Funding arb · Price arb /

LTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0001%/8h= −0.1% APRpaid last 24h +0.101%

Price spread now: Orderly against Polymarket Perps−0.128%7-day average +0.038% · you buy dearer than you sell

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

Long on Polymarket Perps Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days+0.191%+$19 on $10k

Price spread, last 4 days (all we have)+0.151%+$15 · spread now −0.128%, 7d avg +0.038%

Together, before fees+0.341%+$34 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: Orderly is 0.166% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of +0.038%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps LTC-USD	61.098	0.0100	pay 0.0013% / 1h	57m 55s	$82K	$740K	10x
Short	Orderly PERP_LTC_USDC	61.020	0.0099	get 0.0099% / 8h	1h 57m	$13K	$132K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Polymarket Perps. 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 Polymarket PerpsbpFee OrderlybpOrdersPrice spread, now −0.128%Rate

Funding earned: −$0.11
Price spread: −0.128% → +0.038%: −$16.56
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$30.66
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Polymarket Perps: live order book, 50 min ago; Orderly: no order-book sample. 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 Polymarket Perps live order book, 50 min ago	3.54 bp	7.5 bp −$8	7.6 bp −$76	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

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
GMX LTC/USD [ETH-USDC]	L −0.0045% / S +0.0180%	1h	61.059	−0.064%	$76K	—	200x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.101	+0.005%	$340K	$4.3M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	61.068	−0.049%	$690K	$1.1M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0002%	1h	61.050	−0.079%	$25K	—	150x	as long as short
Variational Omni LTC	+0.0033%	8h	61.004	−0.154%	$3.6M	$2.7M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.876%	$5K	$22K	12x	as long as short
Lighter LTC	+0.0096%	1h	61.069	−0.047%	$939K	$1.6M	10x	as long as short
Orderly PERP_LTC_USDCshort	+0.0099%	8h	61.020	−0.128%	$13K	$132K	20x
Paradex LTC-USD-PERP	+0.0100%	8h	61.110	+0.020%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	61.130	+0.052%	$266K	$335K	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster LTCUSDT	+0.0100%	8h	61.094	−0.006%	$2.6M	$2.5M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.137	+0.064%	$534K	$82K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	61.060	−0.062%	$89.7M	$234.2M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	61.050	−0.079%	$77.4M	$61.6M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	61.040	−0.095%	$27.0M	$76.8M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	61.040	−0.095%	$13.4M	$22.0M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	61.060	−0.062%	$56.6M	$36.0M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	61.090	−0.013%	$18.7M	$13.2M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	61.060	−0.062%	$31.4M	$22.8M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	61.040	−0.095%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	61.032	−0.108%	$146K	$268K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	61.004	−0.154%	$41K	$376K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	61.035	−0.103%	$340K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	61.030	−0.111%	$107K	$715K	50x	as long as short
Polymarket Perps LTC-USDlong	+0.0100%	1h	61.098	long leg	$82K	$740K	10x
SunX LTC-USDT	+0.0100%	8h	61.170	+0.118%	$17K	$3.8M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.040	−0.095%	$164	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	61.030	−0.111%	$2.0M	$5.0M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	61.050	−0.079%	$21.6M	$9.0M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	61.037	−0.099%	$675K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.034	−0.104%	$466K	—	3x	as long as short
Kraken Futures PF_LTCUSD	+0.0131%	1h	61.043	−0.091%	$6.6M	$6.5M	50x	as long as short
BloFin LTC-USDT	+0.0220%	8h	61.070	−0.046%	$4.2M	$12.5M	50x	as long as short
Reya LTCRUSDPERP	+0.0337%	1h	61.075	−0.037%	$8K	—	25x	as long as short
dYdX LTC-USD	+0.0363%	1h	61.108	+0.016%	$429K	$7K	10x	as long as short
Hyperliquid LTC	+0.0478%	1h	61.115	+0.028%	$38.5M	$26.4M	10x	as long as short
Coinbase International LTC-PERP-INTX	+0.0712%	1h	61.110	+0.020%	$1.1M	$2.5M	50x	as long as short