Funding arb · Price arb /

LTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC+0.0612%/8h= +67.0% APRpaid last 24h +0.127%

Price spread now: Coinbase International against SunX+0.241%7-day average −0.034% · you sell dearer than you buy

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

Long on SunX Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.359%+$36 on $10k

Price spread, last 3 days (all we have)−0.416%−$42 · spread now +0.241%, 7d avg −0.034%

Together, before fees−0.057%−$6 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Coinbase International is 0.274% dearer against SunX than usual: you sell high and buy low: +$27 more if the spread goes back to its 7-day average of −0.034%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.359% in total (about 18.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX LTC-USDT	62.370	0.0100	pay 0.0100% / 8h	2h 57m	$17K	$4.2M	30x
Short	Coinbase International LTC-PERP-INTX	62.520	0.0712	get 0.0089% / 1h	57m 29s	$1.2M	$2.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against SunX. 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 SunXbpFee Coinbase InternationalbpOrdersPrice spread, now +0.241%Rate

Funding earned: $128.52
Price spread: +0.241% → −0.034%: $27.42
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $137.94
Costs to cover: 0.180%
Break-even: from the start

Slippage unknown: SunX: live order book, 11 min ago; Coinbase International: live order book, 1 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 SunX live order book, 11 min ago	260.54 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Coinbase International live order book, 1 min ago	3.20 bp	13.9 bp −$14	19.3 bp −$193	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
Polymarket Perps LTC-USD	−0.0511%	1h	62.166	−0.327%	$79K	$428K	10x	as long as short
Variational Omni LTC	−0.0092%	8h	62.446	+0.122%	$3.7M	$4.0M	—	as long as short
Backpack LTC_USDC_PERP	−0.0068%	1h	62.243	−0.204%	$162K	$282K	10x	as long as short
Gate LTC_USDT	−0.0032%	8h	62.190	−0.289%	$12.8M	$20.8M	75x	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0021% / S +0.0253%	1h	62.323	−0.075%	$129K	—	200x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	62.367	−0.005%	$347K	$4.1M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	62.326	−0.071%	$697K	$1.1M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	62.334	−0.058%	$31K	—	150x	as long as short
SoDEX LTC-USD	+0.0024%	1h	62.270	−0.160%	$641	$5K	10x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.836%	$5K	$22K	12x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit LTCUSDT	+0.0045%	8h	62.200	−0.273%	$78.9M	$60.0M	75x	as long as short
Lighter LTC	+0.0096%	1h	62.301	−0.111%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	62.320	−0.080%	$12K	$209K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	62.166	−0.327%	$16K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	62.180	−0.305%	$255K	$327K	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	62.290	−0.128%	$2.6M	$2.1M	75x	as long as short
Pacifica LTC	+0.0100%	1h	62.222	−0.237%	$546K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	62.200	−0.273%	$96.6M	$220.8M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	62.210	−0.257%	$27.7M	$74.9M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	62.160	−0.337%	$62.4M	$34.8M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	62.240	−0.208%	$19.2M	$12.1M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	62.210	−0.257%	$32.1M	$21.7M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	62.190	−0.289%	—	$37.3M	—	as long as short
edgeX LTCUSDC	+0.0100%	4h	62.351	−0.031%	$42K	$341K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	62.340	−0.048%	$349K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	62.380	+0.016%	$104K	$709K	50x	as long as short
SunX LTC-USDTlong	+0.0100%	8h	62.370	long leg	$17K	$4.2M	30x
HTX LTC-USDT	+0.0100%	8h	62.280	−0.144%	$1.9M	$4.9M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	62.290	−0.128%	$22.3M	$9.1M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	62.198	−0.276%	$694K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	62.295	−0.120%	$476K	$499	3x	as long as short
Hyperliquid LTC	+0.0155%	1h	62.306	−0.103%	$38.4M	$23.1M	10x	as long as short
BloFin LTC-USDT	+0.0220%	8h	62.330	−0.064%	$4.9M	$11.8M	50x	as long as short
Kraken Futures PF_LTCUSD	+0.0227%	1h	62.317	−0.085%	$6.9M	$5.8M	50x	as long as short
Reya LTCRUSDPERP	+0.0334%	1h	62.207	−0.262%	$8K	$199	25x	as long as short
dYdX LTC-USD	+0.0395%	1h	62.200	−0.273%	$437K	$8K	10x	as long as short
Coinbase International LTC-PERP-INTXshort	+0.0712%	1h	62.520	+0.241%	$1.2M	$2.2M	50x