Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0052%/8h= −5.6% APRpaid last 24h +0.008%

Price spread now: Kraken Futures against Gate+0.052%7-day average +0.031% · you sell dearer than you buy

Net, funding: paid 7d − costs−$52as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$600.602% of the position

Long on Gate Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.081%+$8 on $10k

Price spread, last 3 days (all we have)−0.023%−$2 · spread now +0.052%, 7d avg +0.031%

Together, before fees+0.059%+$6 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Kraken Futures is 0.021% dearer against Gate than usual: you sell high and buy low (spread +0.052% now, against its 7-day average of +0.031%): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 33 hours. Mind the row above: over the last 7 days funding on this pair paid +0.081%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate LTC_USDT	61.510	0.0100	pay 0.0100% / 8h	6h 46m	$12.9M	$20.4M	75x
Short	Kraken Futures PF_LTCUSD	61.542	0.0048	get 0.0006% / 1h	46m 12s	$6.8M	$5.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Gate. 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 GatebpFee Kraken FuturesbpOrdersPrice spread, now +0.052%Rate

Funding earned: −$10.82
Price spread: +0.052% → +0.031%: $2.09
Slippage, 4 orders: −$35.15
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$68.88
Costs to cover: 0.602%
Break-even: never at this rate

Slippage from Gate: live order book, 3 min ago; Kraken Futures: live order book, 3 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 Gate live order book, 3 min ago	1.62 bp	16.8 bp −$17	22.9 bp −$229	56.2 bp −$5,621	78.2 bp −$39.1K
Sell Kraken Futures live order book, 3 min ago	4.86 bp	11.3 bp −$11	15.7 bp −$157	74.2 bp −$7,423	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
Polymarket Perps LTC-USD	−0.0298%	1h	61.471	−0.063%	$80K	$382K	10x	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0207% / S +0.0351%	1h	61.523	+0.021%	$112K	—	200x	as long as short
Variational Omni LTC	−0.0039%	8h	61.485	−0.040%	$3.6M	$2.6M	—	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.533	+0.037%	$294K	$4.2M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0005%	1h	61.525	+0.024%	$20K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−4.520%	$5K	$22K	12x	as long as short
Kraken Futures PF_LTCUSDshort	+0.0048%	1h	61.542	+0.052%	$6.8M	$5.8M	50x
Deribit LTC_USDC-PERPETUAL	+0.0059%	1h	61.555	+0.073%	$706K	$1.1M	50x	as long as short
Lighter LTC	+0.0096%	1h	61.598	+0.143%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0100%	8h	61.530	+0.033%	$13K	$217K	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	61.545	+0.057%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	61.525	+0.024%	$262K	$311K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	61.566	+0.091%	$37.6M	$23.9M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	61.590	+0.130%	$2.6M	$2.3M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.546	+0.058%	$538K	$86K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.520	+0.016%	$93.9M	$222.1M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	61.500	−0.016%	$78.2M	$58.0M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.520	+0.016%	$27.3M	$74.9M	50x	as long as short
Gate LTC_USDTlong	+0.0100%	8h	61.510	long leg	$12.9M	$20.4M	75x
MEXC LTC_USDT	+0.0100%	8h	61.520	+0.016%	$60.9M	$34.2M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.540	+0.049%	$18.6M	$12.9M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.480	−0.049%	$31.7M	$21.3M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	61.520	+0.016%	—	$38.0M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	61.492	−0.029%	$157K	$280K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	61.613	+0.167%	$42K	$358K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.610	+0.162%	$344K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.640	+0.211%	$104K	$714K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.630	+0.195%	$17K	$4.0M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.520	+0.016%	$634	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	61.480	−0.049%	$2.0M	$4.9M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.530	+0.033%	$21.9M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	61.489	−0.034%	$683K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.521	+0.019%	$470K	—	3x	as long as short
dYdX LTC-USD	+0.0118%	1h	61.540	+0.049%	$433K	$8K	10x	as long as short
BloFin LTC-USDT	+0.0220%	8h	61.620	+0.179%	$4.8M	$12.3M	50x	as long as short
Reya LTCRUSDPERP	+0.0335%	1h	61.496	−0.023%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0808%	1h	61.760	+0.406%	$1.2M	$2.2M	50x	as long as short