Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0117%/8h= −12.8% APRpaid last 24h −0.112%

Price spread now: BloFin against dYdX−0.083%92s7-day average +0.010% · you buy dearer than you sell

Net, funding: paid 7d − costs−$146as 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−$820.824% of the position

Long on dYdX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.637%−$64 on $10k

Price spread, last 4 days (all we have)+0.134%+$13 · spread now −0.083%, 7d avg +0.010%

Together, before fees−0.503%−$50 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and BloFin is 0.092% cheaper against dYdX than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.010%). Swap the legs. The two prices were read 92 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	dYdX LTC-USD	60.570	0.0337	pay 0.0042% / 1h	29m 47s	$426K	$7K	10x
Short	BloFin LTC-USDT	60.520	0.0220	get 0.0220% / 8h	2h 29m	$4.1M	$12.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against dYdX. 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 dYdXbpFee BloFinbpOrdersPrice spread, now −0.083%Rate

Funding earned: −$24.49
Price spread: −0.083% → +0.010%: −$9.23
Slippage, 4 orders: −$60.38
Fee dYdX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$116.1
Costs to cover: 0.824%
Break-even: never at this rate

Slippage from dYdX: live order book, 19 min ago; BloFin: live order book, 4 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 dYdX live order book, 19 min ago	13.94 bp	18.9 bp −$19	35.5 bp −$355	38.3 bp −$3,831	75.1 bp −$37.6K
Sell BloFin live order book, 4 min ago	1.65 bp	9.1 bp −$9	12.6 bp −$126	25.6 bp −$2,560	56.9 bp −$28.5K

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 −0.0229% / S +0.0381%	1h	60.561	−0.015%	$96K	—	200x	as long as short
Polymarket Perps LTC-USD	−0.0165%	1h	60.554	−0.026%	$88K	$646K	10x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.572	+0.003%	$332K	$4.3M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0002%	1h	60.555	−0.024%	$25K	—	150x	as long as short
Kraken Futures PF_LTCUSD	+0.0012%	1h	60.562	−0.013%	$6.6M	$6.5M	50x	as long as short
Variational Omni LTC	+0.0027%	8h	60.476	−0.156%	$3.6M	$2.6M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.038%	$5K	$22K	12x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0047%	1h	60.582	+0.020%	$685K	$1.1M	50x	as long as short
Lighter LTC	+0.0096%	1h	60.576	+0.010%	$931K	$1.7M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.550	−0.033%	$13K	$136K	20x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex LTC-USD-PERP	+0.0100%	8h	60.539	−0.051%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	60.530	−0.066%	$263K	$333K	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.583	+0.021%	$2.5M	$2.5M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.572	+0.003%	$529K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.558	−0.020%	$89.0M	$233.2M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.520	−0.083%	$76.6M	$61.6M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.530	−0.066%	$26.7M	$75.9M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.560	−0.017%	$13.1M	$22.1M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.530	−0.066%	$56.3M	$35.8M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.560	−0.017%	$17.9M	$13.1M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.560	−0.017%	$31.1M	$22.8M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	60.580	+0.017%	—	$18.2M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.562	−0.013%	$144K	$270K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.571	+0.001%	$41K	$376K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.595	+0.042%	$339K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.570	0.000%	$106K	$714K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	60.660	+0.149%	$17K	$3.9M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.540	−0.050%	$162	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.530	−0.066%	$2.0M	$5.0M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.580	+0.017%	$21.5M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.554	−0.027%	$672K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.545	−0.041%	$462K	—	3x	as long as short
BloFin LTC-USDTshort	+0.0220%	8h	60.520	−0.083%	$4.1M	$12.3M	50x
Hyperliquid LTC	+0.0258%	1h	60.640	+0.116%	$37.9M	$26.2M	10x	as long as short
dYdX LTC-USDlong	+0.0337%	1h	60.570	long leg	$426K	$7K	10x
Reya LTCRUSDPERP	+0.0337%	1h	60.571	+0.002%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0728%	1h	60.960	+0.644%	$1.1M	$2.5M	50x	as long as short