LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0860%/8h= +94.2% APRnext payment +$1.08 per $10,000 · paid last 24h +0.231%

Price spread now: GMX against Deribit−0.201%54s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Deribit Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 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 0.201% cheaper against Deribit than usual: you would sell low and buy high (spread −0.201% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$20 on $10k: about 19 hours of funding at the current rate (+$26 a day). The two prices were read 54 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	Deribit LIT_USDC-PERPETUAL	4.6861	−0.0643	get 0.0080% / 1h	52m 22s	$41K	$40K	10x
Short	GMX LIT/USD [ETH-USDC]	4.6767	L +0.0418% / S −0.0217%	get 0.0027% / 1h	52m 22s	$62K	—	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Deribit. 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 DeribitbpFee GMXbpOrdersPrice spread, now −0.201%Rate

Funding earned: $180.68
Price spread: −0.201% → 0.000%: −$20.11
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee GMX: 6 bp × 2 orders: −$12
Net: $141.57
Costs to cover: 0.190%
Break-even: 1.5 days

Slippage unknown: Deribit: 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 Deribit no order-book sample	—	—	—	—	—
Sell GMX no order-book sample	—	—	—	—	—

Deribit 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
Deribit LIT_USDC-PERPETUALlong	−0.0643%	1h	4.6861	long leg	$41K	$40K	10x
01 Exchange LITUSD	−0.0456%	1h	4.6685	−0.376%	$32K	$4K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0385%	4h	4.6719	−0.304%	$32K	$1K	10x	as long as short
Bullet LIT-USD	−0.0317%	1h	4.6745	−0.248%	$84K	$68K	20x	as long as short
Coinbase International LIT-PERP-INTX	−0.0192%	1h	4.6848	−0.029%	$612K	$404K	50x	as long as short
Gate LIT_USDT	−0.0170%	4h	4.6810	−0.109%	$2.7M	$4.2M	50x	as long as short
ApeX Omni LITUSDT	−0.0152%	1h	4.6820	−0.088%	$56K	$76K	50x	as long as short
Phemex LITUSDT	−0.0109%	4h	4.6850	−0.024%	$1.4M	$2.8M	20x	as long as short
Backpack LIT_USDC_PERP	−0.0080%	1h	4.6893	+0.068%	$664K	$1.4M	5x	as long as short
Phoenix LIT	−0.0034%	1h	4.6943	+0.174%	$202K	$305K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit LITUSDT	−0.0014%	4h	4.6728	−0.284%	$41.3M	$28.5M	75x	as long as short
KuCoin LITUSDTM	−0.0004%	4h	4.6835	−0.056%	$5.2M	$1.0M	30x	as long as short
OKX LIT-USDT-SWAP	0.0000%	4h	4.6750	−0.238%	$25.1M	$61.4M	50x	as long as short
dYdX LIT-USD	0.0000%	1h	4.6862	+0.002%	$34K	—	5x	as long as short
Polymarket Perps LIT-USD	+0.0003%	1h	4.6761	−0.214%	$437K	$109K	10x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.6800	−0.131%	$11K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.515%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0058%	8h	4.6743	−0.252%	$7K	$2K	5x	as long as short
RISEx LIT/USDC	+0.0073%	1h	4.6777	−0.179%	$780K	$2.1M	5x	as long as short
GRVT LIT_USDT_Perp	+0.0076%	4h	4.6832	−0.063%	$915K	$1.8M	10x	as long as short
Lighter LIT	+0.0096%	1h	4.6819	−0.090%	$58.3M	$28.5M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.6851	−0.022%	$3.6M	$13.1M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.6736	−0.267%	$2.1M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.6814	−0.102%	$209.3M	$41.8M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.6800	−0.131%	$581K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.6737	−0.266%	$74.6M	$79.0M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.6759	−0.218%	$122K	$453K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.6887	+0.055%	$117K	$973	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.6757	−0.223%	$5.5M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.6850	−0.024%	$6.8M	$2.6M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.6847	−0.030%	$285K	$303K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.6766	−0.204%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.6917	+0.119%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.6865	+0.008%	$2K	$397K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.6942	+0.172%	$198K	$388K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.6741	−0.257%	$5.1M	$5.0M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.6739	−0.262%	$146K	—	3x	as long as short
Aftermath Perps LITUSD	+0.0148%	1h	4.6874	+0.026%	$8K	$206K	10x	as long as short
Aster LITUSDT	+0.0201%	4h	4.6843	−0.039%	$12.5M	$2.0M	50x	as long as short
Perpl LIT	+0.0335%	43m	4.6784	−0.166%	$31K	$793K	33x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.6895	+0.072%	$1.5M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]short	L +0.0418% / S −0.0217%	1h	4.6767	−0.201%	$62K	—	50x