Settings8H · net · $10k
Funding arb · Price arb /

LTC

all LTC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0236%/8h= −25.8% APRnext payment $0.29 per $10,000 · paid last 24h −0.075%
Price spread now: Backpack against Reya−0.030%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Backpack is 0.030% cheaper against Reya than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya LTCRUSDPERP61.1310.0336pay 0.0042% / 1h3m 09s$8K25x
ShortBackpack LTC_USDC_PERP61.1120.0100get 0.0013% / 1h3m 09s$155K$270K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Backpack against Reya. 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

Funding earned
−$49.51
Price spread: −0.030% → 0.000%
−$3.04
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$68.55
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; Backpack: live order book, 65 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Reya no order-book sample
Sell Backpack live order book, 65 min ago0.08 bp10.7 bp −$11doesn't fitdoesn't fitdoesn't fit
Reya: 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 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX LTC/USD [ETH-USDC]L −0.0241% / S +0.0370%1h61.127−0.005%$111K200xas long as short
Polymarket Perps LTC-USD−0.0185%1h61.097−0.055%$79K$382K10xas long as short
Variational Omni LTC−0.0024%8h61.114−0.027%$3.6M$2.6Mas long as short
Kalshi KXLTCPERP0.0000%8h61.153+0.037%$293K$4.2M4xas long as short
gTrade (Gains Network) LTC/USDL +0.0002% / S −0.0005%1h61.145+0.024%$19K150xas long as short
Injective LTC/USDC PERP+0.0033%1h58.730−3.927%$5K$22K12xas long as short
Kraken Futures PF_LTCUSD+0.0049%1h61.204+0.121%$6.8M$5.7M50xas long as short
Lighter LTC+0.0096%1h61.241+0.181%$1.3M$1.2M10xas long as short
Orderly PERP_LTC_USDC+0.0100%8h61.140+0.015%$13K$210K20xas long as short
Paradex LTC-USD-PERP+0.0100%8h61.132+0.003%$14K$10K20xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado LTC-PERP+0.0100%1h61.140+0.015%$268K$311K10xas long as short
Hyperliquid LTC+0.0100%1h61.191+0.099%$37.4M$24.2M10xas long as short
Aster LTCUSDT+0.0100%8h61.164+0.055%$2.6M$2.3M75xas long as short
Pacifica LTC+0.0100%1h61.134+0.006%$534K$83K10xas long as short
Binance LTCUSDT+0.0100%8h61.1310.000%$93.0M$218.6M75xas long as short
Bybit LTCUSDT+0.0100%8h61.110−0.034%$77.7M$57.5M75xas long as short
OKX LTC-USDT-SWAP+0.0100%8h61.120−0.017%$27.1M$73.2M50xas long as short
Gate LTC_USDT+0.0100%8h61.120−0.017%$12.8M$20.9M75xas long as short
MEXC LTC_USDT+0.0100%8h61.130−0.001%$59.3M$34.9M200xas long as short
KuCoin LTCUSDTM+0.0100%8h61.170+0.064%$18.2M$12.8M75xas long as short
Bitget LTCUSDT+0.0100%8h61.100−0.050%$31.3M$21.1M75xas long as short
BingX LTC-USDC+0.0100%8h61.130−0.001%$6.5Mas long as short
Backpack LTC_USDC_PERPshort+0.0100%1h61.112−0.030%$155K$270K10x
edgeX LTCUSDC+0.0100%4h61.189+0.095%$41K$374K20xas long as short
GRVT LTC_USDT_Perp+0.0100%8h61.150+0.032%$343K$2.0M10xas long as short
ApeX Omni LTCUSDT+0.0100%1h61.200+0.114%$113K$711K50xas long as short
SunX LTC-USDT+0.0100%8h61.250+0.195%$17K$3.9M30xas long as short
SoDEX LTC-USD+0.0100%1h61.160+0.048%$164$5K10xas long as short
HTX LTC-USDT+0.0100%8h61.110−0.034%$1.9M$4.7M75xas long as short
Phemex LTCUSDT+0.0100%8h61.150+0.032%$21.8M$8.9M50xas long as short
Extended LTC-USD+0.0104%1h61.135+0.007%$679K$1.1M25xas long as short
Aevo LTC-PERP+0.0104%1h61.142+0.019%$467K3xas long as short
Deribit LTC_USDC-PERPETUAL+0.0175%1h61.179+0.079%$691K$1.1M50xas long as short
Reya LTCRUSDPERPlong+0.0336%1h61.131long leg$8K25x
dYdX LTC-USD+0.0374%1h61.109−0.035%$430K$8K10xas long as short
Coinbase International LTC-PERP-INTX+0.0808%1h61.290+0.261%$1.2M$2.2M50xas long as short