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
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG2.7919+0.0100pay 0.0050% / 4h58m 46s$4.3M$11.1M50xLong Variational Omni+15% pts
SHORT2.8014+0.1110get 0.0139% / 1h58m 46s$4K$422K10xShort Aftermath Perps5% off
Price gap+0.341%
Funding gap+0.1010% /8h

Both sides work: funding pays +$30 a day on $10k, and the gap is 0.203% above its 7d average: +$20 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$112+0.1010% /8h now · paid +1.124% over the last 7D
Price+$20spread +0.341% now, avg +0.137% → +0.203% if it goes back
Costs−$1271.268% of $10k · taker + slippage, in and out
Result+$6+0.06%+ Points / potential airdropVariational Omni: 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+0.341%
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 size32.3 / 36.2 bp
    At $10k entering Aftermath Perps costs 36.2 bp, fee and slippage, 1.1× Variational Omni’s.
  • Note: Margin at max leverage$200 + $1,000
    Variational Omni 50x, Aftermath Perps 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ4h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: +$30.29Long Variational Omni: 6 payments, −$3.00; short Aftermath Perps: 24 payments, +$33.29.
  • OK: Entry gap works for you+0.341% vs +0.137%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Short leg is thinner$4K vs $4.3M OI
    Aftermath Perps sets your exit cost. Check its book before closing.
  • OK: Points on a legVariational Omni points
    Volume here counts toward the points program.
  • OK: No KYC on either legVariational Omni No · Aftermath Perps 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+0.0535%/8h × 21 periods+$112.44
Price spread+0.341% → +0.137% (7d avg)+$20.33
Slippage, 4 orderslive order books−$117.80
Fee Variational Omni bp × 2 orders$0.00
Fee Aftermath Perps bp × 2 orders−$9.00
Net · 7 days · $10k+$5.97
Costs to cover1.268%Break-even6.6 days
Slippage: Variational Omni: RFQ quote, 4 min ago; Aftermath Perps: live order book, 39 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGVariational Omni3.2632.3 bp−$3258.2 bp−$582524.7 bp−$52.5Kdoesn’t fit
SELL · SHORTAftermath Perps13.3636.2 bp−$36doesn’t fitdoesn’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 ↗