Funding arb · Price arb /

LTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0120%/8h= −13.1% APRpaid last 24h −0.036%

Price spread now: Nado against BloFin−0.041%7-day average −0.031% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$310.315% of the position

Long on BloFin Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.119%−$12 on $10k

Price spread, last 4 days (all we have)−0.026%−$3 · spread now −0.041%, 7d avg −0.031%

Together, before fees−0.145%+ Points / potential airdropNado: Active · farm board−$14 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.031%, 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	BloFin LTC-USDT	60.930	0.0220	pay 0.0220% / 8h	2h 50m	$4.7M	$12.4M	50x
Short	Nado LTC-PERP	60.905	0.0100	get 0.0012% / 1h	50m 06s	$265K	$335K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now −0.041%Rate

Funding earned: −$25.2
Price spread: −0.041% → −0.031%: −$1.03
Slippage, 4 orders: −$12.47
Fee BloFin: 6 bp × 2 orders: −$12
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$57.71
Costs to cover: 0.315%
Break-even: never at this rate

Slippage from BloFin: live order book, 4 min ago; Nado: live order book, 63 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	1.64 bp	9.4 bp −$9	12.0 bp −$120	23.9 bp −$2,391	89.1 bp −$44.5K
Sell Nado live order book, 63 min ago	0.25 bp	7.7 bp −$8	19.9 bp −$199	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 −0.0229% / S +0.0381%	1h	60.883	−0.077%	$96K	—	200x	as long as short
Polymarket Perps LTC-USD	−0.0196%	1h	60.852	−0.128%	$84K	$625K	10x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.912	−0.030%	$337K	$4.3M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	60.900	−0.049%	$688K	$1.1M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	60.885	−0.074%	$30K	—	150x	as long as short
Kraken Futures PF_LTCUSD	+0.0012%	1h	60.861	−0.114%	$6.7M	$6.5M	50x	as long as short
Variational Omni LTC	+0.0027%	8h	60.884	−0.075%	$3.6M	$2.6M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.611%	$5K	$22K	12x	as long as short
Lighter LTC	+0.0096%	1h	60.875	−0.090%	$935K	$1.7M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.880	−0.082%	$13K	$140K	20x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex LTC-USD-PERP	+0.0100%	8h	60.901	−0.047%	$14K	$10K	20x	as long as short
Nado LTC-PERPshort	+0.0100%	1h	60.905	−0.041%	$265K	$335K	10x
Aster LTCUSDT	+0.0100%	8h	60.850	−0.131%	$2.6M	$2.5M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.920	−0.016%	$533K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.822	−0.177%	$89.5M	$233.0M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.820	−0.181%	$77.0M	$62.1M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.820	−0.181%	$26.8M	$76.4M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.830	−0.164%	$13.0M	$22.0M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.850	−0.131%	$57.9M	$35.4M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.880	−0.082%	$18.0M	$13.1M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.850	−0.131%	$31.2M	$23.0M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	60.830	−0.164%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.835	−0.156%	$143K	$271K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.804	−0.207%	$41K	$375K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.870	−0.099%	$337K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.840	−0.148%	$107K	$716K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	60.950	+0.033%	$17K	$3.9M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.840	−0.148%	$163	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.840	−0.148%	$2.0M	$5.0M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.850	−0.131%	$21.5M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.844	−0.142%	$675K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.853	−0.126%	$465K	—	3x	as long as short
BloFin LTC-USDTlong	+0.0220%	8h	60.930	long leg	$4.7M	$12.4M	50x
Hyperliquid LTC	+0.0297%	1h	60.906	−0.039%	$38.1M	$26.1M	10x	as long as short
Reya LTCRUSDPERP	+0.0337%	1h	60.871	−0.097%	$8K	—	25x	as long as short
dYdX LTC-USD	+0.0391%	1h	60.887	−0.071%	$428K	$7K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0728%	1h	61.060	+0.213%	$1.1M	$2.5M	50x	as long as short