Funding you earn now, next payment 01:00 UTC+0.0936%/8h= +102.5% APRnext payment +$1.17 per $10,000 · paid last 24h +0.253%
Price spread now: GMX against Deribit+0.102%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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
Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and GMX is 0.102% dearer against Deribit than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit LIT_USDC-PERPETUAL | 4.7478 | −0.0752 | get 0.0094% / 1h | 29m 14s | $42K | $40K | 10x |
| Short | GMX LIT/USD [ETH-USDC] | 4.7527 | L +0.0395% / S −0.0185% | get 0.0023% / 1h | 29m 14s | $64K | — | 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $196.65
- Price spread: +0.102% → 0.000%
- $10.18
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $187.83
- Costs to cover
- 0.190%
- Break-even
- 0.3 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 | −0.0752% | 1h | 4.7478 | long leg | $42K | $40K | 10x | |
| Orderly PERP_LIT_USDC | −0.0514% | 4h | 4.7415 | −0.133% | $32K | $2K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0432% | 1h | 4.7524 | +0.096% | $33K | $4K | 5x | as long as short |
| Bullet LIT-USD | −0.0365% | 1h | 4.7498 | +0.042% | $85K | $75K | 20x | as long as short |
| ApeX Omni LITUSDT | −0.0212% | 1h | 4.7590 | +0.235% | $57K | $77K | 50x | as long as short |
| OKX LIT-USDT-SWAP | −0.0210% | 4h | 4.7482 | +0.008% | $25.8M | $64.0M | 50x | as long as short |
| KuCoin LITUSDTM | −0.0144% | 4h | 4.7473 | −0.011% | $5.2M | $1.1M | 30x | as long as short |
| GRVT LIT_USDT_Perp | −0.0114% | 4h | 4.7657 | +0.376% | $906K | $1.8M | 10x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0088% | 1h | 4.7619 | +0.298% | $674K | $406K | 50x | as long as short |
| Phoenix LIT | −0.0034% | 1h | 4.7684 | +0.433% | $207K | $361K | 5x | as long as short |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl LIT | 0.0000% | 43m | 4.7547 | +0.145% | $31K | $855K | 33x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.7535 | +0.120% | $11K | — | 150x | as long as short |
| dYdX LIT-USD | +0.0004% | 1h | 4.7541 | +0.132% | $34K | — | 5x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.183% | $422 | $178K | 5.5x | as long as short |
| Paradex LIT-USD-PERP | +0.0038% | 8h | 4.7473 | −0.012% | $7K | $2K | 5x | as long as short |
| Gate LIT_USDT | +0.0038% | 4h | 4.7560 | +0.172% | $2.8M | $4.5M | 50x | as long as short |
| Nado LIT-PERP | +0.0047% | 1h | 4.7475 | −0.007% | $2.2M | $1.7M | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0071% | 1h | 4.7514 | +0.075% | $449K | $104K | 10x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7548 | +0.147% | $59.5M | $29.8M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7550 | +0.151% | $12.7M | $2.2M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7519 | +0.086% | $591K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7466 | −0.026% | $75.8M | $80.9M | 75x | as long as short |
| Bybit LITUSDT | +0.0100% | 4h | 4.7466 | −0.026% | $42.7M | $29.9M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7526 | +0.101% | $117K | $450K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7740 | +0.551% | $119K | $1K | 10x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7495 | +0.035% | $5.7M | $4.2M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7530 | +0.109% | $6.8M | $2.7M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.7541 | +0.132% | $689K | $1.4M | 5x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7663 | +0.389% | $290K | $309K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7513 | +0.072% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7523 | +0.094% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7489 | +0.023% | $993 | $459K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7569 | +0.191% | $190K | $346K | 30x | as long as short |
| Phemex LITUSDT | +0.0100% | 4h | 4.7480 | +0.004% | $1.4M | $2.7M | 20x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7470 | −0.017% | $5.2M | $5.1M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7470 | −0.017% | $148K | — | 3x | as long as short |
| RISEx LIT/USDC | +0.0119% | 1h | 4.7558 | +0.168% | $793K | $2.0M | 5x | as long as short |
| Lighter RH LIT | +0.0168% | 1h | 4.7565 | +0.183% | $3.7M | $13.7M | 5x | as long as short |
| Hyperliquid LIT | +0.0276% | 1h | 4.7609 | +0.275% | $213.6M | $44.2M | 5x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7450 | −0.059% | $1.5M | $2.1M | 75x | as long as short |
| Aftermath Perps LITUSD | +0.0369% | 1h | 4.7655 | +0.373% | $10K | $205K | 10x | as long as short |
| GMX LIT/USD [ETH-USDC]short | L +0.0395% / S −0.0185% | 1h | 4.7527 | +0.102% | $64K | — | 50x |
Deribit LIT_USDC-PERPETUAL
GMX LIT/USD [ETH-USDC]
01 Exchange LITUSD
Bullet LIT-USD
ApeX Omni LITUSDT
OKX LIT-USDT-SWAP
KuCoin LITUSDTM
GRVT LIT_USDT_Perp
Coinbase International LIT-PERP-INTX
Phoenix LIT
gTrade (Gains Network) LIT/USD
Injective LIT/USDC PERP
Paradex LIT-USD-PERP
Gate LIT_USDT
Polymarket Perps LIT-USD
Lighter LIT
Aster LITUSDT
Pacifica LIT
Binance LITUSDT
Bybit LITUSDT
Bulk LIT-USD
MEXC LIT_USDT
Bitget LITUSDT
Backpack LIT_USDC_PERP
edgeX LITUSDC
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Phemex LITUSDT
Extended LIT-USD
RISEx LIT/USDC
Lighter RH LIT
Hyperliquid LIT
BloFin LIT-USDT
Aftermath Perps LITUSD