LIT

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	PerplLIT	3.1966	0	0.0000% / 43m	21m 10s	$16K	$220K	3x	Long Perpl
SHORT	AZverselit_usdt	3.1974	+0.0001	0.0000% / 1h	45m 10s	$361K	$25K	—	Short AZverse

Price gap+0.025%

Funding gap+0.0001% /8h

Funding is ≈ 0, so this is a price-spread trade: +$2 on $10k if the gap goes back to its 7d average.

If you open now and hold

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

Funding+$1+0.0001% /8h now · paid +0.011% over the last 22 hours (all we have)

Price+$2spread +0.025% now, avg +0.003% → +0.023% if it goes back

Costsno datano order book for Perpl and AZverse

Result, before costs+$3+0.03%+ Points / potential airdropPerpl: points · farm boardcosts unknown: no order book for Perpl and AZverse · What 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+0.025%

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

3 ok · 2 to watch

Note: Order book unknown—
No order-book sample for Perpl and AZverse: its slippage is not counted.
Note: Margin at max leverage$3,333 + —
Perpl 3x, AZverse —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ43m / 1h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: +$0.04Long Perpl: 33 payments, $0.00; short AZverse: 24 payments, +$0.04.
OK: Entry gap works for you+0.025% vs +0.003%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$16K vs $361K OI
Perpl sets your exit cost. Check its book before closing.
OK: Points on a legPerpl points
Volume here counts toward the points program.
OK: No KYC on either legPerpl No · AZverse 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+0.0040%/8h × 21 periods+$8.30

Price spread+0.025% → +0.003% (7d avg)+$2.27

Slippage, 4 ordersno data for Perpl and AZverse—

Fee Perpl bp × 2 orders−$6.90

Fee AZverse bp × 2 orders−$12.00

Net, fees only · 7 days · $10k−$8.32

Costs to cover0.189%Break-even14.0 days

Slippage: Perpl: no order-book sample; AZverse: no order-book sample

Cost to enter

taker + slippage from mid, one side

BUY · LONGPerpl—————

SELL · SHORTAZverse—————

Closing costs about the same again.
Perpl and AZverse: no data.

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