LTC

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.007%

Price spread now: Aevo against Backpack+0.064%7-day average +0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$73as in the Funding arb table

Net, price: spread back to 7d avg − costs−$77as in the Price arb table

costs, in and out, $10k−$810.812% of the position

Long on Backpack Short on Aevo

What this pair did over the last

the charts below follow

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

Price spread, last 4 days (all we have)−0.022%−$2 · spread now +0.064%, 7d avg +0.022%

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

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.042% dearer against Backpack than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.022%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack LTC_USDC_PERP	60.920	0.0100	pay 0.0013% / 1h	16m 58s	$145K	$270K	10x
Short	Aevo LTC-PERP	60.959	0.0104	get 0.0013% / 1h	16m 58s	$465K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Backpack. 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 BackpackbpFee AevobpOrdersPrice spread, now +0.064%Rate

Funding earned: $0.84
Price spread: +0.064% → +0.022%: $4.18
Slippage, 4 orders: −$55.21
Fee Backpack: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$76.19
Costs to cover: 0.812%
Break-even: 641.9 days

Slippage from Backpack: live order book, 31 min ago; Aevo: live order book, 32 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 Backpack live order book, 31 min ago	0.08 bp	5.8 bp −$6	doesn't fit	doesn't fit	doesn't fit
Sell Aevo live order book, 32 min ago	23.85 bp	35.0 bp −$35	177.6 bp −$1,776	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	−0.0148%	1h	60.926	+0.010%	$87K	$666K	10x	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0049% / S +0.0184%	1h	60.947	+0.044%	$76K	—	200x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.978	+0.095%	$334K	$4.3M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0002%	1h	60.955	+0.058%	$25K	—	150x	as long as short
Kraken Futures PF_LTCUSD	+0.0012%	1h	60.967	+0.078%	$6.6M	$6.5M	50x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0012%	1h	60.985	+0.107%	$689K	$1.1M	50x	as long as short
Variational Omni LTC	+0.0028%	8h	60.814	−0.173%	$3.6M	$2.6M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.595%	$5K	$22K	12x	as long as short
Lighter LTC	+0.0096%	1h	60.974	+0.089%	$937K	$1.7M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.950	+0.049%	$13K	$134K	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	60.985	+0.106%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	60.955	+0.057%	$264K	$334K	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.963	+0.070%	$2.6M	$2.5M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.985	+0.107%	$533K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.904	−0.027%	$89.5M	$233.8M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.890	−0.049%	$77.1M	$61.6M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.890	−0.049%	$26.9M	$76.4M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.940	+0.033%	$13.3M	$22.2M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.930	+0.016%	$56.3M	$36.2M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.960	+0.066%	$18.0M	$13.1M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.910	−0.016%	$31.3M	$22.8M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	60.940	+0.033%	—	$18.4M	—	as long as short
Backpack LTC_USDC_PERPlong	+0.0100%	1h	60.920	long leg	$145K	$270K	10x
edgeX LTCUSDC	+0.0100%	4h	60.828	−0.151%	$41K	$375K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.020	+0.164%	$344K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.030	+0.181%	$107K	$716K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.040	+0.197%	$17K	$3.9M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.950	+0.049%	$163	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.930	+0.016%	$2.0M	$5.0M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.940	+0.033%	$21.6M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.884	−0.059%	$675K	$1.1M	25x	as long as short
Aevo LTC-PERPshort	+0.0104%	1h	60.959	+0.064%	$465K	—	3x
BloFin LTC-USDT	+0.0220%	8h	61.000	+0.131%	$4.1M	$12.5M	50x	as long as short
Hyperliquid LTC	+0.0250%	1h	60.994	+0.121%	$38.1M	$26.2M	10x	as long as short
dYdX LTC-USD	+0.0323%	1h	60.988	+0.112%	$429K	$7K	10x	as long as short
Reya LTCRUSDPERP	+0.0337%	1h	60.946	+0.043%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0728%	1h	61.120	+0.328%	$1.1M	$2.5M	50x	as long as short