LIT

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	TxFlowLIT-USDC	3.8647	+0.0057	pay 0.0007% / 1h	47m 28s	$465K	$1.1M	50x	Long TxFlow5% off
SHORT	LighterLIT	3.8675	+0.0048	get 0.0006% / 1h	47m 28s	$37.9M	$20.9M	5x	Short Lighter7d free

Price gap+0.072%

Funding gap−0.0009% /8h

Funding is ≈ 0 and the gap is 0.109% under its 7d average: the price leg works against you, −$11 on $10k if it goes back.

If you open now and hold

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

Funding$0−0.0009% /8h now · paid −0.005% over the last 5 hours (all we have)

Price−$11spread +0.072% now, avg +0.181% → −0.109% if it goes back

Costs−$270.271% of $10k · taker + slippage, in and out

Result−$38−0.38%+ Points / potential airdropTxFlow: points · Lighter: Season 3 · 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+0.072%

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

4 ok · 2 to watch

OK: Fits both order books9.4 / 3.9 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage$200 + $2,000
TxFlow 50x, Lighter 5x. 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: −$0.26Long TxFlow: 24 payments, −$1.70; short Lighter: 24 payments, +$1.44.
Watch: Gap narrower than usual+0.072% vs +0.181%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Long leg is thinner$465K vs $37.9M OI
TxFlow sets your exit cost. Check its book before closing.
OK: Points on a legTxFlow points · Lighter Season 3
Volume here counts toward the points program.
OK: No KYC on either legTxFlow No · Lighter 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−0.0077%/8h × 21 periods−$16.08

Price spread+0.072% → +0.181% (7d avg)−$10.88

Slippage, 4 orderslive order books−$18.12

Fee TxFlow bp × 2 orders−$9.00

Fee Lighter bp × 2 orders$0.00

Net · 7 days · $10k−$54.08

Costs to cover0.271%Break-evennever at this rate

Slippage: TxFlow: live order book, 1 min ago; Lighter: live order book, 7 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGTxFlow0.139.4 bp−$960.2 bp−$602252.2 bp−$25.2K980.8 bp−$490.4K

SELL · SHORTLighter0.783.9 bp−$415.2 bp−$152doesn’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