The invention concerns in general measurement of the transfer function of linear time invariant systems, more particular the calibration of such systems based on a measured transfer function. According to a first aspect the present invention an arrangement for measuring the transfer function of a linear time-invariant system is disclosed. According to a second aspect of the present invention the arrangement is implemented into a linear time-invariant circuitry having a transfer function representing the amplitude and phase characteristic of the circuitry, where by means of the arrangement for measuring the transfer function the transfer function can be optimized in accordance with certain criteria on-the-fly, i.e. in or before operation of the circuit. Finally, an effective and simple method for measuring of the transfer function of a linear time-invariant system together with the use or application of the method is shown.