Funding you earn now, next payment 08:00 UTC−0.0202%/8h= −22.2% APRnext payment −$2.02 per $10,000 · paid last 24h −0.046%
Price spread now: Variational Omni against Bybit−0.065%7-day average −0.002% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.069%−$7 on $10k
+Price spread, last 4 days (all we have)+0.042%+$4 · spread now −0.065%, 7d avg −0.002%
=Together, before fees−0.027%+ Points / potential airdropVariational Omni: Active · farm board−$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Variational Omni is 0.063% cheaper against Bybit than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.002%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.069% in total (about -7.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.02 per $10,000. 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 | Bybit NFLXUSDT | 73.600 | 0.0410 | pay 0.0410% / 8h | 4h 44m | $1.3M | $877K | 50x |
| Short | Variational Omni NFLX | 73.552 | 0.0208 | get 0.0208% / 8h | 4h 44m | $94K | $130K | — |
Bybit NFLXUSDT
Variational Omni NFLXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$42.5
- Price spread: −0.065% → −0.002%
- −$6.31
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$59.8
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 2 min ago; Variational Omni: RFQ quote, 15 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 Bybit live order book, 2 min ago | 6.12 bp | 20.0 bp −$20 | 148.6 bp −$1,486 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 15 min ago | 2.89 bp | doesn't fit | 35.9 bp −$359 | 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 | 73.541 | −0.080% | $11K | $5K | 20x | as long as short |
| OKX NFLX-USDT-SWAP | 0.0000% | 8h | 73.590 | −0.014% | $879K | $835K | 20x | as long as short |
| QFEX NFLX-USD | 0.0000% | 1h | 73.530 | −0.095% | $1.1M | $1.4M | 10x | as long as short |
| Bitget NFLXUSDT | 0.0000% | 8h | 73.610 | +0.014% | $4.3M | $553K | 50x | as long as short |
| SunX NFLX-USDT | 0.0000% | 8h | 73.567 | −0.045% | $2K | $4.6M | 10x | as long as short |
| HTX NFLX-USDT | 0.0000% | 8h | 73.540 | −0.082% | $10K | $53K | 20x | as long as short |
| Phemex NFLXUSDT | 0.0000% | 8h | 73.570 | −0.041% | $1.4M | $323K | 10x | as long as short |
| Vest NFLX-USD-PERP | +0.0046% | 1h | 73.510 | −0.122% | — | $21K | 25x | as long as short |
| Extended NFLX-USD | +0.0048% | 1h | 73.484 | −0.157% | $16K | $29K | 10x | as long as short |
| Gate NFLX_USDT | +0.0048% | 8h | 73.630 | +0.041% | $1.4M | $1.2M | 25x | 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
Gate NFLX_USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:NFLX | +0.0050% | 1h | 73.515 | −0.115% | $4.9M | $2.9M | 10x | as long as short |
| Ondo Perps NFLX-USD.P | +0.0050% | 1h | 73.450 | −0.204% | $65K | $139K | 10x | as long as short |
| KuCoin NFLXUSDTM | +0.0100% | 8h | 73.530 | −0.095% | $151K | $37K | 20x | as long as short |
| Aevo NFLX-PERP | +0.0104% | 1h | 73.571 | −0.039% | $225 | — | 10x | as long as short |
| Variational Omni NFLXshort | +0.0208% | 8h | 73.552 | −0.065% | $94K | $130K | — | |
| Binance NFLXUSDT | +0.0214% | 8h | 73.550 | −0.068% | $5.4M | $5.4M | 20x | as long as short |
| Injective NFLX/USDC PERP | +0.0220% | 1h | 77.880 | +5.815% | $87K | $89K | 12x | as long as short |
| Phoenix NFLX | +0.0239% | 1h | 73.541 | −0.080% | $12K | $77K | 10x | as long as short |
| GRVT NFLX_USDT_Perp | +0.0314% | 8h | 73.570 | −0.041% | $804 | $143K | 10x | as long as short |
| BloFin NFLX-USDT | +0.0357% | 8h | 73.560 | −0.054% | $47K | $81K | 20x | as long as short |
| Bybit NFLXUSDTlong | +0.0410% | 8h | 73.600 | long leg | $1.3M | $877K | 50x |
tradeXYZ xyz:NFLX
Ondo Perps NFLX-USD.P
KuCoin NFLXUSDTM
Aevo NFLX-PERP
Binance NFLXUSDT
Injective NFLX/USDC PERP
Phoenix NFLX
GRVT NFLX_USDT_Perp
BloFin NFLX-USDT