Funding arb · Price arb /

LTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.005%

Price spread now: Paradex against Backpack−0.034%7-day average — · you buy dearer than you sell

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

Long on Backpack Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.034% cheaper against Backpack than usual: you would sell low and buy high, −$3 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack LTC_USDC_PERP	60.949	0.0100	pay 0.0013% / 1h	31m 06s	$154K	$277K	10x
Short	Paradex LTC-USD-PERP	60.928	0.0100	get 0.0100% / 8h	5h 31m	$14K	$10K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now −0.034%Rate

Funding earned: −$0.01
Price spread: −0.034% → 0.000%: −$3.37
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$17.38
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Backpack: live order book, 32 min ago; Paradex: 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 Backpack live order book, 32 min ago	0.08 bp	7.2 bp −$7	doesn't fit	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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 −0.0267% / S +0.0384%	1h	60.952	+0.005%	$111K	—	200x	as long as short
Polymarket Perps LTC-USD	−0.0091%	1h	60.915	−0.056%	$80K	$390K	10x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.941	−0.013%	$320K	$4.3M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	60.952	+0.005%	$30K	—	150x	as long as short
Variational Omni LTC	+0.0006%	8h	60.933	−0.027%	$3.6M	$2.6M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.641%	$5K	$22K	12x	as long as short
Lighter LTC	+0.0096%	1h	61.004	+0.090%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0100%	8h	60.930	−0.031%	$13K	$210K	20x	as long as short
Paradex LTC-USD-PERPshort	+0.0100%	8h	60.928	−0.034%	$14K	$10K	20x
Nado LTC-PERP	+0.0100%	1h	60.925	−0.039%	$266K	$327K	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid LTC	+0.0100%	1h	61.030	+0.133%	$37.1M	$24.6M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.953	+0.007%	$2.6M	$2.5M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.940	−0.014%	$533K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.970	+0.034%	$91.4M	$225.4M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.970	+0.034%	$77.5M	$58.7M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.970	+0.034%	$26.9M	$74.3M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.970	+0.034%	$12.7M	$21.3M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.960	+0.018%	$57.7M	$34.7M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.960	+0.018%	$18.3M	$12.7M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.990	+0.067%	$32.6M	$22.2M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	60.980	+0.051%	—	$38.1M	—	as long as short
Backpack LTC_USDC_PERPlong	+0.0100%	1h	60.949	long leg	$154K	$277K	10x
edgeX LTCUSDC	+0.0100%	4h	60.845	−0.171%	$41K	$375K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.921	−0.047%	$345K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.810	−0.228%	$102K	$716K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.010	+0.100%	$17K	$3.9M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.940	−0.015%	$163	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.920	−0.048%	$2.0M	$4.9M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.980	+0.051%	$21.7M	$8.8M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.917	−0.052%	$675K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.935	−0.023%	$465K	—	3x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0127%	1h	60.972	+0.038%	$691K	$1.1M	50x	as long as short
dYdX LTC-USD	+0.0214%	1h	60.928	−0.035%	$428K	$8K	10x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.960	+0.018%	$4.7M	$12.3M	50x	as long as short
Reya LTCRUSDPERP	+0.0336%	1h	60.950	+0.001%	$8K	—	25x	as long as short
Kraken Futures PF_LTCUSD	+0.0349%	1h	60.968	+0.032%	$6.7M	$6.1M	50x	as long as short
Coinbase International LTC-PERP-INTX	+0.0832%	1h	61.070	+0.199%	$1.1M	$2.3M	50x	as long as short