Funding arb · Price arb /

LTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0320%/8h= −35.1% APRpaid last 24h −0.124%

Price spread now: Gate against dYdX−0.008%7-day average −0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs−$443as in the Funding arb table

Net, price: spread back to 7d avg − costs−$356as in the Price arb table

costs, in and out, $10k−$3573.569% of the position

Long on dYdX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.861%−$86 on $10k

Price spread, last 4 days (all we have)−0.048%−$5 · spread now −0.008%, 7d avg −0.015%

Together, before fees−0.909%−$91 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.015%, so right now this pair is about funding alone: −$10 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX LTC-USD	60.675	0.0420	pay 0.0053% / 1h	51m 25s	$426K	$6K	10x
Short	Gate LTC_USDT	60.670	0.0100	get 0.0100% / 8h	7h 51m	$14.2M	$21.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.008%Rate

Funding earned: −$67.23
Price spread: −0.008% → −0.015%: $0.64
Slippage, 4 orders: −$331.9
Fee dYdX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$423.48
Costs to cover: 3.569%
Break-even: never at this rate

Slippage from dYdX: live order book, 48 min ago; Gate: 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 dYdX live order book, 48 min ago	26.31 bp	152.5 bp −$153	164.8 bp −$1,648	244.1 bp −$24.4K	677.7 bp −$338.8K
Sell Gate live order book, 2 min ago	1.65 bp	15.2 bp −$15	24.2 bp −$242	45.0 bp −$4,504	64.0 bp −$32.0K

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
Kraken Futures PF_LTCUSD	−0.0040%	1h	60.662	−0.021%	$6.5M	$6.6M	50x	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0024% / S +0.0152%	1h	60.672	−0.004%	$76K	—	200x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.702	+0.044%	$344K	$4.4M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	60.681	+0.010%	$685K	$1.1M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0002%	1h	60.674	−0.002%	$25K	—	150x	as long as short
Variational Omni LTC	+0.0011%	8h	60.655	−0.033%	$3.6M	$2.7M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.206%	$5K	$22K	12x	as long as short
Lighter LTC	+0.0096%	1h	60.713	+0.063%	$930K	$1.6M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.660	−0.025%	$13K	$94K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.675	+0.001%	$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	60.740	+0.107%	$263K	$344K	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.749	+0.121%	$2.5M	$2.6M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.695	+0.032%	$531K	$82K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.740	+0.107%	$88.9M	$235.8M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.720	+0.074%	$77.2M	$61.5M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.750	+0.124%	$27.0M	$77.0M	50x	as long as short
Gate LTC_USDTshort	+0.0100%	8h	60.670	−0.008%	$14.2M	$21.4M	75x
MEXC LTC_USDT	+0.0100%	8h	60.730	+0.091%	$56.5M	$36.0M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.690	+0.025%	$18.1M	$13.5M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.760	+0.140%	$31.3M	$23.0M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	60.730	+0.091%	—	$18.6M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.669	−0.010%	$141K	$278K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.667	−0.013%	$41K	$376K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.709	+0.056%	$335K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.710	+0.058%	$107K	$715K	50x	as long as short
Polymarket Perps LTC-USD	+0.0100%	1h	60.760	+0.140%	$82K	$732K	10x	as long as short
SunX LTC-USDT	+0.0100%	8h	60.730	+0.091%	$17K	$3.8M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.640	−0.058%	$163	$6K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.690	+0.025%	$2.0M	$5.1M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.690	+0.025%	$21.4M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.715	+0.065%	$680K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.644	−0.050%	$463K	—	3x	as long as short
Hyperliquid LTC	+0.0148%	1h	60.807	+0.218%	$38.3M	$26.2M	10x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.690	+0.025%	$4.2M	$12.6M	50x	as long as short
Reya LTCRUSDPERP	+0.0338%	1h	60.731	+0.092%	$8K	—	25x	as long as short
dYdX LTC-USDlong	+0.0420%	1h	60.675	long leg	$426K	$6K	10x
Coinbase International LTC-PERP-INTX	+0.0632%	1h	60.720	+0.074%	$1.1M	$2.6M	50x	as long as short