Funding arb · Price arb /

LTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0091%/8h= +9.9% APRpaid last 24h +0.008%

Price spread now: Bybit against gTrade (Gains Network)−0.116%7-day average — · you buy dearer than you sell

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

Long on gTrade (Gains Network)Short on Bybit

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

Funding pays, the price is against you. Bybit is 0.116% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.116% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 4.3 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) LTC/USD	62.102	L +0.0002% / S −0.0003%	pay 0.0000% / 1h	7m 01s	$31K	—	150x
Short	Bybit LTCUSDT	62.030	0.0092	get 0.0092% / 8h	2h 07m	$78.6M	$59.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.116%Rate

Funding earned: $19.02
Price spread: −0.116% → 0.000%: −$11.58
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$13.56
Costs to cover: 0.210%
Break-even: 12.0 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Bybit: live order book, 2 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 Bybit live order book, 2 min ago	0.81 bp	9.4 bp −$9	15.7 bp −$157	53.1 bp −$5,308	doesn't fit

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
Polymarket Perps LTC-USD	−0.0318%	1h	62.036	−0.106%	$79K	$371K	10x	as long as short
Variational Omni LTC	−0.0080%	8h	62.174	+0.116%	$3.6M	$4.0M	—	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0032% / S +0.0261%	1h	62.099	−0.004%	$128K	—	200x	as long as short
Gate LTC_USDT	−0.0021%	8h	62.070	−0.051%	$12.8M	$20.9M	75x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	62.118	+0.026%	$330K	$4.0M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	62.129	+0.044%	$695K	$1.0M	50x	as long as short
gTrade (Gains Network) LTC/USDlong	L +0.0002% / S −0.0003%	1h	62.102	long leg	$31K	—	150x
Backpack LTC_USDC_PERP	+0.0018%	1h	62.069	−0.053%	$159K	$268K	10x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−5.430%	$5K	$22K	12x	as long as short
Bybit LTCUSDTshort	+0.0092%	8h	62.030	−0.116%	$78.6M	$59.6M	75x

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter LTC	+0.0096%	1h	62.166	+0.103%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	62.110	+0.013%	$12K	$212K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	62.096	−0.009%	$16K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	62.070	−0.051%	$254K	$330K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	62.152	+0.081%	$38.2M	$23.1M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	62.139	+0.059%	$2.6M	$2.2M	75x	as long as short
Pacifica LTC	+0.0100%	1h	62.106	+0.006%	$543K	$84K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	62.060	−0.067%	$96.1M	$221.5M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	62.050	−0.084%	$27.6M	$74.9M	50x	as long as short
MEXC LTC_USDT	+0.0100%	8h	62.060	−0.067%	$60.7M	$35.6M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	62.050	−0.084%	$18.7M	$12.1M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	62.040	−0.100%	$32.2M	$21.8M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	62.050	−0.084%	—	$6.5M	—	as long as short
edgeX LTCUSDC	+0.0100%	4h	62.192	+0.145%	$42K	$346K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	62.156	+0.088%	$349K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	62.220	+0.190%	$104K	$711K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	62.180	+0.126%	$17K	$4.2M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	62.080	−0.035%	$639	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	62.090	−0.019%	$1.9M	$4.9M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	62.120	+0.029%	$22.2M	$9.1M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	62.025	−0.124%	$694K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	62.100	−0.003%	$474K	$499	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	62.090	−0.019%	$4.9M	$11.8M	50x	as long as short
Kraken Futures PF_LTCUSD	+0.0227%	1h	62.126	+0.038%	$6.8M	$5.8M	50x	as long as short
Reya LTCRUSDPERP	+0.0334%	1h	62.077	−0.040%	$8K	—	25x	as long as short
dYdX LTC-USD	+0.0571%	1h	62.114	+0.019%	$437K	$8K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0712%	1h	62.510	+0.657%	$1.2M	$2.1M	50x	as long as short