Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0232%/8h= +25.4% APRpaid last 24h +0.120%

Price spread now: dYdX against Binance+0.071%49s7-day average −0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$272as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$3573.573% of the position

Long on Binance Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.858%+$86 on $10k

Price spread, last 4 days (all we have)−0.070%−$7 · spread now +0.071%, 7d avg −0.008%

Together, before fees+0.788%+$79 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and dYdX is 0.079% dearer against Binance than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.008%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance LTCUSDT	60.445	0.0100	pay 0.0100% / 8h	6h 17m	$88.3M	$218.6M	75x
Short	dYdX LTC-USD	60.488	0.0332	get 0.0041% / 1h	17m 57s	$425K	$4K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Binance. 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 BinancebpFee dYdXbpOrdersPrice spread, now +0.071%Rate

Funding earned: $48.66
Price spread: +0.071% → −0.008%: $7.93
Slippage, 4 orders: −$337.35
Fee Binance: 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$300.76
Costs to cover: 3.573%
Break-even: 50.3 days

Slippage from Binance: live order book, 4 min ago; dYdX: live order book, 34 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 Binance live order book, 4 min ago	0.83 bp	6.9 bp −$7	11.4 bp −$114	33.7 bp −$3,365	159.0 bp −$79.5K
Sell dYdX live order book, 34 min ago	90.90 bp	248.0 bp −$248	262.9 bp −$2,629	270.3 bp −$27.0K	476.2 bp −$238.1K

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 −0.0009% / S +0.0131%	1h	60.446	+0.001%	$75K	—	200x	as long as short
Variational Omni LTC	−0.0007%	8h	60.443	−0.003%	$3.5M	$2.7M	—	as long as short
Kraken Futures PF_LTCUSD	−0.0004%	1h	60.509	+0.107%	$6.5M	$6.3M	50x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.486	+0.068%	$344K	$4.1M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0002%	1h	60.443	−0.003%	$25K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−2.837%	$5K	$22K	12x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0047%	1h	60.530	+0.141%	$684K	$1.0M	50x	as long as short
Lighter LTC	+0.0096%	1h	60.511	+0.110%	$931K	$1.5M	10x	as long as short
Bybit LTCUSDT	+0.0097%	8h	60.450	+0.009%	$77.3M	$57.9M	75x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.460	+0.025%	$13K	$79K	20x	as long as short

Show all 37 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex LTC-USD-PERP	+0.0100%	8h	60.431	−0.022%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	60.435	−0.016%	$256K	$329K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	60.540	+0.158%	$38.1M	$24.5M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.496	+0.084%	$2.5M	$2.5M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.457	+0.020%	$528K	$78K	10x	as long as short
Binance LTCUSDTlong	+0.0100%	8h	60.445	long leg	$88.3M	$218.6M	75x
OKX LTC-USDT-SWAP	+0.0100%	8h	60.440	−0.008%	$26.9M	$71.4M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.460	+0.025%	$14.9M	$20.7M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.470	+0.042%	$58.8M	$35.9M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.480	+0.058%	$18.2M	$13.4M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.500	+0.091%	$31.1M	$21.3M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	60.460	+0.025%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.473	+0.047%	$145K	$259K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.486	+0.068%	$41K	$380K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.470	+0.042%	$334K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.550	+0.174%	$107K	$704K	50x	as long as short
Polymarket Perps LTC-USD	+0.0100%	1h	60.515	+0.116%	$81K	$678K	10x	as long as short
SunX LTC-USDT	+0.0100%	8h	60.540	+0.158%	$17K	$3.4M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.480	+0.058%	$162	$6K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.470	+0.042%	$2.0M	$4.6M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.510	+0.108%	$21.3M	$8.9M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.442	−0.004%	$680K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.468	+0.039%	$462K	—	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.410	−0.057%	$4.2M	$12.5M	50x	as long as short
dYdX LTC-USDshort	+0.0332%	1h	60.488	+0.071%	$425K	$4K	10x
Reya LTCRUSDPERP	+0.0339%	1h	60.473	+0.047%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0632%	1h	60.500	+0.091%	$1.1M	$2.5M	50x	as long as short