Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.002%

Price spread now: Lighter against SunX−0.106%7-day average −0.092% · 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−$510.511% of the position

Long on SunX Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days−0.048%−$5 on $10k

Price spread, last 4 days (all we have)+0.002%$0 · spread now −0.106%, 7d avg −0.092%

Together, before fees−0.046%+ Points / potential airdropLighter: Season 3 · farm board−$5 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX LTC-USDT	60.450	0.0100	pay 0.0100% / 8h	6h 47m	$17K	$3.5M	30x
Short	Lighter LTC	60.386	0.0096	get 0.0012% / 1h	47m 03s	$928K	$1.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now −0.106%Rate

Funding earned: −$0.84
Price spread: −0.106% → −0.092%: −$1.41
Slippage, 4 orders: −$43.08
Fee SunX: 4 bp × 2 orders: −$8
Fee Lighter: 0 bp × 2 orders: $0
Net: −$53.33
Costs to cover: 0.511%
Break-even: never at this rate

Slippage from SunX: live order book, 4 min ago; Lighter: live order book, 9 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, 4 min ago	14.87 bp	19.3 bp −$19	doesn't fit	doesn't fit	doesn't fit
Sell Lighter live order book, 9 min ago	3.37 bp	8.0 bp −$8	20.6 bp −$206	393.2 bp −$39.3K	doesn't fit

LTC on 37 exchanges

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 −0.0014% / S +0.0138%	1h	60.340	−0.182%	$75K	—	200x	as long as short
Kraken Futures PF_LTCUSD	−0.0004%	1h	60.378	−0.119%	$6.5M	$6.5M	50x	as long as short
Variational Omni LTC	0.0000%	8h	60.523	+0.120%	$3.6M	$2.7M	—	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.367	−0.137%	$343K	$4.2M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0002%	1h	60.354	−0.159%	$25K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−2.845%	$5K	$22K	12x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0065%	1h	60.392	−0.096%	$682K	$1.1M	50x	as long as short
Lighter LTCshort	+0.0096%	1h	60.386	−0.106%	$928K	$1.5M	10x
Orderly PERP_LTC_USDC	+0.0099%	8h	60.340	−0.182%	$13K	$83K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.325	−0.207%	$14K	$10K	20x	as long as short

Show all 37 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado LTC-PERP	+0.0100%	1h	60.360	−0.149%	$256K	$336K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	60.445	−0.008%	$38.0M	$25.4M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.420	−0.050%	$2.5M	$2.6M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.339	−0.184%	$527K	$81K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.410	−0.066%	$88.3M	$224.5M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.400	−0.083%	$77.2M	$60.3M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.410	−0.066%	$26.8M	$73.7M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.370	−0.132%	$14.7M	$20.6M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.350	−0.165%	$57.3M	$35.5M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.370	−0.132%	$18.2M	$13.4M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.380	−0.116%	$31.1M	$22.5M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	60.370	−0.132%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.376	−0.122%	$144K	$269K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.420	−0.050%	$41K	$380K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.405	−0.074%	$333K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.440	−0.017%	$106K	$712K	50x	as long as short
Polymarket Perps LTC-USD	+0.0100%	1h	60.360	−0.149%	$81K	$731K	10x	as long as short
SunX LTC-USDTlong	+0.0100%	8h	60.450	long leg	$17K	$3.5M	30x
SoDEX LTC-USD	+0.0100%	1h	60.360	−0.149%	$162	$6K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.330	−0.199%	$2.0M	$4.9M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.370	−0.132%	$21.3M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.333	−0.193%	$680K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.335	−0.190%	$461K	—	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.340	−0.182%	$4.2M	$12.6M	50x	as long as short
Reya LTCRUSDPERP	+0.0339%	1h	60.333	−0.193%	$8K	—	25x	as long as short
dYdX LTC-USD	+0.0434%	1h	60.332	−0.195%	$424K	$4K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0632%	1h	60.490	+0.066%	$1.1M	$2.5M	50x	as long as short