LIT

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	PhoenixLIT	2.7288	+0.0443	pay 0.0055% / 1h	59m 24s	$321K	$843K	5x	Long Phoenix
SHORT	TxFlowLIT-USDC	2.7268	+0.0100	get 0.0013% / 1h	59m 24s	$1.3M	$2.6M	50x	Short TxFlow5% off

Price gap−0.073%

Funding gap−0.0343% /8h

The gap pays +$16 on $10k if it goes back to its 7d average, but funding costs $10 a day and eats that in about 38 hours.

If you open now and hold

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

Funding+$25−0.0343% /8h now · paid +0.246% over the last 7D

Price+$16spread −0.073% now, avg −0.234% → +0.161% if it goes back

Costs−$860.865% of $10k · taker + slippage, in and out

Result−$46−0.46%+ Points / potential airdropTxFlow: 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−0.073%

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 · 2 to watch

Watch: Thin at this size19.9 / 18.5 bp
At $10k entering Phoenix costs 19.9 bp, fee and slippage, 1.1× TxFlow’s.
Note: Margin at max leverage$2,000 + $200
Phoenix 5x, TxFlow 50x. 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: −$10.30Long Phoenix: 24 payments, −$13.30; short TxFlow: 24 payments, +$3.00.
OK: Entry gap works for you−0.073% vs −0.234%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$321K vs $1.3M OI
Phoenix sets your exit cost. Check its book before closing.
OK: Points on a legTxFlow points
Volume here counts toward the points program.
OK: No KYC on either legPhoenix No · TxFlow 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+0.0117%/8h × 21 periods+$24.56

Price spread−0.073% → −0.234% (7d avg)+$16.11

Slippage, 4 orderslive order books−$70.47

Fee Phoenix bp × 2 orders−$7.00

Fee TxFlow bp × 2 orders−$9.00

Net · 7 days · $10k−$45.80

Costs to cover0.865%Break-even20.1 days

Slippage: Phoenix: live order book, 22 min ago; TxFlow: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGPhoenix2.9819.9 bp−$2065.7 bp−$657doesn’t fitdoesn’t fit

SELL · SHORTTxFlow6.0718.5 bp−$1988.2 bp−$882doesn’t fitdoesn’t fit

Closing costs about the same again.

LIT news

posts that mention LIT, from every exchangeSearch all news →

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
10-21 18:34	Polymarket Perps	Other	Go long or short LIT on Polymarket Perps👇 @Poly_Perps on X ↗

LIT