Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0033%/8h= +3.6% APRpaid last 24h +0.042%

Price spread now: Deribit against Kalshi+0.030%7-day average +0.051% · you sell dearer than you buy

Net, funding: paid 7d − costs−$34as in the Funding arb table

Net, price: spread back to 7d avg − costs−$43as in the Price arb table

costs, in and out, $10k−$410.413% of the position

Long on Kalshi Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.075%+$7 on $10k

Price spread, last 4 days (all we have)−0.010%−$1 · spread now +0.030%, 7d avg +0.051%

Together, before fees+0.064%+$6 on $10k · with fees, hour by hour

Funding pays, the price is against you. Deribit is 0.021% cheaper against Kalshi than usual: you would sell low and buy high (spread +0.030% now, against its 7-day average of +0.051%). If the spread goes back, that is −$2 on $10k: about 2.1 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXLTCPERP	59.988	0	get 0.0000% / 8h	1h 30m	$352K	$4.0M	4x
Short	Deribit LTC_USDC-PERPETUAL	60.006	0.0033	get 0.0004% / 1h	30m 38s	$699K	$853K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Kalshi. 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 KalshibpFee DeribitbpOrdersPrice spread, now +0.030%Rate

Funding earned: $6.93
Price spread: +0.030% → +0.051%: −$2.09
Slippage, 4 orders: −$24.32
Fee Kalshi: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$36.48
Costs to cover: 0.413%
Break-even: 43.8 days

Slippage from Kalshi: live order book, 1 min ago; Deribit: live order book, 36 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 Kalshi live order book, 1 min ago	2.08 bp	13.5 bp −$14	20.2 bp −$202	doesn't fit	doesn't fit
Sell Deribit live order book, 36 min ago	3.31 bp	8.3 bp −$8	59.8 bp −$598	doesn't fit	doesn't fit

LTC on 37 exchanges

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	−0.0391%	1h	59.908	−0.133%	$59K	$573K	10x	as long as short
Kraken Futures PF_LTCUSD	−0.0093%	1h	59.983	−0.008%	$6.4M	$6.1M	50x	as long as short
Variational Omni LTC	−0.0016%	8h	59.951	−0.062%	$3.5M	$1.2M	—	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0003% / S +0.0121%	1h	59.978	−0.017%	$74K	—	200x	as long as short
Kalshi KXLTCPERPlong	0.0000%	8h	59.988	long leg	$352K	$4.0M	4x
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0002%	1h	59.951	−0.061%	$25K	—	150x	as long as short
Deribit LTC_USDC-PERPETUALshort	+0.0033%	1h	60.006	+0.030%	$699K	$853K	50x
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−2.097%	$5K	$22K	12x	as long as short
Bybit LTCUSDT	+0.0079%	8h	59.950	−0.063%	$77.4M	$57.5M	75x	as long as short
Lighter LTC	+0.0096%	1h	59.996	+0.013%	$922K	$1.5M	10x	as long as short

Show all 37 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_LTC_USDC	+0.0099%	8h	59.970	−0.030%	$12K	$70K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	59.937	−0.085%	$14K	$12K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	59.950	−0.063%	$251K	$333K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	60.019	+0.052%	$37.3M	$24.4M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	59.984	−0.006%	$2.5M	$2.5M	75x	as long as short
Pacifica LTC	+0.0100%	1h	59.974	−0.024%	$524K	$78K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	59.964	−0.040%	$87.0M	$214.5M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	59.960	−0.047%	$26.5M	$69.1M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	59.930	−0.097%	$14.8M	$21.3M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	59.960	−0.047%	$56.7M	$35.9M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	59.980	−0.013%	$18.1M	$13.0M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	59.950	−0.063%	$30.7M	$20.1M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	59.960	−0.047%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	59.961	−0.045%	$154K	$257K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	59.883	−0.174%	$40K	$359K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	59.963	−0.042%	$332K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	59.960	−0.047%	$82K	$714K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	60.050	+0.103%	$17K	$3.2M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	59.970	−0.030%	$161	$6K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	59.930	−0.097%	$2.0M	$4.7M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	59.990	+0.003%	$21.1M	$8.6M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	59.941	−0.078%	$673K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	59.955	−0.055%	$458K	—	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	59.960	−0.047%	$4.2M	$12.3M	50x	as long as short
Reya LTCRUSDPERP	+0.0339%	1h	59.946	−0.070%	$8K	—	25x	as long as short
dYdX LTC-USD	+0.0424%	1h	59.976	−0.020%	$421K	$2K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0616%	1h	59.880	−0.180%	$1.0M	$2.2M	50x	as long as short