LIT

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	TxFlowLIT-USDC	3.8634	+0.0063	pay 0.0008% / 1h	1m 29s	$461K	$1.1M	50x	Long TxFlow5% off
SHORT	AsterLITUSDT	3.8638	+0.0100	get 0.0050% / 4h	2h 01m	$10.1M	$1.1M	50x	Short Aster≤10% back

Price gap+0.009%

Funding gap+0.0037% /8h

Funding pays +$1 a day on $10k, but the gap is 0.181% under its 7d average: −$18 if it goes back, about 17 days of funding. At the last 7 days' pace that is about 10 months.

If you open now and hold

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

Funding$0+0.0037% /8h now · paid 0.000% over the last 5 hours (all we have)

Price−$18spread +0.009% now, avg +0.191% → −0.181% if it goes back

Costs−$330.333% of $10k · taker + slippage, in and out

Result−$51−0.51%+ Points / potential airdropTxFlow: points · Aster: Stage 5 · 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+0.009%

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 42 exchanges

lowest funding first

Before you open

3 ok · 3 to watch

OK: Fits both order books8.2 / 7.3 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage$200 + $200
TxFlow 50x, Aster 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: +$1.10Long TxFlow: 24 payments, −$1.90; short Aster: 6 payments, +$3.00.
Watch: Gap narrower than usual+0.009% vs +0.191%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Long leg is thinner$461K vs $10.1M OI
TxFlow sets your exit cost. Check its book before closing.
OK: Points on a legTxFlow points · Aster Stage 5
Volume here counts toward the points program.
OK: No KYC on either legTxFlow No · Aster 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+0.0002%/8h × 21 periods+$0.41

Price spread+0.009% → +0.191% (7d avg)−$18.14

Slippage, 4 orderslive order books−$16.33

Fee TxFlow bp × 2 orders−$9.00

Fee Aster bp × 2 orders−$8.00

Net · 7 days · $10k−$51.05

Costs to cover0.333%Break-even880.5 days

Slippage: TxFlow: live order book, 2 min ago; Aster: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGTxFlow0.138.2 bp−$836.5 bp−$365243.5 bp−$24.4K1041.7 bp−$520.8K

SELL · SHORTAster1.047.3 bp−$720.9 bp−$209doesn’t fitdoesn’t fit

Closing costs about the same again.

LIT news

posts that mention LIT, from every exchangeSearch all news →

10-02 18:46	RISEx	Other	$PUMP still lived up to the name +49.6%. $LIT was anything but -23.9%, the week's worst. Make of that what you will for this week @risextrade on X ↗
10-02 06:00	Derive	Other	Not a bad way to kick off October. $260M traded on Derive on October 1st. The two biggest prints: - 250x BTC 87K/90K call spread, Oct 9 ($42M notional) - 5,000x ETH 3,000/3,300 call spread, Oct 16 ($27M notional) Newer markets: 143 trades on $LIT, 44 on $PUMP. @DeriveXYZ on X ↗
10-02 05:45	Pacifica	Product	$LIT Print now live! @pacifica_fi on X ↗
10-02 05:06	Pacifica	Listing	$LIT Print is now live on Pacifica. Place Print $LIT orders with up to 10x leverage! Start printing: @pacifica_fi on X ↗
10-02 01:54	Derive	Other	Option boards for $LIT are up. First few trades are printing. 🔥 @DeriveXYZ on X ↗
10-01 09:12	Derive	Other	First big $LIT options trades are hitting the tape. LIT 27 Nov $6 Call 250,000x bought @ $0.4220 $105.5k premium, ~$986k notional Breakeven: $6.42 (+63% from spot) If LIT does a 2x to $7.88 by expiry, the position is worth $470k. That's +$364.5k profit, a ~4.5x on the premium. @DeriveXYZ on X ↗

LIT