Funding arb · Price arb /

LTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.005%

Price spread now: Deribit against edgeX+0.219%7-day average +0.055% · you sell dearer than you buy

Net, funding: paid 7d − costs−$55as in the Funding arb table

Net, price: spread back to 7d avg − costs−$24as in the Price arb table

costs, in and out, $10k−$400.402% of the position

Long on edgeX Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.147%−$15 on $10k

Price spread, last 3 days (all we have)−0.156%−$16 · spread now +0.219%, 7d avg +0.055%

Together, before fees−0.302%+ Points / potential airdropedgeX: Active · farm board−$30 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Deribit is 0.164% dearer against edgeX than usual: you sell high and buy low (spread +0.219% now, against its 7-day average of +0.055%): +$16 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 5.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX LTCUSDC	61.961	0.0100	pay 0.0050% / 4h	2h 03m	$42K	$347K	20x
Short	Deribit LTC_USDC-PERPETUAL	62.097	0	get 0.0000% / 1h	3m 06s	$695K	$1.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against edgeX. 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 edgeXbpFee DeribitbpOrdersPrice spread, now +0.219%Rate

Funding earned: −$21
Price spread: +0.219% → +0.055%: $16.35
Slippage, 4 orders: −$24.2
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$44.85
Costs to cover: 0.402%
Break-even: never at this rate

Slippage from edgeX: live order book, 20 min ago; Deribit: live order book, 1 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 edgeX live order book, 20 min ago	6.41 bp	11.1 bp −$11	19.4 bp −$194	doesn't fit	doesn't fit
Sell Deribit live order book, 1 min ago	2.41 bp	12.3 bp −$12	15.3 bp −$153	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	−0.0314%	1h	62.000	+0.062%	$79K	$371K	10x	as long as short
Variational Omni LTC	−0.0081%	8h	61.962	+0.001%	$3.6M	$4.0M	—	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0033% / S +0.0262%	1h	62.058	+0.155%	$128K	—	200x	as long as short
Gate LTC_USDT	−0.0020%	8h	62.030	+0.111%	$12.8M	$21.0M	75x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	62.054	+0.149%	$329K	$4.0M	4x	as long as short
Deribit LTC_USDC-PERPETUALshort	0.0000%	1h	62.097	+0.219%	$695K	$1.0M	50x
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	62.063	+0.164%	$31K	—	150x	as long as short
Backpack LTC_USDC_PERP	+0.0004%	1h	62.030	+0.111%	$159K	$267K	10x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.215%	$5K	$22K	12x	as long as short
Bybit LTCUSDT	+0.0095%	8h	62.030	+0.111%	$78.6M	$59.6M	75x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter LTC	+0.0096%	1h	62.132	+0.275%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	62.050	+0.143%	$12K	$212K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	62.038	+0.123%	$16K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	61.983	+0.034%	$254K	$330K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	62.112	+0.243%	$38.1M	$23.2M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	62.112	+0.243%	$2.6M	$2.2M	75x	as long as short
Pacifica LTC	+0.0100%	1h	62.055	+0.151%	$543K	$84K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	62.055	+0.152%	$96.1M	$221.5M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	62.040	+0.127%	$27.5M	$75.0M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	62.050	+0.143%	$60.6M	$35.6M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	62.060	+0.159%	$18.7M	$12.1M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	62.040	+0.127%	$32.2M	$21.8M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	62.050	+0.143%	—	$6.5M	—	as long as short
edgeX LTCUSDClong	+0.0100%	4h	61.961	long leg	$42K	$347K	20x
GRVT LTC_USDT_Perp	+0.0100%	8h	61.935	−0.043%	$347K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.970	+0.014%	$103K	$711K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	62.140	+0.288%	$17K	$4.2M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	62.050	+0.143%	$639	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	62.040	+0.127%	$1.9M	$4.9M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	62.080	+0.191%	$22.2M	$9.1M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	62.032	+0.114%	$694K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	62.061	+0.161%	$474K	$499	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	62.060	+0.159%	$4.9M	$11.8M	50x	as long as short
Kraken Futures PF_LTCUSD	+0.0227%	1h	62.099	+0.222%	$6.8M	$5.8M	50x	as long as short
Reya LTCRUSDPERP	+0.0334%	1h	62.030	+0.111%	$8K	—	25x	as long as short
dYdX LTC-USD	+0.0584%	1h	62.077	+0.186%	$436K	$8K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0712%	1h	62.060	+0.159%	$1.2M	$2.1M	50x	as long as short