Funding arb · Price arb /

LTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.002%

Price spread now: Lighter against HTX+0.080%7-day average +0.079% · you sell dearer than you buy

Net, funding: paid 7d − costs−$43as in the Funding arb table

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$380.377% of the position

Long on HTX Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days−0.048%−$5 on $10k

Price spread, last 3 days (all we have)−0.026%−$3 · spread now +0.080%, 7d avg +0.079%

Together, before fees−0.074%+ Points / potential airdropLighter: Season 3 · farm board−$7 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX LTC-USDT	61.400	0.0100	pay 0.0100% / 8h	6h 20m	$1.9M	$4.8M	75x
Short	Lighter LTC	61.449	0.0096	get 0.0012% / 1h	20m 25s	$1.3M	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against HTX. 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 HTXbpFee LighterbpOrdersPrice spread, now +0.080%Rate

Funding earned: −$0.84
Price spread: +0.080% → +0.079%: $0.13
Slippage, 4 orders: −$25.7
Fee HTX: 6 bp × 2 orders: −$12
Fee Lighter: 0 bp × 2 orders: $0
Net: −$38.41
Costs to cover: 0.377%
Break-even: never at this rate

Slippage from HTX: live order book, 4 min ago; Lighter: live order book, 1 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 HTX live order book, 4 min ago	4.07 bp	10.6 bp −$11	17.6 bp −$176	51.9 bp −$5,190	doesn't fit
Sell Lighter live order book, 1 min ago	3.66 bp	8.6 bp −$9	15.5 bp −$155	119.2 bp −$11.9K	doesn't fit

LTC on 36 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 −0.0227% / S +0.0362%	1h	61.460	+0.098%	$112K	—	200x	as long as short
Polymarket Perps LTC-USD	−0.0222%	1h	61.322	−0.127%	$79K	$382K	10x	as long as short
Variational Omni LTC	−0.0031%	8h	61.444	+0.071%	$3.6M	$2.6M	—	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.482	+0.134%	$289K	$4.2M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	61.477	+0.125%	$701K	$1.1M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0005%	1h	61.464	+0.104%	$20K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−4.349%	$5K	$22K	12x	as long as short
Kraken Futures PF_LTCUSD	+0.0049%	1h	61.477	+0.126%	$6.8M	$5.8M	50x	as long as short
Lighter LTCshort	+0.0096%	1h	61.449	+0.080%	$1.3M	$1.2M	10x
Orderly PERP_LTC_USDC	+0.0100%	8h	61.460	+0.098%	$13K	$210K	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex LTC-USD-PERP	+0.0100%	8h	61.375	−0.041%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	61.390	−0.016%	$273K	$312K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	61.410	+0.016%	$37.2M	$23.9M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	61.420	+0.033%	$2.6M	$2.3M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.400	0.000%	$537K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.377	−0.038%	$93.5M	$219.4M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	61.360	−0.065%	$78.1M	$57.6M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.360	−0.065%	$27.1M	$74.1M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	61.360	−0.065%	$12.8M	$20.7M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.370	−0.049%	$59.7M	$34.6M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.420	+0.033%	$18.5M	$13.0M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.360	−0.065%	$31.5M	$21.3M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	61.370	−0.049%	—	$37.8M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	61.416	+0.026%	$156K	$272K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	61.497	+0.158%	$42K	$373K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.483	+0.135%	$340K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.510	+0.179%	$114K	$716K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.580	+0.293%	$18K	$3.9M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.450	+0.081%	$165	$5K	10x	as long as short
HTX LTC-USDTlong	+0.0100%	8h	61.400	long leg	$1.9M	$4.8M	75x
Phemex LTCUSDT	+0.0100%	8h	61.440	+0.065%	$21.9M	$8.9M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	61.354	−0.075%	$683K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.449	+0.079%	$469K	—	3x	as long as short
dYdX LTC-USD	+0.0268%	1h	61.408	+0.013%	$432K	$8K	10x	as long as short
Reya LTCRUSDPERP	+0.0336%	1h	61.355	−0.073%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0808%	1h	61.610	+0.342%	$1.2M	$2.2M	50x	as long as short