Funding arb · Price arb /

LTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.020%

Price spread now: GRVT against Pacifica+0.033%7-day average +0.008% · 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−$38as in the Price arb table

costs, in and out, $10k−$410.406% of the position

Long on Pacifica Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.028%−$3 on $10k

Price spread, last 4 days (all we have)+0.144%+$14 · spread now +0.033%, 7d avg +0.008%

Together, before fees+0.116%+ Points / potential airdropPacifica: Active · GRVT: Active · farm board+$12 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.025% dearer against Pacifica than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.008%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica LTC	61.920	0.0100	pay 0.0013% / 1h	35m 15s	$541K	$87K	10x
Short	GRVT LTC_USDT_Perp	61.940	0.0100	get 0.0100% / 8h	35m 15s	$350K	$1.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.033%Rate

Funding earned: $0
Price spread: +0.033% → +0.008%: $2.54
Slippage, 4 orders: −$23.63
Fee Pacifica: 4 bp × 2 orders: −$8
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$38.09
Costs to cover: 0.406%
Break-even: never at this rate

Slippage from Pacifica: live order book, 43 min ago; GRVT: 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, 43 min ago	4.06 bp	11.1 bp −$11	18.4 bp −$184	doesn't fit	doesn't fit
Sell GRVT live order book, 3 min ago	0.81 bp	12.7 bp −$13	34.8 bp −$348	doesn't fit	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
GMX LTC/USD [ETH-USDC]	L −0.0106% / S +0.0295%	1h	61.893	−0.043%	$113K	—	200x	as long as short
Variational Omni LTC	−0.0043%	8h	61.908	−0.019%	$3.6M	$4.0M	—	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.939	+0.031%	$315K	$4.2M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	61.901	−0.031%	$31K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.151%	$5K	$22K	12x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0073%	1h	61.917	−0.004%	$699K	$1.1M	50x	as long as short
Gate LTC_USDT	+0.0090%	8h	61.880	−0.064%	$13.0M	$21.3M	75x	as long as short
Polymarket Perps LTC-USD	+0.0092%	1h	61.871	−0.078%	$85K	$378K	10x	as long as short
Orderly PERP_LTC_USDC	+0.0100%	8h	61.890	−0.048%	$12K	$213K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	61.903	−0.026%	$14K	$10K	20x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado LTC-PERP	+0.0100%	1h	61.910	−0.016%	$264K	$323K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	61.935	+0.025%	$37.5M	$23.8M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	61.968	+0.078%	$2.6M	$2.3M	75x	as long as short
Pacifica LTClong	+0.0100%	1h	61.920	long leg	$541K	$87K	10x
Binance LTCUSDT	+0.0100%	8h	61.900	−0.032%	$95.9M	$223.1M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	61.860	−0.096%	$78.5M	$59.6M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.880	−0.064%	$27.6M	$75.4M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.880	−0.064%	$60.9M	$34.0M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.920	+0.001%	$19.1M	$12.6M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.890	−0.048%	$32.1M	$22.1M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	61.880	−0.064%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	61.914	−0.009%	$159K	$266K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	61.967	+0.077%	$42K	$356K	20x	as long as short
GRVT LTC_USDT_Perpshort	+0.0100%	8h	61.940	+0.033%	$350K	$1.9M	10x
ApeX Omni LTCUSDT	+0.0100%	1h	61.980	+0.098%	$118K	$713K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.960	+0.065%	$17K	$4.2M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.890	−0.048%	$637	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	61.870	−0.080%	$1.9M	$4.8M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.910	−0.016%	$22.1M	$9.1M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	61.860	−0.096%	$688K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.885	−0.055%	$473K	$499	3x	as long as short
Lighter LTC	+0.0160%	1h	61.976	+0.091%	$1.3M	$1.2M	10x	as long as short
BloFin LTC-USDT	+0.0220%	8h	61.920	+0.001%	$4.9M	$11.8M	50x	as long as short
Reya LTCRUSDPERP	+0.0335%	1h	61.863	−0.091%	$8K	—	25x	as long as short
Kraken Futures PF_LTCUSD	+0.0433%	1h	61.925	+0.008%	$6.8M	$5.8M	50x	as long as short
dYdX LTC-USD	+0.0839%	1h	61.922	+0.004%	$435K	$8K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0848%	1h	62.220	+0.485%	$1.2M	$2.3M	50x	as long as short