Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0128%/8h= +14.0% APRpaid last 24h +0.128%

Price spread now: dYdX against OKX−0.014%7-day average +0.023% · you buy dearer than you sell

Net, funding: paid 7d − costs−$258as in the Funding arb table

Net, price: spread back to 7d avg − costs−$348as in the Price arb table

costs, in and out, $10k−$3443.441% of the position

Long on OKX Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.858%+$86 on $10k

Price spread, last 4 days (all we have)+0.055%+$6 · spread now −0.014%, 7d avg +0.023%

Together, before fees+0.913%+$91 on $10k · with fees, hour by hour

Funding pays, the price is against you. dYdX is 0.037% cheaper against OKX than usual: you would sell low and buy high (spread −0.014% now, against its 7-day average of +0.023%). If the spread goes back, that is −$4 on $10k: about 23 hours of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.858% in total) that is about 7 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX LTC-USDT-SWAP	60.680	0.0100	pay 0.0100% / 8h	7h 59m	$26.9M	$77.0M	50x
Short	dYdX LTC-USD	60.672	0.0228	get 0.0029% / 1h	59m 42s	$426K	$6K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against OKX. 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 OKXbpFee dYdXbpOrdersPrice spread, now −0.014%Rate

Funding earned: $26.93
Price spread: −0.014% → +0.023%: −$3.67
Slippage, 4 orders: −$324.12
Fee OKX: 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$320.86
Costs to cover: 3.441%
Break-even: 90.4 days

Slippage from OKX: live order book, 4 min ago; dYdX: live order book, 39 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 OKX live order book, 4 min ago	0.82 bp	9.3 bp −$9	13.4 bp −$134	47.1 bp −$4,713	doesn't fit
Sell dYdX live order book, 39 min ago	26.31 bp	175.1 bp −$175	189.3 bp −$1,893	262.9 bp −$26.3K	712.4 bp −$356.2K

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	−0.0040%	1h	60.680	0.000%	$82K	$732K	10x	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0025% / S +0.0154%	1h	60.664	−0.027%	$76K	—	200x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.684	+0.007%	$344K	$4.4M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	60.697	+0.028%	$686K	$1.1M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0002%	1h	60.677	−0.006%	$25K	—	150x	as long as short
Variational Omni LTC	+0.0010%	8h	60.617	−0.104%	$3.6M	$2.7M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.214%	$5K	$22K	12x	as long as short
Lighter LTC	+0.0096%	1h	60.700	+0.033%	$930K	$1.6M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.630	−0.082%	$13K	$98K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.673	−0.012%	$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-PERP	+0.0100%	1h	60.650	−0.049%	$263K	$344K	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.712	+0.053%	$2.5M	$2.6M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.689	+0.015%	$531K	$82K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.677	−0.004%	$89.0M	$235.8M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.670	−0.016%	$77.1M	$61.7M	75x	as long as short
OKX LTC-USDT-SWAPlong	+0.0100%	8h	60.680	long leg	$26.9M	$77.0M	50x
Gate LTC_USDT	+0.0100%	8h	60.680	0.000%	$14.2M	$21.4M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.670	−0.016%	$56.4M	$36.0M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.690	+0.016%	$18.0M	$13.5M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.700	+0.033%	$31.3M	$23.0M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	60.690	+0.016%	—	$18.6M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.669	−0.018%	$142K	$277K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.672	−0.013%	$41K	$377K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.730	+0.082%	$334K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.710	+0.049%	$107K	$714K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	60.720	+0.066%	$17K	$3.8M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.650	−0.049%	$163	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.640	−0.066%	$2.0M	$5.1M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.680	0.000%	$21.4M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.656	−0.040%	$680K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.647	−0.054%	$463K	—	3x	as long as short
Kraken Futures PF_LTCUSD	+0.0183%	1h	60.678	−0.003%	$6.5M	$6.6M	50x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.650	−0.049%	$4.2M	$12.5M	50x	as long as short
dYdX LTC-USDshort	+0.0228%	1h	60.672	−0.014%	$426K	$6K	10x
Hyperliquid LTC	+0.0311%	1h	60.750	+0.115%	$38.2M	$26.5M	10x	as long as short
Reya LTCRUSDPERP	+0.0338%	1h	60.642	−0.062%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0680%	1h	60.770	+0.148%	$1.1M	$2.6M	50x	as long as short