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: HTX against Coinbase International−0.247%7-day average −0.155% · you buy dearer than you sell

Net, funding: paid 7d − costs−$92as in the Funding arb table

Net, price: spread back to 7d avg − costs−$55as in the Price arb table

costs, in and out, $10k−$460.462% of the position

Long on Coinbase International Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.457%−$46 on $10k

Price spread, last 4 days (all we have)+0.140%+$14 · spread now −0.247%, 7d avg −0.155%

Together, before fees−0.317%−$32 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 HTX is 0.092% cheaper against Coinbase International than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.155%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International LTC-PERP-INTX	60.820	0.0680	pay 0.0085% / 1h	16m 28s	$1.1M	$2.5M	50x
Short	HTX LTC-USDT	60.670	0.0100	get 0.0100% / 8h	16m 28s	$2.0M	$5.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now −0.247%Rate

Funding earned: −$121.8
Price spread: −0.247% → −0.155%: −$9.2
Slippage, 4 orders: −$24.21
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$177.22
Costs to cover: 0.462%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 2 min ago; HTX: live order book, 2 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	4.93 bp	12.9 bp −$13	19.2 bp −$192	doesn't fit	doesn't fit
Sell HTX live order book, 2 min ago	3.30 bp	9.3 bp −$9	16.9 bp −$169	43.7 bp −$4,371	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	−0.0077%	1h	60.668	−0.250%	$82K	$732K	10x	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0028% / S +0.0158%	1h	60.688	−0.218%	$76K	—	200x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.707	−0.186%	$332K	$4.3M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0002%	1h	60.685	−0.221%	$25K	—	150x	as long as short
Variational Omni LTC	+0.0011%	8h	60.534	−0.470%	$3.5M	$2.7M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.436%	$5K	$22K	12x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0063%	1h	60.721	−0.163%	$686K	$1.1M	50x	as long as short
Lighter LTC	+0.0096%	1h	60.734	−0.141%	$930K	$1.7M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.650	−0.280%	$13K	$107K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.690	−0.214%	$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	60.690	−0.214%	$263K	$343K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	60.758	−0.103%	$38.2M	$26.4M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.717	−0.170%	$2.5M	$2.6M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.706	−0.187%	$531K	$82K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.700	−0.197%	$89.1M	$235.0M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.670	−0.247%	$76.9M	$61.4M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.690	−0.214%	$26.9M	$76.7M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.700	−0.197%	$14.1M	$22.2M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.710	−0.181%	$56.3M	$36.4M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.700	−0.197%	$18.0M	$13.5M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.700	−0.197%	$31.2M	$22.8M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	60.700	−0.197%	—	$18.6M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.694	−0.207%	$143K	$273K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.686	−0.220%	$41K	$377K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.739	−0.134%	$337K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.730	−0.148%	$107K	$713K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	60.750	−0.115%	$17K	$3.8M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.680	−0.230%	$163	$5K	10x	as long as short
HTX LTC-USDTshort	+0.0100%	8h	60.670	−0.247%	$2.0M	$5.1M	75x
Phemex LTCUSDT	+0.0100%	8h	60.710	−0.181%	$21.4M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.675	−0.239%	$680K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.680	−0.230%	$463K	—	3x	as long as short
Kraken Futures PF_LTCUSD	+0.0183%	1h	60.712	−0.177%	$6.6M	$6.6M	50x	as long as short
dYdX LTC-USD	+0.0202%	1h	60.690	−0.214%	$427K	$6K	10x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.680	−0.230%	$4.2M	$12.5M	50x	as long as short
Reya LTCRUSDPERP	+0.0338%	1h	60.651	−0.278%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTXlong	+0.0680%	1h	60.820	long leg	$1.1M	$2.5M	50x