Funding you earn now, next payment 02:00 UTC−0.0196%/8h= −21.5% APRpaid last 24h −0.041%
Price spread now: Gate against Polymarket Perps+0.084%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$640.639% of the position
Funding, last 7 days+0.080%+$8 on $10k
+Price spread, last 4 days (all we have)−3.397%−$340 · spread now +0.084%, 7d avg +0.005%
=The price spread pays, funding is against you. Gate is 0.080% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.084% now, against its 7-day average of +0.005%): +$8 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 33 hours. Mind the row above: over the last 7 days funding on this pair paid +0.080%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.080% in total (about 4.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps LIT-USD | 4.7400 | 0.0100 | pay 0.0013% / 1h | 22m 48s | $448K | $104K | 10x |
| Short | Gate LIT_USDT | 4.7440 | −0.0096 | pay 0.0048% / 4h | 2h 22m | $2.8M | $4.3M | 50x |
Polymarket Perps LIT-USD
Gate LIT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$41.16
- Price spread: +0.084% → +0.005%
- $7.97
- Slippage, 4 orders
- −$40.87
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$97.05
- Costs to cover
- 0.639%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 45 min ago; Gate: live order book, 5 min ago.
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, 45 min ago | 3.24 bp | 9.8 bp −$10 | 20.3 bp −$203 | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 2.11 bp | 20.0 bp −$20 | 65.8 bp −$658 | doesn't fit | doesn't fit |
LIT on 41 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange LITUSD | −0.0624% | 1h | 4.7298 | −0.215% | $33K | $4K | 5x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0612% | 1h | 4.7382 | −0.039% | $42K | $40K | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0460% | 4h | 4.7312 | −0.186% | $32K | $2K | 10x | as long as short |
| Bullet LIT-USD | −0.0456% | 1h | 4.7393 | −0.015% | $85K | $73K | 20x | as long as short |
| ApeX Omni LITUSDT | −0.0197% | 1h | 4.7380 | −0.042% | $57K | $77K | 50x | as long as short |
| GRVT LIT_USDT_Perp | −0.0182% | 4h | 4.7350 | −0.105% | $900K | $1.8M | 10x | as long as short |
| Phemex LITUSDT | −0.0145% | 4h | 4.7370 | −0.063% | $1.4M | $2.7M | 20x | as long as short |
| KuCoin LITUSDTM | −0.0138% | 4h | 4.7427 | +0.057% | $5.3M | $1.1M | 30x | as long as short |
| OKX LIT-USDT-SWAP | −0.0136% | 4h | 4.7470 | +0.148% | $25.8M | $64.0M | 50x | as long as short |
| Phoenix LIT | −0.0102% | 1h | 4.7396 | −0.008% | $205K | $352K | 5x | as long as short |
01 Exchange LITUSD
Deribit LIT_USDC-PERPETUAL
Orderly PERP_LIT_USDC
Bullet LIT-USD
ApeX Omni LITUSDT
GRVT LIT_USDT_Perp
Phemex LITUSDT
KuCoin LITUSDTM
OKX LIT-USDT-SWAP
Phoenix LITShow all 41 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate LIT_USDTshort | −0.0096% | 4h | 4.7440 | +0.084% | $2.8M | $4.3M | 50x | |
| Coinbase International LIT-PERP-INTX | −0.0080% | 1h | 4.7409 | +0.018% | $671K | $374K | 50x | as long as short |
| Bulk LIT-USD | −0.0039% | 1h | 4.7299 | −0.213% | $118K | $1K | 10x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7411 | +0.022% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S 0.0000% | 1h | 4.7438 | +0.080% | $475 | — | 150x | as long as short |
| Bybit LITUSDT | +0.0009% | 4h | 4.7450 | +0.105% | $42.4M | $29.3M | 75x | as long as short |
| Paradex LIT-USD-PERP | +0.0033% | 8h | 4.7346 | −0.115% | $7K | $2K | 5x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.350% | $422 | $178K | 5.5x | as long as short |
| SoDEX LIT-USD | +0.0074% | 1h | 4.7390 | −0.021% | $1K | $448K | 5x | as long as short |
| RISEx LIT/USDC | +0.0081% | 1h | 4.7376 | −0.051% | $790K | $2.0M | 5x | as long as short |
| Backpack LIT_USDC_PERP | +0.0095% | 1h | 4.7431 | +0.065% | $687K | $1.4M | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7514 | +0.241% | $59.5M | $29.5M | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.7375 | −0.053% | $2.2M | $1.7M | 10x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7532 | +0.278% | $212.7M | $42.7M | 5x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7407 | +0.015% | $588K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7431 | +0.065% | $75.7M | $80.4M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7365 | −0.074% | $117K | $448K | 5x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7435 | +0.074% | $5.5M | $4.1M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7490 | +0.190% | $6.8M | $2.7M | 20x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7361 | −0.083% | $288K | $304K | 10x | as long as short |
| Polymarket Perps LIT-USDlong | +0.0100% | 1h | 4.7400 | long leg | $448K | $104K | 10x | |
| Derive LIT-PERP | +0.0100% | 1h | 4.7407 | +0.014% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7434 | +0.072% | $4K | $1.2M | 20x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7440 | +0.084% | $190K | $354K | 30x | as long as short |
| Aster LITUSDT | +0.0103% | 4h | 4.7514 | +0.241% | $12.7M | $2.1M | 50x | as long as short |
| Lighter RH LIT | +0.0104% | 1h | 4.7545 | +0.306% | $3.7M | $13.3M | 5x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7432 | +0.068% | $5.2M | $5.1M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7370 | −0.064% | $148K | — | 3x | as long as short |
| Aftermath Perps LITUSD | +0.0255% | 1h | 4.7310 | −0.190% | $9K | $211K | 10x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0405% / S −0.0197% | 1h | 4.7424 | +0.051% | $63K | — | 50x | as long as short |
| Perpl LIT | +0.0447% | 43m | 4.7398 | −0.004% | $31K | $856K | 33x | as long as short |
Coinbase International LIT-PERP-INTX
Bulk LIT-USD
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
Bybit LITUSDT
Paradex LIT-USD-PERP
Injective LIT/USDC PERP
SoDEX LIT-USD
RISEx LIT/USDC
Backpack LIT_USDC_PERP
Lighter LIT
Nado LIT-PERP
Hyperliquid LIT
Pacifica LIT
Binance LITUSDT
Arcus LIT-USD
MEXC LIT_USDT
Bitget LITUSDT
edgeX LITUSDC
Derive LIT-PERP
SunX LIT-USDT
HTX LIT-USDT
Aster LITUSDT
Lighter RH LIT
Extended LIT-USD
Aevo LIT-PERP
Aftermath Perps LITUSD
GMX LIT/USD [ETH-USDC]
Perpl LIT