Funding arb · Price arb /

LTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0234%/8h= +25.6% APRpaid last 24h +0.089%

Price spread now: Reya against GRVT−0.106%64s7-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 Reya

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—+ Points / potential airdropGRVT: Active · Reya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.106% cheaper against GRVT than usual: you would sell low and buy high (spread −0.106% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 36 hours of funding at the current rate (+$7 a day). The two prices were read 64 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	61.969	0.0100	pay 0.0100% / 8h	1h 38m	$344K	$1.9M	10x
Short	Reya LTCRUSDPERP	61.903	0.0334	get 0.0042% / 1h	38m 20s	$8K	—	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now −0.106%Rate

Funding earned: $49.19
Price spread: −0.106% → 0.000%: −$10.62
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Reya: 3 bp × 2 orders: −$6
Net: $23.57
Costs to cover: 0.150%
Break-even: 3.6 days

Slippage unknown: GRVT: live order book, 5 min ago; Reya: 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, 5 min ago	1.61 bp	14.9 bp −$15	26.8 bp −$268	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: 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
Variational Omni LTC	−0.0073%	8h	62.048	+0.127%	$3.6M	$4.0M	—	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0055% / S +0.0267%	1h	61.914	−0.088%	$112K	—	200x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.937	−0.052%	$333K	$4.1M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	61.919	−0.081%	$31K	—	150x	as long as short
Gate LTC_USDT	+0.0013%	8h	61.890	−0.128%	$12.8M	$21.0M	75x	as long as short
Polymarket Perps LTC-USD	+0.0015%	1h	61.878	−0.147%	$81K	$374K	10x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.227%	$5K	$22K	12x	as long as short
Kraken Futures PF_LTCUSD	+0.0087%	1h	61.978	+0.015%	$6.8M	$5.7M	50x	as long as short
Lighter LTC	+0.0096%	1h	61.958	−0.018%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	61.920	−0.079%	$12K	$212K	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	61.894	−0.122%	$16K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	61.910	−0.096%	$254K	$328K	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	61.977	+0.012%	$2.6M	$2.2M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.882	−0.141%	$541K	$84K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.928	−0.067%	$95.9M	$222.0M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	61.880	−0.144%	$78.4M	$59.6M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.900	−0.112%	$27.5M	$74.8M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.920	−0.079%	$62.4M	$34.5M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.920	−0.079%	$18.7M	$12.4M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.880	−0.144%	$32.1M	$21.8M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	61.920	−0.079%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	61.859	−0.178%	$159K	$265K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	62.036	+0.109%	$42K	$346K	20x	as long as short
GRVT LTC_USDT_Perplong	+0.0100%	8h	61.969	long leg	$344K	$1.9M	10x
ApeX Omni LTCUSDT	+0.0100%	1h	62.010	+0.066%	$104K	$711K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	62.030	+0.098%	$18K	$4.2M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.940	−0.047%	$638	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	62.010	+0.066%	$1.9M	$4.8M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.900	−0.112%	$22.2M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	61.859	−0.178%	$691K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.875	−0.152%	$472K	$499	3x	as long as short
Hyperliquid LTC	+0.0118%	1h	61.990	+0.034%	$38.0M	$23.1M	10x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0154%	1h	61.972	+0.005%	$694K	$1.0M	50x	as long as short
BloFin LTC-USDT	+0.0220%	8h	61.950	−0.031%	$4.8M	$11.7M	50x	as long as short
Reya LTCRUSDPERPshort	+0.0334%	1h	61.903	−0.106%	$8K	—	25x
Coinbase International LTC-PERP-INTX	+0.0760%	1h	62.110	+0.227%	$1.2M	$2.2M	50x	as long as short
dYdX LTC-USD	+0.0972%	1h	61.850	−0.192%	$435K	$8K	10x	as long as short