Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0532%/8h= +58.3% APRpaid last 24h +0.177%

Price spread now: Coinbase International against BingX+0.166%7-day average +0.140% · you sell dearer than you buy

Net, funding: paid 7d − costs+$9as in the Funding arb table

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$380.379% of the position

Long on BingX Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.470%+$47 on $10k

Price spread, last 4 days (all we have)−0.131%−$13 · spread now +0.166%, 7d avg +0.140%

Together, before fees+0.340%+$34 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Coinbase International is 0.025% dearer against BingX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.140%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX LTC-USDT	60.400	0.0100	pay 0.0100% / 8h	6h 20m	—	$18.8M	—
Short	Coinbase International LTC-PERP-INTX	60.500	0.0632	get 0.0079% / 1h	20m 07s	$1.1M	$2.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against BingX. 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 BingXbpFee Coinbase InternationalbpOrdersPrice spread, now +0.166%Rate

Funding earned: $111.72
Price spread: +0.166% → +0.140%: $2.51
Slippage, 4 orders: −$17.9
Fee BingX: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $76.33
Costs to cover: 0.379%
Break-even: 2.2 days

Slippage from BingX: live order book, 12 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 BingX live order book, 12 min ago	0.83 bp	5.8 bp −$6	5.8 bp −$58	11.6 bp −$1,157	23.4 bp −$11.7K
Sell Coinbase International live order book, 2 min ago	5.77 bp	12.8 bp −$13	18.2 bp −$182	doesn't fit	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 −0.0009% / S +0.0132%	1h	60.419	+0.032%	$75K	—	200x	as long as short
Variational Omni LTC	−0.0007%	8h	60.443	+0.071%	$3.5M	$2.7M	—	as long as short
Kraken Futures PF_LTCUSD	−0.0004%	1h	60.430	+0.050%	$6.5M	$6.3M	50x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.462	+0.103%	$344K	$4.1M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	60.446	+0.076%	$683K	$1.1M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0002%	1h	60.482	+0.136%	$25K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−2.765%	$5K	$22K	12x	as long as short
Lighter LTC	+0.0096%	1h	60.430	+0.050%	$929K	$1.5M	10x	as long as short
Bybit LTCUSDT	+0.0096%	8h	60.390	−0.017%	$77.3M	$58.0M	75x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.410	+0.017%	$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	60.392	−0.013%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	60.425	+0.041%	$256K	$332K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	60.471	+0.118%	$38.0M	$24.5M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.437	+0.061%	$2.5M	$2.5M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.436	+0.059%	$528K	$79K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.380	−0.033%	$88.2M	$219.5M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.400	0.000%	$26.9M	$71.4M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.400	0.000%	$14.9M	$20.7M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.400	0.000%	$58.8M	$35.8M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.430	+0.050%	$18.2M	$13.4M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.400	0.000%	$31.0M	$21.3M	75x	as long as short
BingX LTC-USDTlong	+0.0100%	8h	60.400	long leg	—	$18.8M	—
Backpack LTC_USDC_PERP	+0.0100%	1h	60.396	−0.007%	$144K	$260K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.494	+0.155%	$41K	$380K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.470	+0.116%	$334K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.530	+0.215%	$107K	$711K	50x	as long as short
Polymarket Perps LTC-USD	+0.0100%	1h	60.455	+0.091%	$81K	$678K	10x	as long as short
SunX LTC-USDT	+0.0100%	8h	60.500	+0.166%	$17K	$3.4M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.410	+0.017%	$162	$6K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.400	0.000%	$2.0M	$4.6M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.420	+0.033%	$21.3M	$8.9M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.392	−0.014%	$680K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.400	0.000%	$461K	—	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.510	+0.182%	$4.2M	$12.6M	50x	as long as short
Reya LTCRUSDPERP	+0.0339%	1h	60.403	+0.005%	$8K	—	25x	as long as short
dYdX LTC-USD	+0.0343%	1h	60.450	+0.083%	$425K	$4K	10x	as long as short
Coinbase International LTC-PERP-INTXshort	+0.0632%	1h	60.500	+0.166%	$1.1M	$2.5M	50x