Funding arb · Price arb /

LTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0097%/8h= −10.6% APRpaid last 24h −0.029%

Price spread now: gTrade (Gains Network) against SunX−0.215%54s7-day average — · you buy dearer than you sell

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

Long on SunX Short on gTrade (Gains Network)

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.215% cheaper against SunX than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX LTC-USDT	61.570	0.0100	pay 0.0100% / 8h	1h 07m	$17K	$4.2M	30x
Short	gTrade (Gains Network) LTC/USD	61.438	L +0.0002% / S −0.0003%	get 0.0000% / 1h	7m 25s	$30K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now −0.215%Rate

Funding earned: −$20.42
Price spread: −0.215% → 0.000%: −$21.49
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$59.91
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 10 min ago; gTrade (Gains Network): 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 SunX live order book, 10 min ago	14.62 bp	19.0 bp −$19	doesn't fit	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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 −0.0079% / S +0.0281%	1h	61.419	−0.245%	$112K	—	200x	as long as short
Variational Omni LTC	−0.0057%	8h	61.477	−0.152%	$3.6M	$4.0M	—	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.485	−0.138%	$337K	$4.1M	4x	as long as short
gTrade (Gains Network) LTC/USDshort	L +0.0002% / S −0.0003%	1h	61.438	−0.215%	$30K	—	150x
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−4.613%	$5K	$22K	12x	as long as short
Gate LTC_USDT	+0.0052%	8h	61.430	−0.227%	$12.9M	$21.3M	75x	as long as short
Polymarket Perps LTC-USD	+0.0087%	1h	61.393	−0.287%	$85K	$378K	10x	as long as short
Kraken Futures PF_LTCUSD	+0.0087%	1h	61.448	−0.198%	$6.8M	$5.8M	50x	as long as short
Orderly PERP_LTC_USDC	+0.0100%	8h	61.450	−0.195%	$12K	$213K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	61.403	−0.271%	$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	61.425	−0.236%	$251K	$321K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	61.473	−0.158%	$37.3M	$23.7M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	61.490	−0.130%	$2.6M	$2.3M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.418	−0.247%	$537K	$87K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.450	−0.195%	$95.2M	$222.6M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	61.420	−0.244%	$77.9M	$59.7M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.440	−0.211%	$27.4M	$74.5M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.430	−0.227%	$61.3M	$35.0M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.440	−0.211%	$19.0M	$12.6M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.440	−0.211%	$31.9M	$22.0M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	61.430	−0.227%	—	$37.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	61.394	−0.286%	$158K	$266K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	61.510	−0.098%	$42K	$355K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.504	−0.107%	$351K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.490	−0.130%	$103K	$707K	50x	as long as short
SunX LTC-USDTlong	+0.0100%	8h	61.570	long leg	$17K	$4.2M	30x
SoDEX LTC-USD	+0.0100%	1h	61.420	−0.244%	$633	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	61.450	−0.195%	$1.9M	$4.8M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.440	−0.211%	$22.0M	$9.1M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	61.392	−0.288%	$685K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.431	−0.227%	$469K	$499	3x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0108%	1h	61.451	−0.193%	$694K	$1.1M	50x	as long as short
Lighter LTC	+0.0112%	1h	61.490	−0.130%	$1.3M	$1.2M	10x	as long as short
BloFin LTC-USDT	+0.0220%	8h	61.520	−0.081%	$4.8M	$11.7M	50x	as long as short
Reya LTCRUSDPERP	+0.0334%	1h	61.417	−0.248%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0760%	1h	61.720	+0.244%	$1.2M	$2.2M	50x	as long as short
dYdX LTC-USD	+0.0979%	1h	61.401	−0.274%	$432K	$8K	10x	as long as short