Funding arb · Price arb /

LTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0140%/8h= −15.3% APRpaid last 24h +0.011%

Price spread now: Kraken Futures against edgeX−0.002%7-day average +0.037% · you buy dearer than you sell

Net, funding: paid 7d − costs−$44as in the Funding arb table

Net, price: spread back to 7d avg − costs−$52as in the Price arb table

costs, in and out, $10k−$490.486% of the position

Long on edgeX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.041%+$4 on $10k

Price spread, last 4 days (all we have)−0.055%−$6 · spread now −0.002%, 7d avg +0.037%

Together, before fees−0.014%+ Points / potential airdropedgeX: Active · farm board−$1 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Kraken Futures is 0.038% cheaper against edgeX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.037%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX LTCUSDC	60.672	0.0100	pay 0.0050% / 4h	3h 58m	$41K	$377K	20x
Short	Kraken Futures PF_LTCUSD	60.671	−0.0040	pay 0.0005% / 1h	58m 31s	$6.5M	$6.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against edgeX. 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 edgeXbpFee Kraken FuturesbpOrdersPrice spread, now −0.002%Rate

Funding earned: −$29.35
Price spread: −0.002% → +0.037%: −$3.85
Slippage, 4 orders: −$29.58
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$81.78
Costs to cover: 0.486%
Break-even: never at this rate

Slippage from edgeX: live order book, 40 min ago; Kraken Futures: 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 edgeX live order book, 40 min ago	6.59 bp	11.1 bp −$11	17.1 bp −$171	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 5 min ago	0.82 bp	15.3 bp −$15	19.1 bp −$191	69.6 bp −$6,963	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
Kraken Futures PF_LTCUSDshort	−0.0040%	1h	60.671	−0.002%	$6.5M	$6.6M	50x
GMX LTC/USD [ETH-USDC]	L −0.0025% / S +0.0154%	1h	60.664	−0.013%	$76K	—	200x	as long as short
dYdX LTC-USD	0.0000%	1h	60.720	+0.079%	$427K	$6K	10x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.704	+0.053%	$344K	$4.4M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0002%	1h	60.667	−0.008%	$25K	—	150x	as long as short
Variational Omni LTC	+0.0010%	8h	60.617	−0.091%	$3.6M	$2.7M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.201%	$5K	$22K	12x	as long as short
SoDEX LTC-USD	+0.0035%	1h	60.650	−0.036%	$163	$5K	10x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0063%	1h	60.695	+0.038%	$686K	$1.1M	50x	as long as short
Lighter LTC	+0.0096%	1h	60.733	+0.101%	$930K	$1.6M	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_LTC_USDC	+0.0099%	8h	60.640	−0.053%	$13K	$97K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.710	+0.062%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	60.700	+0.046%	$263K	$344K	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.732	+0.099%	$2.5M	$2.6M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.709	+0.062%	$531K	$82K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.720	+0.079%	$89.1M	$236.0M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.690	+0.030%	$77.1M	$61.6M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.700	+0.046%	$26.9M	$77.0M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.720	+0.079%	$14.2M	$21.4M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.720	+0.079%	$56.5M	$36.0M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.710	+0.063%	$18.1M	$13.5M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.730	+0.096%	$31.3M	$23.0M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	60.700	+0.046%	—	$18.6M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.673	+0.002%	$142K	$276K	10x	as long as short
edgeX LTCUSDClong	+0.0100%	4h	60.672	long leg	$41K	$377K	20x
GRVT LTC_USDT_Perp	+0.0100%	8h	60.667	−0.008%	$334K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.710	+0.063%	$107K	$714K	50x	as long as short
Polymarket Perps LTC-USD	+0.0100%	1h	60.680	+0.013%	$82K	$732K	10x	as long as short
SunX LTC-USDT	+0.0100%	8h	60.750	+0.129%	$17K	$3.8M	30x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.660	−0.020%	$2.0M	$5.1M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.680	+0.013%	$21.4M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.695	+0.037%	$680K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.641	−0.052%	$463K	—	3x	as long as short
Hyperliquid LTC	+0.0143%	1h	60.778	+0.175%	$38.2M	$26.5M	10x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.680	+0.013%	$4.2M	$12.5M	50x	as long as short
Reya LTCRUSDPERP	+0.0338%	1h	60.637	−0.057%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0632%	1h	60.770	+0.162%	$1.1M	$2.6M	50x	as long as short