Funding arb · Price arb /

LTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0218%/8h= +23.9% APRpaid last 24h +0.066%

Price spread now: BloFin against gTrade (Gains Network)+0.028%110s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.028% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 110 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	gTrade (Gains Network) LTC/USD	61.843	L +0.0002% / S −0.0003%	pay 0.0000% / 1h	49m 32s	$31K	—	150x
Short	BloFin LTC-USDT	61.860	0.0220	get 0.0220% / 8h	1h 49m	$4.8M	$11.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee BloFinbpOrdersPrice spread, now +0.028%Rate

Funding earned: $45.86
Price spread: +0.028% → 0.000%: $2.83
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: $26.69
Costs to cover: 0.220%
Break-even: 2.9 days

Slippage unknown: gTrade (Gains Network): no order-book sample; BloFin: live order book, 4 min ago. Net counts fees only.

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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell BloFin live order book, 4 min ago	2.42 bp	11.2 bp −$11	16.2 bp −$162	28.8 bp −$2,877	63.5 bp −$31.7K

gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Variational Omni LTC	−0.0073%	8h	61.820	−0.037%	$3.6M	$4.0M	—	as long as short
Polymarket Perps LTC-USD	−0.0073%	1h	61.786	−0.091%	$81K	$374K	10x	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0036% / S +0.0264%	1h	61.822	−0.032%	$128K	—	200x	as long as short
Backpack LTC_USDC_PERP	−0.0019%	1h	61.817	−0.041%	$159K	$265K	10x	as long as short
Gate LTC_USDT	−0.0004%	8h	61.830	−0.020%	$12.8M	$20.9M	75x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.872	+0.048%	$331K	$4.1M	4x	as long as short
gTrade (Gains Network) LTC/USDlong	L +0.0002% / S −0.0003%	1h	61.843	long leg	$31K	—	150x
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.033%	$5K	$22K	12x	as long as short
Kraken Futures PF_LTCUSD	+0.0087%	1h	61.870	+0.045%	$6.8M	$5.7M	50x	as long as short
Lighter LTC	+0.0096%	1h	61.908	+0.106%	$1.3M	$1.2M	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_LTC_USDC	+0.0099%	8h	61.850	+0.012%	$12K	$212K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	61.823	−0.031%	$16K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	61.810	−0.053%	$254K	$329K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	61.884	+0.067%	$38.0M	$23.1M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	61.855	+0.020%	$2.6M	$2.2M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.831	−0.019%	$541K	$84K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.830	−0.020%	$95.7M	$222.1M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	61.810	−0.053%	$78.2M	$59.6M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.810	−0.053%	$27.5M	$74.8M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.820	−0.036%	$60.2M	$34.2M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.830	−0.020%	$18.7M	$12.2M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.820	−0.036%	$32.1M	$21.8M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	61.830	−0.020%	—	$6.5M	—	as long as short
edgeX LTCUSDC	+0.0100%	4h	61.860	+0.029%	$42K	$347K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.857	+0.024%	$347K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.920	+0.125%	$103K	$712K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.890	+0.077%	$18K	$4.2M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.830	−0.020%	$637	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	61.830	−0.020%	$1.9M	$4.8M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.850	+0.012%	$22.2M	$9.1M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	61.806	−0.060%	$691K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.839	−0.005%	$472K	$499	3x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0219%	1h	61.870	+0.044%	$692K	$1.0M	50x	as long as short
BloFin LTC-USDTshort	+0.0220%	8h	61.860	+0.028%	$4.8M	$11.7M	50x
Reya LTCRUSDPERP	+0.0334%	1h	61.806	−0.058%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0760%	1h	62.000	+0.255%	$1.2M	$2.2M	50x	as long as short
dYdX LTC-USD	+0.0790%	1h	61.842	−0.001%	$435K	$8K	10x	as long as short