Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0807%/8h= −88.4% APRpaid last 24h −0.264%

Price spread now: Deribit against BloFin+0.047%7-day average — · you sell dearer than you buy

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

Long on BloFin Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—needs both histories

The price spread pays, funding is against you. Deribit is 0.047% dearer against BloFin than usual: you sell high and buy low (spread +0.047% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$24 a day in funding at the current rate, which eats that in about 5 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin LIT-USDT	4.8068	0.0340	pay 0.0170% / 4h	3h 22m	$1.6M	$2.3M	75x
Short	Deribit LIT_USDC-PERPETUAL	4.8090	−0.0467	pay 0.0058% / 1h	22m 42s	$42K	$39K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against BloFin. 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 BloFinbpFee DeribitbpOrdersPrice spread, now +0.047%Rate

Funding earned: −$169.44
Price spread: +0.047% → 0.000%: $4.66
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$183.78
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 5 min ago; Deribit: 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 BloFin live order book, 5 min ago	0.10 bp	11.6 bp −$12	22.5 bp −$225	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: 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.

LIT on 42 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
Deribit LIT_USDC-PERPETUALshort	−0.0467%	1h	4.8090	+0.047%	$42K	$39K	10x
01 Exchange LITUSD	−0.0440%	1h	4.8006	−0.129%	$31K	$3K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0383%	4h	4.8032	−0.075%	$33K	$313	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0304%	1h	4.7913	−0.322%	$607K	$336K	50x	as long as short
GRVT LIT_USDT_Perp	−0.0244%	4h	4.7890	−0.370%	$891K	$2.0M	10x	as long as short
Bullet LIT-USD	−0.0221%	1h	4.8057	−0.022%	$86K	$66K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0155%	4h	4.8076	+0.017%	$26.0M	$59.0M	50x	as long as short
ApeX Omni LITUSDT	−0.0108%	1h	4.7810	−0.537%	$57K	$75K	50x	as long as short
Gate LIT_USDT	−0.0092%	4h	4.8100	+0.067%	$2.8M	$4.0M	50x	as long as short
Backpack LIT_USDC_PERP	−0.0054%	1h	4.8103	+0.073%	$686K	$985K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit LITUSDT	−0.0014%	4h	4.8080	+0.025%	$41.7M	$27.0M	75x	as long as short
dYdX LIT-USD	0.0000%	1h	4.8092	+0.050%	$35K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.8099	+0.064%	$36K	—	150x	as long as short
Phoenix LIT	+0.0017%	1h	4.7914	−0.320%	$206K	$288K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	−0.058%	$422	$178K	5.5x	as long as short
Nado LIT-PERP	+0.0057%	1h	4.8055	−0.027%	$2.1M	$1.6M	10x	as long as short
Paradex LIT-USD-PERP	+0.0095%	8h	4.8054	−0.029%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.8150	+0.171%	$59.9M	$26.1M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.8166	+0.204%	$3.7M	$12.2M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.8125	+0.119%	$217.1M	$37.4M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.8077	+0.018%	$653K	$1.7M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.8040	−0.058%	$77.2M	$73.1M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.8083	+0.031%	$126K	$413K	5x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.8070	+0.004%	$6.2M	$4.0M	100x	as long as short
KuCoin LITUSDTM	+0.0100%	4h	4.8106	+0.079%	$5.5M	$867K	30x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.8090	+0.046%	$6.9M	$2.4M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7913	−0.323%	$294K	$302K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.8055	−0.027%	$448K	$85K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7720	−0.725%	$2K	$961	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.8084	+0.033%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.8105	+0.077%	$1K	$334K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.8084	+0.033%	$193K	$305K	30x	as long as short
Phemex LITUSDT	+0.0100%	4h	4.8080	+0.025%	$1.4M	$2.7M	20x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7738	−0.687%	$121K	$2K	10x	as long as short
Extended LIT-USD	+0.0104%	1h	4.8038	−0.063%	$5.0M	$5.5M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.8074	+0.012%	$150K	—	3x	as long as short
RISEx LIT/USDC	+0.0118%	1h	4.8094	+0.054%	$801K	$2.4M	5x	as long as short
Aster LITUSDT	+0.0300%	4h	4.8112	+0.092%	$12.9M	$2.0M	50x	as long as short
Perpl LIT	+0.0335%	43m	4.8141	+0.152%	$32K	$625K	33x	as long as short
BloFin LIT-USDTlong	+0.0340%	4h	4.8068	long leg	$1.6M	$2.3M	75x
GMX LIT/USD [ETH-USDC]	L +0.0426% / S −0.0217%	1h	4.8108	+0.083%	$64K	—	50x	as long as short
Aftermath Perps LITUSD	+0.0453%	1h	4.7934	−0.279%	$9K	$197K	10x	as long as short