Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1.2997 | −0.0694 | get 0.0087% / 1h | 2m 10s | $4K | $86K | 5x | Long Phoenix | |
| SHORT | 1.2969 | +0.0100 | get 0.0013% / 1h | 2m 10s | $141K | $67K | 3x | Short Pacifica10% back |
Price gap−0.215%58s
Funding gap+0.0794% /8h
Funding pays +$24 a day on $10k, but the gap is 0.215% under zero (no 7-day history yet): −$22 if it goes back, about 22 hours of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding—+0.0794% /8h now · no funding history yet
Price—spread −0.215%58s now · prices read too far apart to compare
Costsno datano order book for Phoenix
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−0.215%
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
3 ok · 2 to watch- Note: Order book unknown—No order-book sample for Phoenix: its slippage is not counted.
- Note: Margin at max leverage$2,000 + $3,333Phoenix 5x, Pacifica 3x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$23.83Long Phoenix: 24 payments, +$20.83; short Pacifica: 24 payments, +$3.00.
- Watch: Prices read 58 s apart−0.215% vs —Part of this gap may be the market moving.
- Watch: Long leg is thinner$4K vs $141K OIPhoenix sets your exit cost. Check its book before closing.
- OK: Points on a legPacifica pointsVolume here counts toward the points program.
- OK: No KYC on either legPhoenix No · Pacifica NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earnedno history yet: current rate+$166.79
Price spreadprices read too far apart to compare—
Slippage, 4 ordersno data for Phoenix—
Fee Phoenix bp × 2 orders−$7.00
Fee Pacifica bp × 2 orders−$8.00
Net, fees only · 7 days · $10k+$151.79
price spread not counted: prices read too far apartCosts to cover0.150%Break-even0.6 days
Slippage: Phoenix: no order-book sample; Pacifica: live order book, 40 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPhoenix—————
SELL · SHORTPacifica59.18303.0 bp−$303doesn’t fitdoesn’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