Settings8H · net · $10k
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Funding arb · Price arb / Crypto

LIT

All LIT markets →
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
PacificaLIT
3.2094+0.0100pay 0.0013% / 1h18m 11s$901K$673K10xLong Pacifica10% back
SHORT
BloFinLIT-USDT
3.2058+0.0400get 0.0200% / 4h18m 11s$3.2M$1.9M75xShort BloFin
Price gap−0.111%
Funding gap+0.0300% /8h

Funding trade: +$9 a day on $10k at the current rate, before costs. The price gap is at its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$24+0.0300% /8h now · paid +0.242% over the last 7D
Price−$1spread −0.111% now, avg −0.098% → −0.012% if it goes back
Costs−$510.505% of $10k · taker + slippage, in and out
Result−$28−0.28%+ Points / potential airdropPacifica: points · farm board

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.111%
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 45 exchanges

lowest funding first

Before you open

1 ok · 4 to watch
  • Watch: Thin at this size9.5 / 15.2 bp
    At $10k entering BloFin costs 15.2 bp, fee and slippage, 1.6× Pacifica’s.
  • Note: Margin at max leverage$1,000 + $133
    Pacifica 10x, BloFin 75x. 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: +$9.00Long Pacifica: 24 payments, −$3.00; short BloFin: 6 payments, +$12.00.
  • Note: Gap at its usual level−0.111% vs −0.098%
    The price leg adds little either way.
  • Watch: Long leg is thinner$901K vs $3.2M OI
    Pacifica sets your exit cost. Check its book before closing.
  • OK: Points on a legPacifica points
    Volume here counts toward the points program.
  • Watch: KYCPacifica No · BloFin Limited
    No ID to trade futures, with no leverage limit, but withdrawals are capped at 20,000 USDT a day until you verify.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0115%/8h × 21 periods+$24.24
Price spread−0.111% → −0.098% (7d avg)−$1.24
Slippage, 4 orderslive order books−$30.53
Fee Pacifica bp × 2 orders−$8.00
Fee BloFin bp × 2 orders−$12.00
Net · 7 days · $10k−$27.53
Costs to cover0.505%Break-even14.9 days
Slippage: Pacifica: live order book, 26 min ago; BloFin: live order book, 6 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGPacifica3.739.5 bp−$932.6 bp−$326doesn’t fitdoesn’t fit
SELL · SHORTBloFin1.2415.2 bp−$1527.5 bp−$275doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

LIT news

posts that mention LIT, from every exchange
10-31 16:14DeriveContestOctober at Derive: ➤ V3 Live. Launched with Ethereum custody, ZK proofs, sub-millisecond matching and no-code vaults. ➤ Governance. Submitted a CFTC comment letter on conflicts and affiliations. Proposed expansion into US-regulated derivatives markets through governance. ➤ Volume. $3.47B month to date, including $2.94B in options and ~$4B open interest. ➤ Trading. Added RFQ Price Protection, PUMP and VVV markets as well as LIT as collateral. ➤ HYPE. Integrating Elysium by @Kinetiq_xyz. Launched Road to Expiry with Kinetiq, a HYPE options contest with a ~$40k prize pool. Lowered margin and more borrowing power against HYPE and kHYPE. @DeriveXYZ on X ↗
10-30 14:20DeriveListingLIT 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 18:30OKXOtherA 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 14:18DeriveOtherV3 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 13:48DeriveOtherV3 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 16:16DeriveOtherBig 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 ↗