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% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Pacifica against Nado−0.065%50s7-day average +0.030% · 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−$360.357% of the position

Long on Nado Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.202%−$20 · spread now −0.065%, 7d avg +0.030%

Together, before fees−0.202%+ Points / potential airdropNado: Active · Pacifica: Active · farm board−$20 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: Pacifica is 0.094% cheaper against Nado than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.030%. The two prices were read 50 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	61.125	0.0100	pay 0.0012% / 1h	0m 39s	$268K	$311K	10x
Short	Pacifica LTC	61.085	0.0100	get 0.0013% / 1h	0m 39s	$534K	$83K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.065%Rate

Funding earned: $0
Price spread: −0.065% → +0.030%: −$9.44
Slippage, 4 orders: −$20.66
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$45.1
Costs to cover: 0.357%
Break-even: 4633375239737995.0 days

Slippage from Nado: live order book, 2 min ago; Pacifica: live order book, 3 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, 2 min ago	0.57 bp	6.3 bp −$6	15.3 bp −$153	doesn't fit	doesn't fit
Sell Pacifica live order book, 3 min ago	3.27 bp	10.7 bp −$11	doesn't fit	doesn't fit	doesn't fit

LTC on 36 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 −0.0243% / S +0.0371%	1h	61.113	−0.020%	$111K	—	200x	as long as short
Polymarket Perps LTC-USD	−0.0179%	1h	61.058	−0.110%	$79K	$382K	10x	as long as short
Variational Omni LTC	−0.0020%	8h	61.094	−0.050%	$3.6M	$2.6M	—	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.107	−0.029%	$293K	$4.2M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0005%	1h	61.116	−0.015%	$19K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.918%	$5K	$22K	12x	as long as short
Kraken Futures PF_LTCUSD	+0.0049%	1h	61.140	+0.025%	$6.8M	$5.7M	50x	as long as short
Lighter LTC	+0.0096%	1h	61.162	+0.061%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0100%	8h	61.100	−0.041%	$13K	$210K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	61.072	−0.087%	$14K	$10K	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado LTC-PERPlong	+0.0100%	1h	61.125	long leg	$268K	$311K	10x
Hyperliquid LTC	+0.0100%	1h	61.124	−0.002%	$37.4M	$24.2M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	61.116	−0.015%	$2.6M	$2.3M	75x	as long as short
Pacifica LTCshort	+0.0100%	1h	61.085	−0.065%	$534K	$83K	10x
Binance LTCUSDT	+0.0100%	8h	61.089	−0.058%	$93.0M	$218.4M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	61.070	−0.090%	$77.7M	$57.3M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.090	−0.057%	$27.0M	$73.1M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	61.080	−0.074%	$12.8M	$20.9M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.080	−0.074%	$59.2M	$35.0M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.070	−0.090%	$18.2M	$12.6M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.070	−0.090%	$31.3M	$21.1M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	61.080	−0.074%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	61.076	−0.080%	$155K	$270K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	61.140	+0.025%	$41K	$374K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.143	+0.030%	$343K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.150	+0.041%	$113K	$710K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.230	+0.172%	$17K	$3.9M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.100	−0.041%	$164	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	61.040	−0.139%	$1.9M	$4.7M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.120	−0.008%	$21.8M	$8.9M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	61.065	−0.097%	$679K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.095	−0.050%	$467K	—	3x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0176%	1h	61.125	0.000%	$691K	$1.1M	50x	as long as short
Reya LTCRUSDPERP	+0.0336%	1h	61.066	−0.097%	$8K	—	25x	as long as short
dYdX LTC-USD	+0.0409%	1h	61.076	−0.080%	$429K	$8K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0808%	1h	61.290	+0.270%	$1.2M	$2.2M	50x	as long as short