LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0316%/8h= −34.6% APRnext payment −$0.39 per $10,000 · paid last 24h −0.097%

Price spread now: Derive against GMX+0.023%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 Derive

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

The price spread pays, funding is against you. Derive is 0.023% dearer against GMX than usual: you sell high and buy low (spread +0.023% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 6 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX LIT/USD [ETH-USDC]	4.6973	L +0.0416% / S −0.0214%	pay 0.0052% / 1h	8m 43s	$63K	—	50x
Short	Derive LIT-PERP	4.6984	0.0100	get 0.0013% / 1h	8m 43s	$2K	—	6.7x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Derive 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 DerivebpOrdersPrice spread, now +0.023%Rate

Funding earned: −$66.31
Price spread: +0.023% → 0.000%: $2.31
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Derive: 3 bp × 2 orders: −$6
Net: −$81.99
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Derive: 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 GMX no order-book sample	—	—	—	—	—
Sell Derive no order-book sample	—	—	—	—	—

GMX and Derive: 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
Orderly PERP_LIT_USDC	−0.0380%	4h	4.6886	−0.186%	$32K	$1K	10x	as long as short
01 Exchange LITUSD	−0.0312%	1h	4.6885	−0.188%	$33K	$4K	5x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0305%	1h	4.6960	−0.028%	$41K	$40K	10x	as long as short
Bullet LIT-USD	−0.0258%	1h	4.6925	−0.103%	$84K	$68K	20x	as long as short
ApeX Omni LITUSDT	−0.0119%	1h	4.6960	−0.028%	$56K	$76K	50x	as long as short
Gate LIT_USDT	−0.0092%	4h	4.6950	−0.050%	$2.8M	$4.3M	50x	as long as short
Phoenix LIT	−0.0085%	1h	4.7010	+0.078%	$202K	$341K	5x	as long as short
Coinbase International LIT-PERP-INTX	−0.0024%	1h	4.6800	−0.370%	$611K	$411K	50x	as long as short
Phemex LITUSDT	−0.0009%	4h	4.6920	−0.113%	$1.4M	$2.8M	20x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.6978	+0.009%	$11K	—	150x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX LIT-USD	+0.0005%	1h	4.6961	−0.026%	$34K	—	5x	as long as short
OKX LIT-USDT-SWAP	+0.0018%	4h	4.6952	−0.045%	$25.2M	$61.7M	50x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.271%	$422	$178K	5.5x	as long as short
KuCoin LITUSDTM	+0.0040%	4h	4.6989	+0.033%	$5.2M	$1.0M	30x	as long as short
Paradex LIT-USD-PERP	+0.0074%	8h	4.6904	−0.147%	$7K	$2K	5x	as long as short
Bybit LITUSDT	+0.0083%	4h	4.6926	−0.101%	$41.6M	$28.5M	75x	as long as short
GRVT LIT_USDT_Perp	+0.0084%	4h	4.7000	+0.057%	$905K	$1.8M	10x	as long as short
Lighter LIT	+0.0096%	1h	4.7009	+0.076%	$58.6M	$28.9M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.7031	+0.123%	$3.6M	$13.4M	5x	as long as short
RISEx LIT/USDC	+0.0099%	1h	4.6955	−0.038%	$783K	$2.1M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.6915	−0.124%	$2.2M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7019	+0.097%	$210.1M	$41.8M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.6929	−0.094%	$579K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.6935	−0.081%	$74.8M	$79.0M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.6935	−0.082%	$122K	$454K	5x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.6939	−0.073%	$5.5M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.6970	−0.007%	$6.8M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.6986	+0.027%	$666K	$1.4M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.6928	−0.096%	$286K	$303K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.6924	−0.105%	$438K	$110K	10x	as long as short
Derive LIT-PERPshort	+0.0100%	1h	4.6984	+0.023%	$2K	—	6.7x
SunX LIT-USDT	+0.0100%	4h	4.6916	−0.122%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.6965	−0.018%	$2K	$397K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7012	+0.082%	$199K	$388K	30x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7305	+0.706%	$118K	$973	10x	as long as short
Extended LIT-USD	+0.0104%	1h	4.6907	−0.141%	$5.2M	$5.0M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.6937	−0.078%	$147K	—	3x	as long as short
Aftermath Perps LITUSD	+0.0207%	1h	4.7047	+0.156%	$9K	$205K	10x	as long as short
Aster LITUSDT	+0.0211%	4h	4.6961	−0.026%	$12.6M	$2.0M	50x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.6917	−0.120%	$1.5M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]long	L +0.0416% / S −0.0214%	1h	4.6973	long leg	$63K	—	50x
Perpl LIT	+0.0447%	43m	4.6935	−0.082%	$31K	$806K	33x	as long as short