Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0111%/8h= +12.2% APRpaid last 24h +0.002%

Price spread now: Kraken Futures against OKX+0.080%7-day average +0.040% · you sell dearer than you buy

Net, funding: paid 7d − costs−$43as in the Funding arb table

Net, price: spread back to 7d avg − costs−$45as in the Price arb table

costs, in and out, $10k−$490.490% of the position

Long on OKX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.062%+$6 on $10k

Price spread, last 3 days (all we have)−0.053%−$5 · spread now +0.080%, 7d avg +0.040%

Together, before fees+0.009%+$1 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Kraken Futures is 0.040% dearer against OKX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.040%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX LTC-USDT-SWAP	61.930	0.0100	pay 0.0100% / 8h	7h 57m	$27.6M	$75.3M	50x
Short	Kraken Futures PF_LTCUSD	61.979	0.0211	get 0.0026% / 1h	57m 43s	$6.8M	$5.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.080%Rate

Funding earned: $23.34
Price spread: +0.080% → +0.040%: $3.99
Slippage, 4 orders: −$29.03
Fee OKX: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$21.69
Costs to cover: 0.490%
Break-even: 13.5 days

Slippage from OKX: live order book, 1 min ago; Kraken Futures: 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 OKX live order book, 1 min ago	0.81 bp	7.8 bp −$8	13.9 bp −$139	54.3 bp −$5,429	doesn't fit
Sell Kraken Futures live order book, 1 min ago	4.03 bp	18.1 bp −$18	24.4 bp −$244	87.5 bp −$8,749	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	−0.0223%	1h	61.877	−0.086%	$85K	$374K	10x	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0158% / S +0.0341%	1h	61.953	+0.036%	$122K	—	200x	as long as short
Variational Omni LTC	−0.0048%	8h	61.987	+0.091%	$3.6M	$4.0M	—	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.956	+0.042%	$313K	$4.2M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	61.959	+0.047%	$31K	—	150x	as long as short
Gate LTC_USDT	+0.0016%	8h	61.940	+0.016%	$13.0M	$20.7M	75x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.167%	$5K	$22K	12x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0041%	1h	61.972	+0.068%	$710K	$1.1M	50x	as long as short
SoDEX LTC-USD	+0.0082%	1h	61.930	0.000%	$638	$5K	10x	as long as short
Lighter LTC	+0.0096%	1h	62.010	+0.129%	$1.3M	$1.2M	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_LTC_USDC	+0.0100%	8h	61.930	0.000%	$12K	$213K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	61.925	−0.008%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	61.935	+0.008%	$264K	$322K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	62.005	+0.121%	$37.6M	$23.8M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	62.007	+0.124%	$2.7M	$2.3M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.950	+0.032%	$542K	$87K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.931	+0.002%	$95.8M	$223.4M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	61.920	−0.016%	$78.6M	$59.6M	75x	as long as short
OKX LTC-USDT-SWAPlong	+0.0100%	8h	61.930	long leg	$27.6M	$75.3M	50x
MEXC LTC_USDT	+0.0100%	8h	61.920	−0.016%	$61.7M	$34.1M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.950	+0.032%	$19.1M	$12.7M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.940	+0.016%	$32.2M	$22.0M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	61.940	+0.016%	—	$37.8M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	61.933	+0.005%	$159K	$266K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	62.000	+0.114%	$42K	$358K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	62.034	+0.168%	$342K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	62.050	+0.194%	$118K	$708K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	62.020	+0.145%	$18K	$4.1M	30x	as long as short
HTX LTC-USDT	+0.0100%	8h	61.960	+0.048%	$1.9M	$4.8M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.970	+0.065%	$22.2M	$9.2M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	61.924	−0.010%	$693K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.959	+0.048%	$473K	—	3x	as long as short
Kraken Futures PF_LTCUSDshort	+0.0211%	1h	61.979	+0.080%	$6.8M	$5.8M	50x
BloFin LTC-USDT	+0.0220%	8h	61.960	+0.048%	$4.8M	$11.9M	50x	as long as short
Reya LTCRUSDPERP	+0.0335%	1h	61.912	−0.029%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0840%	1h	62.110	+0.291%	$1.2M	$2.3M	50x	as long as short
dYdX LTC-USD	+0.1483%	1h	61.936	+0.010%	$435K	$8K	10x	as long as short