Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0120%/8h= +13.1% APRpaid last 24h +0.125%

Price spread now: BloFin against Polymarket Perps−0.132%7-day average +0.065% · you buy dearer than you sell

Net, funding: paid 7d − costs+$15as in the Funding arb table

Net, price: spread back to 7d avg − costs−$54as in the Price arb table

costs, in and out, $10k−$340.342% of the position

Long on Polymarket Perps Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.494%+$49 on $10k

Price spread, last 4 days (all we have)+0.302%+$30 · spread now −0.132%, 7d avg +0.065%

Together, before fees+0.796%+$80 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.197% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.132% now, against its 7-day average of +0.065%). If the spread goes back, that is −$20 on $10k: about 5.5 days of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps LTC-USD	60.700	0.0100	pay 0.0013% / 1h	38m 56s	$82K	$732K	10x
Short	BloFin LTC-USDT	60.620	0.0220	get 0.0220% / 8h	7h 38m	$4.2M	$12.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Polymarket Perps. 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 Polymarket PerpsbpFee BloFinbpOrdersPrice spread, now −0.132%Rate

Funding earned: $25.2
Price spread: −0.132% → +0.065%: −$19.69
Slippage, 4 orders: −$14.22
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$28.71
Costs to cover: 0.342%
Break-even: 15.0 days

Slippage from Polymarket Perps: live order book, 59 min ago; BloFin: 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 Polymarket Perps live order book, 59 min ago	2.97 bp	7.5 bp −$8	9.3 bp −$93	doesn't fit	doesn't fit
Sell BloFin live order book, 5 min ago	0.82 bp	9.8 bp −$10	12.5 bp −$125	25.3 bp −$2,529	63.3 bp −$31.7K

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_LTCUSD	−0.0040%	1h	60.652	−0.079%	$6.5M	$6.7M	50x	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0022% / S +0.0149%	1h	60.658	−0.069%	$76K	—	200x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.689	−0.018%	$344K	$4.4M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	60.682	−0.030%	$685K	$1.1M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0002%	1h	60.666	−0.056%	$25K	—	150x	as long as short
Variational Omni LTC	+0.0007%	8h	60.655	−0.074%	$3.6M	$2.7M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.245%	$5K	$22K	12x	as long as short
Gate LTC_USDT	+0.0083%	8h	60.620	−0.132%	$14.3M	$21.4M	75x	as long as short
Lighter LTC	+0.0096%	1h	60.663	−0.061%	$930K	$1.6M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.640	−0.099%	$13K	$92K	20x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex LTC-USD-PERP	+0.0100%	8h	60.649	−0.084%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	60.660	−0.066%	$263K	$345K	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.685	−0.025%	$2.5M	$2.6M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.671	−0.048%	$530K	$82K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.632	−0.112%	$88.7M	$235.5M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.620	−0.132%	$77.1M	$61.5M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.630	−0.115%	$26.9M	$76.8M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.620	−0.132%	$57.0M	$36.1M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.630	−0.115%	$18.1M	$13.5M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.660	−0.066%	$31.3M	$23.0M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	60.640	−0.099%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.627	−0.120%	$142K	$279K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.692	−0.012%	$41K	$376K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.759	+0.097%	$345K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.710	+0.016%	$107K	$715K	50x	as long as short
Polymarket Perps LTC-USDlong	+0.0100%	1h	60.700	long leg	$82K	$732K	10x
SunX LTC-USDT	+0.0100%	8h	60.740	+0.066%	$17K	$3.8M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.630	−0.115%	$162	$6K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.640	−0.099%	$2.0M	$5.1M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.660	−0.066%	$21.4M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.610	−0.149%	$681K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.630	−0.115%	$463K	—	3x	as long as short
Hyperliquid LTC	+0.0120%	1h	60.689	−0.018%	$38.2M	$25.7M	10x	as long as short
BloFin LTC-USDTshort	+0.0220%	8h	60.620	−0.132%	$4.2M	$12.6M	50x
Reya LTCRUSDPERP	+0.0338%	1h	60.636	−0.105%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0632%	1h	60.850	+0.247%	$1.1M	$2.6M	50x	as long as short
dYdX LTC-USD	+0.0813%	1h	60.660	−0.066%	$426K	$6K	10x	as long as short