Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0353%/8h= +38.7% APRpaid last 24h +0.060%

Price spread now: Kraken Futures against Variational Omni+0.275%7-day average +0.072% · you sell dearer than you buy

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

Long on Variational Omni Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.127%+$13 on $10k

Price spread, last 4 days (all we have)−0.269%−$27 · spread now +0.275%, 7d avg +0.072%

Together, before fees−0.142%+ Points / potential airdropVariational Omni: Active · farm board−$14 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Kraken Futures is 0.203% dearer against Variational Omni than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of +0.072%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni LTC	60.684	−0.0003	get 0.0003% / 8h	5h 41m	$3.6M	$2.6M	—
Short	Kraken Futures PF_LTCUSD	60.851	0.0350	get 0.0044% / 1h	41m 46s	$6.7M	$6.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Variational Omni. 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 Variational OmnibpFee Kraken FuturesbpOrdersPrice spread, now +0.275%Rate

Funding earned: $74.14
Price spread: +0.275% → +0.072%: $20.34
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $84.48
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Kraken Futures: live order book, 2 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 Variational Omni RFQ quote, 2 min ago	3.53 bp	doesn't fit	9.1 bp −$91	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 2 min ago	0.82 bp	15.9 bp −$16	20.6 bp −$206	71.8 bp −$7,181	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 −0.0258% / S +0.0379%	1h	60.825	+0.232%	$111K	—	200x	as long as short
Polymarket Perps LTC-USD	−0.0062%	1h	60.771	+0.143%	$80K	$390K	10x	as long as short
Variational Omni LTClong	−0.0003%	8h	60.684	long leg	$3.6M	$2.6M	—
Kalshi KXLTCPERP	0.0000%	8h	60.846	+0.266%	$320K	$4.3M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	60.834	+0.247%	$689K	$1.1M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	60.835	+0.248%	$30K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.221%	$5K	$22K	12x	as long as short
Orderly PERP_LTC_USDC	+0.0100%	8h	60.800	+0.191%	$13K	$211K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.847	+0.267%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	60.875	+0.314%	$266K	$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	60.779	+0.156%	$37.0M	$24.7M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.768	+0.138%	$2.6M	$2.4M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.735	+0.083%	$531K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.730	+0.075%	$91.2M	$225.0M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.720	+0.059%	$77.3M	$58.5M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.730	+0.075%	$26.8M	$74.1M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.740	+0.092%	$12.7M	$21.2M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.740	+0.092%	$57.8M	$34.6M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.800	+0.191%	$18.3M	$12.7M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.720	+0.059%	$32.5M	$22.2M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	60.760	+0.125%	—	$38.1M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.788	+0.171%	$153K	$277K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.742	+0.095%	$41K	$375K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.661	−0.038%	$336K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.810	+0.207%	$102K	$716K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	60.920	+0.388%	$17K	$3.9M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.820	+0.223%	$163	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.800	+0.191%	$2.0M	$4.9M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.820	+0.223%	$21.6M	$8.7M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.714	+0.049%	$675K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.800	+0.191%	$464K	—	3x	as long as short
Lighter LTC	+0.0152%	1h	60.797	+0.186%	$1.3M	$1.2M	10x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.810	+0.207%	$4.8M	$12.2M	50x	as long as short
dYdX LTC-USD	+0.0239%	1h	60.728	+0.073%	$427K	$8K	10x	as long as short
Reya LTCRUSDPERP	+0.0336%	1h	60.820	+0.224%	$8K	—	25x	as long as short
Kraken Futures PF_LTCUSDshort	+0.0350%	1h	60.851	+0.275%	$6.7M	$6.1M	50x
Coinbase International LTC-PERP-INTX	+0.0832%	1h	60.820	+0.223%	$1.1M	$2.3M	50x	as long as short