Funding arb · Price arb /

LTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.002%

Price spread now: Lighter against Bitget+0.069%7-day average +0.044% · you sell dearer than you buy

Net, funding: paid 7d − costs−$38as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$330.333% of the position

Long on Bitget Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days−0.048%−$5 on $10k

Price spread, last 7 days−0.059%−$6 · spread now +0.069%, 7d avg +0.044%

Together, before fees−0.107%+ Points / potential airdropLighter: Season 3 · farm board−$11 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.025% dearer against Bitget than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.044%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget LTCUSDT	60.690	0.0100	pay 0.0100% / 8h	7h 52m	$31.3M	$23.0M	75x
Short	Lighter LTC	60.732	0.0096	get 0.0012% / 1h	52m 53s	$930K	$1.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now +0.069%Rate

Funding earned: −$0.84
Price spread: +0.069% → +0.044%: $2.52
Slippage, 4 orders: −$21.28
Fee Bitget: 6 bp × 2 orders: −$12
Fee Lighter: 0 bp × 2 orders: $0
Net: −$31.6
Costs to cover: 0.333%
Break-even: never at this rate

Slippage from Bitget: live order book, 1 min ago; Lighter: 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 Bitget live order book, 1 min ago	0.82 bp	9.5 bp −$9	14.4 bp −$144	24.8 bp −$2,478	doesn't fit
Sell Lighter live order book, 3 min ago	2.88 bp	7.1 bp −$7	16.0 bp −$160	125.7 bp −$12.6K	doesn't fit

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
Kraken Futures PF_LTCUSD	−0.0040%	1h	60.729	+0.064%	$6.6M	$6.6M	50x	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0024% / S +0.0152%	1h	60.702	+0.020%	$76K	—	200x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.706	+0.026%	$344K	$4.4M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	60.738	+0.079%	$686K	$1.1M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0002%	1h	60.674	−0.027%	$25K	—	150x	as long as short
Variational Omni LTC	+0.0011%	8h	60.655	−0.058%	$3.6M	$2.7M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.230%	$5K	$22K	12x	as long as short
Lighter LTCshort	+0.0096%	1h	60.732	+0.069%	$930K	$1.6M	10x
Orderly PERP_LTC_USDC	+0.0099%	8h	60.690	0.000%	$13K	$95K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.655	−0.058%	$14K	$10K	20x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado LTC-PERP	+0.0100%	1h	60.700	+0.016%	$263K	$344K	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.703	+0.021%	$2.5M	$2.6M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.680	−0.016%	$530K	$82K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.677	−0.022%	$88.8M	$235.7M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.660	−0.049%	$77.1M	$61.6M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.670	−0.033%	$27.0M	$76.9M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.660	−0.049%	$14.2M	$21.4M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.670	−0.033%	$56.5M	$36.0M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.690	0.000%	$18.1M	$13.5M	75x	as long as short
Bitget LTCUSDTlong	+0.0100%	8h	60.690	long leg	$31.3M	$23.0M	75x
BingX LTC-USDT	+0.0100%	8h	60.690	0.000%	—	$18.6M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.685	−0.008%	$140K	$277K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.596	−0.154%	$41K	$376K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.643	−0.077%	$347K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.600	−0.148%	$107K	$715K	50x	as long as short
Polymarket Perps LTC-USD	+0.0100%	1h	60.710	+0.033%	$82K	$732K	10x	as long as short
SunX LTC-USDT	+0.0100%	8h	60.740	+0.082%	$17K	$3.8M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.700	+0.016%	$163	$6K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.690	0.000%	$2.0M	$5.1M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.700	+0.016%	$21.4M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.660	−0.050%	$680K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.693	+0.006%	$463K	—	3x	as long as short
Hyperliquid LTC	+0.0138%	1h	60.733	+0.071%	$38.2M	$26.2M	10x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.690	0.000%	$4.2M	$12.6M	50x	as long as short
dYdX LTC-USD	+0.0299%	1h	60.674	−0.026%	$426K	$6K	10x	as long as short
Reya LTCRUSDPERP	+0.0338%	1h	60.691	+0.002%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0632%	1h	60.720	+0.049%	$1.1M	$2.6M	50x	as long as short