Settings8H · net · $10k
Funding arb · Price arb /

LTC

all LTC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0708%/8h= −77.5% APRnext payment $0.89 per $10,000 · paid last 24h −0.151%
Price spread now: ApeX Omni against Coinbase International−0.275%7-day average −0.085% · you buy dearer than you sell
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$520.522% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.408%−$41 on $10k
Price spread, last 3 days (all we have)+0.200%+$20 · spread now −0.275%, 7d avg −0.085%
Together, before fees−0.208%−$21 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and ApeX Omni is 0.190% cheaper against Coinbase International than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of −0.085%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.408% in total (about -21.3% a year). A funding rate is set anew for every payment; at this rate the next one is about $0.89 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International LTC-PERP-INTX61.7600.0808pay 0.0101% / 1h44m 36s$1.2M$2.2M50x
ShortApeX Omni LTCUSDT61.5900.0100get 0.0013% / 1h44m 36s$104K$714K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Coinbase International. 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

Funding earned
−$148.68
Price spread: −0.275% → −0.085%
−$18.98
Slippage, 4 orders
−$32.22
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$219.88
Costs to cover
0.522%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 4 min ago; ApeX Omni: live order book, 24 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 4 min ago5.67 bp10.7 bp −$1116.7 bp −$167doesn't fitdoesn't fit
Sell ApeX Omni live order book, 24 min ago6.43 bp13.3 bp −$1353.7 bp −$537doesn't fitdoesn't fit

LTC on 37 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps LTC-USD−0.0303%1h61.409−0.568%$79K$382K10xas long as short
GMX LTC/USD [ETH-USDC]L −0.0208% / S +0.0351%1h61.446−0.508%$112K200xas long as short
Variational Omni LTC−0.0039%8h61.485−0.445%$3.6M$2.6Mas long as short
Kalshi KXLTCPERP0.0000%8h61.475−0.461%$294K$4.2M4xas long as short
Deribit LTC_USDC-PERPETUAL0.0000%1h61.459−0.487%$704K$1.1M50xas long as short
gTrade (Gains Network) LTC/USDL +0.0002% / S −0.0005%1h61.454−0.495%$20K150xas long as short
Injective LTC/USDC PERP+0.0033%1h58.730−4.906%$5K$22K12xas long as short
Kraken Futures PF_LTCUSD+0.0049%1h61.441−0.516%$6.8M$5.8M50xas long as short
Lighter LTC+0.0096%1h61.486−0.444%$1.3M$1.2M10xas long as short
Orderly PERP_LTC_USDC+0.0100%8h61.440−0.518%$13K$217K20xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex LTC-USD-PERP+0.0100%8h61.420−0.551%$14K$10K20xas long as short
Nado LTC-PERP+0.0100%1h61.455−0.494%$262K$311K10xas long as short
Hyperliquid LTC+0.0100%1h61.455−0.494%$37.6M$23.9M10xas long as short
Aster LTCUSDT+0.0100%8h61.470−0.470%$2.6M$2.3M75xas long as short
Pacifica LTC+0.0100%1h61.435−0.526%$537K$86K10xas long as short
Binance LTCUSDT+0.0100%8h61.470−0.470%$93.9M$222.2M75xas long as short
Bybit LTCUSDT+0.0100%8h61.460−0.486%$78.1M$58.0M75xas long as short
OKX LTC-USDT-SWAP+0.0100%8h61.480−0.453%$27.3M$74.8M50xas long as short
Gate LTC_USDT+0.0100%8h61.430−0.534%$12.9M$20.4M75xas long as short
MEXC LTC_USDT+0.0100%8h61.430−0.534%$60.7M$34.2M200xas long as short
KuCoin LTCUSDTM+0.0100%8h61.430−0.534%$18.6M$12.9M75xas long as short
Bitget LTCUSDT+0.0100%8h61.440−0.518%$31.7M$21.3M75xas long as short
BingX LTC-USDC+0.0100%8h61.450−0.502%$6.5Mas long as short
Backpack LTC_USDC_PERP+0.0100%1h61.393−0.594%$157K$280K10xas long as short
edgeX LTCUSDC+0.0100%4h61.552−0.337%$42K$358K20xas long as short
GRVT LTC_USDT_Perp+0.0100%8h61.610−0.243%$344K$2.0M10xas long as short
ApeX Omni LTCUSDTshort+0.0100%1h61.590−0.275%$104K$714K50x
SunX LTC-USDT+0.0100%8h61.560−0.324%$17K$4.0M30xas long as short
SoDEX LTC-USD+0.0100%1h61.420−0.551%$633$5K10xas long as short
HTX LTC-USDT+0.0100%8h61.400−0.583%$1.9M$4.9M75xas long as short
Phemex LTCUSDT+0.0100%8h61.440−0.518%$21.9M$9.0M50xas long as short
Extended LTC-USD+0.0104%1h61.419−0.552%$683K$1.1M25xas long as short
Aevo LTC-PERP+0.0104%1h61.424−0.545%$469K3xas long as short
dYdX LTC-USD+0.0165%1h61.440−0.518%$432K$8K10xas long as short
BloFin LTC-USDT+0.0220%8h61.620−0.227%$4.8M$12.3M50xas long as short
Reya LTCRUSDPERP+0.0335%1h61.426−0.541%$8K25xas long as short
Coinbase International LTC-PERP-INTXlong+0.0808%1h61.760long leg$1.2M$2.2M50x