Funding you earn now, next payment 08:00 UTC−0.0087%/8h= −9.6% APRnext payment −$0.87 per $10,000 · paid last 24h −0.030%
Price spread now: GRVT against Bybit−0.054%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$760.764% of the position
Funding, last 7 days+0.096%+$10 on $10k
+Price spread, last 4 days (all we have)+0.021%+$2 · spread now −0.054%, 7d avg +0.011%
=Together, before fees+0.117%+ Points / potential airdropGRVT: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and GRVT is 0.065% cheaper against Bybit than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.011%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.096%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit NFLXUSDT | 73.610 | 0.0402 | pay 0.0402% / 8h | 4h 41m | $1.3M | $877K | 50x |
| Short | GRVT NFLX_USDT_Perp | 73.570 | 0.0315 | get 0.0315% / 8h | 4h 41m | $799 | $143K | 10x |
Bybit NFLXUSDT
GRVT NFLX_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- −$18.37
- Price spread: −0.054% → +0.011%
- −$6.55
- Slippage, 4 orders
- −$56.4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$101.32
- Costs to cover
- 0.764%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; GRVT: live order book, 16 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, 5 min ago | 6.12 bp | 20.0 bp −$20 | 148.6 bp −$1,486 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 16 min ago | 2.04 bp | 15.1 bp −$15 | 41.2 bp −$412 | 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 | 73.536 | −0.101% | $11K | $5K | 20x | as long as short |
| OKX NFLX-USDT-SWAP | 0.0000% | 8h | 73.570 | −0.054% | $879K | $834K | 20x | as long as short |
| QFEX NFLX-USD | 0.0000% | 1h | 73.530 | −0.109% | $1.1M | $1.4M | 10x | as long as short |
| Bitget NFLXUSDT | 0.0000% | 8h | 73.610 | 0.000% | $4.3M | $559K | 50x | as long as short |
| SunX NFLX-USDT | 0.0000% | 8h | 73.588 | −0.030% | $1K | $4.6M | 10x | as long as short |
| HTX NFLX-USDT | 0.0000% | 8h | 73.584 | −0.035% | $10K | $53K | 20x | as long as short |
| Phemex NFLXUSDT | 0.0000% | 8h | 73.600 | −0.014% | $1.4M | $325K | 10x | as long as short |
| Vest NFLX-USD-PERP | +0.0046% | 1h | 73.540 | −0.095% | — | $21K | 25x | as long as short |
| Extended NFLX-USD | +0.0048% | 1h | 73.524 | −0.117% | $16K | $29K | 10x | as long as short |
| tradeXYZ xyz:NFLX | +0.0050% | 1h | 73.528 | −0.111% | $4.9M | $2.9M | 10x | as long as short |
Aster NFLXUSDT
OKX NFLX-USDT-SWAP
QFEX NFLX-USD
Bitget NFLXUSDT
SunX NFLX-USDT
HTX NFLX-USDT
Phemex NFLXUSDT
Vest NFLX-USD-PERP
Extended NFLX-USD
tradeXYZ xyz:NFLXShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate NFLX_USDT | +0.0050% | 8h | 73.640 | +0.041% | $1.4M | $1.2M | 25x | as long as short |
| Ondo Perps NFLX-USD.P | +0.0050% | 1h | 73.450 | −0.217% | $65K | $139K | 10x | as long as short |
| KuCoin NFLXUSDTM | +0.0100% | 8h | 73.540 | −0.095% | $151K | $37K | 20x | as long as short |
| Aevo NFLX-PERP | +0.0104% | 1h | 73.593 | −0.023% | $225 | — | 10x | as long as short |
| Variational Omni NFLX | +0.0208% | 8h | 73.552 | −0.079% | $94K | $130K | — | as long as short |
| Binance NFLXUSDT | +0.0211% | 8h | 73.598 | −0.016% | $5.4M | $5.4M | 20x | as long as short |
| Injective NFLX/USDC PERP | +0.0220% | 1h | 77.920 | +5.855% | $87K | $89K | 12x | as long as short |
| Phoenix NFLX | +0.0239% | 1h | 73.541 | −0.094% | $12K | $77K | 10x | as long as short |
| GRVT NFLX_USDT_Perpshort | +0.0315% | 8h | 73.570 | −0.054% | $799 | $143K | 10x | |
| BloFin NFLX-USDT | +0.0351% | 8h | 73.550 | −0.082% | $47K | $81K | 20x | as long as short |
| Bybit NFLXUSDTlong | +0.0402% | 8h | 73.610 | long leg | $1.3M | $877K | 50x |
Gate NFLX_USDT
Ondo Perps NFLX-USD.P
KuCoin NFLXUSDTM
Aevo NFLX-PERP
Variational Omni NFLX
Binance NFLXUSDT
Injective NFLX/USDC PERP
Phoenix NFLX
BloFin NFLX-USDT