Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0682%/8h= +74.7% APRpaid last 24h +0.190%

Price spread now: MEXC against Deribit−0.002%52s7-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 MEXC

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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$20 a day on $10k at the current rate. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit LIT_USDC-PERPETUAL	4.6942	−0.0582	get 0.0073% / 1h	22m 24s	$41K	$40K	10x
Short	MEXC LIT_USDT	4.6941	0.0100	get 0.0050% / 4h	3h 22m	$5.6M	$3.9M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.002%Rate

Funding earned: $143.27
Price spread: −0.002% → 0.000%: −$0.17
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee MEXC: 2 bp × 2 orders: −$4
Net: $132.1
Costs to cover: 0.110%
Break-even: 0.5 days

Slippage unknown: Deribit: no order-book sample; MEXC: 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 MEXC live order book, 5 min ago	0.11 bp	4.1 bp −$4	52.4 bp −$524	294.7 bp −$29.5K	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
Deribit LIT_USDC-PERPETUALlong	−0.0582%	1h	4.6942	long leg	$41K	$40K	10x
Orderly PERP_LIT_USDC	−0.0382%	4h	4.6963	+0.045%	$32K	$1K	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0304%	1h	4.6877	−0.139%	$607K	$351K	50x	as long as short
Bullet LIT-USD	−0.0287%	1h	4.6994	+0.112%	$84K	$67K	20x	as long as short
01 Exchange LITUSD	−0.0280%	1h	4.6852	−0.191%	$33K	$3K	5x	as long as short
Phemex LITUSDT	−0.0129%	4h	4.6920	−0.046%	$1.3M	$2.8M	20x	as long as short
Bybit LITUSDT	−0.0117%	4h	4.7000	+0.124%	$41.0M	$28.9M	75x	as long as short
OKX LIT-USDT-SWAP	−0.0044%	4h	4.7013	+0.152%	$25.3M	$60.7M	50x	as long as short
Phoenix LIT	−0.0017%	1h	4.7071	+0.275%	$202K	$299K	5x	as long as short
RISEx LIT/USDC	−0.0008%	1h	4.6930	−0.024%	$788K	$2.2M	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX LIT-USD	0.0000%	1h	4.6942	−0.001%	$34K	—	5x	as long as short
Perpl LIT	0.0000%	43m	4.7027	+0.183%	$31K	$744K	33x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7045	+0.219%	$11K	—	150x	as long as short
ApeX Omni LITUSDT	+0.0008%	1h	4.7080	+0.294%	$56K	$76K	50x	as long as short
KuCoin LITUSDTM	+0.0008%	4h	4.6998	+0.120%	$5.2M	$1.0M	30x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.339%	$422	$178K	5.5x	as long as short
Nado LIT-PERP	+0.0066%	1h	4.6944	+0.006%	$2.2M	$1.7M	10x	as long as short
Paradex LIT-USD-PERP	+0.0096%	8h	4.6875	−0.143%	$6K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.6965	+0.049%	$58.6M	$28.3M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7076	+0.286%	$210.2M	$41.5M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.6941	−0.002%	$571K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7000	+0.124%	$75.4M	$78.9M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.6913	−0.061%	$117K	$449K	5x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7000	+0.124%	$2.7M	$4.2M	50x	as long as short
MEXC LIT_USDTshort	+0.0100%	4h	4.6941	−0.002%	$5.6M	$3.9M	100x
Bitget LITUSDT	+0.0100%	4h	4.7000	+0.124%	$6.7M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.6960	+0.039%	$658K	$1.3M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7089	+0.314%	$288K	$303K	10x	as long as short
GRVT LIT_USDT_Perp	+0.0100%	4h	4.7060	+0.252%	$903K	$1.8M	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.6981	+0.084%	$439K	$85K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.6980	+0.081%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.6956	+0.030%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.6945	+0.007%	$1K	$374K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7027	+0.182%	$199K	$359K	30x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.6940	−0.004%	$117K	$8K	10x	as long as short
Extended LIT-USD	+0.0104%	1h	4.6870	−0.153%	$5.1M	$4.9M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.6995	+0.114%	$147K	—	3x	as long as short
Lighter RH LIT	+0.0176%	1h	4.6987	+0.096%	$3.7M	$13.2M	5x	as long as short
Aster LITUSDT	+0.0247%	4h	4.7047	+0.225%	$12.6M	$1.9M	50x	as long as short
Aftermath Perps LITUSD	+0.0293%	1h	4.7061	+0.255%	$9K	$205K	10x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.6908	−0.072%	$1.5M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0436% / S −0.0231%	1h	4.7038	+0.204%	$65K	—	50x	as long as short