LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.007%

Price spread now: Backpack against Aevo−0.023%7-day average −0.022% · you buy dearer than you sell

Net, funding: paid 7d − costs−$91as in the Funding arb table

Net, price: spread back to 7d avg − costs−$83as in the Price arb table

costs, in and out, $10k−$830.831% of the position

Long on Aevo Short on Backpack

What this pair did over the last

the charts below follow

Funding, last 7 days−0.078%−$8 on $10k

Price spread, last 3 days (all we have)−0.026%−$3 · spread now −0.023%, 7d avg −0.022%

Together, before fees−0.104%−$10 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo LTC-PERP	61.981	0.0104	pay 0.0013% / 1h	51m 56s	$473K	$499	3x
Short	Backpack LTC_USDC_PERP	61.967	0.0100	get 0.0013% / 1h	51m 56s	$159K	$265K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against Aevo. 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 AevobpFee BackpackbpOrdersPrice spread, now −0.023%Rate

Funding earned: −$0.84
Price spread: −0.023% → −0.022%: −$0.11
Slippage, 4 orders: −$57.11
Fee Aevo: 8 bp × 2 orders: −$16
Fee Backpack: 5 bp × 2 orders: −$10
Net: −$84.06
Costs to cover: 0.831%
Break-even: never at this rate

Slippage from Aevo: live order book, 27 min ago; Backpack: live order book, 26 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 Aevo live order book, 27 min ago	21.93 bp	34.5 bp −$34	173.8 bp −$1,738	doesn't fit	doesn't fit
Sell Backpack live order book, 26 min ago	0.08 bp	7.2 bp −$7	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 −0.0092% / S +0.0288%	1h	61.967	−0.023%	$113K	—	200x	as long as short
Variational Omni LTC	−0.0047%	8h	61.757	−0.362%	$3.6M	$4.0M	—	as long as short
Kalshi KXLTCPERP	0.0000%	8h	62.024	+0.069%	$339K	$4.1M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	61.959	−0.036%	$31K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.245%	$5K	$22K	12x	as long as short
Gate LTC_USDT	+0.0072%	8h	62.030	+0.079%	$13.0M	$21.2M	75x	as long as short
Orderly PERP_LTC_USDC	+0.0100%	8h	61.970	−0.018%	$12K	$213K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	61.975	−0.010%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	61.960	−0.034%	$257K	$322K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	62.055	+0.119%	$37.6M	$23.7M	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster LTCUSDT	+0.0100%	8h	62.085	+0.168%	$2.6M	$2.3M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.987	+0.009%	$542K	$87K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	62.030	+0.079%	$96.1M	$222.9M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	62.010	+0.047%	$78.7M	$59.7M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	62.030	+0.079%	$27.7M	$75.4M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	62.050	+0.111%	$61.8M	$33.8M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	62.010	+0.047%	$19.1M	$12.7M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	62.050	+0.111%	$32.2M	$22.1M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	62.010	+0.047%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERPshort	+0.0100%	1h	61.967	−0.023%	$159K	$265K	10x
edgeX LTCUSDC	+0.0100%	4h	61.910	−0.115%	$42K	$356K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.930	−0.082%	$353K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.770	−0.341%	$103K	$708K	50x	as long as short
Polymarket Perps LTC-USD	+0.0100%	1h	61.956	−0.041%	$85K	$378K	10x	as long as short
SunX LTC-USDT	+0.0100%	8h	62.090	+0.176%	$17K	$4.2M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.990	+0.014%	$638	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	61.960	−0.034%	$1.9M	$4.8M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	62.010	+0.047%	$22.2M	$9.1M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	62.033	+0.084%	$688K	$1.1M	25x	as long as short
Aevo LTC-PERPlong	+0.0104%	1h	61.981	long leg	$473K	$499	3x
Deribit LTC_USDC-PERPETUAL	+0.0169%	1h	62.012	+0.050%	$700K	$1.1M	50x	as long as short
Lighter LTC	+0.0184%	1h	62.062	+0.130%	$1.3M	$1.2M	10x	as long as short
BloFin LTC-USDT	+0.0220%	8h	62.050	+0.111%	$4.8M	$11.8M	50x	as long as short
Reya LTCRUSDPERP	+0.0335%	1h	61.957	−0.038%	$8K	—	25x	as long as short
Kraken Futures PF_LTCUSD	+0.0433%	1h	62.019	+0.061%	$6.9M	$5.8M	50x	as long as short
Coinbase International LTC-PERP-INTX	+0.0848%	1h	62.130	+0.240%	$1.2M	$2.3M	50x	as long as short
dYdX LTC-USD	+0.0875%	1h	62.002	+0.034%	$436K	$8K	10x	as long as short