LIT

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BingXLIGHTER-USDT	3.8642	+0.0100	pay 0.0050% / 4h	1h 23m	$970K	$8.6M	—	Long BingX
SHORT	ExtendedLIT-USD	3.8618	+0.0104	get 0.0013% / 1h	23m 04s	$3.1M	$4.0M	25x	Short Extended10% off

Price gap−0.061%

Funding gap+0.0004% /8h

Funding is ≈ 0 and the gap is at its 7d average: nothing to capture right now.

If you open now and hold

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

Funding+$1+0.0004% /8h now · paid +0.010% over the last 7D

Price−$2spread −0.061% now, avg −0.044% → −0.017% if it goes back

Costs−$360.359% of $10k · taker + slippage, in and out

Result−$37−0.37%+ Points / potential airdropExtended: 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−0.061%

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 44 exchanges

lowest funding first

Before you open

2 ok · 3 to watch

OK: Fits both order books10.5 / 4.9 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage— + $400
BingX —, Extended 25x. 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: +$0.12Long BingX: 6 payments, −$3.00; short Extended: 24 payments, +$3.12.
Note: Gap at its usual level−0.061% vs −0.044%
The price leg adds little either way.
Watch: Long leg is thinner$970K vs $3.1M OI
BingX sets your exit cost. Check its book before closing.
OK: Points on a legExtended points
Volume here counts toward the points program.
Watch: KYCBingX Yes · Extended 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+0.0005%/8h × 21 periods+$1.01

Price spread−0.061% → −0.044% (7d avg)−$1.71

Slippage, 4 orderslive order books−$20.87

Fee BingX bp × 2 orders−$10.00

Fee Extended bp × 2 orders−$5.00

Net · 7 days · $10k−$36.57

Costs to cover0.359%Break-even260.5 days

Slippage: BingX: live order book, 12 min ago; Extended: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBingX1.5610.5 bp−$1129.6 bp−$296134.3 bp−$13.4K671.7 bp−$335.9K

SELL · SHORTExtended0.784.9 bp−$530.0 bp−$300doesn’t fitdoesn’t fit

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