Funding you earn now, next payment 16:00 UTC+0.0123%/8h= +13.5% APRnext payment +$1.23 per $10,000 · paid last 24h +0.020%
Price spread now: GRVT against Binance−0.107%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$670.675% of the position
Funding, last 7 days+0.102%+$10 on $10k
+Price spread, last 4 days (all we have)+0.090%+$9 · spread now −0.107%, 7d avg −0.010%
=Together, before fees+0.192%+ Points / potential airdropGRVT: Active · farm board+$19 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.097% cheaper against Binance than usual: you would sell low and buy high (spread −0.107% now, against its 7-day average of −0.010%). If the spread goes back, that is −$10 on $10k: about 2.6 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.102% in total) that is about 6.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NFLXUSDT | 74.070 | 0.0146 | pay 0.0146% / 8h | 7h 48m | $5.4M | $5.7M | 20x |
| Short | GRVT NFLX_USDT_Perp | 73.991 | 0.0269 | get 0.0269% / 8h | 7h 48m | $253 | $129K | 10x |
Binance NFLXUSDT
GRVT NFLX_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- $25.92
- Price spread: −0.107% → −0.010%
- −$9.71
- Slippage, 4 orders
- −$48.48
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$51.27
- Costs to cover
- 0.675%
- Break-even
- 20.8 days
Slippage from Binance: live order book, 4 min ago; GRVT: live order book, 48 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, 4 min ago | 0.68 bp | 11.0 bp −$11 | 30.1 bp −$301 | 187.8 bp −$18.8K | doesn't fit |
| Sell GRVT live order book, 48 min ago | 2.03 bp | 26.9 bp −$27 | 74.4 bp −$744 | 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 | 74.015 | −0.075% | $11K | $5K | 20x | as long as short |
| OKX NFLX-USDT-SWAP | 0.0000% | 8h | 74.160 | +0.122% | $891K | $833K | 20x | as long as short |
| QFEX NFLX-USD | 0.0000% | 1h | 74.060 | −0.014% | $1.1M | $1.4M | 10x | as long as short |
| Gate NFLX_USDT | 0.0000% | 8h | 74.140 | +0.095% | $1.4M | $1.1M | 25x | as long as short |
| Bitget NFLXUSDT | 0.0000% | 8h | 74.070 | 0.000% | $4.3M | $594K | 50x | as long as short |
| SunX NFLX-USDT | 0.0000% | 8h | 74.108 | +0.051% | $2K | $4.6M | 10x | as long as short |
| HTX NFLX-USDT | 0.0000% | 8h | 74.200 | +0.176% | $10K | $52K | 20x | as long as short |
| Phemex NFLXUSDT | 0.0000% | 8h | 74.100 | +0.041% | $1.4M | $352K | 10x | as long as short |
| Vest NFLX-USD-PERP | +0.0046% | 1h | 74.060 | −0.014% | — | $21K | 25x | as long as short |
| Extended NFLX-USD | +0.0048% | 1h | 74.037 | −0.044% | $12K | $19K | 10x | as long as short |
Aster NFLXUSDT
OKX NFLX-USDT-SWAP
QFEX NFLX-USD
Gate NFLX_USDT
Bitget NFLXUSDT
SunX NFLX-USDT
HTX NFLX-USDT
Phemex NFLXUSDT
Vest NFLX-USD-PERP
Extended NFLX-USDShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:NFLX | +0.0050% | 1h | 74.044 | −0.035% | $5.0M | $3.0M | 10x | as long as short |
| Ondo Perps NFLX-USD.P | +0.0050% | 1h | 74.010 | −0.081% | $64K | $144K | 10x | as long as short |
| KuCoin NFLXUSDTM | +0.0100% | 8h | 74.050 | −0.027% | $152K | $61K | 20x | as long as short |
| Aevo NFLX-PERP | +0.0104% | 1h | 74.091 | +0.029% | $227 | — | 10x | as long as short |
| Variational Omni NFLX | +0.0134% | 8h | 74.053 | −0.023% | $83K | $119K | — | as long as short |
| Binance NFLXUSDTlong | +0.0146% | 8h | 74.070 | long leg | $5.4M | $5.7M | 20x | |
| Bybit NFLXUSDT | +0.0203% | 8h | 74.100 | +0.041% | $1.3M | $882K | 50x | as long as short |
| Injective NFLX/USDC PERP | +0.0220% | 1h | 74.830 | +1.026% | $83K | $120K | 12x | as long as short |
| Phoenix NFLX | +0.0238% | 1h | 73.961 | −0.147% | $12K | $77K | 10x | as long as short |
| BloFin NFLX-USDT | +0.0266% | 8h | 74.170 | +0.135% | $47K | $78K | 20x | as long as short |
| GRVT NFLX_USDT_Perpshort | +0.0269% | 8h | 73.991 | −0.107% | $253 | $129K | 10x |
tradeXYZ xyz:NFLX
Ondo Perps NFLX-USD.P
KuCoin NFLXUSDTM
Aevo NFLX-PERP
Variational Omni NFLX
Bybit NFLXUSDT
Injective NFLX/USDC PERP
Phoenix NFLX
BloFin NFLX-USDT