Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2482 | −0.0122 | get 0.0015% / 1h | 53m 24s | $423K | $183K | 50x | Long TxFlow5% off | |
| SHORT | 0.2492 | −0.0096 | pay 0.0012% / 1h | 53m 24s | $34K | $101K | 10x | Short Phoenix |
Price gap+0.415%
Funding gap+0.0026% /8h
Both sides work: funding pays +$1 a day on $10k, and the gap is 0.415% above zero (no 7-day history yet): +$41 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$16+0.0026% /8h now · paid +0.163% over the last 7D
Price—spread +0.415% now · no price history on both exchanges yet
Costsno datano order book for Phoenix
Result, before costs—+ Points / potential airdropTxFlow: points · farm boardneeds both price histories
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+0.415%
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
/8hJUP on 35 exchanges
lowest funding firstBefore you open
3 ok · 1 to watch- Note: Order book unknown—No order-book sample for Phoenix: its slippage is not counted.
- Note: Margin at max leverage$200 + $1,000TxFlow 50x, Phoenix 10x. 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: +$0.79Long TxFlow: 24 payments, +$3.67; short Phoenix: 24 payments, −$2.88.
- Note: No 7-day spread history+0.415%The gap cannot be compared with its average yet.
- Watch: Short leg is thinner$34K vs $423K OIPhoenix sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- OK: No KYC on either legTxFlow No · Phoenix NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0077%/8h × 21 periods+$16.25
Price spread+0.415% → 0+$41.50
Slippage, 4 ordersno data for Phoenix—
Fee TxFlow bp × 2 orders−$9.00
Fee Phoenix bp × 2 orders−$7.00
Net, fees only · 7 days · $10k+$41.75
Costs to cover0.160%Break-evenfrom the start
Slippage: TxFlow: live order book, 38 min ago; Phoenix: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow1.9911.6 bp−$1234.2 bp−$342doesn’t fitdoesn’t fit
SELL · SHORTPhoenix—————
Closing costs about the same again.
Phoenix: no data.
| 10-20 14:12 | Jupiter Perps | Product | Q3 ASR now LIVE for all wallets. Claim & Stake your JUP rewards. @JupiterExchange on X ↗ |
| 10-13 09:03 | Jupiter Perps | Product | ASR for Q3 is LIVE - July to September - 50 million $JUP - Distributed by time weighted stake Claim & add to your staked balance. @JupiterExchange on X ↗ |
| 09-28 15:16 | Phoenix | Contest | It’s Solana Ecosystem week on Frontier Traders. Trade SOL, JUP, PUMP, SKR, MET, ANSEM, STONK, JTO, and FARTCOIN perpetuals on Phoenix to compete for a $25,000 prize pool across Volume and PnL leaderboards. @PhoenixTrade on X ↗ |
| 09-25 14:48 | Phoenix | Contest | $SOL went up, and so did the rewards. Earn an additional $25k in rewards for trading @solana ecosystem tokens on Phoenix this week, courtesy of @joinfrontier SOL, JUP, PUMP, SKR, MET, ANSEM, STONK, JTO, FART @PhoenixTrade on X ↗ |
| 09-22 09:30 | Jupiter Perps | Listing | New Perps markets are LIVE and $JUP stakers get first dibs. HYPE. ZEC. SPCX. SKHYNIX. SNDK, JUP Stake 69 $JUP and trade them today. This is BETA, and more markets are coming. Go trade now: @JupiterExchange on X ↗ |
