Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1.3195 | −0.1470 | get 0.0184% / 1h | 29m 51s | $4K | $87K | 5x | Long Phoenix | |
| SHORT | 1.2609 | +0.0100 | get 0.0050% / 4h | 2h 29m | $672K | $251K | 20x | Short MEXC |
Price gap−4.441%107s
Funding gap+0.1570% /8h
Funding pays +$47 a day on $10k, but the gap is 4.441% under zero (no 7-day history yet): −$444 if it goes back, about 9.4 days of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding—+0.1570% /8h now · no funding history yet
Price—spread −4.441%107s now · prices read too far apart to compare
Costsno datano order book for Phoenix
Result, before costs—no pointsneeds funding history
Price and funding
1h · historyEntry / 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−4.441%
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
/8hBP on 7 exchanges
lowest funding firstBefore you open
0 ok · 4 to watch- Note: Order book unknown—No order-book sample for Phoenix: its slippage is not counted.
- Note: Margin at max leverage$2,000 + $500Phoenix 5x, MEXC 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$47.09Long Phoenix: 24 payments, +$44.09; short MEXC: 6 payments, +$3.00.
- Watch: Prices read 107 s apart−4.441% vs —Part of this gap may be the market moving.
- Watch: Long leg is thinner$4K vs $672K OIPhoenix sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCPhoenix No · MEXC YesKYC before trading since Feb 2026; unverified accounts see market data only.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earnedno history yet: current rate+$329.63
Price spreadprices read too far apart to compare—
Slippage, 4 ordersno data for Phoenix—
Fee Phoenix bp × 2 orders−$7.00
Fee MEXC bp × 2 orders−$4.00
Net, fees only · 7 days · $10k+$318.63
price spread not counted: prices read too far apartCosts to cover0.110%Break-even0.2 days
Slippage: Phoenix: no order-book sample; MEXC: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPhoenix—————
SELL · SHORTMEXC17.3497.7 bp−$98125.9 bp−$1,259doesn’t fitdoesn’t fit
Closing costs about the same again.
Phoenix: no data.
| 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 ↗ |


gTrade (Gains Network)
edgeX
Backpack