Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0102%/8h= −11.2% APRpaid last 24h −0.005%

Price spread now: Gate against Lighter−0.158%7-day average −0.064% · you buy dearer than you sell

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$380.385% of the position

Long on Lighter Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.007%−$1 on $10k

Price spread, last 4 days (all we have)+0.117%+$12 · spread now −0.158%, 7d avg −0.064%

Together, before fees+0.110%+ Points / potential airdropLighter: Season 3 · farm board+$11 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.094% cheaper against Lighter than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.064%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter LTC	61.928	0.0096	pay 0.0012% / 1h	51m 24s	$1.3M	$1.2M	10x
Short	Gate LTC_USDT	61.830	−0.0006	pay 0.0006% / 8h	1h 51m	$12.7M	$20.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.158%Rate

Funding earned: −$21.42
Price spread: −0.158% → −0.064%: −$9.43
Slippage, 4 orders: −$23.46
Fee Lighter: 0 bp × 2 orders: $0
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$69.31
Costs to cover: 0.385%
Break-even: never at this rate

Slippage from Lighter: live order book, 5 min ago; Gate: live order book, 2 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	3.06 bp	5.8 bp −$6	14.4 bp −$144	128.9 bp −$12.9K	doesn't fit
Sell Gate live order book, 2 min ago	1.62 bp	12.6 bp −$13	22.0 bp −$220	44.3 bp −$4,435	56.4 bp −$28.2K

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	−0.0080%	1h	61.824	−0.168%	$81K	$374K	10x	as long as short
Variational Omni LTC	−0.0076%	8h	61.960	+0.051%	$3.6M	$4.0M	—	as long as short
Backpack LTC_USDC_PERP	−0.0056%	1h	61.854	−0.119%	$159K	$265K	10x	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0035% / S +0.0264%	1h	61.879	−0.080%	$128K	—	200x	as long as short
Gate LTC_USDTshort	−0.0006%	8h	61.830	−0.158%	$12.7M	$20.8M	75x
Kalshi KXLTCPERP	0.0000%	8h	61.885	−0.069%	$331K	$4.1M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	61.889	−0.063%	$31K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.164%	$5K	$22K	12x	as long as short
Kraken Futures PF_LTCUSD	+0.0087%	1h	61.911	−0.027%	$6.8M	$5.7M	50x	as long as short
Lighter LTClong	+0.0096%	1h	61.928	long leg	$1.3M	$1.2M	10x

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_LTC_USDC	+0.0099%	8h	61.890	−0.061%	$12K	$212K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	61.843	−0.137%	$16K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	61.850	−0.126%	$254K	$329K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	61.919	−0.015%	$38.0M	$23.1M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	61.900	−0.045%	$2.6M	$2.2M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.863	−0.105%	$541K	$84K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.884	−0.071%	$95.8M	$222.2M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	61.860	−0.110%	$78.3M	$59.7M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.840	−0.142%	$27.4M	$74.8M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.870	−0.094%	$60.3M	$34.2M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.850	−0.126%	$18.7M	$12.2M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.850	−0.126%	$32.1M	$21.8M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	61.860	−0.110%	—	$6.5M	—	as long as short
edgeX LTCUSDC	+0.0100%	4h	61.884	−0.071%	$42K	$346K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.887	−0.067%	$343K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.920	−0.013%	$103K	$712K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.980	+0.084%	$18K	$4.2M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.870	−0.094%	$637	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	61.820	−0.174%	$1.9M	$4.8M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.880	−0.078%	$22.2M	$9.1M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	61.821	−0.173%	$691K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.886	−0.068%	$473K	$499	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	61.870	−0.094%	$4.8M	$11.7M	50x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0299%	1h	61.921	−0.011%	$693K	$1.0M	50x	as long as short
Reya LTCRUSDPERP	+0.0334%	1h	61.851	−0.124%	$8K	—	25x	as long as short
dYdX LTC-USD	+0.0741%	1h	61.874	−0.088%	$435K	$8K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0760%	1h	62.000	+0.116%	$1.2M	$2.2M	50x	as long as short