Funding arb · Price arb /

LTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: BingX against Extended−0.015%7-day average +0.035% · you buy dearer than you sell

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$270.266% of the position

Long on Extended Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.009%+$1 on $10k

Price spread, last 4 days (all we have)+0.013%+$1 · spread now −0.015%, 7d avg +0.035%

Together, before fees+0.022%+ Points / potential airdropExtended: Active · farm board+$2 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.049% cheaper against Extended than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.035%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended LTC-USD	61.969	0.0104	pay 0.0013% / 1h	33m 07s	$688K	$1.1M	25x
Short	BingX LTC-USDT	61.960	0.0100	get 0.0100% / 8h	33m 07s	—	$37.7M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Extended. 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 ExtendedbpFee BingXbpOrdersPrice spread, now −0.015%Rate

Funding earned: −$0.84
Price spread: −0.015% → +0.035%: −$4.94
Slippage, 4 orders: −$11.63
Fee Extended: 2.5 bp × 2 orders: −$5
Fee BingX: 5 bp × 2 orders: −$10
Net: −$32.41
Costs to cover: 0.266%
Break-even: never at this rate

Slippage from Extended: live order book, just now; BingX: live order book, 6 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 Extended live order book, just now	1.61 bp	9.4 bp −$9	15.0 bp −$150	doesn't fit	doesn't fit
Sell BingX live order book, 6 min ago	0.81 bp	5.8 bp −$6	9.2 bp −$92	14.8 bp −$1,482	28.3 bp −$14.2K

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 −0.0107% / S +0.0296%	1h	62.007	+0.062%	$113K	—	200x	as long as short
Variational Omni LTC	−0.0043%	8h	61.908	−0.099%	$3.6M	$4.0M	—	as long as short
Kalshi KXLTCPERP	0.0000%	8h	62.001	+0.051%	$314K	$4.2M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	62.010	+0.066%	$31K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.227%	$5K	$22K	12x	as long as short
Polymarket Perps LTC-USD	+0.0084%	1h	61.977	+0.013%	$85K	$378K	10x	as long as short
Gate LTC_USDT	+0.0092%	8h	61.960	−0.015%	$13.0M	$21.3M	75x	as long as short
Orderly PERP_LTC_USDC	+0.0100%	8h	62.000	+0.050%	$12K	$213K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	61.945	−0.039%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	61.960	−0.015%	$264K	$323K	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid LTC	+0.0100%	1h	62.006	+0.059%	$37.6M	$23.8M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	62.040	+0.114%	$2.6M	$2.3M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.956	−0.021%	$542K	$87K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.953	−0.027%	$96.0M	$223.2M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	61.950	−0.031%	$78.5M	$59.6M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.950	−0.031%	$27.6M	$75.5M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.980	+0.018%	$61.8M	$34.0M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.990	+0.034%	$19.1M	$12.6M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.980	+0.018%	$32.2M	$22.1M	75x	as long as short
BingX LTC-USDTshort	+0.0100%	8h	61.960	−0.015%	—	$37.7M	—
Backpack LTC_USDC_PERP	+0.0100%	1h	61.950	−0.031%	$159K	$266K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	61.967	−0.003%	$42K	$356K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.940	−0.047%	$350K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.910	−0.095%	$118K	$713K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	62.080	+0.179%	$17K	$4.1M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.980	+0.018%	$638	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	61.940	−0.047%	$1.9M	$4.9M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.990	+0.034%	$22.2M	$9.1M	50x	as long as short
Extended LTC-USDlong	+0.0104%	1h	61.969	long leg	$688K	$1.1M	25x
Aevo LTC-PERP	+0.0104%	1h	61.990	+0.034%	$473K	$499	3x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0153%	1h	62.033	+0.103%	$700K	$1.1M	50x	as long as short
Lighter LTC	+0.0160%	1h	62.039	+0.113%	$1.3M	$1.2M	10x	as long as short
BloFin LTC-USDT	+0.0220%	8h	61.960	−0.015%	$4.9M	$11.8M	50x	as long as short
Reya LTCRUSDPERP	+0.0335%	1h	61.983	+0.022%	$8K	—	25x	as long as short
Kraken Futures PF_LTCUSD	+0.0433%	1h	62.002	+0.053%	$6.9M	$5.8M	50x	as long as short
dYdX LTC-USD	+0.0829%	1h	61.973	+0.006%	$436K	$8K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0848%	1h	62.220	+0.405%	$1.2M	$2.3M	50x	as long as short