Funding arb · Price arb /

LTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.002%

Price spread now: Lighter against MEXC+0.151%7-day average +0.048% · you sell dearer than you buy

Net, funding: paid 7d − costs−$17as in the Funding arb table

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

costs, in and out, $10k−$170.172% of the position

Long on MEXC Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.003%$0 on $10k

Price spread, last 4 days (all we have)−0.091%−$9 · spread now +0.151%, 7d avg +0.048%

Together, before fees−0.088%+ Points / potential airdropLighter: Season 3 · farm board−$9 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: Lighter is 0.103% dearer against MEXC than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.048%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC LTC_USDT	62.330	0.0100	pay 0.0100% / 8h	7h 12m	$62.3M	$34.3M	200x
Short	Lighter LTC	62.424	0.0096	get 0.0012% / 1h	12m 47s	$1.3M	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now +0.151%Rate

Funding earned: −$0.84
Price spread: +0.151% → +0.048%: $10.25
Slippage, 4 orders: −$17.23
Fee MEXC: 0 bp × 2 orders: $0
Fee Lighter: 0 bp × 2 orders: $0
Net: −$7.82
Costs to cover: 0.172%
Break-even: never at this rate

Slippage from MEXC: live order book, 1 min ago; Lighter: 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 MEXC live order book, 1 min ago	1.60 bp	2.0 bp −$2	7.2 bp −$72	22.1 bp −$2,207	59.3 bp −$29.6K
Sell Lighter live order book, 3 min ago	2.33 bp	3.6 bp −$4	9.0 bp −$90	130.7 bp −$13.1K	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	−0.0277%	1h	62.282	−0.077%	$86K	$370K	10x	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0205% / S +0.0365%	1h	62.354	+0.038%	$123K	—	200x	as long as short
Variational Omni LTC	−0.0041%	8h	62.145	−0.296%	$3.7M	$2.6M	—	as long as short
Kalshi KXLTCPERP	0.0000%	8h	62.386	+0.090%	$316K	$4.1M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	62.358	+0.044%	$31K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.776%	$5K	$22K	12x	as long as short
Lighter LTCshort	+0.0096%	1h	62.424	+0.151%	$1.3M	$1.2M	10x
Orderly PERP_LTC_USDC	+0.0100%	8h	62.340	+0.016%	$12K	$212K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	62.338	+0.012%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	62.325	−0.008%	$267K	$313K	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster LTCUSDT	+0.0100%	8h	62.400	+0.112%	$2.7M	$2.3M	75x	as long as short
Pacifica LTC	+0.0100%	1h	62.356	+0.042%	$545K	$87K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	62.340	+0.016%	$96.0M	$220.8M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	62.310	−0.032%	$79.1M	$57.5M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	62.340	+0.016%	$27.8M	$75.0M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	62.340	+0.016%	$13.1M	$21.0M	75x	as long as short
MEXC LTC_USDTlong	+0.0100%	8h	62.330	long leg	$62.3M	$34.3M	200x
KuCoin LTCUSDTM	+0.0100%	8h	62.340	+0.016%	$19.2M	$12.6M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	62.340	+0.016%	$32.3M	$21.8M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	62.330	0.000%	—	$37.7M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	62.323	−0.011%	$159K	$263K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	62.229	−0.161%	$42K	$358K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	62.299	−0.050%	$344K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	62.270	−0.096%	$106K	$713K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	62.430	+0.160%	$18K	$4.0M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	62.340	+0.016%	$642	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	62.330	0.000%	$2.0M	$4.7M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	62.370	+0.064%	$22.3M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	62.294	−0.058%	$690K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	62.334	+0.006%	$476K	—	3x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0119%	1h	62.392	+0.099%	$716K	$1.1M	50x	as long as short
Hyperliquid LTC	+0.0154%	1h	62.421	+0.146%	$38.1M	$23.8M	10x	as long as short
Kraken Futures PF_LTCUSD	+0.0210%	1h	62.383	+0.085%	$6.9M	$5.8M	50x	as long as short
BloFin LTC-USDT	+0.0220%	8h	62.290	−0.064%	$4.9M	$11.9M	50x	as long as short
Reya LTCRUSDPERP	+0.0335%	1h	62.324	−0.010%	$8K	—	25x	as long as short
dYdX LTC-USD	+0.0590%	1h	62.350	+0.032%	$438K	$8K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0840%	1h	62.420	+0.144%	$1.2M	$2.2M	50x	as long as short