCoin LTCUSDTM+0.0100%8h61.980−0.213%$18.9M$11.9M75xas long as short
Bitget LTCUSDT+0.0100%8h61.960−0.245%$32.0M$21.6M75xas long as short
BingX LTC-USDC+0.0100%8h61.970−0.229%$6.6Mas long as short
edgeX LTCUSDClong+0.0100%4h62.112long leg$42K$343K20x
GRVT LTC_USDT_Perp+0.0100%8h62.286+0.279%$349K$2.0M10xas long as short
ApeX Omni LTCUSDT+0.0100%1h62.160+0.077%$104K$709K50xas long as short
SunX LTC-USDT+0.0100%8h62.080−0.052%$17K$4.2M30xas long as short
SoDEX LTC-USD+0.0100%1h61.950−0.261%$638$5K10xas long as short
HTX LTC-USDT+0.0100%8h61.980−0.213%$1.9M$4.9M75xas long as short
Phemex LTCUSDT+0.0100%8h61.990−0.197%$22.2M$9.0M50xas long as short
Extended LTC-USD+0.0104%1h61.970−0.229%$694K$1.1M25xas long as short
Aevo LTC-PERP+0.0104%1h61.976−0.219%$473K$4993xas long as short
BloFin LTC-USDT+0.0220%8h62.010−0.165%$4.9M$11.8M50xas long as short
Kraken Futures PF_LTCUSD+0.0228%1h61.990−0.197%$6.8M$5.9M50xas long as short
Reya LTCRUSDPERP+0.0334%1h61.972−0.226%$8K$19925xas long as short
dYdX LTC-USD+0.0565%1h62.000−0.181%$436K$8K10xas long as short
Coinbase International LTC-PERP-INTXshort+0.0712%1h62.170+0.093%$1.2M$2.1M50x