Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0580%/8h= −63.5% APRpaid last 24h −0.173%

Price spread now: edgeX against Coinbase International−0.208%77s7-day average −0.145% · you buy dearer than you sell

Net, funding: paid 7d − costs−$94as 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−$480.480% of the position

Long on Coinbase International Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.458%−$46 on $10k

Price spread, last 4 days (all we have)+0.191%+$19 · spread now −0.208%, 7d avg −0.145%

Together, before fees−0.267%+ Points / potential airdropedgeX: Active · farm board−$27 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and edgeX is 0.063% cheaper against Coinbase International than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.145%). Swap the legs. The two prices were read 77 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	Coinbase International LTC-PERP-INTX	60.670	0.0680	pay 0.0085% / 1h	22m 12s	$1.1M	$2.5M	50x
Short	edgeX LTCUSDC	60.544	0.0100	get 0.0050% / 4h	22m 12s	$41K	$376K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee edgeXbpOrdersPrice spread, now −0.208%Rate

Funding earned: −$121.8
Price spread: −0.208% → −0.145%: −$6.29
Slippage, 4 orders: −$29.02
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$176.11
Costs to cover: 0.480%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 2 min ago; edgeX: live order book, 16 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 Coinbase International live order book, 2 min ago	2.47 bp	13.0 bp −$13	18.8 bp −$188	doesn't fit	doesn't fit
Sell edgeX live order book, 16 min ago	6.59 bp	11.1 bp −$11	18.9 bp −$189	doesn't fit	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
Polymarket Perps LTC-USD	−0.0082%	1h	60.546	−0.204%	$82K	$739K	10x	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0029% / S +0.0159%	1h	60.590	−0.132%	$75K	—	200x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.611	−0.097%	$332K	$4.3M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0002%	1h	60.594	−0.125%	$25K	—	150x	as long as short
Variational Omni LTC	+0.0012%	8h	60.474	−0.323%	$3.5M	$2.7M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.198%	$5K	$22K	12x	as long as short
Lighter LTC	+0.0096%	1h	60.605	−0.107%	$928K	$1.7M	10x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0097%	1h	60.618	−0.086%	$685K	$1.1M	50x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.560	−0.181%	$13K	$107K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.588	−0.135%	$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	60.565	−0.173%	$262K	$343K	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.623	−0.077%	$2.5M	$2.6M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.595	−0.123%	$530K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.562	−0.178%	$88.9M	$235.0M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.550	−0.198%	$76.7M	$61.4M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.560	−0.181%	$26.8M	$76.5M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.580	−0.148%	$14.0M	$22.2M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.580	−0.148%	$56.2M	$36.3M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.580	−0.148%	$18.0M	$13.5M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.580	−0.148%	$31.1M	$22.8M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	60.560	−0.181%	—	$18.6M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.566	−0.171%	$139K	$269K	10x	as long as short
edgeX LTCUSDCshort	+0.0100%	4h	60.544	−0.208%	$41K	$376K	20x
GRVT LTC_USDT_Perp	+0.0100%	8h	60.540	−0.214%	$342K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.580	−0.148%	$107K	$714K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	60.640	−0.049%	$17K	$3.8M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.570	−0.165%	$162	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.580	−0.148%	$2.0M	$5.1M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.590	−0.132%	$21.4M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.539	−0.216%	$680K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.570	−0.165%	$463K	—	3x	as long as short
Hyperliquid LTC	+0.0107%	1h	60.626	−0.073%	$38.1M	$26.4M	10x	as long as short
Kraken Futures PF_LTCUSD	+0.0184%	1h	60.593	−0.127%	$6.5M	$6.6M	50x	as long as short
dYdX LTC-USD	+0.0211%	1h	60.568	−0.167%	$426K	$6K	10x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.600	−0.115%	$4.2M	$12.5M	50x	as long as short
Reya LTCRUSDPERP	+0.0338%	1h	60.556	−0.188%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTXlong	+0.0680%	1h	60.670	long leg	$1.1M	$2.5M	50x