LIT

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BinanceLITUSDT	3.0950	+0.0082	pay 0.0041% / 4h	15m 56s	$52.3M	$31.6M	75x	Long Binance
SHORT	Variational OmniLIGHTER	3.0756	+0.0100	get 0.0050% / 4h	15m 56s	$4.8M	$3.0M	50x	Short Variational Omni+15% pts

Price gap−0.625%

Funding gap+0.0018% /8h

Funding pays +$1 a day on $10k, but the gap is 0.530% under its 7d average: −$53 if it goes back, about 3 months of funding. At the last 7 days' pace that is about 27 days.

If you open now and hold

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

Funding+$14+0.0018% /8h now · paid +0.135% over the last 7D

Price−$53spread −0.625% now, avg −0.095% → −0.530% if it goes back

Costs−$880.876% of $10k · taker + slippage, in and out

Result−$127−1.27%+ Points / potential airdropVariational Omni: 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−0.625%

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 · 4 to watch

Watch: Thin at this size15.9 / 29.4 bp
At $10k entering Variational Omni costs 29.4 bp, fee and slippage, 1.8× Binance’s.
Note: Margin at max leverage$133 + $200
Binance 75x, Variational Omni 50x. 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: +$0.55Long Binance: 6 payments, −$2.45; short Variational Omni: 6 payments, +$3.00.
Watch: Gap narrower than usual−0.625% vs −0.095%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Short leg is thinner$4.8M vs $52.3M OI
Variational Omni sets your exit cost. Check its book before closing.
OK: Points on a legVariational Omni points
Volume here counts toward the points program.
Watch: KYCBinance Yes · Variational Omni No
Verified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0064%/8h × 21 periods+$13.52

Price spread−0.625% → −0.095% (7d avg)−$52.99

Slippage, 4 orderslive order books−$77.59

Fee Binance bp × 2 orders−$10.00

Fee Variational Omni bp × 2 orders$0.00

Net · 7 days · $10k−$127.05

Costs to cover0.876%Break-even72.8 days

Slippage: Binance: live order book, 13 min ago; Variational Omni: RFQ quote, 4 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBinance0.6515.9 bp−$1637.6 bp−$376doesn’t fitdoesn’t fit

SELL · SHORTVariational Omni2.8829.4 bp−$2953.5 bp−$535doesn’t fitdoesn’t fit

Closing costs about the same again.

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