Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1.7044 | +0.0100 | pay 0.0013% / 1h | 26m 42s | $255K | $422K | 5x | Long Pacifica10% back | |
| SHORT | 1.7057 | −0.0093 | pay 0.0012% / 1h | 26m 42s | $199K | $22K | 5x | Short Phoenix |
Price gap+0.076%58s
Funding gap−0.0193% /8h
The gap pays +$9 on $10k if it goes back to its 7d average, but funding costs $6 a day and eats that in about 39 hours. At the last 7 days' pace that is about 18 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$89−0.0193% /8h now · paid −0.895% over the last 7D
Price—spread +0.076%58s now · prices read too far apart to compare
Costs−$600.600% of $10k · taker + slippage, in and out
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+0.076%
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
/8hZRO on 30 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- Watch: Thin at this size10.5 / 20.7 bpAt $10k entering Phoenix costs 20.7 bp, fee and slippage, 2.0× Pacifica’s.
- Note: Margin at max leverage$2,000 + $2,000Pacifica 5x, Phoenix 5x. 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: −$5.78Long Pacifica: 24 payments, −$3.00; short Phoenix: 24 payments, −$2.78.
- Watch: Prices read 58 s apart+0.076% vs −0.018%Part of this gap may be the market moving.
- Watch: Short leg is thinner$199K vs $255K 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 legPacifica No · Phoenix NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0426%/8h × 21 periods−$89.46
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$45.01
Fee Pacifica bp × 2 orders−$8.00
Fee Phoenix bp × 2 orders−$7.00
Net · 7 days · $10k−$149.47
price spread not counted: prices read too far apartCosts to cover0.600%Break-evennever at this rate
Slippage: Pacifica: live order book, 7 min ago; Phoenix: live order book, 6 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPacifica3.5110.5 bp−$10doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTPhoenix2.9220.7 bp−$2158.9 bp−$589doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-21 12:23 | OKX | Other | ZEC (@Zcash) takes the spotlight in X Drops in Europe. Hold ZEC, TAO, LTC, ONDO, LINK, ZRO, LIT, ENA, DOGE or ARB for a share of 200 $ZEC, with 2× on all ZEC trades. Ends Oct 26, 14:00 CEST. @okx on X ↗ |
| 10-19 19:00 | RISEx | Other | The Fed’s gone quiet. Oct 28 hike odds have already slipped to the 10 - 16% range So Big Tech's earnings and Friday’s flash PMIs will most likely carry the tape for this week On crypto: ZRO unlock alongside ZEC's NU7 decision Watch out for Wednesday and Friday @risextrade on X ↗ |
| 10-15 13:32 | RISEx | Other | Happy trading $GOOGL: $STRK: $ZRO: @risextrade on X ↗ |
| 10-15 13:32 | RISEx | Listing | This week adds: $GOOGL, Google how to long it. (20x) $STRK, Startnet your L2 bags. (5x) $ZRO, Zero hops between chains. (5x) All three are live More next week. @risextrade on X ↗ |
| 10-15 07:23 | RISEx | Listing | new market ZRO/USDC ($ZRO) seen by our collector |
| 10-13 15:13 | OKX | Other | Europe, your next X Drops club is here. near:native, $ZEC, $XRP, $ONDO, $ENA, $SUI, $TAO, $HYPE, $PUMP, $LIT and $ZRO are in, with 38,000 near:native up for grabs. Join the drop. @okx on X ↗ |


OKX
RISEx