Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0031%/8h= +3.4% APRpaid last 24h +0.008%

Price spread now: Kraken Futures against SunX−0.115%7-day average −0.127% · you buy dearer than you sell

Net, funding: paid 7d − costs−$57as in the Funding arb table

Net, price: spread back to 7d avg − costs−$60as in the Price arb table

costs, in and out, $10k−$610.615% of the position

Long on SunX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.041%+$4 on $10k

Price spread, last 4 days (all we have)−0.014%−$1 · spread now −0.115%, 7d avg −0.127%

Together, before fees+0.026%+$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.127%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX LTC-USDT	60.860	0.0100	pay 0.0100% / 8h	1h 48m	$17K	$3.8M	30x
Short	Kraken Futures PF_LTCUSD	60.790	0.0131	get 0.0016% / 1h	48m 14s	$6.6M	$6.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now −0.115%Rate

Funding earned: $6.6
Price spread: −0.115% → −0.127%: $1.12
Slippage, 4 orders: −$43.47
Fee SunX: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$53.76
Costs to cover: 0.615%
Break-even: 64.0 days

Slippage from SunX: live order book, 10 min ago; Kraken Futures: live order book, 6 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, 10 min ago	14.73 bp	19.2 bp −$19	doesn't fit	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 6 min ago	2.46 bp	10.6 bp −$11	16.9 bp −$169	60.6 bp −$6,063	doesn't fit

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
Polymarket Perps LTC-USD	−0.0084%	1h	60.736	−0.204%	$82K	$740K	10x	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0044% / S +0.0177%	1h	60.763	−0.159%	$75K	—	200x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.826	−0.056%	$345K	$4.3M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0002%	1h	60.770	−0.148%	$25K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.500%	$5K	$22K	12x	as long as short
Variational Omni LTC	+0.0033%	8h	60.865	+0.008%	$3.5M	$2.7M	—	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0063%	1h	60.798	−0.102%	$687K	$1.1M	50x	as long as short
Lighter LTC	+0.0096%	1h	60.797	−0.104%	$935K	$1.7M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.750	−0.181%	$13K	$128K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.759	−0.166%	$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	60.750	−0.181%	$265K	$338K	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.785	−0.123%	$2.5M	$2.6M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.771	−0.146%	$531K	$82K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.770	−0.147%	$89.1M	$234.6M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.760	−0.164%	$77.1M	$61.8M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.750	−0.181%	$26.9M	$76.6M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.760	−0.164%	$13.5M	$22.0M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.760	−0.164%	$56.5M	$36.1M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.790	−0.115%	$18.6M	$13.3M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.770	−0.148%	$31.3M	$22.9M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	60.770	−0.148%	—	$18.6M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.757	−0.169%	$145K	$268K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.874	+0.022%	$41K	$375K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.888	+0.046%	$340K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.900	+0.066%	$107K	$714K	50x	as long as short
SunX LTC-USDTlong	+0.0100%	8h	60.860	long leg	$17K	$3.8M	30x
SoDEX LTC-USD	+0.0100%	1h	60.760	−0.164%	$163	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.730	−0.214%	$2.0M	$5.0M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.790	−0.115%	$21.5M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.744	−0.191%	$675K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.763	−0.160%	$464K	—	3x	as long as short
Kraken Futures PF_LTCUSDshort	+0.0131%	1h	60.790	−0.115%	$6.6M	$6.6M	50x
BloFin LTC-USDT	+0.0220%	8h	60.790	−0.115%	$4.2M	$12.5M	50x	as long as short
Reya LTCRUSDPERP	+0.0338%	1h	60.748	−0.183%	$8K	—	25x	as long as short
Hyperliquid LTC	+0.0370%	1h	60.831	−0.048%	$38.3M	$26.4M	10x	as long as short
dYdX LTC-USD	+0.0374%	1h	60.751	−0.179%	$427K	$7K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0712%	1h	60.870	+0.016%	$1.1M	$2.5M	50x	as long as short