Settings8H · net · $10k
Funding arb · Price arb /

LIT

all LIT markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0184%/8h= +20.1% APRnext payment +$0.23 per $10,000 · paid last 24h +0.058%
Price spread now: GMX against Injective−0.187%57s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. GMX is 0.187% cheaper against Injective than usual: you would sell low and buy high (spread −0.187% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$19 on $10k: about 3.4 days of funding at the current rate (+$6 a day). The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective LIT/USDC PERP4.80400.0033pay 0.0004% / 1h38m 16s$422$178K5.5x
ShortGMX LIT/USD [ETH-USDC]4.7950L +0.0425% / S −0.0217%get 0.0027% / 1h38m 16s$64K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Injective. 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

Funding earned
$38.58
Price spread: −0.187% → 0.000%
−$18.73
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee GMX: 6 bp × 2 orders
−$12
Net
$7.83
Costs to cover
0.120%
Break-even
5.6 days
Slippage unknown: Injective: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell GMX no order-book sample
Injective and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LIT_USDT_Perp−0.0680%4h4.8081+0.085%$896K$2.0M10xas long as short
01 Exchange LITUSD−0.0504%1h4.7872−0.350%$31K$3K5xas long as short
Orderly PERP_LIT_USDC−0.0393%4h4.7865−0.364%$33K$31310xas long as short
Deribit LIT_USDC-PERPETUAL−0.0355%1h4.7927−0.236%$42K$39K10xas long as short
Coinbase International LIT-PERP-INTX−0.0304%1h4.7877−0.340%$606K$348K50xas long as short
Bullet LIT-USD−0.0262%1h4.7932−0.225%$86K$66K20xas long as short
OKX LIT-USDT-SWAP−0.0170%4h4.7948−0.192%$25.9M$59.2M50xas long as short
ApeX Omni LITUSDT−0.0135%1h4.7950−0.187%$57K$75K50xas long as short
Gate LIT_USDT−0.0112%4h4.7940−0.208%$2.8M$4.0M50xas long as short
Bybit LITUSDT−0.0042%4h4.7911−0.269%$41.7M$27.4M75xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX LIT-USD0.0000%1h4.7922−0.246%$34K5xas long as short
Nado LIT-PERP+0.0002%1h4.7945−0.198%$2.1M$1.6M10xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7952−0.183%$36K150xas long as short
Phoenix LIT+0.0017%1h4.8019−0.044%$206K$288K5xas long as short
Injective LIT/USDC PERPlong+0.0033%1h4.8040long leg$422$178K5.5x
Backpack LIT_USDC_PERP+0.0037%1h4.7970−0.146%$684K$987K5xas long as short
Phemex LITUSDT+0.0066%4h4.7910−0.271%$1.4M$2.7M20xas long as short
Paradex LIT-USD-PERP+0.0095%8h4.7863−0.368%$7K$2K5xas long as short
Lighter LIT+0.0096%1h4.7966−0.154%$59.7M$26.0M5xas long as short
Lighter RH LIT+0.0096%1h4.7984−0.117%$3.7M$12.2M5xas long as short
Hyperliquid LIT+0.0100%1h4.8028−0.025%$217.0M$38.2M5xas long as short
Pacifica LIT+0.0100%1h4.7918−0.254%$674K$1.8M10xas long as short
Binance LITUSDT+0.0100%4h4.7908−0.274%$76.9M$73.4M75xas long as short
Arcus LIT-USD+0.0100%1h4.7950−0.187%$127K$436K5xas long as short
Bulk LIT-USD+0.0100%1h4.7909−0.273%$121K$2K10xas long as short
MEXC LIT_USDT+0.0100%4h4.7916−0.258%$6.2M$3.9M100xas long as short
KuCoin LITUSDTM+0.0100%4h4.7931−0.227%$5.5M$921K30xas long as short
Bitget LITUSDT+0.0100%4h4.7940−0.208%$6.8M$2.4M20xas long as short
edgeX LITUSDC+0.0100%4h4.8030−0.021%$294K$302K10xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7970−0.146%$447K$85K10xas long as short
Derive LIT-PERP+0.0100%1h4.8031−0.019%$2K$9616.7xas long as short
SunX LIT-USDT+0.0100%4h4.7935−0.219%$4K$1.1M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7927−0.235%$1K$332K5xas long as short
HTX LIT-USDT+0.0100%4h4.8010−0.062%$193K$313K30xas long as short
Extended LIT-USD+0.0104%1h4.7911−0.268%$5.1M$5.2M25xas long as short
Aevo LIT-PERP+0.0104%1h4.7904−0.284%$150K3xas long as short
RISEx LIT/USDC+0.0118%1h4.7981−0.122%$799K$2.3M5xas long as short
Aster LITUSDT+0.0274%4h4.7977−0.131%$12.8M$2.0M50xas long as short
Perpl LIT+0.0335%43m4.7980−0.126%$32K$630K33xas long as short
BloFin LIT-USDT+0.0340%4h4.7872−0.350%$1.6M$2.3M75xas long as short
GMX LIT/USD [ETH-USDC]shortL +0.0425% / S −0.0217%1h4.7950−0.187%$64K50x
Aftermath Perps LITUSD+0.0484%1h4.8065+0.052%$9K$201K10xas long as short