Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.005%

Price spread now: edgeX against Deribit+0.275%75s7-day average −0.055% · you sell dearer than you buy

Net, funding: paid 7d − costs−$23as 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−$370.374% of the position

Long on Deribit Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.147%+$15 on $10k

Price spread, last 3 days (all we have)−0.338%−$34 · spread now +0.275%, 7d avg −0.055%

Together, before fees−0.192%+ Points / potential airdropedgeX: Active · farm board−$19 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and edgeX is 0.331% dearer against Deribit than usual: you sell high and buy low: +$33 more if the spread goes back to its 7-day average of −0.055%. The two prices were read 75 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	Deribit LTC_USDC-PERPETUAL	62.021	0	get 0.0000% / 1h	5m 56s	$694K	$1.0M	50x
Short	edgeX LTCUSDC	62.192	0.0100	get 0.0050% / 4h	2h 05m	$42K	$346K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Deribit. 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 DeribitbpFee edgeXbpOrdersPrice spread, now +0.275%Rate

Funding earned: $21
Price spread: +0.275% → −0.055%: $33.08
Slippage, 4 orders: −$21.36
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $16.72
Costs to cover: 0.374%
Break-even: 1.4 days

Slippage from Deribit: live order book, 3 min ago; edgeX: live order book, 17 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 Deribit live order book, 3 min ago	2.41 bp	5.9 bp −$6	12.9 bp −$129	doesn't fit	doesn't fit
Sell edgeX live order book, 17 min ago	6.41 bp	10.9 bp −$11	18.0 bp −$180	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	−0.0318%	1h	61.955	−0.106%	$79K	$371K	10x	as long as short
Variational Omni LTC	−0.0080%	8h	62.174	+0.247%	$3.6M	$4.0M	—	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0032% / S +0.0261%	1h	61.969	−0.084%	$128K	—	200x	as long as short
Gate LTC_USDT	−0.0024%	8h	61.970	−0.082%	$12.7M	$20.9M	75x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.993	−0.045%	$329K	$4.0M	4x	as long as short
Deribit LTC_USDC-PERPETUALlong	0.0000%	1h	62.021	long leg	$694K	$1.0M	50x
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	61.983	−0.062%	$31K	—	150x	as long as short
Backpack LTC_USDC_PERP	+0.0013%	1h	61.961	−0.097%	$159K	$268K	10x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.306%	$5K	$22K	12x	as long as short
Bybit LTCUSDT	+0.0091%	8h	61.970	−0.082%	$78.5M	$59.7M	75x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter LTC	+0.0096%	1h	62.070	+0.079%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	62.010	−0.018%	$12K	$212K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	61.996	−0.040%	$16K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	62.005	−0.026%	$254K	$330K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	62.062	+0.066%	$38.1M	$23.2M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	62.020	−0.002%	$2.6M	$2.2M	75x	as long as short
Pacifica LTC	+0.0100%	1h	62.020	−0.002%	$543K	$84K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.997	−0.038%	$96.0M	$221.5M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.970	−0.082%	$27.5M	$74.9M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.990	−0.050%	$60.7M	$35.6M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.980	−0.066%	$18.6M	$12.1M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.980	−0.066%	$32.2M	$21.8M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	61.990	−0.050%	—	$6.5M	—	as long as short
edgeX LTCUSDCshort	+0.0100%	4h	62.192	+0.275%	$42K	$346K	20x
GRVT LTC_USDT_Perp	+0.0100%	8h	62.156	+0.218%	$349K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	62.220	+0.321%	$104K	$711K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	62.060	+0.063%	$17K	$4.2M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.980	−0.066%	$638	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	61.940	−0.131%	$1.9M	$4.9M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	62.030	+0.015%	$22.2M	$9.1M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	61.968	−0.086%	$694K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.995	−0.041%	$473K	$499	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	62.090	+0.111%	$4.9M	$11.8M	50x	as long as short
Kraken Futures PF_LTCUSD	+0.0228%	1h	62.031	+0.015%	$6.8M	$5.8M	50x	as long as short
Reya LTCRUSDPERP	+0.0334%	1h	61.965	−0.090%	$8K	—	25x	as long as short
dYdX LTC-USD	+0.0573%	1h	62.027	+0.010%	$436K	$8K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0712%	1h	62.060	+0.063%	$1.2M	$2.1M	50x	as long as short