LIT

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	DeribitLIT_USDC-PERPETUAL	3.0525	0	0.0000% / 1h	43m 29s	$142K	$228K	10x	Long Deribit
SHORT	Ondo PerpsLIT-USD.P	3.0455	+0.0100	get 0.0013% / 1h	43m 29s	$55K	$13K	5x	Short Ondo Perps5% off

Price gap−0.230%

Funding gap+0.0100% /8h

Funding pays +$3 a day on $10k, but the gap is 0.230% under zero (no 7-day history yet): −$23 if it goes back, about 7.7 days of funding.

If you open now and hold

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

Funding+$36+0.0100% /8h now · paid +0.362% over the last 7D

Price—spread −0.230% now · no price history on both exchanges yet

Costsno datano order book for Ondo Perps

Result, before costs—+ Points / potential airdropOndo Perps: points · farm boardneeds both price histories

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−0.230%

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 · 2 to watch

Note: Order book unknown—
No order-book sample for Ondo Perps: its slippage is not counted.
Note: Margin at max leverage$1,000 + $2,000
Deribit 10x, Ondo Perps 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: +$3.00Long Deribit: 24 payments, $0.00; short Ondo Perps: 24 payments, +$3.00.
Note: No 7-day spread history−0.230%
The gap cannot be compared with its average yet.
Watch: Short leg is thinner$55K vs $142K OI
Ondo Perps sets your exit cost. Check its book before closing.
OK: Points on a legOndo Perps points
Volume here counts toward the points program.
Watch: KYCDeribit Yes · Ondo Perps No
ID, proof of address and a financial profile before any deposit; not for the US, Canada, Japan or retail UK clients.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0172%/8h × 21 periods+$36.17

Price spread−0.230% → 0−$23.00

Slippage, 4 ordersno data for Ondo Perps—

Fee Deribit bp × 2 orders−$7.00

Fee Ondo Perps bp × 2 orders−$5.00

Net, fees only · 7 days · $10k+$1.17

Costs to cover0.120%Break-even6.8 days

Slippage: Deribit: live order book, 63 min ago; Ondo Perps: no order-book sample

Cost to enter

taker + slippage from mid, one side

BUY · LONGDeribit5.849.4 bp−$9doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTOndo Perps—————

Closing costs about the same again.
Ondo Perps: no data.

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