Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0140%/8h= −15.3% APRpaid last 24h +0.014%

Price spread now: Kraken Futures against BingX+0.015%7-day average +0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs−$62as in the Funding arb table

Net, price: spread back to 7d avg − costs−$67as in the Price arb table

costs, in and out, $10k−$660.664% of the position

Long on BingX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.040%+$4 on $10k

Price spread, last 4 days (all we have)−0.001%$0 · spread now +0.015%, 7d avg +0.024%

Together, before fees+0.039%+$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.024%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX LTC-USDC	60.400	0.0100	pay 0.0100% / 8h	7h 25m	—	$6.5M	—
Short	Kraken Futures PF_LTCUSD	60.409	−0.0040	pay 0.0005% / 1h	25m 02s	$6.5M	$6.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against BingX. 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 BingXbpFee Kraken FuturesbpOrdersPrice spread, now +0.015%Rate

Funding earned: −$29.39
Price spread: +0.015% → +0.024%: −$0.91
Slippage, 4 orders: −$46.37
Fee BingX: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$96.66
Costs to cover: 0.664%
Break-even: never at this rate

Slippage from BingX: live order book, 10 min ago; Kraken Futures: live order book, 4 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 BingX live order book, 10 min ago	1.65 bp	14.3 bp −$14	27.7 bp −$277	93.9 bp −$9,394	452.2 bp −$226.1K
Sell Kraken Futures live order book, 4 min ago	7.48 bp	22.3 bp −$22	40.7 bp −$407	286.1 bp −$28.6K	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
Kraken Futures PF_LTCUSDshort	−0.0040%	1h	60.409	+0.015%	$6.5M	$6.7M	50x
GMX LTC/USD [ETH-USDC]	L −0.0020% / S +0.0146%	1h	60.379	−0.035%	$75K	—	200x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.399	−0.002%	$343K	$4.4M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	60.409	+0.015%	$682K	$1.1M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0002%	1h	60.384	−0.027%	$25K	—	150x	as long as short
Variational Omni LTC	+0.0002%	8h	60.283	−0.193%	$3.5M	$2.7M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−2.765%	$5K	$22K	12x	as long as short
Bybit LTCUSDT	+0.0072%	8h	60.390	−0.017%	$76.8M	$61.6M	75x	as long as short
Gate LTC_USDT	+0.0078%	8h	60.390	−0.017%	$14.3M	$21.6M	75x	as long as short
Lighter LTC	+0.0096%	1h	60.411	+0.018%	$928K	$1.6M	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_LTC_USDC	+0.0099%	8h	60.360	−0.066%	$13K	$91K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.361	−0.065%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	60.400	0.000%	$256K	$349K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	60.443	+0.071%	$37.9M	$25.9M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.426	+0.044%	$2.5M	$2.6M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.382	−0.029%	$528K	$82K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.400	0.000%	$88.3M	$236.5M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.410	+0.017%	$26.8M	$76.3M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.380	−0.033%	$57.6M	$36.3M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.390	−0.017%	$18.0M	$13.5M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.410	+0.017%	$31.1M	$23.0M	75x	as long as short
BingX LTC-USDClong	+0.0100%	8h	60.400	long leg	—	$6.5M	—
Backpack LTC_USDC_PERP	+0.0100%	1h	60.390	−0.017%	$146K	$280K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.331	−0.114%	$41K	$376K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.379	−0.036%	$334K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.360	−0.066%	$106K	$712K	50x	as long as short
Polymarket Perps LTC-USD	+0.0100%	1h	60.425	+0.041%	$81K	$732K	10x	as long as short
SunX LTC-USDT	+0.0100%	8h	60.450	+0.083%	$17K	$3.8M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.380	−0.033%	$162	$6K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.370	−0.050%	$2.0M	$5.1M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.420	+0.033%	$21.3M	$8.9M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.388	−0.020%	$677K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.357	−0.071%	$461K	—	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.390	−0.017%	$4.2M	$12.6M	50x	as long as short
Reya LTCRUSDPERP	+0.0339%	1h	60.360	−0.066%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0632%	1h	60.760	+0.596%	$1.1M	$2.6M	50x	as long as short
dYdX LTC-USD	+0.0815%	1h	60.369	−0.052%	$425K	$4K	10x	as long as short