LIT

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BulletLIT-USD	3.0447	−0.0542	get 0.0068% / 1h	8m 05s	$77K	$437K	20x	Long Bullet
SHORT	Variational OmniLIGHTER	3.0428	+0.0100	get 0.0050% / 4h	3h 08m	$4.6M	$2.9M	50x	Short Variational Omni+15% pts

Price gap−0.060%

Funding gap+0.0642% /8h

Both sides work: funding pays +$19 a day on $10k, and the gap is 0.068% above its 7d average: +$7 more if it goes back.

If you open now and hold

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

Funding+$118+0.0642% /8h now · paid +1.183% over the last 7D

Price+$7spread −0.060% now, avg −0.128% → +0.068% if it goes back

Costs−$510.514% of $10k · taker + slippage, in and out

Result+$74+0.74%+ 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−0.060%

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

3 ok · 3 to watch

Watch: Thin at this size1.8 / 20.1 bp
At $10k entering Variational Omni costs 20.1 bp, fee and slippage, 11.1× Bullet’s.
Note: Margin at max leverage$500 + $200
Bullet 20x, Variational Omni 50x. 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: +$19.27Long Bullet: 24 payments, +$16.27; short Variational Omni: 6 payments, +$3.00.
OK: Entry gap works for you−0.060% vs −0.128%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$77K vs $4.6M OI
Bullet sets your exit cost. Check its book before closing.
OK: Points on a legVariational Omni points
Volume here counts toward the points program.
OK: No KYC on either legBullet No · Variational Omni 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+0.0563%/8h × 21 periods+$118.27

Price spread−0.060% → −0.128% (7d avg)+$6.78

Slippage, 4 orderslive order books−$51.43

Fee Bullet bp × 2 orders$0.00

Fee Variational Omni bp × 2 orders$0.00

Net · 7 days · $10k+$73.61

Costs to cover0.514%Break-even2.6 days

Slippage: Bullet: live order book, 60 min ago; Variational Omni: RFQ quote, just now

Cost to enter

taker + slippage from mid, one side

BUY · LONGBullet0.331.8 bp−$27.4 bp−$74doesn’t fitdoesn’t fit

SELL · SHORTVariational Omni2.8820.1 bp−$2033.8 bp−$338doesn’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