Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0295%/8h= −32.3% APRpaid last 24h +0.184%

Price spread now: Gate against Deribit+0.162%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 Gate

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

The price spread pays, funding is against you. Gate is 0.162% dearer against Deribit than usual: you sell high and buy low (spread +0.162% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 44 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit LIT_USDC-PERPETUAL	4.6924	−0.0861	get 0.0108% / 1h	31m 03s	$41K	$40K	10x
Short	Gate LIT_USDT	4.7000	−0.1156	pay 0.0578% / 4h	1h 31m	$2.8M	$4.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.162%Rate

Funding earned: −$61.91
Price spread: +0.162% → 0.000%: $16.15
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$67.75
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Deribit: no order-book sample; Gate: live order book, 2 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 Gate live order book, 2 min ago	2.13 bp	22.1 bp −$22	56.0 bp −$560	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_USDTshort	−0.1156%	4h	4.7000	+0.162%	$2.8M	$4.5M	50x
Deribit LIT_USDC-PERPETUALlong	−0.0861%	1h	4.6924	long leg	$41K	$40K	10x
Backpack LIT_USDC_PERP	−0.0780%	1h	4.6997	+0.155%	$660K	$1.4M	5x	as long as short
Orderly PERP_LIT_USDC	−0.0632%	4h	4.6910	−0.030%	$32K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0576%	1h	4.6892	−0.069%	$33K	$4K	5x	as long as short
Phemex LITUSDT	−0.0554%	4h	4.6940	+0.034%	$1.3M	$2.7M	20x	as long as short
OKX LIT-USDT-SWAP	−0.0441%	4h	4.6939	+0.032%	$25.2M	$61.9M	50x	as long as short
Bullet LIT-USD	−0.0338%	1h	4.6937	+0.027%	$85K	$81K	20x	as long as short
Bybit LITUSDT	−0.0312%	4h	4.6970	+0.098%	$42.4M	$30.2M	75x	as long as short
KuCoin LITUSDTM	−0.0298%	4h	4.6973	+0.104%	$5.2M	$1.1M	30x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps LITUSD	−0.0235%	1h	4.7062	+0.293%	$10K	$201K	10x	as long as short
GRVT LIT_USDT_Perp	−0.0186%	4h	4.6990	+0.140%	$898K	$1.8M	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.7094	+0.362%	$666K	$398K	50x	as long as short
RISEx LIT/USDC	−0.0082%	1h	4.6995	+0.151%	$783K	$2.1M	5x	as long as short
Phoenix LIT	−0.0034%	1h	4.7044	+0.255%	$243K	$327K	5x	as long as short
Nado LIT-PERP	−0.0032%	1h	4.6951	+0.058%	$2.1M	$1.7M	10x	as long as short
Paradex LIT-USD-PERP	−0.0008%	8h	4.6925	+0.002%	$6K	$2K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7024	+0.212%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7023	+0.210%	$35K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.378%	$422	$178K	5.5x	as long as short
SoDEX LIT-USD	+0.0035%	1h	4.6945	+0.044%	$1K	$465K	5x	as long as short
MEXC LIT_USDT	+0.0052%	4h	4.6935	+0.023%	$5.5M	$4.2M	100x	as long as short
Binance LITUSDT	+0.0053%	4h	4.6935	+0.023%	$74.5M	$80.9M	75x	as long as short
edgeX LITUSDC	+0.0056%	4h	4.7033	+0.232%	$286K	$311K	10x	as long as short
Aevo LIT-PERP	+0.0064%	1h	4.6919	−0.011%	$147K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.7042	+0.251%	$59.2M	$29.6M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7040	+0.247%	$209.7M	$44.2M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7015	+0.193%	$12.6M	$2.4M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.6994	+0.149%	$578K	$1.8M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.6972	+0.102%	$116K	$447K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7148	+0.477%	$118K	$5K	10x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.6990	+0.140%	$6.7M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7060	+0.289%	$55K	$78K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.6960	+0.076%	$444K	$104K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.6988	+0.136%	$2K	$729	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.6958	+0.072%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7008	+0.179%	$188K	$329K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.6917	−0.016%	$5.2M	$5.1M	25x	as long as short
BloFin LIT-USDT	+0.0213%	4h	4.6942	+0.038%	$1.5M	$2.0M	75x	as long as short
Lighter RH LIT	+0.0304%	1h	4.7066	+0.302%	$3.7M	$13.6M	5x	as long as short
Perpl LIT	+0.0335%	43m	4.6985	+0.130%	$31K	$839K	33x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0356% / S −0.0155%	1h	4.6997	+0.154%	$59K	—	50x	as long as short