Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0036%/8h= +3.9% APRpaid last 24h +0.002%

Price spread now: Lighter against HTX+0.162%7-day average +0.077% · you sell dearer than you buy

Net, funding: paid 7d − costs−$36as in the Funding arb table

Net, price: spread back to 7d avg − costs−$22as in the Price arb table

costs, in and out, $10k−$310.309% of the position

Long on HTX Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days−0.048%−$5 on $10k

Price spread, last 3 days (all we have)−0.119%−$12 · spread now +0.162%, 7d avg +0.077%

Together, before fees−0.167%+ Points / potential airdropLighter: Season 3 · farm board−$17 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.085% dearer against HTX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.077%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX LTC-USDT	61.900	0.0100	pay 0.0100% / 8h	29m 58s	$1.9M	$4.9M	75x
Short	Lighter LTC	62.000	0.0136	get 0.0017% / 1h	29m 58s	$1.3M	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now +0.162%Rate

Funding earned: $7.56
Price spread: +0.162% → +0.077%: $8.48
Slippage, 4 orders: −$18.9
Fee HTX: 6 bp × 2 orders: −$12
Fee Lighter: 0 bp × 2 orders: $0
Net: −$14.87
Costs to cover: 0.309%
Break-even: 20.8 days

Slippage from HTX: live order book, 4 min ago; Lighter: live order book, 1 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, 4 min ago	2.42 bp	10.2 bp −$10	19.4 bp −$194	76.6 bp −$7,660	doesn't fit
Sell Lighter live order book, 1 min ago	4.43 bp	6.1 bp −$6	10.8 bp −$108	125.0 bp −$12.5K	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
GMX LTC/USD [ETH-USDC]	L −0.0110% / S +0.0297%	1h	61.939	+0.063%	$113K	—	200x	as long as short
Variational Omni LTC	−0.0041%	8h	61.898	−0.003%	$3.6M	$4.0M	—	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.949	+0.079%	$314K	$4.2M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	61.940	+0.065%	$31K	—	150x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0024%	1h	61.961	+0.099%	$699K	$1.1M	50x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.121%	$5K	$22K	12x	as long as short
Polymarket Perps LTC-USD	+0.0064%	1h	61.884	−0.026%	$85K	$378K	10x	as long as short
Gate LTC_USDT	+0.0090%	8h	61.930	+0.048%	$13.0M	$21.3M	75x	as long as short
Orderly PERP_LTC_USDC	+0.0100%	8h	61.940	+0.065%	$12K	$213K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	61.880	−0.032%	$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	61.910	+0.016%	$264K	$323K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	61.977	+0.124%	$37.6M	$23.8M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	61.990	+0.145%	$2.6M	$2.3M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.900	0.000%	$541K	$87K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.924	+0.039%	$96.0M	$223.0M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	61.900	0.000%	$78.5M	$59.7M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.910	+0.016%	$27.6M	$75.4M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.930	+0.048%	$61.8M	$34.1M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.940	+0.065%	$19.1M	$12.6M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.930	+0.048%	$32.1M	$22.1M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	61.910	+0.016%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	61.898	−0.003%	$159K	$267K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	61.958	+0.093%	$42K	$357K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.960	+0.097%	$350K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	62.010	+0.178%	$118K	$712K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.970	+0.113%	$17K	$4.1M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.920	+0.032%	$638	$5K	10x	as long as short
HTX LTC-USDTlong	+0.0100%	8h	61.900	long leg	$1.9M	$4.9M	75x
Phemex LTCUSDT	+0.0100%	8h	61.950	+0.081%	$22.2M	$9.1M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	61.909	+0.014%	$688K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.929	+0.046%	$473K	$499	3x	as long as short
Lighter LTCshort	+0.0136%	1h	62.000	+0.162%	$1.3M	$1.2M	10x
BloFin LTC-USDT	+0.0220%	8h	61.950	+0.081%	$4.9M	$11.8M	50x	as long as short
Reya LTCRUSDPERP	+0.0335%	1h	61.913	+0.021%	$8K	—	25x	as long as short
Kraken Futures PF_LTCUSD	+0.0433%	1h	61.955	+0.088%	$6.8M	$5.8M	50x	as long as short
dYdX LTC-USD	+0.0808%	1h	61.940	+0.065%	$435K	$8K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0848%	1h	62.220	+0.517%	$1.2M	$2.3M	50x	as long as short