Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0404%/8h= +44.3% APRpaid last 24h +0.201%

Price spread now: Bitget against Deribit+0.194%7-day average — · you sell dearer than you buy

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

Long on Deribit Short on Bitget

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

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Bitget is 0.194% dearer against Deribit than usual: you sell high and buy low: +$19 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit LIT_USDC-PERPETUAL	4.7069	−0.0304	get 0.0038% / 1h	19m 01s	$41K	$40K	10x
Short	Bitget LITUSDT	4.7160	0.0100	get 0.0050% / 4h	1h 19m	$6.7M	$2.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Deribit. 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 DeribitbpFee BitgetbpOrdersPrice spread, now +0.194%Rate

Funding earned: $84.88
Price spread: +0.194% → 0.000%: $19.44
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Bitget: 6 bp × 2 orders: −$12
Net: $85.32
Costs to cover: 0.190%
Break-even: from the start

Slippage unknown: Deribit: no order-book sample; Bitget: live order book, 4 min ago. 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 Deribit no order-book sample	—	—	—	—	—
Sell Bitget live order book, 4 min ago	3.19 bp	28.6 bp −$29	110.2 bp −$1,102	doesn't fit	doesn't fit

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
Orderly PERP_LIT_USDC	−0.0379%	4h	4.7010	−0.124%	$32K	$1K	10x	as long as short
Deribit LIT_USDC-PERPETUALlong	−0.0304%	1h	4.7069	long leg	$41K	$40K	10x
01 Exchange LITUSD	−0.0296%	1h	4.7063	−0.012%	$33K	$4K	5x	as long as short
Bullet LIT-USD	−0.0238%	1h	4.7065	−0.007%	$85K	$68K	20x	as long as short
Gate LIT_USDT	−0.0098%	4h	4.7110	+0.088%	$2.8M	$4.3M	50x	as long as short
Phoenix LIT	−0.0085%	1h	4.7084	+0.033%	$202K	$341K	5x	as long as short
Phemex LITUSDT	−0.0031%	4h	4.7100	+0.067%	$1.4M	$2.8M	20x	as long as short
Coinbase International LIT-PERP-INTX	−0.0024%	1h	4.6800	−0.571%	$611K	$411K	50x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7096	+0.059%	$11K	—	150x	as long as short
dYdX LIT-USD	+0.0006%	1h	4.7101	+0.068%	$34K	—	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni LITUSDT	+0.0027%	1h	4.7030	−0.082%	$56K	$76K	50x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.064%	$422	$178K	5.5x	as long as short
OKX LIT-USDT-SWAP	+0.0034%	4h	4.7144	+0.160%	$25.4M	$61.8M	50x	as long as short
KuCoin LITUSDTM	+0.0034%	4h	4.7092	+0.050%	$5.3M	$1.0M	30x	as long as short
GRVT LIT_USDT_Perp	+0.0054%	4h	4.6940	−0.273%	$911K	$1.7M	10x	as long as short
Paradex LIT-USD-PERP	+0.0075%	8h	4.7062	−0.014%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7173	+0.222%	$58.8M	$28.8M	5x	as long as short
RISEx LIT/USDC	+0.0099%	1h	4.7101	+0.069%	$796K	$2.1M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7075	+0.015%	$2.2M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7200	+0.279%	$210.9M	$40.8M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7096	+0.058%	$582K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7120	+0.109%	$75.0M	$78.6M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.7140	+0.152%	$41.8M	$28.6M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7102	+0.071%	$118K	$454K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.6864	−0.434%	$117K	$2K	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7121	+0.112%	$5.5M	$3.9M	100x	as long as short
Bitget LITUSDTshort	+0.0100%	4h	4.7160	+0.194%	$6.7M	$2.6M	20x
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7178	+0.233%	$694K	$1.4M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7010	−0.124%	$286K	$304K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7079	+0.022%	$445K	$104K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7097	+0.061%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7042	−0.056%	$5K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7087	+0.039%	$2K	$403K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7080	+0.024%	$195K	$379K	30x	as long as short
Lighter RH LIT	+0.0104%	1h	4.7200	+0.279%	$3.7M	$13.2M	5x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7043	−0.055%	$5.1M	$5.0M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7052	−0.034%	$147K	—	3x	as long as short
Aftermath Perps LITUSD	+0.0172%	1h	4.6992	−0.162%	$9K	$205K	10x	as long as short
Aster LITUSDT	+0.0200%	4h	4.7147	+0.167%	$12.6M	$2.0M	50x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7044	−0.052%	$1.6M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0415% / S −0.0211%	1h	4.7092	+0.051%	$63K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.7084	+0.033%	$31K	$814K	33x	as long as short