Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Pacifica against Phemex−0.057%7-day average −0.032% · you buy dearer than you sell

Net, funding: paid 7d − costs−$56as in the Funding arb table

Net, price: spread back to 7d avg − costs−$52as in the Price arb table

costs, in and out, $10k−$490.492% of the position

Long on Phemex Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.065%−$7 on $10k

Price spread, last 3 days (all we have)+0.045%+$4 · spread now −0.057%, 7d avg −0.032%

Together, before fees−0.021%+ Points / potential airdropPacifica: Active · farm board−$2 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 0.025% cheaper against Phemex than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.032%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex LTCUSDT	61.120	0.0100	pay 0.0100% / 8h	6h 00m	$21.8M	$8.9M	50x
Short	Pacifica LTC	61.085	0.0100	get 0.0013% / 1h	0m 22s	$534K	$83K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Phemex. 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 PhemexbpFee PacificabpOrdersPrice spread, now −0.057%Rate

Funding earned: $0
Price spread: −0.057% → −0.032%: −$2.48
Slippage, 4 orders: −$29.2
Fee Phemex: 6 bp × 2 orders: −$12
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$51.68
Costs to cover: 0.492%
Break-even: never at this rate

Slippage from Phemex: live order book, 4 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 Phemex live order book, 4 min ago	5.72 bp	13.3 bp −$13	24.8 bp −$248	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 −0.0244% / S +0.0371%	1h	61.043	−0.127%	$111K	—	200x	as long as short
Polymarket Perps LTC-USD	−0.0175%	1h	61.020	−0.164%	$79K	$382K	10x	as long as short
Variational Omni LTC	−0.0020%	8h	61.094	−0.042%	$3.6M	$2.6M	—	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.107	−0.021%	$293K	$4.2M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0005%	1h	61.055	−0.106%	$19K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.910%	$5K	$22K	12x	as long as short
Kraken Futures PF_LTCUSD	+0.0049%	1h	61.140	+0.033%	$6.8M	$5.7M	50x	as long as short
Lighter LTC	+0.0096%	1h	61.162	+0.069%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0100%	8h	61.050	−0.115%	$13K	$210K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	61.072	−0.078%	$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-PERP	+0.0100%	1h	61.080	−0.065%	$267K	$311K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	61.105	−0.025%	$37.4M	$24.2M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	61.115	−0.008%	$2.6M	$2.3M	75x	as long as short
Pacifica LTCshort	+0.0100%	1h	61.085	−0.057%	$534K	$83K	10x
Binance LTCUSDT	+0.0100%	8h	61.070	−0.082%	$93.0M	$218.2M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	61.040	−0.131%	$77.6M	$57.3M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.050	−0.115%	$27.0M	$73.0M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	61.050	−0.115%	$12.8M	$20.9M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.060	−0.098%	$59.2M	$35.0M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.050	−0.115%	$18.2M	$12.6M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.040	−0.131%	$31.3M	$21.1M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	61.050	−0.115%	—	$37.9M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	61.076	−0.072%	$155K	$270K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	61.140	+0.034%	$41K	$374K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.143	+0.038%	$343K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.150	+0.049%	$113K	$710K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.180	+0.098%	$17K	$3.9M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.100	−0.033%	$164	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	61.040	−0.131%	$1.9M	$4.7M	75x	as long as short
Phemex LTCUSDTlong	+0.0100%	8h	61.120	long leg	$21.8M	$8.9M	50x
Extended LTC-USD	+0.0104%	1h	61.066	−0.089%	$679K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.054	−0.109%	$466K	—	3x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0176%	1h	61.125	+0.008%	$691K	$1.1M	50x	as long as short
Reya LTCRUSDPERP	+0.0336%	1h	61.035	−0.139%	$8K	—	25x	as long as short
dYdX LTC-USD	+0.0409%	1h	61.076	−0.072%	$429K	$8K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0808%	1h	61.290	+0.278%	$1.2M	$2.2M	50x	as long as short