Funding arb · Price arb /

LTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.017%

Price spread now: Bybit against Nado−0.358%49s7-day average −0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

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

costs, in and out, $10k−$290.289% of the position

Long on Nado Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.019%−$2 on $10k

Price spread, last 4 days (all we have)+0.024%+$2 · spread now −0.358%, 7d avg −0.021%

Together, before fees+0.005%+ Points / potential airdropNado: Active · farm board+$1 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.337% cheaper against Nado than usual: you would sell low and buy high, −$34 on $10k if it goes back to its 7-day average of −0.021%. The two prices were read 49 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	Nado LTC-PERP	61.430	0.0100	pay 0.0012% / 1h	42m 46s	$263K	$311K	10x
Short	Bybit LTCUSDT	61.210	0.0100	get 0.0100% / 8h	6h 42m	$77.8M	$58.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Nado. 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 NadobpFee BybitbpOrdersPrice spread, now −0.358%Rate

Funding earned: $0
Price spread: −0.358% → −0.021%: −$33.72
Slippage, 4 orders: −$10.93
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$62.65
Costs to cover: 0.289%
Break-even: 6436921734910058.0 days

Slippage from Nado: live order book, 25 min ago; Bybit: live order book, 1 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 Nado live order book, 25 min ago	0.32 bp	6.4 bp −$6	17.8 bp −$178	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	0.81 bp	8.3 bp −$8	15.3 bp −$153	46.6 bp −$4,661	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	−0.0311%	1h	61.355	−0.122%	$79K	$382K	10x	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0209% / S +0.0352%	1h	61.425	−0.008%	$112K	—	200x	as long as short
Variational Omni LTC	−0.0039%	8h	61.485	+0.090%	$3.6M	$2.6M	—	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.481	+0.083%	$294K	$4.2M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	61.437	+0.011%	$701K	$1.1M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0005%	1h	61.415	−0.025%	$20K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−4.395%	$5K	$22K	12x	as long as short
Kraken Futures PF_LTCUSD	+0.0049%	1h	61.434	+0.006%	$6.8M	$5.8M	50x	as long as short
Lighter LTC	+0.0096%	1h	61.294	−0.221%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0100%	8h	61.420	−0.016%	$13K	$219K	20x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex LTC-USD-PERP	+0.0100%	8h	61.211	−0.356%	$14K	$10K	20x	as long as short
Nado LTC-PERPlong	+0.0100%	1h	61.430	long leg	$263K	$311K	10x
Hyperliquid LTC	+0.0100%	1h	61.278	−0.247%	$37.4M	$23.9M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	61.305	−0.204%	$2.6M	$2.3M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.237	−0.315%	$535K	$86K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.210	−0.358%	$93.5M	$222.3M	75x	as long as short
Bybit LTCUSDTshort	+0.0100%	8h	61.210	−0.358%	$77.8M	$58.1M	75x
OKX LTC-USDT-SWAP	+0.0100%	8h	61.210	−0.358%	$27.2M	$74.4M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	61.230	−0.326%	$12.8M	$20.4M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.230	−0.326%	$60.4M	$34.2M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.250	−0.293%	$18.5M	$12.9M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.210	−0.358%	$31.5M	$21.2M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	61.240	−0.309%	—	$37.9M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	61.324	−0.173%	$157K	$279K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	61.552	+0.199%	$42K	$358K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.410	−0.032%	$343K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.590	+0.260%	$104K	$714K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.540	+0.179%	$17K	$4.0M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.400	−0.049%	$632	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	61.400	−0.049%	$1.9M	$4.9M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.380	−0.081%	$21.9M	$8.9M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	61.215	−0.350%	$679K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.405	−0.040%	$469K	—	3x	as long as short
dYdX LTC-USD	+0.0145%	1h	61.261	−0.275%	$431K	$8K	10x	as long as short
BloFin LTC-USDT	+0.0220%	8h	61.620	+0.309%	$4.8M	$12.3M	50x	as long as short
Reya LTCRUSDPERP	+0.0335%	1h	61.401	−0.047%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0808%	1h	61.640	+0.342%	$1.2M	$2.2M	50x	as long as short