Funding arb · Price arb /

LTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.020%

Price spread now: BingX against GRVT−0.192%54s7-day average −0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$34as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$440.436% of the position

Long on GRVT Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.093%+$9 on $10k

Price spread, last 7 days+0.211%+$21 · spread now −0.192%, 7d avg −0.009%

Together, before fees+0.303%+ Points / potential airdropGRVT: Active · farm board+$30 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 0.183% cheaper against GRVT than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of −0.009%. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT LTC_USDT_Perp	61.999	0.0100	pay 0.0100% / 8h	1h 54m	$348K	$1.9M	10x
Short	BingX LTC-USDC	61.880	0.0100	get 0.0100% / 8h	1h 54m	—	$6.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against GRVT. 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 GRVTbpFee BingXbpOrdersPrice spread, now −0.192%Rate

Funding earned: $0
Price spread: −0.192% → −0.009%: −$18.32
Slippage, 4 orders: −$24.62
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee BingX: 5 bp × 2 orders: −$10
Net: −$61.94
Costs to cover: 0.436%
Break-even: never at this rate

Slippage from GRVT: live order book, 4 min ago; BingX: live order book, 11 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 GRVT live order book, 4 min ago	0.81 bp	12.5 bp −$13	30.5 bp −$305	doesn't fit	doesn't fit
Sell BingX live order book, 11 min ago	1.61 bp	10.9 bp −$11	24.9 bp −$249	98.3 bp −$9,834	408.7 bp −$204.4K

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	−0.0190%	1h	62.024	+0.040%	$79K	$371K	10x	as long as short
Variational Omni LTC	−0.0076%	8h	61.960	−0.063%	$3.6M	$4.0M	—	as long as short
Backpack LTC_USDC_PERP	−0.0064%	1h	61.849	−0.242%	$159K	$266K	10x	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0034% / S +0.0263%	1h	61.871	−0.206%	$128K	—	200x	as long as short
Gate LTC_USDT	−0.0011%	8h	61.880	−0.192%	$12.7M	$20.8M	75x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.982	−0.027%	$331K	$4.1M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	61.895	−0.168%	$692K	$1.0M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	61.880	−0.192%	$31K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.273%	$5K	$22K	12x	as long as short
Kraken Futures PF_LTCUSD	+0.0087%	1h	61.898	−0.162%	$6.8M	$5.8M	50x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter LTC	+0.0096%	1h	61.960	−0.063%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	61.870	−0.208%	$12K	$212K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	61.881	−0.189%	$16K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	61.980	−0.031%	$255K	$329K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	61.926	−0.117%	$38.0M	$23.1M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	61.950	−0.080%	$2.6M	$2.2M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.887	−0.180%	$542K	$84K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.888	−0.179%	$95.8M	$222.3M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	61.860	−0.224%	$78.3M	$59.8M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.860	−0.224%	$27.4M	$74.8M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.890	−0.176%	$60.3M	$34.2M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.880	−0.192%	$18.6M	$12.1M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.890	−0.176%	$32.1M	$21.8M	75x	as long as short
BingX LTC-USDCshort	+0.0100%	8h	61.880	−0.192%	—	$6.5M	—
edgeX LTCUSDC	+0.0100%	4h	61.981	−0.029%	$42K	$345K	20x	as long as short
GRVT LTC_USDT_Perplong	+0.0100%	8h	61.999	long leg	$348K	$1.9M	10x
ApeX Omni LTCUSDT	+0.0100%	1h	61.950	−0.079%	$103K	$713K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.970	−0.047%	$17K	$4.2M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.860	−0.224%	$637	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	62.040	+0.066%	$1.9M	$4.8M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.910	−0.143%	$22.2M	$9.1M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	61.880	−0.192%	$691K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.882	−0.189%	$473K	$499	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	61.890	−0.176%	$4.8M	$11.7M	50x	as long as short
Reya LTCRUSDPERP	+0.0334%	1h	61.929	−0.113%	$8K	—	25x	as long as short
dYdX LTC-USD	+0.0642%	1h	61.867	−0.213%	$435K	$8K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0760%	1h	62.050	+0.082%	$1.2M	$2.2M	50x	as long as short