Funding arb · Price arb /

LTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0066%/8h= −7.3% APRpaid last 24h −0.020%

Price spread now: Injective against Orderly−5.044%7-day average — · you buy dearer than you sell

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

Long on Orderly Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days+2.153%+$215 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 5.044% cheaper against Orderly than usual: you would sell low and buy high (−$504 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +2.153%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_LTC_USDC	61.850	0.0100	pay 0.0100% / 8h	25m 18s	$12K	$213K	20x
Short	Injective LTC/USDC PERP	58.730	0.0033	get 0.0004% / 1h	25m 18s	$5K	$22K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Orderly. 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 OrderlybpFee InjectivebpOrdersPrice spread, now −5.044%Rate

Funding earned: −$13.91
Price spread: −5.044% → 0.000%: −$504.45
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$524.38
Costs to cover: 0.060%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; Injective: no order-book sample. 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 Orderly no order-book sample	—	—	—	—	—
Sell Injective no order-book sample	—	—	—	—	—

Orderly and Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 −0.0117% / S +0.0305%	1h	61.829	−0.034%	$114K	—	200x	as long as short
Variational Omni LTC	−0.0043%	8h	61.828	−0.036%	$3.6M	$4.0M	—	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.916	+0.107%	$313K	$4.2M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	61.867	+0.027%	$698K	$1.1M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	61.829	−0.033%	$31K	—	150x	as long as short
Polymarket Perps LTC-USD	+0.0031%	1h	61.786	−0.103%	$85K	$378K	10x	as long as short
Injective LTC/USDC PERPshort	+0.0033%	1h	58.730	−5.044%	$5K	$22K	12x
Gate LTC_USDT	+0.0089%	8h	61.820	−0.049%	$13.0M	$21.3M	75x	as long as short
Orderly PERP_LTC_USDClong	+0.0100%	8h	61.850	long leg	$12K	$213K	20x
Paradex LTC-USD-PERP	+0.0100%	8h	61.827	−0.037%	$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	61.842	−0.012%	$263K	$323K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	61.855	+0.008%	$37.5M	$23.8M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	61.908	+0.093%	$2.6M	$2.3M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.840	−0.016%	$541K	$87K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.814	−0.058%	$95.8M	$223.1M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	61.790	−0.097%	$78.3M	$59.7M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.830	−0.032%	$27.6M	$75.3M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.810	−0.065%	$61.8M	$34.1M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.830	−0.032%	$19.1M	$12.6M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.810	−0.065%	$32.1M	$22.1M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	61.800	−0.081%	—	$37.7M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	61.804	−0.074%	$158K	$267K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	61.925	+0.121%	$42K	$355K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.916	+0.107%	$350K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.950	+0.162%	$118K	$712K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.910	+0.097%	$17K	$4.1M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.830	−0.032%	$637	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	61.850	0.000%	$1.9M	$4.9M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.870	+0.032%	$22.1M	$9.1M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	61.809	−0.066%	$688K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.853	+0.005%	$472K	$499	3x	as long as short
Lighter LTC	+0.0120%	1h	61.916	+0.107%	$1.3M	$1.2M	10x	as long as short
BloFin LTC-USDT	+0.0220%	8h	61.870	+0.032%	$4.9M	$11.8M	50x	as long as short
Reya LTCRUSDPERP	+0.0335%	1h	61.808	−0.068%	$8K	—	25x	as long as short
Kraken Futures PF_LTCUSD	+0.0434%	1h	61.857	+0.012%	$6.8M	$5.8M	50x	as long as short
dYdX LTC-USD	+0.0805%	1h	61.843	−0.012%	$435K	$8K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0848%	1h	62.050	+0.323%	$1.2M	$2.3M	50x	as long as short