Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0580%/8h= +63.5% APRpaid last 24h +0.173%

Price spread now: Coinbase International against MEXC+0.033%7-day average +0.122% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$290.292% of the position

Long on MEXC Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.509%+$51 on $10k

Price spread, last 4 days (all we have)+0.065%+$6 · spread now +0.033%, 7d avg +0.122%

Together, before fees+0.574%+$57 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.089% cheaper against MEXC than usual: you would sell low and buy high (spread +0.033% now, against its 7-day average of +0.122%). If the spread goes back, that is −$9 on $10k: about 12 hours of funding at the current rate (+$17 a day). At the pace of the last 7 days (+0.509% in total) that is about 29 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC LTC_USDT	60.780	0.0100	pay 0.0100% / 8h	42m 55s	$57.0M	$36.2M	200x
Short	Coinbase International LTC-PERP-INTX	60.800	0.0680	get 0.0085% / 1h	42m 55s	$1.1M	$2.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against MEXC. 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 MEXCbpFee Coinbase InternationalbpOrdersPrice spread, now +0.033%Rate

Funding earned: $121.8
Price spread: +0.033% → +0.122%: −$8.9
Slippage, 4 orders: −$19.2
Fee MEXC: 0 bp × 2 orders: $0
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $83.7
Costs to cover: 0.292%
Break-even: 2.2 days

Slippage from MEXC: live order book, 1 min ago; Coinbase International: live order book, 1 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 MEXC live order book, 1 min ago	0.82 bp	2.2 bp −$2	7.3 bp −$73	23.6 bp −$2,358	59.5 bp −$29.7K
Sell Coinbase International live order book, 1 min ago	4.92 bp	13.4 bp −$13	18.9 bp −$189	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	−0.0038%	1h	60.789	+0.015%	$82K	$740K	10x	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0032% / S +0.0163%	1h	60.808	+0.045%	$76K	—	200x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.822	+0.069%	$333K	$4.3M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	60.825	+0.074%	$688K	$1.1M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0002%	1h	60.795	+0.024%	$25K	—	150x	as long as short
Variational Omni LTC	+0.0024%	8h	60.773	−0.011%	$3.6M	$2.7M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.373%	$5K	$22K	12x	as long as short
dYdX LTC-USD	+0.0081%	1h	60.800	+0.033%	$427K	$6K	10x	as long as short
Lighter LTC	+0.0096%	1h	60.818	+0.063%	$931K	$1.7M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.770	−0.016%	$13K	$113K	20x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex LTC-USD-PERP	+0.0100%	8h	60.802	+0.037%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	60.780	0.000%	$265K	$341K	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.810	+0.049%	$2.5M	$2.6M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.808	+0.045%	$532K	$82K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.766	−0.022%	$89.2M	$234.8M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.750	−0.049%	$77.0M	$61.3M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.760	−0.033%	$26.9M	$76.5M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.770	−0.016%	$13.9M	$22.1M	75x	as long as short
MEXC LTC_USDTlong	+0.0100%	8h	60.780	long leg	$57.0M	$36.2M	200x
KuCoin LTCUSDTM	+0.0100%	8h	60.800	+0.033%	$18.3M	$13.4M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.790	+0.016%	$31.2M	$22.8M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	60.770	−0.016%	—	$18.6M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.802	+0.036%	$141K	$269K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.830	+0.082%	$41K	$377K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.770	−0.017%	$337K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.760	−0.033%	$107K	$713K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	60.890	+0.181%	$17K	$3.8M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.780	0.000%	$163	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.750	−0.049%	$1.9M	$5.0M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.810	+0.049%	$21.4M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.754	−0.043%	$684K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.785	+0.008%	$464K	—	3x	as long as short
Kraken Futures PF_LTCUSD	+0.0183%	1h	60.806	+0.043%	$6.6M	$6.6M	50x	as long as short
Hyperliquid LTC	+0.0185%	1h	60.865	+0.140%	$38.3M	$26.4M	10x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.780	0.000%	$4.2M	$12.6M	50x	as long as short
Reya LTCRUSDPERP	+0.0338%	1h	60.795	+0.025%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTXshort	+0.0680%	1h	60.800	+0.033%	$1.1M	$2.5M	50x