Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0359%/8h= +39.3% APRpaid last 24h +0.114%

Price spread now: GMX against Gate−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 Gate Short on GMX

What this pair did over the last

the charts below follow

Funding, last 4 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

Funding pays, the price is against you. GMX is 0.047% cheaper against Gate than usual: you would sell low and buy high (spread −0.047% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 10 hours of funding at the current rate (+$11 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate LIT_USDT	4.7780	−0.0142	get 0.0071% / 4h	9m 59s	$2.8M	$3.4M	50x
Short	GMX LIT/USD [ETH-USDC]	4.7758	L +0.0423% / S −0.0217%	get 0.0027% / 1h	9m 59s	$64K	—	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Gate. 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 GatebpFee GMXbpOrdersPrice spread, now −0.047%Rate

Funding earned: $75.4
Price spread: −0.047% → 0.000%: −$4.67
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee GMX: 6 bp × 2 orders: −$12
Net: $43.73
Costs to cover: 0.270%
Break-even: 2.9 days

Slippage unknown: Gate: live order book, 1 min ago; GMX: 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, 1 min ago	2.10 bp	27.9 bp −$28	73.8 bp −$738	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

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 exchanges

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
Orderly PERP_LIT_USDC	−0.0386%	4h	4.7676	−0.218%	$33K	$313	10x	as long as short
01 Exchange LITUSD	−0.0360%	1h	4.7644	−0.285%	$31K	$3K	5x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0288%	1h	4.7730	−0.105%	$42K	$19K	10x	as long as short
Bullet LIT-USD	−0.0272%	1h	4.7719	−0.128%	$85K	$44K	20x	as long as short
Coinbase International LIT-PERP-INTX	−0.0240%	1h	4.7737	−0.091%	$606K	$298K	50x	as long as short
Gate LIT_USDTlong	−0.0142%	4h	4.7780	long leg	$2.8M	$3.4M	50x
Polymarket Perps LIT-USD	−0.0131%	1h	4.7708	−0.151%	$457K	$125K	10x	as long as short
GRVT LIT_USDT_Perp	−0.0126%	4h	4.7664	−0.244%	$880K	$1.9M	10x	as long as short
ApeX Omni LITUSDT	−0.0041%	1h	4.7720	−0.126%	$57K	$77K	50x	as long as short
OKX LIT-USDT-SWAP	−0.0040%	4h	4.7789	+0.019%	$26.0M	$53.5M	50x	as long as short

Show all 42 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX LIT-USD	0.0000%	1h	4.7707	−0.154%	$34K	—	5x	as long as short
Extended LIT-USD	0.0000%	1h	4.7733	−0.099%	$5.1M	$4.9M	25x	as long as short
Backpack LIT_USDC_PERP	+0.0001%	1h	4.7764	−0.033%	$681K	$858K	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7760	−0.042%	$35K	—	150x	as long as short
Pacifica LIT	+0.0023%	1h	4.7698	−0.171%	$631K	$1.5M	10x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.544%	$422	$178K	5.5x	as long as short
Phoenix LIT	+0.0050%	1h	4.7769	−0.023%	$205K	$269K	5x	as long as short
Bybit LITUSDT	+0.0056%	4h	4.7760	−0.042%	$41.4M	$24.2M	75x	as long as short
Nado LIT-PERP	+0.0081%	1h	4.7610	−0.356%	$2.1M	$1.4M	10x	as long as short
RISEx LIT/USDC	+0.0081%	1h	4.7718	−0.129%	$793K	$2.4M	5x	as long as short
Paradex LIT-USD-PERP	+0.0082%	8h	4.7670	−0.230%	$7K	$1K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7777	−0.006%	$59.6M	$23.2M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.7790	+0.021%	$3.4M	$12.2M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7805	+0.052%	$215.6M	$34.7M	5x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7770	−0.021%	$76.9M	$65.3M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7716	−0.134%	$135K	$356K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7681	−0.207%	$159K	$50K	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7736	−0.092%	$6.3M	$3.6M	100x	as long as short
KuCoin LITUSDTM	+0.0100%	4h	4.7781	+0.002%	$5.5M	$633K	30x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7790	+0.021%	$6.9M	$2.1M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7661	−0.250%	$293K	$299K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7759	−0.044%	$2K	$961	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7671	−0.228%	$4K	$1.0M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7748	−0.067%	$4K	$294K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7708	−0.151%	$191K	$229K	30x	as long as short
Phemex LITUSDT	+0.0100%	4h	4.7750	−0.063%	$1.5M	$2.7M	20x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7752	−0.058%	$149K	—	3x	as long as short
Aster LITUSDT	+0.0114%	4h	4.7821	+0.087%	$12.8M	$1.7M	50x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7653	−0.266%	$1.6M	$2.4M	75x	as long as short
Aftermath Perps LITUSD	+0.0356%	1h	4.7683	−0.202%	$10K	$184K	10x	as long as short
GMX LIT/USD [ETH-USDC]short	L +0.0423% / S −0.0217%	1h	4.7758	−0.047%	$64K	—	50x
Perpl LIT	+0.0447%	43m	4.7717	−0.131%	$28K	$533K	33x	as long as short