Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.008%

Price spread now: Nado against Bybit+0.049%7-day average +0.017% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$290.291% of the position

Long on Bybit Short on Nado

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.018%+$2 on $10k

Price spread, last 4 days (all we have)+0.127%+$13 · spread now +0.049%, 7d avg +0.017%

Together, before fees+0.144%+ Points / potential airdropNado: Active · farm board+$14 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: Nado is 0.033% dearer against Bybit than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.017%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit LTCUSDT	60.670	0.0100	pay 0.0100% / 8h	7h 21m	$77.4M	$61.8M	75x
Short	Nado LTC-PERP	60.700	0.0100	get 0.0012% / 1h	21m 52s	$258K	$350K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Bybit. 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 BybitbpFee NadobpOrdersPrice spread, now +0.049%Rate

Funding earned: $0
Price spread: +0.049% → +0.017%: $3.26
Slippage, 4 orders: −$11.15
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$25.89
Costs to cover: 0.291%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 min ago; Nado: live order book, 11 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 Bybit live order book, 2 min ago	0.83 bp	7.7 bp −$8	13.2 bp −$132	51.9 bp −$5,191	doesn't fit
Sell Nado live order book, 11 min ago	0.25 bp	6.9 bp −$7	18.5 bp −$185	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
Kraken Futures PF_LTCUSD	−0.0040%	1h	60.704	+0.055%	$6.5M	$6.7M	50x	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0019% / S +0.0146%	1h	60.612	−0.095%	$75K	—	200x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.772	+0.168%	$345K	$4.4M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0002%	1h	60.698	+0.046%	$25K	—	150x	as long as short
Variational Omni LTC	+0.0002%	8h	60.283	−0.637%	$3.5M	$2.7M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.198%	$5K	$22K	12x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0046%	1h	60.735	+0.107%	$686K	$1.1M	50x	as long as short
Lighter LTC	+0.0096%	1h	60.707	+0.061%	$932K	$1.6M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.670	0.000%	$13K	$91K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.677	+0.012%	$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-PERPshort	+0.0100%	1h	60.700	+0.049%	$258K	$350K	10x
Hyperliquid LTC	+0.0100%	1h	60.741	+0.117%	$38.0M	$25.5M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.730	+0.099%	$2.5M	$2.6M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.676	+0.011%	$530K	$82K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.688	+0.030%	$88.7M	$235.9M	75x	as long as short
Bybit LTCUSDTlong	+0.0100%	8h	60.670	long leg	$77.4M	$61.8M	75x
OKX LTC-USDT-SWAP	+0.0100%	8h	60.680	+0.016%	$26.9M	$76.6M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.670	0.000%	$14.4M	$21.6M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.690	+0.033%	$57.1M	$36.4M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.710	+0.066%	$18.1M	$13.5M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.690	+0.033%	$31.3M	$22.9M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	60.690	+0.033%	—	$18.7M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.675	+0.008%	$148K	$282K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.356	−0.518%	$41K	$376K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.397	−0.449%	$334K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.360	−0.511%	$106K	$712K	50x	as long as short
Polymarket Perps LTC-USD	+0.0100%	1h	60.700	+0.049%	$82K	$732K	10x	as long as short
SunX LTC-USDT	+0.0100%	8h	60.760	+0.148%	$17K	$3.8M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.690	+0.033%	$163	$6K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.670	0.000%	$2.0M	$5.1M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.700	+0.049%	$21.4M	$8.9M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.675	+0.007%	$680K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.685	+0.025%	$463K	—	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.610	−0.099%	$4.2M	$12.7M	50x	as long as short
Reya LTCRUSDPERP	+0.0339%	1h	60.676	+0.010%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0632%	1h	60.500	−0.280%	$1.1M	$2.6M	50x	as long as short
dYdX LTC-USD	+0.0754%	1h	60.690	+0.032%	$427K	$4K	10x	as long as short