Phoenix Funding
The problem it solves
Lending on Bitfinex isn't hard. Keeping it going is. The chore never stops.
Always moving
What was a sensible offer yesterday may not fill today, or fills too cheap.
Come back idle
When a term ends the money returns to your wallet. If you don't re-place it, it sits there earning nothing.
It doesn't sleep
The market runs around the clock. You don't.
What it does
It takes over that never-ending chore.
Places offers
And re-places them when funds are returned to you.
Adapts rates
Adjusts as the funding market moves, so you're not re-typing rates.
Runs in the background
Overnight too.
Live dashboard
What's offered, what's on loan, what's idle — in your browser.
Telegram alerts
Optional. Daily summaries and problems that need your attention.
Bilingual
Full interface and guides in English and Traditional Chinese.
What it won't do — this is the point
For software that connects to your exchange account, what it cannot do matters more than what it can.
No trading
It never buys, sells, or opens positions of any kind.
No leverage
It only places funding offers.
No withdrawals
You create the API key with funding permission only. With withdrawal permission off, it has no technical ability to move money off the exchange. That's a hard limit you set, not a promise we make.
No key upload
Your key is encrypted on your own computer and is never transmitted anywhere.
No managed service
No pooled account, no shared account, nobody operating it for you.
No advice
How much to commit and what rate to accept are your settings, not its suggestions.
Compared with a cloud service
Cloud services aren't bad — the trade-off is different. Decide which side matters to you.
| Cloud lending service | Phoenix Funding | |
|---|---|---|
| Where it runs | Their servers | Your own computer |
| Where your key lives | Their system | Your computer, encrypted |
| How you pay | Usually a monthly subscription | One-time purchase |
| If they shut down | Service stops | The software is still on your PC |
Don't have an account yet?
The flow is: buy crypto on Binance → transfer to Bitfinex → lend with Phoenix Funding.
These are referral links. If you sign up through them, you get a fee rebate and so do I — it works both ways. You're equally welcome to sign up directly; it changes nothing about how Phoenix Funding works for you, and it is not a condition of purchase or support.
What you need
- Windows 10 or Windows 11
- Docker Desktop (free)
- A Bitfinex account, and an API key you create yourself with funding permission only
- About ten minutes to set up
Comes with an illustrated step-by-step guide in English and Traditional Chinese, plus an uninstall guide — removing it is as clear as installing it.
There is no guaranteed outcome of any kind. All funding and lending decisions, and the risk that comes with them, are yours. Market rates and borrowing demand are outside our control and outside the software's control. Only commit funds you are prepared to have tied up in open offers.
We deliberately publish no earnings figures, including our own. Funding rates move constantly with market demand, and one person's result says nothing about yours. Where to read the live rates.
Ready?
$20, one time. No subscription. 30-day money back guarantee.