Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0013%/8h= +1.4% APRpaid last 24h −0.002%

Price spread now: edgeX against Kraken Futures−0.170%7-day average −0.034% · you buy dearer than you sell

Net, funding: paid 7d − costs−$46as in the Funding arb table

Net, price: spread back to 7d avg − costs−$57as in the Price arb table

costs, in and out, $10k−$440.438% of the position

Long on Kraken Futures Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.021%−$2 on $10k

Price spread, last 3 days (all we have)+0.148%+$15 · spread now −0.170%, 7d avg −0.034%

Together, before fees+0.127%+ Points / potential airdropedgeX: Active · farm board+$13 on $10k · with fees, hour by hour

Funding pays, the price is against you. edgeX is 0.136% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.170% now, against its 7-day average of −0.034%). If the spread goes back, that is −$14 on $10k: about 34 days of funding at the current rate ($0 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_LTCUSD	61.951	0.0087	pay 0.0011% / 1h	44m 45s	$6.8M	$5.7M	50x
Short	edgeX LTCUSDC	61.846	0.0100	get 0.0050% / 4h	1h 44m	$42K	$348K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Kraken Futures. 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 Kraken FuturesbpFee edgeXbpOrdersPrice spread, now −0.170%Rate

Funding earned: $2.78
Price spread: −0.170% → −0.034%: −$13.58
Slippage, 4 orders: −$24.77
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$54.57
Costs to cover: 0.438%
Break-even: 144.4 days

Slippage from Kraken Futures: live order book, 4 min ago; edgeX: live order book, 39 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 Kraken Futures live order book, 4 min ago	2.42 bp	12.2 bp −$12	21.7 bp −$217	72.0 bp −$7,200	doesn't fit
Sell edgeX live order book, 39 min ago	6.41 bp	10.9 bp −$11	18.0 bp −$180	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
Variational Omni LTC	−0.0072%	8h	61.779	−0.277%	$3.6M	$4.0M	—	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0036% / S +0.0265%	1h	61.912	−0.063%	$128K	—	200x	as long as short
Polymarket Perps LTC-USD	−0.0027%	1h	61.878	−0.117%	$81K	$374K	10x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.914	−0.059%	$331K	$4.1M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	61.912	−0.062%	$31K	—	150x	as long as short
Gate LTC_USDT	+0.0005%	8h	61.960	+0.015%	$12.8M	$21.0M	75x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.199%	$5K	$22K	12x	as long as short
Backpack LTC_USDC_PERP	+0.0039%	1h	61.883	−0.109%	$159K	$265K	10x	as long as short
Kraken Futures PF_LTCUSDlong	+0.0087%	1h	61.951	long leg	$6.8M	$5.7M	50x
Lighter LTC	+0.0096%	1h	62.008	+0.093%	$1.3M	$1.2M	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_LTC_USDC	+0.0099%	8h	61.910	−0.066%	$12K	$212K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	61.925	−0.041%	$16K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	61.860	−0.146%	$254K	$329K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	62.001	+0.081%	$38.1M	$23.1M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	61.944	−0.011%	$2.6M	$2.2M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.960	+0.015%	$542K	$84K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.955	+0.007%	$95.9M	$222.1M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	61.930	−0.033%	$78.5M	$59.6M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.950	−0.001%	$27.5M	$74.9M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.960	+0.015%	$62.3M	$34.5M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.960	+0.015%	$18.7M	$12.2M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.950	−0.001%	$32.1M	$21.8M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	61.960	+0.015%	—	$37.5M	—	as long as short
edgeX LTCUSDCshort	+0.0100%	4h	61.846	−0.170%	$42K	$348K	20x
GRVT LTC_USDT_Perp	+0.0100%	8h	61.810	−0.227%	$346K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.880	−0.114%	$103K	$712K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.990	+0.064%	$17K	$4.2M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.910	−0.066%	$638	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	61.900	−0.082%	$1.9M	$4.8M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.920	−0.049%	$22.2M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	61.943	−0.012%	$691K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.919	−0.051%	$473K	$499	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	61.900	−0.082%	$4.8M	$11.7M	50x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0283%	1h	61.949	−0.003%	$693K	$1.0M	50x	as long as short
Reya LTCRUSDPERP	+0.0334%	1h	61.890	−0.097%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0760%	1h	61.950	−0.001%	$1.2M	$2.2M	50x	as long as short
dYdX LTC-USD	+0.0871%	1h	61.921	−0.048%	$435K	$8K	10x	as long as short