BP

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	edgeXBPUSDC	1.1241	+0.0100	pay 0.0050% / 4h	39m 33s	$3K	$385K	10x	Long edgeX
SHORT	PhoenixBP	1.1050	+0.0072	get 0.0009% / 1h	39m 33s	$3K	$52K	5x	Short Phoenix

Price gap−1.701%

Funding gap−0.0028% /8h

Both sides work against this direction now: funding costs $1 a day on $10k and the gap is 1.701% under zero (no 7-day history yet). Swap the legs.

If you open now and hold

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

Funding—−0.0028% /8h now · no funding history yet

Price—spread −1.701% now · no price history on both exchanges yet

Costsno datano order book for Phoenix

Result, before costs—+ Points / potential airdropedgeX: points · farm boardneeds funding history

Price and funding

1h · loading 5m…

Price spread

Prices

Fundingper 8h

P&L

PRICE SPREAD · 7D

Now−1.701%

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

BP on 7 exchanges

lowest funding first

Before you open

2 ok · 2 to watch

Note: Order book unknown—
No order-book sample for Phoenix: its slippage is not counted.
Note: Margin at max leverage$1,000 + $2,000
edgeX 10x, Phoenix 5x. 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: −$0.83Long edgeX: 6 payments, −$3.00; short Phoenix: 24 payments, +$2.17.
Note: No 7-day spread history−1.701%
The gap cannot be compared with its average yet.
Watch: Long leg is thinner$3K vs $3K OI
edgeX sets your exit cost. Check its book before closing.
OK: Points on a legedgeX points
Volume here counts toward the points program.
OK: No KYC on either legedgeX No · Phoenix 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−$5.83

Price spread−1.701% → 0−$170.08

Slippage, 4 ordersno data for Phoenix—

Fee edgeX bp × 2 orders−$9.00

Fee Phoenix bp × 2 orders−$7.00

Net, fees only · 7 days · $10k−$191.90

Costs to cover0.160%Break-evennever at this rate

Slippage: edgeX: live order book, 18 min ago; Phoenix: no order-book sample

Cost to enter

taker + slippage from mid, one side

BUY · LONGedgeX54.37146.0 bp−$146doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTPhoenix—————

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

BP news

posts that mention BP, from every exchangeSearch all news →

09-29 19:03	Phoenix	Listing	Now live on Phoenix: $BP - 5x leverage $RAY - 5x leverage @PhoenixTrade on X ↗
09-29 18:36	Phoenix	Listing	new market BP ($BP) seen by our collector
09-29 11:00	gTrade (Gains Network)	Listing	BP/USD no longer reported ($BP) seen by our collector
09-28 07:49	edgeX	Listing	New Crypto Perp Listings on edgeX $QNT Enterprise blockchain interoperability platform. $BP Crypto exchange and self-custodial wallet platform. Trade on Arc. Unlock Triple Rewards. @edgeX_exchange on X ↗
09-28 07:18	edgeX	Listing	new market BPUSDC ($BP) seen by our collector
09-20 09:45	Backpack	Other	Learn more about $BP ↓ @Backpack on X ↗

BP