Funding you earn now, next payment 08:00 UTC−0.0123%/8h= −13.5% APRnext payment −$1.23 per $10,000 · paid last 24h −0.084%
Price spread now: SunX against Binance+0.024%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$298as in the Funding arb table
Net, price: spread back to 7d avg − costs−$272as in the Price arb table
costs, in and out, $10k−$2752.745% of the position
Funding, last 7 days−0.230%−$23 on $10k
+Price spread, last 4 days (all we have)+0.004%$0 · spread now +0.024%, 7d avg −0.005%
=The price spread pays, funding is against you. SunX is 0.028% dearer against Binance than usual: you sell high and buy low (spread +0.024% now, against its 7-day average of −0.005%): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 18 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NFLXUSDT | 73.868 | 0.0123 | pay 0.0123% / 8h | 1h 56m | $5.4M | $5.6M | 20x |
| Short | SunX NFLX-USDT | 73.885 | 0 | get 0.0000% / 8h | 1h 56m | $1K | $4.6M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$25.93
- Price spread: +0.024% → −0.005%
- $2.82
- Slippage, 4 orders
- −$256.53
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$297.63
- Costs to cover
- 2.745%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; SunX: live order book, 13 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 | 9.7 bp −$10 | 27.4 bp −$274 | 174.6 bp −$17.5K | doesn't fit |
| Sell SunX live order book, 13 min ago | 45.95 bp | 128.0 bp −$128 | doesn't fit | 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 | 73.799 | −0.093% | $11K | $5K | 20x | as long as short |
| OKX NFLX-USDT-SWAP | 0.0000% | 8h | 73.890 | +0.030% | $878K | $837K | 20x | as long as short |
| QFEX NFLX-USD | 0.0000% | 1h | 73.820 | −0.064% | $1.1M | $1.4M | 10x | as long as short |
| Bitget NFLXUSDT | 0.0000% | 8h | 73.920 | +0.071% | $4.3M | $592K | 50x | as long as short |
| SunX NFLX-USDTshort | 0.0000% | 8h | 73.885 | +0.024% | $1K | $4.6M | 10x | |
| HTX NFLX-USDT | 0.0000% | 8h | 73.974 | +0.144% | $10K | $52K | 20x | as long as short |
| Phemex NFLXUSDT | 0.0000% | 8h | 73.910 | +0.057% | $1.4M | $342K | 10x | as long as short |
| Vest NFLX-USD-PERP | +0.0046% | 1h | 73.820 | −0.064% | — | $21K | 25x | as long as short |
| Gate NFLX_USDT | +0.0046% | 8h | 73.900 | +0.044% | $1.4M | $1.2M | 25x | as long as short |
| Extended NFLX-USD | +0.0048% | 1h | 73.768 | −0.135% | $12K | $19K | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:NFLX | +0.0050% | 1h | 73.775 | −0.125% | $5.0M | $3.0M | 10x | as long as short |
| Ondo Perps NFLX-USD.P | +0.0050% | 1h | 73.770 | −0.132% | $66K | $144K | 10x | as long as short |
| KuCoin NFLXUSDTM | +0.0100% | 8h | 73.820 | −0.064% | $152K | $38K | 20x | as long as short |
| Aevo NFLX-PERP | +0.0104% | 1h | 73.855 | −0.017% | $226 | — | 10x | as long as short |
| Variational Omni NFLX | +0.0121% | 8h | 73.971 | +0.140% | $95K | $126K | — | as long as short |
| Binance NFLXUSDTlong | +0.0123% | 8h | 73.868 | long leg | $5.4M | $5.6M | 20x | |
| GRVT NFLX_USDT_Perp | +0.0169% | 8h | 73.982 | +0.155% | $636 | $140K | 10x | as long as short |
| Phoenix NFLX | +0.0206% | 1h | 73.857 | −0.014% | $12K | $77K | 10x | as long as short |
| Injective NFLX/USDC PERP | +0.0220% | 1h | 78.250 | +5.933% | $87K | $107K | 12x | as long as short |
| BloFin NFLX-USDT | +0.0244% | 8h | 73.920 | +0.071% | $47K | $83K | 20x | as long as short |
| Bybit NFLXUSDT | +0.0285% | 8h | 73.880 | +0.017% | $1.3M | $903K | 50x | as long as short |
Binance NFLXUSDT
SunX NFLX-USDT
Aster NFLXUSDT
OKX NFLX-USDT-SWAP
Bitget NFLXUSDT
HTX NFLX-USDT
Phemex NFLXUSDT
Gate NFLX_USDT
Extended NFLX-USD
tradeXYZ xyz:NFLX
KuCoin NFLXUSDTM
Variational Omni NFLX
GRVT NFLX_USDT_Perp
Phoenix NFLX
Injective NFLX/USDC PERP
BloFin NFLX-USDT
Bybit NFLXUSDT