Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.002%

Price spread now: BingX against Lighter−0.081%7-day average −0.066% · you buy dearer than you sell

Net, funding: paid 7d − costs−$22as in the Funding arb table

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$270.273% of the position

Long on Lighter Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.048%+$5 on $10k

Price spread, last 4 days (all we have)+0.012%+$1 · spread now −0.081%, 7d avg −0.066%

Together, before fees+0.060%+ Points / potential airdropLighter: Season 3 · farm board+$6 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter LTC	61.490	0.0096	pay 0.0012% / 1h	30m 56s	$1.3M	$1.2M	10x
Short	BingX LTC-USDT	61.440	0.0100	get 0.0100% / 8h	6h 30m	—	$37.7M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now −0.081%Rate

Funding earned: $0.84
Price spread: −0.081% → −0.066%: −$1.55
Slippage, 4 orders: −$17.3
Fee Lighter: 0 bp × 2 orders: $0
Fee BingX: 5 bp × 2 orders: −$10
Net: −$28.01
Costs to cover: 0.273%
Break-even: 240.4 days

Slippage from Lighter: live order book, 5 min ago; BingX: 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 Lighter live order book, 5 min ago	4.39 bp	9.7 bp −$10	19.0 bp −$190	doesn't fit	doesn't fit
Sell BingX live order book, 3 min ago	0.81 bp	6.6 bp −$7	8.6 bp −$86	14.4 bp −$1,443	34.8 bp −$17.4K

LTC on 36 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	−0.0254%	1h	61.399	−0.148%	$79K	$382K	10x	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0219% / S +0.0358%	1h	61.449	−0.066%	$112K	—	200x	as long as short
Variational Omni LTC	−0.0034%	8h	61.425	−0.105%	$3.6M	$2.6M	—	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.478	−0.020%	$289K	$4.2M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0005%	1h	61.452	−0.062%	$20K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−4.489%	$5K	$22K	12x	as long as short
Kraken Futures PF_LTCUSD	+0.0049%	1h	61.445	−0.073%	$6.8M	$5.8M	50x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0075%	1h	61.476	−0.023%	$701K	$1.1M	50x	as long as short
Lighter LTClong	+0.0096%	1h	61.490	long leg	$1.3M	$1.2M	10x
Orderly PERP_LTC_USDC	+0.0100%	8h	61.460	−0.049%	$13K	$214K	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex LTC-USD-PERP	+0.0100%	8h	61.440	−0.082%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	61.440	−0.081%	$274K	$313K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	61.445	−0.073%	$37.3M	$23.9M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	61.488	−0.003%	$2.6M	$2.3M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.454	−0.058%	$537K	$85K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.430	−0.098%	$93.6M	$220.5M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	61.420	−0.114%	$78.2M	$57.7M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.430	−0.098%	$27.2M	$74.5M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	61.430	−0.098%	$12.9M	$20.7M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.430	−0.098%	$60.0M	$34.4M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.440	−0.081%	$18.5M	$13.0M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.430	−0.098%	$31.5M	$21.3M	75x	as long as short
BingX LTC-USDTshort	+0.0100%	8h	61.440	−0.081%	—	$37.7M	—
Backpack LTC_USDC_PERP	+0.0100%	1h	61.414	−0.124%	$156K	$274K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	61.349	−0.230%	$41K	$374K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.360	−0.211%	$339K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.370	−0.195%	$103K	$715K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.570	+0.130%	$17K	$3.9M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.410	−0.130%	$165	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	61.390	−0.163%	$1.9M	$4.8M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.430	−0.098%	$21.9M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	61.419	−0.115%	$679K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.435	−0.089%	$469K	—	3x	as long as short
dYdX LTC-USD	+0.0256%	1h	61.478	−0.020%	$432K	$8K	10x	as long as short
Reya LTCRUSDPERP	+0.0336%	1h	61.451	−0.063%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0808%	1h	61.610	+0.195%	$1.2M	$2.2M	50x	as long as short