Funding arb · Price arb /

LTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0098%/8h= +10.8% APRpaid last 24h +0.030%

Price spread now: BingX against gTrade (Gains Network)−0.033%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on BingX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. BingX is 0.033% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.033% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 27 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) LTC/USD	60.630	L +0.0002% / S −0.0002%	pay 0.0000% / 1h	38m 23s	$25K	—	150x
Short	BingX LTC-USDT	60.610	0.0100	get 0.0100% / 8h	2h 38m	—	$18.2M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee BingXbpOrdersPrice spread, now −0.033%Rate

Funding earned: $20.66
Price spread: −0.033% → 0.000%: −$3.3
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$2.64
Costs to cover: 0.200%
Break-even: 7.9 days

Slippage unknown: gTrade (Gains Network): no order-book sample; BingX: live order book, 10 min ago. Net counts fees only.

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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell BingX live order book, 10 min ago	0.82 bp	5.8 bp −$6	7.0 bp −$70	11.5 bp −$1,146	30.0 bp −$15.0K

gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 −0.0229% / S +0.0381%	1h	60.629	−0.002%	$96K	—	200x	as long as short
Polymarket Perps LTC-USD	−0.0156%	1h	60.614	−0.026%	$88K	$646K	10x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.552	−0.129%	$335K	$4.3M	4x	as long as short
gTrade (Gains Network) LTC/USDlong	L +0.0002% / S −0.0002%	1h	60.630	long leg	$25K	—	150x
Kraken Futures PF_LTCUSD	+0.0012%	1h	60.575	−0.091%	$6.6M	$6.5M	50x	as long as short
Variational Omni LTC	+0.0028%	8h	60.575	−0.091%	$3.6M	$2.6M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.134%	$5K	$22K	12x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0080%	1h	60.600	−0.049%	$685K	$1.1M	50x	as long as short
Lighter LTC	+0.0096%	1h	60.646	+0.026%	$932K	$1.7M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.560	−0.115%	$13K	$139K	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	60.615	−0.025%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	60.625	−0.008%	$264K	$333K	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.635	+0.008%	$2.5M	$2.5M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.621	−0.015%	$530K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.630	0.000%	$89.1M	$232.7M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.610	−0.033%	$76.8M	$61.6M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.640	+0.016%	$26.7M	$76.0M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.610	−0.033%	$13.0M	$22.0M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.620	−0.016%	$56.7M	$35.7M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.630	0.000%	$17.9M	$13.1M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.630	0.000%	$31.1M	$22.9M	75x	as long as short
BingX LTC-USDTshort	+0.0100%	8h	60.610	−0.033%	—	$18.2M	—
Backpack LTC_USDC_PERP	+0.0100%	1h	60.564	−0.109%	$144K	$270K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.674	+0.072%	$41K	$374K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.620	−0.016%	$341K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.660	+0.049%	$106K	$715K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	60.660	+0.049%	$17K	$3.9M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.560	−0.115%	$162	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.520	−0.181%	$2.0M	$5.0M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.590	−0.066%	$21.4M	$8.9M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.585	−0.075%	$672K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.558	−0.119%	$462K	—	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.540	−0.148%	$4.7M	$12.3M	50x	as long as short
Hyperliquid LTC	+0.0283%	1h	60.711	+0.134%	$37.9M	$26.1M	10x	as long as short
Reya LTCRUSDPERP	+0.0337%	1h	60.637	+0.011%	$8K	—	25x	as long as short
dYdX LTC-USD	+0.0399%	1h	60.620	−0.016%	$426K	$7K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0728%	1h	60.660	+0.049%	$1.1M	$2.5M	50x	as long as short