Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0255%/8h= +28.0% APRpaid last 24h +0.148%

Price spread now: dYdX against Bitget−0.034%53s7-day average +0.029% · you buy dearer than you sell

Net, funding: paid 7d − costs+$8as 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−$750.747% of the position

Long on Bitget Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.826%+$83 on $10k

Price spread, last 4 days (all we have)+0.126%+$13 · spread now −0.034%, 7d avg +0.029%

Together, before fees+0.952%+$95 on $10k · with fees, hour by hour

Funding pays, the price is against you. dYdX is 0.063% cheaper against Bitget than usual: you would sell low and buy high (spread −0.034% now, against its 7-day average of +0.029%). If the spread goes back, that is −$6 on $10k: about 20 hours of funding at the current rate (+$8 a day). The two prices were read 53 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	Bitget LTCUSDT	60.830	0.0100	pay 0.0100% / 8h	2h 53m	$31.2M	$23.1M	75x
Short	dYdX LTC-USD	60.809	0.0355	get 0.0044% / 1h	53m 46s	$427K	$7K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Bitget. 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 BitgetbpFee dYdXbpOrdersPrice spread, now −0.034%Rate

Funding earned: $53.63
Price spread: −0.034% → +0.029%: −$6.3
Slippage, 4 orders: −$52.72
Fee Bitget: 6 bp × 2 orders: −$12
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$27.38
Costs to cover: 0.747%
Break-even: 10.6 days

Slippage from Bitget: live order book, 5 min ago; dYdX: live order book, 60 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 Bitget live order book, 5 min ago	0.82 bp	9.5 bp −$10	12.9 bp −$129	24.0 bp −$2,398	doesn't fit
Sell dYdX live order book, 60 min ago	15.48 bp	20.5 bp −$20	75.2 bp −$752	89.8 bp −$8,983	133.7 bp −$66.9K

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 −0.0229% / S +0.0381%	1h	60.791	−0.064%	$96K	—	200x	as long as short
Polymarket Perps LTC-USD	−0.0148%	1h	60.758	−0.118%	$86K	$621K	10x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.786	−0.072%	$336K	$4.3M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	60.824	−0.010%	$687K	$1.1M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	60.794	−0.059%	$30K	—	150x	as long as short
Kraken Futures PF_LTCUSD	+0.0012%	1h	60.815	−0.025%	$6.7M	$6.5M	50x	as long as short
Variational Omni LTC	+0.0028%	8h	60.814	−0.026%	$3.6M	$2.6M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.452%	$5K	$22K	12x	as long as short
Lighter LTC	+0.0096%	1h	60.829	−0.002%	$935K	$1.7M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.780	−0.082%	$13K	$140K	20x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex LTC-USD-PERP	+0.0100%	8h	60.783	−0.077%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	60.775	−0.090%	$265K	$334K	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.843	+0.021%	$2.6M	$2.5M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.796	−0.056%	$531K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.830	0.000%	$89.5M	$233.3M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.820	−0.016%	$77.1M	$62.2M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.820	−0.016%	$26.8M	$76.5M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.820	−0.016%	$13.0M	$22.0M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.830	0.000%	$57.9M	$35.4M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.840	+0.016%	$18.0M	$13.1M	75x	as long as short
Bitget LTCUSDTlong	+0.0100%	8h	60.830	long leg	$31.2M	$23.1M	75x
BingX LTC-USDC	+0.0100%	8h	60.830	0.000%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.790	−0.066%	$145K	$270K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.800	−0.050%	$41K	$374K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.870	+0.066%	$337K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.860	+0.049%	$107K	$716K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	60.870	+0.066%	$17K	$3.9M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.790	−0.066%	$163	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.770	−0.099%	$2.0M	$5.0M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.820	−0.016%	$21.5M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.804	−0.043%	$672K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.790	−0.066%	$464K	—	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.820	−0.016%	$4.7M	$12.4M	50x	as long as short
Hyperliquid LTC	+0.0288%	1h	60.906	+0.125%	$38.1M	$26.1M	10x	as long as short
Reya LTCRUSDPERP	+0.0337%	1h	60.776	−0.089%	$8K	—	25x	as long as short
dYdX LTC-USDshort	+0.0355%	1h	60.809	−0.034%	$427K	$7K	10x
Coinbase International LTC-PERP-INTX	+0.0728%	1h	60.950	+0.197%	$1.1M	$2.5M	50x	as long as short