Funding you earn now, next payment 00:00 UTC−0.0211%/8h= −23.1% APRnext payment −$2.11 per $10,000 · paid last 24h −0.055%
Price spread now: Gate against Binance+0.054%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$163as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1421.424% of the position
Funding, last 7 days−0.202%−$20 on $10k
+Price spread, last 2 days (all we have)−0.065%−$6 · spread now +0.054%, 7d avg −0.010%
=The price spread pays, funding is against you. Gate is 0.064% dearer against Binance than usual: you sell high and buy low (spread +0.054% now, against its 7-day average of −0.010%): +$6 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 24 hours. At the pace of the last 7 days (−0.202% in total) that is about 2.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NFLXUSDT | 73.580 | 0.0211 | pay 0.0211% / 8h | 2h 26m | $5.4M | $5.4M | 20x |
| Short | Gate NFLX_USDT | 73.620 | 0 | get 0.0000% / 8h | 2h 26m | $1.3M | $1.2M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$44.33
- Price spread: +0.054% → −0.010%
- $6.41
- Slippage, 4 orders
- −$117.41
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$180.34
- Costs to cover
- 1.424%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; Gate: live order book, 1 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, 12 min ago | 0.68 bp | 12.3 bp −$12 | 26.9 bp −$269 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 6.79 bp | 92.8 bp −$93 | 305.9 bp −$3,059 | 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 | 73.474 | −0.144% | $11K | $5K | 20x | as long as short |
| OKX NFLX-USDT-SWAP | 0.0000% | 8h | 73.630 | +0.068% | $872K | $999K | 20x | as long as short |
| QFEX NFLX-USD | 0.0000% | 1h | 73.460 | −0.163% | $1.1M | $1.4M | 10x | as long as short |
| Gate NFLX_USDTshort | 0.0000% | 8h | 73.620 | +0.054% | $1.3M | $1.2M | 25x | |
| SunX NFLX-USDT | 0.0000% | 8h | 73.577 | −0.004% | $2K | $5.1M | 10x | as long as short |
| HTX NFLX-USDT | 0.0000% | 8h | 73.480 | −0.136% | $10K | $52K | 20x | as long as short |
| Phemex NFLXUSDT | 0.0000% | 8h | 73.560 | −0.027% | $1.4M | $330K | 10x | as long as short |
| Vest NFLX-USD-PERP | +0.0046% | 1h | 73.460 | −0.163% | — | $21K | 25x | as long as short |
| Ondo Perps NFLX-USD.P | +0.0050% | 1h | 73.460 | −0.163% | $68K | $172K | 10x | as long as short |
| tradeXYZ xyz:NFLX | +0.0076% | 1h | 73.509 | −0.096% | $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 | 73.494 | −0.117% | $16K | $29K | 10x | as long as short |
| KuCoin NFLXUSDTM | +0.0100% | 8h | 73.460 | −0.163% | $152K | $13K | 20x | as long as short |
| Aevo NFLX-PERP | +0.0104% | 1h | 73.576 | −0.005% | $225 | — | 10x | as long as short |
| Variational Omni NFLX | +0.0199% | 8h | 73.567 | −0.018% | $120K | $111K | — | as long as short |
| Binance NFLXUSDTlong | +0.0211% | 8h | 73.580 | long leg | $5.4M | $5.4M | 20x | |
| Injective NFLX/USDC PERP | +0.0220% | 1h | 74.200 | +0.843% | $83K | $52K | 12x | as long as short |
| Bitget NFLXUSDT | +0.0233% | 8h | 73.530 | −0.068% | $4.2M | $619K | 50x | as long as short |
| Phoenix NFLX | +0.0327% | 1h | 73.515 | −0.088% | $12K | $77K | 10x | as long as short |
| GRVT NFLX_USDT_Perp | +0.0335% | 8h | 73.559 | −0.029% | $633 | $159K | 10x | as long as short |
| BloFin NFLX-USDT | +0.0345% | 8h | 73.570 | −0.014% | $46K | $83K | 20x | as long as short |
| Bybit NFLXUSDT | +0.0413% | 8h | 73.580 | 0.000% | $1.3M | $1.0M | 50x | as long as short |
Binance NFLXUSDT
Gate NFLX_USDT
Aster NFLXUSDT
OKX NFLX-USDT-SWAP
SunX NFLX-USDT
HTX NFLX-USDT
Phemex NFLXUSDT
tradeXYZ xyz:NFLX
Extended NFLX-USD
KuCoin NFLXUSDTM
Variational Omni NFLX
Injective NFLX/USDC PERP
Bitget NFLXUSDT
Phoenix NFLX
GRVT NFLX_USDT_Perp
BloFin NFLX-USDT
Bybit NFLXUSDT