Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0786%/8h= +86.1% APRpaid last 24h +0.120%

Price spread now: dYdX against SunX−0.116%7-day average −0.144% · you buy dearer than you sell

Net, funding: paid 7d − costs−$66as in the Funding arb table

Net, price: spread back to 7d avg − costs−$145as in the Price arb table

costs, in and out, $10k−$1481.477% of the position

Long on SunX Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.814%+$81 on $10k

Price spread, last 4 days (all we have)+0.046%+$5 · spread now −0.116%, 7d avg −0.144%

Together, before fees+0.860%+$86 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and dYdX is 0.027% dearer against SunX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.144%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX LTC-USDT	60.440	0.0100	pay 0.0100% / 8h	7h 29m	$17K	$3.8M	30x
Short	dYdX LTC-USD	60.370	0.0886	get 0.0111% / 1h	29m 55s	$425K	$6K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against SunX. 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 SunXbpFee dYdXbpOrdersPrice spread, now −0.116%Rate

Funding earned: $165.06
Price spread: −0.116% → −0.144%: $2.75
Slippage, 4 orders: −$129.67
Fee SunX: 4 bp × 2 orders: −$8
Fee dYdX: 5 bp × 2 orders: −$10
Net: $20.14
Costs to cover: 1.477%
Break-even: 6.1 days

Slippage from SunX: live order book, 8 min ago; dYdX: live order book, 4 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 SunX live order book, 8 min ago	14.82 bp	19.3 bp −$19	doesn't fit	doesn't fit	doesn't fit
Sell dYdX live order book, 4 min ago	4.11 bp	99.0 bp −$99	99.5 bp −$995	102.7 bp −$10.3K	144.6 bp −$72.3K

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
Kraken Futures PF_LTCUSD	−0.0040%	1h	60.401	−0.065%	$6.5M	$6.7M	50x	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0020% / S +0.0147%	1h	60.403	−0.060%	$75K	—	200x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.398	−0.069%	$343K	$4.4M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0002%	1h	60.406	−0.057%	$25K	—	150x	as long as short
Variational Omni LTC	+0.0004%	8h	60.395	−0.074%	$3.6M	$2.7M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−2.829%	$5K	$22K	12x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0048%	1h	60.412	−0.046%	$682K	$1.1M	50x	as long as short
Gate LTC_USDT	+0.0062%	8h	60.400	−0.066%	$14.3M	$21.5M	75x	as long as short
Bybit LTCUSDT	+0.0086%	8h	60.390	−0.083%	$76.8M	$61.5M	75x	as long as short
Lighter LTC	+0.0096%	1h	60.413	−0.045%	$927K	$1.6M	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_LTC_USDC	+0.0099%	8h	60.360	−0.132%	$13K	$91K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.351	−0.148%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	60.360	−0.132%	$256K	$348K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	60.446	+0.010%	$38.0M	$25.8M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.431	−0.015%	$2.5M	$2.6M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.370	−0.116%	$528K	$82K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.410	−0.050%	$88.3M	$235.9M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.410	−0.050%	$26.8M	$76.4M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.400	−0.066%	$57.5M	$36.3M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.410	−0.050%	$18.0M	$13.5M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.410	−0.050%	$31.1M	$23.0M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	60.390	−0.083%	—	$18.7M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.379	−0.101%	$142K	$279K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.478	+0.063%	$41K	$377K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.587	+0.243%	$334K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.490	+0.083%	$106K	$714K	50x	as long as short
Polymarket Perps LTC-USD	+0.0100%	1h	60.385	−0.091%	$81K	$732K	10x	as long as short
SunX LTC-USDTlong	+0.0100%	8h	60.440	long leg	$17K	$3.8M	30x
SoDEX LTC-USD	+0.0100%	1h	60.410	−0.050%	$162	$6K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.360	−0.132%	$2.0M	$5.1M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.430	−0.017%	$21.3M	$8.9M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.390	−0.083%	$681K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.391	−0.081%	$461K	—	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.390	−0.083%	$4.2M	$12.6M	50x	as long as short
Reya LTCRUSDPERP	+0.0339%	1h	60.386	−0.089%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0632%	1h	60.760	+0.529%	$1.1M	$2.6M	50x	as long as short
dYdX LTC-USDshort	+0.0886%	1h	60.370	−0.116%	$425K	$6K	10x