Funding arb · Price arb /

LTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0116%/8h= +12.7% APRpaid last 24h +0.035%

Price spread now: BloFin against Extended+0.392%354s7-day average +0.071% · you sell dearer than you buy

Net, funding: paid 7d − costs−$18as 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−$370.371% of the position

Long on Extended Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.191%+$19 on $10k

Price spread, last 3 days (all we have)−0.307%−$31 · spread now +0.392%, 7d avg +0.071%

Together, before fees−0.116%+ Points / potential airdropExtended: Active · farm board−$12 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 BloFin is 0.320% dearer against Extended than usual: you sell high and buy low: +$32 more if the spread goes back to its 7-day average of +0.071%. The two prices were read 354 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	Extended LTC-USD	61.380	0.0104	pay 0.0013% / 1h	43m 05s	$683K	$1.1M	25x
Short	BloFin LTC-USDT	61.620	0.0220	get 0.0220% / 8h	6h 43m	$4.8M	$12.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Extended. 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 ExtendedbpFee BloFinbpOrdersPrice spread, now +0.392%Rate

Funding earned: $24.36
Price spread: +0.392% → +0.071%: $32.05
Slippage, 4 orders: −$20.08
Fee Extended: 2.5 bp × 2 orders: −$5
Fee BloFin: 6 bp × 2 orders: −$12
Net: $19.33
Costs to cover: 0.371%
Break-even: 1.4 days

Slippage from Extended: live order book, just now; BloFin: live order book, 6 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 Extended live order book, just now	3.26 bp	10.6 bp −$11	16.3 bp −$163	doesn't fit	doesn't fit
Sell BloFin live order book, 6 min ago	1.62 bp	10.2 bp −$10	14.1 bp −$141	30.2 bp −$3,017	75.9 bp −$38.0K

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
Polymarket Perps LTC-USD	−0.0311%	1h	61.355	−0.040%	$79K	$382K	10x	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0209% / S +0.0352%	1h	61.425	+0.074%	$112K	—	200x	as long as short
Variational Omni LTC	−0.0039%	8h	61.485	+0.172%	$3.6M	$2.6M	—	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.481	+0.165%	$294K	$4.2M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	61.437	+0.093%	$701K	$1.1M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0005%	1h	61.415	+0.057%	$20K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−4.317%	$5K	$22K	12x	as long as short
Kraken Futures PF_LTCUSD	+0.0049%	1h	61.434	+0.088%	$6.8M	$5.8M	50x	as long as short
Lighter LTC	+0.0096%	1h	61.489	+0.178%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0100%	8h	61.420	+0.066%	$13K	$219K	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	61.494	+0.187%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	61.430	+0.082%	$263K	$311K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	61.366	−0.022%	$37.5M	$23.9M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	61.474	+0.154%	$2.6M	$2.3M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.479	+0.162%	$537K	$86K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.252	−0.209%	$93.5M	$222.3M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	61.220	−0.260%	$77.8M	$58.1M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.210	−0.276%	$27.2M	$74.6M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	61.340	−0.065%	$12.9M	$20.4M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.370	−0.016%	$60.7M	$34.2M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.430	+0.082%	$18.6M	$12.9M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.300	−0.130%	$31.6M	$21.2M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	61.320	−0.097%	—	$37.9M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	61.324	−0.091%	$157K	$279K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	61.552	+0.281%	$42K	$358K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.410	+0.050%	$343K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.590	+0.343%	$104K	$714K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.540	+0.261%	$17K	$4.0M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.400	+0.033%	$632	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	61.400	+0.033%	$1.9M	$4.9M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.380	+0.001%	$21.9M	$8.9M	50x	as long as short
Extended LTC-USDlong	+0.0104%	1h	61.380	long leg	$683K	$1.1M	25x
Aevo LTC-PERP	+0.0104%	1h	61.405	+0.042%	$469K	—	3x	as long as short
dYdX LTC-USD	+0.0154%	1h	61.511	+0.214%	$432K	$8K	10x	as long as short
BloFin LTC-USDTshort	+0.0220%	8h	61.620	+0.392%	$4.8M	$12.3M	50x
Reya LTCRUSDPERP	+0.0335%	1h	61.401	+0.035%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0808%	1h	61.640	+0.424%	$1.2M	$2.2M	50x	as long as short