Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0131%/8h= +14.3% APRpaid last 24h +0.007%

Price spread now: Kraken Futures against KuCoin+0.023%7-day average +0.009% · you sell dearer than you buy

Net, funding: paid 7d − costs−$57as in the Funding arb table

Net, price: spread back to 7d avg − costs−$60as in the Price arb table

costs, in and out, $10k−$610.612% of the position

Long on KuCoin Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.043%+$4 on $10k

Price spread, last 4 days (all we have)−0.047%−$5 · spread now +0.023%, 7d avg +0.009%

Together, before fees−0.003%$0 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.009%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin LTCUSDTM	60.870	0.0100	pay 0.0100% / 8h	3h 16m	$18.2M	$13.1M	75x
Short	Kraken Futures PF_LTCUSD	60.884	0.0231	get 0.0029% / 1h	16m 22s	$6.7M	$6.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against KuCoin. 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 KuCoinbpFee Kraken FuturesbpOrdersPrice spread, now +0.023%Rate

Funding earned: $27.43
Price spread: +0.023% → +0.009%: $1.4
Slippage, 4 orders: −$39.19
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$32.37
Costs to cover: 0.612%
Break-even: 15.3 days

Slippage from KuCoin: live order book, 2 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 KuCoin live order book, 2 min ago	1.64 bp	17.9 bp −$18	35.5 bp −$355	141.8 bp −$14.2K	doesn't fit
Sell Kraken Futures live order book, 3 min ago	3.29 bp	12.9 bp −$13	18.3 bp −$183	73.0 bp −$7,300	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 −0.0254% / S +0.0399%	1h	60.860	−0.016%	$102K	—	200x	as long as short
Polymarket Perps LTC-USD	−0.0232%	1h	60.844	−0.043%	$93K	$612K	10x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.975	+0.172%	$347K	$4.3M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	60.864	−0.010%	$30K	—	150x	as long as short
Variational Omni LTC	+0.0025%	8h	60.844	−0.042%	$3.6M	$2.6M	—	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0029%	1h	60.888	+0.030%	$688K	$1.1M	50x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.516%	$5K	$22K	12x	as long as short
Lighter LTC	+0.0096%	1h	60.905	+0.057%	$938K	$1.6M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.860	−0.016%	$13K	$143K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.878	+0.014%	$14K	$10K	20x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado LTC-PERP	+0.0100%	1h	60.860	−0.016%	$266K	$329K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	60.940	+0.115%	$37.2M	$25.3M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.885	+0.024%	$2.6M	$2.5M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.883	+0.022%	$532K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.860	−0.016%	$89.7M	$232.3M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.850	−0.033%	$77.3M	$61.7M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.850	−0.033%	$26.8M	$76.3M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.850	−0.033%	$12.9M	$21.9M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.870	0.000%	$58.0M	$35.5M	200x	as long as short
KuCoin LTCUSDTMlong	+0.0100%	8h	60.870	long leg	$18.2M	$13.1M	75x
Bitget LTCUSDT	+0.0100%	8h	60.850	−0.033%	$31.3M	$22.9M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	60.860	−0.016%	—	$38.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.881	+0.018%	$146K	$276K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.821	−0.081%	$41K	$375K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.850	−0.033%	$344K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.860	−0.016%	$107K	$715K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	60.930	+0.099%	$17K	$3.9M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.920	+0.082%	$163	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.860	−0.016%	$2.0M	$5.0M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.910	+0.066%	$21.5M	$8.9M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.833	−0.061%	$675K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.860	−0.016%	$465K	—	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.940	+0.115%	$4.7M	$12.3M	50x	as long as short
dYdX LTC-USD	+0.0222%	1h	60.888	+0.029%	$428K	$7K	10x	as long as short
Kraken Futures PF_LTCUSDshort	+0.0231%	1h	60.884	+0.023%	$6.7M	$6.4M	50x
Reya LTCRUSDPERP	+0.0337%	1h	60.851	−0.032%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0792%	1h	60.930	+0.099%	$1.1M	$2.4M	50x	as long as short