LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0245%/8h= −26.8% APRnext payment −$0.31 per $10,000 · paid last 24h +0.028%

Price spread now: GMX against Lighter RH−0.107%7-day average — · you buy dearer than you sell

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

Long on Lighter RH 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—+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and GMX is 0.107% cheaper against Lighter RH than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH LIT	4.7581	0.0400	pay 0.0050% / 1h	22m 57s	$3.7M	$14.2M	5x
Short	GMX LIT/USD [ETH-USDC]	4.7530	L +0.0358% / S −0.0155%	get 0.0019% / 1h	22m 57s	$60K	—	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Lighter RH. 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 Lighter RHbpFee GMXbpOrdersPrice spread, now −0.107%Rate

Funding earned: −$51.36
Price spread: −0.107% → 0.000%: −$10.72
Slippage, 4 orders: no order book: not counted
Fee Lighter RH: 0 bp × 2 orders: $0
Fee GMX: 6 bp × 2 orders: −$12
Net: −$74.07
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Lighter RH: live order book, 6 min ago; 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 Lighter RH live order book, 6 min ago	2.83 bp	5.4 bp −$5	12.7 bp −$127	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

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-PERPETUAL	−0.1266%	1h	4.7473	−0.226%	$42K	$40K	10x	as long as short
Gate LIT_USDT	−0.0674%	4h	4.7500	−0.170%	$2.8M	$4.5M	50x	as long as short
Orderly PERP_LIT_USDC	−0.0611%	4h	4.7434	−0.309%	$32K	$2K	10x	as long as short
Phemex LITUSDT	−0.0571%	4h	4.7450	−0.275%	$1.3M	$2.7M	20x	as long as short
01 Exchange LITUSD	−0.0568%	1h	4.7435	−0.307%	$33K	$4K	5x	as long as short
Bullet LIT-USD	−0.0356%	1h	4.7484	−0.204%	$86K	$81K	20x	as long as short
Backpack LIT_USDC_PERP	−0.0348%	1h	4.7506	−0.158%	$667K	$1.5M	5x	as long as short
Bybit LITUSDT	−0.0330%	4h	4.7473	−0.227%	$43.0M	$30.6M	75x	as long as short
OKX LIT-USDT-SWAP	−0.0317%	4h	4.7463	−0.248%	$25.0M	$61.8M	50x	as long as short
KuCoin LITUSDTM	−0.0306%	4h	4.7542	−0.082%	$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
GRVT LIT_USDT_Perp	−0.0298%	4h	4.7580	−0.002%	$908K	$1.9M	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.7721	+0.295%	$660K	$404K	50x	as long as short
Phoenix LIT	−0.0050%	1h	4.7626	+0.095%	$247K	$321K	5x	as long as short
Paradex LIT-USD-PERP	−0.0023%	8h	4.7471	−0.231%	$6K	$2K	5x	as long as short
SoDEX LIT-USD	−0.0005%	1h	4.7475	−0.223%	$1K	$487K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7559	−0.046%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7534	−0.098%	$35K	—	150x	as long as short
Extended LIT-USD	+0.0008%	1h	4.7460	−0.253%	$5.3M	$5.1M	25x	as long as short
RISEx LIT/USDC	+0.0009%	1h	4.7523	−0.123%	$817K	$2.0M	5x	as long as short
Nado LIT-PERP	+0.0014%	1h	4.7517	−0.133%	$2.1M	$1.7M	10x	as long as short
Polymarket Perps LIT-USD	+0.0029%	1h	4.7499	−0.172%	$449K	$105K	10x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.965%	$422	$178K	5.5x	as long as short
edgeX LITUSDC	+0.0033%	4h	4.7572	−0.019%	$289K	$310K	10x	as long as short
MEXC LIT_USDT	+0.0034%	4h	4.7453	−0.269%	$5.8M	$4.2M	100x	as long as short
Bulk LIT-USD	+0.0037%	1h	4.7479	−0.214%	$119K	$6K	10x	as long as short
Binance LITUSDT	+0.0038%	4h	4.7450	−0.276%	$75.0M	$81.3M	75x	as long as short
Aevo LIT-PERP	+0.0048%	1h	4.7485	−0.202%	$148K	$44K	3x	as long as short
Aftermath Perps LITUSD	+0.0058%	1h	4.7494	−0.184%	$12K	$199K	10x	as long as short
Lighter LIT	+0.0096%	1h	4.7551	−0.063%	$59.6M	$30.1M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7544	−0.078%	$211.2M	$45.0M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7541	−0.085%	$12.7M	$2.5M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7547	−0.071%	$583K	$1.8M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7505	−0.160%	$117K	$446K	5x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7550	−0.065%	$6.7M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7580	−0.002%	$56K	$77K	50x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7529	−0.110%	$2K	$1K	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7528	−0.111%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7586	+0.011%	$190K	$329K	30x	as long as short
Perpl LIT	+0.0112%	43m	4.7535	−0.096%	$31K	$838K	33x	as long as short
BloFin LIT-USDT	+0.0154%	4h	4.7446	−0.284%	$1.5M	$2.0M	75x	as long as short
GMX LIT/USD [ETH-USDC]short	L +0.0358% / S −0.0155%	1h	4.7530	−0.107%	$60K	—	50x
Lighter RH LITlong	+0.0400%	1h	4.7581	long leg	$3.7M	$14.2M	5x