LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0278%/8h= −30.4% APRnext payment −$0.35 per $10,000 · paid last 24h −0.104%

Price spread now: SoDEX against GMX−0.422%55s7-day average — · you buy dearer than you sell

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

Long on GMX Short on SoDEX

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

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and SoDEX is 0.422% cheaper against GMX than usual: you would sell low and buy high (−$42 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX LIT/USD [ETH-USDC]	4.7750	L +0.0378% / S −0.0169%	pay 0.0047% / 1h	41m 19s	$63K	—	50x
Short	SoDEX LIT-USD	4.7549	0.0100	get 0.0013% / 1h	41m 19s	$1K	$466K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.422%Rate

Funding earned: −$58.36
Price spread: −0.422% → 0.000%: −$42.15
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$120.52
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; SoDEX: live order book, 37 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 SoDEX live order book, 37 min ago	0.96 bp	20.3 bp −$20	52.1 bp −$521	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
Gate LIT_USDT	−0.0904%	4h	4.7740	−0.022%	$2.8M	$4.5M	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0842%	1h	4.7562	−0.394%	$42K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0607%	4h	4.7663	−0.183%	$33K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0552%	1h	4.7611	−0.292%	$33K	$4K	5x	as long as short
OKX LIT-USDT-SWAP	−0.0442%	4h	4.7704	−0.097%	$25.9M	$64.1M	50x	as long as short
Phemex LITUSDT	−0.0428%	4h	4.7540	−0.440%	$1.4M	$2.7M	20x	as long as short
Bullet LIT-USD	−0.0304%	1h	4.7707	−0.091%	$86K	$81K	20x	as long as short
KuCoin LITUSDTM	−0.0228%	4h	4.7665	−0.179%	$5.3M	$1.1M	30x	as long as short
GRVT LIT_USDT_Perp	−0.0122%	4h	4.7590	−0.336%	$905K	$1.8M	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0120%	1h	4.7540	−0.441%	$672K	$401K	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit LITUSDT	−0.0120%	4h	4.7724	−0.055%	$43.0M	$30.0M	75x	as long as short
Phoenix LIT	−0.0050%	1h	4.7618	−0.277%	$207K	$353K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7691	−0.123%	$34K	—	5x	as long as short
Perpl LIT	0.0000%	43m	4.7709	−0.088%	$32K	$840K	33x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7752	+0.003%	$35K	—	150x	as long as short
RISEx LIT/USDC	+0.0012%	1h	4.7714	−0.075%	$821K	$2.1M	5x	as long as short
Paradex LIT-USD-PERP	+0.0013%	8h	4.7630	−0.253%	$7K	$2K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.607%	$422	$178K	5.5x	as long as short
edgeX LITUSDC	+0.0072%	4h	4.7820	+0.145%	$291K	$312K	10x	as long as short
MEXC LIT_USDT	+0.0074%	4h	4.7672	−0.164%	$5.6M	$4.1M	100x	as long as short
Binance LITUSDT	+0.0076%	4h	4.7698	−0.109%	$76.0M	$81.5M	75x	as long as short
Aftermath Perps LITUSD	+0.0078%	1h	4.7739	−0.023%	$13K	$203K	10x	as long as short
Aevo LIT-PERP	+0.0088%	1h	4.7676	−0.156%	$149K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.7714	−0.076%	$60.0M	$29.8M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7652	−0.205%	$2.2M	$1.7M	10x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7718	−0.067%	$12.7M	$2.4M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7669	−0.170%	$603K	$1.7M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7688	−0.130%	$121K	$456K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7741	−0.019%	$119K	$6K	10x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7700	−0.105%	$6.8M	$2.8M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7615	−0.283%	$676K	$1.4M	5x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7820	+0.146%	$56K	$77K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7707	−0.091%	$451K	$105K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7594	−0.328%	$2K	$650	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7558	−0.403%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USDshort	+0.0100%	1h	4.7549	−0.422%	$1K	$466K	5x
HTX LIT-USDT	+0.0100%	4h	4.7836	+0.179%	$191K	$329K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7656	−0.197%	$5.2M	$5.1M	25x	as long as short
Lighter RH LIT	+0.0152%	1h	4.7717	−0.070%	$3.7M	$13.9M	5x	as long as short
Hyperliquid LIT	+0.0267%	1h	4.7794	+0.092%	$214.4M	$44.9M	5x	as long as short
BloFin LIT-USDT	+0.0306%	4h	4.7564	−0.390%	$1.5M	$2.1M	75x	as long as short
GMX LIT/USD [ETH-USDC]long	L +0.0378% / S −0.0169%	1h	4.7750	long leg	$63K	—	50x