Funding you earn now, next payment 00:00 UTC−0.0131%/8h= −14.3% APRnext payment −$1.31 per $10,000 · paid last 24h −0.051%
Price spread now: Bitget against Binance−0.040%7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$510.510% of the position
Funding, last 7 days−0.198%−$20 on $10k
+Price spread, last 2 days (all we have)+0.052%+$5 · spread now −0.040%, 7d avg +0.025%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bitget is 0.065% cheaper against Binance than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.025%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NFLXUSDT | 73.519 | 0.0222 | pay 0.0222% / 8h | 2m 02s | $5.4M | $5.5M | 20x |
| Short | Bitget NFLXUSDT | 73.490 | 0.0091 | get 0.0091% / 8h | 2m 02s | $4.3M | $689K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$27.48
- Price spread: −0.040% → +0.025%
- −$6.46
- Slippage, 4 orders
- −$28.97
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$84.91
- Costs to cover
- 0.510%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; Bitget: live order book, 6 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 6 min ago | 0.68 bp | 5.7 bp −$6 | 6.4 bp −$64 | 145.3 bp −$14.5K | doesn't fit |
| Sell Bitget live order book, 6 min ago | 8.16 bp | 17.4 bp −$17 | 29.9 bp −$299 | doesn't fit | doesn't fit |
NFLX on 21 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster NFLXUSDT | 0.0000% | 8h | 73.453 | −0.090% | $11K | $5K | 20x | as long as short |
| OKX NFLX-USDT-SWAP | 0.0000% | 8h | 73.520 | +0.001% | $885K | $1.0M | 20x | as long as short |
| QFEX NFLX-USD | 0.0000% | 1h | 73.410 | −0.149% | $1.1M | $1.5M | 10x | as long as short |
| Gate NFLX_USDT | 0.0000% | 8h | 73.550 | +0.042% | $1.3M | $1.2M | 25x | as long as short |
| SunX NFLX-USDT | 0.0000% | 8h | 73.523 | +0.005% | $2K | $5.0M | 10x | as long as short |
| HTX NFLX-USDT | 0.0000% | 8h | 73.464 | −0.075% | $10K | $52K | 20x | as long as short |
| Phemex NFLXUSDT | 0.0000% | 8h | 73.510 | −0.013% | $1.4M | $335K | 10x | as long as short |
| Vest NFLX-USD-PERP | +0.0046% | 1h | 73.420 | −0.135% | — | $21K | 25x | as long as short |
| Extended NFLX-USD | +0.0048% | 1h | 73.413 | −0.144% | $16K | $29K | 10x | as long as short |
| tradeXYZ xyz:NFLX | +0.0050% | 1h | 73.417 | −0.139% | $5.0M | $3.0M | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps NFLX-USD.P | +0.0050% | 1h | 73.490 | −0.040% | $66K | $196K | 10x | as long as short |
| Bitget NFLXUSDTshort | +0.0091% | 8h | 73.490 | −0.040% | $4.3M | $689K | 50x | |
| KuCoin NFLXUSDTM | +0.0100% | 8h | 73.460 | −0.081% | $152K | $37K | 20x | as long as short |
| Aevo NFLX-PERP | +0.0104% | 1h | 73.515 | −0.006% | $225 | — | 10x | as long as short |
| Phoenix NFLX | +0.0207% | 1h | 73.461 | −0.079% | $12K | $77K | 10x | as long as short |
| Variational Omni NFLX | +0.0213% | 8h | 73.515 | −0.006% | $94K | $139K | — | as long as short |
| Injective NFLX/USDC PERP | +0.0220% | 1h | 77.810 | +5.836% | $87K | $68K | 12x | as long as short |
| Binance NFLXUSDTlong | +0.0222% | 8h | 73.519 | long leg | $5.4M | $5.5M | 20x | |
| GRVT NFLX_USDT_Perp | +0.0304% | 8h | 73.520 | +0.001% | $608 | $156K | 10x | as long as short |
| BloFin NFLX-USDT | +0.0368% | 8h | 73.520 | +0.001% | $46K | $82K | 20x | as long as short |
| Bybit NFLXUSDT | +0.0425% | 8h | 73.550 | +0.042% | $1.3M | $967K | 50x | as long as short |
Binance NFLXUSDT
Bitget NFLXUSDT
Aster NFLXUSDT
OKX NFLX-USDT-SWAP
Gate NFLX_USDT
SunX NFLX-USDT
HTX NFLX-USDT
Phemex NFLXUSDT
Extended NFLX-USD
tradeXYZ xyz:NFLX
KuCoin NFLXUSDTM
Phoenix NFLX
Variational Omni NFLX
Injective NFLX/USDC PERP
GRVT NFLX_USDT_Perp
BloFin NFLX-USDT
Bybit NFLXUSDT