LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0234%/8h= +25.6% APRnext payment +$0.29 per $10,000 · paid last 24h +0.063%

Price spread now: GMX against Phoenix−0.575%7-day average — · you buy dearer than you sell

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

Long on Phoenix 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—needs both histories

Funding pays, the price is against you. GMX is 0.575% cheaper against Phoenix than usual: you would sell low and buy high (spread −0.575% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$57 on $10k: about 8.2 days of funding at the current rate (+$7 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix LIT	4.8232	−0.0017	get 0.0002% / 1h	56m 31s	$207K	$266K	5x
Short	GMX LIT/USD [ETH-USDC]	4.7955	L +0.0425% / S −0.0217%	get 0.0027% / 1h	56m 31s	$64K	—	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Phoenix. 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 PhoenixbpFee GMXbpOrdersPrice spread, now −0.575%Rate

Funding earned: $49.13
Price spread: −0.575% → 0.000%: −$57.46
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee GMX: 6 bp × 2 orders: −$12
Net: −$27.34
Costs to cover: 0.190%
Break-even: 10.9 days

Slippage unknown: Phoenix: live order book, 50 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 Phoenix live order book, 50 min ago	1.90 bp	16.1 bp −$16	57.9 bp −$579	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	−0.0584%	1h	4.7922	−0.643%	$42K	$40K	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0440%	1h	4.8177	−0.113%	$610K	$370K	50x	as long as short
Orderly PERP_LIT_USDC	−0.0375%	4h	4.7877	−0.736%	$33K	$1K	10x	as long as short
01 Exchange LITUSD	−0.0320%	1h	4.7762	−0.974%	$31K	$3K	5x	as long as short
Bullet LIT-USD	−0.0263%	1h	4.7914	−0.659%	$86K	$66K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0172%	4h	4.7763	−0.972%	$25.7M	$62.3M	50x	as long as short
GRVT LIT_USDT_Perp	−0.0060%	4h	4.8130	−0.211%	$892K	$1.9M	10x	as long as short
Polymarket Perps LIT-USD	−0.0020%	1h	4.7760	−0.979%	$448K	$83K	10x	as long as short
Phoenix LITlong	−0.0017%	1h	4.8232	long leg	$207K	$266K	5x
dYdX LIT-USD	0.0000%	1h	4.7901	−0.686%	$34K	—	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 −0.0002%	1h	4.7971	−0.542%	$11K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	−0.398%	$422	$178K	5.5x	as long as short
KuCoin LITUSDTM	+0.0076%	4h	4.7899	−0.690%	$5.4M	$1.0M	30x	as long as short
Paradex LIT-USD-PERP	+0.0094%	8h	4.7860	−0.771%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7942	−0.601%	$59.6M	$27.2M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7779	−0.938%	$2.1M	$1.6M	10x	as long as short
Pacifica LIT	+0.0100%	1h	4.7883	−0.724%	$614K	$1.7M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7768	−0.961%	$76.6M	$77.8M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.7743	−1.014%	$41.4M	$28.9M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7887	−0.715%	$124K	$465K	5x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7910	−0.668%	$2.8M	$4.1M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7821	−0.852%	$5.9M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7800	−0.896%	$6.8M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7926	−0.634%	$676K	$1.1M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.8093	−0.289%	$294K	$302K	10x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.8160	−0.149%	$57K	$75K	50x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7948	−0.589%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7897	−0.695%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7920	−0.647%	$1K	$340K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.8123	−0.226%	$200K	$343K	30x	as long as short
Phemex LITUSDT	+0.0100%	4h	4.7940	−0.605%	$1.4M	$2.8M	20x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.8185	−0.097%	$120K	$7K	10x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7843	−0.807%	$5.1M	$5.2M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7931	−0.625%	$150K	—	3x	as long as short
Perpl LIT	+0.0112%	43m	4.7889	−0.712%	$32K	$690K	33x	as long as short
Lighter RH LIT	+0.0112%	1h	4.7959	−0.566%	$3.6M	$13.0M	5x	as long as short
RISEx LIT/USDC	+0.0148%	1h	4.7867	−0.756%	$798K	$2.2M	5x	as long as short
Aftermath Perps LITUSD	+0.0165%	1h	4.8188	−0.090%	$9K	$220K	10x	as long as short
Hyperliquid LIT	+0.0184%	1h	4.7855	−0.782%	$215.9M	$41.8M	5x	as long as short
Aster LITUSDT	+0.0229%	4h	4.7846	−0.800%	$12.8M	$2.0M	50x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7905	−0.678%	$1.6M	$2.3M	75x	as long as short
GMX LIT/USD [ETH-USDC]short	L +0.0425% / S −0.0217%	1h	4.7955	−0.575%	$64K	—	50x