Funding arb · Price arb /

LTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.006%

Price spread now: Aster against Lighter−0.042%7-day average +0.023% · you buy dearer than you sell

Net, funding: paid 7d − costs−$31as in the Funding arb table

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$340.336% of the position

Long on Lighter Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.027%+$3 on $10k

Price spread, last 7 days−0.002%$0 · spread now −0.042%, 7d avg +0.023%

Together, before fees+0.026%+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm board+$3 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.065% cheaper against Lighter than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.023%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter LTC	61.018	0.0096	pay 0.0012% / 1h	32m 52s	$941K	$1.6M	10x
Short	Aster LTCUSDT	60.992	0.0100	get 0.0100% / 8h	3h 32m	$2.6M	$2.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Lighter. 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 LighterbpFee AsterbpOrdersPrice spread, now −0.042%Rate

Funding earned: $0.84
Price spread: −0.042% → +0.023%: −$6.54
Slippage, 4 orders: −$25.6
Fee Lighter: 0 bp × 2 orders: $0
Fee Aster: 4 bp × 2 orders: −$8
Net: −$39.3
Costs to cover: 0.336%
Break-even: 334.5 days

Slippage from Lighter: live order book, 4 min ago; Aster: 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 Lighter live order book, 4 min ago	1.88 bp	5.2 bp −$5	15.4 bp −$154	128.5 bp −$12.9K	doesn't fit
Sell Aster live order book, 6 min ago	3.27 bp	10.9 bp −$11	19.2 bp −$192	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
GMX LTC/USD [ETH-USDC]	L −0.0254% / S +0.0399%	1h	60.997	−0.035%	$103K	—	200x	as long as short
Polymarket Perps LTC-USD	−0.0251%	1h	60.949	−0.113%	$93K	$612K	10x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.016	−0.003%	$347K	$4.3M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	61.000	−0.029%	$30K	—	150x	as long as short
Variational Omni LTC	+0.0027%	8h	61.034	+0.027%	$3.6M	$2.6M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.750%	$5K	$22K	12x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0078%	1h	61.024	+0.010%	$690K	$1.1M	50x	as long as short
Lighter LTClong	+0.0096%	1h	61.018	long leg	$941K	$1.6M	10x
Orderly PERP_LTC_USDC	+0.0099%	8h	61.000	−0.029%	$13K	$144K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.982	−0.060%	$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	60.975	−0.070%	$268K	$332K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	61.056	+0.062%	$37.3M	$25.3M	10x	as long as short
Aster LTCUSDTshort	+0.0100%	8h	60.992	−0.042%	$2.6M	$2.6M	75x
Pacifica LTC	+0.0100%	1h	60.990	−0.046%	$533K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.980	−0.062%	$90.0M	$232.3M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.970	−0.079%	$77.5M	$61.6M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.990	−0.046%	$26.9M	$76.4M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.980	−0.062%	$12.8M	$21.9M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.980	−0.062%	$58.0M	$35.4M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.980	−0.062%	$18.2M	$13.1M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.980	−0.062%	$31.4M	$22.9M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	60.990	−0.046%	—	$38.4M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.985	−0.054%	$147K	$278K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	61.044	+0.043%	$41K	$375K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.049	+0.052%	$345K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.110	+0.151%	$107K	$717K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.050	+0.052%	$17K	$3.9M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.990	−0.046%	$163	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.960	−0.095%	$2.0M	$5.0M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.020	+0.003%	$21.6M	$8.9M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.957	−0.099%	$679K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.000	−0.030%	$466K	—	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	61.010	−0.013%	$4.7M	$12.3M	50x	as long as short
Kraken Futures PF_LTCUSD	+0.0230%	1h	61.014	−0.007%	$6.7M	$6.3M	50x	as long as short
dYdX LTC-USD	+0.0243%	1h	60.989	−0.047%	$429K	$8K	10x	as long as short
Reya LTCRUSDPERP	+0.0337%	1h	60.975	−0.071%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0792%	1h	61.120	+0.167%	$1.1M	$2.4M	50x	as long as short