LIT

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Variational OmniLIGHTER	3.0411	+0.0100	pay 0.0050% / 4h	3h 12m	$4.6M	$2.9M	50x	Long Variational Omni+15% pts
SHORT	ExtendedLIT-USD	3.0476	−0.0088	pay 0.0011% / 1h	12m 51s	$2.0M	$1.8M	25x	Short Extended10% off

Price gap+0.214%

Funding gap−0.0188% /8h

The gap pays +$21 on $10k if it goes back to its 7d average, but funding costs $6 a day and eats that in about 3.8 days. At the last 7 days' pace that is about 12 days.

If you open now and hold

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

Funding−$12−0.0188% /8h now · paid −0.125% over the last 7D

Price+$21spread +0.214% now, avg +0.001% → +0.212% if it goes back

Costs−$640.642% of $10k · taker + slippage, in and out

Result−$55−0.55%+ Points / potential airdropVariational Omni: points · Extended: points · farm boardWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.125% in total, about −0.0059%/8h on average.

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+0.214%

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 · 2 to watch

Watch: Thin at this size24.1 / 6.2 bp
At $10k entering Variational Omni costs 24.1 bp, fee and slippage, 3.9× Extended’s.
Note: Margin at max leverage$200 + $400
Variational Omni 50x, Extended 25x. 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: −$5.64Long Variational Omni: 6 payments, −$3.00; short Extended: 24 payments, −$2.64.
OK: Entry gap works for you+0.214% vs +0.001%
You short the dearer leg. If the gap goes back to average, the short gains.
Note: Short leg is thinner$2.0M vs $4.6M OI
Both legs are deep; Extended is the smaller one.
OK: Points on a legVariational Omni points · Extended points
Volume here counts toward the points program.
OK: No KYC on either legVariational Omni No · Extended 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−0.0059%/8h × 21 periods−$12.48

Price spread+0.214% → +0.001% (7d avg)+$21.24

Slippage, 4 orderslive order books−$59.16

Fee Variational Omni bp × 2 orders$0.00

Fee Extended bp × 2 orders−$5.00

Net · 7 days · $10k−$55.40

Costs to cover0.642%Break-evennever at this rate

Slippage: Variational Omni: RFQ quote, 1 min ago; Extended: live order book, 5 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGVariational Omni2.8824.1 bp−$2442.5 bp−$425doesn’t fitdoesn’t fit

SELL · SHORTExtended0.666.2 bp−$623.7 bp−$237doesn’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