Funding arb · Price arb /

LTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0098%/8h= +10.8% APRpaid last 24h +0.030%

Price spread now: Binance against gTrade (Gains Network)−0.064%62s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on Binance

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Binance is 0.064% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.064% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 2.2 days of funding at the current rate (+$3 a day). The two prices were read 62 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	gTrade (Gains Network) LTC/USD	60.754	L +0.0002% / S −0.0002%	pay 0.0000% / 1h	1m 29s	$25K	—	150x
Short	Binance LTCUSDT	60.715	0.0100	get 0.0100% / 8h	1h 01m	$89.2M	$234.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee BinancebpOrdersPrice spread, now −0.064%Rate

Funding earned: $20.66
Price spread: −0.064% → 0.000%: −$6.43
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$5.78
Costs to cover: 0.200%
Break-even: 9.0 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Binance: live order book, 12 min ago. Net counts fees only.

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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Binance live order book, 12 min ago	0.82 bp	6.4 bp −$6	10.9 bp −$109	33.5 bp −$3,354	108.6 bp −$54.3K

gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 −0.0037% / S +0.0167%	1h	60.747	−0.012%	$75K	—	200x	as long as short
Polymarket Perps LTC-USD	−0.0015%	1h	60.704	−0.083%	$82K	$740K	10x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.782	+0.046%	$334K	$4.4M	4x	as long as short
gTrade (Gains Network) LTC/USDlong	L +0.0002% / S −0.0002%	1h	60.754	long leg	$25K	—	150x
Deribit LTC_USDC-PERPETUAL	+0.0030%	1h	60.780	+0.042%	$687K	$1.1M	50x	as long as short
Variational Omni LTC	+0.0031%	8h	60.874	+0.198%	$3.5M	$2.6M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.332%	$5K	$22K	12x	as long as short
Lighter LTC	+0.0096%	1h	60.764	+0.016%	$930K	$1.7M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.720	−0.056%	$13K	$117K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.714	−0.066%	$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	60.735	−0.032%	$265K	$340K	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.769	+0.025%	$2.5M	$2.6M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.743	−0.018%	$531K	$82K	10x	as long as short
Binance LTCUSDTshort	+0.0100%	8h	60.715	−0.064%	$89.2M	$234.8M	75x
Bybit LTCUSDT	+0.0100%	8h	60.700	−0.089%	$77.0M	$61.6M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.720	−0.056%	$26.9M	$76.5M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.720	−0.056%	$13.8M	$22.3M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.720	−0.056%	$56.8M	$36.3M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.730	−0.040%	$18.3M	$13.4M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.720	−0.056%	$31.2M	$22.9M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	60.720	−0.056%	—	$18.6M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.749	−0.009%	$140K	$274K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.773	+0.031%	$41K	$376K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.790	+0.059%	$337K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.870	+0.191%	$107K	$712K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	60.810	+0.092%	$17K	$3.8M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.740	−0.023%	$163	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.740	−0.023%	$1.9M	$5.1M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.760	+0.010%	$21.4M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.708	−0.076%	$684K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.730	−0.040%	$464K	—	3x	as long as short
Kraken Futures PF_LTCUSD	+0.0131%	1h	60.772	+0.029%	$6.6M	$6.6M	50x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.800	+0.075%	$4.2M	$12.5M	50x	as long as short
Hyperliquid LTC	+0.0303%	1h	60.793	+0.064%	$38.3M	$26.6M	10x	as long as short
dYdX LTC-USD	+0.0304%	1h	60.758	+0.006%	$427K	$7K	10x	as long as short
Reya LTCRUSDPERP	+0.0338%	1h	60.701	−0.088%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0712%	1h	60.960	+0.339%	$1.1M	$2.5M	50x	as long as short