Funding arb · Price arb /

LTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.002%

Price spread now: Lighter against Orderly+0.075%7-day average +0.068% · you sell dearer than you buy

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

Long on Orderly Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.048%+$5 on $10k

Price spread, last 3 days (all we have)−0.018%−$2 · spread now +0.075%, 7d avg +0.068%

Together, before fees+0.030%+ Points / potential airdropLighter: Season 3 · farm board+$3 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_LTC_USDC	61.510	0.0100	pay 0.0100% / 8h	1h 10m	$12K	$213K	20x
Short	Lighter LTC	61.556	0.0096	get 0.0012% / 1h	10m 58s	$1.3M	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now +0.075%Rate

Funding earned: −$0.75
Price spread: +0.075% → +0.068%: $0.7
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Lighter: 0 bp × 2 orders: $0
Net: −$6.05
Costs to cover: 0.060%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; Lighter: live order book, 5 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 Lighter live order book, 5 min ago	3.08 bp	3.6 bp −$4	12.1 bp −$121	125.3 bp −$12.5K	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
GMX LTC/USD [ETH-USDC]	L −0.0077% / S +0.0279%	1h	61.499	−0.018%	$112K	—	200x	as long as short
Variational Omni LTC	−0.0062%	8h	61.507	−0.004%	$3.6M	$4.0M	—	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.523	+0.021%	$337K	$4.1M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	61.508	−0.003%	$30K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−4.520%	$5K	$22K	12x	as long as short
Gate LTC_USDT	+0.0048%	8h	61.450	−0.098%	$12.9M	$21.3M	75x	as long as short
Polymarket Perps LTC-USD	+0.0080%	1h	61.473	−0.060%	$85K	$378K	10x	as long as short
Kraken Futures PF_LTCUSD	+0.0087%	1h	61.514	+0.006%	$6.8M	$5.8M	50x	as long as short
Lighter LTCshort	+0.0096%	1h	61.556	+0.075%	$1.3M	$1.2M	10x
Orderly PERP_LTC_USDClong	+0.0100%	8h	61.510	long leg	$12K	$213K	20x

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex LTC-USD-PERP	+0.0100%	8h	61.506	−0.007%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	61.510	0.000%	$253K	$321K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	61.494	−0.026%	$37.3M	$23.8M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	61.500	−0.016%	$2.6M	$2.3M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.524	+0.023%	$538K	$84K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.477	−0.054%	$95.2M	$222.7M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	61.470	−0.065%	$77.9M	$59.7M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.470	−0.065%	$27.4M	$74.6M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.480	−0.049%	$61.3M	$34.9M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.470	−0.065%	$19.0M	$12.6M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.470	−0.065%	$31.9M	$22.0M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	61.440	−0.114%	—	$37.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	61.435	−0.122%	$158K	$266K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	61.506	−0.007%	$42K	$355K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.510	0.000%	$351K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.510	0.000%	$103K	$708K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.600	+0.146%	$17K	$4.2M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.510	0.000%	$634	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	61.510	0.000%	$1.9M	$4.8M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.510	0.000%	$22.0M	$9.1M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	61.467	−0.069%	$685K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.502	−0.014%	$470K	$499	3x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0189%	1h	61.533	+0.037%	$693K	$1.1M	50x	as long as short
BloFin LTC-USDT	+0.0220%	8h	61.510	0.000%	$4.8M	$11.7M	50x	as long as short
Reya LTCRUSDPERP	+0.0334%	1h	61.485	−0.041%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0760%	1h	61.720	+0.341%	$1.2M	$2.2M	50x	as long as short
dYdX LTC-USD	+0.0973%	1h	61.505	−0.008%	$432K	$8K	10x	as long as short