LIT

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BingXLIGHTER-USDT	3.0905	+0.0100	pay 0.0050% / 4h	1h 14m	$970K	$7.4M	—	Long BingX
SHORT	BulkLIT-USD	3.1006	+0.0010	get 0.0001% / 1h	14m 22s	$384K	$92K	10x	Short Bulk

Price gap+0.328%

Funding gap−0.0090% /8h

The gap pays +$48 on $10k if it goes back to its 7d average, but funding costs $3 a day and eats that in about 18 days.

If you open now and hold

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

Funding−$27−0.0090% /8h now · paid −0.266% over the last 7D

Price+$48spread +0.328% now, avg −0.151% → +0.478% if it goes back

Costs−$410.413% of $10k · taker + slippage, in and out

Result−$20−0.20%no pointsWhat 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+0.328%

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 · 4 to watch

Watch: Thin at this size17.0 / 4.5 bp
At $10k entering BingX costs 17.0 bp, fee and slippage, 3.8× Bulk’s.
Note: Margin at max leverage— + $1,000
BingX —, Bulk 10x. 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: −$2.71Long BingX: 6 payments, −$3.00; short Bulk: 24 payments, +$0.29.
OK: Entry gap works for you+0.328% vs −0.151%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$384K vs $970K OI
Bulk sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCBingX Yes · Bulk No
Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0127%/8h × 21 periods−$26.64

Price spread+0.328% → −0.151% (7d avg)+$47.84

Slippage, 4 orderslive order books−$24.29

Fee BingX bp × 2 orders−$10.00

Fee Bulk bp × 2 orders−$7.00

Net · 7 days · $10k−$20.09

Costs to cover0.413%Break-evenfrom the start

Slippage: BingX: live order book, 9 min ago; Bulk: live order book, 26 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBingX0.4817.0 bp−$1737.7 bp−$377185.5 bp−$18.6K819.4 bp−$409.7K

SELL · SHORTBulk0.164.5 bp−$46.5 bp−$65doesn’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