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
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 0.187% 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.
| 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 | 38m 16s | $422 | $178K | 5.5x |
| Short | GMX LIT/USD [ETH-USDC] | 4.7950 | L +0.0425% / S −0.0217% | get 0.0027% / 1h | 38m 16s | $64K | — | 50x |
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 itlatest
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| Leg | Half-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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LIT_USDT_Perp | −0.0680% | 4h | 4.8081 | +0.085% | $896K | $2.0M | 10x | as long as short |
| 01 Exchange LITUSD | −0.0504% | 1h | 4.7872 | −0.350% | $31K | $3K | 5x | as long as short |
| Orderly PERP_LIT_USDC | −0.0393% | 4h | 4.7865 | −0.364% | $33K | $313 | 10x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0355% | 1h | 4.7927 | −0.236% | $42K | $39K | 10x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0304% | 1h | 4.7877 | −0.340% | $606K | $348K | 50x | as long as short |
| Bullet LIT-USD | −0.0262% | 1h | 4.7932 | −0.225% | $86K | $66K | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0170% | 4h | 4.7948 | −0.192% | $25.9M | $59.2M | 50x | as long as short |
| ApeX Omni LITUSDT | −0.0135% | 1h | 4.7950 | −0.187% | $57K | $75K | 50x | as long as short |
| Gate LIT_USDT | −0.0112% | 4h | 4.7940 | −0.208% | $2.8M | $4.0M | 50x | as long as short |
| Bybit LITUSDT | −0.0042% | 4h | 4.7911 | −0.269% | $41.7M | $27.4M | 75x | as long as short |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX LIT-USD | 0.0000% | 1h | 4.7922 | −0.246% | $34K | — | 5x | as long as short |
| Nado LIT-PERP | +0.0002% | 1h | 4.7945 | −0.198% | $2.1M | $1.6M | 10x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7952 | −0.183% | $36K | — | 150x | as long as short |
| Phoenix LIT | +0.0017% | 1h | 4.8019 | −0.044% | $206K | $288K | 5x | as long as short |
| Injective LIT/USDC PERPlong | +0.0033% | 1h | 4.8040 | long leg | $422 | $178K | 5.5x | |
| Backpack LIT_USDC_PERP | +0.0037% | 1h | 4.7970 | −0.146% | $684K | $987K | 5x | as long as short |
| Phemex LITUSDT | +0.0066% | 4h | 4.7910 | −0.271% | $1.4M | $2.7M | 20x | as long as short |
| Paradex LIT-USD-PERP | +0.0095% | 8h | 4.7863 | −0.368% | $7K | $2K | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7966 | −0.154% | $59.7M | $26.0M | 5x | as long as short |
| Lighter RH LIT | +0.0096% | 1h | 4.7984 | −0.117% | $3.7M | $12.2M | 5x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.8028 | −0.025% | $217.0M | $38.2M | 5x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7918 | −0.254% | $674K | $1.8M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7908 | −0.274% | $76.9M | $73.4M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7950 | −0.187% | $127K | $436K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7909 | −0.273% | $121K | $2K | 10x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7916 | −0.258% | $6.2M | $3.9M | 100x | as long as short |
| KuCoin LITUSDTM | +0.0100% | 4h | 4.7931 | −0.227% | $5.5M | $921K | 30x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7940 | −0.208% | $6.8M | $2.4M | 20x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.8030 | −0.021% | $294K | $302K | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7970 | −0.146% | $447K | $85K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.8031 | −0.019% | $2K | $961 | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7935 | −0.219% | $4K | $1.1M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7927 | −0.235% | $1K | $332K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.8010 | −0.062% | $193K | $313K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7911 | −0.268% | $5.1M | $5.2M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7904 | −0.284% | $150K | — | 3x | as long as short |
| RISEx LIT/USDC | +0.0118% | 1h | 4.7981 | −0.122% | $799K | $2.3M | 5x | as long as short |
| Aster LITUSDT | +0.0274% | 4h | 4.7977 | −0.131% | $12.8M | $2.0M | 50x | as long as short |
| Perpl LIT | +0.0335% | 43m | 4.7980 | −0.126% | $32K | $630K | 33x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7872 | −0.350% | $1.6M | $2.3M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC]short | L +0.0425% / S −0.0217% | 1h | 4.7950 | −0.187% | $64K | — | 50x | |
| Aftermath Perps LITUSD | +0.0484% | 1h | 4.8065 | +0.052% | $9K | $201K | 10x | as long as short |
Injective LIT/USDC PERP
GMX LIT/USD [ETH-USDC]
GRVT LIT_USDT_Perp
01 Exchange LITUSD
Deribit LIT_USDC-PERPETUAL
Coinbase International LIT-PERP-INTX
Bullet LIT-USD
OKX LIT-USDT-SWAP
ApeX Omni LITUSDT
Gate LIT_USDT
Bybit LITUSDT
gTrade (Gains Network) LIT/USD
Phoenix LIT
Backpack LIT_USDC_PERP
Phemex LITUSDT
Paradex LIT-USD-PERP
Lighter LIT
Lighter RH LIT
Hyperliquid LIT
Pacifica LIT
Binance LITUSDT
Bulk LIT-USD
MEXC LIT_USDT
KuCoin LITUSDTM
Bitget LITUSDT
edgeX LITUSDC
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Extended LIT-USD
RISEx LIT/USDC
Aster LITUSDT
BloFin LIT-USDT
Aftermath Perps LITUSD