Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0111%/8h= −12.1% APRpaid last 24h −0.004%

Price spread now: Binance against Kraken Futures−0.044%7-day average −0.006% · you buy dearer than you sell

Net, funding: paid 7d − costs−$47as in the Funding arb table

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

costs, in and out, $10k−$390.392% of the position

Long on Kraken Futures Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.080%−$8 on $10k

Price spread, last 3 days (all we have)+0.046%+$5 · spread now −0.044%, 7d avg −0.006%

Together, before fees−0.034%−$3 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.037% cheaper against Kraken Futures than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.006%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_LTCUSD	62.077	0.0211	pay 0.0026% / 1h	39m 42s	$6.9M	$5.8M	50x
Short	Binance LTCUSDT	62.050	0.0100	get 0.0100% / 8h	7h 39m	$95.6M	$222.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Kraken Futures. 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 Kraken FuturesbpFee BinancebpOrdersPrice spread, now −0.044%Rate

Funding earned: −$23.27
Price spread: −0.044% → −0.006%: −$3.75
Slippage, 4 orders: −$19.21
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$66.24
Costs to cover: 0.392%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 4 min ago; Binance: 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 Kraken Futures live order book, 4 min ago	4.03 bp	13.2 bp −$13	19.8 bp −$198	74.0 bp −$7,403	doesn't fit
Sell Binance live order book, 4 min ago	0.81 bp	6.2 bp −$6	10.2 bp −$102	30.8 bp −$3,082	111.5 bp −$55.7K

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	−0.0277%	1h	61.974	−0.166%	$85K	$370K	10x	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0178% / S +0.0351%	1h	62.045	−0.052%	$122K	—	200x	as long as short
Variational Omni LTC	−0.0048%	8h	62.105	+0.045%	$3.6M	$4.0M	—	as long as short
Kalshi KXLTCPERP	0.0000%	8h	62.060	−0.028%	$316K	$4.1M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	62.058	−0.031%	$31K	—	150x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0024%	1h	62.078	+0.001%	$712K	$1.1M	50x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.392%	$5K	$22K	12x	as long as short
Bybit LTCUSDT	+0.0072%	8h	62.040	−0.060%	$78.7M	$59.2M	75x	as long as short
Lighter LTC	+0.0096%	1h	62.127	+0.080%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0100%	8h	62.030	−0.076%	$12K	$213K	20x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex LTC-USD-PERP	+0.0100%	8h	62.027	−0.081%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	61.995	−0.132%	$266K	$320K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	62.112	+0.056%	$37.7M	$23.7M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	62.110	+0.053%	$2.7M	$2.3M	75x	as long as short
Pacifica LTC	+0.0100%	1h	62.052	−0.040%	$542K	$87K	10x	as long as short
Binance LTCUSDTshort	+0.0100%	8h	62.050	−0.044%	$95.6M	$222.6M	75x
OKX LTC-USDT-SWAP	+0.0100%	8h	62.030	−0.076%	$27.7M	$75.3M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	62.050	−0.044%	$13.0M	$20.8M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	62.040	−0.060%	$61.7M	$34.2M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	62.060	−0.028%	$19.2M	$12.7M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	62.050	−0.044%	$32.2M	$21.9M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	62.050	−0.044%	—	$37.8M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	62.020	−0.092%	$159K	$264K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	62.084	+0.011%	$42K	$356K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	62.130	+0.086%	$352K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	62.080	+0.004%	$118K	$708K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	62.120	+0.069%	$17K	$4.1M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	62.040	−0.060%	$639	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	62.000	−0.124%	$2.0M	$4.8M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	62.060	−0.028%	$22.2M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	62.022	−0.088%	$693K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	62.017	−0.098%	$474K	—	3x	as long as short
Kraken Futures PF_LTCUSDlong	+0.0211%	1h	62.077	long leg	$6.9M	$5.8M	50x
BloFin LTC-USDT	+0.0220%	8h	62.020	−0.092%	$4.8M	$11.7M	50x	as long as short
Reya LTCRUSDPERP	+0.0335%	1h	62.016	−0.099%	$8K	—	25x	as long as short
dYdX LTC-USD	+0.0757%	1h	62.060	−0.028%	$436K	$8K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0840%	1h	62.220	+0.230%	$1.2M	$2.3M	50x	as long as short