Funding arb · Price arb /

LTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%

Price spread now: Pacifica against Kalshi−0.157%7-day average +0.002% · 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−$66as in the Price arb table

costs, in and out, $10k−$500.498% of the position

Long on Kalshi Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.145%+$15 on $10k

Price spread, last 4 days (all we have)−0.216%−$22 · spread now −0.157%, 7d avg +0.002%

Together, before fees−0.070%+ Points / potential airdropPacifica: Active · farm board−$7 on $10k · with fees, hour by hour

Funding pays, the price is against you. Pacifica is 0.159% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.157% now, against its 7-day average of +0.002%). If the spread goes back, that is −$16 on $10k: about 5.3 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXLTCPERP	60.772	0	get 0.0000% / 8h	3h 21m	$345K	$4.4M	4x
Short	Pacifica LTC	60.676	0.0100	get 0.0013% / 1h	21m 57s	$530K	$82K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.157%Rate

Funding earned: $21
Price spread: −0.157% → +0.002%: −$15.88
Slippage, 4 orders: −$31.83
Fee Kalshi: 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$44.72
Costs to cover: 0.498%
Break-even: 21.9 days

Slippage from Kalshi: live order book, 2 min ago; Pacifica: live order book, 12 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, 2 min ago	2.64 bp	11.8 bp −$12	20.1 bp −$201	doesn't fit	doesn't fit
Sell Pacifica live order book, 12 min ago	4.14 bp	17.5 bp −$18	doesn't fit	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
Kraken Futures PF_LTCUSD	−0.0040%	1h	60.704	−0.113%	$6.5M	$6.7M	50x	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0019% / S +0.0146%	1h	60.612	−0.263%	$75K	—	200x	as long as short
Kalshi KXLTCPERPlong	0.0000%	8h	60.772	long leg	$345K	$4.4M	4x
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0002%	1h	60.698	−0.122%	$25K	—	150x	as long as short
Variational Omni LTC	+0.0002%	8h	60.283	−0.804%	$3.5M	$2.7M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.360%	$5K	$22K	12x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0046%	1h	60.735	−0.061%	$686K	$1.1M	50x	as long as short
Lighter LTC	+0.0096%	1h	60.707	−0.107%	$932K	$1.6M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.670	−0.168%	$13K	$91K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.677	−0.156%	$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	60.700	−0.118%	$258K	$350K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	60.741	−0.051%	$38.0M	$25.5M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.730	−0.069%	$2.5M	$2.6M	75x	as long as short
Pacifica LTCshort	+0.0100%	1h	60.676	−0.157%	$530K	$82K	10x
Binance LTCUSDT	+0.0100%	8h	60.688	−0.138%	$88.7M	$235.9M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.670	−0.168%	$77.4M	$61.8M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.680	−0.151%	$26.9M	$76.6M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.670	−0.168%	$14.4M	$21.6M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.690	−0.135%	$57.1M	$36.4M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.710	−0.102%	$18.1M	$13.5M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.690	−0.135%	$31.3M	$22.9M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	60.690	−0.135%	—	$18.7M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.675	−0.160%	$148K	$282K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.356	−0.685%	$41K	$376K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.397	−0.617%	$334K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.360	−0.678%	$106K	$712K	50x	as long as short
Polymarket Perps LTC-USD	+0.0100%	1h	60.700	−0.118%	$82K	$732K	10x	as long as short
SunX LTC-USDT	+0.0100%	8h	60.760	−0.020%	$17K	$3.8M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.690	−0.135%	$163	$6K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.670	−0.168%	$2.0M	$5.1M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.700	−0.118%	$21.4M	$8.9M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.675	−0.160%	$680K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.685	−0.143%	$463K	—	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.610	−0.267%	$4.2M	$12.7M	50x	as long as short
Reya LTCRUSDPERP	+0.0339%	1h	60.676	−0.158%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0632%	1h	60.500	−0.448%	$1.1M	$2.6M	50x	as long as short
dYdX LTC-USD	+0.0754%	1h	60.690	−0.135%	$427K	$4K	10x	as long as short