LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0239%/8h= −26.2% APRnext payment −$0.30 per $10,000 · paid last 24h −0.074%

Price spread now: Lighter RH against GMX+0.197%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 Lighter RH

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

The price spread pays, funding is against you. Lighter RH is 0.197% dearer against GMX than usual: you sell high and buy low (spread +0.197% now, against zero (this spread has no 7-day history yet)): +$20 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 2.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX LIT/USD [ETH-USDC]	4.7094	L +0.0399% / S −0.0191%	pay 0.0050% / 1h	0m 45s	$63K	—	50x
Short	Lighter RH LIT	4.7187	0.0160	get 0.0020% / 1h	0m 45s	$3.6M	$13.8M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH 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 Lighter RHbpOrdersPrice spread, now +0.197%Rate

Funding earned: −$50.26
Price spread: +0.197% → 0.000%: $19.72
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$42.54
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: GMX: no order-book sample; Lighter RH: live order book, 3 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 GMX no order-book sample	—	—	—	—	—
Sell Lighter RH live order book, 3 min ago	0.74 bp	6.1 bp −$6	14.2 bp −$142	doesn't fit	doesn't fit

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	−0.0655%	1h	4.7045	−0.104%	$41K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0484%	4h	4.6988	−0.225%	$32K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0464%	1h	4.7019	−0.160%	$33K	$4K	5x	as long as short
Bullet LIT-USD	−0.0396%	1h	4.7061	−0.071%	$84K	$72K	20x	as long as short
ApeX Omni LITUSDT	−0.0276%	1h	4.7510	+0.883%	$57K	$77K	50x	as long as short
OKX LIT-USDT-SWAP	−0.0188%	4h	4.7121	+0.057%	$25.6M	$63.4M	50x	as long as short
KuCoin LITUSDTM	−0.0132%	4h	4.7085	−0.019%	$5.3M	$1.1M	30x	as long as short
GRVT LIT_USDT_Perp	−0.0116%	4h	4.7605	+1.084%	$905K	$1.8M	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0088%	1h	4.7439	+0.733%	$671K	$389K	50x	as long as short
Phoenix LIT	−0.0034%	1h	4.7663	+1.208%	$206K	$361K	5x	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	+0.0002%	1h	4.7172	+0.164%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S 0.0000%	1h	4.7089	−0.011%	$471	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.008%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0041%	8h	4.7085	−0.019%	$7K	$2K	5x	as long as short
Polymarket Perps LIT-USD	+0.0046%	1h	4.7075	−0.041%	$445K	$104K	10x	as long as short
Lighter LIT	+0.0096%	1h	4.7211	+0.248%	$59.0M	$30.1M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7055	−0.083%	$2.2M	$1.7M	10x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7157	+0.133%	$12.6M	$2.1M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7146	+0.110%	$584K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7105	+0.024%	$75.4M	$79.8M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.7106	+0.025%	$42.4M	$29.9M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7080	−0.030%	$116K	$448K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7660	+1.202%	$119K	$1K	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7150	+0.119%	$2.8M	$4.6M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7122	+0.059%	$5.4M	$4.2M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7150	+0.119%	$6.7M	$2.7M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7099	+0.010%	$683K	$1.4M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7401	+0.651%	$289K	$309K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7073	−0.044%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7097	+0.006%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7051	−0.092%	$1K	$458K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7178	+0.178%	$188K	$346K	30x	as long as short
Phemex LITUSDT	+0.0100%	4h	4.7050	−0.094%	$1.4M	$2.7M	20x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7113	+0.039%	$5.2M	$5.1M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7036	−0.123%	$147K	—	3x	as long as short
RISEx LIT/USDC	+0.0119%	1h	4.7099	+0.011%	$785K	$2.0M	5x	as long as short
Lighter RH LITshort	+0.0160%	1h	4.7187	+0.197%	$3.6M	$13.8M	5x
Hyperliquid LIT	+0.0299%	1h	4.7226	+0.280%	$212.0M	$43.8M	5x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7033	−0.130%	$1.6M	$2.0M	75x	as long as short
Aftermath Perps LITUSD	+0.0343%	1h	4.7497	+0.855%	$9K	$206K	10x	as long as short
GMX LIT/USD [ETH-USDC]long	L +0.0399% / S −0.0191%	1h	4.7094	long leg	$63K	—	50x
Perpl LIT	+0.0447%	43m	4.7098	+0.009%	$31K	$852K	33x	as long as short