LIT

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	LighterLIT	3.0510	−0.1088	get 0.0136% / 1h	12m 13s	$29.7M	$16.3M	5x	Long Lighter7d free
SHORT	Variational OmniLIGHTER	3.0411	+0.0100	get 0.0050% / 4h	3h 12m	$4.6M	$2.9M	50x	Short Variational Omni+15% pts

Price gap−0.325%

Funding gap+0.1188% /8h

Funding pays +$36 a day on $10k, but the gap is 0.152% under its 7d average: −$15 if it goes back, about 10 hours of funding. At the last 7 days' pace that is about 7.8 days.

If you open now and hold

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

Funding+$14+0.1188% /8h now · paid +0.137% over the last 7D

Price−$15spread −0.325% now, avg −0.173% → −0.152% if it goes back

Costs−$570.569% of $10k · taker + slippage, in and out

Result−$58−0.58%+ Points / potential airdropLighter: Season 3 · 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 +0.137% in total, about +0.0065%/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−0.325%

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 · 4 to watch

Watch: Thin at this size2.2 / 27.4 bp
At $10k entering Variational Omni costs 27.4 bp, fee and slippage, 12.3× Lighter’s.
Note: Margin at max leverage$2,000 + $200
Lighter 5x, 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: +$35.64Long Lighter: 24 payments, +$32.64; short Variational Omni: 6 payments, +$3.00.
Watch: Gap narrower than usual−0.325% vs −0.173%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Short leg is thinner$4.6M vs $29.7M OI
Variational Omni sets your exit cost. Check its book before closing.
OK: Points on a legLighter Season 3 · Variational Omni points
Volume here counts toward the points program.
OK: No KYC on either legLighter 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+0.0065%/8h × 21 periods+$13.73

Price spread−0.325% → −0.173% (7d avg)−$15.22

Slippage, 4 orderslive order books−$56.92

Fee Lighter bp × 2 orders$0.00

Fee Variational Omni bp × 2 orders$0.00

Net · 7 days · $10k−$58.41

Costs to cover0.569%Break-even36.8 days

Slippage: Lighter: live order book, 6 min ago; Variational Omni: RFQ quote, 1 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGLighter0.172.2 bp−$211.2 bp−$112doesn’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