Funding arb · Price arb /

LTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0236%/8h= −25.9% APRpaid last 24h −0.070%

Price spread now: Orderly against Reya+0.074%7-day average — · you sell dearer than you buy

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

Long on Reya Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

The price spread pays, funding is against you. Orderly is 0.074% dearer against Reya than usual: you sell high and buy low (spread +0.074% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 25 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya LTCRUSDPERP	60.965	0.0336	pay 0.0042% / 1h	53m 46s	$8K	—	25x
Short	Orderly PERP_LTC_USDC	61.010	0.0100	get 0.0100% / 8h	5h 53m	$13K	$210K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Reya. 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 ReyabpFee OrderlybpOrdersPrice spread, now +0.074%Rate

Funding earned: −$49.61
Price spread: +0.074% → 0.000%: $7.36
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$54.25
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; 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 Reya no order-book sample	—	—	—	—	—
Sell Orderly no order-book sample	—	—	—	—	—

Reya and 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 36 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 −0.0249% / S +0.0374%	1h	60.970	+0.008%	$111K	—	200x	as long as short
Polymarket Perps LTC-USD	−0.0070%	1h	60.927	−0.063%	$79K	$382K	10x	as long as short
Variational Omni LTC	−0.0016%	8h	61.165	+0.328%	$3.6M	$2.6M	—	as long as short
Kalshi KXLTCPERP	0.0000%	8h	61.016	+0.083%	$293K	$4.2M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0005%	1h	60.980	+0.024%	$19K	—	150x	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.666%	$5K	$22K	12x	as long as short
Orderly PERP_LTC_USDCshort	+0.0100%	8h	61.010	+0.074%	$13K	$210K	20x
Paradex LTC-USD-PERP	+0.0100%	8h	61.000	+0.058%	$14K	$10K	20x	as long as short
Nado LTC-PERP	+0.0100%	1h	61.005	+0.065%	$267K	$310K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	60.996	+0.051%	$37.2M	$24.1M	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster LTCUSDT	+0.0100%	8h	61.033	+0.112%	$2.6M	$2.4M	75x	as long as short
Pacifica LTC	+0.0100%	1h	61.012	+0.077%	$533K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.970	+0.008%	$92.9M	$218.2M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.950	−0.025%	$77.6M	$57.3M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.960	−0.008%	$26.9M	$72.9M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.970	+0.008%	$12.7M	$20.8M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.960	−0.008%	$58.8M	$34.1M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.980	+0.024%	$18.2M	$12.5M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.950	−0.025%	$31.2M	$21.1M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	60.980	+0.024%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.955	−0.017%	$155K	$270K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.968	+0.005%	$41K	$373K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.940	−0.041%	$342K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.940	−0.041%	$113K	$710K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	61.130	+0.270%	$17K	$3.9M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	61.020	+0.090%	$164	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.960	−0.008%	$1.9M	$4.7M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.990	+0.041%	$21.7M	$8.7M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.936	−0.049%	$679K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	61.016	+0.083%	$466K	—	3x	as long as short
Lighter LTC	+0.0136%	1h	61.082	+0.192%	$1.3M	$1.2M	10x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0160%	1h	61.041	+0.124%	$690K	$1.1M	50x	as long as short
dYdX LTC-USD	+0.0283%	1h	60.990	+0.040%	$429K	$8K	10x	as long as short
Reya LTCRUSDPERPlong	+0.0336%	1h	60.965	long leg	$8K	—	25x
Kraken Futures PF_LTCUSD	+0.0349%	1h	61.038	+0.120%	$6.8M	$5.6M	50x	as long as short
Coinbase International LTC-PERP-INTX	+0.0832%	1h	61.140	+0.287%	$1.2M	$2.2M	50x	as long as short