LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0046%/8h= −5.0% APRnext payment −$0.06 per $10,000 · paid last 24h +0.014%

Price spread now: GMX against Hyperliquid−0.078%7-day average — · you buy dearer than you sell

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

Long on Hyperliquid Short on GMX

What this pair did over the last

the charts below follow

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

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and GMX is 0.078% cheaper against Hyperliquid than usual: you would sell low and buy high (−$8 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	Hyperliquid LIT	4.8386	0.0263	pay 0.0033% / 1h	58m 16s	$218.7M	$38.6M	5x
Short	GMX LIT/USD [ETH-USDC]	4.8348	L +0.0427% / S −0.0217%	get 0.0027% / 1h	58m 16s	$65K	—	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Hyperliquid. 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 HyperliquidbpFee GMXbpOrdersPrice spread, now −0.078%Rate

Funding earned: −$9.64
Price spread: −0.078% → 0.000%: −$7.84
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee GMX: 6 bp × 2 orders: −$12
Net: −$38.48
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Hyperliquid: live order book, 6 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 Hyperliquid live order book, 6 min ago	0.10 bp	8.0 bp −$8	doesn't fit	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
Orderly PERP_LIT_USDC	−0.0362%	4h	4.8287	−0.205%	$33K	$1K	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0304%	1h	4.7968	−0.865%	$608K	$349K	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0279%	1h	4.8353	−0.068%	$42K	$39K	10x	as long as short
01 Exchange LITUSD	−0.0240%	1h	4.8337	−0.101%	$32K	$3K	5x	as long as short
Nado LIT-PERP	−0.0203%	1h	4.8336	−0.102%	$2.1M	$1.6M	10x	as long as short
OKX LIT-USDT-SWAP	−0.0156%	4h	4.8322	−0.132%	$26.1M	$59.9M	50x	as long as short
GRVT LIT_USDT_Perp	−0.0088%	4h	4.8090	−0.612%	$889K	$2.0M	10x	as long as short
Bullet LIT-USD	−0.0080%	1h	4.8294	−0.190%	$87K	$66K	20x	as long as short
ApeX Omni LITUSDT	−0.0013%	1h	4.7980	−0.839%	$57K	$73K	50x	as long as short
dYdX LIT-USD	0.0000%	1h	4.8283	−0.213%	$35K	—	5x	as long as short

Show all 42 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	4.8348	−0.078%	$36K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	−0.715%	$422	$178K	5.5x	as long as short
Phoenix LIT	+0.0050%	1h	4.7992	−0.814%	$206K	$287K	5x	as long as short
Paradex LIT-USD-PERP	+0.0095%	8h	4.8229	−0.324%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.8349	−0.076%	$60.2M	$25.9M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.8282	−0.215%	$716K	$1.8M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.8291	−0.196%	$77.4M	$73.7M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.8350	−0.074%	$42.0M	$27.4M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.8303	−0.172%	$128K	$446K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.8183	−0.420%	$120K	−$0	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.8330	−0.116%	$2.8M	$4.0M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.8349	−0.076%	$6.1M	$3.9M	100x	as long as short
KuCoin LITUSDTM	+0.0100%	4h	4.8347	−0.081%	$5.5M	$935K	30x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.8330	−0.116%	$6.9M	$2.4M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.8347	−0.081%	$689K	$992K	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7918	−0.968%	$293K	$303K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.8335	−0.105%	$450K	$86K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.8084	−0.625%	$2K	$961	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.8307	−0.163%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.8337	−0.101%	$1K	$332K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.8334	−0.107%	$194K	$312K	30x	as long as short
Phemex LITUSDT	+0.0100%	4h	4.8290	−0.198%	$1.4M	$2.7M	20x	as long as short
Extended LIT-USD	+0.0104%	1h	4.8328	−0.121%	$5.2M	$5.2M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.8312	−0.154%	$151K	—	3x	as long as short
RISEx LIT/USDC	+0.0118%	1h	4.8321	−0.135%	$805K	$2.3M	5x	as long as short
Hyperliquid LITlong	+0.0263%	1h	4.8386	long leg	$218.7M	$38.6M	5x
Aster LITUSDT	+0.0294%	4h	4.8358	−0.057%	$13.0M	$2.0M	50x	as long as short
Lighter RH LIT	+0.0304%	1h	4.8386	0.000%	$3.7M	$12.1M	5x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.8080	−0.632%	$1.6M	$2.3M	75x	as long as short
GMX LIT/USD [ETH-USDC]short	L +0.0427% / S −0.0217%	1h	4.8348	−0.078%	$65K	—	50x
Perpl LIT	+0.0447%	43m	4.8377	−0.018%	$32K	$642K	33x	as long as short
Aftermath Perps LITUSD	+0.0494%	1h	4.8092	−0.608%	$9K	$203K	10x	as long as short