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= −12.2% APRpaid last 24h −0.004%

Price spread now: MEXC against Kraken Futures−0.079%51s7-day average −0.013% · you buy dearer than you sell

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$310.306% of the position

Long on Kraken Futures Short on MEXC

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)+0.057%+$6 · spread now −0.079%, 7d avg −0.013%

Together, before fees−0.023%−$2 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 MEXC is 0.066% cheaper against Kraken Futures than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.013%). Swap the legs. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_LTCUSD	62.029	0.0211	pay 0.0026% / 1h	38m 20s	$6.9M	$5.8M	50x
Short	MEXC LTC_USDT	61.980	0.0100	get 0.0100% / 8h	7h 38m	$61.7M	$34.2M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.079%Rate

Funding earned: −$23.31
Price spread: −0.079% → −0.013%: −$6.6
Slippage, 4 orders: −$20.57
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: −$60.48
Costs to cover: 0.306%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 6 min ago; MEXC: live order book, 6 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, 6 min ago	4.03 bp	13.2 bp −$13	19.8 bp −$198	74.0 bp −$7,403	doesn't fit
Sell MEXC live order book, 6 min ago	1.61 bp	2.0 bp −$2	6.3 bp −$63	22.4 bp −$2,244	62.3 bp −$31.1K

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	−0.0280%	1h	61.900	−0.208%	$85K	$370K	10x	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0180% / S +0.0352%	1h	61.965	−0.103%	$122K	—	200x	as long as short
Variational Omni LTC	−0.0048%	8h	62.105	+0.123%	$3.6M	$4.0M	—	as long as short
Kalshi KXLTCPERP	0.0000%	8h	62.074	+0.073%	$316K	$4.1M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	62.036	+0.012%	$712K	$1.1M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	61.978	−0.082%	$31K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.318%	$5K	$22K	12x	as long as short
Bybit LTCUSDT	+0.0076%	8h	61.940	−0.143%	$78.6M	$59.1M	75x	as long as short
Lighter LTC	+0.0096%	1h	62.067	+0.062%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0100%	8h	61.980	−0.079%	$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	61.958	−0.114%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	61.965	−0.103%	$265K	$320K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	62.020	−0.015%	$37.6M	$23.7M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	62.061	+0.052%	$2.7M	$2.3M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.983	−0.074%	$542K	$87K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.950	−0.127%	$95.4M	$222.4M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.940	−0.143%	$27.6M	$75.1M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	61.970	−0.095%	$13.0M	$20.8M	75x	as long as short
MEXC LTC_USDTshort	+0.0100%	8h	61.980	−0.079%	$61.7M	$34.2M	200x
KuCoin LTCUSDTM	+0.0100%	8h	62.000	−0.046%	$19.1M	$12.7M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	62.000	−0.046%	$32.2M	$21.9M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	61.950	−0.127%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	61.994	−0.056%	$158K	$264K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	62.060	+0.051%	$42K	$356K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	62.130	+0.164%	$352K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	62.080	+0.083%	$118K	$706K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	62.110	+0.131%	$18K	$4.1M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.990	−0.063%	$638	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	62.030	+0.002%	$2.0M	$4.8M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	62.020	−0.014%	$22.2M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	61.937	−0.148%	$693K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.940	−0.143%	$473K	—	3x	as long as short
Kraken Futures PF_LTCUSDlong	+0.0211%	1h	62.029	long leg	$6.9M	$5.8M	50x
BloFin LTC-USDT	+0.0220%	8h	62.050	+0.034%	$4.8M	$11.7M	50x	as long as short
Reya LTCRUSDPERP	+0.0335%	1h	61.936	−0.150%	$8K	—	25x	as long as short
dYdX LTC-USD	+0.0752%	1h	62.020	−0.014%	$436K	$8K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0840%	1h	62.220	+0.308%	$1.2M	$2.3M	50x	as long as short