LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.068%

Price spread now: Hyperliquid against Injective−1.610%7-day average +10.529% · you buy dearer than you sell

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

Long on Injective Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days+0.328%+$33 on $10k

Price spread, last 3 days (all we have)+17.042%+$1,704 · spread now −1.610%, 7d avg +10.529%

Together, before fees+17.370%+ Points / potential airdropHyperliquid: Season 2 · farm board+$1,737 on $10k · with fees, hour by hour

Funding pays, the price is against you. Hyperliquid is 12.138% cheaper against Injective than usual: you would sell low and buy high (spread −1.610% now, against its 7-day average of +10.529%). If the spread goes back, that is −$1,214 on $10k: about 20 months of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.328% in total) that is about 9 months.

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	41m 18s	$422	$178K	5.5x
Short	Hyperliquid LIT	4.7267	0.0100	get 0.0013% / 1h	41m 18s	$210.7M	$44.8M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against Injective. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 InjectivebpFee HyperliquidbpOrdersPrice spread, now −1.610%Rate

Funding earned: $14
Price spread: −1.610% → +10.529%: −$1,213.84
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$1,208.86
Costs to cover: 0.090%
Break-even: 611.4 days

Slippage unknown: Injective: 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 Injective no order-book sample	—	—	—	—	—
Sell Hyperliquid live order book, 13 min ago	0.11 bp	8.7 bp −$9	doesn't fit	doesn't fit	doesn't fit

Injective: 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	−0.0992%	4h	4.7200	−1.749%	$2.8M	$4.5M	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0902%	1h	4.7171	−1.808%	$41K	$40K	10x	as long as short
Backpack LIT_USDC_PERP	−0.0676%	1h	4.7204	−1.740%	$663K	$1.4M	5x	as long as short
Orderly PERP_LIT_USDC	−0.0631%	4h	4.7129	−1.896%	$32K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0544%	1h	4.7180	−1.790%	$33K	$4K	5x	as long as short
Phemex LITUSDT	−0.0522%	4h	4.7170	−1.811%	$1.3M	$2.7M	20x	as long as short
OKX LIT-USDT-SWAP	−0.0422%	4h	4.7154	−1.844%	$25.3M	$62.1M	50x	as long as short
Bullet LIT-USD	−0.0344%	1h	4.7181	−1.787%	$85K	$81K	20x	as long as short
Bybit LITUSDT	−0.0299%	4h	4.7182	−1.786%	$42.6M	$30.4M	75x	as long as short
KuCoin LITUSDTM	−0.0288%	4h	4.7230	−1.686%	$5.2M	$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
Aftermath Perps LITUSD	−0.0229%	1h	4.7171	−1.809%	$10K	$202K	10x	as long as short
GRVT LIT_USDT_Perp	−0.0200%	4h	4.7104	−1.949%	$899K	$1.9M	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.7721	−0.664%	$660K	$388K	50x	as long as short
RISEx LIT/USDC	−0.0082%	1h	4.7258	−1.629%	$787K	$2.1M	5x	as long as short
Nado LIT-PERP	−0.0042%	1h	4.7179	−1.793%	$2.1M	$1.7M	10x	as long as short
Phoenix LIT	−0.0034%	1h	4.7231	−1.684%	$245K	$327K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7255	−1.634%	$34K	—	5x	as long as short
Paradex LIT-USD-PERP	+0.0001%	8h	4.7205	−1.737%	$6K	$2K	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7232	−1.683%	$35K	—	150x	as long as short
Injective LIT/USDC PERPlong	+0.0033%	1h	4.8040	long leg	$422	$178K	5.5x
edgeX LITUSDC	+0.0055%	4h	4.7164	−1.824%	$287K	$310K	10x	as long as short
MEXC LIT_USDT	+0.0056%	4h	4.7155	−1.842%	$5.6M	$4.2M	100x	as long as short
Binance LITUSDT	+0.0057%	4h	4.7158	−1.836%	$74.8M	$81.1M	75x	as long as short
Aevo LIT-PERP	+0.0072%	1h	4.7194	−1.761%	$148K	$44K	3x	as long as short
SoDEX LIT-USD	+0.0083%	1h	4.7175	−1.801%	$1K	$467K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7245	−1.655%	$59.4M	$29.4M	5x	as long as short
Hyperliquid LITshort	+0.0100%	1h	4.7267	−1.610%	$210.7M	$44.8M	5x
Aster LITUSDT	+0.0100%	4h	4.7255	−1.634%	$12.6M	$2.5M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7265	−1.614%	$581K	$1.8M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7234	−1.678%	$116K	$447K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7148	−1.857%	$118K	$5K	10x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7210	−1.728%	$6.7M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7130	−1.894%	$55K	$78K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7204	−1.740%	$446K	$104K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7224	−1.699%	$2K	$729	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7207	−1.734%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7222	−1.703%	$189K	$330K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7155	−1.842%	$5.2M	$5.1M	25x	as long as short
BloFin LIT-USDT	+0.0226%	4h	4.7158	−1.836%	$1.5M	$2.1M	75x	as long as short
Perpl LIT	+0.0335%	43m	4.7218	−1.712%	$32K	$839K	33x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0356% / S −0.0155%	1h	4.7222	−1.703%	$59K	—	50x	as long as short
Lighter RH LIT	+0.0400%	1h	4.7275	−1.592%	$3.7M	$13.6M	5x	as long as short