Funding you earn now, next payment 00:00 UTC−0.0292%/8h= −31.9% APRpaid last 24h −0.076%
Price spread now: tradeXYZ against BloFin−0.135%48s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.177%−$18 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and tradeXYZ is 0.135% cheaper against BloFin than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.177% in total (about -9.2% a year). A funding rate is set anew for every payment. 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 | BloFin NFLX-USDT | 73.530 | 0.0342 | pay 0.0342% / 8h | 14m 16s | $46K | $82K | 20x |
| Short | tradeXYZ xyz:NFLX | 73.431 | 0.0050 | get 0.0006% / 1h | 14m 16s | $5.0M | $3.0M | 10x |
BloFin NFLX-USDT
tradeXYZ xyz:NFLXFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against BloFin. 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
- −$61.22
- Price spread: −0.135% → 0.000%
- −$13.46
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$104.69
- Costs to cover
- 0.300%
- Break-even
- never at this rate
Slippage unknown: BloFin: no order-book sample; tradeXYZ: live order book, 4 min ago. 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 BloFin no order-book sample | — | — | — | — | — |
| Sell tradeXYZ live order book, 4 min ago | 1.70 bp | 11.2 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
BloFin: 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 | 73.439 | −0.124% | $11K | $5K | 20x | as long as short |
| OKX NFLX-USDT-SWAP | 0.0000% | 8h | 73.470 | −0.082% | $872K | $989K | 20x | as long as short |
| QFEX NFLX-USD | 0.0000% | 1h | 73.450 | −0.109% | $1.1M | $1.5M | 10x | as long as short |
| Gate NFLX_USDT | 0.0000% | 8h | 73.540 | +0.014% | $1.3M | $1.2M | 25x | as long as short |
| SunX NFLX-USDT | 0.0000% | 8h | 73.498 | −0.044% | $2K | $5.0M | 10x | as long as short |
| HTX NFLX-USDT | 0.0000% | 8h | 73.535 | +0.007% | $10K | $52K | 20x | as long as short |
| Phemex NFLXUSDT | 0.0000% | 8h | 73.510 | −0.027% | $1.4M | $332K | 10x | as long as short |
| Vest NFLX-USD-PERP | +0.0046% | 1h | 73.440 | −0.122% | — | $21K | 25x | as long as short |
| Extended NFLX-USD | +0.0048% | 1h | 73.428 | −0.139% | $16K | $29K | 10x | as long as short |
| tradeXYZ xyz:NFLXshort | +0.0050% | 1h | 73.431 | −0.135% | $5.0M | $3.0M | 10x |
Aster NFLXUSDT
OKX NFLX-USDT-SWAP
QFEX NFLX-USD
Gate NFLX_USDT
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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps NFLX-USD.P | +0.0050% | 1h | 73.440 | −0.122% | $71K | $186K | 10x | as long as short |
| KuCoin NFLXUSDTM | +0.0100% | 8h | 73.450 | −0.109% | $152K | $37K | 20x | as long as short |
| Bitget NFLXUSDT | +0.0104% | 8h | 73.490 | −0.054% | $4.3M | $689K | 50x | as long as short |
| Aevo NFLX-PERP | +0.0104% | 1h | 73.496 | −0.047% | $225 | — | 10x | as long as short |
| Variational Omni NFLX | +0.0202% | 8h | 73.484 | −0.062% | $90K | $136K | — | as long as short |
| Binance NFLXUSDT | +0.0205% | 8h | 73.490 | −0.054% | $5.4M | $5.5M | 20x | as long as short |
| Phoenix NFLX | +0.0207% | 1h | 73.453 | −0.105% | $12K | $77K | 10x | as long as short |
| Injective NFLX/USDC PERP | +0.0220% | 1h | 77.820 | +5.834% | $87K | $67K | 12x | as long as short |
| GRVT NFLX_USDT_Perp | +0.0302% | 8h | 73.510 | −0.027% | $809 | $155K | 10x | as long as short |
| BloFin NFLX-USDTlong | +0.0342% | 8h | 73.530 | long leg | $46K | $82K | 20x | |
| Bybit NFLXUSDT | +0.0404% | 8h | 73.540 | +0.014% | $1.3M | $969K | 50x | as long as short |
Ondo Perps NFLX-USD.P
KuCoin NFLXUSDTM
Bitget NFLXUSDT
Aevo NFLX-PERP
Variational Omni NFLX
Binance NFLXUSDT
Phoenix NFLX
Injective NFLX/USDC PERP
GRVT NFLX_USDT_Perp
Bybit NFLXUSDT