Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: OKX against Phemex−0.081%7-day average −0.068% · you buy dearer than you sell

Net, funding: paid 7d − costs−$45as in the Funding arb table

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

costs, in and out, $10k−$410.410% of the position

Long on Phemex Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.040%−$4 on $10k

Price spread, last 3 days (all we have)+0.005%+$1 · spread now −0.081%, 7d avg −0.068%

Together, before fees−0.035%−$3 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex LTCUSDT	61.800	0.0100	pay 0.0100% / 8h	1h 33m	$22.1M	$9.1M	50x
Short	OKX LTC-USDT-SWAP	61.750	0.0100	get 0.0100% / 8h	1h 33m	$27.5M	$74.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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

Position, each leg$Hold fordaysFee PhemexbpFee OKXbpOrdersPrice spread, now −0.081%Rate

Funding earned: $0
Price spread: −0.081% → −0.068%: −$1.25
Slippage, 4 orders: −$19
Fee Phemex: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$42.26
Costs to cover: 0.410%
Break-even: never at this rate

Slippage from Phemex: live order book, 5 min ago; OKX: live order book, 5 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 Phemex live order book, 5 min ago	1.62 bp	12.1 bp −$12	20.9 bp −$209	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	0.81 bp	7.8 bp −$8	14.3 bp −$143	36.8 bp −$3,683	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
Variational Omni LTC	−0.0070%	8h	61.778	−0.036%	$3.6M	$4.0M	—	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0058% / S +0.0269%	1h	61.717	−0.134%	$112K	—	200x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.714	−0.139%	$336K	$4.1M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	61.741	−0.095%	$31K	—	150x	as long as short
Polymarket Perps LTC-USD	+0.0004%	1h	61.650	−0.243%	$81K	$374K	10x	as long as short
Gate LTC_USDT	+0.0022%	8h	61.780	−0.032%	$12.9M	$21.1M	75x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−4.968%	$5K	$22K	12x	as long as short
Kraken Futures PF_LTCUSD	+0.0087%	1h	61.817	+0.027%	$6.8M	$5.7M	50x	as long as short
Lighter LTC	+0.0096%	1h	61.861	+0.099%	$1.3M	$1.2M	10x	as long as short
Backpack LTC_USDC_PERP	+0.0097%	1h	61.743	−0.092%	$158K	$265K	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_LTC_USDC	+0.0099%	8h	61.780	−0.032%	$12K	$212K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	61.770	−0.049%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	61.680	−0.194%	$253K	$323K	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	61.845	+0.072%	$2.6M	$2.2M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.801	+0.001%	$541K	$84K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.797	−0.005%	$95.7M	$221.9M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	61.750	−0.081%	$78.3M	$59.7M	75x	as long as short
OKX LTC-USDT-SWAPshort	+0.0100%	8h	61.750	−0.081%	$27.5M	$74.7M	50x
MEXC LTC_USDT	+0.0100%	8h	61.800	0.000%	$62.2M	$34.6M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.810	+0.016%	$19.1M	$12.5M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.790	−0.016%	$32.1M	$21.8M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	61.790	−0.016%	—	$6.5M	—	as long as short
edgeX LTCUSDC	+0.0100%	4h	61.792	−0.012%	$42K	$350K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.779	−0.034%	$341K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.800	0.000%	$103K	$711K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.760	−0.065%	$18K	$4.2M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.770	−0.049%	$636	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	61.760	−0.065%	$1.9M	$4.8M	75x	as long as short
Phemex LTCUSDTlong	+0.0100%	8h	61.800	long leg	$22.1M	$9.1M	50x
Extended LTC-USD	+0.0104%	1h	61.771	−0.046%	$691K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.763	−0.060%	$472K	$499	3x	as long as short
Hyperliquid LTC	+0.0142%	1h	61.865	+0.105%	$38.0M	$23.1M	10x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0203%	1h	61.785	−0.024%	$692K	$1.0M	50x	as long as short
BloFin LTC-USDT	+0.0220%	8h	61.830	+0.049%	$4.8M	$11.7M	50x	as long as short
Reya LTCRUSDPERP	+0.0334%	1h	61.663	−0.221%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0760%	1h	62.050	+0.405%	$1.2M	$2.2M	50x	as long as short
dYdX LTC-USD	+0.0975%	1h	61.792	−0.013%	$434K	$8K	10x	as long as short