LIT

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	AZverselit_usdt	3.2442	−0.0022	get 0.0003% / 1h	45m 53s	$365K	$25K	—	Long AZverse
SHORT	OrderlyPERP_LIT_USDC	3.2410	−0.0209	pay 0.0104% / 4h	3h 45m	$32K	$158K	10x	Short Orderly

Price gap−0.099%

Funding gap−0.0187% /8h

Both sides work against this direction now: funding costs $6 a day on $10k and the gap is 0.022% 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−$10−0.0187% /8h now · paid −0.097% over the last 20 hours (all we have)

Price−$2spread −0.099% now, avg −0.077% → −0.022% if it goes back

Costsno datano order book for AZverse and Orderly

Result, before costs−$12−0.12%no pointscosts unknown: no order book for AZverse and Orderly · What 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−0.099%

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 47 exchanges

lowest funding first

Before you open

1 ok · 3 to watch

Note: Order book unknown—
No order-book sample for AZverse and Orderly: its slippage is not counted.
Note: Margin at max leverage— + $1,000
AZverse —, Orderly 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ1h / 4h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$5.60Long AZverse: 24 payments, +$0.66; short Orderly: 6 payments, −$6.26.
Watch: Gap narrower than usual−0.099% vs −0.077%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Short leg is thinner$32K vs $365K OI
Orderly sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
OK: No KYC on either legAZverse No · Orderly 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−0.0383%/8h × 21 periods−$80.47

Price spread−0.099% → −0.077% (7d avg)−$2.17

Slippage, 4 ordersno data for AZverse and Orderly—

Fee AZverse bp × 2 orders−$12.00

Fee Orderly bp × 2 orders−$6.00

Net, fees only · 7 days · $10k−$100.63

Costs to cover0.180%Break-evennever at this rate

Slippage: AZverse: no order-book sample; Orderly: no order-book sample

Cost to enter

taker + slippage from mid, one side

BUY · LONGAZverse—————

SELL · SHORTOrderly—————

Closing costs about the same again.
AZverse and Orderly: no data.

LIT news

posts that mention LIT, from every exchangeSearch all news →

10-23 16:16	Derive	Other	Big LIT options flow on Derive 🕯️ A trader sold $330k notional of LIT calls expiring 25 December, collecting $31k in premium upfront. TL;DR: they’re selling upside roughly ~36% above spot into year-end. @DeriveXYZ on X ↗
10-23 09:05	Reya	Listing	new market LITRUSDPERP ($LIT) seen by our collector
10-21 18:34	Polymarket Perps	Other	Go long or short LIT on Polymarket Perps👇 @Poly_Perps on X ↗
10-21 12:23	OKX	Other	ZEC (@Zcash) takes the spotlight in X Drops in Europe. Hold ZEC, TAO, LTC, ONDO, LINK, ZRO, LIT, ENA, DOGE or ARB for a share of 200 $ZEC, with 2× on all ZEC trades. Ends Oct 26, 14:00 CEST. @okx on X ↗
10-16 18:52	Ondo Perps	Listing	New perps across FX, equities, & crypto: ▸ EUR/USD - Euro / US Dollar ▸ DKNG - DraftKings ▸ SKHYNIX - SK hynix (KRX) ▸ LIT - Lighter ▸ NEAR - NEAR Protocol Trade now → @OndoPerps on X ↗
10-16 11:32	Ondo Perps	Listing	new market LIT-USD.P ($LIT) seen by our collector

LIT