LIT

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Variational OmniLIGHTER	3.1817	+0.0100	pay 0.0050% / 4h	3h 19m	$4.8M	$2.8M	50x	Long Variational Omni+15% pts
SHORT	Polymarket PerpsLIT-USD	3.1863	+0.0046	get 0.0006% / 1h	19m 15s	$80K	$515K	10x	Short Polymarket Perps

Price gap+0.146%

Funding gap−0.0054% /8h

The gap pays +$4 on $10k if it goes back to its 7d average, but funding costs $2 a day and eats that in about 2.4 days. At the last 7 days' pace that is about 9 hours.

If you open now and hold

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

Funding−$73−0.0054% /8h now · paid −0.733% over the last 7D

Price+$4spread +0.146% now, avg +0.108% → +0.038% if it goes back

Costs−$600.604% of $10k · taker + slippage, in and out

Result−$130−1.30%+ 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+0.146%

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 size24.4 / 6.0 bp
At $10k entering Variational Omni costs 24.4 bp, fee and slippage, 4.0× Polymarket Perps’s.
Note: Margin at max leverage$200 + $1,000
Variational Omni 50x, Polymarket 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: −$1.61Long Variational Omni: 6 payments, −$3.00; short Polymarket Perps: 24 payments, +$1.39.
OK: Entry gap works for you+0.146% vs +0.108%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$80K vs $4.8M OI
Polymarket 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 · Polymarket 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−0.0349%/8h × 21 periods−$73.29

Price spread+0.146% → +0.108% (7d avg)+$3.78

Slippage, 4 orderslive order books−$52.38

Fee Variational Omni bp × 2 orders$0.00

Fee Polymarket Perps bp × 2 orders−$8.00

Net · 7 days · $10k−$129.89

Costs to cover0.604%Break-evennever at this rate

Slippage: Variational Omni: RFQ quote, 4 min ago; Polymarket Perps: live order book, 63 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGVariational Omni2.8724.4 bp−$2443.4 bp−$434doesn’t fitdoesn’t fit

SELL · SHORTPolymarket Perps2.046.0 bp−$614.6 bp−$146doesn’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