TxFlow Level Up: trade perps and earn up to 300 USDC at $4M volume. Until Nov 2 Join
Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
My profile →
My profile
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG2.7300+0.0100pay 0.0013% / 1h53m 20s$1.2M$2.6M50xLong TxFlow5% off
SHORT2.7298+0.0443get 0.0055% / 1h53m 20s$314K$844K5xShort Phoenix
Price gap−0.007%
Funding gap+0.0343% /8h

Funding pays +$10 a day on $10k, but the gap is 0.240% under its 7d average: −$24 if it goes back, about 2.3 days of funding.

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−$24spread −0.007% now, avg +0.233% → −0.240% if it goes back
Costs−$760.758% of $10k · taker + slippage, in and out
Result−$124−1.24%+ Points / potential airdropTxFlow: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.007%
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

3 ok · 3 to watch
  • Watch: Thin at this size17.2 / 19.9 bp
    At $10k entering Phoenix costs 19.9 bp, fee and slippage, 1.2× TxFlow’s.
  • Note: Margin at max leverage$200 + $2,000
    TxFlow 50x, Phoenix 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: +$10.30Long TxFlow: 24 payments, −$3.00; short Phoenix: 24 payments, +$13.30.
  • Watch: Gap narrower than usual−0.007% vs +0.233%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Short leg is thinner$314K vs $1.2M 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 legTxFlow No · Phoenix 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−0.007% → +0.233% (7d avg)−$24.04
Slippage, 4 orderslive order books−$59.76
Fee TxFlow bp × 2 orders−$9.00
Fee Phoenix bp × 2 orders−$7.00
Net · 7 days · $10k−$124.36
Costs to cover0.758%Break-evennever at this rate
Slippage: TxFlow: live order book, 4 min ago; Phoenix: live order book, 33 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGTxFlow4.7817.2 bp−$1780.9 bp−$809doesn’t fitdoesn’t fit
SELL · SHORTPhoenix2.8619.9 bp−$2057.6 bp−$576doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

LIT news

posts that mention LIT, from every exchangeSearch all news →
10-29 18:30OKXOtherA 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 14:18DeriveOtherV3 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 13:48DeriveOtherV3 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 16:16DeriveOtherBig LIT options flow on Derive 🕯️ A trader sold $330k notional of LIT calls expiring 25 December, collecting $31k in premium upfront. TL;DR: they’re selling upside roughly ~36% above spot into year-end. @DeriveXYZ on X ↗
10-23 09:05ReyaListingnew market LITRUSDPERP ($LIT) seen by our collector
10-21 18:34Polymarket PerpsOtherGo long or short LIT on Polymarket Perps👇 @Poly_Perps on X ↗