Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0921%/8h= +100.9% APRpaid last 24h +0.285%

Price spread now: BloFin against Deribit−0.054%7-day average — · you buy dearer than you sell

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

Long on Deribit Short on BloFin

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

Funding pays, the price is against you. BloFin is 0.054% cheaper against Deribit than usual: you would sell low and buy high (spread −0.054% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 5 hours of funding at the current rate (+$28 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit LIT_USDC-PERPETUAL	4.7304	−0.0586	get 0.0073% / 1h	23m 04s	$42K	$40K	10x
Short	BloFin LIT-USDT	4.7278	0.0335	get 0.0167% / 4h	23m 04s	$1.6M	$2.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.054%Rate

Funding earned: $193.49
Price spread: −0.054% → 0.000%: −$5.43
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee BloFin: 6 bp × 2 orders: −$12
Net: $169.06
Costs to cover: 0.190%
Break-even: 0.9 days

Slippage unknown: Deribit: no order-book sample; BloFin: 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 BloFin live order book, 5 min ago	0.85 bp	10.1 bp −$10	25.9 bp −$259	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	−0.0860%	4h	4.7380	+0.161%	$2.8M	$4.5M	50x	as long as short
Deribit LIT_USDC-PERPETUALlong	−0.0586%	1h	4.7304	long leg	$42K	$40K	10x
Orderly PERP_LIT_USDC	−0.0574%	4h	4.7243	−0.128%	$32K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0568%	1h	4.7193	−0.234%	$33K	$4K	5x	as long as short
OKX LIT-USDT-SWAP	−0.0392%	4h	4.7349	+0.096%	$25.7M	$63.8M	50x	as long as short
Phemex LITUSDT	−0.0342%	4h	4.7300	−0.008%	$1.4M	$2.7M	20x	as long as short
Bullet LIT-USD	−0.0334%	1h	4.7292	−0.025%	$85K	$80K	20x	as long as short
KuCoin LITUSDTM	−0.0216%	4h	4.7290	−0.029%	$5.2M	$1.1M	30x	as long as short
Coinbase International LIT-PERP-INTX	−0.0120%	1h	4.7608	+0.644%	$673K	$402K	50x	as long as short
GRVT LIT_USDT_Perp	−0.0094%	4h	4.7510	+0.436%	$903K	$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	4.7329	+0.053%	$205K	$353K	5x	as long as short
Bybit LITUSDT	−0.0018%	4h	4.7330	+0.056%	$42.6M	$30.1M	75x	as long as short
Perpl LIT	0.0000%	43m	4.7290	−0.030%	$31K	$840K	33x	as long as short
dYdX LIT-USD	+0.0001%	1h	4.7261	−0.089%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7329	+0.054%	$35K	—	150x	as long as short
RISEx LIT/USDC	+0.0012%	1h	4.7290	−0.029%	$813K	$2.1M	5x	as long as short
Paradex LIT-USD-PERP	+0.0022%	8h	4.7238	−0.140%	$7K	$2K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.557%	$422	$178K	5.5x	as long as short
MEXC LIT_USDT	+0.0094%	4h	4.7296	−0.016%	$5.5M	$4.1M	100x	as long as short
edgeX LITUSDC	+0.0095%	4h	4.7358	+0.116%	$288K	$310K	10x	as long as short
Binance LITUSDT	+0.0095%	4h	4.7311	+0.015%	$75.4M	$81.7M	75x	as long as short
Lighter LIT	+0.0096%	1h	4.7386	+0.174%	$59.6M	$30.0M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7275	−0.061%	$2.2M	$1.7M	10x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7377	+0.154%	$12.7M	$2.4M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7277	−0.056%	$589K	$1.7M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7274	−0.063%	$120K	$456K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7353	+0.104%	$118K	$4K	10x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7340	+0.077%	$6.7M	$2.8M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7369	+0.138%	$672K	$1.4M	5x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7350	+0.098%	$56K	$77K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7316	+0.026%	$447K	$105K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7322	+0.040%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7304	+0.001%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7315	+0.024%	$986	$466K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7402	+0.208%	$189K	$343K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7321	+0.038%	$5.2M	$5.1M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7297	−0.015%	$148K	$44K	3x	as long as short
Hyperliquid LIT	+0.0193%	1h	4.7423	+0.252%	$212.7M	$44.9M	5x	as long as short
Lighter RH LIT	+0.0200%	1h	4.7402	+0.208%	$3.7M	$13.9M	5x	as long as short
Aftermath Perps LITUSD	+0.0214%	1h	4.7412	+0.230%	$13K	$203K	10x	as long as short
BloFin LIT-USDTshort	+0.0335%	4h	4.7278	−0.054%	$1.6M	$2.0M	75x
GMX LIT/USD [ETH-USDC]	L +0.0377% / S −0.0169%	1h	4.7323	+0.041%	$62K	—	50x	as long as short