Funding arb · Price arb /

LTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h 0.000%

Price spread now: Aster against Deribit−0.022%7-day average +0.031% · you buy dearer than you sell

Net, funding: paid 7d − costs−$24as in the Funding arb table

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

costs, in and out, $10k−$360.364% of the position

Long on Deribit Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.121%+$12 on $10k

Price spread, last 4 days (all we have)+0.047%+$5 · spread now −0.022%, 7d avg +0.031%

Together, before fees+0.169%+ Points / potential airdropAster: Stage 5 · farm board+$17 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aster is 0.053% cheaper against Deribit than usual: you would sell low and buy high (spread −0.022% now, against its 7-day average of +0.031%). If the spread goes back, that is −$5 on $10k: about 2.6 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit LTC_USDC-PERPETUAL	60.368	0.0032	pay 0.0004% / 1h	44m 07s	$684K	$1.1M	50x
Short	Aster LTCUSDT	60.355	0.0100	get 0.0100% / 8h	4h 44m	$2.6M	$2.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Deribit. 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 DeribitbpFee AsterbpOrdersPrice spread, now −0.022%Rate

Funding earned: $14.28
Price spread: −0.022% → +0.031%: −$5.29
Slippage, 4 orders: −$21.43
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Aster: 4 bp × 2 orders: −$8
Net: −$27.44
Costs to cover: 0.364%
Break-even: 20.5 days

Slippage from Deribit: live order book, 5 min ago; Aster: 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 Deribit live order book, 5 min ago	4.15 bp	8.7 bp −$9	14.8 bp −$148	doesn't fit	doesn't fit
Sell Aster live order book, 4 min ago	2.49 bp	11.7 bp −$12	16.5 bp −$165	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 −0.0307% / S +0.0420%	1h	60.353	−0.024%	$109K	—	200x	as long as short
Polymarket Perps LTC-USD	−0.0217%	1h	60.278	−0.149%	$79K	$397K	10x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.330	−0.063%	$335K	$4.4M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	60.354	−0.023%	$30K	—	150x	as long as short
Variational Omni LTC	+0.0020%	8h	60.194	−0.288%	$3.5M	$2.6M	—	as long as short
Deribit LTC_USDC-PERPETUALlong	+0.0032%	1h	60.368	long leg	$684K	$1.1M	50x
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−2.713%	$5K	$22K	12x	as long as short
Lighter LTC	+0.0096%	1h	60.352	−0.027%	$949K	$1.6M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.340	−0.046%	$13K	$183K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.272	−0.159%	$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	60.340	−0.046%	$265K	$333K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	60.397	+0.047%	$36.7M	$24.8M	10x	as long as short
Aster LTCUSDTshort	+0.0100%	8h	60.355	−0.022%	$2.6M	$2.6M	75x
Pacifica LTC	+0.0100%	1h	60.286	−0.136%	$527K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.365	−0.005%	$89.7M	$229.1M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.350	−0.030%	$76.3M	$60.0M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.370	+0.003%	$26.6M	$74.7M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.350	−0.030%	$12.4M	$21.6M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.370	+0.003%	$56.0M	$35.2M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.340	−0.046%	$18.1M	$12.9M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.390	+0.036%	$32.1M	$22.4M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	60.370	+0.003%	—	$38.3M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.362	−0.010%	$152K	$278K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.195	−0.286%	$41K	$375K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.242	−0.208%	$335K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.240	−0.212%	$107K	$719K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	60.420	+0.086%	$17K	$3.9M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.350	−0.030%	$162	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.290	−0.129%	$1.9M	$5.0M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.370	+0.003%	$21.4M	$8.9M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.319	−0.081%	$668K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.340	−0.046%	$461K	—	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.200	−0.278%	$4.7M	$12.1M	50x	as long as short
Kraken Futures PF_LTCUSD	+0.0297%	1h	60.371	+0.005%	$6.7M	$6.2M	50x	as long as short
Reya LTCRUSDPERP	+0.0336%	1h	60.329	−0.064%	$8K	—	25x	as long as short
dYdX LTC-USD	+0.0426%	1h	60.248	−0.199%	$424K	$8K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0848%	1h	60.300	−0.113%	$1.1M	$2.3M	50x	as long as short