LIT

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	KuCoinLITUSDTM	3.0528	+0.0100	pay 0.0050% / 4h	3h 11m	$3.7M	$590K	30x	Long KuCoin
SHORT	Variational OmniLIGHTER	3.0411	+0.0100	get 0.0050% / 4h	3h 11m	$4.6M	$2.9M	50x	Short Variational Omni+15% pts

Price gap−0.384%

Funding gap0.0000% /8h

Funding is ≈ 0 and the gap is 0.221% under its 7d average: the price leg works against you, −$22 on $10k if it goes back.

If you open now and hold

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

Funding+$60.0000% /8h now · paid +0.057% over the last 7D

Price−$22spread −0.384% now, avg −0.163% → −0.221% if it goes back

Costs−$940.937% of $10k · taker + slippage, in and out

Result−$110−1.10%+ 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−0.384%

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 size22.4 / 27.4 bp
At $10k entering Variational Omni costs 27.4 bp, fee and slippage, 1.2× KuCoin’s.
Note: Margin at max leverage$333 + $200
KuCoin 30x, Variational Omni 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval4h / 4h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: $0.00Long KuCoin: 6 payments, −$3.00; short Variational Omni: 6 payments, +$3.00.
Watch: Gap narrower than usual−0.384% vs −0.163%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Note: Long leg is thinner$3.7M vs $4.6M OI
Both legs are deep; KuCoin is the smaller one.
OK: Points on a legVariational Omni points
Volume here counts toward the points program.
Watch: KYCKuCoin Yes · Variational Omni No
Standard KYC (ID and face check) for any product since Aug 2023.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0027%/8h × 21 periods+$5.67

Price spread−0.384% → −0.163% (7d avg)−$22.12

Slippage, 4 orderslive order books−$81.68

Fee KuCoin bp × 2 orders−$12.00

Fee Variational Omni bp × 2 orders$0.00

Net · 7 days · $10k−$110.14

Costs to cover0.937%Break-even143.1 days

Slippage: KuCoin: live order book, 6 min ago; Variational Omni: RFQ quote, 2 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGKuCoin9.7022.4 bp−$22259.6 bp−$2,596doesn’t fitdoesn’t fit

SELL · SHORTVariational Omni2.8827.4 bp−$2750.8 bp−$508doesn’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