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	GMXLIT/USD [ETH-USDC]	3.0540	L +0.0355S −0.0192	get 0.0024% / 1h	12m 14s	$42K	$98K	45x	Short GMX5% off

Price gap+0.424%

Funding gap+0.0092% /8h

Both sides work: funding pays +$3 a day on $10k, and the gap is 0.424% above zero (no 7-day history yet): +$42 more if it goes back.

If you open now and hold

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

Funding+$27+0.0092% /8h now · paid +0.275% over the last 7D

Price—spread +0.424% now · no price history on both exchanges yet

Costsno datano order book for GMX

Result, before costs—+ Points / potential airdropVariational Omni: points · farm boardneeds both price histories

Price and funding

1h · history

Price spread

Prices

Fundingper 8h

PRICE SPREAD · 7D

Now+0.424%

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

2 ok · 2 to watch

Note: Order book unknown—
No order-book sample for GMX: its slippage is not counted.
Note: Margin at max leverage$200 + $222
Variational Omni 50x, GMX 45x. 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: +$2.75Long Variational Omni: 6 payments, −$3.00; short GMX: 24 payments, +$5.75.
Note: No 7-day spread history+0.424%
The gap cannot be compared with its average yet.
Watch: Short leg is thinner$42K vs $4.6M OI
GMX 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 · GMX 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+0.0131%/8h × 21 periods+$27.50

Price spread+0.424% → 0+$42.37

Slippage, 4 ordersno data for GMX—

Fee Variational Omni bp × 2 orders$0.00

Fee GMX bp × 2 orders−$12.00

Net, fees only · 7 days · $10k+$57.87

Costs to cover0.120%Break-evenfrom the start

Slippage: Variational Omni: RFQ quote, 1 min ago; GMX: no order-book sample

Cost to enter

taker + slippage from mid, one side

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

SELL · SHORTGMX—————

Closing costs about the same again.
GMX: no data.

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