Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Phemex against Bitget+0.016%7-day average +0.070% · you sell dearer than you buy

Net, funding: paid 7d − costs−$43as in the Funding arb table

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$430.429% of the position

Long on Bitget Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days+0.002%$0 on $10k

Price spread, last 3 days (all we have)+0.107%+$11 · spread now +0.016%, 7d avg +0.070%

Together, before fees+0.108%+$11 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: Phemex is 0.054% cheaper against Bitget than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.070%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget LTCUSDT	62.150	0.0100	pay 0.0100% / 8h	2h 11m	$32.2M	$21.8M	75x
Short	Phemex LTCUSDT	62.160	0.0100	get 0.0100% / 8h	2h 11m	$22.3M	$9.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex 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 PhemexbpOrdersPrice spread, now +0.016%Rate

Funding earned: $0
Price spread: +0.016% → +0.070%: −$5.43
Slippage, 4 orders: −$18.91
Fee Bitget: 6 bp × 2 orders: −$12
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$48.34
Costs to cover: 0.429%
Break-even: never at this rate

Slippage from Bitget: live order book, 7 min ago; Phemex: live order book, 2 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, 7 min ago	0.80 bp	9.8 bp −$10	17.9 bp −$179	36.5 bp −$3,649	doesn't fit
Sell Phemex live order book, 2 min ago	0.80 bp	11.3 bp −$11	19.2 bp −$192	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	−0.0317%	1h	62.093	−0.092%	$79K	$371K	10x	as long as short
Variational Omni LTC	−0.0083%	8h	62.342	+0.309%	$3.6M	$4.0M	—	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0031% / S +0.0260%	1h	62.144	−0.009%	$129K	—	200x	as long as short
Gate LTC_USDT	−0.0024%	8h	62.160	+0.016%	$12.8M	$20.9M	75x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	62.188	+0.061%	$330K	$4.0M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	62.170	+0.032%	$695K	$1.0M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	62.144	−0.009%	$31K	—	150x	as long as short
Backpack LTC_USDC_PERP	+0.0030%	1h	62.104	−0.074%	$160K	$268K	10x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.503%	$5K	$22K	12x	as long as short
Bybit LTCUSDT	+0.0092%	8h	62.140	−0.016%	$78.7M	$59.7M	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	62.233	+0.134%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	62.150	0.000%	$12K	$212K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	62.150	−0.001%	$16K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	62.115	−0.056%	$254K	$328K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	62.215	+0.105%	$38.2M	$23.1M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	62.184	+0.055%	$2.6M	$2.1M	75x	as long as short
Pacifica LTC	+0.0100%	1h	62.155	+0.007%	$544K	$84K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	62.150	0.000%	$96.2M	$221.4M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	62.140	−0.016%	$27.7M	$75.0M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	62.150	0.000%	$61.0M	$35.5M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	62.140	−0.016%	$18.8M	$12.1M	75x	as long as short
Bitget LTCUSDTlong	+0.0100%	8h	62.150	long leg	$32.2M	$21.8M	75x
BingX LTC-USDC	+0.0100%	8h	62.160	+0.016%	—	$6.5M	—	as long as short
edgeX LTCUSDC	+0.0100%	4h	62.326	+0.282%	$42K	$347K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	62.371	+0.355%	$345K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	62.330	+0.290%	$104K	$712K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	62.230	+0.129%	$18K	$4.2M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	62.120	−0.048%	$640	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	62.110	−0.064%	$1.9M	$4.9M	75x	as long as short
Phemex LTCUSDTshort	+0.0100%	8h	62.160	+0.016%	$22.3M	$9.1M	50x
Extended LTC-USD	+0.0104%	1h	62.144	−0.010%	$694K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	62.145	−0.008%	$475K	$499	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	62.140	−0.016%	$4.9M	$11.8M	50x	as long as short
Kraken Futures PF_LTCUSD	+0.0227%	1h	62.165	+0.023%	$6.8M	$5.8M	50x	as long as short
Reya LTCRUSDPERP	+0.0334%	1h	62.115	−0.056%	$8K	—	25x	as long as short
dYdX LTC-USD	+0.0554%	1h	62.156	+0.010%	$437K	$8K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0712%	1h	62.510	+0.579%	$1.2M	$2.1M	50x	as long as short