LIT

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Variational OmniLIGHTER	3.0902	+0.0100	pay 0.0050% / 4h	1h 10m	$4.8M	$3.0M	50x	Long Variational Omni+15% pts
SHORT	BinanceLITUSDT	3.0940	+0.0044	get 0.0022% / 4h	1h 10m	$52.4M	$31.5M	75x	Short Binance

Price gap+0.123%

Funding gap−0.0056% /8h

The gap pays +$3 on $10k if it goes back to its 7d average, but funding costs $2 a day and eats that in about 40 hours.

If you open now and hold

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

Funding−$14−0.0056% /8h now · paid −0.135% over the last 7D

Price+$3spread +0.123% now, avg +0.094% → +0.028% if it goes back

Costs−$730.730% of $10k · taker + slippage, in and out

Result−$84−0.84%+ Points / potential airdropVariational Omni: 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+0.123%

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

3 ok · 3 to watch

Watch: Thin at this size22.3 / 10.6 bp
At $10k entering Variational Omni costs 22.3 bp, fee and slippage, 2.1× Binance’s.
Note: Margin at max leverage$200 + $133
Variational Omni 50x, Binance 75x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval4h / 4h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$1.69Long Variational Omni: 6 payments, −$3.00; short Binance: 6 payments, +$1.31.
OK: Entry gap works for you+0.123% vs +0.094%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$4.8M vs $52.4M OI
Variational Omni sets your exit cost. Check its book before closing.
OK: Points on a legVariational Omni points
Volume here counts toward the points program.
Watch: KYCVariational Omni No · Binance Yes
Verified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0064%/8h × 21 periods−$13.52

Price spread+0.123% → +0.094% (7d avg)+$2.84

Slippage, 4 orderslive order books−$62.96

Fee Variational Omni bp × 2 orders$0.00

Fee Binance bp × 2 orders−$10.00

Net · 7 days · $10k−$83.64

Costs to cover0.730%Break-evennever at this rate

Slippage: Variational Omni: RFQ quote, 5 min ago; Binance: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGVariational Omni2.8822.3 bp−$2241.2 bp−$412doesn’t fitdoesn’t fit

SELL · SHORTBinance0.1610.6 bp−$1134.9 bp−$349117.9 bp−$11.8Kdoesn’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