Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0031%/8h= +3.4% APRpaid last 24h +0.008%

Price spread now: Kraken Futures against MEXC+0.030%7-day average +0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs−$21as in the Funding arb table

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$300.302% of the position

Long on MEXC Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.092%+$9 on $10k

Price spread, last 4 days (all we have)−0.008%−$1 · spread now +0.030%, 7d avg +0.014%

Together, before fees+0.084%+$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.014%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC LTC_USDT	60.970	0.0100	pay 0.0100% / 8h	1h 18m	$57.0M	$36.2M	200x
Short	Kraken Futures PF_LTCUSD	60.988	0.0131	get 0.0016% / 1h	18m 46s	$6.6M	$6.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against MEXC. 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 MEXCbpFee Kraken FuturesbpOrdersPrice spread, now +0.030%Rate

Funding earned: $6.51
Price spread: +0.030% → +0.014%: $1.62
Slippage, 4 orders: −$20.24
Fee MEXC: 0 bp × 2 orders: $0
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$22.12
Costs to cover: 0.302%
Break-even: 30.8 days

Slippage from MEXC: live order book, 5 min ago; Kraken Futures: live order book, 5 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 MEXC live order book, 5 min ago	2.46 bp	3.2 bp −$3	8.1 bp −$81	24.6 bp −$2,458	63.2 bp −$31.6K
Sell Kraken Futures live order book, 5 min ago	4.10 bp	10.4 bp −$10	13.9 bp −$139	64.2 bp −$6,416	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 −0.0039% / S +0.0171%	1h	61.001	+0.051%	$76K	—	200x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.034	+0.105%	$340K	$4.4M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0002%	1h	60.976	+0.010%	$25K	—	150x	as long as short
Polymarket Perps LTC-USD	+0.0011%	1h	60.967	−0.005%	$82K	$740K	10x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0012%	1h	61.009	+0.064%	$689K	$1.1M	50x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.674%	$5K	$22K	12x	as long as short
Variational Omni LTC	+0.0035%	8h	60.934	−0.058%	$3.5M	$2.6M	—	as long as short
Lighter LTC	+0.0096%	1h	61.035	+0.107%	$935K	$1.7M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.970	0.000%	$13K	$119K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.988	+0.029%	$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	60.990	+0.033%	$266K	$340K	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	61.005	+0.057%	$2.5M	$2.6M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.010	+0.066%	$533K	$82K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.990	+0.033%	$89.6M	$235.1M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.980	+0.016%	$77.3M	$61.8M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.000	+0.049%	$27.0M	$76.9M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.970	0.000%	$13.7M	$22.2M	75x	as long as short
MEXC LTC_USDTlong	+0.0100%	8h	60.970	long leg	$57.0M	$36.2M	200x
KuCoin LTCUSDTM	+0.0100%	8h	60.990	+0.033%	$18.3M	$13.4M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.010	+0.066%	$31.4M	$22.9M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	60.990	+0.033%	—	$18.6M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.983	+0.021%	$142K	$271K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.907	−0.103%	$41K	$375K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.908	−0.101%	$338K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.970	0.000%	$107K	$712K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.040	+0.115%	$18K	$3.8M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.970	0.000%	$163	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.950	−0.033%	$2.0M	$5.1M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.990	+0.033%	$21.5M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.960	−0.016%	$684K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.972	+0.003%	$466K	—	3x	as long as short
Kraken Futures PF_LTCUSDshort	+0.0131%	1h	60.988	+0.030%	$6.6M	$6.6M	50x
BloFin LTC-USDT	+0.0220%	8h	60.980	+0.016%	$4.2M	$12.6M	50x	as long as short
dYdX LTC-USD	+0.0268%	1h	61.028	+0.095%	$429K	$7K	10x	as long as short
Hyperliquid LTC	+0.0325%	1h	61.079	+0.179%	$38.4M	$26.5M	10x	as long as short
Reya LTCRUSDPERP	+0.0338%	1h	60.966	−0.007%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0712%	1h	60.890	−0.131%	$1.1M	$2.5M	50x	as long as short