LIT

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Lighter RHLIT	3.1706	+0.0096	pay 0.0012% / 1h	12m 38s	$2.0M	$2.4M	5x	Long Lighter RH+10% pts
SHORT	Variational OmniLIGHTER	3.1664	+0.0100	get 0.0050% / 4h	2h 12m	$4.9M	$2.9M	50x	Short Variational Omni+15% pts

Price gap−0.132%

Funding gap+0.0004% /8h

Funding is ≈ 0 and the gap is at its 7d average: nothing to capture right now.

If you open now and hold

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

Funding+$17+0.0004% /8h now · paid +0.170% over the last 7D

Price+$1spread −0.132% now, avg −0.141% → +0.009% if it goes back

Costs−$540.544% of $10k · taker + slippage, in and out

Result−$37−0.37%+ Points / potential airdropLighter RH: Points live · Variational 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−0.132%

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 46 exchanges

lowest funding first

Before you open

2 ok · 2 to watch

Watch: Thin at this size4.0 / 20.5 bp
At $10k entering Variational Omni costs 20.5 bp, fee and slippage, 5.1× Lighter RH’s.
Note: Margin at max leverage$2,000 + $200
Lighter RH 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: +$0.12Long Lighter RH: 24 payments, −$2.88; short Variational Omni: 6 payments, +$3.00.
Note: Gap at its usual level−0.132% vs −0.141%
The price leg adds little either way.
Note: Long leg is thinner$2.0M vs $4.9M OI
Both legs are deep; Lighter RH is the smaller one.
OK: Points on a legLighter RH Points live · Variational Omni points
Volume here counts toward the points program.
OK: No KYC on either legLighter RH 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+0.0081%/8h × 21 periods+$17.00

Price spread−0.132% → −0.141% (7d avg)+$0.88

Slippage, 4 orderslive order books−$54.44

Fee Lighter RH bp × 2 orders$0.00

Fee Variational Omni bp × 2 orders$0.00

Net · 7 days · $10k−$36.57

Costs to cover0.544%Break-even22.1 days

Slippage: Lighter RH: live order book, 5 min ago; Variational Omni: RFQ quote, 1 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGLighter RH2.844.0 bp−$412.3 bp−$123doesn’t fitdoesn’t fit

SELL · SHORTVariational Omni2.8720.5 bp−$2036.1 bp−$361doesn’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