Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0567%/8h= −62.1% APRpaid last 24h −0.174%

Price spread now: Deribit against Gate−0.090%7-day average — · you buy dearer than you sell

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

Long on Gate 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

Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Deribit is 0.090% cheaper against Gate than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate LIT_USDT	4.7630	−0.0576	get 0.0288% / 4h	2h 16m	$2.8M	$4.5M	50x
Short	Deribit LIT_USDC-PERPETUAL	4.7587	−0.1143	pay 0.0143% / 1h	16m 07s	$42K	$40K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Gate. 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 GatebpFee DeribitbpOrdersPrice spread, now −0.090%Rate

Funding earned: −$119.15
Price spread: −0.090% → 0.000%: −$9.05
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$150.2
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 2 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 Gate live order book, 2 min ago	3.15 bp	20.1 bp −$20	57.5 bp −$575	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	−0.1143%	1h	4.7587	−0.090%	$42K	$40K	10x
Orderly PERP_LIT_USDC	−0.0610%	4h	4.7564	−0.139%	$33K	$2K	10x	as long as short
Gate LIT_USDTlong	−0.0576%	4h	4.7630	long leg	$2.8M	$4.5M	50x
Phemex LITUSDT	−0.0563%	4h	4.7580	−0.105%	$1.3M	$2.7M	20x	as long as short
01 Exchange LITUSD	−0.0560%	1h	4.7643	+0.027%	$33K	$4K	5x	as long as short
Bullet LIT-USD	−0.0339%	1h	4.7584	−0.097%	$86K	$81K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0329%	4h	4.7583	−0.099%	$25.1M	$62.3M	50x	as long as short
Bybit LITUSDT	−0.0284%	4h	4.7601	−0.061%	$43.0M	$30.7M	75x	as long as short
KuCoin LITUSDTM	−0.0278%	4h	4.7668	+0.080%	$5.3M	$1.1M	30x	as long as short
GRVT LIT_USDT_Perp	−0.0264%	4h	4.7613	−0.036%	$901K	$1.9M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Backpack LIT_USDC_PERP	−0.0252%	1h	4.7643	+0.027%	$669K	$1.5M	5x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.7721	+0.191%	$660K	$404K	50x	as long as short
Aftermath Perps LITUSD	−0.0051%	1h	4.7587	−0.091%	$12K	$199K	10x	as long as short
Phoenix LIT	−0.0050%	1h	4.7660	+0.063%	$248K	$321K	5x	as long as short
Paradex LIT-USD-PERP	−0.0024%	8h	4.7659	+0.061%	$6K	$2K	5x	as long as short
SoDEX LIT-USD	−0.0016%	1h	4.7585	−0.094%	$1K	$487K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7738	+0.226%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7654	+0.051%	$35K	—	150x	as long as short
RISEx LIT/USDC	+0.0009%	1h	4.7729	+0.207%	$831K	$2.0M	5x	as long as short
Nado LIT-PERP	+0.0018%	1h	4.7625	−0.010%	$2.2M	$1.7M	10x	as long as short
Polymarket Perps LIT-USD	+0.0023%	1h	4.7634	+0.008%	$450K	$105K	10x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.861%	$422	$178K	5.5x	as long as short
MEXC LIT_USDT	+0.0044%	4h	4.7581	−0.103%	$5.8M	$4.2M	100x	as long as short
edgeX LITUSDC	+0.0044%	4h	4.7633	+0.006%	$290K	$311K	10x	as long as short
Binance LITUSDT	+0.0046%	4h	4.7581	−0.103%	$75.3M	$81.4M	75x	as long as short
Aevo LIT-PERP	+0.0064%	1h	4.7602	−0.058%	$149K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.7683	+0.111%	$59.8M	$30.1M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7701	+0.149%	$212.3M	$45.3M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7680	+0.105%	$12.7M	$2.5M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7716	+0.181%	$588K	$1.8M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7707	+0.162%	$117K	$449K	5x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7620	−0.021%	$6.8M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7680	+0.105%	$56K	$78K	50x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7641	+0.022%	$2K	$1K	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7609	−0.044%	$5K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7684	+0.113%	$191K	$329K	30x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7454	−0.370%	$119K	$6K	10x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7578	−0.108%	$5.3M	$5.2M	25x	as long as short
Perpl LIT	+0.0112%	43m	4.7673	+0.089%	$32K	$839K	33x	as long as short
BloFin LIT-USDT	+0.0184%	4h	4.7575	−0.115%	$1.5M	$2.0M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0359% / S −0.0155%	1h	4.7639	+0.018%	$60K	—	50x	as long as short
Lighter RH LIT	+0.0432%	1h	4.7695	+0.136%	$3.7M	$14.2M	5x	as long as short