LIT

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	LighterLIT	3.8603	−0.0072	get 0.0009% / 1h	33m 56s	$37.8M	$21.7M	5x	Long Lighter7d free
SHORT	TxFlowLIT-USDC	3.8611	+0.0100	get 0.0013% / 1h	33m 56s	$454K	$1.1M	50x	Short TxFlow5% off

Price gap+0.021%

Funding gap+0.0172% /8h

Both sides work: funding pays +$5 a day on $10k, and the gap is 0.202% above its 7d average: +$20 more if it goes back.

If you open now and hold

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

Funding$0+0.0172% /8h now · paid +0.005% over the last 4 hours (all we have)

Price+$20spread +0.021% now, avg −0.181% → +0.202% if it goes back

Costs−$250.246% of $10k · taker + slippage, in and out

Result−$4−0.04%+ Points / potential airdropLighter: Season 3 · TxFlow: 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+0.021%

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 42 exchanges

lowest funding first

Before you open

5 ok · 1 to watch

OK: Fits both order books2.2 / 9.0 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage$2,000 + $200
Lighter 5x, TxFlow 50x. 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: +$5.16Long Lighter: 24 payments, +$2.16; short TxFlow: 24 payments, +$3.00.
OK: Entry gap works for you+0.021% vs −0.181%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$454K vs $37.8M OI
TxFlow sets your exit cost. Check its book before closing.
OK: Points on a legLighter Season 3 · TxFlow points
Volume here counts toward the points program.
OK: No KYC on either legLighter No · TxFlow 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+0.0090%/8h × 21 periods+$18.90

Price spread+0.021% → −0.181% (7d avg)+$20.16

Slippage, 4 orderslive order books−$15.64

Fee Lighter bp × 2 orders$0.00

Fee TxFlow bp × 2 orders−$9.00

Net · 7 days · $10k+$14.42

Costs to cover0.246%Break-even1.7 days

Slippage: Lighter: live order book, 5 min ago; TxFlow: live order book, 5 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGLighter0.392.2 bp−$28.3 bp−$83doesn’t fitdoesn’t fit

SELL · SHORTTxFlow0.399.0 bp−$935.5 bp−$355182.3 bp−$18.2K675.7 bp−$337.8K

Closing costs about the same again.

LIT news

posts that mention LIT, from every exchangeSearch all news →

10-02 18:46	RISEx	Other	$PUMP still lived up to the name +49.6%. $LIT was anything but -23.9%, the week's worst. Make of that what you will for this week @risextrade on X ↗
10-02 06:00	Derive	Other	Not a bad way to kick off October. $260M traded on Derive on October 1st. The two biggest prints: - 250x BTC 87K/90K call spread, Oct 9 ($42M notional) - 5,000x ETH 3,000/3,300 call spread, Oct 16 ($27M notional) Newer markets: 143 trades on $LIT, 44 on $PUMP. @DeriveXYZ on X ↗
10-02 05:45	Pacifica	Product	$LIT Print now live! @pacifica_fi on X ↗
10-02 05:06	Pacifica	Listing	$LIT Print is now live on Pacifica. Place Print $LIT orders with up to 10x leverage! Start printing: @pacifica_fi on X ↗
10-02 01:54	Derive	Other	Option boards for $LIT are up. First few trades are printing. 🔥 @DeriveXYZ on X ↗
10-01 09:12	Derive	Other	First big $LIT options trades are hitting the tape. LIT 27 Nov $6 Call 250,000x bought @ $0.4220 $105.5k premium, ~$986k notional Breakeven: $6.42 (+63% from spot) If LIT does a 2x to $7.88 by expiry, the position is worth $470k. That's +$364.5k profit, a ~4.5x on the premium. @DeriveXYZ on X ↗

LIT