Funding arb · Price arb /

LTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0011%/8h= −1.2% APRpaid last 24h −0.004%

Price spread now: Gate against Pacifica−0.113%7-day average −0.032% · you buy dearer than you sell

Net, funding: paid 7d − costs−$44as in the Funding arb table

Net, price: spread back to 7d avg − costs−$54as in the Price arb table

costs, in and out, $10k−$450.454% of the position

Long on Pacifica Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.010%+$1 on $10k

Price spread, last 4 days (all we have)+0.026%+$3 · spread now −0.113%, 7d avg −0.032%

Together, before fees+0.036%+ Points / potential airdropPacifica: Active · farm board+$4 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Gate is 0.081% cheaper against Pacifica than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.032%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica LTC	61.930	0.0100	pay 0.0013% / 1h	16m 06s	$541K	$87K	10x
Short	Gate LTC_USDT	61.860	0.0089	get 0.0089% / 8h	16m 06s	$13.0M	$21.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.113%Rate

Funding earned: −$2.31
Price spread: −0.113% → −0.032%: −$8.11
Slippage, 4 orders: −$22.42
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$55.84
Costs to cover: 0.454%
Break-even: never at this rate

Slippage from Pacifica: live order book, 63 min ago; Gate: 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, 63 min ago	4.06 bp	11.1 bp −$11	18.4 bp −$184	doesn't fit	doesn't fit
Sell Gate live order book, 3 min ago	0.81 bp	14.1 bp −$14	23.9 bp −$239	44.0 bp −$4,401	58.2 bp −$29.1K

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 −0.0139% / S +0.0332%	1h	61.876	−0.088%	$122K	—	200x	as long as short
Variational Omni LTC	−0.0046%	8h	61.886	−0.071%	$3.6M	$4.0M	—	as long as short
Polymarket Perps LTC-USD	−0.0005%	1h	61.836	−0.152%	$85K	$378K	10x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.934	+0.006%	$313K	$4.2M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	61.898	−0.052%	$700K	$1.1M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	61.879	−0.083%	$31K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.167%	$5K	$22K	12x	as long as short
Gate LTC_USDTshort	+0.0089%	8h	61.860	−0.113%	$13.0M	$21.4M	75x
Lighter LTC	+0.0096%	1h	61.944	+0.022%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0100%	8h	61.860	−0.113%	$12K	$213K	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	61.922	−0.013%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	61.870	−0.097%	$264K	$323K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	61.907	−0.037%	$37.5M	$23.8M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	61.930	0.000%	$2.6M	$2.3M	75x	as long as short
Pacifica LTClong	+0.0100%	1h	61.930	long leg	$541K	$87K	10x
Binance LTCUSDT	+0.0100%	8h	61.860	−0.113%	$95.8M	$223.4M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	61.840	−0.146%	$78.4M	$59.7M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.850	−0.129%	$27.6M	$75.3M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.850	−0.129%	$61.4M	$34.3M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.880	−0.081%	$19.1M	$12.6M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.880	−0.081%	$32.1M	$22.1M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	61.860	−0.113%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	61.839	−0.147%	$158K	$266K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	61.878	−0.084%	$42K	$357K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.890	−0.065%	$342K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.920	−0.016%	$118K	$711K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.960	+0.048%	$18K	$4.1M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.860	−0.113%	$637	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	61.920	−0.016%	$1.9M	$4.8M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.890	−0.065%	$22.1M	$9.2M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	61.843	−0.140%	$688K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.870	−0.097%	$472K	$499	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	61.850	−0.129%	$4.8M	$11.8M	50x	as long as short
Reya LTCRUSDPERP	+0.0335%	1h	61.867	−0.103%	$8K	—	25x	as long as short
Kraken Futures PF_LTCUSD	+0.0434%	1h	61.901	−0.047%	$6.8M	$5.8M	50x	as long as short
dYdX LTC-USD	+0.0771%	1h	61.931	+0.001%	$435K	$8K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0848%	1h	62.080	+0.242%	$1.2M	$2.3M	50x	as long as short