Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.002%

Price spread now: edgeX against Lighter+0.169%7-day average −0.064% · you sell dearer than you buy

Net, funding: paid 7d − costs−$28as in the Funding arb table

Net, price: spread back to 7d avg − costs−$9as in the Price arb table

costs, in and out, $10k−$330.325% of the position

Long on Lighter Short on edgeX

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)−0.072%−$7 · spread now +0.169%, 7d avg −0.064%

Together, before fees−0.024%+ Points / potential airdropLighter: Season 3 · edgeX: Active · farm board−$2 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: edgeX is 0.233% dearer against Lighter than usual: you sell high and buy low, +$23 on $10k if it goes back to its 7-day average of −0.064%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter LTC	60.757	0.0096	pay 0.0012% / 1h	10m 48s	$934K	$1.7M	10x
Short	edgeX LTCUSDC	60.860	0.0100	get 0.0050% / 4h	3h 10m	$41K	$374K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.169%Rate

Funding earned: $0.84
Price spread: +0.169% → −0.064%: $23.33
Slippage, 4 orders: −$23.53
Fee Lighter: 0 bp × 2 orders: $0
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$8.35
Costs to cover: 0.325%
Break-even: 76.6 days

Slippage from Lighter: live order book, 6 min ago; edgeX: live order book, 43 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, 6 min ago	2.30 bp	6.1 bp −$6	14.7 bp −$147	126.7 bp −$12.7K	doesn't fit
Sell edgeX live order book, 43 min ago	6.53 bp	11.3 bp −$11	17.9 bp −$179	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	60.738	−0.031%	$102K	—	200x	as long as short
Polymarket Perps LTC-USD	−0.0226%	1h	60.710	−0.077%	$93K	$612K	10x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.796	+0.064%	$337K	$4.3M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	60.765	+0.013%	$687K	$1.1M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	60.742	−0.024%	$30K	—	150x	as long as short
Variational Omni LTC	+0.0025%	8h	60.724	−0.055%	$3.6M	$2.6M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.336%	$5K	$22K	12x	as long as short
Lighter LTClong	+0.0096%	1h	60.757	long leg	$934K	$1.7M	10x
Orderly PERP_LTC_USDC	+0.0099%	8h	60.740	−0.028%	$13K	$143K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.760	+0.005%	$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	60.740	−0.028%	$264K	$334K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	60.760	+0.005%	$38.0M	$26.2M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.719	−0.063%	$2.5M	$2.5M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.780	+0.039%	$531K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.688	−0.114%	$89.4M	$232.8M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.670	−0.143%	$77.0M	$62.0M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.660	−0.160%	$26.8M	$76.4M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.670	−0.143%	$12.8M	$22.1M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.700	−0.094%	$57.7M	$35.6M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.720	−0.061%	$18.1M	$13.1M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.670	−0.143%	$31.1M	$23.1M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	60.690	−0.110%	—	$38.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.718	−0.064%	$145K	$276K	10x	as long as short
edgeX LTCUSDCshort	+0.0100%	4h	60.860	+0.169%	$41K	$374K	20x
GRVT LTC_USDT_Perp	+0.0100%	8h	60.868	+0.183%	$345K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.900	+0.235%	$107K	$716K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	60.820	+0.104%	$17K	$3.9M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.730	−0.044%	$163	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.730	−0.044%	$2.0M	$5.0M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.740	−0.028%	$21.5M	$8.9M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.673	−0.139%	$675K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.727	−0.050%	$464K	—	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.760	+0.005%	$4.7M	$12.3M	50x	as long as short
Kraken Futures PF_LTCUSD	+0.0231%	1h	60.735	−0.036%	$6.6M	$6.5M	50x	as long as short
dYdX LTC-USD	+0.0237%	1h	60.788	+0.052%	$427K	$7K	10x	as long as short
Reya LTCRUSDPERP	+0.0337%	1h	60.721	−0.060%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0792%	1h	60.850	+0.153%	$1.1M	$2.4M	50x	as long as short