NFLX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0205%/8h= +22.4% APRnext payment +$2.05 per $10,000 · paid last 24h +0.038%

Price spread now: Bybit against Binance+0.014%7-day average +0.018% · you sell dearer than you buy

Net, funding: paid 7d − costs−$75as in the Funding arb table

Net, price: spread back to 7d avg − costs−$74as in the Price arb table

costs, in and out, $10k−$730.734% of the position

Long on Binance Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.021%−$2 on $10k

Price spread, last 2 days (all we have)+0.023%+$2 · spread now +0.014%, 7d avg +0.018%

Together, before fees+0.003%$0 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.018%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.021% in total (about -1.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.05 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance NFLXUSDT	73.570	0.0214	pay 0.0214% / 8h	2h 24m	$5.4M	$5.4M	20x
Short	Bybit NFLXUSDT	73.580	0.0419	get 0.0419% / 8h	2h 24m	$1.3M	$1.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee BybitbpOrdersPrice spread, now +0.014%Rate

Funding earned: $43.01
Price spread: +0.014% → +0.018%: −$0.41
Slippage, 4 orders: −$52.35
Fee Binance: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$30.76
Costs to cover: 0.734%
Break-even: 12.0 days

Slippage from Binance: live order book, 14 min ago; Bybit: live order book, 2 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, 14 min ago	0.68 bp	12.3 bp −$12	26.9 bp −$269	doesn't fit	doesn't fit
Sell Bybit live order book, 2 min ago	3.40 bp	23.2 bp −$23	166.0 bp −$1,660	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	73.471	−0.134%	$11K	$5K	20x	as long as short
OKX NFLX-USDT-SWAP	0.0000%	8h	73.540	−0.040%	$871K	$998K	20x	as long as short
QFEX NFLX-USD	0.0000%	1h	73.440	−0.176%	$1.1M	$1.4M	10x	as long as short
Gate NFLX_USDT	0.0000%	8h	73.600	+0.041%	$1.3M	$1.2M	25x	as long as short
SunX NFLX-USDT	0.0000%	8h	73.577	+0.010%	$1K	$5.1M	10x	as long as short
HTX NFLX-USDT	0.0000%	8h	73.548	−0.029%	$10K	$52K	20x	as long as short
Phemex NFLXUSDT	0.0000%	8h	73.580	+0.014%	$1.4M	$330K	10x	as long as short
Vest NFLX-USD-PERP	+0.0046%	1h	73.440	−0.176%	—	$21K	25x	as long as short
Ondo Perps NFLX-USD.P	+0.0050%	1h	73.460	−0.149%	$68K	$172K	10x	as long as short
tradeXYZ xyz:NFLX	+0.0076%	1h	73.480	−0.122%	$5.1M	$3.2M	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended NFLX-USD	+0.0080%	1h	73.474	−0.129%	$16K	$29K	10x	as long as short
KuCoin NFLXUSDTM	+0.0100%	8h	73.460	−0.149%	$152K	$13K	20x	as long as short
Aevo NFLX-PERP	+0.0104%	1h	73.559	−0.014%	$225	—	10x	as long as short
Variational Omni NFLX	+0.0210%	8h	73.577	+0.011%	$120K	$111K	—	as long as short
Binance NFLXUSDTlong	+0.0214%	8h	73.570	long leg	$5.4M	$5.4M	20x
Injective NFLX/USDC PERP	+0.0220%	1h	74.210	+0.871%	$83K	$52K	12x	as long as short
Bitget NFLXUSDT	+0.0236%	8h	73.570	+0.001%	$4.2M	$619K	50x	as long as short
Phoenix NFLX	+0.0327%	1h	73.515	−0.074%	$12K	$77K	10x	as long as short
GRVT NFLX_USDT_Perp	+0.0349%	8h	73.570	+0.001%	$633	$159K	10x	as long as short
BloFin NFLX-USDT	+0.0353%	8h	73.620	+0.069%	$46K	$83K	20x	as long as short
Bybit NFLXUSDTshort	+0.0419%	8h	73.580	+0.014%	$1.3M	$1.0M	50x