Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0301%/8h= −33.0% APRpaid last 24h −0.070%

Price spread now: Polymarket Perps against Kalshi−0.181%7-day average −0.033% · you buy dearer than you sell

Net, funding: paid 7d − costs−$49as in the Funding arb table

Net, price: spread back to 7d avg − costs−$59as in the Price arb table

costs, in and out, $10k−$440.438% of the position

Long on Kalshi Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.051%−$5 on $10k

Price spread, last 3 days (all we have)+0.077%+$8 · spread now −0.181%, 7d avg −0.033%

Together, before fees+0.026%+$3 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Polymarket Perps is 0.148% cheaper against Kalshi than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.033%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.051% in total (about -2.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXLTCPERP	62.433	0	get 0.0000% / 8h	6h 24m	$348K	$4.0M	4x
Short	Polymarket Perps LTC-USD	62.320	−0.0301	pay 0.0038% / 1h	24m 12s	$79K	$371K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now −0.181%Rate

Funding earned: −$63.29
Price spread: −0.181% → −0.033%: −$14.84
Slippage, 4 orders: −$25.8
Fee Kalshi: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$121.93
Costs to cover: 0.438%
Break-even: never at this rate

Slippage from Kalshi: live order book, 4 min ago; Polymarket Perps: live order book, 63 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, 4 min ago	2.09 bp	13.2 bp −$13	20.1 bp −$201	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 63 min ago	3.75 bp	12.0 bp −$12	12.3 bp −$123	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-USDshort	−0.0301%	1h	62.320	−0.181%	$79K	$371K	10x
Variational Omni LTC	−0.0084%	8h	62.333	−0.160%	$3.6M	$4.0M	—	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0028% / S +0.0258%	1h	62.381	−0.083%	$129K	—	200x	as long as short
Gate LTC_USDT	−0.0026%	8h	62.360	−0.117%	$12.8M	$20.9M	75x	as long as short
Kalshi KXLTCPERPlong	0.0000%	8h	62.433	long leg	$348K	$4.0M	4x
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	62.415	−0.029%	$698K	$1.0M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	62.383	−0.080%	$31K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.931%	$5K	$22K	12x	as long as short
Backpack LTC_USDC_PERP	+0.0049%	1h	62.360	−0.117%	$161K	$268K	10x	as long as short
Bybit LTCUSDT	+0.0071%	8h	62.360	−0.117%	$79.0M	$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	62.462	+0.046%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	62.380	−0.085%	$12K	$212K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	62.370	−0.101%	$16K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	62.355	−0.125%	$256K	$326K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	62.437	+0.006%	$38.3M	$23.0M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	62.430	−0.005%	$2.6M	$2.1M	75x	as long as short
Pacifica LTC	+0.0100%	1h	62.381	−0.083%	$546K	$84K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	62.382	−0.082%	$96.5M	$221.5M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	62.370	−0.101%	$27.8M	$75.2M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	62.380	−0.085%	$61.9M	$35.3M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	62.360	−0.117%	$18.8M	$12.1M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	62.370	−0.101%	$32.4M	$21.8M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	62.370	−0.101%	—	$6.5M	—	as long as short
edgeX LTCUSDC	+0.0100%	4h	62.273	−0.256%	$42K	$345K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	62.289	−0.231%	$344K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	62.310	−0.197%	$104K	$711K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	62.470	+0.059%	$17K	$4.2M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	62.380	−0.085%	$643	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	62.350	−0.133%	$1.9M	$4.9M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	62.400	−0.053%	$22.3M	$9.1M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	62.364	−0.111%	$694K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	62.385	−0.077%	$476K	$499	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	62.310	−0.197%	$4.9M	$11.8M	50x	as long as short
Kraken Futures PF_LTCUSD	+0.0226%	1h	62.422	−0.018%	$6.9M	$5.8M	50x	as long as short
Reya LTCRUSDPERP	+0.0334%	1h	62.359	−0.118%	$8K	$199	25x	as long as short
dYdX LTC-USD	+0.0520%	1h	62.369	−0.103%	$438K	$8K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0712%	1h	62.350	−0.133%	$1.2M	$2.1M	50x	as long as short