Funding arb · Price arb /

LTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0088%/8h= +9.7% APRpaid last 24h −0.009%

Price spread now: edgeX against Kraken Futures−0.058%7-day average −0.036% · you buy dearer than you sell

Net, funding: paid 7d − costs−$51as in the Funding arb table

Net, price: spread back to 7d avg − costs−$49as in the Price arb table

costs, in and out, $10k−$470.466% of the position

Long on Kraken Futures Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.042%−$4 on $10k

Price spread, last 4 days (all we have)+0.046%+$5 · spread now −0.058%, 7d avg −0.036%

Together, before fees+0.004%+ Points / potential airdropedgeX: Active · farm board$0 on $10k · with fees, hour by hour

Funding pays, the price is against you. edgeX is 0.021% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.058% now, against its 7-day average of −0.036%). If the spread goes back, that is −$2 on $10k: about 19 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_LTCUSD	60.839	0.0012	pay 0.0001% / 1h	49m 15s	$6.7M	$6.5M	50x
Short	edgeX LTCUSDC	60.804	0.0100	get 0.0050% / 4h	2h 49m	$41K	$375K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Kraken Futures. 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 Kraken FuturesbpFee edgeXbpOrdersPrice spread, now −0.058%Rate

Funding earned: $18.57
Price spread: −0.058% → −0.036%: −$2.15
Slippage, 4 orders: −$27.55
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$30.13
Costs to cover: 0.466%
Break-even: 18.4 days

Slippage from Kraken Futures: live order book, 5 min ago; edgeX: live order book, 64 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 Kraken Futures live order book, 5 min ago	4.11 bp	11.5 bp −$11	17.3 bp −$173	79.0 bp −$7,900	doesn't fit
Sell edgeX live order book, 64 min ago	6.53 bp	11.3 bp −$11	17.9 bp −$179	doesn't fit	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
GMX LTC/USD [ETH-USDC]	L −0.0229% / S +0.0381%	1h	60.837	−0.003%	$96K	—	200x	as long as short
Polymarket Perps LTC-USD	−0.0191%	1h	60.801	−0.062%	$84K	$625K	10x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.854	+0.025%	$337K	$4.3M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	60.865	+0.043%	$688K	$1.1M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	60.844	+0.009%	$30K	—	150x	as long as short
Kraken Futures PF_LTCUSDlong	+0.0012%	1h	60.839	long leg	$6.7M	$6.5M	50x
Variational Omni LTC	+0.0027%	8h	60.884	+0.075%	$3.6M	$2.6M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.466%	$5K	$22K	12x	as long as short
Lighter LTC	+0.0096%	1h	60.845	+0.010%	$935K	$1.7M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.840	+0.002%	$13K	$140K	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	60.856	+0.029%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	60.820	−0.031%	$265K	$333K	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.836	−0.005%	$2.6M	$2.5M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.848	+0.016%	$532K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.813	−0.043%	$89.4M	$232.7M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.800	−0.064%	$77.0M	$61.7M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.810	−0.048%	$26.8M	$76.3M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.810	−0.048%	$13.0M	$22.0M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.820	−0.031%	$57.8M	$35.4M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.850	+0.018%	$18.0M	$13.1M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.840	+0.002%	$31.2M	$22.9M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	60.800	−0.064%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.810	−0.048%	$143K	$271K	10x	as long as short
edgeX LTCUSDCshort	+0.0100%	4h	60.804	−0.058%	$41K	$375K	20x
GRVT LTC_USDT_Perp	+0.0100%	8h	60.901	+0.103%	$337K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.890	+0.084%	$107K	$716K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	60.920	+0.133%	$17K	$3.9M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.820	−0.031%	$163	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.810	−0.048%	$2.0M	$5.0M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.830	−0.015%	$21.5M	$8.9M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.803	−0.058%	$675K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.830	−0.015%	$464K	—	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.840	+0.002%	$4.7M	$12.4M	50x	as long as short
Hyperliquid LTC	+0.0292%	1h	60.881	+0.069%	$38.1M	$26.1M	10x	as long as short
Reya LTCRUSDPERP	+0.0337%	1h	60.821	−0.030%	$8K	—	25x	as long as short
dYdX LTC-USD	+0.0352%	1h	60.837	−0.003%	$428K	$7K	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0728%	1h	61.060	+0.363%	$1.1M	$2.5M	50x	as long as short