Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0326%/8h= +35.7% APRpaid last 24h +0.099%

Price spread now: OKX against Deribit+0.100%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 OKX

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 +$10 a day on $10k at the current rate, and OKX is 0.100% dearer against Deribit than usual: you sell high and buy low: +$10 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	4.7584	−0.0391	get 0.0049% / 1h	6m 56s	$42K	$19K	10x
Short	OKX LIT-USDT-SWAP	4.7632	−0.0064	pay 0.0032% / 4h	1h 06m	$26.0M	$54.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.100%Rate

Funding earned: $68.48
Price spread: +0.100% → 0.000%: $10.05
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee OKX: 5 bp × 2 orders: −$10
Net: $61.52
Costs to cover: 0.170%
Break-even: 0.7 days

Slippage unknown: Deribit: no order-book sample; OKX: live order book, 5 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 OKX live order book, 5 min ago	0.10 bp	10.5 bp −$10	27.7 bp −$277	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 exchanges

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-PERPETUALlong	−0.0391%	1h	4.7584	long leg	$42K	$19K	10x
Orderly PERP_LIT_USDC	−0.0385%	4h	4.7532	−0.110%	$33K	$313	10x	as long as short
01 Exchange LITUSD	−0.0336%	1h	4.7578	−0.013%	$31K	$3K	5x	as long as short
Coinbase International LIT-PERP-INTX	−0.0296%	1h	4.7668	+0.176%	$606K	$296K	50x	as long as short
Gate LIT_USDT	−0.0252%	4h	4.7660	+0.159%	$2.8M	$3.6M	50x	as long as short
Backpack LIT_USDC_PERP	−0.0219%	1h	4.7606	+0.046%	$679K	$868K	5x	as long as short
Bullet LIT-USD	−0.0194%	1h	4.7590	+0.012%	$85K	$44K	20x	as long as short
GRVT LIT_USDT_Perp	−0.0068%	4h	4.7560	−0.050%	$882K	$1.9M	10x	as long as short
OKX LIT-USDT-SWAPshort	−0.0064%	4h	4.7632	+0.100%	$26.0M	$54.2M	50x
dYdX LIT-USD	0.0000%	1h	4.7637	+0.111%	$34K	—	5x	as long as short

Show all 42 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7670	+0.181%	$35K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.958%	$422	$178K	5.5x	as long as short
Extended LIT-USD	+0.0072%	1h	4.7595	+0.022%	$5.1M	$5.0M	25x	as long as short
ApeX Omni LITUSDT	+0.0072%	1h	4.7520	−0.135%	$57K	$78K	50x	as long as short
Paradex LIT-USD-PERP	+0.0081%	8h	4.7596	+0.024%	$7K	$1K	5x	as long as short
Phoenix LIT	+0.0083%	1h	4.7565	−0.040%	$204K	$268K	5x	as long as short
Bybit LITUSDT	+0.0085%	4h	4.7613	+0.061%	$41.3M	$25.1M	75x	as long as short
Pacifica LIT	+0.0092%	1h	4.7607	+0.048%	$630K	$1.5M	10x	as long as short
Lighter LIT	+0.0096%	1h	4.7644	+0.126%	$59.4M	$24.0M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.7653	+0.145%	$3.6M	$12.1M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7600	+0.033%	$2.1M	$1.5M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7650	+0.138%	$214.9M	$34.9M	5x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7597	+0.027%	$76.8M	$66.3M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7629	+0.094%	$134K	$361K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7547	−0.079%	$158K	$50K	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7594	+0.021%	$6.3M	$3.6M	100x	as long as short
KuCoin LITUSDTM	+0.0100%	4h	4.7640	+0.117%	$5.4M	$643K	30x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7620	+0.075%	$6.8M	$2.1M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7479	−0.221%	$292K	$300K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7613	+0.061%	$456K	$125K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7664	+0.167%	$2K	$961	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7596	+0.025%	$4K	$1.0M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7603	+0.040%	$4K	$300K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7671	+0.182%	$191K	$256K	30x	as long as short
Phemex LITUSDT	+0.0100%	4h	4.7560	−0.051%	$1.4M	$2.7M	20x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7556	−0.059%	$149K	—	3x	as long as short
Perpl LIT	+0.0112%	43m	4.7636	+0.109%	$28K	$545K	33x	as long as short
RISEx LIT/USDC	+0.0176%	1h	4.7633	+0.104%	$801K	$2.4M	5x	as long as short
Aster LITUSDT	+0.0202%	4h	4.7685	+0.212%	$12.8M	$1.7M	50x	as long as short
Aftermath Perps LITUSD	+0.0334%	1h	4.7589	+0.011%	$8K	$190K	10x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7562	−0.047%	$1.6M	$2.4M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0422% / S −0.0217%	1h	4.7614	+0.062%	$64K	—	50x	as long as short