Settings8H · net · $10k
LanguageThe language of the site
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
LONG0.000003703−0.0325get 0.0041% / 1h34m 21s$108K$180K10xLong Phoenix
SHORT0.000003695+0.0104get 0.0013% / 1h34m 21s$44K$26K25xShort Extended10% off
Price gap−0.213%48s
Funding gap+0.0429% /8h

Funding pays +$13 a day on $10k, but the gap is 0.213% under zero (no 7-day history yet): −$21 if it goes back, about 40 hours of funding.

The two prices were read 48 s apart: part of this gap may be the market moving.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding—+0.0429% /8h now · no funding history yet
Price—spread −0.213%48s now · prices read too far apart to compare
Costsno datano order book for Extended
Result, before costs—+ Points / potential airdropExtended: points · farm boardneeds funding history

Funding history

you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.

Price spread between the two exchanges

Extended price against Phoenixnow
RANGE STATS · 7D
Now−0.213%
Average—
Range—
Wider than now—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

BONK on 31 exchanges

lowest funding first

Before you open

3 ok · 2 to watch
  • Note: Order book unknown—
    No order-book sample for Extended: its slippage is not counted.
  • Note: Margin at max leverage$1,000 + $400
    Phoenix 10x, Extended 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval1h / 1h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: +$12.87Long Phoenix: 24 payments, +$9.75; short Extended: 24 payments, +$3.12.
  • Watch: Prices read 48 s apart−0.213% vs —
    Part of this gap may be the market moving.
  • Watch: Short leg is thinner$44K vs $108K OI
    Extended sets your exit cost. Check its book before closing.
  • OK: Points on a legExtended points
    Volume here counts toward the points program.
  • OK: No KYC on either legPhoenix 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 earnedno history yet: current rate+$90.11
Price spreadprices read too far apart to compare—
Slippage, 4 ordersno data for Extended—
Fee Phoenix bp × 2 orders−$7.00
Fee Extended bp × 2 orders−$5.00
Net, fees only · 7 days · $10k+$78.11
price spread not counted: prices read too far apart
Costs to cover0.120%Break-even0.9 days
Slippage: Phoenix: live order book, 8 min ago; Extended: no order-book sample

Cost to enter

taker + slippage from mid, one side
BUY · LONGPhoenix5.4033.4 bp−$33114.8 bp−$1,148doesn’t fitdoesn’t fit
SELL · SHORTExtended—————

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

Alert

BONK news

posts that mention BONK, from every exchangeSearch all news →
09-24 20:40PhoenixListingNow live: $Bonk - 10x leverage. The coin that started it all is now available on Phoenix. @PhoenixTrade on X ↗
09-24 15:00PhoenixListingnew market kBONK ($BONK) seen by our collector
09-22 07:03ApeX OmniOther59 up, 26 down on the ApeX board, median name +2.5%. Memecoins swept it: ethereum:0x6982508145454ce325ddbe47a25d4ec3d2311933 +25.9%, $BONK +20.5%, $WIF +20.1%, with $TAO +18.2%. $AR -15.0% is the only real casualty. This is what a short squeeze looks like on day two. @OfficialApeXdex on X ↗