Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0135%/8h= −14.8% APRpaid last 24h −0.139%

Price spread now: Polymarket Perps against BloFin−0.206%45s7-day average −0.074% · you buy dearer than you sell

Net, funding: paid 7d − costs−$83as 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−$390.387% of the position

Long on BloFin Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.447%−$45 on $10k

Price spread, last 3 days (all we have)+0.111%+$11 · spread now −0.206%, 7d avg −0.074%

Together, before fees−0.336%−$34 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Polymarket Perps is 0.133% cheaper against BloFin than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.074%). Swap the legs. The two prices were read 45 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	61.520	0.0220	pay 0.0220% / 8h	1h 08m	$4.8M	$11.7M	50x
Short	Polymarket Perps LTC-USD	61.393	0.0085	get 0.0011% / 1h	8m 19s	$85K	$378K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now −0.206%Rate

Funding earned: −$28.32
Price spread: −0.206% → −0.074%: −$13.29
Slippage, 4 orders: −$18.65
Fee BloFin: 6 bp × 2 orders: −$12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$80.27
Costs to cover: 0.387%
Break-even: never at this rate

Slippage from BloFin: live order book, 6 min ago; Polymarket Perps: live order book, 9 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, 6 min ago	4.07 bp	11.9 bp −$12	15.5 bp −$155	26.8 bp −$2,685	87.0 bp −$43.5K
Sell Polymarket Perps live order book, 9 min ago	2.93 bp	7.7 bp −$8	10.6 bp −$106	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 −0.0079% / S +0.0281%	1h	61.419	−0.164%	$112K	—	200x	as long as short
Variational Omni LTC	−0.0057%	8h	61.477	−0.070%	$3.6M	$4.0M	—	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.485	−0.057%	$337K	$4.1M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	61.428	−0.149%	$30K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−4.535%	$5K	$22K	12x	as long as short
Gate LTC_USDT	+0.0053%	8h	61.440	−0.130%	$12.9M	$21.3M	75x	as long as short
Polymarket Perps LTC-USDshort	+0.0085%	1h	61.393	−0.206%	$85K	$378K	10x
Kraken Futures PF_LTCUSD	+0.0087%	1h	61.448	−0.117%	$6.8M	$5.8M	50x	as long as short
Orderly PERP_LTC_USDC	+0.0100%	8h	61.430	−0.146%	$12K	$213K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	61.465	−0.089%	$14K	$10K	20x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado LTC-PERP	+0.0100%	1h	61.410	−0.179%	$252K	$321K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	61.466	−0.088%	$37.3M	$23.7M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	61.490	−0.049%	$2.6M	$2.3M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.505	−0.024%	$538K	$87K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.437	−0.136%	$95.2M	$222.6M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	61.410	−0.179%	$77.9M	$59.7M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.420	−0.163%	$27.4M	$74.4M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.440	−0.130%	$61.3M	$34.9M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.490	−0.049%	$19.0M	$12.6M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.430	−0.146%	$31.9M	$22.0M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	61.440	−0.130%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	61.475	−0.073%	$158K	$266K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	61.510	−0.017%	$42K	$355K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.510	−0.016%	$351K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.510	−0.016%	$103K	$708K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.570	+0.081%	$17K	$4.2M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.420	−0.163%	$633	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	61.450	−0.114%	$1.9M	$4.8M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.440	−0.130%	$22.0M	$9.1M	50x	as long as short
Lighter LTC	+0.0104%	1h	61.494	−0.042%	$1.3M	$1.2M	10x	as long as short
Extended LTC-USD	+0.0104%	1h	61.402	−0.191%	$685K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.431	−0.145%	$469K	$499	3x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0108%	1h	61.451	−0.112%	$694K	$1.1M	50x	as long as short
BloFin LTC-USDTlong	+0.0220%	8h	61.520	long leg	$4.8M	$11.7M	50x
Reya LTCRUSDPERP	+0.0334%	1h	61.402	−0.191%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0760%	1h	61.720	+0.325%	$1.2M	$2.2M	50x	as long as short
dYdX LTC-USD	+0.0980%	1h	61.500	−0.033%	$432K	$8K	10x	as long as short