Funding you earn now, next payment 07:00 UTC+0.0123%/8h= +13.5% APRpaid last 24h −0.011%
Price spread now: Phoenix against Binance−0.046%95s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.237%+$24 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Phoenix is 0.046% cheaper against Binance than usual: you would sell low and buy high (spread −0.046% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 30 hours of funding at the current rate (+$4 a day). The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NFLXUSDT | 73.870 | 0.0126 | pay 0.0126% / 8h | 39m 48s | $5.4M | $5.6M | 20x |
| Short | Phoenix NFLX | 73.836 | 0.0249 | get 0.0031% / 1h | 39m 48s | $12K | $77K | 10x |
Binance NFLXUSDT
Phoenix NFLXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix 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
- $25.87
- Price spread: −0.046% → 0.000%
- −$4.6
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $4.26
- Costs to cover
- 0.170%
- Break-even
- 5.8 days
Slippage unknown: Binance: live order book, 13 min ago; Phoenix: no order-book sample. Net counts fees only.
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, 13 min ago | 0.68 bp | 9.8 bp −$10 | 27.2 bp −$272 | 196.2 bp −$19.6K | doesn't fit |
| Sell Phoenix no order-book sample | — | — | — | — | — |
Phoenix: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 73.874 | +0.005% | $11K | $5K | 20x | as long as short |
| OKX NFLX-USDT-SWAP | 0.0000% | 8h | 73.860 | −0.014% | $876K | $832K | 20x | as long as short |
| QFEX NFLX-USD | 0.0000% | 1h | 73.780 | −0.122% | $1.1M | $1.4M | 10x | as long as short |
| Bitget NFLXUSDT | 0.0000% | 8h | 73.900 | +0.041% | $4.2M | $596K | 50x | as long as short |
| SunX NFLX-USDT | 0.0000% | 8h | 73.871 | +0.001% | $2K | $4.6M | 10x | as long as short |
| HTX NFLX-USDT | 0.0000% | 8h | 73.884 | +0.019% | $10K | $52K | 20x | as long as short |
| Phemex NFLXUSDT | 0.0000% | 8h | 73.870 | 0.000% | $1.4M | $345K | 10x | as long as short |
| Gate NFLX_USDT | +0.0028% | 8h | 73.890 | +0.027% | $1.4M | $1.2M | 25x | as long as short |
| Vest NFLX-USD-PERP | +0.0046% | 1h | 73.790 | −0.108% | — | $21K | 25x | as long as short |
| Extended NFLX-USD | +0.0048% | 1h | 73.789 | −0.110% | $12K | $19K | 10x | as long as short |
Aster NFLXUSDT
OKX NFLX-USDT-SWAP
QFEX NFLX-USD
Bitget NFLXUSDT
SunX NFLX-USDT
HTX NFLX-USDT
Phemex NFLXUSDT
Gate NFLX_USDT
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 | 73.797 | −0.099% | $5.0M | $2.9M | 10x | as long as short |
| Ondo Perps NFLX-USD.P | +0.0050% | 1h | 73.740 | −0.176% | $66K | $141K | 10x | as long as short |
| KuCoin NFLXUSDTM | +0.0100% | 8h | 73.800 | −0.095% | $152K | $38K | 20x | as long as short |
| Aevo NFLX-PERP | +0.0104% | 1h | 73.869 | −0.002% | $226 | — | 10x | as long as short |
| Variational Omni NFLX | +0.0119% | 8h | 73.861 | −0.013% | $83K | $120K | — | as long as short |
| Binance NFLXUSDTlong | +0.0126% | 8h | 73.870 | long leg | $5.4M | $5.6M | 20x | |
| GRVT NFLX_USDT_Perp | +0.0206% | 8h | 73.892 | +0.030% | $372 | $137K | 10x | as long as short |
| Injective NFLX/USDC PERP | +0.0220% | 1h | 74.540 | +0.907% | $83K | $115K | 12x | as long as short |
| BloFin NFLX-USDT | +0.0246% | 8h | 73.910 | +0.054% | $47K | $81K | 20x | as long as short |
| Phoenix NFLXshort | +0.0249% | 1h | 73.836 | −0.046% | $12K | $77K | 10x | |
| Bybit NFLXUSDT | +0.0254% | 8h | 73.880 | +0.014% | $1.3M | $889K | 50x | as long as short |
tradeXYZ xyz:NFLX
Ondo Perps NFLX-USD.P
KuCoin NFLXUSDTM
Aevo NFLX-PERP
Variational Omni NFLX
GRVT NFLX_USDT_Perp
Injective NFLX/USDC PERP
BloFin NFLX-USDT
Bybit NFLXUSDT