Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0120%/8h= +13.1% APRpaid last 24h +0.036%

Price spread now: BloFin against Pacifica−0.140%7-day average −0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$21as in the Funding arb table

Net, price: spread back to 7d avg − costs−$59as in the Price arb table

costs, in and out, $10k−$460.459% of the position

Long on Pacifica Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.252%+$25 on $10k

Price spread, last 4 days (all we have)+0.161%+$16 · spread now −0.140%, 7d avg −0.005%

Together, before fees+0.412%+ Points / potential airdropPacifica: Active · farm board+$41 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.134% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.140% now, against its 7-day average of −0.005%). If the spread goes back, that is −$13 on $10k: about 3.7 days of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica LTC	60.675	0.0100	pay 0.0013% / 1h	41m 15s	$530K	$83K	10x
Short	BloFin LTC-USDT	60.590	0.0220	get 0.0220% / 8h	2h 41m	$4.7M	$12.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Pacifica. 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 PacificabpFee BloFinbpOrdersPrice spread, now −0.140%Rate

Funding earned: $25.2
Price spread: −0.140% → −0.005%: −$13.44
Slippage, 4 orders: −$25.94
Fee Pacifica: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$34.18
Costs to cover: 0.459%
Break-even: 16.5 days

Slippage from Pacifica: live order book, 7 min ago; BloFin: live order book, 3 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 Pacifica live order book, 7 min ago	4.11 bp	8.7 bp −$9	18.3 bp −$183	doesn't fit	doesn't fit
Sell BloFin live order book, 3 min ago	2.47 bp	9.3 bp −$9	11.1 bp −$111	23.4 bp −$2,342	57.2 bp −$28.6K

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 −0.0229% / S +0.0381%	1h	60.629	−0.075%	$96K	—	200x	as long as short
Polymarket Perps LTC-USD	−0.0167%	1h	60.611	−0.105%	$91K	$639K	10x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.636	−0.064%	$335K	$4.3M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	60.635	−0.066%	$685K	$1.1M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0002%	1h	60.614	−0.100%	$25K	—	150x	as long as short
Kraken Futures PF_LTCUSD	+0.0012%	1h	60.621	−0.088%	$6.6M	$6.5M	50x	as long as short
Variational Omni LTC	+0.0026%	8h	60.724	+0.082%	$3.6M	$2.6M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.205%	$5K	$22K	12x	as long as short
Lighter LTC	+0.0096%	1h	60.642	−0.054%	$932K	$1.7M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.590	−0.140%	$13K	$140K	20x	as long as short

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	60.650	−0.041%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	60.625	−0.082%	$264K	$333K	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.624	−0.084%	$2.5M	$2.5M	75x	as long as short
Pacifica LTClong	+0.0100%	1h	60.675	long leg	$530K	$83K	10x
Binance LTCUSDT	+0.0100%	8h	60.580	−0.156%	$89.0M	$232.4M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.590	−0.140%	$76.7M	$61.7M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.580	−0.156%	$26.7M	$76.0M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.620	−0.090%	$13.0M	$22.0M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.640	−0.057%	$57.1M	$35.6M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.650	−0.041%	$17.9M	$13.1M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.590	−0.140%	$31.1M	$22.9M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	60.600	−0.123%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.664	−0.018%	$145K	$271K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.674	−0.002%	$41K	$374K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.729	+0.089%	$342K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.680	+0.009%	$106K	$714K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	60.690	+0.025%	$17K	$3.9M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.600	−0.123%	$162	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.590	−0.140%	$2.0M	$5.0M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.630	−0.074%	$21.5M	$8.9M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.568	−0.175%	$672K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.600	−0.123%	$463K	—	3x	as long as short
BloFin LTC-USDTshort	+0.0220%	8h	60.590	−0.140%	$4.7M	$12.3M	50x
Hyperliquid LTC	+0.0293%	1h	60.715	+0.066%	$38.0M	$26.1M	10x	as long as short
Reya LTCRUSDPERP	+0.0337%	1h	60.621	−0.088%	$8K	—	25x	as long as short
dYdX LTC-USD	+0.0384%	1h	60.668	−0.010%	$426K	$7K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0728%	1h	60.720	+0.075%	$1.1M	$2.5M	50x	as long as short