Funding arb · Price arb /

LTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0127%/8h= +13.9% APRpaid last 24h −0.001%

Price spread now: Kraken Futures against Bitget+0.095%7-day average +0.041% · you sell dearer than you buy

Net, funding: paid 7d − costs−$42as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$440.439% of the position

Long on Bitget Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.023%+$2 on $10k

Price spread, last 3 days (all we have)−0.039%−$4 · spread now +0.095%, 7d avg +0.041%

Together, before fees−0.016%−$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Kraken Futures is 0.054% dearer against Bitget than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.041%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget LTCUSDT	62.040	0.0100	pay 0.0100% / 8h	2h 03m	$32.2M	$21.8M	75x
Short	Kraken Futures PF_LTCUSD	62.099	0.0227	get 0.0028% / 1h	3m 05s	$6.8M	$5.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Bitget. 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 BitgetbpFee Kraken FuturesbpOrdersPrice spread, now +0.095%Rate

Funding earned: $26.75
Price spread: +0.095% → +0.041%: $5.39
Slippage, 4 orders: −$21.94
Fee Bitget: 6 bp × 2 orders: −$12
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$11.8
Costs to cover: 0.439%
Break-even: 10.1 days

Slippage from Bitget: live order book, 1 min ago; Kraken Futures: live order book, 1 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 Bitget live order book, 1 min ago	2.42 bp	11.0 bp −$11	14.9 bp −$149	28.1 bp −$2,812	doesn't fit
Sell Kraken Futures live order book, 1 min ago	2.42 bp	13.1 bp −$13	20.1 bp −$201	67.7 bp −$6,768	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	−0.0314%	1h	62.000	−0.064%	$79K	$371K	10x	as long as short
Variational Omni LTC	−0.0081%	8h	61.962	−0.125%	$3.6M	$4.0M	—	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0033% / S +0.0262%	1h	62.058	+0.028%	$128K	—	200x	as long as short
Gate LTC_USDT	−0.0020%	8h	62.030	−0.016%	$12.8M	$21.0M	75x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	62.054	+0.023%	$329K	$4.0M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	62.097	+0.092%	$695K	$1.0M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	62.063	+0.037%	$31K	—	150x	as long as short
Backpack LTC_USDC_PERP	+0.0004%	1h	62.030	−0.016%	$159K	$267K	10x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.335%	$5K	$22K	12x	as long as short
Bybit LTCUSDT	+0.0095%	8h	62.030	−0.016%	$78.6M	$59.6M	75x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter LTC	+0.0096%	1h	62.132	+0.148%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	62.050	+0.016%	$12K	$212K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	62.038	−0.003%	$16K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	61.983	−0.093%	$254K	$330K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	62.112	+0.116%	$38.1M	$23.2M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	62.112	+0.116%	$2.6M	$2.2M	75x	as long as short
Pacifica LTC	+0.0100%	1h	62.055	+0.024%	$543K	$84K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	62.055	+0.025%	$96.1M	$221.5M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	62.040	0.000%	$27.5M	$75.0M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	62.050	+0.016%	$60.6M	$35.6M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	62.060	+0.032%	$18.7M	$12.1M	75x	as long as short
Bitget LTCUSDTlong	+0.0100%	8h	62.040	long leg	$32.2M	$21.8M	75x
BingX LTC-USDC	+0.0100%	8h	62.050	+0.016%	—	$6.5M	—	as long as short
edgeX LTCUSDC	+0.0100%	4h	61.961	−0.127%	$42K	$347K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.935	−0.170%	$347K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.970	−0.113%	$103K	$711K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	62.140	+0.161%	$17K	$4.2M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	62.050	+0.016%	$639	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	62.040	0.000%	$1.9M	$4.9M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	62.080	+0.064%	$22.2M	$9.1M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	62.032	−0.013%	$694K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	62.061	+0.034%	$474K	$499	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	62.060	+0.032%	$4.9M	$11.8M	50x	as long as short
Kraken Futures PF_LTCUSDshort	+0.0227%	1h	62.099	+0.095%	$6.8M	$5.8M	50x
Reya LTCRUSDPERP	+0.0334%	1h	62.030	−0.016%	$8K	—	25x	as long as short
dYdX LTC-USD	+0.0584%	1h	62.077	+0.059%	$436K	$8K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0712%	1h	62.060	+0.032%	$1.2M	$2.1M	50x	as long as short