Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0112%/8h= +12.3% APRpaid last 24h +0.160%

Price spread now: dYdX against Binance+0.020%7-day average −0.009% · you sell dearer than you buy

Net, funding: paid 7d − costs+$20as in the Funding arb table

Net, price: spread back to 7d avg − costs−$65as in the Price arb table

costs, in and out, $10k−$680.676% of the position

Long on Binance Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.879%+$88 on $10k

Price spread, last 4 days (all we have)−0.043%−$4 · spread now +0.020%, 7d avg −0.009%

Together, before fees+0.836%+$84 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 dYdX is 0.029% dearer against Binance than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.009%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance LTCUSDT	60.791	0.0100	pay 0.0100% / 8h	3h 23m	$89.7M	$231.9M	75x
Short	dYdX LTC-USD	60.803	0.0212	get 0.0027% / 1h	23m 29s	$427K	$7K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Binance. 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 BinancebpFee dYdXbpOrdersPrice spread, now +0.020%Rate

Funding earned: $23.55
Price spread: +0.020% → −0.009%: $2.85
Slippage, 4 orders: −$47.56
Fee Binance: 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$41.16
Costs to cover: 0.676%
Break-even: 19.2 days

Slippage from Binance: live order book, 5 min ago; dYdX: live order book, 31 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 Binance live order book, 5 min ago	0.82 bp	8.1 bp −$8	13.9 bp −$139	34.0 bp −$3,397	153.7 bp −$76.9K
Sell dYdX live order book, 31 min ago	15.48 bp	20.5 bp −$20	75.2 bp −$752	89.8 bp −$8,983	133.7 bp −$66.9K

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 −0.0254% / S +0.0399%	1h	60.802	+0.018%	$102K	—	200x	as long as short
Polymarket Perps LTC-USD	−0.0243%	1h	60.760	−0.051%	$93K	$612K	10x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.836	+0.074%	$346K	$4.3M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	60.800	+0.015%	$30K	—	150x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0013%	1h	60.819	+0.046%	$687K	$1.1M	50x	as long as short
Variational Omni LTC	+0.0024%	8h	60.814	+0.038%	$3.6M	$2.6M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.390%	$5K	$22K	12x	as long as short
Lighter LTC	+0.0096%	1h	60.832	+0.068%	$938K	$1.6M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.800	+0.015%	$13K	$146K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.785	−0.010%	$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	60.785	−0.010%	$267K	$331K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	60.855	+0.105%	$37.2M	$25.3M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.814	+0.038%	$2.6M	$2.5M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.808	+0.027%	$532K	$83K	10x	as long as short
Binance LTCUSDTlong	+0.0100%	8h	60.791	long leg	$89.7M	$231.9M	75x
Bybit LTCUSDT	+0.0100%	8h	60.780	−0.018%	$77.2M	$61.6M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.790	−0.002%	$26.8M	$76.1M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.790	−0.002%	$12.8M	$21.9M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.780	−0.018%	$57.7M	$35.5M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.800	+0.015%	$18.1M	$13.1M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.810	+0.031%	$31.3M	$22.9M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	60.800	+0.015%	—	$38.4M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.789	−0.003%	$146K	$279K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.868	+0.128%	$41K	$374K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.824	+0.054%	$344K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.890	+0.163%	$107K	$716K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	60.880	+0.146%	$18K	$3.9M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.780	−0.018%	$163	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.760	−0.051%	$2.0M	$5.0M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.810	+0.031%	$21.5M	$8.9M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.778	−0.021%	$675K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.779	−0.019%	$464K	—	3x	as long as short
dYdX LTC-USDshort	+0.0212%	1h	60.803	+0.020%	$427K	$7K	10x
BloFin LTC-USDT	+0.0220%	8h	60.790	−0.002%	$4.7M	$12.3M	50x	as long as short
Kraken Futures PF_LTCUSD	+0.0231%	1h	60.800	+0.014%	$6.7M	$6.4M	50x	as long as short
Reya LTCRUSDPERP	+0.0337%	1h	60.775	−0.027%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0792%	1h	60.970	+0.295%	$1.1M	$2.4M	50x	as long as short