Funding you earn now, next payment 00:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h +0.005%
Price spread now: Injective against Polymarket Perps+1.269%51s7-day average −10.274% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.088%+$9 on $10k
+Price spread, last 3 days (all we have)−16.550%−$1,655 · spread now +1.269%, 7d avg −10.274%
=The price spread pays, funding is against you. Injective is 11.543% dearer against Polymarket Perps than usual: you sell high and buy low (spread +1.269% now, against its 7-day average of −10.274%): +$1,154 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 19 months. Mind the row above: over the last 7 days funding on this pair paid +0.088%, so the current rate has only just turned against you. The two prices were read 51 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 | Polymarket Perps LIT-USD | 4.7438 | 0.0100 | pay 0.0013% / 1h | 25m 46s | $448K | $105K | 10x |
| Short | Injective LIT/USDC PERP | 4.8040 | 0.0033 | get 0.0004% / 1h | 25m 46s | $422 | $178K | 5.5x |
Polymarket Perps LIT-USD
Injective LIT/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$14
- Price spread: +1.269% → −10.274%
- $1,154.28
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $1,132.26
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Polymarket Perps: live order book, 52 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 Polymarket Perps live order book, 52 min ago | 3.20 bp | 10.6 bp −$11 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate LIT_USDT | −0.0852% | 4h | 4.7420 | −0.038% | $2.8M | $4.5M | 50x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0777% | 1h | 4.7387 | −0.107% | $42K | $40K | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0577% | 4h | 4.7329 | −0.230% | $32K | $2K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0560% | 1h | 4.7374 | −0.135% | $33K | $4K | 5x | as long as short |
| OKX LIT-USDT-SWAP | −0.0402% | 4h | 4.7353 | −0.179% | $25.7M | $63.8M | 50x | as long as short |
| Phemex LITUSDT | −0.0343% | 4h | 4.7370 | −0.143% | $1.4M | $2.7M | 20x | as long as short |
| Bullet LIT-USD | −0.0327% | 1h | 4.7401 | −0.077% | $85K | $80K | 20x | as long as short |
| KuCoin LITUSDTM | −0.0202% | 4h | 4.7438 | 0.000% | $5.2M | $1.1M | 30x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0120% | 1h | 4.7608 | +0.359% | $673K | $402K | 50x | as long as short |
| GRVT LIT_USDT_Perp | −0.0108% | 4h | 4.7364 | −0.157% | $900K | $1.8M | 10x | as long as short |
Gate LIT_USDT
Deribit LIT_USDC-PERPETUAL
Orderly PERP_LIT_USDC
01 Exchange LITUSD
OKX LIT-USDT-SWAP
Phemex LITUSDT
Bullet LIT-USD
KuCoin LITUSDTM
Coinbase International LIT-PERP-INTX
GRVT LIT_USDT_PerpShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix LIT | −0.0050% | 1h | 4.7369 | −0.145% | $206K | $353K | 5x | as long as short |
| Bybit LITUSDT | −0.0020% | 4h | 4.7351 | −0.183% | $42.7M | $30.0M | 75x | as long as short |
| Perpl LIT | 0.0000% | 43m | 4.7449 | +0.022% | $31K | $840K | 33x | as long as short |
| dYdX LIT-USD | +0.0001% | 1h | 4.7372 | −0.138% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7442 | +0.008% | $35K | — | 150x | as long as short |
| RISEx LIT/USDC | +0.0012% | 1h | 4.7472 | +0.071% | $817K | $2.1M | 5x | as long as short |
| Paradex LIT-USD-PERP | +0.0024% | 8h | 4.7430 | −0.017% | $7K | $2K | 5x | as long as short |
| Injective LIT/USDC PERPshort | +0.0033% | 1h | 4.8040 | +1.269% | $422 | $178K | 5.5x | |
| edgeX LITUSDC | +0.0086% | 4h | 4.7392 | −0.097% | $288K | $312K | 10x | as long as short |
| MEXC LIT_USDT | +0.0092% | 4h | 4.7343 | −0.200% | $5.5M | $4.1M | 100x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7412 | −0.055% | $59.6M | $30.0M | 5x | as long as short |
| Binance LITUSDT | +0.0098% | 4h | 4.7325 | −0.238% | $75.4M | $81.6M | 75x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.7428 | −0.020% | $2.2M | $1.7M | 10x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7446 | +0.017% | $12.7M | $2.4M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7381 | −0.120% | $590K | $1.7M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7446 | +0.017% | $120K | $456K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7353 | −0.179% | $118K | $4K | 10x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7390 | −0.101% | $6.7M | $2.8M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.7421 | −0.036% | $673K | $1.4M | 5x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7460 | +0.046% | $56K | $77K | 50x | as long as short |
| Polymarket Perps LIT-USDlong | +0.0100% | 1h | 4.7438 | long leg | $448K | $105K | 10x | |
| Derive LIT-PERP | +0.0100% | 1h | 4.7420 | −0.039% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7443 | +0.011% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7405 | −0.070% | $984 | $466K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7600 | +0.341% | $190K | $330K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7357 | −0.171% | $5.2M | $5.1M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7375 | −0.133% | $148K | $44K | 3x | as long as short |
| Aftermath Perps LITUSD | +0.0182% | 1h | 4.7478 | +0.084% | $13K | $203K | 10x | as long as short |
| Lighter RH LIT | +0.0184% | 1h | 4.7434 | −0.008% | $3.7M | $13.9M | 5x | as long as short |
| Hyperliquid LIT | +0.0204% | 1h | 4.7438 | 0.000% | $212.7M | $44.9M | 5x | as long as short |
| BloFin LIT-USDT | +0.0332% | 4h | 4.7457 | +0.040% | $1.6M | $2.1M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0377% / S −0.0169% | 1h | 4.7431 | −0.015% | $62K | — | 50x | as long as short |
Phoenix LIT
Bybit LITUSDT
Perpl LIT
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
RISEx LIT/USDC
Paradex LIT-USD-PERP
edgeX LITUSDC
MEXC LIT_USDT
Lighter LIT
Binance LITUSDT
Nado LIT-PERP
Aster LITUSDT
Pacifica LIT
Arcus LIT-USD
Bulk LIT-USD
Bitget LITUSDT
Backpack LIT_USDC_PERP
ApeX Omni LITUSDT
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Extended LIT-USD
Aevo LIT-PERP
Aftermath Perps LITUSD
Lighter RH LIT
Hyperliquid LIT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]