Funding arb · Price arb /

LTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.002%

Price spread now: Lighter against HTX+0.076%7-day average +0.082% · you sell dearer than you buy

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$340.338% of the position

Long on HTX Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days−0.048%−$5 on $10k

Price spread, last 4 days (all we have)−0.024%−$2 · spread now +0.076%, 7d avg +0.082%

Together, before fees−0.072%+ Points / potential airdropLighter: Season 3 · farm board−$7 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX LTC-USDT	60.780	0.0100	pay 0.0100% / 8h	1h 03m	$1.9M	$5.1M	75x
Short	Lighter LTC	60.826	0.0096	get 0.0012% / 1h	3m 31s	$931K	$1.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against HTX. 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 HTXbpFee LighterbpOrdersPrice spread, now +0.076%Rate

Funding earned: −$0.84
Price spread: +0.076% → +0.082%: −$0.62
Slippage, 4 orders: −$21.81
Fee HTX: 6 bp × 2 orders: −$12
Fee Lighter: 0 bp × 2 orders: $0
Net: −$35.26
Costs to cover: 0.338%
Break-even: never at this rate

Slippage from HTX: live order book, 5 min ago; Lighter: live order book, 3 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 HTX live order book, 5 min ago	3.29 bp	10.9 bp −$11	16.3 bp −$163	51.2 bp −$5,121	doesn't fit
Sell Lighter live order book, 3 min ago	4.27 bp	7.0 bp −$7	15.0 bp −$150	130.5 bp −$13.1K	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 −0.0037% / S +0.0168%	1h	60.796	+0.026%	$75K	—	200x	as long as short
Polymarket Perps LTC-USD	−0.0011%	1h	60.763	−0.028%	$82K	$740K	10x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.854	+0.122%	$334K	$4.4M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	60.821	+0.067%	$688K	$1.1M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0002%	1h	60.800	+0.033%	$25K	—	150x	as long as short
Variational Omni LTC	+0.0031%	8h	60.874	+0.155%	$3.5M	$2.6M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.373%	$5K	$22K	12x	as long as short
Lighter LTCshort	+0.0096%	1h	60.826	+0.076%	$931K	$1.7M	10x
Orderly PERP_LTC_USDC	+0.0099%	8h	60.780	0.000%	$13K	$117K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.768	−0.019%	$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	60.780	0.000%	$266K	$340K	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.846	+0.108%	$2.5M	$2.6M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.820	+0.066%	$532K	$82K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.790	+0.016%	$89.3M	$234.9M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.770	−0.016%	$77.1M	$61.6M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.780	0.000%	$26.9M	$76.6M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.800	+0.033%	$13.8M	$22.2M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.780	0.000%	$56.9M	$36.3M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.800	+0.033%	$18.2M	$13.4M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.800	+0.033%	$31.3M	$22.9M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	60.790	+0.016%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.789	+0.015%	$140K	$274K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.849	+0.113%	$41K	$376K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.840	+0.099%	$337K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.870	+0.148%	$107K	$712K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	60.840	+0.099%	$17K	$3.8M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.780	0.000%	$163	$5K	10x	as long as short
HTX LTC-USDTlong	+0.0100%	8h	60.780	long leg	$1.9M	$5.1M	75x
Phemex LTCUSDT	+0.0100%	8h	60.810	+0.049%	$21.4M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.773	−0.012%	$684K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.780	0.000%	$464K	—	3x	as long as short
Kraken Futures PF_LTCUSD	+0.0131%	1h	60.808	+0.046%	$6.6M	$6.6M	50x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.820	+0.066%	$4.2M	$12.5M	50x	as long as short
dYdX LTC-USD	+0.0299%	1h	60.822	+0.069%	$427K	$7K	10x	as long as short
Hyperliquid LTC	+0.0309%	1h	60.868	+0.145%	$38.3M	$26.6M	10x	as long as short
Reya LTCRUSDPERP	+0.0338%	1h	60.766	−0.024%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0712%	1h	60.960	+0.296%	$1.1M	$2.5M	50x	as long as short