Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: ApeX Omni against Phemex+0.181%77s7-day average −0.020% · you sell dearer than you buy

Net, funding: paid 7d − costs−$56as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$560.562% of the position

Long on Phemex Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.001%$0 on $10k

Price spread, last 4 days (all we have)−0.288%−$29 · spread now +0.181%, 7d avg −0.020%

Together, before fees−0.289%−$29 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.201% dearer against Phemex than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of −0.020%. The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex LTCUSDT	60.760	0.0100	pay 0.0100% / 8h	59m 51s	$21.4M	$9.0M	50x
Short	ApeX Omni LTCUSDT	60.870	0.0100	get 0.0013% / 1h	59m 51s	$107K	$712K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Phemex. 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 PhemexbpFee ApeX OmnibpOrdersPrice spread, now +0.181%Rate

Funding earned: $0
Price spread: +0.181% → −0.020%: $20.09
Slippage, 4 orders: −$34.18
Fee Phemex: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$36.08
Costs to cover: 0.562%
Break-even: never at this rate

Slippage from Phemex: live order book, 4 min ago; ApeX Omni: live order book, 44 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 Phemex live order book, 4 min ago	1.64 bp	10.4 bp −$10	20.1 bp −$201	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 44 min ago	9.86 bp	17.8 bp −$18	99.2 bp −$992	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 −0.0036% / S +0.0167%	1h	60.768	+0.012%	$75K	—	200x	as long as short
Polymarket Perps LTC-USD	−0.0016%	1h	60.736	−0.039%	$82K	$740K	10x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.769	+0.015%	$334K	$4.4M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0002%	1h	60.764	+0.007%	$25K	—	150x	as long as short
Variational Omni LTC	+0.0029%	8h	60.714	−0.075%	$3.6M	$2.7M	—	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0030%	1h	60.786	+0.043%	$687K	$1.1M	50x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.341%	$5K	$22K	12x	as long as short
Lighter LTC	+0.0096%	1h	60.712	−0.079%	$929K	$1.7M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.740	−0.033%	$13K	$117K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.730	−0.049%	$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	60.722	−0.062%	$265K	$340K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	60.782	+0.036%	$38.3M	$26.6M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.742	−0.029%	$2.5M	$2.6M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.745	−0.025%	$531K	$82K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.680	−0.131%	$89.2M	$234.9M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.670	−0.148%	$76.9M	$61.7M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.680	−0.132%	$26.9M	$76.5M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.710	−0.082%	$13.8M	$22.3M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.720	−0.066%	$56.9M	$36.3M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.740	−0.033%	$18.3M	$13.4M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.740	−0.033%	$31.2M	$22.9M	75x	as long as short
BingX LTC-USDT	+0.0100%	8h	60.710	−0.082%	—	$18.7M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.758	−0.003%	$140K	$274K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.773	+0.022%	$41K	$376K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.790	+0.049%	$337K	$2.0M	10x	as long as short
ApeX Omni LTCUSDTshort	+0.0100%	1h	60.870	+0.181%	$107K	$712K	50x
SunX LTC-USDT	+0.0100%	8h	60.820	+0.099%	$17K	$3.8M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.740	−0.033%	$163	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.700	−0.099%	$1.9M	$5.1M	75x	as long as short
Phemex LTCUSDTlong	+0.0100%	8h	60.760	long leg	$21.4M	$9.0M	50x
Extended LTC-USD	+0.0104%	1h	60.698	−0.102%	$684K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.740	−0.033%	$464K	—	3x	as long as short
Kraken Futures PF_LTCUSD	+0.0131%	1h	60.757	−0.004%	$6.6M	$6.6M	50x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.720	−0.066%	$4.2M	$12.5M	50x	as long as short
dYdX LTC-USD	+0.0304%	1h	60.758	−0.004%	$427K	$7K	10x	as long as short
Reya LTCRUSDPERP	+0.0338%	1h	60.726	−0.057%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0712%	1h	60.960	+0.329%	$1.1M	$2.5M	50x	as long as short