Funding arb · Price arb /

LTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0084%/8h= +9.2% APRpaid last 24h +0.062%

Price spread now: Lighter against Variational Omni+0.167%7-day average +0.046% · you sell dearer than you buy

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

Long on Variational Omni Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.111%+$11 on $10k

Price spread, last 7 days−0.164%−$16 · spread now +0.167%, 7d avg +0.046%

Together, before fees−0.053%+ Points / potential airdropVariational Omni: Active · Lighter: Season 3 · farm board−$5 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Lighter is 0.121% dearer against Variational Omni than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.046%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni LTC	60.474	0.0012	pay 0.0012% / 8h	24m 04s	$3.5M	$2.7M	—
Short	Lighter LTC	60.575	0.0096	get 0.0012% / 1h	24m 04s	$927K	$1.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now +0.167%Rate

Funding earned: $17.66
Price spread: +0.167% → +0.046%: $12.13
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Lighter: 0 bp × 2 orders: $0
Net: $29.79
Costs to cover: 0.000%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 5 min ago; Lighter: live order book, 7 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, 5 min ago	3.53 bp	doesn't fit	13.0 bp −$130	doesn't fit	doesn't fit
Sell Lighter live order book, 7 min ago	1.73 bp	6.4 bp −$6	14.9 bp −$149	119.6 bp −$12.0K	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	−0.0085%	1h	60.512	+0.063%	$81K	$739K	10x	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0029% / S +0.0159%	1h	60.552	+0.129%	$75K	—	200x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.573	+0.164%	$332K	$4.3M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0002%	1h	60.554	+0.133%	$25K	—	150x	as long as short
Variational Omni LTClong	+0.0012%	8h	60.474	long leg	$3.5M	$2.7M	—
Deribit LTC_USDC-PERPETUAL	+0.0031%	1h	60.584	+0.182%	$685K	$1.1M	50x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−2.884%	$5K	$22K	12x	as long as short
Lighter LTCshort	+0.0096%	1h	60.575	+0.167%	$927K	$1.7M	10x
Orderly PERP_LTC_USDC	+0.0099%	8h	60.530	+0.093%	$13K	$107K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.534	+0.099%	$14K	$10K	20x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado LTC-PERP	+0.0100%	1h	60.540	+0.109%	$262K	$343K	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.586	+0.186%	$2.5M	$2.6M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.549	+0.125%	$529K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.533	+0.097%	$88.9M	$234.8M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.520	+0.076%	$76.7M	$61.4M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.530	+0.093%	$26.8M	$76.5M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.530	+0.093%	$14.0M	$22.1M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.540	+0.109%	$56.2M	$36.3M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.550	+0.126%	$18.0M	$13.5M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.530	+0.093%	$31.1M	$22.8M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	60.550	+0.126%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.537	+0.104%	$140K	$269K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.618	+0.239%	$41K	$375K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.630	+0.258%	$336K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.610	+0.225%	$107K	$714K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	60.620	+0.242%	$17K	$3.8M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.530	+0.093%	$162	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.530	+0.093%	$2.0M	$5.1M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.560	+0.143%	$21.4M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.509	+0.058%	$680K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.540	+0.109%	$462K	—	3x	as long as short
Hyperliquid LTC	+0.0115%	1h	60.591	+0.194%	$38.1M	$26.4M	10x	as long as short
Kraken Futures PF_LTCUSD	+0.0184%	1h	60.560	+0.143%	$6.5M	$6.6M	50x	as long as short
dYdX LTC-USD	+0.0204%	1h	60.568	+0.157%	$426K	$6K	10x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.520	+0.076%	$4.2M	$12.5M	50x	as long as short
Reya LTCRUSDPERP	+0.0338%	1h	60.514	+0.066%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0680%	1h	60.730	+0.424%	$1.1M	$2.5M	50x	as long as short