Funding you earn now, next payment 01:00 UTC−0.0876%/8h= −95.9% APRpaid last 24h −0.042%
Price spread now: Gate against Polymarket Perps+0.199%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$540.542% of the position
Funding, last 7 days+0.080%+$8 on $10k
+Price spread, last 3 days (all we have)−0.826%−$83 · spread now +0.199%, 7d avg +0.002%
=The price spread pays, funding is against you. Gate is 0.197% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.199% now, against its 7-day average of +0.002%): +$20 on $10k if it goes back. Holding the pair costs −$26 a day in funding at the current rate, which eats that in about 18 hours. Mind the row above: over the last 7 days funding on this pair paid +0.080%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.080% in total (about 4.2% 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 | Polymarket Perps LIT-USD | 4.7156 | 0.0100 | pay 0.0013% / 1h | 46m 40s | $446K | $104K | 10x |
| Short | Gate LIT_USDT | 4.7250 | −0.0776 | pay 0.0388% / 4h | 3h 46m | $2.8M | $4.4M | 50x |
Polymarket Perps LIT-USD
Gate LIT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Polymarket Perps. 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
- −$183.96
- Price spread: +0.199% → +0.002%
- $19.7
- Slippage, 4 orders
- −$31.23
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$218.5
- Costs to cover
- 0.542%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 26 min ago; Gate: live order book, 1 min ago.
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 Polymarket Perps live order book, 26 min ago | 2.75 bp | 6.9 bp −$7 | 22.1 bp −$221 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 2.12 bp | 21.1 bp −$21 | 53.5 bp −$535 | doesn't fit | doesn't fit |
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 | −0.0776% | 4h | 4.7250 | +0.199% | $2.8M | $4.4M | 50x | |
| Deribit LIT_USDC-PERPETUAL | −0.0727% | 1h | 4.7158 | +0.004% | $41K | $40K | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0519% | 4h | 4.7125 | −0.066% | $32K | $2K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0464% | 1h | 4.7126 | −0.064% | $33K | $4K | 5x | as long as short |
| Bullet LIT-USD | −0.0345% | 1h | 4.7144 | −0.025% | $84K | $77K | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0275% | 4h | 4.7268 | +0.238% | $25.6M | $63.8M | 50x | as long as short |
| Backpack LIT_USDC_PERP | −0.0175% | 1h | 4.7256 | +0.212% | $680K | $1.4M | 5x | as long as short |
| ApeX Omni LITUSDT | −0.0170% | 1h | 4.7130 | −0.055% | $55K | $77K | 50x | as long as short |
| KuCoin LITUSDTM | −0.0166% | 4h | 4.7211 | +0.117% | $5.2M | $1.1M | 30x | as long as short |
| Phemex LITUSDT | −0.0106% | 4h | 4.7170 | +0.030% | $1.4M | $2.7M | 20x | as long as short |
Deribit LIT_USDC-PERPETUAL
Orderly PERP_LIT_USDC
01 Exchange LITUSD
Bullet LIT-USD
OKX LIT-USDT-SWAP
Backpack LIT_USDC_PERP
ApeX Omni LITUSDT
KuCoin LITUSDTM
Phemex LITUSDTShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LIT-PERP-INTX | −0.0088% | 1h | 4.7414 | +0.546% | $670K | $402K | 50x | as long as short |
| GRVT LIT_USDT_Perp | −0.0074% | 4h | 4.7138 | −0.039% | $894K | $1.8M | 10x | as long as short |
| Phoenix LIT | −0.0034% | 1h | 4.7178 | +0.047% | $204K | $361K | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7282 | +0.268% | $34K | — | 5x | as long as short |
| Perpl LIT | 0.0000% | 43m | 4.7197 | +0.088% | $31K | $860K | 33x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7211 | +0.117% | $35K | — | 150x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.875% | $422 | $178K | 5.5x | as long as short |
| Paradex LIT-USD-PERP | +0.0037% | 8h | 4.7123 | −0.069% | $7K | $2K | 5x | as long as short |
| Nado LIT-PERP | +0.0057% | 1h | 4.7174 | +0.039% | $2.2M | $1.7M | 10x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7265 | +0.231% | $59.1M | $29.5M | 5x | as long as short |
| Lighter RH LIT | +0.0096% | 1h | 4.7282 | +0.267% | $3.7M | $13.6M | 5x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7298 | +0.301% | $212.1M | $44.8M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7268 | +0.237% | $12.6M | $2.4M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7252 | +0.204% | $587K | $1.7M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7215 | +0.125% | $75.3M | $81.4M | 75x | as long as short |
| Bybit LITUSDT | +0.0100% | 4h | 4.7234 | +0.165% | $42.6M | $30.0M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7162 | +0.013% | $116K | $455K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7141 | −0.032% | $118K | $1K | 10x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7223 | +0.142% | $5.6M | $4.1M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7240 | +0.178% | $6.7M | $2.8M | 20x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7147 | −0.020% | $287K | $311K | 10x | as long as short |
| Polymarket Perps LIT-USDlong | +0.0100% | 1h | 4.7156 | long leg | $446K | $104K | 10x | |
| Derive LIT-PERP | +0.0100% | 1h | 4.7207 | +0.109% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7115 | −0.087% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7190 | +0.072% | $993 | $463K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7202 | +0.098% | $188K | $347K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7225 | +0.147% | $5.2M | $5.2M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7189 | +0.070% | $148K | — | 3x | as long as short |
| RISEx LIT/USDC | +0.0119% | 1h | 4.7189 | +0.070% | $794K | $2.0M | 5x | as long as short |
| Aftermath Perps LITUSD | +0.0290% | 1h | 4.7218 | +0.132% | $10K | $205K | 10x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7162 | +0.013% | $1.6M | $2.1M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0382% / S −0.0175% | 1h | 4.7184 | +0.060% | $62K | — | 50x | as long as short |
Coinbase International LIT-PERP-INTX
GRVT LIT_USDT_Perp
Phoenix LIT
dYdX LIT-USD
Perpl LIT
gTrade (Gains Network) LIT/USD
Injective LIT/USDC PERP
Paradex LIT-USD-PERP
Nado LIT-PERP
Lighter LIT
Lighter RH LIT
Hyperliquid LIT
Aster LITUSDT
Pacifica LIT
Binance LITUSDT
Bybit LITUSDT
Arcus LIT-USD
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
Aevo LIT-PERP
RISEx LIT/USDC
Aftermath Perps LITUSD
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]