Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%

Price spread now: ApeX Omni against Kalshi−0.180%78s7-day average +0.049% · you buy dearer than you sell

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$560.555% of the position

Long on Kalshi Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.209%+$21 on $10k

Price spread, last 3 days (all we have)+0.134%+$13 · spread now −0.180%, 7d avg +0.049%

Together, before fees+0.344%+$34 on $10k · with fees, hour by hour

Funding pays, the price is against you. ApeX Omni is 0.229% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.180% now, against its 7-day average of +0.049%). If the spread goes back, that is −$23 on $10k: about 7.6 days of funding at the current rate (+$3 a day). The two prices were read 78 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	Kalshi KXLTCPERP	62.292	0	get 0.0000% / 8h	3h 24m	$316K	$4.1M	4x
Short	ApeX Omni LTCUSDT	62.180	0.0100	get 0.0013% / 1h	24m 01s	$119K	$706K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Kalshi. 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 KalshibpFee ApeX OmnibpOrdersPrice spread, now −0.180%Rate

Funding earned: $21
Price spread: −0.180% → +0.049%: −$22.89
Slippage, 4 orders: −$35.51
Fee Kalshi: 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$57.4
Costs to cover: 0.555%
Break-even: 26.1 days

Slippage from Kalshi: live order book, 4 min ago; ApeX Omni: live order book, 50 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 Kalshi live order book, 4 min ago	2.01 bp	12.4 bp −$12	18.9 bp −$189	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 50 min ago	8.89 bp	16.9 bp −$17	84.2 bp −$842	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	−0.0267%	1h	62.165	−0.204%	$86K	$370K	10x	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0195% / S +0.0359%	1h	62.263	−0.046%	$123K	—	200x	as long as short
Variational Omni LTC	−0.0043%	8h	62.235	−0.092%	$3.7M	$2.6M	—	as long as short
Kalshi KXLTCPERPlong	0.0000%	8h	62.292	long leg	$316K	$4.1M	4x
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	62.267	−0.040%	$31K	—	150x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0007%	1h	62.273	−0.031%	$714K	$1.1M	50x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.718%	$5K	$22K	12x	as long as short
Lighter LTC	+0.0096%	1h	62.302	+0.016%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0100%	8h	62.240	−0.083%	$12K	$212K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	62.250	−0.068%	$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	62.210	−0.132%	$267K	$314K	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	62.336	+0.071%	$2.7M	$2.3M	75x	as long as short
Pacifica LTC	+0.0100%	1h	62.264	−0.045%	$544K	$87K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	62.200	−0.148%	$95.9M	$221.5M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	62.200	−0.148%	$78.9M	$57.7M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	62.190	−0.164%	$27.7M	$75.2M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	62.230	−0.100%	$13.0M	$20.8M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	62.210	−0.132%	$62.1M	$34.3M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	62.260	−0.051%	$19.2M	$12.7M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	62.210	−0.132%	$32.3M	$21.8M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	62.220	−0.116%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	62.207	−0.136%	$159K	$264K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	62.161	−0.210%	$42K	$356K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	62.177	−0.185%	$352K	$1.9M	10x	as long as short
ApeX Omni LTCUSDTshort	+0.0100%	1h	62.180	−0.180%	$119K	$706K	50x
SunX LTC-USDT	+0.0100%	8h	62.310	+0.029%	$18K	$4.1M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	62.210	−0.132%	$641	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	62.240	−0.083%	$2.0M	$4.7M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	62.240	−0.083%	$22.2M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	62.171	−0.194%	$690K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	62.232	−0.096%	$475K	—	3x	as long as short
Hyperliquid LTC	+0.0120%	1h	62.297	+0.008%	$38.0M	$23.8M	10x	as long as short
Kraken Futures PF_LTCUSD	+0.0210%	1h	62.257	−0.056%	$6.9M	$5.8M	50x	as long as short
BloFin LTC-USDT	+0.0220%	8h	62.250	−0.067%	$4.9M	$11.9M	50x	as long as short
Reya LTCRUSDPERP	+0.0335%	1h	62.206	−0.138%	$8K	—	25x	as long as short
dYdX LTC-USD	+0.0667%	1h	62.279	−0.020%	$438K	$8K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0840%	1h	62.380	+0.141%	$1.2M	$2.2M	50x	as long as short