Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0140%/8h= +15.3% APRpaid last 24h −0.014%

Price spread now: HTX against Kraken Futures−0.020%7-day average −0.047% · you buy dearer than you sell

Net, funding: paid 7d − costs−$50as in the Funding arb table

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

costs, in and out, $10k−$460.461% of the position

Long on Kraken Futures Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.040%−$4 on $10k

Price spread, last 4 days (all we have)−0.011%−$1 · spread now −0.020%, 7d avg −0.047%

Together, before fees−0.051%−$5 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and HTX is 0.026% dearer against Kraken Futures than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.047%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_LTCUSD	60.652	−0.0040	get 0.0005% / 1h	38m 26s	$6.5M	$6.7M	50x
Short	HTX LTC-USDT	60.640	0.0100	get 0.0100% / 8h	7h 38m	$2.0M	$5.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now −0.020%Rate

Funding earned: $29.36
Price spread: −0.020% → −0.047%: $2.63
Slippage, 4 orders: −$24.1
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$14.12
Costs to cover: 0.461%
Break-even: 10.4 days

Slippage from Kraken Futures: live order book, 5 min ago; HTX: live order book, 1 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, 5 min ago	1.65 bp	10.7 bp −$11	14.6 bp −$146	71.2 bp −$7,115	doesn't fit
Sell HTX live order book, 1 min ago	1.65 bp	8.9 bp −$9	16.8 bp −$168	42.8 bp −$4,276	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
Kraken Futures PF_LTCUSDlong	−0.0040%	1h	60.652	long leg	$6.5M	$6.7M	50x
GMX LTC/USD [ETH-USDC]	L −0.0022% / S +0.0149%	1h	60.688	+0.058%	$76K	—	200x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.689	+0.061%	$344K	$4.4M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	60.708	+0.092%	$686K	$1.1M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0002%	1h	60.697	+0.074%	$25K	—	150x	as long as short
Variational Omni LTC	+0.0007%	8h	60.655	+0.004%	$3.6M	$2.7M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.169%	$5K	$22K	12x	as long as short
Gate LTC_USDT	+0.0091%	8h	60.660	+0.013%	$14.3M	$21.4M	75x	as long as short
Lighter LTC	+0.0096%	1h	60.661	+0.014%	$930K	$1.6M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.650	−0.004%	$13K	$91K	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	60.610	−0.069%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	60.620	−0.053%	$263K	$345K	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.728	+0.124%	$2.5M	$2.6M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.636	−0.027%	$530K	$82K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.662	+0.017%	$88.7M	$235.5M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.640	−0.020%	$77.1M	$61.5M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.660	+0.013%	$27.0M	$76.9M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.670	+0.029%	$57.0M	$36.1M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.670	+0.029%	$18.1M	$13.5M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.680	+0.046%	$31.3M	$23.0M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	60.660	+0.013%	—	$18.6M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.627	−0.042%	$142K	$279K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.692	+0.066%	$41K	$376K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.759	+0.175%	$345K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.710	+0.095%	$107K	$715K	50x	as long as short
Polymarket Perps LTC-USD	+0.0100%	1h	60.700	+0.079%	$82K	$732K	10x	as long as short
SunX LTC-USDT	+0.0100%	8h	60.740	+0.145%	$17K	$3.8M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.630	−0.037%	$162	$6K	10x	as long as short
HTX LTC-USDTshort	+0.0100%	8h	60.640	−0.020%	$2.0M	$5.1M	75x
Phemex LTCUSDT	+0.0100%	8h	60.660	+0.013%	$21.4M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.650	−0.004%	$681K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.660	+0.013%	$463K	—	3x	as long as short
Hyperliquid LTC	+0.0122%	1h	60.735	+0.136%	$38.2M	$25.7M	10x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.620	−0.053%	$4.2M	$12.6M	50x	as long as short
Reya LTCRUSDPERP	+0.0338%	1h	60.656	+0.006%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0632%	1h	60.850	+0.326%	$1.1M	$2.6M	50x	as long as short
dYdX LTC-USD	+0.0828%	1h	60.660	+0.012%	$426K	$6K	10x	as long as short