Funding arb · Price arb /

LTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC+0.0613%/8h= +67.1% APRpaid last 24h +0.132%

Price spread now: Coinbase International against Orderly+0.290%7-day average +0.131% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Orderly Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.464%+$46 on $10k

Price spread, last 3 days (all we have)−0.290%−$29 · spread now +0.290%, 7d avg +0.131%

Together, before fees+0.173%+$17 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Coinbase International is 0.160% dearer against Orderly than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.131%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_LTC_USDC	61.990	0.0099	pay 0.0099% / 8h	2h 49m	$12K	$211K	20x
Short	Coinbase International LTC-PERP-INTX	62.170	0.0712	get 0.0089% / 1h	49m 34s	$1.2M	$2.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Orderly. 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 OrderlybpFee Coinbase InternationalbpOrdersPrice spread, now +0.290%Rate

Funding earned: $128.68
Price spread: +0.290% → +0.131%: $15.96
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $128.64
Costs to cover: 0.160%
Break-even: 0.0 days

Slippage unknown: Orderly: no order-book sample; Coinbase International: live order book, 4 min ago. Net counts fees only.

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 Orderly no order-book sample	—	—	—	—	—
Sell Coinbase International live order book, 4 min ago	4.01 bp	12.4 bp −$12	16.0 bp −$160	doesn't fit	doesn't fit

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0407%	1h	61.887	−0.166%	$79K	$390K	10x	as long as short
Variational Omni LTC	−0.0091%	8h	62.015	+0.041%	$3.6M	$4.1M	—	as long as short
Gate LTC_USDT	−0.0039%	8h	61.920	−0.113%	$12.7M	$20.8M	75x	as long as short
Backpack LTC_USDC_PERP	−0.0035%	1h	61.960	−0.048%	$161K	$271K	10x	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0022% / S +0.0254%	1h	61.994	+0.006%	$128K	—	200x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.999	+0.015%	$345K	$4.0M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	62.014	+0.039%	$694K	$1.1M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	61.991	+0.002%	$31K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.259%	$5K	$22K	12x	as long as short
Bybit LTCUSDT	+0.0047%	8h	61.920	−0.113%	$78.4M	$59.4M	75x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter LTC	+0.0096%	1h	62.029	+0.063%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDClong	+0.0099%	8h	61.990	long leg	$12K	$211K	20x
Paradex LTC-USD-PERP	+0.0100%	8h	61.935	−0.088%	$16K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	61.930	−0.097%	$255K	$325K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	61.984	−0.010%	$38.0M	$23.1M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	62.033	+0.069%	$2.6M	$2.1M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.970	−0.032%	$543K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.940	−0.081%	$96.1M	$220.5M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.920	−0.113%	$27.6M	$74.5M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.930	−0.097%	$61.7M	$34.9M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.980	−0.016%	$18.9M	$11.9M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.920	−0.113%	$32.0M	$21.6M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	61.950	−0.065%	—	$6.6M	—	as long as short
edgeX LTCUSDC	+0.0100%	4h	62.112	+0.197%	$42K	$343K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	62.017	+0.043%	$345K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	62.030	+0.065%	$104K	$709K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	62.080	+0.145%	$17K	$4.2M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.950	−0.065%	$638	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	61.980	−0.016%	$1.9M	$4.9M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.990	0.000%	$22.2M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	61.910	−0.128%	$694K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.976	−0.022%	$473K	$499	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	62.010	+0.032%	$4.9M	$11.8M	50x	as long as short
Kraken Futures PF_LTCUSD	+0.0228%	1h	61.990	0.000%	$6.8M	$5.9M	50x	as long as short
Reya LTCRUSDPERP	+0.0334%	1h	61.917	−0.117%	$8K	$199	25x	as long as short
dYdX LTC-USD	+0.0557%	1h	62.000	+0.016%	$436K	$8K	10x	as long as short
Coinbase International LTC-PERP-INTXshort	+0.0712%	1h	62.170	+0.290%	$1.2M	$2.1M	50x