Funding you earn now, next payment 04:00 UTC+0.0183%/8h= +20.1% APRpaid last 24h +0.046%
Price spread now: Injective against Gate+2.322%7-day average −9.849% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.007%+$1 on $10k
+Price spread, last 4 days (all we have)−17.607%−$1,761 · spread now +2.322%, 7d avg −9.849%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Injective is 12.171% dearer against Gate than usual: you sell high and buy low: +$1,217 more if the spread goes back to its 7-day average of −9.849%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.007% in total (about 0.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate LIT_USDT | 4.6950 | −0.0150 | get 0.0075% / 4h | 54m 31s | $2.7M | $4.2M | 50x |
| Short | Injective LIT/USDC PERP | 4.8040 | 0.0033 | get 0.0004% / 1h | 54m 31s | $422 | $178K | 5.5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $38.5
- Price spread: +2.322% → −9.849%
- $1,217.11
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $1,240.59
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Gate: live order book, 4 min ago; Injective: no order-book sample. 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 Gate live order book, 4 min ago | 2.14 bp | 29.8 bp −$30 | 74.1 bp −$741 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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-PERPETUAL | −0.0590% | 1h | 4.6838 | −0.239% | $41K | $40K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0400% | 1h | 4.6848 | −0.217% | $33K | $4K | 5x | as long as short |
| Orderly PERP_LIT_USDC | −0.0384% | 4h | 4.6817 | −0.283% | $32K | $1K | 10x | as long as short |
| Bullet LIT-USD | −0.0275% | 1h | 4.6835 | −0.244% | $84K | $68K | 20x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0192% | 1h | 4.6848 | −0.218% | $612K | $412K | 50x | as long as short |
| ApeX Omni LITUSDT | −0.0152% | 1h | 4.6820 | −0.277% | $56K | $76K | 50x | as long as short |
| Gate LIT_USDTlong | −0.0150% | 4h | 4.6950 | long leg | $2.7M | $4.2M | 50x | |
| Phemex LITUSDT | −0.0091% | 4h | 4.6820 | −0.277% | $1.4M | $2.8M | 20x | as long as short |
| Phoenix LIT | −0.0085% | 1h | 4.6835 | −0.245% | $201K | $305K | 5x | as long as short |
| Bybit LITUSDT | −0.0012% | 4h | 4.6883 | −0.143% | $41.6M | $28.5M | 75x | as long as short |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack LIT_USDC_PERP | −0.0010% | 1h | 4.6883 | −0.143% | $664K | $1.4M | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.6952 | +0.004% | $34K | — | 5x | as long as short |
| OKX LIT-USDT-SWAP | +0.0001% | 4h | 4.6915 | −0.075% | $25.2M | $61.6M | 50x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.6880 | −0.149% | $11K | — | 150x | as long as short |
| KuCoin LITUSDTM | +0.0004% | 4h | 4.6883 | −0.143% | $5.2M | $1.0M | 30x | as long as short |
| Polymarket Perps LIT-USD | +0.0029% | 1h | 4.6870 | −0.170% | $438K | $109K | 10x | as long as short |
| Injective LIT/USDC PERPshort | +0.0033% | 1h | 4.8040 | +2.322% | $422 | $178K | 5.5x | |
| Paradex LIT-USD-PERP | +0.0057% | 8h | 4.6887 | −0.135% | $7K | $2K | 5x | as long as short |
| RISEx LIT/USDC | +0.0073% | 1h | 4.6927 | −0.049% | $783K | $2.1M | 5x | as long as short |
| GRVT LIT_USDT_Perp | +0.0076% | 4h | 4.6832 | −0.252% | $915K | $1.8M | 10x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.6963 | +0.028% | $58.5M | $28.5M | 5x | as long as short |
| Lighter RH LIT | +0.0096% | 1h | 4.6976 | +0.055% | $3.6M | $13.1M | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.6880 | −0.149% | $2.2M | $1.7M | 10x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.6962 | +0.026% | $209.9M | $41.8M | 5x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.6909 | −0.087% | $582K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.6884 | −0.140% | $74.8M | $79.0M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.6916 | −0.072% | $122K | $453K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.6887 | −0.134% | $117K | $973 | 10x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.6899 | −0.109% | $5.5M | $3.8M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.6910 | −0.085% | $6.8M | $2.6M | 20x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.6697 | −0.539% | $284K | $303K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.6879 | −0.151% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.6860 | −0.192% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.6842 | −0.230% | $2K | $397K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.6931 | −0.040% | $198K | $388K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.6880 | −0.148% | $5.1M | $5.0M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.6833 | −0.249% | $146K | — | 3x | as long as short |
| Aftermath Perps LITUSD | +0.0160% | 1h | 4.6858 | −0.195% | $8K | $206K | 10x | as long as short |
| Aster LITUSDT | +0.0209% | 4h | 4.6953 | +0.007% | $12.6M | $2.0M | 50x | as long as short |
| Perpl LIT | +0.0335% | 43m | 4.6867 | −0.177% | $31K | $797K | 33x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.6836 | −0.243% | $1.6M | $1.9M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0418% / S −0.0217% | 1h | 4.6869 | −0.173% | $63K | — | 50x | as long as short |
Gate LIT_USDT
Injective LIT/USDC PERP
Deribit LIT_USDC-PERPETUAL
01 Exchange LITUSD
Bullet LIT-USD
Coinbase International LIT-PERP-INTX
ApeX Omni LITUSDT
Phemex LITUSDT
Phoenix LIT
Bybit LITUSDT
Backpack LIT_USDC_PERP
OKX LIT-USDT-SWAP
gTrade (Gains Network) LIT/USD
KuCoin LITUSDTM
Polymarket Perps LIT-USD
Paradex LIT-USD-PERP
RISEx LIT/USDC
GRVT LIT_USDT_Perp
Lighter LIT
Lighter RH LIT
Hyperliquid LIT
Pacifica LIT
Binance LITUSDT
Bulk LIT-USD
MEXC LIT_USDT
Bitget LITUSDT
edgeX LITUSDC
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Extended LIT-USD
Aftermath Perps LITUSD
Aster LITUSDT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]