Funding arb · Price arb /

LTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0116%/8h= −12.7% APRpaid last 24h −0.035%

Price spread now: Extended against BloFin−0.167%94s7-day average −0.070% · you buy dearer than you sell

Net, funding: paid 7d − costs−$60as 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−$400.402% of the position

Long on BloFin Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.196%−$20 on $10k

Price spread, last 3 days (all we have)+0.057%+$6 · spread now −0.167%, 7d avg −0.070%

Together, before fees−0.139%+ Points / potential airdropExtended: Active · farm board−$14 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Extended is 0.096% cheaper against BloFin than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.070%). Swap the legs. The two prices were read 94 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	BloFin LTC-USDT	62.060	0.0220	pay 0.0220% / 8h	1h 59m	$4.9M	$11.8M	50x
Short	Extended LTC-USD	61.957	0.0104	get 0.0013% / 1h	59m 40s	$694K	$1.1M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against BloFin. 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 BloFinbpFee ExtendedbpOrdersPrice spread, now −0.167%Rate

Funding earned: −$24.36
Price spread: −0.167% → −0.070%: −$9.65
Slippage, 4 orders: −$23.21
Fee BloFin: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$74.22
Costs to cover: 0.402%
Break-even: never at this rate

Slippage from BloFin: live order book, 4 min ago; Extended: 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 BloFin live order book, 4 min ago	3.22 bp	9.2 bp −$9	10.1 bp −$101	21.6 bp −$2,157	98.0 bp −$49.0K
Sell Extended live order book, 4 min ago	4.03 bp	9.3 bp −$9	13.6 bp −$136	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	−0.0315%	1h	61.988	−0.116%	$79K	$371K	10x	as long as short
Variational Omni LTC	−0.0077%	8h	62.013	−0.076%	$3.6M	$4.0M	—	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0033% / S +0.0262%	1h	62.036	−0.038%	$128K	—	200x	as long as short
Gate LTC_USDT	−0.0019%	8h	61.960	−0.161%	$12.7M	$20.7M	75x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	62.044	−0.026%	$330K	$4.0M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	62.073	+0.021%	$694K	$1.0M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	62.043	−0.027%	$31K	—	150x	as long as short
Backpack LTC_USDC_PERP	+0.0007%	1h	61.998	−0.100%	$159K	$267K	10x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.366%	$5K	$22K	12x	as long as short
Lighter LTC	+0.0096%	1h	62.060	0.000%	$1.3M	$1.2M	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	62.040	−0.032%	$12K	$212K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	61.974	−0.138%	$16K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	62.000	−0.097%	$254K	$330K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	62.037	−0.037%	$38.1M	$23.2M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	62.049	−0.018%	$2.6M	$2.2M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.985	−0.120%	$542K	$84K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	62.000	−0.097%	$96.0M	$221.5M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	61.980	−0.129%	$78.5M	$59.6M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.970	−0.145%	$27.5M	$74.9M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.980	−0.129%	$60.6M	$34.2M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.990	−0.113%	$18.6M	$12.1M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.960	−0.161%	$32.2M	$21.8M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	61.970	−0.145%	—	$37.5M	—	as long as short
edgeX LTCUSDC	+0.0100%	4h	62.036	−0.039%	$42K	$348K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	62.045	−0.025%	$348K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	62.070	+0.016%	$104K	$712K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	62.110	+0.081%	$17K	$4.2M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	62.020	−0.064%	$639	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	61.980	−0.129%	$1.9M	$4.8M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	62.060	0.000%	$22.2M	$9.1M	50x	as long as short
Extended LTC-USDshort	+0.0104%	1h	61.957	−0.167%	$694K	$1.1M	25x
Aevo LTC-PERP	+0.0104%	1h	62.035	−0.040%	$474K	$499	3x	as long as short
BloFin LTC-USDTlong	+0.0220%	8h	62.060	long leg	$4.9M	$11.8M	50x
Kraken Futures PF_LTCUSD	+0.0228%	1h	62.058	−0.003%	$6.8M	$5.7M	50x	as long as short
Reya LTCRUSDPERP	+0.0334%	1h	62.008	−0.084%	$8K	—	25x	as long as short
dYdX LTC-USD	+0.0591%	1h	61.999	−0.098%	$436K	$8K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0712%	1h	62.060	0.000%	$1.2M	$2.1M	50x	as long as short