Funding arb · Price arb /

LTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Nado against edgeX+0.027%62s7-day average −0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$380.378% of the position

Long on edgeX Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.083%−$8 · spread now +0.027%, 7d avg −0.006%

Together, before fees−0.083%+ Points / potential airdropedgeX: Active · Nado: Active · farm board−$8 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Nado is 0.033% dearer against edgeX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.006%. The two prices were read 62 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	edgeX LTCUSDC	60.599	0.0100	pay 0.0050% / 4h	19m 50s	$41K	$374K	20x
Short	Nado LTC-PERP	60.615	0.0100	get 0.0012% / 1h	19m 50s	$267K	$333K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against edgeX. 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 edgeXbpFee NadobpOrdersPrice spread, now +0.027%Rate

Funding earned: $0
Price spread: +0.027% → −0.006%: $3.29
Slippage, 4 orders: −$21.77
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$34.49
Costs to cover: 0.378%
Break-even: never at this rate

Slippage from edgeX: live order book, 39 min ago; Nado: live order book, 38 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 edgeX live order book, 39 min ago	7.45 bp	12.0 bp −$12	18.4 bp −$184	doesn't fit	doesn't fit
Sell Nado live order book, 38 min ago	0.66 bp	6.5 bp −$6	20.3 bp −$203	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
GMX LTC/USD [ETH-USDC]	L −0.0327% / S +0.0431%	1h	60.591	−0.013%	$110K	—	200x	as long as short
Polymarket Perps LTC-USD	−0.0220%	1h	60.518	−0.133%	$79K	$397K	10x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.628	+0.048%	$345K	$4.4M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	60.619	+0.034%	$687K	$1.1M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	60.604	+0.009%	$30K	—	150x	as long as short
Variational Omni LTC	+0.0025%	8h	60.554	−0.074%	$3.6M	$2.6M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.084%	$5K	$22K	12x	as long as short
Lighter LTC	+0.0096%	1h	60.603	+0.007%	$940K	$1.6M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.590	−0.014%	$13K	$171K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.613	+0.024%	$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-PERPshort	+0.0100%	1h	60.615	+0.027%	$267K	$333K	10x
Hyperliquid LTC	+0.0100%	1h	60.648	+0.081%	$37.1M	$25.5M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.627	+0.047%	$2.5M	$2.6M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.634	+0.058%	$530K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.604	+0.010%	$89.9M	$229.9M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.600	+0.002%	$76.4M	$60.6M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.580	−0.031%	$26.8M	$75.3M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.620	+0.035%	$12.5M	$21.9M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.600	+0.002%	$57.4M	$35.5M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.590	−0.014%	$18.1M	$13.0M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.620	+0.035%	$32.2M	$22.4M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	60.610	+0.019%	—	$38.3M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.580	−0.031%	$153K	$276K	10x	as long as short
edgeX LTCUSDClong	+0.0100%	4h	60.599	long leg	$41K	$374K	20x
GRVT LTC_USDT_Perp	+0.0100%	8h	60.624	+0.043%	$338K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.690	+0.151%	$108K	$718K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	60.680	+0.134%	$17K	$3.9M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.600	+0.002%	$162	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.560	−0.064%	$1.9M	$5.0M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.620	+0.035%	$21.5M	$8.9M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.589	−0.016%	$671K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.590	−0.014%	$463K	—	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.630	+0.052%	$4.7M	$12.2M	50x	as long as short
Kraken Futures PF_LTCUSD	+0.0295%	1h	60.626	+0.045%	$6.7M	$6.3M	50x	as long as short
dYdX LTC-USD	+0.0317%	1h	60.618	+0.032%	$426K	$8K	10x	as long as short
Reya LTCRUSDPERP	+0.0336%	1h	60.575	−0.039%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0848%	1h	60.710	+0.184%	$1.1M	$2.3M	50x	as long as short