Funding arb · Price arb /

LTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Phemex against KuCoin+0.032%7-day average +0.036% · you sell dearer than you buy

Net, funding: paid 7d − costs−$59as in the Funding arb table

Net, price: spread back to 7d avg − costs−$60as in the Price arb table

costs, in and out, $10k−$600.598% of the position

Long on KuCoin Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days+0.004%$0 on $10k

Price spread, last 3 days (all we have)−0.018%−$2 · spread now +0.032%, 7d avg +0.036%

Together, before fees−0.014%−$1 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin LTCUSDTM	62.190	0.0100	pay 0.0100% / 8h	7h 08m	$19.2M	$12.7M	75x
Short	Phemex LTCUSDT	62.210	0.0100	get 0.0100% / 8h	7h 08m	$22.2M	$9.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex against KuCoin. 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 KuCoinbpFee PhemexbpOrdersPrice spread, now +0.032%Rate

Funding earned: $0
Price spread: +0.032% → +0.036%: −$0.37
Slippage, 4 orders: −$35.76
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$60.13
Costs to cover: 0.598%
Break-even: never at this rate

Slippage from KuCoin: live order book, 6 min ago; Phemex: 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 KuCoin live order book, 6 min ago	0.80 bp	18.1 bp −$18	39.1 bp −$391	177.6 bp −$17.8K	doesn't fit
Sell Phemex live order book, 6 min ago	1.60 bp	10.8 bp −$11	18.0 bp −$180	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-USD	−0.0286%	1h	62.128	−0.100%	$86K	$370K	10x	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0210% / S +0.0368%	1h	62.199	+0.014%	$123K	—	200x	as long as short
Variational Omni LTC	−0.0041%	8h	62.165	−0.041%	$3.7M	$2.6M	—	as long as short
Kalshi KXLTCPERP	0.0000%	8h	62.220	+0.048%	$316K	$4.1M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	62.219	+0.047%	$714K	$1.1M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	62.197	+0.011%	$31K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.564%	$5K	$22K	12x	as long as short
Lighter LTC	+0.0096%	1h	62.264	+0.119%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0100%	8h	62.170	−0.032%	$12K	$212K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	62.145	−0.072%	$14K	$10K	20x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado LTC-PERP	+0.0100%	1h	62.200	+0.016%	$266K	$313K	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	62.248	+0.093%	$2.7M	$2.3M	75x	as long as short
Pacifica LTC	+0.0100%	1h	62.189	−0.001%	$544K	$86K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	62.139	−0.082%	$95.7M	$220.8M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	62.150	−0.064%	$78.9M	$57.4M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	62.130	−0.096%	$27.7M	$74.7M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	62.140	−0.080%	$13.0M	$21.0M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	62.140	−0.080%	$62.0M	$34.4M	200x	as long as short
KuCoin LTCUSDTMlong	+0.0100%	8h	62.190	long leg	$19.2M	$12.7M	75x
Bitget LTCUSDT	+0.0100%	8h	62.130	−0.096%	$32.1M	$21.8M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	62.150	−0.064%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	62.138	−0.084%	$159K	$263K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	62.205	+0.024%	$42K	$356K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	62.321	+0.211%	$351K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	62.240	+0.080%	$106K	$714K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	62.280	+0.145%	$17K	$4.0M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	62.180	−0.016%	$640	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	62.170	−0.032%	$2.0M	$4.8M	75x	as long as short
Phemex LTCUSDTshort	+0.0100%	8h	62.210	+0.032%	$22.2M	$9.0M	50x
Extended LTC-USD	+0.0104%	1h	62.121	−0.111%	$690K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	62.168	−0.036%	$475K	—	3x	as long as short
Hyperliquid LTC	+0.0152%	1h	62.221	+0.050%	$38.0M	$23.8M	10x	as long as short
Kraken Futures PF_LTCUSD	+0.0210%	1h	62.226	+0.057%	$6.9M	$5.8M	50x	as long as short
BloFin LTC-USDT	+0.0220%	8h	62.280	+0.145%	$4.9M	$11.9M	50x	as long as short
Reya LTCRUSDPERP	+0.0335%	1h	62.161	−0.047%	$8K	—	25x	as long as short
dYdX LTC-USD	+0.0584%	1h	62.170	−0.032%	$437K	$8K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0840%	1h	62.420	+0.370%	$1.2M	$2.2M	50x	as long as short