Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0131%/8h= +14.3% APRpaid last 24h +0.007%

Price spread now: Kraken Futures against SunX−0.132%7-day average −0.127% · you buy dearer than you sell

Net, funding: paid 7d − costs−$60as in the Funding arb table

Net, price: spread back to 7d avg − costs−$64as in the Price arb table

costs, in and out, $10k−$640.637% of the position

Long on SunX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.039%+$4 on $10k

Price spread, last 4 days (all we have)+0.009%+$1 · spread now −0.132%, 7d avg −0.127%

Together, before fees+0.049%+$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.127%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX LTC-USDT	60.880	0.0100	pay 0.0100% / 8h	3h 23m	$18K	$3.9M	30x
Short	Kraken Futures PF_LTCUSD	60.800	0.0231	get 0.0029% / 1h	23m 35s	$6.7M	$6.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against SunX. 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 SunXbpFee Kraken FuturesbpOrdersPrice spread, now −0.132%Rate

Funding earned: $27.5
Price spread: −0.132% → −0.127%: −$0.5
Slippage, 4 orders: −$45.73
Fee SunX: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$36.74
Costs to cover: 0.637%
Break-even: 16.4 days

Slippage from SunX: 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 SunX live order book, 5 min ago	14.77 bp	19.2 bp −$19	doesn't fit	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 5 min ago	1.64 bp	13.1 bp −$13	20.3 bp −$203	72.2 bp −$7,225	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 −0.0254% / S +0.0399%	1h	60.802	−0.128%	$102K	—	200x	as long as short
Polymarket Perps LTC-USD	−0.0247%	1h	60.770	−0.181%	$93K	$612K	10x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.836	−0.072%	$346K	$4.3M	4x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	60.803	−0.126%	$30K	—	150x	as long as short
Deribit LTC_USDC-PERPETUAL	+0.0013%	1h	60.819	−0.100%	$687K	$1.1M	50x	as long as short
Variational Omni LTC	+0.0024%	8h	60.814	−0.109%	$3.6M	$2.6M	—	as long as short
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.532%	$5K	$22K	12x	as long as short
Lighter LTC	+0.0096%	1h	60.832	−0.079%	$938K	$1.6M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.800	−0.131%	$13K	$146K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.785	−0.156%	$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	60.805	−0.123%	$267K	$331K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	60.866	−0.023%	$37.2M	$25.3M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.816	−0.104%	$2.6M	$2.5M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.808	−0.119%	$532K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.796	−0.138%	$89.7M	$231.9M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.790	−0.148%	$77.2M	$61.7M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.790	−0.148%	$26.8M	$76.1M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.790	−0.148%	$12.8M	$21.9M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.790	−0.148%	$57.7M	$35.5M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.810	−0.115%	$18.1M	$13.1M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.810	−0.115%	$31.3M	$22.9M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	60.810	−0.115%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.789	−0.149%	$146K	$279K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.868	−0.019%	$41K	$374K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.970	+0.148%	$345K	$2.0M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.890	+0.016%	$107K	$716K	50x	as long as short
SunX LTC-USDTlong	+0.0100%	8h	60.880	long leg	$18K	$3.9M	30x
SoDEX LTC-USD	+0.0100%	1h	60.780	−0.164%	$163	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.760	−0.197%	$2.0M	$5.0M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.810	−0.115%	$21.5M	$8.9M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.778	−0.167%	$675K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.779	−0.165%	$464K	—	3x	as long as short
dYdX LTC-USD	+0.0212%	1h	60.803	−0.126%	$427K	$7K	10x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.790	−0.148%	$4.7M	$12.3M	50x	as long as short
Kraken Futures PF_LTCUSDshort	+0.0231%	1h	60.800	−0.132%	$6.7M	$6.4M	50x
Reya LTCRUSDPERP	+0.0337%	1h	60.789	−0.149%	$8K	—	25x	as long as short
Coinbase International LTC-PERP-INTX	+0.0792%	1h	60.970	+0.148%	$1.1M	$2.4M	50x	as long as short