Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.000005018 | +0.0726 | pay 0.0091% / 1h | 46m 03s | $54K | $311K | 10x | Long Phoenix | |
| SHORT | 0.000005001 | +0.1827 | get 0.0228% / 1h | 46m 03s | $3K | $431K | 10x | Short SoDEX |
Price gap−0.339%61s
Funding gap+0.1101% /8h
Funding pays +$33 a day on $10k, but the gap is 0.284% under its 7d average: −$28 if it goes back, about 21 hours of funding. At the last 7 days' pace that is about 20 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$10+0.1101% /8h now · paid +0.101% over the last 7D
Price—spread −0.339%61s now · prices read too far apart to compare
Costs−$760.759% of $10k · taker + slippage, in and out
Result—no pointsneeds both prices read together
The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.101% in total, about +0.0048%/8h on average.
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−0.339%
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
/8hPEPE on 39 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size24.3 / 13.8 bpAt $10k entering Phoenix costs 24.3 bp, fee and slippage, 1.8× SoDEX’s.
- Note: Margin at max leverage$1,000 + $1,000Phoenix 10x, SoDEX 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: +$33.03Long Phoenix: 24 payments, −$21.77; short SoDEX: 24 payments, +$54.80.
- Watch: Prices read 61 s apart−0.339% vs −0.055%Part of this gap may be the market moving.
- Watch: Short leg is thinner$3K vs $54K OISoDEX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legPhoenix No · SoDEX NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0048%/8h × 21 periods+$10.06
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$60.89
Fee Phoenix bp × 2 orders−$7.00
Fee SoDEX bp × 2 orders−$8.00
Net · 7 days · $10k−$65.83
price spread not counted: prices read too far apartCosts to cover0.759%Break-even52.8 days
Slippage: Phoenix: live order book, 45 min ago; SoDEX: live order book, 12 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPhoenix2.0424.3 bp−$2479.5 bp−$795doesn’t fitdoesn’t fit
SELL · SHORTSoDEX1.9913.8 bp−$14doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-28 16:00 | OKX | Other | Europe, your next X Drops basket is here. ZEC, NEAR, SUI, TAO, PEPE, WLD, LINK, PUMP, ONDO and ZAMA are in, with 3.4M $ZAMA up for grabs. Trade @zama for 3× rewards. @okx on X ↗ |
| 10-22 06:00 | KuCoin | Other | Fresh out of the oven: the coin cookie tray 🍪 BTC, ETH, SOL, DOGE, PEPE and more. Which one are you reaching for? Register and complete your first trade for a chance to share 5,000 USDT, up to 100 USDT each. Grab yours 👉 #FoodForYourThought #KuFood #KuCoin @kucoincom on X ↗ |
| 09-28 17:53 | Phoenix | Listing | Now live on Phoenix: $SHIB - 10x leverage $PEPE - 10x leverage @PhoenixTrade on X ↗ |
| 09-24 15:00 | Phoenix | Listing | new market kPEPE ($PEPE) seen by our collector |
| 09-23 09:30 | Phemex | Other | BTC is green. But the alts are doing the talking. $XRP +9.11% $PEPE +18.55% $ZEC +6.56% $NEAR +4.14% 👀 What are you watching? The next 100x gems? Comments below👇 @Phemex_official on X ↗ |
OKX
KuCoin
Phemex