LIT

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Ondo PerpsLIT-USD.P	2.7006	+0.0100	pay 0.0013% / 1h	11m 45s	$248K	$40K	5x	Long Ondo Perps5% off
SHORT	InjectiveLIT/USDC PERP	2.7035	−0.5000	pay 0.0625% / 1h	11m 45s	$8K	$121K	5x	Short Injective

Price gap+0.109%

Funding gap−0.5100% /8h

The gap pays +$19 on $10k if it goes back to its 7d average, but funding costs $153 a day and eats that in about 3 hours.

If you open now and hold

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

Funding+$280−0.5100% /8h now · paid +2.804% over the last 7D

Price+$19spread +0.109% now, avg −0.083% → +0.192% if it goes back

Costsno datano order book for Injective

Result, before costs+$300+3.00%+ Points / potential airdropOndo Perps: points · farm boardcosts unknown: no order book for Injective · What the last 7D really paid, hour by hour → backtest

The current funding rate is far below what this pair has been paying: over the last 7 days it paid +2.804% in total, about +0.1335%/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+0.109%

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

4 ok · 1 to watch

Note: Order book unknown—
No order-book sample for Injective: its slippage is not counted.
Note: Margin at max leverage$2,000 + $2,000
Ondo Perps 5x, Injective 5x. 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: −$153.00Long Ondo Perps: 24 payments, −$3.00; short Injective: 24 payments, −$150.00.
OK: Entry gap works for you+0.109% vs −0.083%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$8K vs $248K OI
Injective sets your exit cost. Check its book before closing.
OK: Points on a legOndo Perps points
Volume here counts toward the points program.
OK: No KYC on either legOndo Perps No · Injective 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+0.1335%/8h × 21 periods+$280.38

Price spread+0.109% → −0.083% (7d avg)+$19.18

Slippage, 4 ordersno data for Injective—

Fee Ondo Perps bp × 2 orders−$5.00

Fee Injective bp × 2 orders−$0.02

Net, fees only · 7 days · $10k+$294.54

Costs to cover0.050%Break-evenfrom the start

Slippage: Ondo Perps: live order book, 25 min ago; Injective: no order-book sample

Cost to enter

taker + slippage from mid, one side

BUY · LONGOndo Perps8.69doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTInjective—————

Closing costs about the same again.
Injective: no data.

LIT news

posts that mention LIT, from every exchangeSearch all news →

10-30 14:20	Derive	Listing	LIT is now live as collateral on Derive 🕯️ Deposit LIT and put it to work without selling it: • Margin LIT options and LIT-PERP • Sell covered calls against your LIT • Use it as cross-margin for BTC, ETH, HYPE and alts Keep your exposure to @Lighter_xyz while making your holdings productive. @DeriveXYZ on X ↗
10-29 18:30	OKX	Other	A fresh X Drops Club just landed in Europe: @CetusProtocol Trade CETUS, HYPE, ENA, LIT, GRASS, GRVT, FET, HUMA or LINK for a share of 4.5M $CETUS, with CETUS trades counting 5×. This one moves fast. Get in before Nov 1. @okx on X ↗
10-28 14:18	Derive	Other	V3 is running smoothly, and our team keeps shipping improvements. Here are three updates traders can expect this week: • Lower options margin. You can trade BTC, ETH, and other supported options with less collateral in standard-margin accounts, leaving more available for your next trade. • More capital-efficient collateral. You can borrow more against $HYPE and $kHYPE in eligible accounts. • More collateral types. We'll add $LIT as collateral to back supported altcoin markets. @DeriveXYZ on X ↗
10-28 13:48	Derive	Other	V3 is running smoothly, and our team keeps shipping improvements. Here are three features going into effect for traders soon: • Lower options margin. You can trade BTC, ETH, and other supported options with less collateral in standard-margin accounts, leaving more available for your next trade. • $DRV perps. You can trade DRV with up to 3x leverage and use your DRV holdings as collateral in supported accounts. • More collateral options. You can borrow more against HYPE and kHYPE in eligible accounts, and use $LIT to back supported altcoin trades. @DeriveXYZ on X ↗
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

LIT