Funding arb · Price arb /

LTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0007%/8h= −0.8% APRpaid last 24h −0.004%

Price spread now: Gate against Nado−0.024%7-day average +0.002% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$47as in the Price arb table

costs, in and out, $10k−$440.441% of the position

Long on Nado Short on Gate

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.015%−$1 on $10k

Price spread, last 3 days (all we have)−0.037%−$4 · spread now −0.024%, 7d avg +0.002%

Together, before fees−0.052%+ Points / potential airdropNado: Active · farm board−$5 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: Gate is 0.026% cheaper against Nado than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado LTC-PERP	61.945	0.0100	pay 0.0012% / 1h	31m 55s	$264K	$323K	10x
Short	Gate LTC_USDT	61.930	0.0093	get 0.0093% / 8h	31m 55s	$13.0M	$21.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Nado. 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 NadobpFee GatebpOrdersPrice spread, now −0.024%Rate

Funding earned: −$1.47
Price spread: −0.024% → +0.002%: −$2.61
Slippage, 4 orders: −$22.06
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$48.14
Costs to cover: 0.441%
Break-even: never at this rate

Slippage from Nado: live order book, 46 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 Nado live order book, 46 min ago	0.73 bp	6.6 bp −$7	27.3 bp −$273	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	1.61 bp	12.5 bp −$12	19.4 bp −$194	37.4 bp −$3,738	51.3 bp −$25.7K

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 −0.0108% / S +0.0296%	1h	61.970	+0.040%	$113K	—	200x	as long as short
Variational Omni LTC	−0.0043%	8h	61.908	−0.060%	$3.6M	$4.0M	—	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.987	+0.068%	$314K	$4.2M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	61.979	+0.055%	$31K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.190%	$5K	$22K	12x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0057%	1h	62.000	+0.089%	$700K	$1.1M	50x	as long as short
Polymarket Perps LTC-USD	+0.0076%	1h	61.921	−0.039%	$85K	$378K	10x	as long as short
Gate LTC_USDTshort	+0.0093%	8h	61.930	−0.024%	$13.0M	$21.3M	75x
Orderly PERP_LTC_USDC	+0.0100%	8h	61.960	+0.024%	$12K	$213K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	61.948	+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-PERPlong	+0.0100%	1h	61.945	long leg	$264K	$323K	10x
Hyperliquid LTC	+0.0100%	1h	61.972	+0.044%	$37.6M	$23.8M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	62.040	+0.153%	$2.6M	$2.3M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.956	+0.017%	$542K	$87K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.930	−0.024%	$96.0M	$223.0M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	61.910	−0.057%	$78.5M	$59.7M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.920	−0.040%	$27.6M	$75.4M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.940	−0.008%	$61.8M	$34.1M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.960	+0.024%	$19.1M	$12.6M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.930	−0.024%	$32.1M	$22.1M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	61.930	−0.024%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	61.942	−0.005%	$159K	$266K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	61.967	+0.036%	$42K	$356K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.940	−0.008%	$350K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.910	−0.057%	$118K	$713K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	62.040	+0.153%	$17K	$4.1M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.950	+0.008%	$638	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	61.940	−0.008%	$1.9M	$4.9M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.970	+0.040%	$22.2M	$9.1M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	61.914	−0.050%	$688K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.955	+0.016%	$473K	$499	3x	as long as short
Lighter LTC	+0.0160%	1h	62.033	+0.142%	$1.3M	$1.2M	10x	as long as short
BloFin LTC-USDT	+0.0220%	8h	61.960	+0.024%	$4.9M	$11.8M	50x	as long as short
Reya LTCRUSDPERP	+0.0335%	1h	61.943	−0.003%	$8K	—	25x	as long as short
Kraken Futures PF_LTCUSD	+0.0433%	1h	61.983	+0.061%	$6.8M	$5.8M	50x	as long as short
dYdX LTC-USD	+0.0809%	1h	61.972	+0.043%	$436K	$8K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0848%	1h	62.220	+0.444%	$1.2M	$2.3M	50x	as long as short