Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC−0.0110%/8h= −12.0% APRpaid last 24h −0.002%

Price spread now: Kraken Futures against BingX+0.063%7-day average +0.026% · you sell dearer than you buy

Net, funding: paid 7d − costs−$43as in the Funding arb table

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$440.442% of the position

Long on BingX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.009%+$1 on $10k

Price spread, last 4 days (all we have)−0.045%−$5 · spread now +0.063%, 7d avg +0.026%

Together, before fees−0.036%−$4 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Kraken Futures is 0.036% dearer against BingX than usual: you sell high and buy low (spread +0.063% now, against its 7-day average of +0.026%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 26 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX LTC-USDC	62.610	0.0100	pay 0.0100% / 8h	4h 09m	—	$6.5M	—
Short	Kraken Futures PF_LTCUSD	62.649	−0.0010	pay 0.0001% / 1h	9m 05s	$6.8M	$5.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.063%Rate

Funding earned: −$23.1
Price spread: +0.063% → +0.026%: $3.61
Slippage, 4 orders: −$24.23
Fee BingX: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$63.71
Costs to cover: 0.442%
Break-even: never at this rate

Slippage from BingX: live order book, 5 min ago; Kraken Futures: live order book, 3 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, 5 min ago	1.60 bp	12.0 bp −$12	22.5 bp −$225	79.0 bp −$7,899	462.4 bp −$231.2K
Sell Kraken Futures live order book, 3 min ago	0.80 bp	8.9 bp −$9	13.3 bp −$133	59.5 bp −$5,947	doesn't fit

LTC on 38 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
Injective LTC/USDC PERP	−0.0072%	1h	61.920	−1.102%	$5K	$99K	12x	as long as short
Variational Omni LTC	−0.0013%	8h	62.560	−0.080%	$3.8M	$973K	—	as long as short
Kraken Futures PF_LTCUSDshort	−0.0010%	1h	62.649	+0.063%	$6.8M	$5.7M	50x
Kalshi KXLTCPERP	0.0000%	8h	62.650	+0.064%	$296K	$3.5M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0005%	1h	62.641	+0.050%	$20K	—	150x	as long as short
Phoenix LTC	+0.0026%	1h	62.625	+0.024%	$2K	$3K	10x	as long as short
Lighter LTC	+0.0096%	1h	62.684	+0.118%	$1.2M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0098%	8h	62.640	+0.048%	$12K	$52K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	62.646	+0.058%	$23K	$13K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	62.595	−0.024%	$259K	$240K	10x	as long as short

Show all 38 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster LTCUSDT	+0.0100%	8h	62.634	+0.038%	$2.5M	$1.5M	75x	as long as short
Pacifica LTC	+0.0100%	1h	62.644	+0.055%	$547K	$25K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	62.610	0.000%	$98.3M	$188.8M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	62.600	−0.016%	$83.4M	$51.1M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	62.600	−0.016%	$29.1M	$65.5M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	62.620	+0.016%	$19.9M	$16.4M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	62.610	0.000%	$81.7M	$36.0M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	62.640	+0.048%	$20.7M	$10.0M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	62.600	−0.016%	$31.1M	$18.4M	75x	as long as short
BingX LTC-USDClong	+0.0100%	8h	62.610	long leg	—	$6.5M	—
Backpack LTC_USDC_PERP	+0.0100%	1h	62.611	+0.002%	$153K	$349K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	62.656	+0.074%	$41K	$445K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	62.590	−0.032%	$345K	$2.3M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	62.620	+0.016%	$100K	$698K	50x	as long as short
Polymarket Perps LTC-USD	+0.0100%	1h	62.620	+0.016%	$60K	$550K	10x	as long as short
SunX LTC-USDT	+0.0100%	8h	62.710	+0.160%	$18K	$1.9M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	62.610	0.000%	$168	$6K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	62.600	−0.016%	$2.0M	$4.4M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	62.630	+0.032%	$21.7M	$8.3M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	62.585	−0.039%	$726K	$325K	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	62.620	+0.016%	$478K	—	3x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0117%	1h	62.656	+0.073%	$703K	$398K	50x	as long as short
Hyperliquid LTC	+0.0144%	1h	62.674	+0.102%	$39.8M	$21.9M	10x	as long as short
GMX LTC/USD [ETH-USDC]	L +0.0147% / S −0.0031%	1h	62.631	+0.034%	$97K	—	200x	as long as short
dYdX LTC-USD	+0.0155%	1h	62.654	+0.070%	$440K	$1K	10x	as long as short
BloFin LTC-USDT	+0.0220%	8h	62.580	−0.048%	$4.8M	$10.0M	50x	as long as short
Coinbase International LTC-PERP-INTX	+0.0240%	1h	62.670	+0.096%	$892K	$2.5M	50x	as long as short
Reya LTCRUSDPERP	+0.0343%	1h	62.591	−0.030%	$8K	$403	25x	as long as short