Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0240%/8h= −26.2% APRpaid last 24h −0.103%

Price spread now: Polymarket Perps against Binance−0.098%56s7-day average −0.061% · you buy dearer than you sell

Net, funding: paid 7d − costs−$52as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$300.298% of the position

Long on Binance Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.225%−$23 on $10k

Price spread, last 4 days (all we have)+0.207%+$21 · spread now −0.098%, 7d avg −0.061%

Together, before fees−0.018%−$2 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Polymarket Perps is 0.038% cheaper against Binance than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.061%). Swap the legs. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance LTCUSDT	60.950	0.0100	pay 0.0100% / 8h	5h 11m	$91.3M	$225.5M	75x
Short	Polymarket Perps LTC-USD	60.890	−0.0140	pay 0.0017% / 1h	11m 36s	$80K	$390K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now −0.098%Rate

Funding earned: −$50.3
Price spread: −0.098% → −0.061%: −$3.77
Slippage, 4 orders: −$11.78
Fee Binance: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$83.86
Costs to cover: 0.298%
Break-even: never at this rate

Slippage from Binance: live order book, 2 min ago; Polymarket Perps: live order book, 51 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, 2 min ago	0.82 bp	6.2 bp −$6	9.9 bp −$99	31.5 bp −$3,155	153.5 bp −$76.8K
Sell Polymarket Perps live order book, 51 min ago	1.97 bp	7.5 bp −$8	9.5 bp −$95	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 −0.0282% / S +0.0408%	1h	60.949	−0.001%	$111K	—	200x	as long as short
Polymarket Perps LTC-USDshort	−0.0140%	1h	60.890	−0.098%	$80K	$390K	10x
Kalshi KXLTCPERP	0.0000%	8h	60.964	+0.023%	$318K	$4.3M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	60.971	+0.034%	$691K	$1.1M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	60.950	0.000%	$30K	—	150x	as long as short
Variational Omni LTC	+0.0011%	8h	61.023	+0.120%	$3.6M	$2.6M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.642%	$5K	$22K	12x	as long as short
Lighter LTC	+0.0096%	1h	60.999	+0.080%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.930	−0.033%	$13K	$208K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.928	−0.036%	$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	60.950	0.000%	$265K	$326K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	60.998	+0.079%	$37.1M	$24.6M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.953	+0.005%	$2.6M	$2.5M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.952	+0.003%	$533K	$83K	10x	as long as short
Binance LTCUSDTlong	+0.0100%	8h	60.950	long leg	$91.3M	$225.5M	75x
Bybit LTCUSDT	+0.0100%	8h	60.960	+0.016%	$77.5M	$58.7M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.950	0.000%	$27.0M	$74.3M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.950	0.000%	$12.7M	$21.4M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.940	−0.016%	$57.9M	$35.0M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.940	−0.016%	$18.3M	$12.8M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.960	+0.016%	$32.6M	$22.3M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	60.950	0.000%	—	$38.1M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.917	−0.054%	$153K	$276K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.933	−0.028%	$41K	$373K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.924	−0.042%	$345K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.970	+0.033%	$102K	$717K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.020	+0.115%	$18K	$3.9M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.930	−0.033%	$163	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.930	−0.033%	$2.0M	$4.8M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.950	0.000%	$21.6M	$8.8M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.929	−0.034%	$675K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.931	−0.031%	$465K	—	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.940	−0.016%	$4.7M	$12.2M	50x	as long as short
dYdX LTC-USD	+0.0248%	1h	60.938	−0.020%	$428K	$8K	10x	as long as short
Reya LTCRUSDPERP	+0.0336%	1h	60.930	−0.033%	$8K	—	25x	as long as short
Kraken Futures PF_LTCUSD	+0.0349%	1h	60.961	+0.019%	$6.7M	$6.1M	50x	as long as short
Coinbase International LTC-PERP-INTX	+0.0832%	1h	61.260	+0.509%	$1.1M	$2.3M	50x	as long as short