Funding you earn now, next payment 02:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h −0.005%
Price spread now: Polymarket Perps against Injective−2.171%111s7-day average +9.960% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.087%−$9 on $10k
+Price spread, last 3 days (all we have)+16.843%+$1,684 · spread now −2.171%, 7d avg +9.960%
=Funding pays, the price is against you. Polymarket Perps is 12.131% cheaper against Injective than usual: you would sell low and buy high (spread −2.171% now, against its 7-day average of +9.960%). If the spread goes back, that is −$1,213 on $10k: about 20 months of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.087%, so the current rate has only just turned in your favour. The two prices were read 111 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 | Injective LIT/USDC PERP | 4.8040 | 0.0033 | pay 0.0004% / 1h | 47m 21s | $422 | $178K | 5.5x |
| Short | Polymarket Perps LIT-USD | 4.6997 | 0.0100 | get 0.0013% / 1h | 47m 21s | $444K | $104K | 10x |
Injective LIT/USDC PERP
Polymarket Perps LIT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Injective. 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
- $14
- Price spread: −2.171% → +9.960%
- −$1,213.09
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$1,207.11
- Costs to cover
- 0.080%
- Break-even
- 610.6 days
Slippage unknown: Injective: 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 Injective no order-book sample | — | — | — | — | — |
| Sell Polymarket Perps live order book, 20 min ago | 3.24 bp | 7.6 bp −$8 | 26.4 bp −$264 | doesn't fit | doesn't fit |
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 | −0.0812% | 1h | 4.7045 | −2.072% | $41K | $40K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0568% | 1h | 4.6949 | −2.271% | $33K | $4K | 5x | as long as short |
| Orderly PERP_LIT_USDC | −0.0467% | 4h | 4.6953 | −2.263% | $32K | $2K | 10x | as long as short |
| Bullet LIT-USD | −0.0392% | 1h | 4.7008 | −2.149% | $84K | $72K | 20x | as long as short |
| Backpack LIT_USDC_PERP | −0.0196% | 1h | 4.7079 | −2.000% | $682K | $1.4M | 5x | as long as short |
| OKX LIT-USDT-SWAP | −0.0173% | 4h | 4.7000 | −2.165% | $25.6M | $63.8M | 50x | as long as short |
| Gate LIT_USDT | −0.0170% | 4h | 4.7040 | −2.082% | $2.8M | $4.2M | 50x | as long as short |
| KuCoin LITUSDTM | −0.0136% | 4h | 4.7066 | −2.027% | $5.3M | $1.1M | 30x | as long as short |
| GRVT LIT_USDT_Perp | −0.0122% | 4h | 4.7120 | −1.915% | $895K | $1.8M | 10x | as long as short |
| Phoenix LIT | −0.0102% | 1h | 4.7162 | −1.828% | $203K | $352K | 5x | as long as short |
Deribit LIT_USDC-PERPETUAL
01 Exchange LITUSD
Orderly PERP_LIT_USDC
Bullet LIT-USD
Backpack LIT_USDC_PERP
OKX LIT-USDT-SWAP
Gate LIT_USDT
KuCoin LITUSDTM
GRVT LIT_USDT_Perp
Phoenix LITShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LIT-PERP-INTX | −0.0080% | 1h | 4.7209 | −1.730% | $668K | $387K | 50x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7022 | −2.118% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S 0.0000% | 1h | 4.7048 | −2.065% | $471 | — | 150x | as long as short |
| Bulk LIT-USD | +0.0028% | 1h | 4.6991 | −2.183% | $117K | $1K | 10x | as long as short |
| Injective LIT/USDC PERPlong | +0.0033% | 1h | 4.8040 | long leg | $422 | $178K | 5.5x | |
| Paradex LIT-USD-PERP | +0.0043% | 8h | 4.6967 | −2.233% | $7K | $2K | 5x | as long as short |
| RISEx LIT/USDC | +0.0081% | 1h | 4.7035 | −2.093% | $784K | $2.0M | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7055 | −2.050% | $58.9M | $29.2M | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.6975 | −2.217% | $2.2M | $1.7M | 10x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7075 | −2.009% | $211.0M | $44.3M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7055 | −2.050% | $12.6M | $2.1M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7024 | −2.115% | $583K | $1.7M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.6995 | −2.175% | $75.1M | $80.4M | 75x | as long as short |
| Bybit LITUSDT | +0.0100% | 4h | 4.7030 | −2.102% | $42.2M | $29.8M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7004 | −2.157% | $116K | $448K | 5x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.6971 | −2.225% | $5.4M | $4.0M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7020 | −2.123% | $6.7M | $2.7M | 20x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7154 | −1.844% | $287K | $306K | 10x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7150 | −1.853% | $56K | $77K | 50x | as long as short |
| Polymarket Perps LIT-USDshort | +0.0100% | 1h | 4.6997 | −2.171% | $444K | $104K | 10x | |
| Derive LIT-PERP | +0.0100% | 1h | 4.7075 | −2.009% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7065 | −2.030% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7050 | −2.061% | $1K | $457K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7254 | −1.636% | $189K | $354K | 30x | as long as short |
| Phemex LITUSDT | +0.0100% | 4h | 4.7030 | −2.102% | $1.4M | $2.7M | 20x | as long as short |
| Lighter RH LIT | +0.0104% | 1h | 4.7090 | −1.978% | $3.7M | $13.2M | 5x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.6963 | −2.242% | $5.2M | $5.1M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7019 | −2.125% | $147K | — | 3x | as long as short |
| Aftermath Perps LITUSD | +0.0339% | 1h | 4.7101 | −1.954% | $9K | $209K | 10x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7139 | −1.876% | $1.6M | $2.0M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0402% / S −0.0195% | 1h | 4.7045 | −2.072% | $63K | — | 50x | as long as short |
| Perpl LIT | +0.0447% | 43m | 4.7034 | −2.093% | $31K | $861K | 33x | as long as short |
Coinbase International LIT-PERP-INTX
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
Bulk LIT-USD
Paradex LIT-USD-PERP
RISEx LIT/USDC
Lighter LIT
Nado LIT-PERP
Hyperliquid LIT
Aster LITUSDT
Pacifica LIT
Binance LITUSDT
Bybit LITUSDT
Arcus LIT-USD
MEXC LIT_USDT
Bitget LITUSDT
edgeX LITUSDC
ApeX Omni LITUSDT
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Phemex LITUSDT
Lighter RH LIT
Extended LIT-USD
Aevo LIT-PERP
Aftermath Perps LITUSD
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]
Perpl LIT