Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0867%/8h= +94.9% APRpaid last 24h +0.190%

Price spread now: dYdX against Bybit+0.061%7-day average +0.036% · you sell dearer than you buy

Net, funding: paid 7d − costs+$24as in the Funding arb table

Net, price: spread back to 7d avg − costs−$64as in the Price arb table

costs, in and out, $10k−$660.661% of the position

Long on Bybit Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.903%+$90 on $10k

Price spread, last 4 days (all we have)−0.065%−$7 · spread now +0.061%, 7d avg +0.036%

Together, before fees+0.837%+$84 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$26 a day on $10k at the current rate, and dYdX is 0.025% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.036%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit LTCUSDT	61.500	0.0100	pay 0.0100% / 8h	1h 13m	$78.0M	$59.7M	75x
Short	dYdX LTC-USD	61.538	0.0967	get 0.0121% / 1h	13m 42s	$433K	$8K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Bybit. 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 BybitbpFee dYdXbpOrdersPrice spread, now +0.061%Rate

Funding earned: $181.98
Price spread: +0.061% → +0.036%: $2.51
Slippage, 4 orders: −$45.07
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee dYdX: 5 bp × 2 orders: −$10
Net: $118.42
Costs to cover: 0.661%
Break-even: 2.4 days

Slippage from Bybit: live order book, 5 min ago; dYdX: live order book, 5 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 Bybit live order book, 5 min ago	0.81 bp	7.7 bp −$8	12.9 bp −$129	44.7 bp −$4,473	doesn't fit
Sell dYdX live order book, 5 min ago	20.25 bp	25.3 bp −$25	67.4 bp −$674	113.7 bp −$11.4K	142.9 bp −$71.5K

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 −0.0074% / S +0.0278%	1h	61.544	+0.071%	$112K	—	200x	as long as short
Variational Omni LTC	−0.0062%	8h	61.507	+0.012%	$3.6M	$4.0M	—	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.590	+0.146%	$339K	$4.1M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	61.558	+0.095%	$30K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−4.504%	$5K	$22K	12x	as long as short
Gate LTC_USDT	+0.0046%	8h	61.500	0.000%	$12.9M	$21.2M	75x	as long as short
Polymarket Perps LTC-USD	+0.0075%	1h	61.524	+0.039%	$85K	$378K	10x	as long as short
Kraken Futures PF_LTCUSD	+0.0087%	1h	61.583	+0.135%	$6.8M	$5.8M	50x	as long as short
Orderly PERP_LTC_USDC	+0.0100%	8h	61.550	+0.081%	$12K	$213K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	61.512	+0.019%	$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	61.565	+0.106%	$253K	$321K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	61.569	+0.112%	$37.3M	$23.8M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	61.586	+0.139%	$2.6M	$2.2M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.523	+0.037%	$538K	$84K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.517	+0.028%	$95.3M	$222.5M	75x	as long as short
Bybit LTCUSDTlong	+0.0100%	8h	61.500	long leg	$78.0M	$59.7M	75x
OKX LTC-USDT-SWAP	+0.0100%	8h	61.500	0.000%	$27.4M	$74.6M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.520	+0.033%	$61.7M	$34.8M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.520	+0.033%	$19.0M	$12.6M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.480	−0.033%	$31.9M	$22.0M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	61.480	−0.033%	—	$37.4M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	61.527	+0.044%	$158K	$266K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	61.529	+0.046%	$42K	$357K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.530	+0.049%	$351K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.550	+0.081%	$103K	$708K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.660	+0.260%	$17K	$4.2M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.550	+0.081%	$634	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	61.540	+0.065%	$1.9M	$4.8M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.590	+0.146%	$22.0M	$9.1M	50x	as long as short
Lighter LTC	+0.0104%	1h	61.593	+0.151%	$1.3M	$1.2M	10x	as long as short
Extended LTC-USD	+0.0104%	1h	61.487	−0.021%	$685K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.551	+0.082%	$470K	$499	3x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0140%	1h	61.580	+0.130%	$694K	$1.1M	50x	as long as short
BloFin LTC-USDT	+0.0220%	8h	61.560	+0.098%	$4.8M	$11.7M	50x	as long as short
Reya LTCRUSDPERP	+0.0334%	1h	61.537	+0.061%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0760%	1h	61.780	+0.455%	$1.2M	$2.2M	50x	as long as short
dYdX LTC-USDshort	+0.0967%	1h	61.538	+0.061%	$433K	$8K	10x