LIT

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BackpackLIT_USDC_PERP	3.1920	−0.0164	get 0.0020% / 1h	19m 24s	$465K	$77K	5x	Long Backpack
SHORT	AZverselit_usdt	3.1962	+0.0024	get 0.0003% / 1h	19m 24s	$360K	$25K	—	Short AZverse

Price gap+0.132%

Funding gap+0.0187% /8h

Both sides work: funding pays +$6 a day on $10k, and the gap is 0.091% above its 7d average: +$9 more if it goes back.

If you open now and hold

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

Funding+$9+0.0187% /8h now · paid +0.086% over the last 22 hours (all we have)

Price+$9spread +0.132% now, avg +0.041% → +0.091% if it goes back

Costsno datano order book for AZverse

Result, before costs+$18+0.18%no pointscosts unknown: no order book for AZverse · 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+0.132%

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

2 ok · 2 to watch

Note: Order book unknown—
No order-book sample for AZverse: its slippage is not counted.
Note: Margin at max leverage$2,000 + —
Backpack 5x, AZverse —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: +$5.62Long Backpack: 24 payments, +$4.91; short AZverse: 24 payments, +$0.71.
OK: Entry gap works for you+0.132% vs +0.041%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$360K vs $465K OI
AZverse sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCBackpack Yes · AZverse No
KYC (ID, face scan, residency and source of income) before any trading.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0318%/8h × 21 periods+$66.87

Price spread+0.132% → +0.041% (7d avg)+$9.09

Slippage, 4 ordersno data for AZverse—

Fee Backpack bp × 2 orders−$10.00

Fee AZverse bp × 2 orders−$12.00

Net, fees only · 7 days · $10k+$53.96

Costs to cover0.220%Break-even1.4 days

Slippage: Backpack: live order book, 10 min ago; AZverse: no order-book sample

Cost to enter

taker + slippage from mid, one side

BUY · LONGBackpack0.167.9 bp−$828.8 bp−$288doesn’t fitdoesn’t fit

SELL · SHORTAZverse—————

Closing costs about the same again.
AZverse: 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