Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 75,504.5 | +0.0100 | pay 0.0013% / 1h | 8m 06s | $1.6M | $10.4M | 40x | Long Phoenix | |
| SHORT | 75,449.4 | −0.0087 | pay 0.0011% / 1h | 8m 06s | $9.7M | $820K | 50x | Short Vest Markets+5% pts |
Price gap−0.073%
Funding gap−0.0187% /8h
Funding costs $6 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$26−0.0187% /8h now · paid −0.264% over the last 7D
Price$0spread −0.073% now, avg −0.072% → −0.001% if it goes back
Costsno datano order book for Vest Markets
Result, before costs−$26−0.26%+ Points / potential airdropVest Markets: points · farm boardcosts unknown: no order book for Vest Markets ·
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−0.073%
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
/8hBTC on 55 exchanges
lowest funding firstBefore you open
3 ok · 1 to watch- Note: Order book unknown—No order-book sample for Vest Markets: its slippage is not counted.
- Note: Margin at max leverage$250 + $200Phoenix 40x, Vest Markets 50x. 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: −$5.62Long Phoenix: 24 payments, −$3.01; short Vest Markets: 24 payments, −$2.61.
- Note: Gap at its usual level−0.073% vs −0.072%The price leg adds little either way.
- Watch: Long leg is thinner$1.6M vs $9.7M OIPhoenix sets your exit cost. Check its book before closing.
- OK: Points on a legVest Markets pointsVolume here counts toward the points program.
- OK: No KYC on either legPhoenix No · Vest Markets NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0126%/8h × 21 periods−$26.38
Price spread−0.073% → −0.072% (7d avg)−$0.08
Slippage, 4 ordersno data for Vest Markets—
Fee Phoenix bp × 2 orders−$7.00
Fee Vest Markets bp × 2 orders−$2.00
Net, fees only · 7 days · $10k−$35.46
Costs to cover0.090%Break-evennever at this rate
Slippage: Phoenix: live order book, 1 min ago; Vest Markets: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGPhoenix0.204.1 bp−$45.9 bp−$5910.5 bp−$1,050doesn’t fit
SELL · SHORTVest Markets—————
Closing costs about the same again.
Vest Markets: no data.
BTC news
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