Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.005%

Price spread now: MEXC against Backpack+0.045%7-day average +0.028% · you sell dearer than you buy

Net, funding: paid 7d − costs−$16as in the Funding arb table

Net, price: spread back to 7d avg − costs−$17as in the Price arb table

costs, in and out, $10k−$190.185% of the position

Long on Backpack Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.027%+$3 on $10k

Price spread, last 4 days (all we have)+0.011%+$1 · spread now +0.045%, 7d avg +0.028%

Together, before fees+0.038%+$4 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack LTC_USDC_PERP	61.982	0.0100	pay 0.0013% / 1h	47m 57s	$159K	$265K	10x
Short	MEXC LTC_USDT	62.010	0.0100	get 0.0100% / 8h	47m 57s	$61.4M	$33.8M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Backpack. 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 BackpackbpFee MEXCbpOrdersPrice spread, now +0.045%Rate

Funding earned: $0
Price spread: +0.045% → +0.028%: $1.71
Slippage, 4 orders: −$8.53
Fee Backpack: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: −$16.82
Costs to cover: 0.185%
Break-even: never at this rate

Slippage from Backpack: live order book, 30 min ago; MEXC: live order book, 1 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 Backpack live order book, 30 min ago	0.08 bp	6.3 bp −$6	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 1 min ago	1.61 bp	2.1 bp −$2	4.8 bp −$48	23.1 bp −$2,308	61.7 bp −$30.9K

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 −0.0095% / S +0.0289%	1h	62.004	+0.036%	$113K	—	200x	as long as short
Variational Omni LTC	−0.0047%	8h	62.027	+0.073%	$3.6M	$4.0M	—	as long as short
Kalshi KXLTCPERP	0.0000%	8h	62.048	+0.106%	$320K	$4.2M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	62.009	+0.043%	$31K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.247%	$5K	$22K	12x	as long as short
Gate LTC_USDT	+0.0079%	8h	62.000	+0.029%	$13.0M	$21.2M	75x	as long as short
Orderly PERP_LTC_USDC	+0.0100%	8h	62.020	+0.061%	$12K	$213K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	61.997	+0.024%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	62.005	+0.037%	$261K	$322K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	62.053	+0.115%	$37.6M	$23.8M	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster LTCUSDT	+0.0100%	8h	62.085	+0.166%	$2.6M	$2.3M	75x	as long as short
Pacifica LTC	+0.0100%	1h	62.065	+0.133%	$543K	$87K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.990	+0.013%	$96.0M	$223.0M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	61.970	−0.019%	$78.6M	$59.7M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.970	−0.019%	$27.7M	$75.4M	50x	as long as short
MEXC LTC_USDTshort	+0.0100%	8h	62.010	+0.045%	$61.4M	$33.8M	200x
KuCoin LTCUSDTM	+0.0100%	8h	62.020	+0.061%	$19.1M	$12.7M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	62.000	+0.029%	$32.2M	$22.1M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	62.000	+0.029%	—	$37.6M	—	as long as short
Backpack LTC_USDC_PERPlong	+0.0100%	1h	61.982	long leg	$159K	$265K	10x
edgeX LTCUSDC	+0.0100%	4h	62.054	+0.116%	$42K	$356K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	62.067	+0.137%	$345K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	62.090	+0.174%	$104K	$708K	50x	as long as short
Polymarket Perps LTC-USD	+0.0100%	1h	61.970	−0.019%	$85K	$378K	10x	as long as short
SunX LTC-USDT	+0.0100%	8h	62.110	+0.207%	$18K	$4.2M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	62.000	+0.029%	$639	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	62.040	+0.094%	$1.9M	$4.8M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	62.010	+0.045%	$22.2M	$9.1M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	61.964	−0.029%	$688K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	62.010	+0.045%	$474K	$499	3x	as long as short
Lighter LTC	+0.0160%	1h	62.089	+0.173%	$1.3M	$1.2M	10x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0202%	1h	62.042	+0.097%	$700K	$1.1M	50x	as long as short
BloFin LTC-USDT	+0.0220%	8h	62.030	+0.077%	$4.8M	$11.8M	50x	as long as short
Reya LTCRUSDPERP	+0.0335%	1h	62.002	+0.033%	$8K	—	25x	as long as short
Kraken Futures PF_LTCUSD	+0.0433%	1h	62.042	+0.096%	$6.9M	$5.8M	50x	as long as short
Coinbase International LTC-PERP-INTX	+0.0848%	1h	62.220	+0.384%	$1.2M	$2.3M	50x	as long as short
dYdX LTC-USD	+0.0876%	1h	62.070	+0.142%	$436K	$8K	10x	as long as short