LIT

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	TxFlowLIT-USDC	3.0736	+0.0100	pay 0.0013% / 1h	53m 03s	$775K	$785K	50x	Long TxFlow5% off
SHORT	GRVTLIT_USDT_Perp	3.0849	+0.0100	get 0.0050% / 4h	2h 53m	$764K	$2.0M	10x	Short GRVT

Price gap+0.367%

Funding gap0.0000% /8h

Funding is ≈ 0, so this is a price-spread trade: +$26 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+$70.0000% /8h now · paid +0.072% over the last 7D

Price+$26spread +0.367% now, avg +0.105% → +0.262% if it goes back

Costs−$550.548% of $10k · taker + slippage, in and out

Result−$21−0.21%+ Points / potential airdropTxFlow: points · GRVT: 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+0.367%

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

4 ok · 2 to watch

OK: Fits both order books13.4 / 9.0 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage$200 + $1,000
TxFlow 50x, GRVT 10x. 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: $0.00Long TxFlow: 24 payments, −$3.00; short GRVT: 6 payments, +$3.00.
OK: Entry gap works for you+0.367% vs +0.105%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$764K vs $775K OI
GRVT sets your exit cost. Check its book before closing.
OK: Points on a legTxFlow points · GRVT points
Volume here counts toward the points program.
OK: No KYC on either legTxFlow No · GRVT 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+0.0034%/8h × 21 periods+$7.23

Price spread+0.367% → +0.105% (7d avg)+$26.23

Slippage, 4 orderslive order books−$36.77

Fee TxFlow bp × 2 orders−$9.00

Fee GRVT bp × 2 orders−$9.00

Net · 7 days · $10k−$21.31

Costs to cover0.548%Break-even27.6 days

Slippage: TxFlow: live order book, 59 min ago; GRVT: live order book, 5 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGTxFlow2.2713.4 bp−$1377.3 bp−$773doesn’t fitdoesn’t fit

SELL · SHORTGRVT1.629.0 bp−$931.4 bp−$314doesn’t fitdoesn’t fit

Closing costs about the same again.

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