LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0278%/8h= −30.4% APRnext payment −$0.35 per $10,000 · paid last 24h −0.049%

Price spread now: Hyperliquid against GMX+0.079%7-day average — · you sell dearer than you buy

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

Long on GMX Short on Hyperliquid

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—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

The price spread pays, funding is against you. Hyperliquid is 0.079% dearer against GMX than usual: you sell high and buy low (spread +0.079% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 23 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX LIT/USD [ETH-USDC]	4.7641	L +0.0378% / S −0.0169%	pay 0.0047% / 1h	1m 14s	$62K	—	50x
Short	Hyperliquid LIT	4.7678	0.0100	get 0.0013% / 1h	1m 14s	$213.3M	$44.5M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against GMX. 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 GMXbpFee HyperliquidbpOrdersPrice spread, now +0.079%Rate

Funding earned: −$58.32
Price spread: +0.079% → 0.000%: $7.87
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$71.46
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Hyperliquid: live order book, 13 min ago. 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 GMX no order-book sample	—	—	—	—	—
Sell Hyperliquid live order book, 13 min ago	0.11 bp	7.4 bp −$7	doesn't fit	doesn't fit	doesn't fit

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
Gate LIT_USDT	−0.1110%	4h	4.7610	−0.064%	$2.8M	$4.6M	50x	as long as short
Orderly PERP_LIT_USDC	−0.0625%	4h	4.7561	−0.167%	$33K	$2K	10x	as long as short
Backpack LIT_USDC_PERP	−0.0556%	1h	4.7672	+0.066%	$669K	$1.4M	5x	as long as short
01 Exchange LITUSD	−0.0552%	1h	4.7620	−0.043%	$33K	$4K	5x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0520%	1h	4.7626	−0.031%	$42K	$40K	10x	as long as short
Phemex LITUSDT	−0.0478%	4h	4.7580	−0.127%	$1.4M	$2.7M	20x	as long as short
OKX LIT-USDT-SWAP	−0.0461%	4h	4.7641	+0.001%	$25.8M	$63.8M	50x	as long as short
Bullet LIT-USD	−0.0322%	1h	4.7598	−0.089%	$85K	$81K	20x	as long as short
Aftermath Perps LITUSD	−0.0250%	1h	4.7552	−0.186%	$13K	$204K	10x	as long as short
KuCoin LITUSDTM	−0.0232%	4h	4.7644	+0.007%	$5.3M	$1.1M	30x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit LITUSDT	−0.0210%	4h	4.7632	−0.018%	$43.0M	$30.1M	75x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.7680	+0.082%	$675K	$402K	50x	as long as short
GRVT LIT_USDT_Perp	−0.0130%	4h	4.7540	−0.211%	$905K	$1.8M	10x	as long as short
RISEx LIT/USDC	−0.0082%	1h	4.7620	−0.043%	$814K	$2.1M	5x	as long as short
Phoenix LIT	−0.0034%	1h	4.7628	−0.026%	$206K	$327K	5x	as long as short
Nado LIT-PERP	−0.0008%	1h	4.7605	−0.075%	$2.2M	$1.7M	10x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7642	+0.003%	$34K	—	5x	as long as short
Perpl LIT	0.0000%	43m	4.7570	−0.149%	$31K	$841K	33x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7644	+0.007%	$35K	—	150x	as long as short
Paradex LIT-USD-PERP	+0.0008%	8h	4.7595	−0.095%	$7K	$2K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.839%	$422	$178K	5.5x	as long as short
edgeX LITUSDC	+0.0056%	4h	4.7520	−0.254%	$289K	$311K	10x	as long as short
MEXC LIT_USDT	+0.0056%	4h	4.7627	−0.028%	$5.7M	$4.2M	100x	as long as short
Binance LITUSDT	+0.0057%	4h	4.7595	−0.096%	$75.7M	$81.2M	75x	as long as short
Aevo LIT-PERP	+0.0072%	1h	4.7604	−0.076%	$149K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.7681	+0.085%	$60.0M	$30.1M	5x	as long as short
Hyperliquid LITshort	+0.0100%	1h	4.7678	+0.079%	$213.3M	$44.5M	5x
Aster LITUSDT	+0.0100%	4h	4.7682	+0.088%	$12.7M	$2.4M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7646	+0.011%	$617K	$1.6M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7595	−0.096%	$119K	$451K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7396	−0.513%	$118K	$6K	10x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7670	+0.062%	$6.8M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7500	−0.295%	$56K	$77K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7594	−0.098%	$450K	$105K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7656	+0.032%	$2K	$650	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7637	−0.007%	$5K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7625	−0.033%	$1K	$466K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7651	+0.022%	$191K	$329K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7610	−0.063%	$5.2M	$5.1M	25x	as long as short
Lighter RH LIT	+0.0176%	1h	4.7694	+0.112%	$3.7M	$13.9M	5x	as long as short
BloFin LIT-USDT	+0.0229%	4h	4.7555	−0.180%	$1.5M	$2.1M	75x	as long as short
GMX LIT/USD [ETH-USDC]long	L +0.0378% / S −0.0169%	1h	4.7641	long leg	$62K	—	50x