Funding arb · Price arb /

LTC

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Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: Gate against Kraken Futures−0.083%7-day average −0.031% · you buy dearer than you sell

Net, funding: paid 7d − costs−$68as in the Funding arb table

Net, price: spread back to 7d avg − costs−$65as in the Price arb table

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

Long on Kraken Futures Short on Gate

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)+0.054%+$5 · spread now −0.083%, 7d avg −0.031%

Together, before fees−0.027%−$3 on $10k · with fees, hour by hour

Funding pays, the price is against you. Gate is 0.052% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.083% now, against its 7-day average of −0.031%). If the spread goes back, that is −$5 on $10k: about 3.4 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.081%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_LTCUSD	61.631	0.0048	pay 0.0006% / 1h	47m 35s	$6.8M	$5.8M	50x
Short	Gate LTC_USDT	61.580	0.0100	get 0.0100% / 8h	6h 47m	$12.9M	$20.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.083%Rate

Funding earned: $10.83
Price spread: −0.083% → −0.031%: −$5.23
Slippage, 4 orders: −$35.15
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$54.55
Costs to cover: 0.602%
Break-even: 42.3 days

Slippage from Kraken Futures: live order book, 1 min ago; Gate: 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 Kraken Futures live order book, 1 min ago	4.86 bp	14.6 bp −$15	21.0 bp −$210	71.5 bp −$7,145	doesn't fit
Sell Gate live order book, 1 min ago	1.62 bp	17.5 bp −$18	25.1 bp −$251	38.5 bp −$3,853	56.7 bp −$28.3K

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	−0.0292%	1h	61.551	−0.130%	$80K	$382K	10x	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0205% / S +0.0350%	1h	61.561	−0.115%	$112K	—	200x	as long as short
Variational Omni LTC	−0.0042%	8h	61.435	−0.318%	$3.6M	$2.6M	—	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.645	+0.022%	$294K	$4.3M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	61.619	−0.020%	$706K	$1.1M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0005%	1h	61.555	−0.124%	$20K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−4.707%	$5K	$22K	12x	as long as short
Kraken Futures PF_LTCUSDlong	+0.0048%	1h	61.631	long leg	$6.8M	$5.8M	50x
Lighter LTC	+0.0096%	1h	61.653	+0.035%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0100%	8h	61.590	−0.067%	$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	61.593	−0.062%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	61.605	−0.042%	$263K	$311K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	61.634	+0.005%	$37.7M	$23.9M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	61.667	+0.059%	$2.6M	$2.3M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.583	−0.078%	$538K	$86K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.550	−0.132%	$93.9M	$222.3M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	61.520	−0.180%	$78.2M	$58.0M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.530	−0.164%	$27.3M	$74.9M	50x	as long as short
Gate LTC_USDTshort	+0.0100%	8h	61.580	−0.083%	$12.9M	$20.4M	75x
MEXC LTC_USDT	+0.0100%	8h	61.580	−0.083%	$61.0M	$34.2M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.600	−0.051%	$18.6M	$12.9M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.560	−0.115%	$31.7M	$21.3M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	61.580	−0.083%	—	$38.0M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	61.586	−0.073%	$157K	$280K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	61.613	−0.029%	$42K	$358K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.610	−0.035%	$344K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.640	+0.014%	$104K	$714K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.670	+0.063%	$17K	$4.0M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.600	−0.051%	$634	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	61.490	−0.229%	$2.0M	$4.9M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.610	−0.034%	$22.0M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	61.554	−0.125%	$683K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.595	−0.059%	$470K	—	3x	as long as short
dYdX LTC-USD	+0.0107%	1h	61.588	−0.071%	$433K	$8K	10x	as long as short
BloFin LTC-USDT	+0.0220%	8h	61.620	−0.018%	$4.8M	$12.3M	50x	as long as short
Reya LTCRUSDPERP	+0.0335%	1h	61.521	−0.179%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0808%	1h	61.760	+0.209%	$1.2M	$2.2M	50x	as long as short