LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC+0.0240%/8h= +26.3% APRnext payment +$0.30 per $10,000 · paid last 24h +0.064%

Price spread now: GMX against Phoenix−0.424%7-day average — · you buy dearer than you sell

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

Long on Phoenix 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 0.424% cheaper against Phoenix than usual: you would sell low and buy high (spread −0.424% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$42 on $10k: about 5.9 days of funding at the current rate (+$7 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix LIT	4.7435	−0.0050	get 0.0006% / 1h	47m 09s	$245K	$321K	5x
Short	GMX LIT/USD [ETH-USDC]	4.7234	L +0.0387% / S −0.0190%	get 0.0024% / 1h	47m 09s	$59K	—	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Phoenix. 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 PhoenixbpFee GMXbpOrdersPrice spread, now −0.424%Rate

Funding earned: $50.4
Price spread: −0.424% → 0.000%: −$42.38
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee GMX: 6 bp × 2 orders: −$12
Net: −$10.97
Costs to cover: 0.190%
Break-even: 8.5 days

Slippage unknown: Phoenix: live order book, 38 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 Phoenix live order book, 38 min ago	2.07 bp	16.1 bp −$16	57.9 bp −$579	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	−0.1191%	1h	4.7115	−0.675%	$41K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0672%	1h	4.7166	−0.567%	$33K	$4K	5x	as long as short
Backpack LIT_USDC_PERP	−0.0629%	1h	4.7160	−0.580%	$662K	$1.5M	5x	as long as short
Orderly PERP_LIT_USDC	−0.0577%	4h	4.7059	−0.793%	$32K	$2K	10x	as long as short
Gate LIT_USDT	−0.0552%	4h	4.7130	−0.643%	$2.8M	$4.5M	50x	as long as short
Phemex LITUSDT	−0.0414%	4h	4.7150	−0.601%	$1.3M	$2.7M	20x	as long as short
KuCoin LITUSDTM	−0.0328%	4h	4.7105	−0.696%	$5.3M	$1.1M	30x	as long as short
Bullet LIT-USD	−0.0303%	1h	4.7188	−0.522%	$85K	$81K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0302%	4h	4.7112	−0.681%	$24.9M	$60.6M	50x	as long as short
GRVT LIT_USDT_Perp	−0.0278%	4h	4.7360	−0.159%	$897K	$1.9M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit LITUSDT	−0.0239%	4h	4.7119	−0.666%	$42.5M	$30.4M	75x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.7349	−0.182%	$653K	$399K	50x	as long as short
Nado LIT-PERP	−0.0150%	1h	4.7215	−0.464%	$2.1M	$1.7M	10x	as long as short
SoDEX LIT-USD	−0.0092%	1h	4.7112	−0.681%	$976	$484K	5x	as long as short
Extended LIT-USD	−0.0080%	1h	4.7116	−0.673%	$5.2M	$5.1M	25x	as long as short
Phoenix LITlong	−0.0050%	1h	4.7435	long leg	$245K	$321K	5x
Paradex LIT-USD-PERP	−0.0017%	8h	4.7217	−0.460%	$5K	$2K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7290	−0.305%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7244	−0.402%	$35K	—	150x	as long as short
RISEx LIT/USDC	+0.0009%	1h	4.7274	−0.339%	$813K	$2.0M	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.275%	$422	$178K	5.5x	as long as short
Binance LITUSDT	+0.0037%	4h	4.7079	−0.751%	$74.4M	$80.9M	75x	as long as short
MEXC LIT_USDT	+0.0040%	4h	4.7093	−0.721%	$5.8M	$4.2M	100x	as long as short
Aevo LIT-PERP	+0.0048%	1h	4.7110	−0.685%	$147K	$44K	3x	as long as short
edgeX LITUSDC	+0.0051%	4h	4.7388	−0.099%	$288K	$312K	10x	as long as short
Polymarket Perps LIT-USD	+0.0070%	1h	4.7234	−0.424%	$446K	$105K	10x	as long as short
Bulk LIT-USD	+0.0077%	1h	4.7397	−0.080%	$119K	$7K	10x	as long as short
Lighter LIT	+0.0096%	1h	4.7209	−0.476%	$59.2M	$29.9M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7149	−0.603%	$209.5M	$44.6M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7237	−0.417%	$12.6M	$2.5M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7278	−0.331%	$593K	$1.8M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7248	−0.394%	$117K	$442K	5x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7130	−0.643%	$6.7M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7450	+0.032%	$56K	$77K	50x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7166	−0.567%	$2K	$1K	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7151	−0.599%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7273	−0.342%	$189K	$327K	30x	as long as short
Perpl LIT	+0.0112%	43m	4.7268	−0.351%	$31K	$844K	33x	as long as short
BloFin LIT-USDT	+0.0147%	4h	4.7025	−0.864%	$1.5M	$2.0M	75x	as long as short
Aftermath Perps LITUSD	+0.0185%	1h	4.7458	+0.048%	$11K	$198K	10x	as long as short
Lighter RH LIT	+0.0328%	1h	4.7221	−0.451%	$3.7M	$14.1M	5x	as long as short
GMX LIT/USD [ETH-USDC]short	L +0.0387% / S −0.0190%	1h	4.7234	−0.424%	$59K	—	50x