LIT

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	NadoLIT-PERP	3.0560	−0.0197	get 0.0025% / 1h	12m 10s	$1.1M	$1.3M	10x	Long Nado20% off
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−0.490%

Funding gap+0.0297% /8h

Funding pays +$9 a day on $10k, but the gap is 0.369% under its 7d average: −$37 if it goes back, about 4.1 days of funding. At the last 7 days' pace that is about 10 days.

If you open now and hold

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

Funding+$25+0.0297% /8h now · paid +0.249% over the last 7D

Price−$37spread −0.490% now, avg −0.121% → −0.369% if it goes back

Costs−$670.670% of $10k · taker + slippage, in and out

Result−$79−0.79%+ Points / potential airdropNado: points · 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−0.490%

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 size8.4 / 27.4 bp
At $10k entering Variational Omni costs 27.4 bp, fee and slippage, 3.3× Nado’s.
Note: Margin at max leverage$1,000 + $200
Nado 10x, 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: +$8.90Long Nado: 24 payments, +$5.90; short Variational Omni: 6 payments, +$3.00.
Watch: Gap narrower than usual−0.490% vs −0.121%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Note: Long leg is thinner$1.1M vs $4.6M OI
Both legs are deep; Nado is the smaller one.
OK: Points on a legNado points · Variational Omni points
Volume here counts toward the points program.
OK: No KYC on either legNado 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+0.0119%/8h × 21 periods+$24.95

Price spread−0.490% → −0.121% (7d avg)−$36.89

Slippage, 4 orderslive order books−$60.01

Fee Nado bp × 2 orders−$7.00

Fee Variational Omni bp × 2 orders$0.00

Net · 7 days · $10k−$78.95

Costs to cover0.670%Break-even29.2 days

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

Cost to enter

taker + slippage from mid, one side

BUY · LONGNado0.168.4 bp−$816.9 bp−$169doesn’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