Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: SunX against Phemex+0.115%7-day average +0.102% · you sell dearer than you buy

Net, funding: paid 7d − costs−$62as in the Funding arb table

Net, price: spread back to 7d avg − costs−$61as in the Price arb table

costs, in and out, $10k−$620.618% of the position

Long on Phemex Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.045%−$5 · spread now +0.115%, 7d avg +0.102%

Together, before fees−0.045%−$5 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex LTCUSDT	60.760	0.0100	pay 0.0100% / 8h	5h 39m	$21.6M	$8.8M	50x
Short	SunX LTC-USDT	60.830	0.0100	get 0.0100% / 8h	5h 39m	$17K	$3.9M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.115%Rate

Funding earned: $0
Price spread: +0.115% → +0.102%: $1.31
Slippage, 4 orders: −$41.82
Fee Phemex: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$60.52
Costs to cover: 0.618%
Break-even: never at this rate

Slippage from Phemex: live order book, 4 min ago; SunX: live order book, 8 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, 4 min ago	1.64 bp	10.8 bp −$11	20.3 bp −$203	doesn't fit	doesn't fit
Sell SunX live order book, 8 min ago	14.82 bp	20.3 bp −$20	doesn't fit	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 −0.0260% / S +0.0380%	1h	60.752	−0.014%	$110K	—	200x	as long as short
Polymarket Perps LTC-USD	−0.0071%	1h	60.723	−0.061%	$80K	$390K	10x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.760	0.000%	$319K	$4.3M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	60.763	+0.005%	$30K	—	150x	as long as short
Variational Omni LTC	+0.0002%	8h	60.723	−0.061%	$3.6M	$2.6M	—	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0013%	1h	60.779	+0.031%	$688K	$1.1M	50x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.341%	$5K	$22K	12x	as long as short
Orderly PERP_LTC_USDC	+0.0100%	8h	60.740	−0.033%	$13K	$210K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.721	−0.064%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	60.785	+0.041%	$265K	$327K	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid LTC	+0.0100%	1h	60.791	+0.051%	$37.0M	$24.6M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.796	+0.059%	$2.6M	$2.4M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.740	−0.033%	$531K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.720	−0.066%	$91.2M	$225.1M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.720	−0.066%	$77.3M	$58.5M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.730	−0.049%	$26.8M	$74.0M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.740	−0.033%	$12.7M	$21.2M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.720	−0.066%	$57.8M	$34.6M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.740	−0.033%	$18.2M	$12.7M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.740	−0.033%	$32.5M	$22.2M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	60.750	−0.016%	—	$38.1M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.732	−0.046%	$153K	$277K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.732	−0.046%	$41K	$373K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.850	+0.148%	$346K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.810	+0.082%	$102K	$716K	50x	as long as short
SunX LTC-USDTshort	+0.0100%	8h	60.830	+0.115%	$17K	$3.9M	30x
SoDEX LTC-USD	+0.0100%	1h	60.760	0.000%	$163	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.720	−0.066%	$2.0M	$4.9M	75x	as long as short
Phemex LTCUSDTlong	+0.0100%	8h	60.760	long leg	$21.6M	$8.8M	50x
Extended LTC-USD	+0.0104%	1h	60.703	−0.093%	$675K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.740	−0.033%	$464K	—	3x	as long as short
Lighter LTC	+0.0136%	1h	60.789	+0.048%	$1.3M	$1.2M	10x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.710	−0.082%	$4.8M	$12.2M	50x	as long as short
dYdX LTC-USD	+0.0235%	1h	60.768	+0.013%	$427K	$8K	10x	as long as short
Reya LTCRUSDPERP	+0.0336%	1h	60.745	−0.025%	$8K	—	25x	as long as short
Kraken Futures PF_LTCUSD	+0.0350%	1h	60.775	+0.025%	$6.7M	$6.1M	50x	as long as short
Coinbase International LTC-PERP-INTX	+0.0832%	1h	60.860	+0.165%	$1.1M	$2.3M	50x	as long as short