Funding you earn now, next payment 09:00 UTC−0.0325%/8h= −35.5% APRnext payment −$0.41 per $10,000 · paid last 24h −0.083%
Price spread now: Hyperliquid against GMX+0.360%56s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
The price spread pays, funding is against you. Hyperliquid is 0.360% dearer against GMX than usual: you sell high and buy low (spread +0.360% now, against zero (this spread has no 7-day history yet)): +$36 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 3.7 days. The two prices were read 56 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] | 4.8063 | L +0.0425% / S −0.0217% | pay 0.0053% / 1h | 14m 34s | $64K | — | 50x |
| Short | Hyperliquid LIT | 4.8236 | 0.0100 | get 0.0013% / 1h | 14m 34s | $217.8M | $37.6M | 5x |
GMX LIT/USD [ETH-USDC]
Hyperliquid LITFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against GMX. 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
- −$68.15
- Price spread: +0.360% → 0.000%
- $35.99
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$53.16
- Costs to cover
- 0.210%
- Break-even
- from the start
Slippage unknown: GMX: no order-book sample; Hyperliquid: live order book, 9 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 Hyperliquid live order book, 9 min ago | 0.21 bp | doesn't fit | doesn't fit | 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 41 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange LITUSD | −0.0392% | 1h | 4.8134 | +0.148% | $31K | $3K | 5x | as long as short |
| Orderly PERP_LIT_USDC | −0.0374% | 4h | 4.8004 | −0.123% | $33K | $313 | 10x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0304% | 1h | 4.7913 | −0.312% | $607K | $335K | 50x | as long as short |
| Bullet LIT-USD | −0.0208% | 1h | 4.8140 | +0.161% | $86K | $66K | 20x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0185% | 1h | 4.8037 | −0.053% | $42K | $39K | 10x | as long as short |
| OKX LIT-USDT-SWAP | −0.0144% | 4h | 4.8166 | +0.214% | $25.9M | $57.8M | 50x | as long as short |
| GRVT LIT_USDT_Perp | −0.0112% | 4h | 4.8044 | −0.040% | $894K | $2.0M | 10x | as long as short |
| Backpack LIT_USDC_PERP | −0.0021% | 1h | 4.8048 | −0.031% | $685K | $981K | 5x | as long as short |
| Gate LIT_USDT | −0.0006% | 4h | 4.8050 | −0.027% | $2.8M | $4.0M | 50x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.8053 | −0.021% | $34K | — | 5x | as long as short |
01 Exchange LITUSD
Orderly PERP_LIT_USDC
Coinbase International LIT-PERP-INTX
Bullet LIT-USD
Deribit LIT_USDC-PERPETUAL
OKX LIT-USDT-SWAP
GRVT LIT_USDT_Perp
Backpack LIT_USDC_PERP
Gate LIT_USDT
dYdX LIT-USDShow all 41 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.8066 | +0.006% | $36K | — | 150x | as long as short |
| ApeX Omni LITUSDT | +0.0010% | 1h | 4.8140 | +0.160% | $57K | $75K | 50x | as long as short |
| Phoenix LIT | +0.0017% | 1h | 4.8152 | +0.185% | $207K | $288K | 5x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | −0.048% | $422 | $178K | 5.5x | as long as short |
| Bybit LITUSDT | +0.0072% | 4h | 4.8150 | +0.181% | $41.8M | $26.6M | 75x | as long as short |
| Nado LIT-PERP | +0.0079% | 1h | 4.8166 | +0.215% | $2.1M | $1.6M | 10x | as long as short |
| Paradex LIT-USD-PERP | +0.0095% | 8h | 4.8047 | −0.033% | $7K | $2K | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.8073 | +0.021% | $59.8M | $26.2M | 5x | as long as short |
| Hyperliquid LITshort | +0.0100% | 1h | 4.8236 | +0.360% | $217.8M | $37.6M | 5x | |
| Pacifica LIT | +0.0100% | 1h | 4.8042 | −0.044% | $651K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.8125 | +0.128% | $77.4M | $72.1M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.8109 | +0.096% | $130K | $409K | 5x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.8141 | +0.162% | $6.2M | $4.0M | 100x | as long as short |
| KuCoin LITUSDTM | +0.0100% | 4h | 4.8063 | 0.000% | $5.5M | $846K | 30x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.8180 | +0.243% | $6.9M | $2.3M | 20x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.8101 | +0.080% | $295K | $304K | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.8154 | +0.189% | $449K | $85K | 10x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.8059 | −0.008% | $4K | $1.1M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.8035 | −0.058% | $1K | $334K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.8098 | +0.073% | $193K | $305K | 30x | as long as short |
| Phemex LITUSDT | +0.0100% | 4h | 4.8050 | −0.027% | $1.4M | $2.7M | 20x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.8060 | −0.006% | $122K | $2K | 10x | as long as short |
| Lighter RH LIT | +0.0104% | 1h | 4.8095 | +0.067% | $3.7M | $12.3M | 5x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.8069 | +0.012% | $5.0M | $5.5M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.8068 | +0.010% | $150K | — | 3x | as long as short |
| RISEx LIT/USDC | +0.0118% | 1h | 4.8083 | +0.043% | $819K | $2.4M | 5x | as long as short |
| Aster LITUSDT | +0.0321% | 4h | 4.8185 | +0.255% | $12.9M | $1.9M | 50x | as long as short |
| Perpl LIT | +0.0335% | 43m | 4.8067 | +0.007% | $33K | $622K | 33x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.8002 | −0.127% | $1.6M | $2.3M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC]long | L +0.0425% / S −0.0217% | 1h | 4.8063 | long leg | $64K | — | 50x | |
| Aftermath Perps LITUSD | +0.0490% | 1h | 4.8090 | +0.057% | $9K | $194K | 10x | as long as short |
gTrade (Gains Network) LIT/USD
ApeX Omni LITUSDT
Phoenix LIT
Injective LIT/USDC PERP
Bybit LITUSDT
Nado LIT-PERP
Paradex LIT-USD-PERP
Lighter LIT
Pacifica LIT
Binance LITUSDT
Arcus LIT-USD
MEXC LIT_USDT
KuCoin LITUSDTM
Bitget LITUSDT
edgeX LITUSDC
Polymarket Perps LIT-USD
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Phemex LITUSDT
Bulk LIT-USD
Lighter RH LIT
Extended LIT-USD
Aevo LIT-PERP
RISEx LIT/USDC
Aster LITUSDT
Perpl LIT
BloFin LIT-USDT
Aftermath Perps LITUSD