Funding arb · Price arb /

LTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0140%/8h= −15.3% APRpaid last 24h +0.014%

Price spread now: Kraken Futures against Paradex−0.022%7-day average — · you buy dearer than you sell

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

Long on Paradex Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Kraken Futures is 0.022% cheaper against Paradex than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex LTC-USD-PERP	60.675	0.0100	pay 0.0100% / 8h	7h 51m	$14K	$10K	20x
Short	Kraken Futures PF_LTCUSD	60.662	−0.0040	pay 0.0005% / 1h	51m 41s	$6.5M	$6.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Paradex. 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 ParadexbpFee Kraken FuturesbpOrdersPrice spread, now −0.022%Rate

Funding earned: −$29.35
Price spread: −0.022% → 0.000%: −$2.17
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$45.52
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; Kraken Futures: live order book, 2 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 Paradex no order-book sample	—	—	—	—	—
Sell Kraken Futures live order book, 2 min ago	0.82 bp	13.3 bp −$13	18.3 bp −$183	71.8 bp −$7,181	doesn't fit

Paradex: 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
Kraken Futures PF_LTCUSDshort	−0.0040%	1h	60.662	−0.022%	$6.5M	$6.6M	50x
GMX LTC/USD [ETH-USDC]	L −0.0024% / S +0.0152%	1h	60.672	−0.005%	$76K	—	200x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.702	+0.044%	$344K	$4.4M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	60.681	+0.009%	$685K	$1.1M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0002%	1h	60.674	−0.003%	$25K	—	150x	as long as short
Variational Omni LTC	+0.0011%	8h	60.655	−0.034%	$3.6M	$2.7M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.206%	$5K	$22K	12x	as long as short
Lighter LTC	+0.0096%	1h	60.713	+0.062%	$930K	$1.6M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.660	−0.026%	$13K	$94K	20x	as long as short
Paradex LTC-USD-PERPlong	+0.0100%	8h	60.675	long leg	$14K	$10K	20x

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado LTC-PERP	+0.0100%	1h	60.685	+0.016%	$263K	$344K	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.706	+0.051%	$2.5M	$2.6M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.695	+0.032%	$531K	$82K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.700	+0.040%	$88.9M	$235.7M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.680	+0.007%	$77.2M	$61.5M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.710	+0.057%	$27.0M	$77.0M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.670	−0.009%	$14.2M	$21.4M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.690	+0.024%	$56.5M	$36.0M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.690	+0.024%	$18.1M	$13.5M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.740	+0.106%	$31.3M	$23.0M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	60.730	+0.090%	—	$18.6M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.669	−0.011%	$141K	$278K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.596	−0.130%	$41K	$376K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.643	−0.053%	$347K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.600	−0.124%	$107K	$715K	50x	as long as short
Polymarket Perps LTC-USD	+0.0100%	1h	60.712	+0.060%	$82K	$732K	10x	as long as short
SunX LTC-USDT	+0.0100%	8h	60.730	+0.090%	$17K	$3.8M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.640	−0.058%	$163	$6K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.690	+0.024%	$2.0M	$5.1M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.690	+0.024%	$21.4M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.715	+0.065%	$680K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.644	−0.051%	$463K	—	3x	as long as short
Hyperliquid LTC	+0.0139%	1h	60.749	+0.121%	$38.2M	$26.2M	10x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.690	+0.024%	$4.2M	$12.6M	50x	as long as short
Reya LTCRUSDPERP	+0.0338%	1h	60.676	+0.001%	$8K	—	25x	as long as short
dYdX LTC-USD	+0.0420%	1h	60.675	−0.001%	$426K	$6K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0632%	1h	60.720	+0.073%	$1.1M	$2.6M	50x	as long as short