LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0311%/8h= −34.1% APRnext payment −$0.39 per $10,000 · paid last 24h −0.089%

Price spread now: Lighter against GMX−0.030%7-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 Lighter

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

Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Lighter is 0.030% cheaper against GMX than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX LIT/USD [ETH-USDC]	4.6887	L +0.0407% / S −0.0203%	pay 0.0051% / 1h	55m 50s	$63K	—	50x
Short	Lighter LIT	4.6873	0.0096	get 0.0012% / 1h	55m 50s	$58.5M	$28.4M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now −0.030%Rate

Funding earned: −$65.3
Price spread: −0.030% → 0.000%: −$3.01
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Lighter: 0 bp × 2 orders: $0
Net: −$80.31
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Lighter: live order book, 8 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 live order book, 8 min ago	0.64 bp	4.2 bp −$4	15.3 bp −$153	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
Orderly PERP_LIT_USDC	−0.0412%	4h	4.6817	−0.149%	$32K	$1K	10x	as long as short
01 Exchange LITUSD	−0.0296%	1h	4.6893	+0.013%	$33K	$4K	5x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0279%	1h	4.6877	−0.022%	$41K	$40K	10x	as long as short
Bullet LIT-USD	−0.0267%	1h	4.6860	−0.059%	$84K	$67K	20x	as long as short
Phoenix LIT	−0.0102%	1h	4.6990	+0.219%	$202K	$339K	5x	as long as short
GRVT LIT_USDT_Perp	−0.0074%	4h	4.7009	+0.261%	$899K	$1.7M	10x	as long as short
KuCoin LITUSDTM	−0.0052%	4h	4.6858	−0.062%	$5.2M	$1.1M	30x	as long as short
OKX LIT-USDT-SWAP	−0.0047%	4h	4.6816	−0.152%	$25.4M	$61.4M	50x	as long as short
Phemex LITUSDT	−0.0034%	4h	4.6840	−0.100%	$1.4M	$2.8M	20x	as long as short
ApeX Omni LITUSDT	−0.0031%	1h	4.7030	+0.305%	$56K	$77K	50x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International LIT-PERP-INTX	−0.0024%	1h	4.6867	−0.042%	$663K	$366K	50x	as long as short
Gate LIT_USDT	−0.0004%	4h	4.6880	−0.015%	$2.7M	$4.2M	50x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.6906	+0.039%	$11K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.459%	$422	$178K	5.5x	as long as short
Bulk LIT-USD	+0.0039%	1h	4.6872	−0.032%	$117K	$1K	10x	as long as short
Paradex LIT-USD-PERP	+0.0056%	8h	4.6859	−0.059%	$7K	$2K	5x	as long as short
Backpack LIT_USDC_PERP	+0.0060%	1h	4.6886	−0.002%	$680K	$1.3M	5x	as long as short
dYdX LIT-USD	+0.0082%	1h	4.6812	−0.160%	$34K	—	5x	as long as short
Lighter LITshort	+0.0096%	1h	4.6873	−0.030%	$58.5M	$28.4M	5x
RISEx LIT/USDC	+0.0099%	1h	4.6945	+0.124%	$782K	$2.0M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.6920	+0.070%	$2.2M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.6895	+0.018%	$209.7M	$41.4M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.6881	−0.013%	$581K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.6820	−0.143%	$74.5M	$78.2M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.6824	−0.135%	$41.5M	$28.7M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.6881	−0.013%	$117K	$447K	5x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.6847	−0.086%	$5.4M	$3.8M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.6860	−0.058%	$6.7M	$2.6M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.6995	+0.231%	$286K	$306K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.6940	+0.113%	$444K	$104K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.6904	+0.036%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.6918	+0.066%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.6877	−0.022%	$1K	$417K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.6959	+0.153%	$191K	$359K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.6854	−0.071%	$5.1M	$5.0M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.6869	−0.038%	$147K	—	3x	as long as short
Lighter RH LIT	+0.0136%	1h	4.6924	+0.079%	$3.7M	$13.0M	5x	as long as short
Aster LITUSDT	+0.0147%	4h	4.6901	+0.030%	$12.6M	$2.0M	50x	as long as short
Aftermath Perps LITUSD	+0.0295%	1h	4.6958	+0.151%	$10K	$210K	10x	as long as short
GMX LIT/USD [ETH-USDC]long	L +0.0407% / S −0.0203%	1h	4.6887	long leg	$63K	—	50x
Perpl LIT	+0.0447%	43m	4.6929	+0.089%	$31K	$833K	33x	as long as short