LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0334%/8h= −36.6% APRnext payment −$0.42 per $10,000 · paid last 24h −0.122%

Price spread now: Polymarket Perps against GMX−0.047%7-day average — · you buy dearer than you sell

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

Long on GMX Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 3 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

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Polymarket Perps is 0.047% cheaper against GMX than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX LIT/USD [ETH-USDC]	4.7210	L +0.0357% / S −0.0155%	pay 0.0045% / 1h	2m 47s	$59K	—	50x
Short	Polymarket Perps LIT-USD	4.7188	0.0023	get 0.0003% / 1h	2m 47s	$446K	$105K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against GMX. 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 GMXbpFee Polymarket PerpsbpOrdersPrice spread, now −0.047%Rate

Funding earned: −$70.11
Price spread: −0.047% → 0.000%: −$4.7
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$94.81
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Polymarket Perps: live order book, 20 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 GMX no order-book sample	—	—	—	—	—
Sell Polymarket Perps live order book, 20 min ago	2.31 bp	12.5 bp −$12	35.7 bp −$357	doesn't fit	doesn't fit

GMX: 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	−0.1181%	1h	4.7169	−0.087%	$41K	$40K	10x	as long as short
Gate LIT_USDT	−0.0764%	4h	4.7180	−0.064%	$2.8M	$4.6M	50x	as long as short
Orderly PERP_LIT_USDC	−0.0623%	4h	4.7116	−0.200%	$32K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0600%	1h	4.7120	−0.191%	$33K	$4K	5x	as long as short
Phemex LITUSDT	−0.0594%	4h	4.7140	−0.149%	$1.3M	$2.8M	20x	as long as short
OKX LIT-USDT-SWAP	−0.0378%	4h	4.7145	−0.138%	$25.1M	$62.0M	50x	as long as short
Bullet LIT-USD	−0.0356%	1h	4.7176	−0.073%	$85K	$81K	20x	as long as short
Bybit LITUSDT	−0.0308%	4h	4.7172	−0.081%	$42.7M	$30.8M	75x	as long as short
KuCoin LITUSDTM	−0.0304%	4h	4.7211	+0.002%	$5.2M	$1.1M	30x	as long as short
Backpack LIT_USDC_PERP	−0.0299%	1h	4.7210	0.000%	$663K	$1.5M	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT LIT_USDT_Perp	−0.0258%	4h	4.7093	−0.247%	$894K	$1.9M	10x	as long as short
Aftermath Perps LITUSD	−0.0196%	1h	4.7231	+0.044%	$10K	$202K	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.7721	+1.082%	$660K	$404K	50x	as long as short
SoDEX LIT-USD	−0.0052%	1h	4.7165	−0.096%	$1K	$487K	5x	as long as short
Phoenix LIT	−0.0050%	1h	4.7150	−0.127%	$245K	$321K	5x	as long as short
Paradex LIT-USD-PERP	−0.0034%	8h	4.7162	−0.102%	$6K	$2K	5x	as long as short
Nado LIT-PERP	−0.0002%	1h	4.7173	−0.078%	$2.1M	$1.7M	10x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7228	+0.037%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7210	−0.001%	$35K	—	150x	as long as short
RISEx LIT/USDC	+0.0009%	1h	4.7226	+0.033%	$747K	$2.1M	5x	as long as short
Polymarket Perps LIT-USDshort	+0.0023%	1h	4.7188	−0.047%	$446K	$105K	10x
Binance LITUSDT	+0.0028%	4h	4.7141	−0.147%	$74.7M	$81.7M	75x	as long as short
MEXC LIT_USDT	+0.0030%	4h	4.7135	−0.159%	$5.8M	$4.3M	100x	as long as short
edgeX LITUSDC	+0.0032%	4h	4.7110	−0.212%	$287K	$311K	10x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.758%	$422	$178K	5.5x	as long as short
Aevo LIT-PERP	+0.0048%	1h	4.7126	−0.178%	$147K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.7245	+0.074%	$59.3M	$30.4M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7231	+0.044%	$210.5M	$45.5M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7234	+0.051%	$12.6M	$2.5M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7213	+0.006%	$582K	$1.8M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7191	−0.041%	$116K	$449K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7374	+0.347%	$119K	$6K	10x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7190	−0.043%	$6.7M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7130	−0.170%	$55K	$78K	50x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7212	+0.003%	$2K	$1K	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7207	−0.007%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7177	−0.070%	$189K	$330K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7152	−0.124%	$5.2M	$5.2M	25x	as long as short
BloFin LIT-USDT	+0.0111%	4h	4.7170	−0.085%	$1.5M	$2.1M	75x	as long as short
Perpl LIT	+0.0112%	43m	4.7204	−0.013%	$31K	$843K	33x	as long as short
GMX LIT/USD [ETH-USDC]long	L +0.0357% / S −0.0155%	1h	4.7210	long leg	$59K	—	50x
Lighter RH LIT	+0.0416%	1h	4.7263	+0.112%	$3.7M	$14.3M	5x	as long as short