Funding arb · Price arb /

LTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0117%/8h= −12.8% APRpaid last 24h −0.045%

Price spread now: Variational Omni against Injective+6.151%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Variational Omni

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 airdropVariational Omni: Active · farm boardneeds both histories

The price spread pays, funding is against you. Variational Omni is 6.151% dearer against Injective than usual: you sell high and buy low (spread +6.151% now, against zero (this spread has no 7-day history yet)): +$615 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 6 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective LTC/USDC PERP	58.730	0.0033	pay 0.0004% / 1h	15m 11s	$5K	$22K	12x
Short	Variational Omni LTC	62.342	−0.0083	pay 0.0083% / 8h	2h 15m	$3.6M	$4.0M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Injective. 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 InjectivebpFee Variational OmnibpOrdersPrice spread, now +6.151%Rate

Funding earned: −$24.51
Price spread: +6.151% → 0.000%: $615.05
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $590.52
Costs to cover: 0.000%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; Variational Omni: RFQ quote, 4 min ago. 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 Injective no order-book sample	—	—	—	—	—
Sell Variational Omni RFQ quote, 4 min ago	3.50 bp	doesn't fit	16.3 bp −$163	doesn't fit	doesn't fit

Injective: 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
Polymarket Perps LTC-USD	−0.0311%	1h	62.261	+6.012%	$79K	$371K	10x	as long as short
Variational Omni LTCshort	−0.0083%	8h	62.342	+6.151%	$3.6M	$4.0M	—
GMX LTC/USD [ETH-USDC]	L −0.0030% / S +0.0260%	1h	62.321	+6.115%	$129K	—	200x	as long as short
Gate LTC_USDT	−0.0028%	8h	62.290	+6.062%	$12.8M	$20.9M	75x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	62.346	+6.157%	$331K	$4.0M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	62.368	+6.194%	$698K	$1.0M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	62.333	+6.134%	$31K	—	150x	as long as short
Injective LTC/USDC PERPlong	+0.0033%	1h	58.730	long leg	$5K	$22K	12x
Backpack LTC_USDC_PERP	+0.0045%	1h	62.299	+6.077%	$160K	$268K	10x	as long as short
Bybit LTCUSDT	+0.0086%	8h	62.290	+6.062%	$78.9M	$59.7M	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	62.403	+6.254%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	62.320	+6.113%	$12K	$212K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	62.384	+6.222%	$16K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	62.310	+6.096%	$253K	$327K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	62.392	+6.235%	$38.3M	$23.1M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	62.395	+6.241%	$2.6M	$2.1M	75x	as long as short
Pacifica LTC	+0.0100%	1h	62.370	+6.199%	$546K	$84K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	62.310	+6.096%	$96.5M	$221.4M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	62.320	+6.113%	$27.8M	$75.2M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	62.310	+6.096%	$61.2M	$35.3M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	62.330	+6.130%	$18.8M	$12.1M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	62.310	+6.096%	$32.3M	$21.8M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	62.310	+6.096%	—	$37.5M	—	as long as short
edgeX LTCUSDC	+0.0100%	4h	62.363	+6.185%	$42K	$347K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	62.371	+6.199%	$345K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	62.400	+6.249%	$104K	$711K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	62.430	+6.300%	$18K	$4.2M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	62.310	+6.096%	$642	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	62.260	+6.011%	$1.9M	$4.9M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	62.340	+6.147%	$22.3M	$9.1M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	62.312	+6.099%	$694K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	62.336	+6.141%	$476K	$499	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	62.340	+6.147%	$4.9M	$11.8M	50x	as long as short
Kraken Futures PF_LTCUSD	+0.0226%	1h	62.358	+6.177%	$6.9M	$5.8M	50x	as long as short
Reya LTCRUSDPERP	+0.0334%	1h	62.292	+6.065%	$8K	—	25x	as long as short
dYdX LTC-USD	+0.0536%	1h	62.354	+6.170%	$438K	$8K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0712%	1h	62.510	+6.436%	$1.2M	$2.1M	50x	as long as short