Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Phemex against HTX+0.048%7-day average +0.071% · you sell dearer than you buy

Net, funding: paid 7d − costs−$45as in the Funding arb table

Net, price: spread back to 7d avg − costs−$47as in the Price arb table

costs, in and out, $10k−$450.449% of the position

Long on HTX Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 3 days (all we have)+0.065%+$7 · spread now +0.048%, 7d avg +0.071%

Together, before fees+0.065%+$7 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.022% cheaper against HTX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.071%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX LTC-USDT	61.910	0.0100	pay 0.0100% / 8h	2h 45m	$1.9M	$4.9M	75x
Short	Phemex LTCUSDT	61.940	0.0100	get 0.0100% / 8h	2h 45m	$22.1M	$9.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex 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 PhemexbpOrdersPrice spread, now +0.048%Rate

Funding earned: $0
Price spread: +0.048% → +0.071%: −$2.23
Slippage, 4 orders: −$20.92
Fee HTX: 6 bp × 2 orders: −$12
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$47.15
Costs to cover: 0.449%
Break-even: never at this rate

Slippage from HTX: live order book, 4 min ago; Phemex: live order book, 4 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	3.23 bp	9.2 bp −$9	14.2 bp −$142	46.7 bp −$4,669	doesn't fit
Sell Phemex live order book, 4 min ago	3.23 bp	12.2 bp −$12	22.3 bp −$223	doesn't fit	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	−0.0384%	1h	61.886	−0.039%	$79K	$385K	10x	as long as short
Variational Omni LTC	−0.0090%	8h	61.915	+0.009%	$3.6M	$4.1M	—	as long as short
Backpack LTC_USDC_PERP	−0.0041%	1h	61.896	−0.023%	$161K	$268K	10x	as long as short
Gate LTC_USDT	−0.0039%	8h	61.890	−0.032%	$12.7M	$20.8M	75x	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0024% / S +0.0255%	1h	61.937	+0.043%	$128K	—	200x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.969	+0.095%	$345K	$4.0M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	61.963	+0.086%	$693K	$1.0M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	61.935	+0.040%	$31K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.136%	$5K	$22K	12x	as long as short
Bybit LTCUSDT	+0.0048%	8h	61.890	−0.032%	$78.3M	$59.5M	75x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter LTC	+0.0096%	1h	62.000	+0.145%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	61.920	+0.016%	$12K	$210K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	61.924	+0.022%	$16K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	61.910	0.000%	$255K	$324K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	61.969	+0.096%	$38.0M	$23.1M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	61.988	+0.126%	$2.6M	$2.1M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.930	+0.032%	$543K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.917	+0.011%	$96.0M	$220.5M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.900	−0.016%	$27.6M	$74.5M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.920	+0.016%	$61.4M	$34.9M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.910	0.000%	$18.7M	$12.1M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.890	−0.032%	$31.9M	$21.7M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	61.910	0.000%	—	$37.5M	—	as long as short
edgeX LTCUSDC	+0.0100%	4h	61.966	+0.091%	$42K	$344K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.940	+0.048%	$347K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.970	+0.097%	$103K	$710K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	62.030	+0.194%	$17K	$4.2M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.910	0.000%	$638	$5K	10x	as long as short
HTX LTC-USDTlong	+0.0100%	8h	61.910	long leg	$1.9M	$4.9M	75x
Phemex LTCUSDTshort	+0.0100%	8h	61.940	+0.048%	$22.1M	$9.0M	50x
Extended LTC-USD	+0.0104%	1h	61.897	−0.022%	$694K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.928	+0.028%	$473K	$499	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	61.940	+0.048%	$4.9M	$11.7M	50x	as long as short
Kraken Futures PF_LTCUSD	+0.0228%	1h	61.970	+0.097%	$6.8M	$5.9M	50x	as long as short
Reya LTCRUSDPERP	+0.0334%	1h	61.912	+0.004%	$8K	$199	25x	as long as short
dYdX LTC-USD	+0.0501%	1h	61.960	+0.081%	$435K	$8K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0712%	1h	62.110	+0.323%	$1.2M	$2.1M	50x	as long as short