Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.002%

Price spread now: MEXC against Lighter−0.028%7-day average −0.025% · you buy dearer than you sell

Net, funding: paid 7d − costs−$15as in the Funding arb table

Net, price: spread back to 7d avg − costs−$15as in the Price arb table

costs, in and out, $10k−$150.151% of the position

Long on Lighter Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.003%$0 on $10k

Price spread, last 7 days−0.016%−$2 · spread now −0.028%, 7d avg −0.025%

Together, before fees−0.019%+ Points / potential airdropLighter: Season 3 · farm board−$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter LTC	61.077	0.0096	pay 0.0012% / 1h	46m 31s	$942K	$1.6M	10x
Short	MEXC LTC_USDT	61.060	0.0100	get 0.0100% / 8h	3h 46m	$58.0M	$35.4M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Lighter. 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 LighterbpFee MEXCbpOrdersPrice spread, now −0.028%Rate

Funding earned: $0.84
Price spread: −0.028% → −0.025%: −$0.26
Slippage, 4 orders: −$15.13
Fee Lighter: 0 bp × 2 orders: $0
Fee MEXC: 0 bp × 2 orders: $0
Net: −$14.55
Costs to cover: 0.151%
Break-even: 128.2 days

Slippage from Lighter: live order book, 5 min ago; MEXC: live order book, 2 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 Lighter live order book, 5 min ago	2.69 bp	5.5 bp −$6	17.8 bp −$178	115.2 bp −$11.5K	doesn't fit
Sell MEXC live order book, 2 min ago	1.63 bp	2.3 bp −$2	6.9 bp −$69	22.5 bp −$2,254	60.8 bp −$30.4K

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 −0.0309% / S +0.0418%	1h	61.134	+0.093%	$105K	—	200x	as long as short
Polymarket Perps LTC-USD	−0.0235%	1h	61.080	+0.005%	$93K	$612K	10x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.126	+0.080%	$347K	$4.4M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	61.099	+0.036%	$690K	$1.1M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	61.125	+0.078%	$30K	—	150x	as long as short
Variational Omni LTC	+0.0027%	8h	61.314	+0.388%	$3.6M	$2.6M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.843%	$5K	$22K	12x	as long as short
Lighter LTClong	+0.0096%	1h	61.077	long leg	$942K	$1.6M	10x
Orderly PERP_LTC_USDC	+0.0100%	8h	61.060	−0.028%	$13K	$134K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	61.027	−0.083%	$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	61.085	+0.013%	$268K	$334K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	61.140	+0.103%	$37.4M	$25.2M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	61.119	+0.069%	$2.6M	$2.6M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.075	−0.003%	$534K	$82K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.040	−0.061%	$90.2M	$232.3M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	61.050	−0.044%	$77.7M	$61.8M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.040	−0.061%	$26.9M	$76.5M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	61.030	−0.077%	$12.8M	$21.9M	75x	as long as short
MEXC LTC_USDTshort	+0.0100%	8h	61.060	−0.028%	$58.0M	$35.4M	200x
KuCoin LTCUSDTM	+0.0100%	8h	61.040	−0.061%	$18.2M	$13.1M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.040	−0.061%	$31.5M	$22.9M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	61.040	−0.061%	—	$38.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	61.059	−0.029%	$149K	$278K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	61.166	+0.146%	$41K	$375K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.160	+0.136%	$341K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.190	+0.185%	$107K	$716K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.170	+0.152%	$17K	$3.9M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.060	−0.028%	$164	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	61.010	−0.110%	$2.0M	$5.0M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.080	+0.005%	$21.6M	$8.9M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	61.008	−0.114%	$679K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.044	−0.053%	$466K	—	3x	as long as short
dYdX LTC-USD	+0.0219%	1h	61.100	+0.037%	$429K	$8K	10x	as long as short
BloFin LTC-USDT	+0.0220%	8h	61.030	−0.077%	$4.7M	$12.3M	50x	as long as short
Kraken Futures PF_LTCUSD	+0.0230%	1h	61.072	−0.009%	$6.7M	$6.3M	50x	as long as short
Reya LTCRUSDPERP	+0.0337%	1h	61.106	+0.047%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0792%	1h	61.240	+0.267%	$1.1M	$2.4M	50x	as long as short