Funding arb · Price arb /

LTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.020%

Price spread now: Injective against GRVT−3.835%7-day average — · you buy dearer than you sell

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

Long on GRVT Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days+2.110%+$211 on $10k

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

Together, before fees—+ Points / potential airdropGRVT: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 3.835% cheaper against GRVT than usual: you would sell low and buy high (−$384 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +2.110%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT LTC_USDT_Perp	61.072	0.0100	pay 0.0100% / 8h	5h 16m	$346K	$1.9M	10x
Short	Injective LTC/USDC PERP	58.730	0.0033	get 0.0004% / 1h	16m 44s	$5K	$22K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now −3.835%Rate

Funding earned: −$14
Price spread: −3.835% → 0.000%: −$383.53
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$406.55
Costs to cover: 0.090%
Break-even: never at this rate

Slippage unknown: GRVT: live order book, 2 min ago; Injective: no order-book sample. 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 GRVT live order book, 2 min ago	0.82 bp	8.3 bp −$8	28.5 bp −$285	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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 −0.0278% / S +0.0405%	1h	61.062	−0.017%	$111K	—	200x	as long as short
Polymarket Perps LTC-USD	−0.0137%	1h	60.982	−0.148%	$80K	$390K	10x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.073	+0.001%	$318K	$4.3M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	61.075	+0.004%	$692K	$1.1M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	61.055	−0.029%	$30K	—	150x	as long as short
Variational Omni LTC	+0.0010%	8h	61.074	+0.002%	$3.6M	$2.6M	—	as long as short
Injective LTC/USDC PERPshort	+0.0033%	1h	58.730	−3.835%	$5K	$22K	12x
Lighter LTC	+0.0096%	1h	61.091	+0.031%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	61.030	−0.069%	$13K	$210K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	61.054	−0.030%	$14K	$10K	20x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado LTC-PERP	+0.0100%	1h	61.055	−0.028%	$266K	$326K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	61.107	+0.057%	$37.2M	$24.6M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	61.060	−0.020%	$2.6M	$2.5M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.046	−0.043%	$534K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.040	−0.053%	$91.4M	$225.5M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	61.040	−0.053%	$77.6M	$58.7M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.030	−0.069%	$26.9M	$74.2M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	61.050	−0.037%	$12.7M	$21.3M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.040	−0.053%	$58.1M	$34.9M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.050	−0.037%	$18.4M	$12.8M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.060	−0.020%	$32.7M	$22.3M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	61.040	−0.053%	—	$38.1M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	61.036	−0.059%	$154K	$276K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	61.052	−0.033%	$41K	$375K	20x	as long as short
GRVT LTC_USDT_Perplong	+0.0100%	8h	61.072	long leg	$346K	$1.9M	10x
ApeX Omni LTCUSDT	+0.0100%	1h	61.090	+0.029%	$102K	$717K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.130	+0.094%	$17K	$3.9M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.040	−0.053%	$164	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	61.040	−0.053%	$2.0M	$4.8M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.060	−0.020%	$21.7M	$8.8M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	61.029	−0.071%	$675K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.040	−0.053%	$466K	—	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	61.030	−0.069%	$4.7M	$12.3M	50x	as long as short
dYdX LTC-USD	+0.0241%	1h	61.048	−0.039%	$429K	$8K	10x	as long as short
Reya LTCRUSDPERP	+0.0336%	1h	61.035	−0.062%	$8K	—	25x	as long as short
Kraken Futures PF_LTCUSD	+0.0348%	1h	61.066	−0.010%	$6.8M	$6.1M	50x	as long as short
Coinbase International LTC-PERP-INTX	+0.0832%	1h	61.260	+0.307%	$1.1M	$2.3M	50x	as long as short