Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0873%/8h= +95.6% APRpaid last 24h +0.169%

Price spread now: dYdX against HTX−0.024%7-day average +0.025% · you buy dearer than you sell

Net, funding: paid 7d − costs+$10as in the Funding arb table

Net, price: spread back to 7d avg − costs−$77as in the Price arb table

costs, in and out, $10k−$720.720% of the position

Long on HTX Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.820%+$82 on $10k

Price spread, last 3 days (all we have)+0.066%+$7 · spread now −0.024%, 7d avg +0.025%

Together, before fees+0.886%+$89 on $10k · with fees, hour by hour

Funding pays, the price is against you. dYdX is 0.050% cheaper against HTX than usual: you would sell low and buy high (spread −0.024% now, against its 7-day average of +0.025%). If the spread goes back, that is −$5 on $10k: about 5 hours of funding at the current rate (+$26 a day). At the pace of the last 7 days (+0.820% in total) that is about 10 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX LTC-USDT	61.520	0.0100	pay 0.0100% / 8h	1h 11m	$1.9M	$4.8M	75x
Short	dYdX LTC-USD	61.505	0.0973	get 0.0122% / 1h	11m 17s	$432K	$8K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against HTX. 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 HTXbpFee dYdXbpOrdersPrice spread, now −0.024%Rate

Funding earned: $183.28
Price spread: −0.024% → +0.025%: −$4.98
Slippage, 4 orders: −$50.02
Fee HTX: 6 bp × 2 orders: −$12
Fee dYdX: 5 bp × 2 orders: −$10
Net: $106.28
Costs to cover: 0.720%
Break-even: 2.9 days

Slippage from HTX: live order book, 3 min ago; dYdX: live order book, 8 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 HTX live order book, 3 min ago	1.63 bp	9.1 bp −$9	15.5 bp −$155	46.4 bp −$4,637	doesn't fit
Sell dYdX live order book, 8 min ago	20.25 bp	25.3 bp −$25	67.4 bp −$674	113.7 bp −$11.4K	142.9 bp −$71.5K

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 −0.0077% / S +0.0279%	1h	61.499	−0.034%	$112K	—	200x	as long as short
Variational Omni LTC	−0.0062%	8h	61.507	−0.021%	$3.6M	$4.0M	—	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.546	+0.042%	$339K	$4.1M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	61.508	−0.019%	$30K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−4.535%	$5K	$22K	12x	as long as short
Gate LTC_USDT	+0.0048%	8h	61.510	−0.016%	$12.9M	$21.3M	75x	as long as short
Polymarket Perps LTC-USD	+0.0080%	1h	61.473	−0.076%	$85K	$378K	10x	as long as short
Kraken Futures PF_LTCUSD	+0.0087%	1h	61.514	−0.010%	$6.8M	$5.8M	50x	as long as short
Lighter LTC	+0.0096%	1h	61.595	+0.122%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0100%	8h	61.510	−0.016%	$12K	$213K	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	61.506	−0.023%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	61.510	−0.016%	$253K	$321K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	61.548	+0.046%	$37.3M	$23.8M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	61.560	+0.065%	$2.6M	$2.2M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.524	+0.007%	$538K	$84K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.510	−0.016%	$95.3M	$222.5M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	61.490	−0.049%	$78.0M	$59.7M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.480	−0.065%	$27.4M	$74.6M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.510	−0.016%	$61.4M	$34.9M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.520	0.000%	$19.0M	$12.6M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.490	−0.049%	$31.9M	$22.0M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	61.520	0.000%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	61.493	−0.044%	$158K	$266K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	61.506	−0.023%	$42K	$355K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.510	−0.016%	$351K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.510	−0.016%	$103K	$708K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.600	+0.130%	$17K	$4.2M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.510	−0.016%	$634	$5K	10x	as long as short
HTX LTC-USDTlong	+0.0100%	8h	61.520	long leg	$1.9M	$4.8M	75x
Phemex LTCUSDT	+0.0100%	8h	61.550	+0.049%	$22.0M	$9.1M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	61.477	−0.069%	$685K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.502	−0.030%	$470K	$499	3x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0189%	1h	61.533	+0.021%	$693K	$1.1M	50x	as long as short
BloFin LTC-USDT	+0.0220%	8h	61.470	−0.081%	$4.8M	$11.7M	50x	as long as short
Reya LTCRUSDPERP	+0.0334%	1h	61.485	−0.057%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0760%	1h	61.720	+0.325%	$1.2M	$2.2M	50x	as long as short
dYdX LTC-USDshort	+0.0973%	1h	61.505	−0.024%	$432K	$8K	10x