Settings8H · net · $10k
Funding arb · Price arb /

LTC

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.020%
Price spread now: Injective against Phemex−2.845%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+1.980%+$198 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 2.845% cheaper against Phemex than usual: you would sell low and buy high (−$285 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +1.980%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex LTCUSDT60.4500.0100pay 0.0100% / 8h5h 58m$21.3M$8.7M50x
ShortInjective LTC/USDC PERP58.7300.0033get 0.0004% / 1h58m 52s$5K$22K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Phemex. 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

Funding earned
−$14
Price spread: −2.845% → 0.000%
−$284.53
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$310.55
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Phemex: live order book, 3 min ago; Injective: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Phemex live order book, 3 min ago2.48 bp12.6 bp −$1319.7 bp −$197doesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_LTCUSD−0.0092%1h60.458+0.013%$6.5M$6.2M50xas long as short
Variational Omni LTC−0.0013%8h60.341−0.181%$3.5M$1.2Mas long as short
GMX LTC/USD [ETH-USDC]L −0.0006% / S +0.0127%1h60.428−0.037%$75K200xas long as short
Kalshi KXLTCPERP0.0000%8h60.458+0.013%$344K$4.0M4xas long as short
Deribit LTC_USDC-PERPETUAL0.0000%1h60.455+0.008%$696K$900K50xas long as short
gTrade (Gains Network) LTC/USDL +0.0002% / S −0.0002%1h60.381−0.115%$25K150xas long as short
Injective LTC/USDC PERPshort+0.0033%1h58.730−2.845%$5K$22K12x
Bybit LTCUSDT+0.0092%8h60.420−0.050%$77.2M$57.0M75xas long as short
Lighter LTC+0.0096%1h60.458+0.013%$929K$1.5M10xas long as short
Orderly PERP_LTC_USDC+0.0099%8h60.420−0.050%$13K$76K20xas long as short
Show all 37 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex LTC-USD-PERP+0.0100%8h60.419−0.052%$14K$10K20xas long as short
Nado LTC-PERP+0.0100%1h60.435−0.025%$257K$324K10xas long as short
Hyperliquid LTC+0.0100%1h60.477+0.045%$37.7M$24.4M10xas long as short
Aster LTCUSDT+0.0100%8h60.462+0.020%$2.5M$2.5M75xas long as short
Pacifica LTC+0.0100%1h60.456+0.010%$528K$78K10xas long as short
Binance LTCUSDT+0.0100%8h60.436−0.023%$88.3M$214.6M75xas long as short
OKX LTC-USDT-SWAP+0.0100%8h60.420−0.050%$26.9M$69.6M50xas long as short
Gate LTC_USDT+0.0100%8h60.430−0.033%$15.1M$19.8M75xas long as short
MEXC LTC_USDT+0.0100%8h60.420−0.050%$58.7M$34.3M200xas long as short
KuCoin LTCUSDTM+0.0100%8h60.430−0.033%$18.2M$13.2M75xas long as short
Bitget LTCUSDT+0.0100%8h60.440−0.017%$31.1M$20.5M75xas long as short
BingX LTC-USDC+0.0100%8h60.440−0.017%$6.5Mas long as short
Backpack LTC_USDC_PERP+0.0100%1h60.410−0.066%$147K$252K10xas long as short
edgeX LTCUSDC+0.0100%4h60.352−0.162%$41K$381K20xas long as short
GRVT LTC_USDT_Perp+0.0100%8h60.460+0.017%$341K$1.9M10xas long as short
ApeX Omni LTCUSDT+0.0100%1h60.380−0.116%$106K$703K50xas long as short
Polymarket Perps LTC-USD+0.0100%1h60.4500.000%$81K$678K10xas long as short
SunX LTC-USDT+0.0100%8h60.510+0.099%$17K$3.2M30xas long as short
SoDEX LTC-USD+0.0100%1h60.430−0.033%$162$6K10xas long as short
HTX LTC-USDT+0.0100%8h60.410−0.066%$2.0M$4.4M75xas long as short
Phemex LTCUSDTlong+0.0100%8h60.450long leg$21.3M$8.7M50x
Extended LTC-USD+0.0104%1h60.405−0.074%$680K$1.1M25xas long as short
Aevo LTC-PERP+0.0104%1h60.410−0.066%$461K3xas long as short
BloFin LTC-USDT+0.0220%8h60.400−0.083%$4.2M$12.3M50xas long as short
Reya LTCRUSDPERP+0.0339%1h60.411−0.065%$8K25xas long as short
dYdX LTC-USD+0.0381%1h60.447−0.005%$425K$4K10xas long as short
Coinbase International LTC-PERP-INTX+0.0616%1h60.550+0.165%$1.0M$2.3M50xas long as short