LIT

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	AsterLITUSDT	3.4178	+0.0100	pay 0.0050% / 4h	0m 31s	$8.7M	$4.9M	50x	Long Aster≤10% back
SHORT	GRVTLIT_USDT_Perp	3.4092	+0.0062	get 0.0031% / 4h	0m 31s	$593K	$1.9M	10x	Short GRVT

Price gap−0.254%79s

Funding gap−0.0038% /8h

Both sides work against this direction now: funding costs $1 a day on $10k and the gap is 0.170% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$1−0.0038% /8h now · paid −0.014% over the last 7D

Price—spread −0.254%79s now · prices read too far apart to compare

Costs−$400.401% of $10k · taker + slippage, in and out

Result—+ Points / potential airdropAster: Stage 5 · GRVT: points · farm boardneeds both prices read together

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.254%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

LIT on 45 exchanges

lowest funding first

Before you open

4 ok · 2 to watch

OK: Fits both order books7.9 / 10.8 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage$200 + $1,000
Aster 50x, GRVT 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval4h / 4h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$1.14Long Aster: 6 payments, −$3.00; short GRVT: 6 payments, +$1.86.
Watch: Prices read 79 s apart−0.254% vs −0.084%
Part of this gap may be the market moving.
Watch: Short leg is thinner$593K vs $8.7M OI
GRVT sets your exit cost. Check its book before closing.
OK: Points on a legAster Stage 5 · GRVT points
Volume here counts toward the points program.
OK: No KYC on either legAster No · GRVT No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0007%/8h × 21 periods−$1.40

Price spreadprices read too far apart to compare—

Slippage, 4 orderslive order books−$23.10

Fee Aster bp × 2 orders−$8.00

Fee GRVT bp × 2 orders−$9.00

Net · 7 days · $10k−$41.50

price spread not counted: prices read too far apart

Costs to cover0.401%Break-evennever at this rate

Slippage: Aster: live order book, 6 min ago; GRVT: live order book, 1 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGAster2.347.9 bp−$835.8 bp−$358doesn’t fitdoesn’t fit

SELL · SHORTGRVT3.3710.8 bp−$1128.4 bp−$284doesn’t fitdoesn’t fit

Closing costs about the same again.

LIT news

posts that mention LIT, from every exchange

10-31 16:14	Derive	Contest	October at Derive: ➤ V3 Live. Launched with Ethereum custody, ZK proofs, sub-millisecond matching and no-code vaults. ➤ Governance. Submitted a CFTC comment letter on conflicts and affiliations. Proposed expansion into US-regulated derivatives markets through governance. ➤ Volume. $3.47B month to date, including $2.94B in options and ~$4B open interest. ➤ Trading. Added RFQ Price Protection, PUMP and VVV markets as well as LIT as collateral. ➤ HYPE. Integrating Elysium by @Kinetiq_xyz. Launched Road to Expiry with Kinetiq, a HYPE options contest with a ~$40k prize pool. Lowered margin and more borrowing power against HYPE and kHYPE. @DeriveXYZ on X ↗
10-30 14:20	Derive	Listing	LIT is now live as collateral on Derive 🕯️ Deposit LIT and put it to work without selling it: • Margin LIT options and LIT-PERP • Sell covered calls against your LIT • Use it as cross-margin for BTC, ETH, HYPE and alts Keep your exposure to @Lighter_xyz while making your holdings productive. @DeriveXYZ on X ↗
10-29 18:30	OKX	Other	A fresh X Drops Club just landed in Europe: @CetusProtocol Trade CETUS, HYPE, ENA, LIT, GRASS, GRVT, FET, HUMA or LINK for a share of 4.5M $CETUS, with CETUS trades counting 5×. This one moves fast. Get in before Nov 1. @okx on X ↗
10-28 14:18	Derive	Other	V3 is running smoothly, and our team keeps shipping improvements. Here are three updates traders can expect this week: • Lower options margin. You can trade BTC, ETH, and other supported options with less collateral in standard-margin accounts, leaving more available for your next trade. • More capital-efficient collateral. You can borrow more against $HYPE and $kHYPE in eligible accounts. • More collateral types. We'll add $LIT as collateral to back supported altcoin markets. @DeriveXYZ on X ↗
10-28 13:48	Derive	Other	V3 is running smoothly, and our team keeps shipping improvements. Here are three features going into effect for traders soon: • Lower options margin. You can trade BTC, ETH, and other supported options with less collateral in standard-margin accounts, leaving more available for your next trade. • $DRV perps. You can trade DRV with up to 3x leverage and use your DRV holdings as collateral in supported accounts. • More collateral options. You can borrow more against HYPE and kHYPE in eligible accounts, and use $LIT to back supported altcoin trades. @DeriveXYZ on X ↗
10-23 16:16	Derive	Other	Big LIT options flow on Derive 🕯️ A trader sold $330k notional of LIT calls expiring 25 December, collecting $31k in premium upfront. TL;DR: they’re selling upside roughly ~36% above spot into year-end. @DeriveXYZ on X ↗

LIT