Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0084%/8h= +9.2% APRpaid last 24h +0.011%

Price spread now: Kraken Futures against Orderly+0.087%7-day average +0.036% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Orderly Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.138%+$14 on $10k

Price spread, last 4 days (all we have)−0.066%−$7 · spread now +0.087%, 7d avg +0.036%

Together, before fees+0.072%+$7 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Kraken Futures is 0.051% dearer against Orderly than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.036%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_LTC_USDC	60.650	0.0099	pay 0.0099% / 8h	16m 04s	$13K	$106K	20x
Short	Kraken Futures PF_LTCUSD	60.703	0.0183	get 0.0023% / 1h	16m 04s	$6.6M	$6.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Orderly. 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 OrderlybpFee Kraken FuturesbpOrdersPrice spread, now +0.087%Rate

Funding earned: $17.63
Price spread: +0.087% → +0.036%: $5.06
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $6.69
Costs to cover: 0.160%
Break-even: 4.3 days

Slippage unknown: Orderly: no order-book sample; Kraken Futures: live order book, 3 min ago. Net counts fees only.

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 Orderly no order-book sample	—	—	—	—	—
Sell Kraken Futures live order book, 3 min ago	0.82 bp	15.3 bp −$15	19.5 bp −$195	75.0 bp −$7,500	doesn't fit

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0077%	1h	60.668	+0.030%	$82K	$732K	10x	as long as short
GMX LTC/USD [ETH-USDC]	L −0.0028% / S +0.0157%	1h	60.685	+0.058%	$76K	—	200x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.721	+0.117%	$332K	$4.3M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0002%	1h	60.695	+0.075%	$25K	—	150x	as long as short
Variational Omni LTC	+0.0011%	8h	60.534	−0.191%	$3.5M	$2.7M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.166%	$5K	$22K	12x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0063%	1h	60.723	+0.120%	$686K	$1.1M	50x	as long as short
Lighter LTC	+0.0096%	1h	60.713	+0.104%	$929K	$1.7M	10x	as long as short
Orderly PERP_LTC_USDClong	+0.0099%	8h	60.650	long leg	$13K	$106K	20x
Paradex LTC-USD-PERP	+0.0100%	8h	60.690	+0.065%	$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	60.690	+0.066%	$263K	$343K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	60.728	+0.129%	$38.2M	$26.4M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.736	+0.142%	$2.5M	$2.6M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.706	+0.092%	$531K	$82K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.679	+0.048%	$89.1M	$234.9M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.660	+0.016%	$76.9M	$61.4M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.660	+0.016%	$26.8M	$76.6M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.680	+0.049%	$14.1M	$22.2M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.700	+0.082%	$56.4M	$36.4M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.690	+0.066%	$18.0M	$13.5M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.670	+0.033%	$31.2M	$22.8M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	60.690	+0.066%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.675	+0.041%	$143K	$273K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.686	+0.060%	$41K	$377K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.739	+0.146%	$337K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.730	+0.132%	$107K	$713K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	60.770	+0.198%	$17K	$3.8M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.680	+0.049%	$163	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.680	+0.049%	$2.0M	$5.1M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.700	+0.082%	$21.4M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.656	+0.009%	$680K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.669	+0.031%	$463K	—	3x	as long as short
Kraken Futures PF_LTCUSDshort	+0.0183%	1h	60.703	+0.087%	$6.6M	$6.6M	50x
dYdX LTC-USD	+0.0202%	1h	60.690	+0.066%	$427K	$6K	10x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.680	+0.049%	$4.2M	$12.5M	50x	as long as short
Reya LTCRUSDPERP	+0.0338%	1h	60.651	+0.002%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0680%	1h	60.820	+0.280%	$1.1M	$2.5M	50x	as long as short