Funding arb · Price arb /

LTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0134%/8h= +14.7% APRpaid last 24h +0.005%

Price spread now: Deribit against MEXC+0.162%7-day average +0.032% · you sell dearer than you buy

Net, funding: paid 7d − costs−$29as in the Funding arb table

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

costs, in and out, $10k−$200.204% of the position

Long on MEXC Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.091%−$9 on $10k

Price spread, last 3 days (all we have)−0.118%−$12 · spread now +0.162%, 7d avg +0.032%

Together, before fees−0.209%−$21 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Deribit is 0.130% dearer against MEXC than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.032%. Mind the row above: over the last 7 days funding on this pair cost −0.091%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC LTC_USDT	61.850	0.0100	pay 0.0100% / 8h	1h 37m	$62.3M	$34.5M	200x
Short	Deribit LTC_USDC-PERPETUAL	61.950	0.0234	get 0.0029% / 1h	37m 51s	$694K	$1.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now +0.162%Rate

Funding earned: $28.14
Price spread: +0.162% → +0.032%: $12.98
Slippage, 4 orders: −$13.35
Fee MEXC: 0 bp × 2 orders: $0
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $20.77
Costs to cover: 0.204%
Break-even: 1.8 days

Slippage from MEXC: live order book, 1 min ago; Deribit: 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	2.42 bp	2.7 bp −$3	6.5 bp −$65	24.7 bp −$2,471	63.9 bp −$31.9K
Sell Deribit live order book, 1 min ago	1.62 bp	5.1 bp −$5	13.0 bp −$130	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
Variational Omni LTC	−0.0073%	8h	62.048	+0.320%	$3.6M	$4.0M	—	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0055% / S +0.0267%	1h	61.914	+0.104%	$112K	—	200x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.900	+0.081%	$333K	$4.1M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	61.919	+0.111%	$31K	—	150x	as long as short
Gate LTC_USDT	+0.0013%	8h	61.830	−0.032%	$12.8M	$21.0M	75x	as long as short
Polymarket Perps LTC-USD	+0.0015%	1h	61.878	+0.045%	$81K	$374K	10x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.044%	$5K	$22K	12x	as long as short
Kraken Futures PF_LTCUSD	+0.0087%	1h	61.908	+0.094%	$6.8M	$5.7M	50x	as long as short
Lighter LTC	+0.0096%	1h	61.933	+0.134%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	61.920	+0.113%	$12K	$212K	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	61.894	+0.071%	$16K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	61.910	+0.097%	$254K	$328K	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	61.901	+0.082%	$2.6M	$2.2M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.882	+0.051%	$541K	$84K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.840	−0.016%	$95.7M	$222.1M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	61.820	−0.049%	$78.3M	$59.6M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.830	−0.032%	$27.5M	$74.7M	50x	as long as short
MEXC LTC_USDTlong	+0.0100%	8h	61.850	long leg	$62.3M	$34.5M	200x
KuCoin LTCUSDTM	+0.0100%	8h	61.860	+0.016%	$18.7M	$12.4M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.830	−0.032%	$32.1M	$21.8M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	61.830	−0.032%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	61.830	−0.032%	$158K	$265K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	62.036	+0.302%	$42K	$346K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.969	+0.193%	$344K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	62.010	+0.259%	$104K	$711K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.930	+0.129%	$17K	$4.2M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.880	+0.049%	$637	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	61.910	+0.097%	$1.9M	$4.8M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.880	+0.049%	$22.2M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	61.829	−0.035%	$691K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.875	+0.040%	$472K	$499	3x	as long as short
Hyperliquid LTC	+0.0119%	1h	61.905	+0.089%	$38.0M	$23.1M	10x	as long as short
BloFin LTC-USDT	+0.0220%	8h	61.950	+0.162%	$4.8M	$11.7M	50x	as long as short
Deribit LTC_USDC-PERPETUALshort	+0.0234%	1h	61.950	+0.162%	$694K	$1.0M	50x
Reya LTCRUSDPERP	+0.0334%	1h	61.903	+0.086%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0760%	1h	62.050	+0.323%	$1.2M	$2.2M	50x	as long as short
dYdX LTC-USD	+0.0972%	1h	61.850	0.000%	$435K	$8K	10x	as long as short