Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 19:00 UTC+0.0640%/8hnext payment +$0.80 per $10,000 · paid last 24h +0.122%

Price spread now: Coinbase International against Aevo−0.193%7-day average +0.115% · you buy dearer than you sell

Net, funding: paid 7d − costs−$78as in the Funding arb table

Net, price: spread back to 7d avg − costs−$144as in the Price arb table

costs, in and out, $10k−$1131.134% of the position

Long on Aevo Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.355%+$35 on $10k

Price spread, last 3 days (all we have)+0.261%+$26 · spread now −0.193%, 7d avg +0.115%

Together, before fees+0.616%+$62 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.308% cheaper against Aevo than usual: you would sell low and buy high (spread −0.193% now, against its 7-day average of +0.115%). If the spread goes back, that is −$31 on $10k: about 39 hours of funding at the current rate (+$19 a day). At the pace of the last 7 days (+0.355% in total) that is about 6.1 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.355% in total (about 18.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.80 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo LTC-PERP	62.130	0.0104	pay 0.0013% / 1h	5m 54s	$474K	$499	3x
Short	Coinbase International LTC-PERP-INTX	62.010	0.0744	get 0.0093% / 1h	5m 54s	$1.2M	$2.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Aevo. 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 AevobpFee Coinbase InternationalbpOrdersPrice spread, now −0.193%Rate

Funding earned: $134.4
Price spread: −0.193% → +0.115%: −$30.81
Slippage, 4 orders: −$87.44
Fee Aevo: 8 bp × 2 orders: −$16
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$9.86
Costs to cover: 1.134%
Break-even: 7.5 days

Slippage from Aevo: live order book, 27 min ago; Coinbase International: live order book, 2 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 Aevo live order book, 27 min ago	28.39 bp	44.3 bp −$44	245.7 bp −$2,457	doesn't fit	doesn't fit
Sell Coinbase International live order book, 2 min ago	5.62 bp	13.5 bp −$14	16.8 bp −$168	doesn't fit	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	−0.0414%	1h	62.089	−0.066%	$79K	$647K	10x	as long as short
Variational Omni LTC	−0.0076%	8h	62.005	−0.202%	$3.7M	$4.0M	—	as long as short
Backpack LTC_USDC_PERP	−0.0052%	1h	62.119	−0.018%	$166K	$273K	10x	as long as short
Gate LTC_USDT	−0.0021%	8h	62.120	−0.016%	$12.7M	$20.6M	75x	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0017% / S +0.0246%	1h	62.153	+0.037%	$112K	—	200x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	62.185	+0.088%	$322K	$4.0M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	62.178	+0.077%	$686K	$1.0M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0002%	1h	62.166	+0.057%	$25K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.473%	$5K	$22K	12x	as long as short
Bybit LTCUSDT	+0.0091%	8h	62.110	−0.032%	$79.8M	$58.4M	75x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter LTC	+0.0096%	1h	62.206	+0.122%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0100%	8h	62.140	+0.016%	$12K	$208K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	62.123	−0.011%	$16K	$11K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	62.130	0.000%	$257K	$313K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	62.200	+0.113%	$38.0M	$22.1M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	62.200	+0.113%	$2.6M	$1.8M	75x	as long as short
Pacifica LTC	+0.0100%	1h	62.151	+0.033%	$549K	$79K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	62.102	−0.045%	$96.9M	$214.7M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	62.100	−0.048%	$27.9M	$75.9M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	62.100	−0.048%	$61.4M	$34.8M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	62.140	+0.016%	$19.0M	$11.9M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	62.140	+0.016%	$32.6M	$21.2M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	62.100	−0.048%	—	$6.6M	—	as long as short
edgeX LTCUSDC	+0.0100%	4h	62.087	−0.070%	$42K	$332K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	62.059	−0.114%	$349K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	62.100	−0.048%	$90K	$707K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	62.230	+0.161%	$18K	$4.2M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	62.130	0.000%	$640	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	62.140	+0.016%	$1.9M	$4.7M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	62.150	+0.032%	$22.2M	$9.1M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	62.101	−0.047%	$695K	$1.0M	25x	as long as short
Aevo LTC-PERPlong	+0.0104%	1h	62.130	long leg	$474K	$499	3x
BloFin LTC-USDT	+0.0220%	8h	62.160	+0.048%	$5.0M	$9.9M	50x	as long as short
Kraken Futures PF_LTCUSD	+0.0260%	1h	62.172	+0.068%	$6.8M	$5.7M	50x	as long as short
Reya LTCRUSDPERP	+0.0333%	1h	62.125	−0.009%	$8K	$399	25x	as long as short
dYdX LTC-USD	+0.0598%	1h	62.170	+0.064%	$437K	$8K	10x	as long as short
Coinbase International LTC-PERP-INTXshort	+0.0744%	1h	62.010	−0.193%	$1.2M	$2.1M	50x