Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0881%/8h= +96.4% APRpaid last 24h +0.213%

Price spread now: HTX against Deribit+0.023%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 HTX

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 +$26 a day on $10k at the current rate, and HTX is 0.023% dearer against Deribit than usual: you sell high and buy low: +$2 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	4.7306	−0.0781	get 0.0098% / 1h	0m 48s	$42K	$40K	10x
Short	HTX LIT-USDT	4.7317	0.0100	get 0.0050% / 4h	0m 48s	$189K	$346K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.023%Rate

Funding earned: $184.91
Price spread: +0.023% → 0.000%: $2.28
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee HTX: 6 bp × 2 orders: −$12
Net: $168.19
Costs to cover: 0.190%
Break-even: 0.6 days

Slippage unknown: Deribit: no order-book sample; HTX: live order book, 12 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 HTX live order book, 12 min ago	18.14 bp	29.1 bp −$29	121.5 bp −$1,215	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
Gate LIT_USDT	−0.0818%	4h	4.7370	+0.135%	$2.8M	$4.6M	50x	as long as short
Deribit LIT_USDC-PERPETUALlong	−0.0781%	1h	4.7306	long leg	$42K	$40K	10x
01 Exchange LITUSD	−0.0584%	1h	4.7233	−0.155%	$33K	$4K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0538%	4h	4.7251	−0.117%	$32K	$2K	10x	as long as short
Bullet LIT-USD	−0.0384%	1h	4.7297	−0.019%	$85K	$77K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0324%	4h	4.7350	+0.093%	$25.7M	$64.2M	50x	as long as short
Phemex LITUSDT	−0.0314%	4h	4.7280	−0.055%	$1.4M	$2.7M	20x	as long as short
KuCoin LITUSDTM	−0.0164%	4h	4.7314	+0.016%	$5.2M	$1.1M	30x	as long as short
Coinbase International LIT-PERP-INTX	−0.0120%	1h	4.7313	+0.014%	$669K	$401K	50x	as long as short
GRVT LIT_USDT_Perp	−0.0078%	4h	4.7310	+0.008%	$906K	$1.8M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix LIT	−0.0050%	1h	4.7276	−0.064%	$205K	$353K	5x	as long as short
Perpl LIT	0.0000%	43m	4.7345	+0.083%	$31K	$854K	33x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7343	+0.079%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7352	+0.097%	$35K	—	150x	as long as short
RISEx LIT/USDC	+0.0012%	1h	4.7344	+0.081%	$797K	$2.1M	5x	as long as short
Paradex LIT-USD-PERP	+0.0025%	8h	4.7258	−0.102%	$7K	$2K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.551%	$422	$178K	5.5x	as long as short
Bybit LITUSDT	+0.0038%	4h	4.7340	+0.071%	$42.7M	$30.3M	75x	as long as short
Backpack LIT_USDC_PERP	+0.0060%	1h	4.7336	+0.063%	$682K	$1.4M	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7395	+0.188%	$59.2M	$30.7M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7325	+0.040%	$2.2M	$1.7M	10x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7407	+0.214%	$12.7M	$2.4M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7323	+0.036%	$589K	$1.7M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7327	+0.044%	$75.5M	$82.2M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7324	+0.038%	$117K	$459K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7291	−0.033%	$118K	$2K	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7290	−0.034%	$5.6M	$4.2M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7350	+0.093%	$6.7M	$2.8M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7326	+0.042%	$288K	$311K	10x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7330	+0.050%	$56K	$77K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7322	+0.033%	$447K	$105K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7344	+0.080%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7280	−0.055%	$5K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7305	−0.003%	$1K	$471K	5x	as long as short
HTX LIT-USDTshort	+0.0100%	4h	4.7317	+0.023%	$189K	$346K	30x
Extended LIT-USD	+0.0104%	1h	4.7325	+0.040%	$5.2M	$5.2M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7315	+0.019%	$148K	$44K	3x	as long as short
Lighter RH LIT	+0.0176%	1h	4.7417	+0.234%	$3.7M	$14.0M	5x	as long as short
Hyperliquid LIT	+0.0186%	1h	4.7433	+0.268%	$212.7M	$45.0M	5x	as long as short
Aftermath Perps LITUSD	+0.0204%	1h	4.7376	+0.147%	$13K	$203K	10x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7259	−0.100%	$1.6M	$2.1M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0381% / S −0.0172%	1h	4.7342	+0.076%	$63K	—	50x	as long as short