Funding arb · Price arb /

LTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0120%/8h= −13.2% APRpaid last 24h −0.060%

Price spread now: Variational Omni against Nado+0.032%7-day average −0.034% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Nado Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.101%−$10 on $10k

Price spread, last 4 days (all we have)+0.021%+$2 · spread now +0.032%, 7d avg −0.034%

Together, before fees−0.080%+ Points / potential airdropNado: Active · Variational Omni: Active · farm board−$8 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Variational Omni is 0.066% dearer against Nado than usual: you sell high and buy low (spread +0.032% now, against its 7-day average of −0.034%): +$7 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 44 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado LTC-PERP	61.075	0.0100	pay 0.0012% / 1h	58m 23s	$267K	$310K	10x
Short	Variational Omni LTC	61.094	−0.0020	pay 0.0020% / 8h	5h 58m	$3.6M	$2.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Nado. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpOrdersPrice spread, now +0.032%Rate

Funding earned: −$25.26
Price spread: +0.032% → −0.034%: $6.57
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$25.69
Costs to cover: 0.070%
Break-even: never at this rate

Slippage unknown: Nado: live order book, 4 min ago; Variational Omni: RFQ quote, 1 min ago. Net counts fees only.

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, 4 min ago	0.57 bp	6.3 bp −$6	15.3 bp −$153	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 1 min ago	3.53 bp	doesn't fit	10.7 bp −$107	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 −0.0245% / S +0.0372%	1h	61.033	−0.069%	$111K	—	200x	as long as short
Variational Omni LTCshort	−0.0020%	8h	61.094	+0.032%	$3.6M	$2.6M	—
Kalshi KXLTCPERP	0.0000%	8h	61.153	+0.128%	$293K	$4.2M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0005%	1h	61.036	−0.064%	$19K	—	150x	as long as short
Polymarket Perps LTC-USD	+0.0025%	1h	61.007	−0.111%	$79K	$382K	10x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.840%	$5K	$22K	12x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0078%	1h	61.087	+0.020%	$690K	$1.1M	50x	as long as short
Orderly PERP_LTC_USDC	+0.0100%	8h	61.040	−0.057%	$13K	$210K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	61.086	+0.018%	$14K	$10K	20x	as long as short
Nado LTC-PERPlong	+0.0100%	1h	61.075	long leg	$267K	$310K	10x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid LTC	+0.0100%	1h	61.081	+0.010%	$37.3M	$24.2M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	61.086	+0.018%	$2.6M	$2.3M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.075	0.000%	$534K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.050	−0.040%	$93.0M	$218.0M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	61.030	−0.074%	$77.6M	$57.3M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.030	−0.074%	$27.0M	$72.9M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	61.040	−0.057%	$12.8M	$20.7M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.040	−0.057%	$59.0M	$34.0M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.050	−0.041%	$18.2M	$12.6M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.030	−0.074%	$31.3M	$21.1M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	61.050	−0.041%	—	$37.9M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	61.046	−0.047%	$155K	$270K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	61.105	+0.049%	$41K	$375K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.143	+0.112%	$343K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.110	+0.057%	$113K	$709K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.270	+0.319%	$17K	$3.9M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.070	−0.008%	$164	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	61.100	+0.041%	$1.9M	$4.7M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.080	+0.008%	$21.7M	$8.9M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	61.031	−0.073%	$679K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.060	−0.024%	$466K	—	3x	as long as short
Lighter LTC	+0.0184%	1h	61.145	+0.115%	$1.3M	$1.2M	10x	as long as short
Reya LTCRUSDPERP	+0.0336%	1h	61.016	−0.097%	$8K	—	25x	as long as short
Kraken Futures PF_LTCUSD	+0.0348%	1h	61.106	+0.051%	$6.8M	$5.6M	50x	as long as short
dYdX LTC-USD	+0.0605%	1h	61.069	−0.010%	$429K	$8K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0832%	1h	61.290	+0.352%	$1.2M	$2.2M	50x	as long as short