Funding you earn now, next payment 00:00 UTC−0.0186%/8h= −20.3% APRnext payment −$1.86 per $10,000 · paid last 24h −0.089%
Price spread now: Bitget against Bybit−0.041%7-day average +0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$800.800% of the position
Funding, last 7 days−0.177%−$18 on $10k
+Price spread, last 4 days (all we have)+0.018%+$2 · spread now −0.041%, 7d avg +0.041%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Bitget is 0.082% cheaper against Bybit than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.041%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit NFLXUSDT | 73.550 | 0.0350 | pay 0.0350% / 8h | 1h 34m | $1.3M | $998K | 50x |
| Short | Bitget NFLXUSDT | 73.520 | 0.0164 | get 0.0164% / 8h | 1h 34m | $4.2M | $617K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Bybit. 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
- −$39.02
- Price spread: −0.041% → +0.041%
- −$8.21
- Slippage, 4 orders
- −$57
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$127.23
- Costs to cover
- 0.800%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; Bitget: live order book, 4 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 Bybit live order book, 2 min ago | 6.12 bp | 21.2 bp −$21 | 145.4 bp −$1,454 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 2.04 bp | 14.5 bp −$15 | 41.8 bp −$418 | 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 | 73.468 | −0.112% | $11K | $5K | 20x | as long as short |
| OKX NFLX-USDT-SWAP | 0.0000% | 8h | 73.520 | −0.041% | $873K | $996K | 20x | as long as short |
| QFEX NFLX-USD | 0.0000% | 1h | 73.490 | −0.082% | $1.1M | $1.5M | 10x | as long as short |
| Gate NFLX_USDT | 0.0000% | 8h | 73.570 | +0.027% | $1.3M | $1.2M | 25x | as long as short |
| SunX NFLX-USDT | 0.0000% | 8h | 73.538 | −0.016% | $2K | $5.0M | 10x | as long as short |
| HTX NFLX-USDT | 0.0000% | 8h | 73.519 | −0.042% | $10K | $52K | 20x | as long as short |
| Phemex NFLXUSDT | 0.0000% | 8h | 73.550 | 0.000% | $1.4M | $329K | 10x | as long as short |
| Vest NFLX-USD-PERP | +0.0046% | 1h | 73.480 | −0.095% | — | $21K | 25x | as long as short |
| Extended NFLX-USD | +0.0048% | 1h | 73.440 | −0.149% | $16K | $29K | 10x | as long as short |
| tradeXYZ xyz:NFLX | +0.0050% | 1h | 73.447 | −0.140% | $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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps NFLX-USD.P | +0.0050% | 1h | 73.450 | −0.136% | $68K | $169K | 10x | as long as short |
| KuCoin NFLXUSDTM | +0.0100% | 8h | 73.460 | −0.122% | $152K | $13K | 20x | as long as short |
| Aevo NFLX-PERP | +0.0104% | 1h | 73.543 | −0.010% | $225 | — | 10x | as long as short |
| Bitget NFLXUSDTshort | +0.0164% | 8h | 73.520 | −0.041% | $4.2M | $617K | 50x | |
| Variational Omni NFLX | +0.0200% | 8h | 73.542 | −0.011% | $120K | $106K | — | as long as short |
| Binance NFLXUSDT | +0.0201% | 8h | 73.537 | −0.017% | $5.4M | $5.4M | 20x | as long as short |
| Injective NFLX/USDC PERP | +0.0220% | 1h | 77.850 | +5.846% | $87K | $58K | 12x | as long as short |
| Phoenix NFLX | +0.0272% | 1h | 73.535 | −0.020% | $12K | $77K | 10x | as long as short |
| BloFin NFLX-USDT | +0.0336% | 8h | 73.560 | +0.014% | $46K | $82K | 20x | as long as short |
| GRVT NFLX_USDT_Perp | +0.0337% | 8h | 73.569 | +0.025% | $833 | $157K | 10x | as long as short |
| Bybit NFLXUSDTlong | +0.0350% | 8h | 73.550 | long leg | $1.3M | $998K | 50x |
Bybit NFLXUSDT
Bitget NFLXUSDT
Aster NFLXUSDT
OKX NFLX-USDT-SWAP
Gate NFLX_USDT
SunX NFLX-USDT
HTX NFLX-USDT
Phemex NFLXUSDT
Extended NFLX-USD
tradeXYZ xyz:NFLX
KuCoin NFLXUSDTM
Variational Omni NFLX
Binance NFLXUSDT
Injective NFLX/USDC PERP
Phoenix NFLX
BloFin NFLX-USDT
GRVT NFLX_USDT_Perp