Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0183%/8h= +20.1% APRpaid last 24h +0.041%

Price spread now: Kraken Futures against Kalshi+0.001%7-day average +0.034% · you sell dearer than you buy

Net, funding: paid 7d − costs−$20as in the Funding arb table

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$450.447% of the position

Long on Kalshi Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.251%+$25 on $10k

Price spread, last 4 days (all we have)−0.009%−$1 · spread now +0.001%, 7d avg +0.034%

Together, before fees+0.242%+$24 on $10k · with fees, hour by hour

Funding pays, the price is against you. Kraken Futures is 0.033% cheaper against Kalshi than usual: you would sell low and buy high (spread +0.001% now, against its 7-day average of +0.034%). If the spread goes back, that is −$3 on $10k: about 15 hours of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXLTCPERP	60.753	0	get 0.0000% / 8h	4h 09m	$332K	$4.3M	4x
Short	Kraken Futures PF_LTCUSD	60.753	0.0183	get 0.0023% / 1h	9m 11s	$6.6M	$6.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.001%Rate

Funding earned: $38.47
Price spread: +0.001% → +0.034%: −$3.32
Slippage, 4 orders: −$24.71
Fee Kalshi: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$9.57
Costs to cover: 0.447%
Break-even: 8.7 days

Slippage from Kalshi: live order book, 4 min ago; Kraken Futures: live order book, 5 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	2.14 bp	10.0 bp −$10	19.2 bp −$192	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 5 min ago	1.65 bp	13.5 bp −$14	17.1 bp −$171	75.2 bp −$7,517	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	−0.0067%	1h	60.691	−0.102%	$82K	$732K	10x	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0026% / S +0.0156%	1h	60.738	−0.025%	$76K	—	200x	as long as short
Kalshi KXLTCPERPlong	0.0000%	8h	60.753	long leg	$332K	$4.3M	4x
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0002%	1h	60.738	−0.025%	$25K	—	150x	as long as short
Variational Omni LTC	+0.0011%	8h	60.657	−0.157%	$3.6M	$2.7M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.330%	$5K	$22K	12x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0063%	1h	60.765	+0.020%	$687K	$1.1M	50x	as long as short
Lighter LTC	+0.0096%	1h	60.758	+0.008%	$930K	$1.7M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.710	−0.071%	$13K	$103K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.714	−0.065%	$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	60.710	−0.071%	$263K	$343K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	60.782	+0.047%	$38.2M	$26.4M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.750	−0.005%	$2.5M	$2.6M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.720	−0.054%	$531K	$82K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.722	−0.051%	$89.1M	$234.8M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.710	−0.071%	$77.1M	$61.5M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.710	−0.071%	$26.9M	$76.6M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.720	−0.054%	$14.1M	$22.2M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.730	−0.038%	$56.5M	$36.4M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.730	−0.038%	$18.0M	$13.4M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.720	−0.054%	$31.2M	$22.8M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	60.720	−0.054%	—	$18.6M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.730	−0.038%	$141K	$273K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.697	−0.093%	$41K	$375K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.750	−0.005%	$338K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.710	−0.071%	$107K	$714K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	60.800	+0.077%	$17K	$3.8M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.720	−0.054%	$163	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.690	−0.104%	$2.0M	$5.1M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.750	−0.005%	$21.4M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.701	−0.086%	$680K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.719	−0.056%	$464K	—	3x	as long as short
Kraken Futures PF_LTCUSDshort	+0.0183%	1h	60.753	+0.001%	$6.6M	$6.6M	50x
dYdX LTC-USD	+0.0194%	1h	60.722	−0.051%	$427K	$6K	10x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.680	−0.120%	$4.2M	$12.5M	50x	as long as short
Reya LTCRUSDPERP	+0.0338%	1h	60.713	−0.066%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0680%	1h	60.820	+0.110%	$1.1M	$2.5M	50x	as long as short