Fagerland and Newcombe (2013) suggests phi.1=0.45 and phi.2=0.25 and phi.1=0.6 and phi.2=0.4 for best performance.
References
Fagerland, M. W. and Newcombe, R. G. (2013). Confidence intervals for odds ratio and relative risk based on the inverse hyperbolic sine transformation. Statistics in Medicine, 32(16): 2823-2836.