Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0083%/8h= +9.1% APRpaid last 24h +0.011%

Price spread now: Kraken Futures against HTX+0.086%7-day average +0.047% · you sell dearer than you buy

Net, funding: paid 7d − costs−$44as in the Funding arb table

Net, price: spread back to 7d avg − costs−$44as in the Price arb table

costs, in and out, $10k−$480.478% of the position

Long on HTX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.041%+$4 on $10k

Price spread, last 4 days (all we have)−0.053%−$5 · spread now +0.086%, 7d avg +0.047%

Together, before fees−0.012%−$1 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Kraken Futures is 0.039% dearer against HTX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.047%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX LTC-USDT	60.620	0.0100	pay 0.0100% / 8h	0m 42s	$2.0M	$5.1M	75x
Short	Kraken Futures PF_LTCUSD	60.672	0.0183	get 0.0023% / 1h	0m 42s	$6.5M	$6.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.086%Rate

Funding earned: $17.52
Price spread: +0.086% → +0.047%: $3.87
Slippage, 4 orders: −$25.83
Fee HTX: 6 bp × 2 orders: −$12
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$26.44
Costs to cover: 0.478%
Break-even: 17.6 days

Slippage from HTX: live order book, 3 min ago; Kraken Futures: live order book, 3 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	1.65 bp	8.9 bp −$9	14.8 bp −$148	48.5 bp −$4,852	doesn't fit
Sell Kraken Futures live order book, 3 min ago	0.82 bp	15.3 bp −$15	19.1 bp −$191	69.6 bp −$6,963	doesn't fit

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	−0.0049%	1h	60.659	+0.064%	$82K	$732K	10x	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0025% / S +0.0154%	1h	60.683	+0.104%	$76K	—	200x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.673	+0.087%	$344K	$4.4M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0002%	1h	60.699	+0.130%	$25K	—	150x	as long as short
Variational Omni LTC	+0.0010%	8h	60.617	−0.005%	$3.6M	$2.7M	—	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0030%	1h	60.693	+0.120%	$685K	$1.1M	50x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.118%	$5K	$22K	12x	as long as short
Lighter LTC	+0.0096%	1h	60.687	+0.111%	$930K	$1.7M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.650	+0.049%	$13K	$98K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.642	+0.036%	$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	60.680	+0.099%	$263K	$344K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	60.714	+0.155%	$38.2M	$26.5M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.679	+0.098%	$2.5M	$2.6M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.658	+0.063%	$530K	$82K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.649	+0.047%	$89.0M	$235.9M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.640	+0.033%	$77.1M	$61.7M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.650	+0.049%	$26.9M	$77.0M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.660	+0.066%	$14.2M	$22.2M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.650	+0.049%	$56.4M	$36.4M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.680	+0.099%	$18.0M	$13.5M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.660	+0.066%	$31.3M	$23.0M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	60.640	+0.033%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.682	+0.102%	$142K	$277K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.672	+0.086%	$41K	$377K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.730	+0.181%	$334K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.710	+0.148%	$107K	$714K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	60.720	+0.165%	$17K	$3.8M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.650	+0.049%	$163	$5K	10x	as long as short
HTX LTC-USDTlong	+0.0100%	8h	60.620	long leg	$2.0M	$5.1M	75x
Phemex LTCUSDT	+0.0100%	8h	60.690	+0.115%	$21.4M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.645	+0.042%	$680K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.647	+0.044%	$463K	—	3x	as long as short
Kraken Futures PF_LTCUSDshort	+0.0183%	1h	60.672	+0.086%	$6.5M	$6.6M	50x
BloFin LTC-USDT	+0.0220%	8h	60.650	+0.049%	$4.2M	$12.5M	50x	as long as short
dYdX LTC-USD	+0.0230%	1h	60.672	+0.085%	$426K	$6K	10x	as long as short
Reya LTCRUSDPERP	+0.0338%	1h	60.692	+0.119%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0680%	1h	60.770	+0.247%	$1.1M	$2.6M	50x	as long as short