Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1.7114 | −0.0188 | get 0.0024% / 1h | 3m 30s | $200K | $20K | 5x | Long Phoenix | |
| SHORT | 1.7103 | +0.0100 | get 0.0050% / 4h | 1h 03m | $3.8M | $2.0M | 75x | Short Bitget |
Price gap−0.064%
Funding gap+0.0288% /8h
Funding trade: +$9 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$87+0.0288% /8h now · paid +0.868% over the last 7D
Price+$1spread −0.064% now, avg −0.075% → +0.011% if it goes back
Costs−$690.685% 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−0.064%
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
0 ok · 4 to watch- Watch: Thin at this size20.6 / 15.5 bpAt $10k entering Phoenix costs 20.6 bp, fee and slippage, 1.3× Bitget’s.
- Note: Margin at max leverage$2,000 + $133Phoenix 5x, Bitget 75x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$8.65Long Phoenix: 24 payments, +$5.65; short Bitget: 6 payments, +$3.00.
- Note: Gap at its usual level−0.064% vs −0.075%The price leg adds little either way.
- Watch: Long leg is thinner$200K vs $3.8M OIPhoenix sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCPhoenix No · Bitget YesKYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0413%/8h × 21 periods+$86.81
Price spread−0.064% → −0.075% (7d avg)+$1.05
Slippage, 4 orderslive order books−$49.51
Fee Phoenix bp × 2 orders−$7.00
Fee Bitget bp × 2 orders−$12.00
Net · 7 days · $10k+$19.36
Costs to cover0.685%Break-even5.4 days
Slippage: Phoenix: live order book, 19 min ago; Bitget: live order book, 9 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPhoenix2.9220.6 bp−$21doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBitget0.8815.5 bp−$1534.0 bp−$340doesn’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