Settings8H · net · $10k
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Funding arb · Price arb / Crypto

LIT

All LIT markets →
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
Bybit SpotLITUSDT
3.3719spotno funding——$15.5M1xBuy Bybit Spot
SHORT
BybitLITUSDT
3.3724−0.0260pay 0.0130% / 4h3h 46m$69.1M$43.4M75xShort Bybit
Price gap+0.016%
Funding gap−0.0260% /8h

The gap pays +$10 on $10k if it goes back to its 7d average, but funding costs $8 a day and eats that in about 31 hours.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$42−0.0260% /8h now · paid −0.421% over the last 7D
Price+$10spread +0.016% now, avg −0.085% → +0.101% if it goes back
Costs−$960.960% of $10k · taker + slippage, in and out
Result−$128−1.28%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now+0.016%
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 45 exchanges

lowest funding first

Before you open

2 ok · 2 to watch
  • Watch: Thin at this size21.7 / 22.6 bp
    At $10k entering Bybit costs 22.6 bp, fee and slippage, 1.0× Bybit Spot’s.
  • Note: Spot in full, margin on the short$10,000 + $133
    The spot leg is bought with the whole $10k; Bybit runs at up to 75x. Only the short can be liquidated, when the price rises, while the spot leg's gain is not yet realised: keep about 2× the margin on Bybit.
  • OK: Only the short pays funding— / 4h
    The spot leg pays no funding; Bybit settles every 4h.
    Next 24h at the current rates, on $10k a leg: −$7.79Long Bybit Spot: 0 payments, $0.00; short Bybit: 6 payments, −$7.79.
  • OK: Entry gap works for you+0.016% vs −0.085%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Note: Spot has no open interest$69.1M OI
    Only Bybit reports one; the spot book's depth is in the cost check above.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBybit Spot Yes · Bybit Yes
    Standard verification is mandatory for every product.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0200%/8h × 21 periods−$42.06
Price spread+0.016% → −0.085% (7d avg)+$10.10
Slippage, 4 orderslive order books−$65.01
Fee Bybit Spot bp × 2 orders−$20.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$127.98
Costs to cover0.960%Break-evennever at this rate
Slippage: Bybit Spot: live order book, 15 min ago; Bybit: live order book, 5 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBybit Spot4.2221.7 bp−$2252.2 bp−$522doesn’t fitdoesn’t fit
SELL · SHORTBybit3.0222.6 bp−$2346.4 bp−$464158.9 bp−$15.9Kdoesn’t fit

Closing costs about the same again.

Alert

LIT news

posts that mention LIT, from every exchange
10-31 16:14DeriveContestOctober at Derive: ➤ V3 Live. Launched with Ethereum custody, ZK proofs, sub-millisecond matching and no-code vaults. ➤ Governance. Submitted a CFTC comment letter on conflicts and affiliations. Proposed expansion into US-regulated derivatives markets through governance. ➤ Volume. $3.47B month to date, including $2.94B in options and ~$4B open interest. ➤ Trading. Added RFQ Price Protection, PUMP and VVV markets as well as LIT as collateral. ➤ HYPE. Integrating Elysium by @Kinetiq_xyz. Launched Road to Expiry with Kinetiq, a HYPE options contest with a ~$40k prize pool. Lowered margin and more borrowing power against HYPE and kHYPE. @DeriveXYZ on X ↗
10-30 14:20DeriveListingLIT is now live as collateral on Derive 🕯️ Deposit LIT and put it to work without selling it: • Margin LIT options and LIT-PERP • Sell covered calls against your LIT • Use it as cross-margin for BTC, ETH, HYPE and alts Keep your exposure to @Lighter_xyz while making your holdings productive. @DeriveXYZ on X ↗
10-29 18:30OKXOtherA fresh X Drops Club just landed in Europe: @CetusProtocol Trade CETUS, HYPE, ENA, LIT, GRASS, GRVT, FET, HUMA or LINK for a share of 4.5M $CETUS, with CETUS trades counting 5×. This one moves fast. Get in before Nov 1. @okx on X ↗
10-28 14:18DeriveOtherV3 is running smoothly, and our team keeps shipping improvements. Here are three updates traders can expect this week: • Lower options margin. You can trade BTC, ETH, and other supported options with less collateral in standard-margin accounts, leaving more available for your next trade. • More capital-efficient collateral. You can borrow more against $HYPE and $kHYPE in eligible accounts. • More collateral types. We'll add $LIT as collateral to back supported altcoin markets. @DeriveXYZ on X ↗
10-28 13:48DeriveOtherV3 is running smoothly, and our team keeps shipping improvements. Here are three features going into effect for traders soon: • Lower options margin. You can trade BTC, ETH, and other supported options with less collateral in standard-margin accounts, leaving more available for your next trade. • $DRV perps. You can trade DRV with up to 3x leverage and use your DRV holdings as collateral in supported accounts. • More collateral options. You can borrow more against HYPE and kHYPE in eligible accounts, and use $LIT to back supported altcoin trades. @DeriveXYZ on X ↗
10-23 16:16DeriveOtherBig 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 ↗