LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0135%/8h= +14.8% APRnext payment +$0.17 per $10,000 · paid last 24h +0.029%

Price spread now: GMX against Lighter+0.014%7-day average — · you sell dearer than you buy

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

Long on Lighter 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—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter LIT	4.7136	0.0096	pay 0.0012% / 1h	20m 13s	$58.8M	$28.4M	5x
Short	GMX LIT/USD [ETH-USDC]	4.7143	L +0.0436% / S −0.0231%	get 0.0029% / 1h	20m 13s	$65K	—	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Lighter. 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 LighterbpFee GMXbpOrdersPrice spread, now +0.014%Rate

Funding earned: $28.31
Price spread: +0.014% → 0.000%: $1.42
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee GMX: 6 bp × 2 orders: −$12
Net: $17.73
Costs to cover: 0.120%
Break-even: 2.6 days

Slippage unknown: Lighter: live order book, 4 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 Lighter live order book, 4 min ago	0.11 bp	4.4 bp −$4	13.8 bp −$138	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	−0.0546%	1h	4.7097	−0.084%	$41K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0382%	4h	4.7050	−0.182%	$32K	$1K	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0304%	1h	4.6877	−0.550%	$607K	$357K	50x	as long as short
Bullet LIT-USD	−0.0292%	1h	4.7097	−0.084%	$84K	$67K	20x	as long as short
01 Exchange LITUSD	−0.0288%	1h	4.7075	−0.129%	$33K	$3K	5x	as long as short
Phemex LITUSDT	−0.0208%	4h	4.7070	−0.140%	$1.3M	$2.8M	20x	as long as short
Bybit LITUSDT	−0.0107%	4h	4.7109	−0.057%	$41.1M	$28.8M	75x	as long as short
ApeX Omni LITUSDT	−0.0053%	1h	4.6930	−0.437%	$56K	$75K	50x	as long as short
OKX LIT-USDT-SWAP	−0.0051%	4h	4.7106	−0.064%	$25.4M	$60.8M	50x	as long as short
Phoenix LIT	−0.0017%	1h	4.7001	−0.286%	$202K	$299K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx LIT/USDC	−0.0008%	1h	4.7107	−0.061%	$792K	$2.2M	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7121	−0.033%	$34K	—	5x	as long as short
Perpl LIT	0.0000%	43m	4.7155	+0.041%	$31K	$744K	33x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7141	+0.010%	$11K	—	150x	as long as short
KuCoin LITUSDTM	+0.0006%	4h	4.7084	−0.110%	$5.3M	$1.0M	30x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.918%	$422	$178K	5.5x	as long as short
Nado LIT-PERP	+0.0068%	1h	4.7078	−0.123%	$2.2M	$1.7M	10x	as long as short
Paradex LIT-USD-PERP	+0.0095%	8h	4.7067	−0.146%	$6K	$2K	5x	as long as short
Lighter LITlong	+0.0096%	1h	4.7136	long leg	$58.8M	$28.4M	5x
Hyperliquid LIT	+0.0100%	1h	4.7179	+0.091%	$210.6M	$41.5M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7120	−0.034%	$573K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7078	−0.124%	$75.5M	$78.9M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7116	−0.042%	$118K	$449K	5x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7120	−0.034%	$2.7M	$4.3M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7085	−0.108%	$5.7M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7120	−0.034%	$6.7M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7102	−0.072%	$660K	$1.3M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.6956	−0.382%	$287K	$304K	10x	as long as short
GRVT LIT_USDT_Perp	+0.0100%	4h	4.7060	−0.161%	$903K	$1.8M	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7107	−0.062%	$440K	$85K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7137	+0.001%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7091	−0.095%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7105	−0.066%	$1K	$373K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7154	+0.038%	$199K	$359K	30x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.6940	−0.416%	$117K	$8K	10x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7081	−0.116%	$5.1M	$4.9M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7084	−0.110%	$147K	—	3x	as long as short
Lighter RH LIT	+0.0168%	1h	4.7168	+0.068%	$3.7M	$13.2M	5x	as long as short
Aster LITUSDT	+0.0249%	4h	4.7176	+0.084%	$12.6M	$1.9M	50x	as long as short
Aftermath Perps LITUSD	+0.0330%	1h	4.7121	−0.031%	$9K	$205K	10x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7045	−0.193%	$1.6M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]short	L +0.0436% / S −0.0231%	1h	4.7143	+0.014%	$65K	—	50x