LIT

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	ExtendedLIT-USD	3.0925	−0.0160	get 0.0020% / 1h	11m 59s	$2.1M	$1.8M	25x	Long Extended10% off
SHORT	Variational OmniLIGHTER	3.0786	+0.0100	get 0.0050% / 4h	2h 11m	$4.7M	$3.0M	50x	Short Variational Omni+15% pts

Price gap−0.450%

Funding gap+0.0260% /8h

Funding pays +$8 a day on $10k, but the gap is 0.450% under its 7d average: −$45 if it goes back, about 5.8 days of funding. At the last 7 days' pace that is about 25 days.

If you open now and hold

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

Funding+$13+0.0260% /8h now · paid +0.127% over the last 7D

Price−$45spread −0.450% now, avg 0.000% → −0.450% if it goes back

Costs−$600.602% of $10k · taker + slippage, in and out

Result−$92−0.92%+ Points / potential airdropExtended: points · Variational Omni: points · farm boardWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.127% in total, about +0.0061%/8h on average.

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−0.450%

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 · 3 to watch

Watch: Thin at this size4.2 / 17.6 bp
At $10k entering Variational Omni costs 17.6 bp, fee and slippage, 4.2× Extended’s.
Note: Margin at max leverage$400 + $200
Extended 25x, 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: +$7.80Long Extended: 24 payments, +$4.80; short Variational Omni: 6 payments, +$3.00.
Watch: Gap narrower than usual−0.450% vs 0.000%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Note: Long leg is thinner$2.1M vs $4.7M OI
Both legs are deep; Extended is the smaller one.
OK: Points on a legExtended points · Variational Omni points
Volume here counts toward the points program.
OK: No KYC on either legExtended 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+0.0061%/8h × 21 periods+$12.74

Price spread−0.450% → 0.000% (7d avg)−$44.98

Slippage, 4 orderslive order books−$55.22

Fee Extended bp × 2 orders−$5.00

Fee Variational Omni bp × 2 orders$0.00

Net · 7 days · $10k−$92.46

Costs to cover0.602%Break-even57.8 days

Slippage: Extended: live order book, 3 min ago; Variational Omni: RFQ quote, 3 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGExtended0.494.2 bp−$418.4 bp−$184doesn’t fitdoesn’t fit

SELL · SHORTVariational Omni3.2117.6 bp−$1829.1 bp−$291doesn’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