Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0088%/8h= +9.7% APRpaid last 24h −0.009%

Price spread now: OKX against Kraken Futures+0.056%7-day average −0.039% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$420.422% of the position

Long on Kraken Futures Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.082%−$8 on $10k

Price spread, last 4 days (all we have)−0.083%−$8 · spread now +0.056%, 7d avg −0.039%

Together, before fees−0.165%−$16 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and OKX is 0.095% dearer against Kraken Futures than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.039%. Mind the row above: over the last 7 days funding on this pair cost −0.082%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_LTCUSD	60.756	0.0012	pay 0.0001% / 1h	35m 44s	$6.6M	$6.5M	50x
Short	OKX LTC-USDT-SWAP	60.790	0.0100	get 0.0100% / 8h	2h 35m	$26.8M	$76.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.056%Rate

Funding earned: $18.57
Price spread: +0.056% → −0.039%: $9.45
Slippage, 4 orders: −$22.16
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$14.14
Costs to cover: 0.422%
Break-even: 12.3 days

Slippage from Kraken Futures: live order book, 3 min ago; OKX: live order book, 3 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, 3 min ago	4.12 bp	11.7 bp −$12	14.2 bp −$142	65.0 bp −$6,495	doesn't fit
Sell OKX live order book, 3 min ago	0.82 bp	9.5 bp −$9	15.2 bp −$152	48.7 bp −$4,869	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
GMX LTC/USD [ETH-USDC]	L −0.0229% / S +0.0381%	1h	60.741	−0.025%	$96K	—	200x	as long as short
Polymarket Perps LTC-USD	−0.0157%	1h	60.711	−0.074%	$88K	$646K	10x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.735	−0.035%	$336K	$4.3M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0002%	1h	60.747	−0.016%	$25K	—	150x	as long as short
Kraken Futures PF_LTCUSDlong	+0.0012%	1h	60.756	long leg	$6.6M	$6.5M	50x
Variational Omni LTC	+0.0028%	8h	60.716	−0.067%	$3.6M	$2.6M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.335%	$5K	$22K	12x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0063%	1h	60.775	+0.031%	$687K	$1.1M	50x	as long as short
Lighter LTC	+0.0096%	1h	60.839	+0.136%	$935K	$1.7M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.740	−0.027%	$13K	$137K	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	60.740	−0.027%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	60.737	−0.031%	$264K	$333K	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.808	+0.085%	$2.5M	$2.5M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.750	−0.010%	$531K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.800	+0.072%	$89.3M	$232.9M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.800	+0.072%	$77.0M	$61.6M	75x	as long as short
OKX LTC-USDT-SWAPshort	+0.0100%	8h	60.790	+0.056%	$26.8M	$76.2M	50x
Gate LTC_USDT	+0.0100%	8h	60.790	+0.056%	$13.1M	$22.1M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.790	+0.056%	$56.8M	$35.7M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.800	+0.072%	$18.0M	$13.1M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.790	+0.056%	$31.2M	$22.9M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	60.790	+0.056%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.753	−0.005%	$145K	$270K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.536	−0.362%	$41K	$374K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.572	−0.304%	$341K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.550	−0.339%	$106K	$715K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	60.820	+0.105%	$17K	$3.9M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.740	−0.027%	$163	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.730	−0.043%	$2.0M	$5.0M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.760	+0.006%	$21.5M	$8.9M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.759	+0.005%	$672K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.735	−0.035%	$464K	—	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.710	−0.076%	$4.7M	$12.4M	50x	as long as short
Hyperliquid LTC	+0.0286%	1h	60.874	+0.194%	$38.0M	$26.1M	10x	as long as short
Reya LTCRUSDPERP	+0.0337%	1h	60.716	−0.066%	$8K	—	25x	as long as short
dYdX LTC-USD	+0.0382%	1h	60.740	−0.027%	$427K	$7K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0728%	1h	60.840	+0.138%	$1.1M	$2.5M	50x	as long as short