1. Pour the black-eyed peas in the instant pot and add the broth or water, stirring, so it doesn’t stick. Cover the instant pot and seal the lid. Then, pressure cook for 15 to 17 minutes on high depending on how firm or tender you want the beans.
2. When the time elapses, allow the instant pot to release pressure naturally; this takes about 15 minutes. Then, release the valve, let out the remaining pressure, and cautiously remove the lid. And if any excess liquid remains in the pot, drain it out. Stir the beans to mix them properly, and serve as desired.

You can also click on this video recipe for more methods.