LIT

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	AsterLITUSDT	3.8584	+0.0100	pay 0.0050% / 4h	2h 38m	$10.1M	$1.1M	50x	Long Aster≤10% back
SHORT	TxFlowLIT-USDC	3.8489	+0.0100	get 0.0013% / 1h	38m 21s	$453K	$1.1M	50x	Short TxFlow5% off

Price gap−0.246%

Funding gap0.0000% /8h

Funding is ≈ 0 and the gap is 0.055% under its 7d average: the price leg works against you, −$6 on $10k if it goes back.

If you open now and hold

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

Funding$00.0000% /8h now · paid 0.000% over the last 4 hours (all we have)

Price−$6spread −0.246% now, avg −0.190% → −0.055% if it goes back

Costs−$330.333% of $10k · taker + slippage, in and out

Result−$39−0.39%+ Points / potential airdropAster: Stage 5 · TxFlow: points · farm boardWhat the last 7D really paid, hour by hour → backtest

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−0.246%

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 42 exchanges

lowest funding first

Before you open

3 ok · 3 to watch

OK: Fits both order books6.2 / 9.0 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage$200 + $200
Aster 50x, TxFlow 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ4h / 1h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: $0.00Long Aster: 6 payments, −$3.00; short TxFlow: 24 payments, +$3.00.
Watch: Gap narrower than usual−0.246% vs −0.190%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Short leg is thinner$453K vs $10.1M OI
TxFlow sets your exit cost. Check its book before closing.
OK: Points on a legAster Stage 5 · TxFlow points
Volume here counts toward the points program.
OK: No KYC on either legAster No · TxFlow 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−0.0002%/8h × 21 periods−$0.47

Price spread−0.246% → −0.190% (7d avg)−$5.52

Slippage, 4 orderslive order books−$16.31

Fee Aster bp × 2 orders−$8.00

Fee TxFlow bp × 2 orders−$9.00

Net · 7 days · $10k−$39.30

Costs to cover0.333%Break-evennever at this rate

Slippage: Aster: live order book, 6 min ago; TxFlow: live order book, just now

Cost to enter

taker + slippage from mid, one side

BUY · LONGAster0.646.2 bp−$620.1 bp−$201doesn’t fitdoesn’t fit

SELL · SHORTTxFlow0.399.0 bp−$935.5 bp−$355182.3 bp−$18.2K675.7 bp−$337.8K

Closing costs about the same again.

LIT news

posts that mention LIT, from every exchangeSearch all news →

10-02 18:46	RISEx	Other	$PUMP still lived up to the name +49.6%. $LIT was anything but -23.9%, the week's worst. Make of that what you will for this week @risextrade on X ↗
10-02 06:00	Derive	Other	Not a bad way to kick off October. $260M traded on Derive on October 1st. The two biggest prints: - 250x BTC 87K/90K call spread, Oct 9 ($42M notional) - 5,000x ETH 3,000/3,300 call spread, Oct 16 ($27M notional) Newer markets: 143 trades on $LIT, 44 on $PUMP. @DeriveXYZ on X ↗
10-02 05:45	Pacifica	Product	$LIT Print now live! @pacifica_fi on X ↗
10-02 05:06	Pacifica	Listing	$LIT Print is now live on Pacifica. Place Print $LIT orders with up to 10x leverage! Start printing: @pacifica_fi on X ↗
10-02 01:54	Derive	Other	Option boards for $LIT are up. First few trades are printing. 🔥 @DeriveXYZ on X ↗
10-01 09:12	Derive	Other	First big $LIT options trades are hitting the tape. LIT 27 Nov $6 Call 250,000x bought @ $0.4220 $105.5k premium, ~$986k notional Breakeven: $6.42 (+63% from spot) If LIT does a 2x to $7.88 by expiry, the position is worth $470k. That's +$364.5k profit, a ~4.5x on the premium. @DeriveXYZ on X ↗

LIT